Classification of business risk agribusiness subjects

Activities of agribusiness subjects is one of the most risky types of economic activity, because it’s located in a fairly close relationship with different climatic, epidemiological and many other similar factors external and internal environment - business risks. Therefore, they must be timely identified, given in a single classification model for future planning, management and minimization of all their adverse effects. Thus, the article gives a comparative analysis of the most popular classification of risks, both domestic and foreign authors, which has allowed them to identify the positive and negative features. Based on results of this analysis two authors risk classification were composed. The first - the general classification, which serves as a complement to the classification models, in the part correcting their deficiencies, wherein the hierarchical structure and the tightness of relationship between different types of business risk. The area of its application is all economic subjects irrespective of the type their activity. The second - the specialized classification, which is intended specifically for agribusiness subjects, and takes into account their specific features for agricultural production. Its distinctive feature is the division of the business risks agrarian formations according to directions of their economic activity. Such duality of classification models for business risks management agribusiness subjects will allows to fully reveal the nature of the risk, its structure and factors of formation, what is an important element in the correct and timely choice of methods to minimize adverse effects, which associated with business risks. As a result, the precise identification of business risks according to developed authors' models classification s also able to increase the efficiency of agricultural formations through minimization unexpected losses.