Modern approaches to the management of export-import operations of transnational corporations in the context of geopolitical upheavals

¹ Southern Federal University, Rostov-on-Don, Russian Federation
² Don State Technical University, Rostov-on-Don, Russian Federation
³ Henan Technical Institute, China

^* Corresponding author: nemezid17@live.ru

Abstract

Within the context of the rapid expansion of globalization processes throughout the global economy, the most significant trend of this process is the emergence of transnational corporations. The main research methods used in this study were theoretical (analysis, synthesis, induction), empirical, and interpretation of expert opinions on this issue. The management of export-import operations of transnational corporations remains relevant and important for businesses. However, the process of managing export-import operations can be quite complex and requires significant efforts from companies to properly execute all necessary procedures. Specifically, companies need to ensure proper documentation, accurate assessment of goods and services, as well as timely delivery. Additionally, companies need to plan and manage cash flows correctly to ensure the safety and efficiency of operations. All these processes require a professional approach and specific knowledge and skills. Currently, differences in political and economic stability of states, legal and regulatory systems, and established "rules of the game" in organizing and conducting business become particularly acute.Therefore, the goal of this article is to form or continually improve combined approaches to the development of corporate activities, which will cover not only the advantages of the global economy but also the peculiarities of local markets.