Saturday, August 10, 2019
Individual Report Assignment Example | Topics and Well Written Essays - 2000 words
Individual Report - Assignment Example The GDP growth rate of the Czech Republic is quite moderate taking into consideration the recent economic downturn. Inflation rate is also moderate, and indicates that the economic environment in the country is favourable for international development. Exchange rate is subject to regulations on behalf of the national government. Taking into consideration projections that the national currency will gradually appreciate, the decision to enter the Czech Republic market should be reviewed. The limitation of this report can be referred to lack of some specific facts about the US-companyââ¬â¢s operations, and understanding of the industry in which it operates. Due to this limitation, further research is required. There should be carried more detailed analysis of external environment, including: political, social, technological, legal, and environmental factors. The large US-based multinational company that manufactures and sells its products in a number of other countries, including China and the UK is evaluating opportunities of international expansion, namely to the Czech Republic. The aim of this report is to provide the Chief Executive Officer and Board of Directors with analytical overview of the economic situation in the Czech Republic and provide recommendations regarding expansion of the business to this country. The remainder of the report is comprised of several sections, whereas the literature review section provides theoretical overview of key macroeconomic indicators and how these indicators can be used in order to evaluate economic health of a specific country or region. The next section provides overview of the current economic situation in the Czech Republic based on the macroeconomic indicators such as GDP, inflation rate and exchange rate. Section ââ¬Å"Interpretationâ⬠presents analysis of the historical and actual macroeconomic
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