RISK MANAGEMENT SYSTEM IN THE AGRICULTURAL SECTOR IN MODERN BUSINESS CONDITIONS

Issue № 2, 2024, article № 16, pages 159-164

Section: Management in the agricultural sector

Language: Russian

Original language title: СИСТЕМА УПРАВЛЕНИЯ РИСКАМИ В АГРАРНОМ СЕКТОРЕ В СОВРЕМЕННЫХ УСЛОВИЯХ ХОЗЯЙСТВОВАНИЯ

Keywords: AGRICULTURAL SECTOR, TYPE OF RISK, MONITORING, RISK MANAGEMENT ORGANIZATION, PROCEDURES AND MANAGEMENT METHODS, RISK, HEAD OF THE ORGANIZATION, AGRICULTURAL ORGANIZATION, RISK MANAGEMENT, BUSINESS ENTITY

Abstract: The state and development of agriculture affects the interests of the state, since it reflects the level of food security in the country and directly affects the standard of living of the population, in this regard it becomes fundamentally important. Decision-making in agricultural production often takes place in conditions of incomplete information, and the existence of risk is associated with the presence of uncertainty. In order to prevent or minimize the consequences of risk, business entities in agriculture should constantly analyze the conditions that cause their occurrence. It is necessary to be aware of the inherent risks, assess and systematize the most significant risks for agricultural organizations. The purpose of the study is to identify risks specific to agriculture and their management. The methods, the use of which will bring closer to achieving the goals of this article, are to study the experience of Russian agricultural enterprises, analyze scientific literature, systematize and classify risks, as well as use research methods such as monographic, synthesis and other general scientific methods. As a result of the study, agricultural risks are proposed, as well as a scheme for the functioning of a risk management system in an agricultural organization. The article points to the need for an economic entity to develop a system of measures aimed at timely identification of risks, taking into account the specifics of an agricultural organization, since it helps to prevent threats of loss of stability of agricultural organizations.

Authors: Kuzmich Natalia Pavlovna