The classical stage of the formation of economic sociology is the stage of its theoretical preparation, the formation of the initial methodology: the principles of analyzing real processes from the point of view of the relationship between the economy and society, the development of categories necessary to describe and explain these relationships. This stage (the […]
Tag: Functions
Scorecard used in planning and forecasting
The basis for the development of planning, program and forecast documents are indicators that allow to comprehensively describe social and economic processes and phenomena, to form, present and justify the tasks of the plan, program, forecast for the projected period. An indicator is a qualitative and quantitative representation of an object: a socio-economic process, a […]
Structure of the national economy and its types
The word structure (Latin structura) means structure, location, order. The structure of the national economy is a stable quantitative and qualitative relationship between its various components. Since the national economy is a complex organism, several types of structures can be distinguished in it. The reproductive structure of the national economy is determined by the fact […]
Free competition in the theory of A. Smith
Adam Smith in his book “Studies on the Nature and Causes of the Wealth of Nations” (1776), in contrast to the mercantilists, advocated freedom of competition within the country and in the world market, sharing the principle of “laisser-faire” put forward by the French economic school of physiocrats – non-interference of the state in the […]
Management of foreign economic activity
A firm or organization can manage its foreign economic activity using six main management functions: 1. Planning – drawing up short-, medium-term and long-term plans for the development of foreign economic activity, as well as developing business plans for new foreign economic projects 2. Organization – creation (formation) of organizational units of the company for […]