Verslo aplinka Lietuvoje
CONTENT 1
INTRODUCTION 2
BUSINESS ENVIROMENT 2
BUSINESS ENVIROMENT IN LITHUANIA 3
COSTS REDUCTION FOR INVESTORS 4
EU STATES INVESTMENTS PROMOTION AGENCY SIMILARITIES 4
ATTRACTION OF INVESTMENTS PRIORITIES 4
INDUSTRY 5
REGIME OF TRADE 6
CONCLUSIONS 7
INTRODUCTION
Lithuania now has a functioning market economy. State has main market institutions and the foundations for economic development: the rule of law, the conditions for competition and private property. The country has stable macroeconomic situation and economic, financial, social and employment policies. Lithuania is state of open economic, it is implementing an export-oriented development model. High level of education for business guarantees quality workforce.
BUSINESS ENVIROMENT
Internal business environment – all factors directly linked to the entrepreneur opportunities, it is consumers, mediators, competitors, labor resources, and so on. Each user is different in their taste, character, desires and habits. Only after analyzing user you can give him what he wants, what he can evaluate and what he cam afford. It is important to understand what determines the user’s choice: the price, the quality, delivery dates, service, personal contacts, political beliefs.
Another factor in the internal business environment – competitors. There are distinguished three types of competition:
- 1. Direct competitors – the competition between the same type of products. The main challenge is to offer better value to gain customers
- 2. Inderect competition – the competition when competing different products fulfilling the same need. Goal is to release offers and promotions to attract customers
- 3. Phantom competition – substitute products for same customers
- 1. Acts that define the conditions of competition
- 2. Acts regulating the actions of competitors
- 3. Acts regulating individual entrepreneur types of actions
- 1. The business environment is determined by a number of factors: the specific situation of companies and products on the market, the neighbors, infrastructure, business traditions and more. A huge influence made by government (at all levels – local, regional, central, European Union)
- 2. The government influences the business environment in these key ways: by setting the (institutionalized) „rules of the game”, a restricted manner (licensing, certification, etc.), collecting taxes, influencing international trade, carrying out monetary policy, itself part of a business, „encouraging” business
- 3. Joining the EU has a strong influence on international trade. Relations with the EU countries is much freer, but in relations with other countries – duties increased
- 4. Lithuania is creating a favorable business environment, which is further reinforced by the European Union funds allocated to infrastructure, the environment, small and medium-sized projects