Global Business- Casella wines in Europe
In Europe, currency risk has decreased with the
introduction of the Euro, hedging costs associated with pan-European
investment. In Asia, currency risks need to be weighed, and hedging and
other related costs all contribute to higher costs of investment.
In markets like Germany Casella wines may be faced by challenges like
high cost of labor and social costs because the cost of labor is very
high due to the nature of population, educated, trained labor force;
pleasure in workmanship and quality. In addition there are few natural
resources available and slowness in innovation.
Casella wines should be careful of tax issues and adjustments in regulatory structures in the various Asian markets. Choreographing the diverse tax codes in the different cities in Asia can bear out to be an intimidating challenge.
Usually, the business will have to think and factor in various different stages of taxation structures, which will comprise corporate tax, excise duty, property tax, acquisition taxes for real estate investments and taxes upon departure in the type of capital gains. Their policy on the commodity produced can also affect the market for the product especially in the conservative Asian countries. In addition, changes in regulatory structures can lead to sudden and unexpected changes.
All four of the “Asian Tigers” who are considered as the pillars of Asian economy face political uncertainties; in Hong Kong, the changeover from British to Chinese rule; in South Korea, a persistent military risk from North Korea; in Taiwan, the regular prospect of a direct conflict with the People’s Republic of China; and in Singapore, a greatly developed country surrounded by “jealous” neighbors. Nonetheless, these countries’ strong and rising economies augur well for the prospect.List of books on globalization
In markets like Germany Casella wines may be faced by challenges like
high cost of labor and social costs because the cost of labor is very
high due to the nature of population, educated, trained labor force;
pleasure in workmanship and quality. In addition there are few natural
resources available and slowness in innovation.Casella wines should be careful of tax issues and adjustments in regulatory structures in the various Asian markets. Choreographing the diverse tax codes in the different cities in Asia can bear out to be an intimidating challenge.
Usually, the business will have to think and factor in various different stages of taxation structures, which will comprise corporate tax, excise duty, property tax, acquisition taxes for real estate investments and taxes upon departure in the type of capital gains. Their policy on the commodity produced can also affect the market for the product especially in the conservative Asian countries. In addition, changes in regulatory structures can lead to sudden and unexpected changes.
All four of the “Asian Tigers” who are considered as the pillars of Asian economy face political uncertainties; in Hong Kong, the changeover from British to Chinese rule; in South Korea, a persistent military risk from North Korea; in Taiwan, the regular prospect of a direct conflict with the People’s Republic of China; and in Singapore, a greatly developed country surrounded by “jealous” neighbors. Nonetheless, these countries’ strong and rising economies augur well for the prospect.List of books on globalization
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