Factors of influence on organizational provision for external activity of industrial enterprise

Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 5, Issue

Abstract

Introduction. In the conditions of globalization of the world economy and international economic relations the role of foreign economic activity for the whole economy of the country as a whole and for the enterprise in particular is increased. In the conditions of gradual expansion of the openness of the Ukrainian economy and its approach to world standards, due to globalization trends, key changes taking place in enterprises are determined by external economic factors. To date, the internationalization of world economic relations, the development of specialization and cooperation require profound changes in the organization of the provision of foreign economic activity of the enterprise. Purpose. The purpose of the work is to study the theoretical foundations of organizational support of foreign economic activity (FEA) of the enterprise. Results. The main external and internal factors influencing organizational support of foreign economic activity of the enterprise are determined. The ways of the company's exit into foreign markets are investigated and their advantages and disadvantages are determined. Studies have shown that the main negative features of foreign economic activity of domestic enterprises is that in the process of their implementation, they do not try to seek and use new reserves for improving the efficiency of foreign economic activity or use them inefficiently. Conclusion. It was investigated that the ability of an enterprise to ensure existence in a dynamic environment depends to a large extent on the effectiveness of the organizational support of the foreign economic activity of the enterprise, which is a peculiar basis, the basis of the organization of processes related to the foreign economic activity of the enterprise. The prospect of further research is the development of the mechanism of organizational support for the foreign economic activity of the enterprise, which will enable the company to comprehensively approach the solution to the problem of entry into foreign markets. The proposed directions of improvement of organizational support of foreign economic activity of the enterprise will allow to increase its efficiency.

Authors and Affiliations

Vlasta Serhiivna Shvahireva, Yelyzaveta Vasylivna Sapozhnikova

Keywords

Related Articles

Labour productivity as a factor of competitiveness

The dynamics of labor productivity is associated with the competitiveness of the economy. In this regard, understanding the causes of the country's backwardness in labor productivity from the leading countries is a prere...

Regarding the comprehensive assessment of the results of economic activities of industrial enterprises and industrial associations of the country

The science and practical article proves that the separation section integrated assessment of the results of industrial and economic activity is one of the most important directions of improvement of theoretical and meth...

The key features qualitative alteration of accounting

In the scientific article it is determined that one of the most important organizational influences of electronic digital machines on accounting is the process of centralization and decentralization of the implementation...

Modern approach to the management of operations tolling raw materials in foreign economic activity

The article is devoted to the formation of the main aspects of the use of modern control systems and operations management mechanism of tolling on conditions of International Business. The article substantiates the need...

Factor of economic diagnostics integration on different levels of a strategic production management

In a scientific article, the definition of the factor of the influence of integrated (integrated) economic diagnostics, which is carried out at different levels of the modern production management system, has become very...

Download PDF file
  • EP ID EP671314
  • DOI -
  • Views 69
  • Downloads 0

How To Cite

Vlasta Serhiivna Shvahireva, Yelyzaveta Vasylivna Sapozhnikova (2019). Factors of influence on organizational provision for external activity of industrial enterprise. Економіка. Фінанси. Право, 5(), 20-23. https://europub.co.uk./articles/-A-671314