Minimization of Risks of the Enterprise Foreign Economic Activity through Improving the Interaction Management Quality with Potential Partners
Ескіз недоступний
Дата
2020-08
Назва журналу
Номер ISSN
Назва тому
Видавець
QUAL ITY Access to Success Vol. 21, №. 174. February 2020. pp. St. 61-67. URL: https://www.proquest.com/openview/9db6e37de32e335d253ed6038df79ee5/1?pq-origsite=gscholar&cbl=1046413
Анотація
Foreign economic activity is one of the global opportunities for the development of industrial enterprises in most countries of the world. At the same time, enterprise management faces the problem of improving the quality of management processes in this particular area as a result of the growing number of threats and risks that are difficult to predict and which significantly affect the economic security of such entities. Improving the quality of managing interactions with potential foreign partners provides for their weighted selection based on minimizing risks, which necessitates the use of high-quality management tools. The study developed and tested an economic mathematical model for optimizing the interaction of industrial enterprises with potential partners based on risk minimization. This model allows to make high-quality strategic decisions in the field of foreign economic activity while ensuring the development of the enterprise by establishing mutually beneficial relations with foreign partners with a minimum risk level.