Nobody downloaded yet

Ireland and Gazprom: study in Economics and Business Risk and Rewards - Term Paper Example

Comments (0) Cite this document
Ireland and Gazprom An In Depth Study in Economics and Business Risk and Rewards Introduction Gazprom is one of the largest gas-powered energy companies in Europe. The corporation is based in Moscow, Russia, but has expanded throughout Europe and some parts of Asia…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
Ireland and Gazprom: study in Economics and Business Risk and Rewards
Read TextPreview

Extract of sample
"Ireland and Gazprom: study in Economics and Business Risk and Rewards"

Download file to see previous pages The Irish must study their oil company very carefully, and Gazprom must be ready and able to meet the demands of the Irish economy, despite prior issues with supply, demand, and pricing. This paper demonstrates the compromises and practices that both Ireland and Gazprom must deal with in order to have a successful and fruitful business relationship. Country Analysis Ireland is an ideal candidate for Russia-based Gazprom energy. Ireland, which has been politically divided for a number of years due to religious disagreements, is now in the infant stages of unifying. This opens up opportunities for Gazprom in both Northern and Southern Ireland, as it would be a unified energy company that both sides could rely on. Ireland is a community of both farmers and industry. Ultimately, each sector needing energy for their own purposes. Large industry requires a broad spectrum company to provide energy for factories and mills. Farmers need energy to keep their farms going throughout the year. Ireland also uses natural gas in the metallurgy and cement industries, and Gazprom can readily supply the gas to meet those needs. The Irish economy relies as much on mills and factories as it does on its export and tourism industries. To an effect, these industries must coexist together in order for the Irish economy to maintain the strength and finaicial success that it currently enjoys. Ireland is also a country of highlands and lowlands, which has an economy which is also largely based on fishing and shipping, as well as farming. Some of Ireland’s largest exports are wool, fish, potatoes, racing animals (such as horses and dogs), and alcohol. The country also has massive interests in the golf community, attracting more than two hundred and forty thousand golfers and golf fans a year. Another big business in Ireland is tourism. Ireland needs a dependable energy source for all of its hotels, restaurants, and attractions to run efficiently. Gazprom is an ideal company to fit all of these needs. Retail Analysis From a retail standpoint, forty two percent of all inhabitants of Ireland are under the age of twenty four years. Dublin is the main point of trade, as there is nowhere in Ireland that is more than two hundred miles from Dublin at any given point. The present economic climate in Ireland is at a reasonable high, with some of lowest unemployment rates in Europe, and the disposable income per capita being about fourteen thousand US dollars. Many retail stores in Ireland are independently owned, followed closely by chains. While supermarkets are lowest on the breakdown of retail stores, they also do the majority of food sales in Ireland (Hamby, p. 3). Because of its tourism industry, the sales at retail shops are relatively high. People tend to buy clothes, gifts, postcards, and knickknacks that they would not generally buy if they were in their home country. The mentality becomes “I am an out of towner and I should buy something to remember this trip by”. Ultimately, the tourism industry makes the retail industry as profitable as it is. While much Irish marketing is done within the country, it is easy to see why tourism contributes so much to the overall economic success of Ireland (IGD). Ireland has strong financial footholds in the trade industry, making the banking and financial sector very stable. Ireland has not seen a financial crisis in decades, and its tourism, trade, and export industries all add to its continued wealth as a country. This type of economy is ideal for ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Ireland and Gazprom: study in Economics and Business Risk and Rewards Term Paper”, n.d.)
Retrieved de https://studentshare.org/business/1390286-term-paper-on-russia-and-gazprom
(Ireland and Gazprom: Study in Economics and Business Risk and Rewards Term Paper)
“Ireland and Gazprom: Study in Economics and Business Risk and Rewards Term Paper”, n.d. https://studentshare.org/business/1390286-term-paper-on-russia-and-gazprom.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
The core functions of the organisation comprise exploration, production, shipping, processing and marketing of natural gas along with purifying crude oil. Gazprom primarily operates the business in Europe, having headquarters in Moscow in Russia. The organisation was established in the year 1993 as a joint stock business.
8 Pages(2000 words)Assignment
Economics for Business Decisions
The idea of this research emerged from the author’s interest and fascination in such economy’s area as production and cost. For many corporations, a major portion of the cost of production is fixed in the short run. The author answers such questions: Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?
13 Pages(3250 words)Term Paper
Institutional economics
Capitalism is a method in which an individual or a private organization manufactures the products and services with an objective to generate profit. Profit and wages are the two common forms of income in a capitalist system. As different people have different mindsets, therefore, different viewpoints by economist, political economist and historians have come under consideration when capitalism is under allocution.
4 Pages(1000 words)Term Paper
Motivation, Rewards Systems and Employeee Performance
Rewarding employees in different ways boosts their morale and enhances their input in realizing the aims of the organization. Several motivational factors have been addressed by scholars and the consequences on the aggregate organizational performance. The increasing competitive gap that is shown by some firms in various industries in the contemporary society is significantly related to the employee performance which is in turn pegged on sound human resource management.
5 Pages(1250 words)Term Paper
Business Writing.... Career Study Project
In this report, HR recruiter career that fully fit into the Holland’s Conventional personality type is explored in detail (Farr & Shatkin, 2009). The information collected from various websites and literature has been summarized and evaluated, discussing this particular career in order to enhance the existing services MCC already offers.
8 Pages(2000 words)Term Paper
conomic slowdown is threatening the international system like never before and the concern is that International Trade may suffer as a result of protectionist measures adopted by the governments of the world as a response to their shrinking economies. I argue in this paper
8 Pages(2000 words)Term Paper
1.3 Natural monopoly…………………………………………………. 5 2.1 Economy of Africa …………………………………………. 6
6 Pages(1500 words)Term Paper
r, in the recent past, GDP as a measure of economic activity has come under sharp criticism for not putting into consideration other various significant aspects of the economy. A lot of extensive literature, both empirical and theoretical has been prepared by various notable
5 Pages(1250 words)Term Paper
International Economics
Its share in global trade in merchandise doubled but due to Asian crisis it slowed down in 2008-09. The "processing trade" came into effect where the trade is done in intermediary products,
5 Pages(1250 words)Term Paper
Coca Cola Total Rewards Program
The Coca Cola Company is the leading beverage Company with a portfolio of $20 billion brands.They are leading provider of ready-to-drink coffees as well as teas, juice drinks and juices, and sparkling beverages across the world. The Company at present provides more than 1000 low-calorie and no-calorie products across the globe.
10 Pages(2500 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Term Paper on topic Ireland and Gazprom: study in Economics and Business Risk and Rewards for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us