Basic Approaches to Managing the Foreign Economic Activity of an Enterprise
Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.77, No. 3)Publication Date: 2024-09-23
Authors : A. Gatilov;
Page : 149-159
Keywords : foreign economic activity; management; regulation; methods of strategic analysis; economic performance indicators;
Abstract
The article explores theoretical and applied aspects of increasing the efficiency of managing the foreign economic activity (FEA) of enterprises in modern geopolitical conditions. The types and mechanism of state regulation of FEA are disclosed, a model of the organizational and economic mechanism of strategic management of foreign economic activity at the enterprise level is proposed, which includes 8 blocks. Methods of strategic analysis of the enterprise's foreign economic activity are considered and it is proven that the economic justification of decisions made regarding the effective management of the enterprise's foreign economic activity is carried out by calculating economic efficiency indicators.
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