The Method of Selecting Indicators That Characterize the Development of Foreign Economic Activity in Solving Specific Management Problems

Kubiv, Stepan; Fedyuk, Vasyl

doi:10.32840/1814-1161/2020-5-10

Cited by 2 publications

(1 citation statement)

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“…It is determined that the basis of any competitive foreign economic activity of trade enterprises is the successful implementation of import and export operations by trade entities, which depends on the constant assessment of their own capabilities and regular development of measures to increase competitiveness. S. Kubiv and V. Fedyuk [5], L. Mura and V. Gašparíková [6], V. Boiko et al [7] study the enterprises of the agricultural sector, which are forced to constantly maintain the positive dynamics of their foreign economic activity. This becomes the basis for continuous monitoring of market innovations [8] and the search for opportunities to obtain greater economic effects by improving product quality and minimizing the cost of energy used in production, storage and transportation.…”

Section: Features Of a Strategic Approach In Formation Of Marketing Activitiesmentioning

confidence: 99%

Business Analysis and Audit of Foreign Economic Activity of the Enterprise

Назарова¹,

Zaremba

Nezhyva

et al. 2021

EEA

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Based on the substantiation of the necessity of changes in the management system of the enterprise in order to increase Ukraine's level in international economic ratings, a comprehensive model of the transformation of theoretical and methodological principles of accounting, analysis and audit in the management of foreign economic activity was developed. An approach to the formation of the accounting, analysis and audit principles of the enterprise's foreign economic activity, which takes into account the differentiation of decisions made in the system of management of foreign economic activity, it allows using the environment of the business entity to improve the efficiency of the implementation of foreign economic transactions. The basis of the theoretical and methodological principles of audit in the part of the suggested model of the transformation of the accounting system of transactions of foreign economic activity, which consists of tasks, elements of the method and objects of accounting, which form different processes of the types of foreign economic transactions, and provides increasing of the reliability of accounting information support, as it takes into account the influence of the internal and external environment of the enterprise. The methodical principles of the audit of export and import transactions of enterprises in the part of suggestions for improvement of documentary support, formation of the value of imported goods and reflection on the analytical accounting accounts of export-import transactions with goods, which increases the efficiency and reliability of the formation of responses to information requests of the system of management of foreign economic activity, was developed. The directions of improvement of the organizational and methodical provisions of audit for foreign economic activity of enterprises are grounded, taking into account changes in the tendencies of development of foreign economic activity at the micro and macro levels. The peculiarities of application of internal and external methods of management of currency risks in the system of enterprise accounting as an effective management tool were disclosed. It is reflected as the influence of the external environment in the accounting system and forms information support for users who make decisions on planning and development of foreign economic activity of the enterprise. The stages of obtaining foreign investments in accounting were substantiated, which promotes the modification of the methodological support of audit of foreign investments as the basis for the formation and improvement of the investment climate.

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Section: Features Of a Strategic Approach In Formation Of Marketing Activitiesmentioning

confidence: 99%

Business Analysis and Audit of Foreign Economic Activity of the Enterprise

Назарова¹,

Zaremba

Nezhyva

et al. 2021

EEA

View full text Add to dashboard Cite

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Assessing the effectiveness of foreign economic activities management on the basis of target indicators

Melnyk¹,

Peredalo²,

Horoshko³

2021

SMEU

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The concepts of "effect", "efficiency" and "effectiveness" were considered. It is noted that efficiency is a broader concept because it does not take into account the achievement of individual results, in contrast to the concept of "effectiveness". The main key groups of indicators that are most often used in assessing the effectiveness of foreign economic activity management are presented. The main problems related to the evaluation of the effectiveness of foreign economic activity management were listed including lack of a clearly structured system of targets; inefficiency of the formed evaluation model procedure; a narrow range of target indicators for evaluating the effectiveness of foreign economic activity that does not allow a multifaceted assessment of the results of its implementation. Such disadvantages in the management system often lead to problems with the definition of priority areas of foreign economic activity, objective assessment of cost, setting relevant goals, etc. Based on the studies of both scientific sources and practitioners, using methods of comparison, generalization, questionnaires, etc., the stages of evaluating the effectiveness of foreign economic activity management are based on targets, which are combined in three blocks: preparatory, technological and analytical. The principles of evaluating the effectiveness of foreign economic activity management were proposed, such as objectivity, systematization, complexity, constructiveness, continuity. A system of indicators for evaluating the effectiveness of foreign economic activity management was recommended for import-oriented enterprises. And although the above list is known, but their systematic presentation allowed the management of enterprises to select the most appropriate indicators for them, through which they create quality management and effective management decisions for the development of foreign economic activity.

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The Method of Selecting Indicators That Characterize the Development of Foreign Economic Activity in Solving Specific Management Problems

Cited by 2 publications

References 0 publications

Business Analysis and Audit of Foreign Economic Activity of the Enterprise

Business Analysis and Audit of Foreign Economic Activity of the Enterprise

Assessing the effectiveness of foreign economic activities management on the basis of target indicators

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