Building a System of Mechanisms for Implementing Tasks of Strategic Development of the Company in the Field of Foreign Economic Activity

Journal Title: Бізнес Інформ - Year 2014, Vol 7, Issue 0

Abstract

The article also focused on the problem of effective strategic management. The system of mechanisms for the implementation of enterprise development strategies in the system of foreign economic activity (FEA) to identify the sources of competitive advantage and improve the position of the enterprise in the markets as a result of their rational use. The system mechanisms of implementation of the strategy highlighted the economic, organizational and motivational mechanisms. Interaction mechanisms characterized in the article should be in compliance with the principles of adaptability, flexibility, with a mandatory element of rationality, which is a prerequisite for timely and effective response to environmental changes. The author shows that changes in the characteristics of any element of the functional structure or their combination should be properly taken into account in the strategic development of mechanisms, since any changes are a source of new opportunities and risks. Therefore, the considered system of mechanisms for implementing enterprise strategies will identify sources of competitive advantage and improve the position of the enterprise in the market due to the rational use of such sources.

Authors and Affiliations

Lina Shymanska

Keywords

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  • EP ID EP147679
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How To Cite

Lina Shymanska (2014). Building a System of Mechanisms for Implementing Tasks of Strategic Development of the Company in the Field of Foreign Economic Activity. Бізнес Інформ, 7(0), 365-369. https://europub.co.uk/articles/-A-147679