- •1. (Contents, essence and structure of economic analysis of foreign economic activity of enterprise
- •Task of economic analysis of foreign economic activity of enterprise Structure of analysis of efficiency of foreign trade operations
- •Principle of quantitative comparison of charges and results of activity - envisages comparison of indexes after identical quantitative units.
- •2. Analysis of foreign trade turnover of enterprise
- •Stage 2. Analysis of degree of implementation of obligations an enterprise is after contracts with foreign partners
- •Analysis of efficiency of external economic operations
- •Analysis of rationality of the use of money is during realization of foreign economic activity
- •Theme 8. Organization of fea
- •Importance of organization of fea
- •Types of organizational structure of man of fea
- •Merits of Line and Staff Organization
- •Demerits of Line and Staff Organization
- •Functional organizational structure
- •Merits of Functional Organization
- •Demerits of Functional Organization
- •3. Special features of departments of foreign economic activity in international companies.
- •Scope and content of basic functions of managers of fea
- •1.Essence and content of forecasting of fea.
- •2.Types of foreign economic forecasts.
- •1.Time-series methods used historical data to develop forecasts of the future.
- •3. Methods and means of forecasting
- •Topic 10 Planning of foreign economic activity
- •Place and role of planning in the process of management of foreign economic activity.
- •Characteristic of operational and strategical planning of fea.
- •3.Advantages and disadvantages of planning Advantages:
- •Disadvantages of planning
- •Internal Limitations Rigidity
- •1. Role of control in the process of management of foreign economic activity
- •2.Diagnostics as a function of management of foreign economic activity.
- •3. The role of regulation in securing of qualified management of foreign economic activity
- •Importance of regulation
- •1.Contents, essence and structure of economic analysis of foreign economic activity of enterprise.
- •2.Analysis of foreign trade turnover of enterprise
3.Advantages and disadvantages of planning Advantages:
Planning facilitates management by objectives
-it highlights the purpose for which various activities are to be undertaken.
-it makes objectives more clear and specific.
-planning helps in focusing the attention of employees on objectives or goals of enterprise.
-without planning an organization has no guide.
-planning brings order and rationality into the organization.
Planning minimizes uncertainties
-planning helps in reducing uncertainties of future as it involves anticipation of future events.
-planning helps management to anticipate future and prepare for risks by necessary provisions to meet unexpected turn of events.
- with the help of planning, uncertainties can be forecasted whivh helps in preparing stadbys as a result, uncertainties are minimized to a great extent.
Planning facilitates coordination
-planning revolves around organizational goals.
-all activities are directed towards common goals.
-there is an integrated effort throughout the enterprise in various departments and groups.
-it avoids duplication of efforts.
-it helps in finding out problems of work performance and aims at rectifying the same.
Planning improves employee’s moral
-planning creates an atmosphere of order and discipline in organization.
-employees know in advance what is expected of them and therefore conformity can be achieved easily.
-this encourages employees to show their best and also earn reward for the same.
-planning creates a healthy attitude towards work environment which helps in boosting employees moral and efficiency.
Planning helps in achieving economies
-effective planning secures economy since it leads to orderly allocation of resources to various operations.
-it also facilitates optimum utilization of resources which brings economy in operations.
-it also avoids wastage of resources b selecting most appropriate use that will contribute to the objective of enterprise.
Planning facilitates controlling
-planning facilitates existence of certain planned goals and standard of performance.
- it provides basis of controlling.
-planning provides predetermined goals against which actual performance is compared.
Planning provides competitive edge
-planning provides competitive edge to the enterprise over the others which do not have effective planning.
-planning leads to best utilization of production and thus the competitive strength of the enterprise is improved.
Planning encourages innovations
-planning is basically a decision making function which involves creative thinking and imagination that ultimately leads to innovation of method and operations for growth and prosperity of the enterprise.
-in the process of planning, managers have the opportunities of suggesting ways and means of improving performance.