A Theoretical Substantiation of Features of Formation and Development of Management of Foreign Economic Activity of the Enterprise

The article is aimed at theoretical substantiation of features of formation and development of management of foreign economic activity of enterprise. With the help of research of scientific works of contemporary scientists, the causes and advantages of the development of foreign economic activity, the main rules and principles of its implementation at the enterprise generally accepted by the legislation of Ukraine and society, were systematized. Further, the most important methods and measures for the formation of sustainable and effective development are defined. Successful implementation of foreign economic activity involves research and passing through the stages presented in the article. Enterprises that are not familiar with the basic principles of management often face the problem of organizing the management of foreign economic activity, because the presence of a quality product does not guarantee success in the international market. Of great importance is management that uses modern technologies and provides the ability to adapt to any conditions in order to achieve the best result. It is noted that it is important to select a qualified and experienced manager who is capable of constant improvement and of using the latest methods and technologies for the successful activities. Prospects for further research in this direction are the search for new management methods that help to adapt the enterprise to modern changes in the international market and strengthen competitiveness. Further development of foreign economic activity management opens up many opportunities and prospects and is a factor in supporting the economy of Ukraine.