RISK ASSESSMENT METHODOLOGY IN SMALL BUSINESS ENTITIES
Keywords:
small business, risk identification, risk assessment, risk management, risk mitigation, risk matrix, ISO 31000, risk monitoring, Monte Carlo simulation, financial stability.Abstract
This thesis analyzes the methodological aspects of risk assessment in small business entities. The relevance of the study is determined by global economic uncertainty, rapid changes in market conditions, limited access to financial resources, and the increasing pace of digital transformation. Due to their limited resources, small business entities are highly vulnerable to risks, which increases the need for implementing effective risk management systems.
References
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