Abstract

The modern system of relations between countries is being transformed with the spread of digitalization. Accordingly, there is a need to study the practical aspects of digitalization of trade as a major component of international relations. Therefore, this study aims to determine the impact of digitalization processes on the performance and economic security of trade. The main directions for the development of digitalization in trade were determined and the influence of digital technologies on the economic security of trade entities (enterprises) was investigated. The main components of the economic security of trade enterprises were identified. The main difficulties in the development of the digital economy were highlighted. The main directions for the development of digitalization of trade enterprises were determined. The list of factors that most influence the formation of trade turnover was substantiated: income of the population, number of trade workers, inventories, producer price indices, digital technologies (telecommunications, data processing, etc.). Methods of economic statistics (statistical observation, dynamic and structural analysis) were used to test the hypothesis of the relationship between informatization and economic security of trade enterprises. Methods of correlation and regression analysis were used to study the strength of the relationship between the volume of turnover and the factors that determine it. Based on the modeling, a statistically significant relationship was identified between the indicators of the volume of information and related services and trade volumes, which confirms the dependence of the economic security of trade enterprises on digitalization. The proposal to supplement the already existing methodology for assessing the economic security of the trade enterprise with indicators reflecting the impact of digital technologies was justified. The results of the study can be useful for adapting strategies for the development of trade enterprises in the context of the global digital ecosystem.

Highlights

  • In the conditions of the modern development of society, the dynamism of economic and political changes, information technology (IT) is significantly developing

  • More and more attention is paid to the study of the main factors of influence and ways to ensure the economic security of the enterprise, among which little is known about the impact of digitalization

  • Digitalization affects customer-oriented business processes: online sales, the use of self-service cash registers, the introduction of mobile applications and electronic services, the use of cashless and contactless payment devices, and other tools. Such rapid rates of digitalization in trade naturally lead to changes in the volume and structure of expenses and incomes of trade enterprises and have a significant impact on their economic security

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Summary

Introduction

In the conditions of the modern development of society, the dynamism of economic and political changes, information technology (IT) is significantly developing. Digitalization affects customer-oriented business processes: online sales, the use of self-service cash registers, the introduction of mobile applications and electronic services, the use of cashless and contactless payment devices, and other tools Such rapid rates of digitalization in trade naturally lead to changes in the volume and structure of expenses and incomes of trade enterprises and have a significant impact on their economic security. The economic consequences of this practice for the security of trade entities and the justification of the need for further implementation of digital transformations in trade remain insufficiently studied This is why it is necessary to identify and study new factors that determine the performance and efficiency of the trade business. Among the identified factors is the volume of telecommunications products (services) sold; the scope of information services provided; the amount of data processing, posting information on websites, and related activities

Literature review and problem statement
The aim and objectives of the study
Research materials and methods
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