...POLAND The cliched western view of Poland – bogged down by communist inefficiency and rusting tractors – is long gone. This was the only EU economy ( It joined EU in 2004) to avoid contraction in the dark days of 2009, leading the prime minister to describe Polish economic growth (albeit at a modest 1.6%) as a "green island" amid the red sea of recession elsewhere in the union. There has been massive public investment due to the European football championship (UEFA Euro 2012) that Poland co-hosted. And the weakening Złoty., which suffered when traders became increasingly nervous about the worsening debt situation in Greece and other eurozone members, has helped to keep exports ticking over. “The biggest threat to the security and prosperity of Poland would be the collapse of the eurozone” - Radek Sikorski, Poland's foreign minister. Krzysztof Rybinski, a Polish government critic has said that 2011 was the last good year for the Polish economy and that things will go downhill from the second half of 2012, for want of decent reforms in the face of an economic slowdown, an ageing population and a looming energy crisis. As a party to 89 Double Taxation Treaties throughout the world, Poland is indeed open for international business. Offering a large domestic market coupled with political and economic stability and various government incentives for investors, Poland is placed by the United Nations Conference on Trade and Development (UNCTAD) among the top countries to attract...
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...International Economic Relations International Economic Relations International House of Pancakes International House of Pancakes Export analysis: From USA to Czech Republic Export analysis: From USA to Czech Republic Authors: Barbora Nykodýmová Helena Leszczynska Preet Singh Authors: Barbora Nykodýmová Helena Leszczynska Preet Singh Delivery date: 2011, May 26 Delivery date: 2011, May 26 Table of Contents Internal Analysis (USA) 3 External Analysis (Czech Republic) 4 Macroeconomic Factors 4 Economic Structure 4 Political Legal Structure 6 Demographic Aspects 7 Socio-cultural Factors 10 Technological Level/Factors 11 Geographic Aspects and Distribution Structure 11 Product Analysis on the Export Market 13 Potential Buyer Analysis 13 Competitive Analysis 13 Product 15 Price 16 Distribution 16 Communication 17 Other Aspects 18 Conclusion 19 List of Sources 20 Appendices 22 Internal Analysis (USA) External Analysis (Czech Republic) Macroeconomic Factors Economic Structure Own experience with the market: Two from three members of group are citizens from Czech Republic; so own experience is strong enough. Gross National Product (GNP): In Czech Republic to measure value is used gross domestic product. GNP is not measured. So GDP as a value of all final goods and services produced within a country in certain period. In 2010 annual increment in GDP was positive, except in 2009 was negative, last 5 years was...
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...stores, known for their stark design and their Genius Bar, where Apple customers get technology advice and support. About two-thirds of Apple's 361 stores are in the U.S. However, of the 40 stores Apple expects to open this fiscal year, three-quarters will be outside the U.S., with China being a major focus. Apple currently has stores in only 12 countries, including the U.S. Browett has served as CEO of Dixons since 2007. During his tenure, the company continued an aggressive expansion in Europe. It has about 1,200 stores and is Europe's second-largest electronics retailer, after Germany's Media Markt. Dixons' brands include Currys in the U.K., Elkjop in Norway, Kotsovolos in Greece, Unieuro in Italy and Electro World in Turkey and the Czech Republic. Analysts give Browett credit for improving customer service at Dixons. "Our retail stores are all about customer service, and John shares that commitment like no one else we've met," Cook said in a statement Tuesday. The chain hasn't seen much financial success during his tenure, however, as it has been undercut by the recession and subsequent belt-tightening in Europe. Dixons' sales have risen only 8 percent in the past five years, and profits are down sharply. Its stock has lost more than 90 percent of its value in that time. It fell 7.6 percent further in London trading Tuesday after news of Browett's departure. Before Dixons, Browett...
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...Have you had any previous experience traveling or living outside the US? (*) I have not lived outside the United States; however, I have traveled internationally. In 2010, I visited India for three weeks to visit my husband’s family. During this time, we lived in the homes of our family members in various villages and cities throughout the country including: Ahmedabad, Mount Abu, Pune, Delhi and Mumbai. Additionally, in 2007, my husband and I vacationed in Greece for two weeks staying in Athens and Greek Islands. Lastly, I have taken smaller vacations in several Caribbean countries and Mexico. Through these vacations, I came to appreciate the unique cultures and values of the people that I met. Despite the contrasting lifestyles and material wealth I witnessed in each country compared to what is in the US, I also saw how similar my values and beliefs are to those I met. In each case, the people I met helped make me a more well rounded person. I only wish I could have stayed longer. 2. Do you have any foreign language skills, either reading or conversational? (*) Currently, I would characterize my knowledge of Spanish as: Speaking = conversational, Listening = basic, Writing = conversational. I studied Spanish in high school and was fortunate to have the opportunity to complement my studies with the knowledge that came from conversing with the Latin American employees of my father’s various farming operations in their native language. After, moving away from...
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...Mull Organic Foods – Outcome 1 For the purpose of this report I have chosen to look at Czech Republic as a possible international market for Mull Organic Foods. 3 Reasons why Mull Organic Foods may want to start selling to international markets Mull Organic Foods may want to start selling to an international market for a variety of reasons such as: 1) Market saturation – the domestic market may not offer any prospects for significant growth anymore but offers significant risk. Businesses that operate in more than one market will feel any region-specific issues with less impact than a business that trades only in one market. 2) Attracts better staff – a business that trades in international markets will often develop a global presence, which is attractive to possible employees, so the business will be able to recruit better qualified and motivated staff who wish to work for a company that can help them develop globally. 3) Or maybe their competitors are entering international markets and by not doing the same they might create a disadvantage for the company in the domestic market influenced by reputation, as customers perceive exported/imported good to be better and in many foreign markets the “Made in Britain” label is considered desirable as British products are associated with quality and luxury. Etc. Examples of 3 sources of information that would be useful in helping Mull Organic Foods enter international markets When considering entering an international...
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...years of Communist rule in Czechoslovakia, and the subsequent conversion to a parliamentary republic. Timeline * On 16th November 1989, Slovak middle school and university students organized a peaceful demonstration in the center of Bratislava. * The next day, International Students' Day, riot police suppressed a large student demonstration in Prague. That event sparked a series of demonstrations from 19th November to late December. * After the number of protesters grew to an unprecedented half a million and 75 percent of the country’s entire population went on a two-hour general strike, the Communist leadership stepped down. * Two weeks after that, the first non-Communist government was sworn in and a dissident leader, the playwright Vaclav Havel, was made president just in time for New Years 1990. * Remarkably, no one was killed; especially considering Warsaw Pact nations had invaded Czechoslovakia to suppress a popular reform movement just 21 years before. * Four years later the country split, also peacefully, into the Czech and Slovak republics. It was called the velvet revolution as it was a bloodless revolution, and because of its peacefulness it was named “velvet” as the revolution was as smooth as this material. Velvet divorce * The Velvet Divorce is the name given to the dissolution of Czechoslovakia into two separate countries, the Czech Republic and Slovakia, which went into...
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...Climate POLITICAL AND ECONOMIC STABILITY The Czech Republic is a fully-fledged parliamentary democracy, and is one of the faster growing economies as well as one of the ten countries that entered the European Union on 1 May 2004. The country’s economic policy is consistent and predictable. A strong and independent central bank (the Czech National Bank) has maintained an extraordinary degree of currency stability since 1991. The Czech Republic was the first CEE country to be admitted into the OECD. The country is a member of NATO and is fully integrated into other international organisations such as the WTO, IMF and EBRD. EU legislation was adopted in preparation for EU accession. Czech commercial, accounting and bankruptcy laws are compatible with Western standards. The Czech koruna is fully convertible. All international transfers (e.g. profits and royalties) related to an investment can be carried out freely and without delay. NON-DISCRIMINATION Under Czech law foreign and domestic entities are treated identically in all areas, from protection of property rights to investment incentives. The government does not screen any foreign investment projects with the exception of those in the defence and banking sectors. As an OECD member the Czech Republic is committed not to discriminate against foreign investors in privatisation sales, with the same exception as that mentioned above. INVESTMENT PROTECTION The Czech Republic is a member of the Multilateral Investment Guarantee...
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...Bombardier Top Markets Bombardier is a world leader in aerospace and rail manufacturing. Bombardier has become the standard in some aerospace sections, including business aircraft, commercial aircraft, amphibious aircraft, specialised aircraft and aircraft training. Some of Bombardier’s top markets include China and Europe. Bombardier fist entered China in 1954, Bombardier has joint ventures with over 40 different airlines in China including Shandong Airlines, Shanghai Airlines and China Express. Bombardier also has a very strong presence within Europe, with ventures in a number of countries including Belgium, the Czech Republic, Denmark, France, Hungary, Netherlands, Norway, Poland, Portugal, Romania, Russia, Sweden, Switzerland and Germany. German is a huge part of Bombardier, it where the majority of the railway engendering and manufacturing happens. Bombardier is expanding its presence all over the world, including expanding its presence in Asia and entering the African market through South Africa. Bibliography Bombardier. (n.d.). About Us. Retrieved from Bombardier the evolution of mobility: http://bombardier.com/en/corporate/about-us Bombardier. (n.d.). Overview. Retrieved from Bombardier China: http://cn.bombardier.com/about_bombardier_in_country.html Bombardier. (n.d.). Overview. Retrieved from Bombardier Germany: http://de.bombardier.com/en/about_bombardier_in_country.html Bombardier. (n.d.). Overview. Retrieved from Bombardier Sweden: http://se...
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...What has surprised you about the topic, interesting facts (datasheet) – make us surprised too! First of all, for me these topic was really interesting and it was pleasure to prepare it! I will write several interesting facts which I found while doing the presentation.They are about six of the places in Czech Republic protected by Unesco , which I will present you more in the main part. Did you know.. ? 1) Prague has been celebrated as one of the most beautiful cities in the world ever since the Middle Ages. Various attributes include ‘Golden’, ‘City of a Hundred Spires’, ‘Crown of the World, and ‘A Stone Dream’. 2) Český Krumlov is not just a significant historical site, but also a flourishing centre of the arts. Every year it hosts an international music festival, theatrical performances in the palace garden, and the summertime Five-Petal Rose Festival. 3) Art and music currently play an important role in the life of Telč. Every year an international folk festival and a French-Czech Music Academy take place in the town. 4) At the end of the 13th century, roughly a third of Europe’s silver production came from the mines at Kutná Hora. The Prague groschen, minted with Kutná Hora silver, was one of the strongest currencies in Europe. 5) The villa Tugendhat was only used as a family home for a few years. At the beginning of the Second World War, the Tugendhats were forced to flee from the Nazis. During the war the villa was damaged, and later it was used for different purposes...
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...Proposed Site for AIAI in Europe John MNGT545 Case S7.1 04/07/2015 PROPOSED SITE FOR AIAI IN EUROPE American International Automotive Industries (AIAI) manufactures auto and truck engines, transmissions, and chassis parts for manufacturers and repair companies in the United States, South America, Canada, Mexico, Asia, and Europe. AIAI currently ships its parts into Hamburg and Gdansk to be able to reach customers throughout Europe. Since the company is growing and complaints have been arising about late deliveries, American International Automotive Industries is looking for a new distribution site to help in Europe. Before a site can be chosen, the company must first look into what factors will best keep costs down as well as make quicker deliveries with fewer damaged products. With American International Automotive Industries’ European headquarters being in Hamburg, the vice-president for construction and development has provided the company with five potential sites to choose from. These sites are Dresden, Lodz, Hamburg, Gdansk, and Frankurt. AIAI also needs to keep in mind where their seven main customers are located. These customers are located in Vienna, Leipzig, Budapest, Prague, Krakow, Munich, and Frankfurt. Understanding that these customers are important to AIAI and those quicker deliveries can make happier customers. American International Automotive Industries needs to come up with a strategic focus in order to maximize the benefit...
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...• The metro comes approximately every 8-10 minutes, but it runs slower on the weekends and faster during rush hour (every 2 minutes). Either way though, you’re never caught waiting for long. • The metro stops running at midnight and starts at 5AM, I believe. • As far as the trams go, they’re a little more complicated simply because there are a TON. But they’re easy enough to figure out once you know how to read the schedules. • There are timetables posted at every tram stop, the columns are: Pracovní Den (work day), Sobota (Saturday), and Neděle (Sunday). • Tram 22 will get you to the Prague castle, just get off at stop Pražský Hrad. • Tram 22 is also known as pick-pocket express, so be extra cautious while riding it • Also, Czechs are very quiet normally, so just keep that in mind while taking public transportation • The night trams start at midnight and go until 5AM and run about twice an hour, so if you’re staying out late, I suggest checking what times the...
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...American International Automotive Industries (AIAI) manufactures auto and truck engine, transmission, and chassis parts for manufacturers and repair companies in the United States, South America, Canada, Mexico, Asia, and Europe. The company transports to its foreign markets by container ships. To serve its customers in South America and Asia, AIAI has large warehouse/distribution centers. In Europe it ships into Hamburg and Gdansk, where it has contracted with independent distribution companies to deliver its products to customers throughout Europe. However, AIAI has been displeased with a recent history of late deliveries and rough handling of its products. For a time AIAI was not overly concerned since its European market wasn't too big and its European customers didn't complain. In addition, it had more pressing supply chain problems elsewhere. In the past five years, since trade barriers have fallen in Europe and Eastern European markets have opened up, its Europeans business has expanded, as has new competition, and its customers have become more demanding and quality conscious. As a result, AIAI has initiated the process to select a site for a new European warehouse/distribution center. Although it provides parts to a number of smaller truck and auto maintenance and service centers in Europe, it has seven major customers—auto and truck manufacturers—in Vienna, Leipzig, Budapest, Prague, Krakow, Munich, and Frankfurt. Its customers in Vienna and Budapest have adopted manufacturing...
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...The Russian economy is the 10th largest economy in the world by GDP (1), and the 5th largest European country by GDP. The Russian economy has grown by 4.3% for the past two years (2) which is greater than both the global and European average GDP growth rate. Despite being the fifth largest economy by GDP in Europe, it is the second largest automotive market in Europe behind Germany and the seventh largest in the world (3). In 2011, there were 2.65 million light vehicles sold in Russia worth a collective $65 billion. The most popular car brand in Russia is Lada which controlled 22% of the market in 2011. This is down from the previous year where they accounted for 27% of sales(3). In June of 2001 General Motors entered into a partnership with Russian manufacturer AVTOVAZTogether GM and AVTOVAZ began producing the Chevrolet Niva which was based on the Lada Niva concept which was ultimately not produced due to AVTOVAZ’s lack of cash flow(4). The Chevrolet Niva has been a great success for both companies with demand outgrowing supply leading to a multiple month waitlist simply in order to purchase a Niva (5). This partnership has helped GM enter into the Russian market without much of an initial investment while being able to use AVTOVAZ’s expertise in the Russian market. The plan has been so successful that GM is recently approved an expansion of the production facility in Russia. (5) The Russian automotive market has a large amount of potential upside for GM. The Russian economy...
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...‘First candidate. Marie Erten-Loiseau. Born in Prague, her family moved to Toulon when Marie was twelve years old. Brought up in France, she was educated as an aeronautical engineer in France and Germany. Marie worked for Trianon for 13 years, in two divisions within France and Germany with increasing levels of project responsibility. Her leadership of two projects over the last three years in Lodz, Poland, and two sites in the Czech Republic has been marked by remarkable success. Married, her husband is semi-retired. They have one child in university. Second candidate. Janos Gabor. Born in Gyor, Hungary, Janos was educated at University of Pecs, Hungary. He has a good background in the production of cathode ray tube and display systems technologies, albeit from the Central European perspective. He has worked at Trianon for nearly four years, and has just been transferred into the cathode ray tube division as a Senior Engineer. His family is reportedly very well connected with national government officials, particularly the old, ex-party members of multiple ministerial bureaucracies. Janos is single. Third candidate. Sinead Marrinan-McGuire, a production engineer on loan to Trianon’s London office for joint venture analyzes and ‘due diligence’ reviews on technical and legal grounds. She has spent three years in the R&D development team in Dublin and London, working on the very technologies to be applied in this Hungarian joint venture project. Alistair met and...
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...Budejovicky Budvarbrewery was established in Budweis, and its beer was officially named Budweiser, “the beer of kings.” Adolphus Busch dubbed his company’s Budweiser “the king of beers.” In 1911, representatives of Anheuser-Busch and Budvar signed an agreement that entitled the European company to market Budweiser beer in continental Europe. The American company would have rights to the name in the United States and Latin America. Later, the name of the town was changed from Budweis to Ceske Budejovicky. In several European countries, including France, Italy, and Spain, Anheuser-Busch markets beer using the “Bud” brand name. The American company also won a court decision in Britain allowing it to sell Budweiser in Britain alongside the Czech brew with the same name. Today, Anheuser-Busch’s various brands command a 45 percent share of the U.S....
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