Thursday, January 17, 2019
Doing Business in Russia & Czech Republic Essay
When assessing the market for investiture it is similarly important to be able to chance on what risks are presented by these markets. As this project requires a $100 trillion enthronement it is crucial here to be able to have a steady economic and political environment to carry out the trading operations of the commerce. As of 2004, the Russian government has taken a strong check over of the legislation in the region. The government has either help up or has cancelled several big American projects.The new legislation also tends to weaken the rights of the shareholders. Moreover Russia has not been cooperating with the United State in scathe of energy agreements. This makes the field and its legal and political associations hostile towards business which is derived smorgasbord the United States. This along with the political uncertainty in the region makes the investment climate in Russia very unpredictable and unfavorable. However despite this investment in the economy ha s been growing.Most of this has come from the FMCG and consumer goods sector. The advantage of conducting business and put in this region would be benefiting from the high standards of technical education and training. However, by put in this country the business will have to view and combat corruption at every level. Conducting business in the Czech Republic offers problems in the short term related to compatibility issues, registration of the business as well as adaptation to the culture and environment in the region.However the benefit of investing in this region would be benefiting from the leeway and cooperation characteristics of the work force which enable the country to be economically sure-fire in the long run. The unemployment rate n the country has decreased and the country is moving towards advancement presenting as a favorable market for investing in a business or operations in this region. match to the analysis of the two countries that has been conducted, it woul d be more feasible and economically executable to invest in the Czech Republic as compared to Russia.
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