STEPIN Factors of Russia

1. RUSSIA

2. MEMBERS
ARTI DEEKONDA - 1270
HILDA MERLINE - 1281
SUYASH KOTIAN - 1287
SACHIN MOTE - 1288
GEETA NAIDU - 1291
ANIRUDH SANGHI - 1305
SHIMSI SURESH - 1313

3. FACTS ABOUT RUSSIA
 Russia a country located in northern Eurasia
bordering Artic Ocean.
 Geography is diverse including vast forests,
tundra and mountains.
 Russia was a part of Soviet union.
The capital of Russia is Moscow.
 The population of Russia is 143 million

4. Cont….
 After 1991, Russia became an active participan
in globalization process.
Russia is the 5th largest economy in the world
and is a leading exporter of oil and natural gas
Russia is China’s eighth largest trade partner
Russia is among the 30 economies that
improved the most.

5. STEPIN
Factors Of Russia

6. SOCIAL FACTORS
 Relationships & Communications
 Business Meeting Etiquette
 Business Negotiating
 Dress Etiquettes
 Business Cards

7. TECHNOLOGICAL
FACTORS
Information Technologies
Medical technologies and pharmaceuticals
Computer Market
Telecommunications Market
Energy Efficiency and Fuels
Nuclear Power Engineering

8. ECONOMICAL FACTORS
Market Economy
Planned Economy
Rawmaterialbased
economy
Differentiatedproduction&
serviceeconomy
Free Raw
Materials
New Economic
Superpower
2nd World New Soviet

9. POLITICAL FACTORS
Centralized Political Power
Decentralized Political Power
Autocracy
Democracy
Return To
Dictatorship
Democratic
Superpower
Strong Regions Strong Federation

10. INTERNATIONAL
FACTORS
 Corruption
 Transparency
 Business Environment
 Success
 Challenges
 Commandments

11. NATURAL FACTORS
Certain Factors needs to be taken care of
while starting up business in Russia.
 Waste
 Sustainable Development of Raw Materials
 Emissions

12. RECOMMENDATIONS