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MERICAN Journal of Public Diplomacy and International Studies
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necessary to represent the real process of risky activity and the behavior of different categories of 
subjects - players under changing circumstances. In other words, risk is the possibility of success 
or failure, in which case the event is hypothetical (assumed) in nature and is not inevitable. 
In many scientific developments, risk is characterized as the possibility of realizing an 
undesirable result of an indefinite magnitude that occurs after some event. In this case, they mean: 
the risk is possible. The relationship established in this way between the occurrence of risk and the 
uncertainty of the database (information) makes it possible to reveal the economic nature of the 
risk, which manifests itself in a combination of the following systemic factors: 

the probability of losing part of the resources (in particular, one's own) or the 
appearance of additional costs; 

the possibility of obtaining additional profit as a result of the implementation of a certain 
business operation; 

non-deterministic efficiency of business operations (purposeful processes). 
The types of risks in decision-making are also divided depending on the various 
classifications of a number of scientific developments. The concept of risk management tools
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determining the possibility of using similar tools in certain cases requires, as a theoretical 
justification, more detail on the types and varieties of risks. This task is solved in the course of risk 
classification: the allocation of classification features and the completion of one or more risk 
groups, one or another relevant feature. 
Classification is understood as a system of subordinate categories of any field of knowledge 
or activity of the subject as a whole, used as a means to establish links between these system 
categories. Economists have been dealing with the problem of risks and their classification for a 
long time, but due to the versatility of this phenomenon, the tasks of defining the definition of 
“risk” [4] and the formation of a unified risk classification system have been solved only at the 
level of individual areas. 
Given the above, we can make a preliminary conclusion that the risk is based on the 
probabilistic nature of the activity and the uncertainty of the situation. Further, it should be borne 
in mind that risk accompanies all processes, regardless of whether they are active or passive. It 
should be emphasized that the determining moment in the event of a risk is the mandatory presence 
of systemic factors at the same time, and the absence of at least one of them indicates the absence 
of risk as such. 
Thus, the classification of risks means the systematization of a set of risks on the basis of 
some common features and criteria that allow us to combine risk subsets in a broader sense.