The market is a special form of organization of commodity farming. This is an objective phenomenon of an economy based on commodity production and commodity exchange. Every business entity and a person who makes any purchases or sales is connected with the market. Therefore, the changes taking place in the market are of interest and […]
Tag: commodity
Money: its origin, essence and theories
There are several concepts on the question of the origin of money, but the main ones are rationalistic and evolutionary. The first concept, which arose in the time of Aristotle, prevailed until the end of the XVIII century and explained the origin of money as the result of an agreement between people. Some modern economists […]
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 […]