The improvement of strategic management of foreign economic activity of an industrial enterprise

Strategic management of foreign economic activity of an industrial enterprise is performedby means of a wide range of techniques, methods and tools. For effective strategic management offoreign economic activity of an industrial enterprise has to be integrated into general system ofmanagement and direct the activity of an enterprise to foreign markets that will help to increase its generalactivity effectiveness due to foreign economic transactions. It conditions the necessity to researchaspects of strategic management of foreign economic activity of an industrial enterprise aiming to expandits distribution areas and boost its profitability.The actuality of the topic, its significance for operation anddevelopment of industrial enterprises is caused by the necessity to improve the approaches to strategicmanagement of their foreign economic activity.