Skoda Stakeholders

Skoda auto is an automobile manufacturer in the Czech Republic. Starting off in the late 1890’s Skoda was just a company that manufactured cycles. However by the mid 1940’s Skoda had started to manufacture cars and slowly progressed as a company. However it was never a big company as they sold regular cars, which did not stand out. However in 1991, it was brought by the well-known car manufacture, Volkswagen. This made a dramatic change in the design and production of their cars as German technology was used to develop Skoda products. Know having the financial backing of a big German company, it allowed Skoda to push them selves to new levels and to produce bigger and better cars. In the past Skoda specialised in making small vehicles, however due to the investment from Volkswagen, Skoda is now also selling cars in all sorts of shapes and sizes. Perfect for some young boys and girls, families and large families. Not only have Skoda been rewarded for there recent cars with high sales but also by being presented with an award for best car, it was rewarded as the 2006 small family car of the year as well as ‘hot hatch of the year’

International trade

International trade is where countries exchange goods, services and capital across the international borders. In most countries it represents a significant share of gross domestic product, also known as (gdp). There are many reasons to why countries trade, being beneficial for both less economically developed countries and the more economically developed countries. Reasons • There is prevention for some countries to produce certain products. For example Parma ham can only be produced in Italy, and in order for countries such as the U.K to have these products, the U.K must trade with Italy in order to have this product. • Some products can cost too much to produce. For example if the U.K wanted to grow bananas they would have to do it in greenhouses as the U.K does not have the climate,