The economic significance of statistical research activities of representative offices of companies abroad

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The modern development of economic relations is unthinkable without obtaining data to make an informed and rational business management decision. This situation determines the significance of statistical information and justifies its primary role. This article presents statistical analytics data that discloses activity directions implemented abroad by commercial offices of the Russian Federation. In turn, the study, analysis, and evaluation of statistical data contribute to the formation and implementation of modern methods for determining the effectiveness of the representative offices' activities of the Russian Federation economic entities. Another generally accepted direction of using statistical data information is to improve the investment policy in advanced research, development, and optimization of the business model. Statistical data processing should be prompt, reliable and efficient. The effectiveness of statistical information is considered through the receipt of economic benefits by an economic entity implementing its activities as the representative offices abroad. By means of statistical data, regularities of changes of the social, economic environment and other external factors influencing the development result of an economic entity are determined, which in turn contributes to the development of effective sustainable development policy.




Kosolapova, M. V., Petrov, A. M., Yshanov, I. G., Muravitskaya, N. K., & Nurmuhamedova, H. S. (2019). The economic significance of statistical research activities of representative offices of companies abroad. International Journal of Innovative Technology and Exploring Engineering, 8(10), 2713–2722.

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