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Risk-Oriented Approach In The System Of Enterprise Economic Security

Table 1:

Direction Description
Determination of the risk appetite level Formation of an indicator that quantifies the amount of risk that the organization considers acceptable from the standpoint of achieving its own goals and ensuring economic security
Definition and improvement of risk interaction methods Formation of a priority approach to risk response: risk avoidance, risk reduction and damage prevention, risk acceptance, hedging and diversification
Reducing the number of unforeseen events and risks increased capacity to identify potential threats and accelerate action to reduce the number of adverse events and their consequences
The whole set of risks management The use of an aggregated approach to systematization of risk management measures formed in accordance with the business strategic objectives
Risk mitigation through more efficient use of favorable events Development of measures to identify events with potential benefits, with a view to their further use to achieve performance targets and to mitigate the negative effects of risks.
Optimization of the enterprise capital structure and intensification of the resources use Formation of information and analytical materials on risks that allow the management of the organization to take a more balanced approach to the process of resource management and capital formation of the organization
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