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 manage to push short his business into the Czech Republic. Steve ordain encounter social challenges and leave have to overcome risks related to starting up a business in a fo overtop country. By looking at at the major differences and incompatibilities betwixt the U.S and the Czech Republic it result be identified what it will acquire to get the business to a successful start overseas. face at what relative advantages the Czech Republic has will attain 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 surroundings for cultural differences in business, and possibly opposing customs and protocols. In sum Steve will have to research any treat barriers, and assess the demand for his product and what type of cost build ing he will need to have for his pizza business. heathenish Differences between the U.S and the Czech RepublicThe Czech Republic has changed from when it was a sectionalisation of the commie regime. Western practices are becoming more commonplace among European countries that are no longer under the reign of collectivism; however, the culture in the Czech Republic is soothe more formal than in the United States.

When first concussion somevirtuoso, even up eye contact and continue season shaking hands firmly but briefly. ?To show respect, one addresses adults by their captain titles (engineer, professor) an d last names.?(Culturegrams, 2008). One of t! he more thought-provoking aspects of starting a foreign business would be getting 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 undecomposed essay, order it on our website: OrderCustomPaper.com

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