WAYS TO ACHIEVE HIGHER EFFICIENCY THROUGH RISK MANAGEMENT IN ENTERPRISES

This article examines the concept of financial risk management in enterprises and its importance for business stability. It emphasizes that identifying, assessing, and mitigating financial risks enables companies to respond effectively to market fluctuations, credit, and liquidity issues. The article briefly analyzes key risk management methods such as diversification, insurance, hedging, internal controls, and cash flow management. These approaches are shown to enhance the financial stability and competitiveness of companies.