The

consequences of the occurrence of a risk situation affect only the person

who has undertaken (generated, accepted) it

Economic

risks can be reflected in lower incomes or higher spendings than expected.

The regulatory function of

risk has two forms.

External factors of direct influence are legislation

that regulates entrepreneurial activity, unpredictable

activities of state and municipal administration bodies, the

tax system, relations

with partners, competition, economical factors, political factors, corruption.

Internal factors are the

result of events inside the organization and doesn't influence its activity.

Economists classify the entrepreneurs in:

According to the neoclassical theory of risk, the entrepreneur signing a contract must be guided by the following criteria: (Choose the correct variant)

Indicate to which strategy the following characteristics correspond: "...a

company obtains a practical monopoly in a small area that does not

offer much incentives for others to compete in, as it is too small and/or

requires highly specialist skills".

The main risk functions are...

What strategies does Peter Drucker propose?