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Business in Russia and Czech Republic
I need assistance with Assessing the risks of doing business in Russia vs. Czech Republic and which investment would be better. Here is what I have for Russia but need to elaborate further . I researched Czech but was unsure.
Corruption is very high in Russia, but Russia is a great place to make money. The corruption risk is at the local level but once you are in Russia, you are in. Russia's business ethics is very hard to understand.
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The famous Widget Company sells widgets at the rate of 80,000 units per year. Each widget sells for $100, and it costs 30 percent to carry widgets in inventory for a year. Find the economical lot size for production of widgets?
She as well indicated that she looks for entrepreneurs who know their industries and markets well that who are passionate about the value they bring to the marketplace
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