RISK MANAGEMENT MECHANISMS IN SECTORS AND SECTORS OF THE DIGITAL ECONOMY

Authors

  • Butaboev Makhammadjon Tuychievich Professor of economics department of Fergana Polytechnic Institute
  • Ismailov Ravshanjon Bakhritdinovich "University of Business and Science", non-state higher educational institution "Economic Sciences" department, associate professor

Abstract

Risk is a potential, measurable disappointment resulting in loss of income, resulting in compensation. For example, uncertainty means not being able to receive part of the expected profit due to a fall in price in a non-standard force majeure situation. In this case, decision-making is due to inexperience due to uncertainty or lack of complete information. Risk arises in a situation of uncertainty, as a result of which costs increase, work time is lost, and profit decreases. Such cases are related to the entrepreneur's inexperience and insufficient management competence. In the information society, using WEB Mining, a large-scale data technology, the data is fully analyzed, the uncertainty situation is studied, the possibility of risk is eliminated, and the company achieves the expected result.

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2024-02-29