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

2020 ◽  
pp. 21-24
Author(s):  
Anna KUDAR ◽  
Kseniia KOVTUNENKO

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.

2021 ◽  
Vol 49 (2) ◽  
pp. 113-121
Author(s):  
Malakhova Y ◽  
◽  
Povshedniy I ◽  

The article is devoted to the study of the advantages that give the subjects of foreign economic activity the status of an authorized economic operator and its impact on the level of international competitiveness of the enterprise. Object of research is international competitiveness of the enterprise. The purpose of the work is to study the prospects of obtaining the status of AEO by the subjects of foreign economic activity in the conditions of intensification of foreign economic activity, which will provide them with competitive advantages in international markets. Method of research is methods of synthesis and analysis. The international competitiveness of the enterprise is determined by the set of its competitive advantages in the foreign market. It is established that one of the potential advantages for domestic enterprises engaged in foreign economic activity is to obtain the status of an authorized economic operator. The types of authorization depending on the place of the enterprise in the international supply chain are considered. A three-layer system of providing simplifications to economic operators in the EU is presented. The benefits of obtaining this status for exporters and importers are identified. The results of this article can be used, for example, by enterprises engaged in foreign economic activity to ensure competitive advantages over other companies. Forecast assumptions about the object of study - increasing the level of international competitiveness of enterprises by obtaining the status of an authorized economic operator. KEY WORDS: INTERNATIONAL COMPETITIVENESS, COMPETITIVE ADVANTAGES, AUTHORIZED ECONOMIC OPERATOR, FOREIGN ECONOMIC ACTIVITY, ENTERPRISE, CUSTOMS.


2017 ◽  
Vol 33 (59) ◽  
pp. 2-19
Author(s):  
Fernando Robles ◽  
Kety Lourdes Jauregui

Nowadays a progressively more dynamic and global economic environment causes a higher number of enterprises to pick an entry strategy to become international. The choice of a strategy of entry into foreign markets constitutes one of the most relevant decisions for a company, for it impacts on its performance and means it being ready to cooperate, to a greater or lesser extent, with global supply chains. The present article identifies the determining factors of the strategies of entry into international markets as implemented by Peruvian businessmen, which impact on the integration level into an international market. The companies that participated in this exploratory study have growing exportation levels within the non-traditional sector. The results allow to appreciate exporters employing entry strategies with low levels of integration, and predominantly prefer low-risk markets and high resemblance to the Peruvian market, with regards to cultural affinity and business behavior.


Author(s):  
A. E. Gorokhova

The article is devoted to the analysis of foreign experience in managing the foreign economic activity of small and medium-sized enterprises. The author draws attention to how it is possible to use foreign best practices in managing a company entering foreign markets. It is determined that internationalization can be used as an opportunity to diversify the sources of income for export–oriented companies. Some approaches to expanding the international participation of SMEs are considered: the traditional approach; the approach of «companies born of globalization»; the concept of «revived by globalization»; an approach to participation in global value chains.


Author(s):  
Steven R. Powell

Companies can benefit from diversifying internationally. This paper analyzes the internationalization efforts of six major European wireless telecommunications service providers: Telefonica, Deutsche Telekom, France Telecom, Vodafone, Telenor and TeliaSonera. Although all six companies have invested heavily in foreign markets, their internationalization paths have not been the same, resulting in foreign market portfolios with different characteristics. Utilizing a proportionate customer weighting scheme based on the number of subscribers controlled by a company in each market, the paper examines how the companies compared in 2007 versus 2002 in their extent and scope of internationalization and in the attractiveness of their foreign market portfolios with respect to some key growth, profitability, and risk market characteristics.


Author(s):  
Steven R. Powell

Companies can benefit from diversifying internationally. This article analyzes the internationalization efforts of six major European wireless telecommunications service providers: Telefonica, Deutsche Telekom, France Telecom, Vodafone, Telenor and TeliaSonera. Although all six companies have invested heavily in foreign markets, their internationalization paths have not been the same, resulting in foreign market portfolios with different characteristics. Utilizing a proportionate customer weighting scheme based on the number of subscribers controlled by a company in each market, the article examines how the companies compared in 2007 versus 2002 in their extent and scope of internationalization and in the attractiveness of their foreign market portfolios with respect to some key growth, profitability, and risk market characteristics.


2021 ◽  
Vol 83 (4) ◽  
pp. 44-51
Author(s):  
B. Gussenov ◽  

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.


2018 ◽  
Vol 27 (3) ◽  
pp. 285-303 ◽  
Author(s):  
Natalia Vila-Lopez ◽  
Graham White

PurposeTo have success in newly liberalized markets, firms must have a plan of action before resources are committed. What some companies do not realize is that their own entrepreneurial orientation (EO) will dictate their strategies, and performance outcomes, in both their home market and abroad. In order to maximize firm performance in newly liberalized markets (such as Cuba), firms must be able to objectively gauge their own EO. The paper aims to discuss these issues.Design/methodology/approachWithin this framework, the present paper will attempt to effectively measure the EO of decision-making managers from US companies that have an interest in entering the Cuban market. A final sample of 81 US managers accepted to collaborate. They were then split into two groups (high and low EO; with 41 and 35 managers in each group, respectively) and compared regarding three variables: entry mode strategy, government affiliation strategy, and performance outcomes.FindingsThe results show that EO is related with performance, but not with the two proposed variables of entry mode and government affiliation.Originality/valueIn sum, the added value of the paper is to link US managers’ strategies and performance in a newly liberalized market which has been seldom studied: Cuba. The fields of entry mode strategies and government affiliation decisions in this newly liberalized market remain poorly investigated. Not all firms managed by highly entrepreneurial-orientated managers will decide to enter foreign markets and, on the contrary, domestic firms which are not interested in international markets can be run by highly entrepreneurial managers. This is due, in part, to the fact that internationalization can be driven by other factors. Therefore, this paper will attempt to demonstrate if certain entry modes will perform better than others when the foreign market is a newly liberalized economy. Additionally, the importance, and effect, of governmental relationships on performance outcomes will be tested within the research.


Author(s):  
Steven R. Powell

Companies can benefit from diversifying internationally. This article analyzes the internationalization efforts of six major European wireless telecommunications service providers: Telefonica, Deutsche Telekom, France Telecom, Vodafone, Telenor and TeliaSonera. Although all six companies have invested heavily in foreign markets, their internationalization paths have not been the same, resulting in foreign market portfolios with different characteristics. Utilizing a proportionate customer weighting scheme based on the number of subscribers controlled by a company in each market, the article examines how the companies compared in 2007 versus 2002 in their extent and scope of internationalization and in the attractiveness of their foreign market portfolios with respect to some key growth, profitability, and risk market characteristics.


2021 ◽  
Author(s):  
Yuliia Fedotova

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.


2014 ◽  
Vol 5 (3) ◽  
pp. 127-152
Author(s):  
Remigiusz Lewandowski

The paper presents the role of PWPW, as a company with some attributes of a natural monopoly, in contemporary Polish economy. It shows that commercial companies – performing special tasks which are necessary for the functioning of state and which concern identification as well as transactional security and at the same time take advantages of the economy of scale and range as a condition of their presence and development – have a logically justified place in the economy. They are a source of benefits for shareholders in the form of taxes, dividends and other economic benefits, as well as the value of the company itself. Moreover, they are creators of domestic employment and they enrich the national potential of technology. Also, such firms provide a right level of identification and transactional security, which influences the stability and reliability of legal and economic relations. The necessary conditions in order to realize the benefits coming from owning a company such as PWPW by the state are the company’s business continuity, the stability of its domain of action and the financial stability. These conditions can be fulfilled through a certain partnership between the state and PWPW in the form of a legal monopoly or lasting and stable commercial contracts.


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