RISK MANAGEMENT IN THE AGRICULTURAL SECTOR THROUGH DIVERSIFICATION Cover Image

УПРАВЛЕНИЕ НА РИСКА В АГРАРНИЯ СЕКТОР ЧРЕЗ ДИВЕРСИФИКАЦИЯ
RISK MANAGEMENT IN THE AGRICULTURAL SECTOR THROUGH DIVERSIFICATION

Author(s): Hristina Harizanova-Bartos
Subject(s): Economy, Agriculture
Published by: Икономически университет - Варна
Keywords: risk management; diversification; agrarian sector; mechanisms; strategies
Summary/Abstract: Risk management is an essential part of the management process of agricultural holdings in order to reduce the negative consequences of its eventual occurrence. For thisreason, a number of mechanisms are implemented to preserve agricultural income forensuring the normal production and good economic results. One of the most commonrisk minimization approaches is through diversification of production. The purpose of thepublication is to popose an analysis of risk management in the agricultural sector byapplying diversification , the results are based on theoretical part, methodological andanalysis of data from own research in the field of risk management.Risk management is an essential part of the management process of agricultural holdings in order to reduce the negative consequences of its eventual occurrence. For this reason, a number of mechanisms are implemented to preserve agricultural income for ensuring the normal production and good economic results. One of the most common risk minimization approaches is through diversification of production. The purpose of the publication is to propose an analysis of risk management in the agricultural sector by applying diversification , the results are based on theoretical part, methodological and analysis of data from own research in the field of risk management.