Methods of Evaluating the Risk of Competitiveness Loss for Service Sector Companies

Abstract

In terms of the post-industrial orientation of economics, the leading sector of economics becomes the tertiary sector, that is, the service sector. Development of the service sector determines its significance in the Russian economy development. The paper discusses the concepts of risk faced by service sector companies. Types of risks are highlighted and methods of classifying their quantitative and qualitative evaluation are proposed. Understanding of risk assessment stages is clarified. The conclusion is made, that account of risks allows preventing certain errors within the commercial activity, thus increasing the competitiveness of companies.