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All Journal Mount Hope Global Economic Journal
Yuri Destari
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Economics, Econometrics & Finance

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ANALISIS RESIKO BISNIS UNTUK KEBERLANJUTAN USAHA MIKRO KECIL DAN MENENGAH Yuri Destari
Mount Hope Economic Global Journal Vol. 1 No. 3 (2023)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v1i3.265

Abstract

The aim of this research is to identify the risks encountered by entrepreneurs in running their business. To find the right solutions in taking action when facing business risks. Research methods are qualitative approaches and survey approaches. Business risk involves external and internal factors that can affect business performance and therefore, an effective risk management strategy becomes a must. In an effort to minimize risk, it is necessary to adopt a proactive approach involving rigorous market monitoring, comprehensive risk analysis, and the implementation of appropriate mitigation strategies. Business success is determined not only by potential profits, but also by the company's ability to identify, evaluate, and manage such risks. Businesses that are able to respond to risks quickly to changing environments and integrate risk management principles holistically will have stronger competitiveness. The need to sexually highlight a continuous awareness of risk, the implementation of appropriate strategies, and a good risk management culture in the business can the sustainability and long-term success of a business
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