Natalia Сhernenko. Category of Risk in Management Activities

(2015) Science and education, 4, 137-142. Odessa.


DOI:

Natalia Сhernenko,

PhD (Candidate of Pedagogical Sciences), acting professor,

Department of Management of Educational Institutions and Civil Service, South Ukrainian National Pedagogical University named after K. D. Ushynsky,

26, Staroportofranskivska Str., Odesa, Ukraine


CATEGORY OF RISK IN MANAGEMENT ACTIVITIES


SUMMARY:

 The essence of the concepts of “risk”, “uncertainty”, “risky situation”, “risk level” has been specified in the article. The prime causes of uncertainty and its types and peculiarities have been revealed; the features of management risk have been described. The review of scientific and methodical literature gives an opportunity to note that despite the theoretical and practical relevance of the category of risk, it still remains understudied in modern pedagogical literature. It has been determined that the terms “risk”, “danger”, and “uncertainty” cannot be considered as synonyms. Danger is not risk, it exists as such and it is not connected with risk to a certain moment. Danger is an objective category, existing out of the human consciousness and does not depend on person’s will. Uncertainty assumes factors, which make the results of actions undetermined, and the level of the influence on the results is unknown. The representatives of the neoKeynesian approach differentiated categories of “risk” and “uncertainty”, explaining this difference by the dependence on a situation. Economists of neoclassical school considered these terms to be equal. The majority of modern economists think that the concepts of “risk” and “uncertainty” are not equal. They note that objective factors of probabilities on the ground of the previous period for statistical prediction are used. In the situations with uncertainty the probability is used as a subjective estimation of possible consequences. It has been proved that risk emerges in the situations of uncertainty, when a choice of alternative decisions is necessary, but a risky situation and uncertainty are not equal. Uncertainty exists under conditions, when a type and number of possible decisions, as well as the results of the proposed variants, are unknown. That means a situation, when a probability of an event cannot be predicted and it happens unexpectedly and unpredictably. It has been also determined that a risky situation in management activity is connected with statistical processes and is accompanied by three co-existing conditions (uncertainty, the necessity of choosing an alternative variant, the possibility of qualitative and quantitative assessment of probability of one or another alternative). Management risk is considered as the carrying out of the management activity in terms of uncertainty, when a causeand-effect result doesn’t allow to take an optimal decision for achieving a goal.


KEYWORDS:

 risk, uncertainty, risky situation, management activity, the level of risk


FULL TEXT:

 http://scienceandeducation.pdpu.edu.ua/doc/2015/JRN_6/28.pdf


REFERENCES:

 1. Vitlinskyi, V. V., & Velykoivanenko, H. I. (2004). Ryzykolohia v ekonomitsi ta pidpryiemnytstvi [Risk study in economics and entrepreneurship]. Kyiv: KNEU [in Ukrаіnian].

2. Honcharov, S. M., & Kushnir, N. B. (2009). Tlumachnyi slovnyk ekonomista [Economics dictionary]. Kyiv: Tsentr uchbovoi literatury [in Ukrаіnian].

3. Dal, V. (1980) Tolkovyi slovar zhivoho velikorusskoho yazyka [Dictionary of the Russian language]. Moscow: Rus. yaz. [in Russian].

4. Surmin, Yu. P., Bakumenko, V. D., & Mykhnenko, A. M. (Ed.). (2010). Entsyklopedychnyi slovnyk z derzhavnoho upravlinnia [Encyclopedic Dictionary of Public Administration]. Kyiv: NADU [in Ukrаіnian].

5. Kremen, V. H. (Eds.). (2008). Entsyklopedia osvity [Education Encyclopedia]. Kyiv: Yurinkom Inter [in Ukrаіnian].

6. Hrynova, V. M., Koiuda, V. O., Lepeyko, T. I., Koiuda, O. P., & Velykyy, Yu. M. (2005). Investytsiynyi menedzhment [Investment Management]. Kharkiv: VD «Inzhek» [in Ukrаіnian].

7.Klymenko, S. M., & Dubrova, O. S (2005). Obgruntuvannia hospodarskykh rishen ta otsinka ryzykiv [Justification of business decisions and risk assessment]. Kyiv: KNEU [in Ukrаіnian].

8.Lukianova, V. V., & Holovach, T. V. (2007). Ekonomichnyi ryzyk [Economic risk]. Kyiv: Akademvydav [in Ukrаіnian].

9.Stepanov, O. M. (Eds.) (2006). Psykholohichna entsyklopedia [Psychological Encyclopedia]. Kyiv: Akademvydav [in Ukrаіnian].

10. Batiuk, V. S., Mikhailov,V. S., Chernobrovaia, N. M., Podpruzhnikov, Y. V., Khimenko, S. V., & Bondenkova, N. A. (2004). Slovar ekonomicheskikh i marketingovykh terminov [Dictionary of economic and marketing terms]. Moscow: Ekzamen [in Russian].

11. Stenchenko, D. M., Hryhorovych, A. V., & Duka, A. P. (2004). Menedzhment. Slovnyk-dovidnyk [Management. Glossary]. Khmelnytskyi: Podillia [in Ukrаіnian].

12. Udovytska, T. A. (2012). Problemy u funktsionuvanni systemy vyshchoi osvity: analiz mozhlyvykh ryzykiv [Problems in the functioning of higher education: analysis of possible risks]. Hranі: nauk.-teoret. almanakh – Borders: scientific and theoretical anthology, 1(81), 134–137 [in Ukrаіnian].

13. Cherkasov, V. V. (1999). Problemy riska v upravlencheskoi deiatelnosti [Problems of risk in management activities]. Moscow: Refl-buk; Kyiv: Vakler [in Russian].

         

       
   
   
         

 

©2024 Університет Ушинського. Всі права захищені, мабуть.