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The main objective of this paper is to explain the measures of risk which a manager can use when making decisions about the most optimal results and long-term objectives of the business enterprise. Efficiency of business operations is ability to achieve results and business goals. Achieving results refers to the concept of short-term effectiveness and ability to achieve the objectives of the long-term aspect of effectiveness. A manager who makes decisions on various business enterprises has a very important role in achieving the efficiency of enterprise. Decision-making can be in terms of certainty and uncertainty. In terms of certainty, a manager knows exactly the outcome of the decision and in conditions of uncertainty over possible outcomes. Therefore, it is necessary to use methods for assessing risk in managerial decision-making, which we explained in our paper. Risk is defined as a condition in which there is more than one possible outcome of a decision in which the probability of each possible outcome is known or can be assessed. These measures help managers to assess risk and, based on that, make the most optimal decision for the company.