THE IMPORTANCE OF BUSINESS AND ENTREPRENEURSHIP IN UZBEKISTAN AND THE UNIQUE ROLE OF RISK IN IT

With the development of small business and private entrepreneurship, the importance of competition, which is the basis of economic management, is increasing. In order to operate successfully in such conditions, entrepreneurs must know effective management methods, be able to determine the limits of risk, and be able to choose the most optimal of the available options. This is determined by the business ability of the entrepreneur and requires a certain level of knowledge and skills from every entrepreneur. An entrepreneur is one of those people who are ready for high-risk work. He can solve and solve high-risk projects or engage in low-risk businesses.