MANDAKH-2017 3rd INTERNATIONAL CONFERENCE
TYPES GRAIN MANUFACTURING THREATENS AND IT’S MANAGEMENT L.Naranhuu1, а*, Yumaajav Byambaarai2, b 1
Doctor (Ph.D), Prof, Мongolian National Defense University 2
MBA, CPA, Мongolian National Defense University Ulaanbaatar city, Mongolia
а*
narankhuu.l@muls.edu.mn, byumaa_bhis@yahoo.com
Keywords: Risk of agriculture, Value of risk, Grain production, Risk management, Benefit
Abstract Agriculture production is one key sector of Mongolian economic development. During this time, when there is frequency of economic risk in worldwide, the past experiences had shown that relying on the underground resources and wealth will be very disadvantageous, it is very essential to improve economic immunity. This issue had been launched in nationwide policy and programs such as Virgin land crusade III had been implemented but development of this sector had not been reached to the adequate level, the country still is importing wheat and floor from the two neighboring countries. Many factors such as climate, conditions, weather, outdated technique technology, finance lack are influencing to this issue. Therefore the research thesis aims to determine the risky situations facing to agriculture production especially farming production, to estimate the risk vale and risk probability, to identify how this risk is influencing to benefit and efficiency, to make analysis using the probability, statistic and econometrics methods on the basis of statistics data and actual information, and to report the outcomes. Identifying the risks which might face to grain manufacturing, and determining and management methodology and the ways protecting against the risk facing, thus it would be effective for entrepreneurs and to make stable their business operation and increase the benefit from the production. It is recommended to develop the proposal and issues to pay particular attention by the business entities, branch authorities and ministries nationwide.
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