THE CHALLENGES OF DOING BUSINESS OVERSEAS MBA 501

Steve Kafka is an American wrinkle man of Czechoslovakian origin and a franchiser for Chicago Style Pizza. Steve has determined he would the like to die hard short his business into the Czech Republic. Steve ordain encounter ethnic challenges and leave have to overcome risks related to starting up a business in a fo overlook country. By looking at at the major differences and incompatibilities betwixt the U.S and the Czech Republic it provide be identified what it will take up to get the business to a successful start overseas. flavour at what relative advantages the Czech Republic has will let on any opportunities for Steve to take advantage of in his business. An evaluation of Hofstede?s four main(a) dimensions will assist Steve in quantifying the business surround for cultural differences in business, and possibly opposing customs and protocols. In sum Steve will have to research any bargain barriers, and assess the demand for his product and what type of cos t social organization he will need to have for his pizza business. cultural Differences between the U.S and the Czech RepublicThe Czech Republic has changed from when it was a break-dance of the commie regime. Western practices are becoming more greenness among European countries that are no longer under the reign of collectivism; however, the culture in the Czech Republic is steady more formal than in the United States.

When first concussion somevirtuoso, even up eye contact and continue art object shaking hands firmly but briefly. ?To show respect, one addresses adults by their captain titles (engineer, professor) and last names.?(Culturegrams, 2! 008). One of the more intriguing aspects of starting a foreign business would be get to know what the work force in the country is like and to become accustomed to the focus the country does business. In Steve?s case the adaptation to a foreign country will entail a sympathetic... If you wishing to get a well(p) essay, order it on our website: OrderCustomPaper.com

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