difficult than they need to be. Measuring poverty is difficult. Nevertheless‚ it is undisputed that a large share of the Russian population lives below the poverty line. The transition from communism to a market-based economy did not create poverty in Russia‚ but it certainly made life more difficult for many groups of people. The economic transition also witnessed the "feminization" of poverty. Single-mother families and single elderly women make up a group with the highest poverty risk. In the case
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Assignment 1- PEST Analysis: Business Environment in Russia (982 words) Pest Analysis: Business Environment in Russia Introduction Russia‚ with a wide base of natural resources and one of the BRIC countries is seen as an attractive market to gain a toehold in by global investors including the United Kingdom’s retail industry. This report aims to analyze the business environment in Russia for British retailers using the PEST analysis. The PEST analysis will focus on four different aspects of
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Russian geography - Regions of Russia Russia is a country about 1.8 times the size of the US occupying the vast area between Europe and the North Pacific Ocean. It has an area of 10‚ 672‚000 sq. miles (17‚075‚200 sq.km) and a population of almost 150 million people. Occupying a large territory in Europe and Asia Russia is spread over all climatic zones except tropical. It takes over 8 hours by plane to reach from Moscow to Vladivostok on the Pacific coast. West of the Ural mountains from the
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Russia History * Ancient Russian -Russia was formed by colonizing cites which later on formed the Russian Empire. -A warrior named Rurik came into the eastern part of Russia with a group of Scandinavians‚ known as the Varangians crossed the Baltic Sea and emerged into Russia. -He & his partner‚ Oleg‚ took over cities‚ but helped invest into them. -Oleg managed to gain control of the lower region of Russia‚ which later on his son took over. -Faith was a big factor back then‚ according
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The nobility and wealthy merchants compared to peasants and serfs lives in the Middle Ages on a manor were both very different from one another. Up top in the social class would be noble people/lords‚ people with nobility. They are very rich and usually own lots of land. Merchants however would travel would travel from place to place selling goods to make a living. Merchants could also be put in the middle class. Peasants and serfs on the other hand were very poor and mainly stayed in the land where
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------------------------------------------------- International Business In Russia Introduction There are a number of misconceptions about Russia as a business destination. Some people believe that conducting business in Russia is an all too easy process and that all it takes are some good connections or simply meeting with the right people. On the other hand‚ others believe that in Russia‚ it is almost impossible to do business and that companies are not governed by the basic principles of economics
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Vestas in Russia Introduction For my exam project in International Business Environment I have chosen to write about the Danish cooperate Vestas Wind Systems A/S (referred to as Vestas throughout the paper). Vestas is the world’s largest producer of wind turbines and in addition to this it is also the leading company when it comes to green technology regarding wind energy . Vestas not only serves the Danish domestic market‚ but the company is also present on several foreign markets in other parts
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Russia ’s accession to the WTO‚ to which country was going neither more nor less than 18 years‚ is just such a step - considering the basic situation of world economic processes‚ Russia could not take them entirely due to a number of national characteristics. In addition‚ Russian Federation on its way to join the World Trade Organization faced many obstacles - both political and economic‚ and also social issues. There was even an attempt to hold a referendum against the entry of Russia into
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300 181 563 Course Coordinator: Val Lindsay Due Date: Monday 11th April Executive Summary: Pibrex is one of the world’s largest developers of petrochemical polymers for the plastics market. The company has purchased a plant in Russia and after three years of serious operating losses it has appointed a new general manager of the plant. Then plant lacks a strong organisational culture; communications within and between departments are poor; there is inequity between in wages‚ working
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Adolfo Hinojosa Strategic Management September 9‚ 2014 Ikea and Russia: Corruption and Sound Business Attempting to do business in Russia can formidable for any company and this includes Ikea. The Russian political atmosphere is rife with bribery and the blatant use of corruption in government dealings has become an accepted way of doing business. The Ikea example shows how government regulation can halt a business dead in its tracks. The mall Ikea has invested in has been ready for over a
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