The problem of choice in the economy in the implementation of strategic planning of economic activity

When carrying out a variety of economic activities, any manager constantly meets with the problem of choosing where to direct his resources so that he can achieve his goal. However, with this complexity there are not only business executives and entrepreneurs at the level of small and medium-sized firms and companies, but also whole state apparatuses, when planning the state budget for the next year determines those spheres and industries where financial infusions should be sent for the successful operation of the region. Thus, the problem of choice in the economy today is quite acute, and, in particular, this applies to developing countries, which lag behind highly developed countries in terms of economic development. That is why, for success, government officials should carefully study the world economic system in order to find the right solution to state problems.

Economic history shows that no country in the world could not have experienced difficulties in the field of economic development during its development. Suffice it to recall the great depression of the 1930s in the United States, when the country was in a very deplorable state, the unemployment rate was record high, and the value of the dollar fell sharply. However, in the course of its development for several decades, this state could not only rise from its knees, but also become a world power, which by its example today shows that any country can achieve success. After all, the main thing is the problem of choice in the economy, when, in the presence of the budget, the country's leadership decides where to send the next cash.

Every manager who engages in business knows perfectly well the simple economic truth that profits can be obtained where there is a shortage of any product or service. It is important to carefully study the market, find in it a free niche and take it in time. This is the key to achieving financial success and independence. The problems of economic choice directly affect whether the activities of the enterprise or the state will be successful or not.

As an example of achieving great success in the world arena, we can cite China, which for the last two decades has steadily occupied a niche in the production work base for creating a variety of economic activities - from children's toys to the creation of high-tech equipment. Today, for this country, the problem of choice in the economy does not play a significant role, since China shows stable economic growth in production and welfare of the population. Having managed to use huge human resources, which the leadership of the republic concentrated on the production of basic consumer goods, China is gradually turning into a highly developed country. Of course, there are also quite complex internal political problems and different levels of economic development within the country, but all of them are gradually being eliminated.

It is important to note that we all live in conditions where there is limited resources and the problem of choosing any product. The fact is that here comes into force an economic mechanism, which reads as follows: the wider the assortment of goods, the greater the need for constant updates to the greater part of the population. As a result, it turns out that the full demand can not be satisfied, because people are constantly striving to consume more and more new goods and services. It is for this reason that highly sought after professions in the sale of goods remain marketers who are engaged in assessing the market situation, as well as analyzing supply and demand.

Thus, the problem of choice in the economy plays a very important role in achieving the set goals, since the success of the economic direction for the company and for the state as a whole depends on the correctness of the chosen path.