ABB is a company which has headquarter also in Czech Republic. Czech Republic is a country with democratic legal system. The power is divided in three parts: legislative, executive and court which are mutually balanced and democratically controlled. The constitution of Czech Republic includes some insurance, which have to help to restrict state power and prevent to abuse the power especially in human rights. ABB Ltd. was established as a limited liability company and its foundation had to make a quite a lengthy process operations, which the law requires. A limited liability company is based drafting and signing the social contract. According to Commercial Code should be the social contract written in the form of notarial deed. Then provide a deposit which is 200 000 kč. Another operation is necessary to obtain a trade license to the subject of his business by the Small Business Act to business trade manner. The next step is for registration of incorporation. Filed with the competent registration court and signed by all directors, who must alia, satisfy the conditions for § 6 of the Act. No. 455/1991 Coll. Trades Act§ 8 of Act No. 455/1991 Coll. on Small Business and Commercial Code § 38 l. Company registration in the Commercial Register in fact there is a limited liability company. Since that date the company comes the obligation to keep accounts and register with the Tax Office.  Czech Republic is a member of European Union, so it means that legislative of Czech Republic is not only just legislation in the country but the ABB Company has to obey laws of European Union. EU approves directives, which have the legal power over its member states, which must be respected and included in its legislative.  Podniková ekonomika 1
The first macro economic data which we examine is the evolution of GDP because it has impact on the dynamics of business environment. Growth of GDP has the positive effect on sales...