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National Interests: Priorities and Security
 

Risk in business activity

Vol. 5, Iss. 3, FEBRUARY 2009

Available online: 23 September 2009

Subject Heading: Challenges and seucurity

JEL Classification: 

Semykin V.A. Doctor of Agriculture, associate professor, president of the State Agricultural Academy in the name of I.I. Ivanov, Kursk city

Svoinski E. Cand. Sc. (Economics) ;

The article analyses risk as an economic notion. The authors argue that risk definition can be pronounced a notion that conveys interaction between people in the course of their business when its results are uncertain due to external reasons. Risk is an external economic notion and is inherent to all types of business.

Keywords: risk, economics, challenge, optimality, uncertainty, loss

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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