THE ESSENCE OF MONITORING AND PRINCIPLES OF ASSESSING EFFECTIVE MANAGEMENT OF FOREIGN ECONOMIC ENTREPRENEURIAL ACTIVITIES

Abstract. The article examines the essence of monitoring as a key tool for ensuring effective management of foreign economic entrepreneurial activity. Monitoring indicators, legal bases of monitoring and evaluation, state monitoring bodies of foreign economic activity are considered. The main principles of assessing management effectiveness are determined, including systematicity, comprehensiveness, objectivity, international comparability, resource efficiency, risk-orientedness, dynamism, adaptability to the external environment. Approaches to improving monitoring systems are proposed in order to increase the competitiveness of business entities in international markets. Keywords: monitoring of foreign economic activity, foreign economic activity of enterprises, indicators of monitoring of foreign economic activity, legal bases of foreign economic activity, improvement of monitoring systems