Managerial Strategies for Georgian-Turkish Economic Relation

Authors

  • Giorgi Baghaturia International Black Sea University
  • Teona Dumbadze Ministry of Education, Culture and Sport of Ajara Autonomous Republic, Batumi, Georgia

Keywords:

economic relations, Georgia, investment, managerial strategy, mission, objectives, research, Turkey, vision

Abstract

The republic of Turkey has a great contribution in Georgian economy. Share of Turkish investments and level of trade is high.Article discusses: economic conditions in Georgia and in Turkey, the main partner countries, and export - import figures. Alsodiscusses economic cooperation between the neighbor countries, including agreements signed between them and the shareof the Turkish investments in Georgian economy, the strategic management and the theoretical considerations of organizationsabout the need for strategic ruling. Article includes research about Georgian - Turkish economic relations, namely the study ofthe theoretical and practical aspects, as well as the research methodology and conducted research about the Turkish companiesthat have made investments in Georgia.The last part of the article includes the findings of the research and conclusion.

Author Biographies

Giorgi Baghaturia, International Black Sea University

Assoc. Prof., Faculty of Business Management, International Black Sea University, Tbilisi, Georgia.

Teona Dumbadze, Ministry of Education, Culture and Sport of Ajara Autonomous Republic, Batumi, Georgia

MBA, Media and Public Relations Chief Specialist, Ministry of Education, Culture and Sport of Ajara Autonomous Republic, Batumi, Georgia

Issue

Section

Articles