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Management of foreign economic activity and impact on economic security

Annotation

Foreign Economic Activity Management (FEA) is the process of planning, organizing, coordinating and controlling foreign economic operations carried out by government agencies, private organizations and individuals. It is aimed at expanding the market for goods or raw materials by selling them abroad or purchasing goods, raw materials and equipment abroad. The management of foreign economic activity includes various types of activities such as export, import, industrial cooperation, currency and financial and credit transactions, investment cooperation and other forms of interaction with foreign partners. As practice shows, in countries with a high level of industrial development, it is often noticed that the export of finished goods occupies a significant part of their foreign trade turnover, which indicates a higher level of their industrialization.It is worth noting that the management of foreign economic activity and competition management are closely interrelated and include processes related to the purchase and sale of goods, the formation of an assortment, the study of demand and the search for customers. Competition management is aimed at ensuring the competitiveness of the enterprise in the foreign market and the fight against monopolies and administrative barriers. Thus, effective management and development of foreign economic activity in the context of sanctions pressure on the Russian economy is a key task of the state.

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