KUBIŃSKA-JABCOŃ Ewa AGH University of Science and Technology

Spoluautoři ŁUKOWSKI Jan, NIEKURZAK Mariusz

Risk has become one of the most important categories in the global economy. This term is one of the most popular phenomena in the economy. Decision making is always connected with risk. It is the inseparable part of human history and there are no man's actions which cannot be associated with it. The notion of risk is universal, it concerns political, economic and social activities. It takes on specific meaning in the space of economic activity: taking risk entails certain financial consequences. Due to this fact, the essence of risk, methods of its evaluation, as well as its managing are the topic of a growing number of publications in various scientific fields. The key problem for an entrepreneur is to first determine sources of origination of risk, to assess its size and the influence that it may have on the business, and then – to take action in order to minimize this influence. In the article, the following issues have been reviewed: definitions of risk and their classification, methods of risk management and risk control techniques. Taking the ecological risk present in a metallurgical corporation as an example, the most serious threats associated with the risk have been determined, and the most efficient ways of their counteraction have been put forward. In the case of metallurgical activity, the ecological risk is associated with the emision of harmful substances into the atmosphere, as well as with the formation of large amounts of sinters, which accompanies the process of metallurgical production. It has also been shown in the study that through the implementation of an appropriate risk management method, negative effects associated with particular kinds of risk present in the researched corporation may be limited to a considerable degree.