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Explores the history, daily life, politics, and culture of Hungary, as well as the many challenges facing the country since the decline of communism.
Russia is the world's foremost energy superpower, rivaling Saudi Arabia as the world's largest oil producer and accounting for a quarter of the world's exports of natural gas. Russia's energy reserves account for half of the world's probable oil reserves and a third of the world's proven natural gas reserves. Whereas military might and nuclear weapons formed the core of Soviet cold war power, since 1991 the Russian state has viewed its monopolistic control of Russia's energy resources as the core of its power now and for the future. Since 2005, the international news has been filled with Russia's repeated demonstrations of its readiness to use price, transit fees, and supply of gas and oil e...
Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.
Working capital is commonly understood as the fund needed to meet the day-to-day expenses of an enterprise. A finance manager finds that the funds for meeting these expenses get blocked in current assets. He, therefore, looks for liquidity support in net working capital (NWC), which is equivalent to the excess of current assets over current liabilities. A banker also looks at the size of NWC as the long-term stake of the business in funding the current assets. But for a production manager, liquidity is synonymous to uninterrupted supply of material inputs to the production lines. Similarly, for a marketing manager, if there is no production, his marketing outlets dry up despite demand in the...
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Seminar paper from the year 2001 in the subject Economics - Case Scenarios, grade: 1 (A), Wiesbaden University of Applied Sciences (Economics and International Business Administration), course: International Economic Relations I, language: English, abstract: Introduction This country paper has been written for educational reasons. It is part of the class ‘International Economic Relations I’ – University of Applied Science Wiesbaden of winter 2001. It is attended to the former socialist country Hungary, which underwent a transition from a socialistic to a democratic country. Mainly it throws light on the question if the simultaneous economical transition - from a planned to a market economy has been successful. Successful means if the country is able to catch up with economical leading countries. ‘What matters is the whole package of policies, financial and technical assistance and dept relief if necessary.’(1) [...] _____ 1 cf. “Globalization: Threat or Opportunity?”, http://www.imf.org/external/np/exr/ib/2000/041200.htm; International Monetary Fund Issued Brief; Washington 2000; p. 7f
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What should I do?, How should I deal with this?, How should I behave?, How should I act? we ask ourselves daily. But, this is only the first part of the sentence, while the full sentence is What should I do ... to achieve such and such?, for example to complete an assigned task, to do well before my boss or a client, to be pleased with myself, to carry out my plans, to make money in the stock market, to pass an exam, to complete an application, etc. These and similar questions that people ask, consciously or not, openly or not, are decisions.What skills must we master, especially when there is a need to make not only elementary decisions, but also decisions that affect the existence, health,...
Many experts believe that through the utilization of information technology, organizations can better manage social and economic change. This book investigates the challenges involved in the use of information technologies in managing these changes.
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