Proceedings of the International scientific and practical conference ―Education and Scientific Progress‖ (April 24-26, 2026) / Publisher website: www.naukainfo.com. – Manchester, United Kingdom, 2026. - 218 p.
57 for control and management; a way of adapting to the international environment; a basis for making strategic decisions. Presentation of the main material . Monitoring is a systematic, continuous process of collecting, analyzing and evaluating information about the state and dynamics of a certain object, process or activity in order to control, identify changes and make informed management decisions. In the context of foreign economic entrepreneurship, monitoring allows you to timely identify risks, assess the effectiveness of actions, track results and adapt the strategy to changes in the external environment. Monitoring of foreign economic activity is needed to control the effectiveness of international activity; timely identify problems and risks; make management decisions; plan for entering new markets. The main monitoring methods include: economic analysis (horizontal, vertical, trend); comparative analysis (benchmarking); financial modeling; factor analysis; expert assessments. An effective system for monitoring foreign economic activity is based on the following principles of assessing effective management: 1. Systematicity: the assessment takes into account all components of foreign economic activity: export, import, finance, logistics, partnerships and the external environment. 2. Complexity: financial (profit, foreign exchange earnings), economic (profitability), risk and qualitative indicators are used. 3. Objectivity: the assessment is based on official statistics, accounting and customs reporting, international data. 4. International comparability: indicators should allow comparison with foreign companies and markets. 5. Resource efficiency: the ratio of foreign exchange income received to the costs of foreign economic activity (logistics, duties, marketing) is analyzed. 6. Risk-oriented: currency, political, customs and logistical risks that affect the results of activities are taken into account.
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