Formation of a comprehensive assessment system for foreign economic activity by management levels

The article discusses the issues of assessing the foreign economic activity (FEA) of socio-economic systems. The authors highlight the diversity of existing systems for assessing foreign economic activity by levels, directions and indicators and emphasize the importance of the inter-level relationship of such an assessment. The paper substantiates the necessity of performing a comprehensive analysis of the internal capabilities of an enterprise and taking into account global challenges and trends, national characteristics and regional advantages for the effective management of foreign economic activity. The authors have formed a comprehensive evaluation system that includes analysis at the mega-, macro-, meso- and micro-levels. Evaluation of FEA at the mega-level concerns the analysis of economic relations and interaction between groups of countries, regional associations or international organizations. This level of assessment is important for understanding global economic processes, the impact of international economic policy on the world economy and its individual components and identifying current opportunities and challenges. The macro level of assessment is aimed at determining the place of the country’s economy in the world economy and the effectiveness of foreign trade policy. The meso-level details trends at the level of industries and regions and involves assessing the role and importance of individual segments in the country’s overall foreign trade. The micro-level assessment of foreign economic activity entities includes a comprehensive analysis and evaluation of the company’s foreign economic activity, analysis of the fulfillment of obligations under foreign trade contracts, rational use of funds in the company’s foreign economic activity, assessment of the financial condition of partners in foreign economic activity and the export potential of enterprises. For each level, the authors have identified a list of key indicators and analyzed some of them. Keywords: evaluation, analysis, management, foreign economic activity, socio-economic system, enterprise.

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Publication Details

Journal
Ukrainian Journal of Applied Economics and Technology
Published
2025-05-07
DOI
https://doi.org/10.36887/2415-8453-2025-2-24
Primary Topic
Economic Issues in Ukraine
Type
article
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article

Formation of a comprehensive assessment system for foreign economic activity by management levels

Ніла ТЮРІНА, Olha Ostapchuk, Наталія КАРВАЦКА, Andrii Petiak
1 links
Ukrainian Journal of Applied Economics and Technology
Economic Issues in Ukraine
article

Formation of a comprehensive assessment system for foreign economic activity by management levels

Ніла ТЮРІНА, Olha Ostapchuk, Наталія КАРВАЦКА, Andrii Petiak
article en

Abstract

The article discusses the issues of assessing the foreign economic activity (FEA) of socio-economic systems. The authors highlight the diversity of existing systems for assessing foreign economic activity by levels, directions and indicators and emphasize the importance of the inter-level relationship of such an assessment. The paper substantiates the necessity of performing a comprehensive analysis of the internal capabilities of an enterprise and taking into account global challenges and trends, national characteristics and regional advantages for the effective management of foreign economic activity. The authors have formed a comprehensive evaluation system that includes analysis at the mega-, macro-, meso- and micro-levels. Evaluation of FEA at the mega-level concerns the analysis of economic relations and interaction between groups of countries, regional associations or international organizations. This level of assessment is important for understanding global economic processes, the impact of international economic policy on the world economy and its individual components and identifying current opportunities and challenges. The macro level of assessment is aimed at determining the place of the country’s economy in the world economy and the effectiveness of foreign trade policy. The meso-level details trends at the level of industries and regions and involves assessing the role and importance of individual segments in the country’s overall foreign trade. The micro-level assessment of foreign economic activity entities includes a comprehensive analysis and evaluation of the company’s foreign economic activity, analysis of the fulfillment of obligations under foreign trade contracts, rational use of funds in the company’s foreign economic activity, assessment of the financial condition of partners in foreign economic activity and the export potential of enterprises. For each level, the authors have identified a list of key indicators and analyzed some of them. Keywords: evaluation, analysis, management, foreign economic activity, socio-economic system, enterprise.

Ukrainian Journal of Applied Economics and TechnologyVol. 2025(2)
Openalex Percentile: Top 79%
Economic Issues in Ukraine
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