scholarly journals ANALYSIS OF THE EFFICIENCY OF EXPORT ACTIVITY OF THE COMPANY

2021 ◽  
Author(s):  
Yuliia Fedotova
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Financial Analysis ◽  
Foreign Market ◽  
Design Stage ◽  
Preliminary Review ◽  
Foreign Markets ◽  
Export Activity ◽  
Economic Entity ◽  
Market Competitiveness

The concepts of “summary”, “result”, “effect”, “effectiveness and efficiency” are de-grouped. In general, «effectiveness» is a relative indicator characterizing the degree of achievement by the economic entity of the goal in one or more areas and all its economic activity at a certain point in time, that is, it is a cumulative result of the activities of the business entity. While “efficiency” is a relative indicator that characterizes the positive dynamics of the development of a business entity at a certain point in time and is equal to the relative of the result or effect to the costs that caused its receipt. The criteria of efficiency of functioning of the enterprise are considered, namely: effectiveness, introduction of innovations, efficiency, quality of working conditions, product quality. It is noted that the improvement of the efficiency of foreign trade operations is associated with the effectiveness of the use of the company’s assets, its funds, the implementation of investment processes, the achievement of high-quality products, etc. It was emphasized that the smaller the domestic market for the products of this enterprise, the more important it becomes to enter foreign markets. The effectiveness of foreign trade operations depends on the stage of their planning and preliminary preparation for implementation and is evaluated through financial analysis. The following algorithm for assessing the effectiveness of foreign economic activity of the enterprise is presented: preparatory stage; design stage; analytical stage. To evaluate the export activity of the enterprise, it is proposed to use the following indicators: export growth rate, share of sales costs on foreign markets in total sales costs, share of profit from export sales in the total volume of profit from exporter’s sale, profitability of exported products, profitability of sales on the foreign market, competitiveness of products on the foreign market. For the analysis of the export activity of the enterprise in the literature, the following approach is proposed: a preliminary review of general indicators; analysis of the contract portfolio for export deliveries; analysis of the volume of sales of products for export; analysis of capital use in the implementation of export activities; effectiveness of export activities.

scholarly journals Statistical Estimation of Export-Import of Goods by the Subjects of Foreign Economic Activity of Dnipropetrovsk Region by the Number of Employees in 2015–2018

2019 ◽  
pp. 188-196
Author(s):  
Oxana Yelisyeyeva
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Statistical Estimation ◽  
Specific Area ◽  
Foreign Market ◽  
General Situation ◽  
Main Partner ◽  
Economic Entity ◽  
Further Development

Studying the volume of export-import of goods in Ukraine as a whole helps to understand the general situation on the foreign market, to analyze changes in the dynamics of geographical and commodity structures of trade, to identify the main partner countries and to compare data between them, and to identify the role of the regions of Ukraine in foreign trade and determine the share of each of them in the overall structure of export-import of goods. However, in order to study in detail the directions of exports and the needs of imported goods to meet the domestic needs of the population of Ukraine, it is advisable to analyze foreign trade of region, as it will allow to more accurately analyze the number of producers of exported products in a certain region and the list of goods that need to be imported to meet the needs of the population in the specific area. The article deals with the issues related to the activity of the subjects of foreign economic activity in Dnipropetrovsk region of Ukraine and their dynamics for 2015-2018. The number of foreign economic operators in the region by the number of employees in 2018 was determined to further analyze the situation of the region and the level of production of products that meet the standards for exporting them to the foreign market. Changes in the number of economic entities in the region over the specified period and the main product groups manufactured in the region and, accordingly, exported to Dnipropetrovsk region have been analyzed. The structure of participants of foreign economic activity in the region has been presented and the results of statistical analysis of dynamic changes have been offered with the help of the graphical method of data presentation. The results of the study can be applied in the analysis of socio-economic development of regions and regional development of Ukraine as a whole. The presented data on foreign trade statistics of goods by economic entities by the number of employees in the regional section make it possible to estimate the participation of certain regions in the international activity of Ukraine and to determine the prospects for further development of the regions of Ukraine. Keywords: foreign economic activity, goods, regions, Dnipropetrovsk region, economic entity, employees, export, import, size of enterprise.

Improvement of foreign economic activity of «Planet of equipment» LLC

2019 ◽  
pp. 91-100
Author(s):  
Віталій Іванович Сичевський ◽  
Віталія Вячеславівна Скриль
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Present Stage ◽  
Foreign Markets

At the present stage many Ukrainian enterprises are actively involved in foreign trade, which is important. However, the lack of experience or inexperience of domestic enterprises in foreign markets requires a lot of efforts to implement it. The article considers consumer foreign economic activity of enterprises, elaborates the main preconditions and general recommendations for improvement of foreign economic activity of enterprises.

scholarly journals PROSPECTS FOR THE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY OF THE ENTERPRISES OF AGRARIAN AND INDUSTRIAL COMPLEX

2020 ◽  
pp. 146-159
Author(s):  
Antonina BROYAKA
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Raw Materials ◽  
Price Volatility ◽  
Global Market ◽  
Positive Trend ◽  
Industrial Complex ◽  
Foreign Markets ◽  
Agricultural Producers ◽  
Safety Standards

The article examines the essence of foreign economic activity of enterprises, the features and prospects of its implementation in the field of agrarian and industrial complex. Based on the conducted analysis, it is proved that agrarian export of Ukraine plays a significant role in the formation of the budget and GDP of the country, since its share in 2018 was 14.2% of GDP and 33.4% of the total national exports of goods. The dynamics of export-import operations of the agrarian sector is explored and it is found that it demonstrates a positive trend in contrast to the general foreign trade balance of Ukraine. The analysis of the agrarian exports structure in 2010-2019 confirms the growth of the share of the majority of agrarian products types sold abroad. However, Ukrainian exports are mainly oriented towards raw materials, which, among other reasons, is associated with technological backwardness and the limited ability of domestic agricultural producers to purchase modern equipment and technologies due to theirs low solvency. The commodity orientation of Ukrainian exports makes the competitive position of Ukraine in foreign markets vulnerable, since the demand for commodities is unstable and is characterized by significant price volatility. The geographical structure of foreign trade in agrarian products and the possibilities of its further diversification are investigated. The majority of Ukrainian products in Europe are purchased in Poland, Italy and Germany. Significant connoisseurs of Ukrainian products are also Turkey, China, India, Egypt. Ukrainian exports should be expanded to Asian and Eastern countries. The key problems that put the brakes on the development of the foreign economic activity of the enterprises of agrarian and industrial complex and hinder the competitiveness increase of domestic agrarian products in the international market are identified. A number of measures are proposed to promote the further development of the foreign economic activity of the enterprises of agrarian and industrial complex, including the development of appropriate strategies taking into account global market trends, harmonization and compliance with the quality and safety standards of agrarian products, improving the innovative component, strengthening state support (including financial) of the export-oriented agrarian enterprises, improving the investment climate, and more.

GLOBALIZATION AS A FACTOR OF IMPROVING KAZAKHSTAN'S FOREIGN ECONOMIC ACTIVITY

2021 ◽  
Vol 83 (4) ◽  
pp. 44-51
Author(s):  
B. Gussenov ◽  
Keyword(s):  
Developing Countries ◽  
Host Country ◽  
Economic Activity ◽  
Growth And Development ◽  
Foreign Market ◽  
Domestic Market ◽  
Foreign Markets ◽  
Management Knowledge ◽  
Special Place

Currently, the importance of foreign economic activity for the enterprise cannot be underestimated. Kazakhstani enterprises cannot consider the foreign market only as another sales market, because there are qualitative differences in the development and condition of domestic and foreign markets, characteristic of all developing countries. When the domestic market lags behind in its development (including the level of products) and infrastructure from foreign markets, foreign economic activity can have the greatest impact on the growth and development of the enterprise. For effective foreign economic activity, an enterprise must have high levels of management, knowledge and competencies of personnel, the quality of resources used, etc. Moreover, it becomes possible and necessary to manage the level of these characteristics, and, consequently, the efficiency of foreign economic activity and the efficiency of the enterprise's development through the choice of the host country. Thus, foreign economic activity occupies a special place in the production and economic activity of any enterprise.

scholarly journals Development of system-methodological bases to increase the efficiency of foreign economic activities of industrial enterprises

2021 ◽  
Vol 29 (1) ◽  
pp. 6-18
Author(s):  
Vyacheslav V. Bataev
Keyword(s):  
Foreign Trade ◽  
Hierarchical Structure ◽  
Russian Federation ◽  
Economic Activity ◽  
System Analysis ◽  
Foreign Market ◽  
Industrial Enterprise ◽  
Production Costs ◽  
Industrial Enterprises ◽  
The Russian Federation

The paper proposes a methodology for analyzing the system of interaction between an industrial enterprise and customs authorities in the process of carrying out foreign trade activities based on the classification and assessment of the system elements functions for performing customs operations and customs control. Foreign economic activity, which is a set of functions of organizations focused on the foreign market in terms of the chosen foreign economic strategy, as well as the forms and methods of work in foreign markets is considered as one of the key factors in the efficiency of an industrial enterprise. Analysis of the foreign economic activity of an industrial enterprise using the developed methodology will make it possible to determine the optimal and cost-effective options for performing customs operations related to the declaration and release of goods in accordance with the declared customs procedure. The focus on large participants of foreign economic activity, which are industrial enterprises, will allow using the results of the study to reduce non-production costs associated with the implementation of foreign trade activities by these enterprises. We have chosen an enterprise of the metallurgical industry that carries out foreign economic activity in cooperation with the customs authorities of the Russian Federation as the object of the system analysis in this research. At the same time the object of analysis is considered as a unified system that has the main system properties: integrity and divisibility, the presence of significant stable links between the elements of the system, the organization and the hierarchical structure of the system, integrative qualities. The object of the research is a complex-structured system of interactions between industrial enterprises that are participants of foreign economic activity and the customs authorities of the Russian Federation. The schemes of interactions of all elements of the four-level hierarchical structure of the analyzed system are illustrated.

scholarly journals Adaptation of the production enterprise personnel in the foreign economic activity conditions

2020 ◽  
pp. 21-24
Author(s):  
Anna KUDAR ◽  
Kseniia KOVTUNENKO
Keyword(s):  
Personnel Management ◽  
Economic Activity ◽  
Foreign Market ◽  
International Markets ◽  
Economic Benefits ◽  
Highly Qualified ◽  
Foreign Markets ◽  
Main Thing ◽  
The Stability ◽  
A Company

Introduction. The basis for foreign economic activity of the enterprise - is the possibility of obtaining economic benefits, based on the benefits of the international division of labor and business relations. Nowadays, the production and sale of a particular product or service has more advantages when it is done for sale in another country than in the middle of the country. The purpose of this paper is to study the aspects of personnel management of a production enterprise in terms of adaptation of foreign economic activity, namely the training of employees of the enterprise. Result. In modern market conditions, the most important tool to ensure the stability of the enterprise and increase its competitiveness not only in the domestic market but also in the foreign market - is the professional development of staff in accordance with current and future requirements of the external and internal environment. It is very important for a company that is just beginning to enter international markets to have highly qualified employees. Personnel management is a complex and integral component of business management. Difficult because people are different in nature from other resources and require special approaches and management methods. The main thing in personnel management is that a person (employee) is a source of income. Conclusion. In the conditions of globalization, there is a need of the enterprise to enter the international markets and to work in the conditions of foreign economic activity. This allows the company to make more profit, gain access to the latest technologies, purchase cheaper and unique resources for production in foreign markets, and so on. The personnel management system at the production enterprise must be flexible, able to change the content, methods and organizational forms in accordance with the needs of the enterprise and the situation in terms of foreign economic activity.

scholarly journals Statistical Analysis of Trends of Foreign Economic Activity of Ukraine: ICT Sector

2018 ◽  
Keyword(s):  
Statistical Analysis ◽  
Foreign Trade ◽  
Economic Activity ◽  
Visual Analysis ◽  
Foreign Market ◽  
Developed Countries ◽  
Annual Data ◽  
Coding System ◽  
Goods And Services ◽  
Data Elements

The article is devoted to the statistical analysis of the trends of foreign economic activity of Ukraine, in particular, the ICT sector. The study identifies and analyzes the most complete and reliable source of world trade statistics – the database of UN Comtrade Database, on the basis of which the foreign trade of the most developed countries of the world and Ukraine in the groups of products and services of the ICT sector is investigated. According to the results of the study, the main changes of the data elements and functions of the UN Comtrade Database have been identified and described. The analysis of the state of the information society was started from the formation of the information base of the Ukrainian trade in services of the ICT services on the basis of Extended Balance of Payments Services (EBOPS), which are related to the specified sector. The collected data analyzed the trade balance of Ukraine in the main types of ICT services exported from Ukraine and imported into Ukraine, as well as the dynamics of export and import of ICT services in Ukraine for 2000-2017, and the corresponding diagrams for visual analysis were constructed. Using the UN Comtrade Database, the annual data on the cost of foreign trade in goods of ICT in Ukraine in 2010-2017 by the codes of the HS 2012 Harmonized Goods Description and Coding System and EBIT 2002 services by ICT were obtained and analyzed. According to the results of the survey, it was found that during the entire period under investigation the trend of increasing the volumes of both export and import of ICT products was noted, although in both cases this tendency was not stable. The negative factors influencing on the development of foreign trade in goods and services of ICT were: unfavorable conditions of external risks for domestic producers, insufficient level of competitiveness of their products, low activity of regions in the foreign market, imperfection of the commodity structure of expo rts and imports. In further research for the main components of export and import of ICT products, it is expedient to analyze monthly information and build appropriate forecasts.

scholarly journals STRATEGIC ASPECTS OF THE MANAGEMENT OF FOREIGN AND ECONOMIC ACTIVITY OF THE ENTERPRISE

2018 ◽  
pp. 162-169
Author(s):  
Viktor Hanin ◽  
Svitlana Borokh
Keyword(s):  
Economic Activity ◽  
Foreign Market ◽  
Practical Significance ◽  
Economic Relations ◽  
Managerial Decisions ◽  
Economic Entity ◽  
International Economic Relations ◽  
Activity Management ◽  
Effective System ◽  
Activity Strategy

Introduction. The role and importance of foreign economic activity on both the macro and microeconomic levels is increasing in the conditions of globalization of the world economy and international economic relations. The problem of creation of an effective system of management of foreign economic activity in the enterprise becomes especially actual nowadays. Purpose. The article aims to study the theoretical aspects of effective directions of enterprise functioning on the foreign markets. These aspects should be based on the development and implementation of the foreign economic activity strategy. It will allow the company to survive in the long-term competition. Results. The article deals with the basic concepts of foreign economic activity management, the essence and process of its organization in the enterprise. The essence of the foreign economic activity strategy in the economic sphere of activity has been considered. The necessity of its development at the enterprises has been proved. It has been concluded that the success of the enterprise increasingly depends on the rationally organized foreign economic activity vector. Therefore, today an extremely important role belongs to the improvement of the organizational structure of enterprise activity management in order to increase the efficiency of the economic entity in the foreign market and the ability to react quickly and adapt to changes in the external environment. The practical significance of conclusions of the research is that they can be used in making managerial decisions and developing measures to improve the efficiency of foreign economic activity in the enterprise.

PLANNING OF FOREIGN ECONOMIC ACTIVITY AS A FACTOR OF INCREASING THE COMPETITIVENESS OF THE ENTERPRISE IN THE WORLD MARKET

2021 ◽  
Vol 296 (4) ◽  
pp. 78-83
Author(s):  
Yurii KRAVCHYK ◽  
Keyword(s):  
Economic Activity ◽  
World Market ◽  
Global Market ◽  
Modern World ◽  
Foreign Markets ◽  
Management Activity ◽  
Fair Competition ◽  
Relevant Today ◽  
Market Competitiveness ◽  
Leading Position

At the present stage of market relations, competition plays an extremely important role not only as a major factor in the development of individual enterprises, but also entire countries. The rapid processes of globalization make it possible to expand markets, but not every company can compete with other firms in foreign markets. The article examines the concepts of “competition” and “competitiveness of the enterprise” in foreign markets. Since today in the modern world competition is the driving force of any economy, without it the existence and development of the economy in general is impossible. The success of any business depends on the ability to compete in the market of goods or services. In the period of globalization and integration in the international space, the formation of a rational sequence of planning such activities is becoming increasingly important for enterprises engaged in foreign economic activity. This type of management activity contributes to obtaining additional profits through the use of the benefits of international labor and international integration, as well as identifying prospects and possible options for the development of foreign economic activity of organizations. That is why the technology of foreign economic activity planning is becoming especially relevant today. The article considers the factors influencing the planning of foreign economic activity of the enterprise, investigates the theoretical foundations of planning, suggests ways to improve the planning of foreign economic activity of the enterprise to increase competitiveness. The company’s success in the domestic or global market is its competitiveness, and as a result there is stability in the market. Competitiveness is the ability of an enterprise to conduct a fair competition in the chosen market, using all its resources productively, and as a result to make a profit. If the company occupies a leading position in the competitive market, then its product is in demand from consumers and has some advantages over the products of competitors. Managing the competitiveness of the enterprise is partly a function of general management, the purpose of which is to ensure the viability and sustainable operation of the enterprise in the event of any changes in the external environment. International competitiveness is the achievement by an enterprise of competitive advantages in competition on the international market. The study of competitiveness revealed its factors that influence the planning of imports. Internal factors depend on the nature of the enterprise, while external – on the state of the environment. Thus, successful foreign economic activity is determined by the optimal organizational structure of the department of foreign economic activity, coordination of all departments and specialists who provide export-import operations of the enterprise.

scholarly journals Financial and Analytical Tools for Sustainable Business Development in Mining Region

2021 ◽  
Vol 278 ◽  
pp. 03017
Author(s):  
Olga Seklecova ◽  
Oxana Komarcheva ◽  
Olga Karpova
Keyword(s):  
Sustainable Development ◽  
Economic Activity ◽  
Financial Analysis ◽  
Business Development ◽  
Business Unit ◽  
Sustainable Business ◽  
Economic Entity ◽  
Main Development ◽  
The Stability ◽  
Analytical Tools

The stability of economic entities is the ground for sustainable development of the region. It is customary to group indicators of sustainable development of economic entities in economic, social and environmental terms. The analysis of the economic activity of a typical business unit in an extractive region was carried out based on financial and public non-financial data using the methodology of financial analysis. The authors identified the main development trends and risks of the economic entity.

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