Strategic Approaches to the Risk Management and their Influence on Economic Security of the Enterprise

Abstract

Objectives The article is dedicated to the strategic risk management used at an enterprise. Is also analyzes the conditions for the emergence and influence of risks on economic security of an enterprise. The purpose of this research is to determine the influence of risks on economic security of an enterprise. Material and methods The used methods and approaches that ensure the consistency of the study of the strategic risk management. These are dialectic method, logical and historical approach, statistical method, system analysis and generalization. Results The article has studied strategic approaches to the risks management. The scheme is developed, with the help of which it is possible to determine the level of risk. Depending on the specifics of this risk, strategies for responding to the impact of a risk situation are described. Conclusions The methods of managing risky suggested allow studying the ways to minimize risks at an enterprise and ensure the achievement of strategic goals.

Keywords

• risks
• strategic approach
• strategic management
• economic security
• risk assessment
• economic risks
• risk sources (factors)