Management of business risks of wholesale companies

Economic Forum 1 (2):81-90 (2023)
  Copy   BIBTEX

Abstract

This article describes the peculiarities of the formation and modeling of the enterprise risk management system in modern conditions. The main purpose of the research is further development of theoretical and methodical principles and development of practical recommendations aimed at improvement of management of business risks of wholesale enterprises. The critical analysis of literature sources and approaches to solving problems of enterprise risk management testifies to the lack of attention of scientists of the present-day to the investigated problem in the sphere of activity of enterprises of wholesale trade. The urgency of this problem is caused by the existing losses of wholesale companies due to imperfect management as a result of the influence of various business risks. The methodological basis of the research is the system of methods used to obtain the final results: theoretical generalization, scientific abstraction and comparison – to deepen the essence of the concept of "business risk"; analysis and synthesis, grouping – for classification of business risks in the sphere of wholesale trade; methods of analysis, synthesis and logical generalization – to obtain conclusions during determination of the state and problems of realization of business activity in the sphere of wholesale trade of enterprises of Ukraine; systematic approach – for improvement of system of management of business risks of enterprises of wholesale trade on the basis of commercial values. The object of the research is the business risk in the wholesale trade environment. In the article the further development of the risk-based apparatus has been made, the negative consequences of the impact of business risks on the activities of the wholesale trade enterprises have been clarified, the enterprise risk management system of the enterprises has been built, which will reflect an integrated approach to its realization, practical recommendations on the formation of a model of management of business risks of the wholesale trade enterprises on the basis of commercial values. The results of the survey can be useful for business structures, which are focused on improving the management of business risks.

Links

PhilArchive

External links

  • This entry has no external links. Add one.
Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Risk Management- Current Issues and Challenges.Nerija Banaitiene (ed.) - 2012 - Vilnius Gediminias Technical University.
Business ethics auditing – more than a stakeholder's toy.John Rosthorn - 2000 - Journal of Business Ethics 27 (1-2):9 - 19.
Strategic reputation risk management.Judy Larkin - 2003 - New York: Palgrave-Macmillan.
The Im-possible — A Different Way of Thinking Risk.Peter Pelzer - 2012 - Philosophy of Management 11 (1):51-62.
Risk Management, Real Options, Corporate Social Responsibility.Bryan W. Husted - 2005 - Journal of Business Ethics 60 (2):175-183.
Integrated risk management and global business ethics.Alejo Jose´ Sison - 2000 - Business Ethics, the Environment and Responsibility 9 (4):288–295.
Integrated risk management and global business ethics.Alejo Jose´ Sison - 2000 - Business Ethics, the Environment and Responsibility 9 (4):288-295.
Virtue and Risk Culture in Finance.Anthony Asher & Tracy Wilcox - 2022 - Journal of Business Ethics 179 (1):223-236.
Stakeholder Perspectives and Business Risk Perception.David L. Schwarzkopf - 2006 - Journal of Business Ethics 64 (4):327-342.

Analytics

Added to PP
2023-07-25

Downloads
145 (#130,071)

6 months
83 (#58,504)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Igor Kryvovyazyuk
Lutsk National Technical University

Citations of this work

No citations found.

Add more citations