The Universal Elements of Strategic Management of Risks in Contemporary Enterprises
The Universal Elements of Strategic Management of Risks in Contemporary Enterprises

Summary/Abstract: The article describes the nature and classification of risks which have been subject to modern enterprises, organizations and communities and presents the universal elements of sustainable management of risks. Was analyzed the standards of conduct and the various stages of risk management in enterprises. This made it possible to define a framework for the sustainable management of risk in the economy at the level of entrepreneurs operating. The objective of sustainable risk management is to minimize the possibility of a specific risk to the acceptable level and size to the business while maximizing profit, or otherwise minimal cost of security. The article shows that the suitable strategic risk management organization a great help in raising of widely understood of economic security in business.

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