Doing Business in the Visegrad Group : Czech Republic‚ Hungary‚ Poland and Slovakia Monika Chabanová Basic Information Czech Rebublic Capital City Surface Population Currency PRAGUE 78 867km² 10 505 445 Czech Koruna (CZK) Hungary BUDAPEST 93 036 km² 9 938 000 Forint (HUF) Poland WARSAW 312 685 km² 38 538 447 Zloty (PLN) Slovakia BRATISLAVA 49 035 km² 5 397 036 Euro (EUR) Official language Logo Czech Hungarian Polish Slovak Prime Minister Petr Nečas Viktor Orbán
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bureaucratic hurdles which the MNCs had to overcome‚ gradually reduced making it easier to do business. Corruption is another big hurdle when doing business in India. Areas like electricity supply‚ judiciary (particularly lower courts)‚ Police‚ land administration are counted in the most corrupt category. Since all these are essential in building up a business‚ corruption proves to be a major hurdle for starting business in India. Inadequate Infrastructure It has long been felt that roads and communication
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The Effect of Third Party Candidates in Presidential Elections Although citizens of the United States have the opportunity to vote for many different offices at the national‚ state‚ and local levels‚ the election of the president of the United States every four years is the focal point of the American political process. The American political system has maintained a two- party system since its inception. Political scientists argue that a two-party system is the most stable and efficient means
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Challenges and Advantages of Doing Business in China With China emerging as a global power in business within the last decade‚ knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era‚ and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier‚ the price of the work force in China compared to the United
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Was the company ’s experience positive‚ negative‚ or mixed? One of the most well known companies that has done business overseas is McDonald ’s corporation. While this expansion worked well for the company in the beginning by 2002 the corporation was looking to close 175 stores overseas. (Webpro‚ 2002) What legal or political barriers did the company have to overcome? Each country has a different set of laws to govern the way in which companies may operate in there country‚ employee benefits
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Third Party Proceedings – O 16 • Third party notice – O 16 r 1 • Application for leave to issue third party notice – O 16 r 2 • Issue‚ service of and entry of appearance to third party notice – O 16 r 3 • Third party directions – O 16 r 4 • Default of third party – O 16 r 5 • Setting aside third party proceedings – O 16 r 6 • Judgment between defendant and third party – O 16 r 7 • Claims and issues between a defendant some other party – O 16 r 8 • Claims by third and subsequent
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The Principal Victor Public School Delhi Re:- PROFESSIONAL TENNIS / SPORTS COACHING Dear Sir‚ The Nash Sports Management believes that each child is a GEM – rare and unique and must be allowed to shine in his own natural brilliance. The programme aims to provide opportunities a sporting envirement which enhances the student’s instrinsic talent to allow them to maximize their full potential within their individual capabilities so that they can be best they can be! “People say that campions are
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German culture is diverse and complex. One way to evalutate the culture is to use Geert Hofstede’s five dimensions which helps to illustrate values that are embedded into the German people and how behavior manifests itself in a work related context. The German culture can be described as having a low power distance as they strongly expect power to be distributed equally. This is evident by the solid co-determination rights held for employees. Germans also demonstrate a high degree of uncertainty
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RIGHTS AND OBLIGATIONS OF AGENT UNDER THE LAW OF AGENCY Introduction The law of agency is based on the maxim “Qui facit per alium facit per se” i.e. he who does an act through another does it by himself. The concept of representative capacity is the totem of agency. In the hustle and bustle of everyday life it sometimes becomes impossible to do everything ourselves and hence it becomes necessary to employ people to perform our acts. The person employed is the agent and the contract by which
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Business Sustainability: Women as the change agents *Ms. Vidya Sampath & Ms. Husnain Sabah* “Women are the best index of the coming Introduction Business sustainability signifies the ability to stay resilient to survive the uncertainty presented by this dynamic global market place and to optimally manage the financial‚ social and environmental threat‚ obligation and opportunity. These may be translated as the 3 P’s of Business Sustainability – Profits‚ People and Planet. According to the
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