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Role and features of the risk management activities of small businesses in the Northern territories

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Authors


Doctor of Economics, Professor economic theory and applied economics
Russia, Tyumen State University
Oles_73@mail.ru


Senior Lecturer, Department of Economics, Management and business law, the applicant Tyumen State University Department of Economics and Applied Economics
Russia, Tyumen State University, Nizhnevartovsk Economics and Law Institute (branch)
Dinara-top@mail.ru

Abstract

The article provides data on the state of small businesses in Russia and in the Tyumen region, in particular, which showed a slight contribution of small business in GDP of Russia, that is a threat to the economic security of the country, especially due to adverse conditions in the international arena in the form of sanctions and the fall of oil prices, which is reflected in dohodah in the budget Northern oil areas and, in General, countries. The situation is urgent, small business development, especially in the Northern regions. For this purpose it is necessary to highlight the risk factors of small sector in the North, which hinder its development. In article built rating risk factors in order to identify priority risk is the risk of a shortage of funds. To manage this risk, the author proposes to use the economic theory of the law of diminishing returns, which allows you to apply risk management techniques to the point where the maximum return in form of effect from the method. Further, its use is impractical. This approach saves money for small enterprises, which is important due to the shortage of financing for small businesses.

Keywords

Small businesses, the Northern territory, the risk factors of small businesses, the risk of a shortage of funds, the economic theory of the law of diminishing returns, the level of risk.

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Kiselica Elena Petrovna , Alieva Dinara Rizvanovna
Role and features of the risk management activities of small businesses in the Northern territories// Modern Management Technology. ISSN 2226-9339. – #7 (55). Art. # 5503. Date issued: . Available at: https://sovman.ru/en/article/5503/

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References

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