Risk Mangement Frameworks in Industrial Companies
Year: 2024
Type: article
Abstract: The article explores different concepts in risk management, such as risk minimization, acceptable risk levels, and the idea of risk as a resource. It primarily focuses on approaches to managing production and economic risks, highlighting key systemic elements of risk and their influence on decision-making processes. The benefits of effective risk management are also addressed. The article underscores the significance of employing an active risk management strategy to achieve long-term objectives.
Author: Nodirakhon Makhmudova
Institutions: Ferghana Polytechnical Institute, Ferghana State University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W6893121079
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