Introduction
The open market in the Czech Republic has opened the opportunity for Steve Kafka to invest in a franchise of Chicago Style Pizza. To be able to accomplish his new business venture Steve needs to identify differences and incompatibilities between U.S. and Czech Republic cultures. Steve needs to identify comparative advantages, apply Hofstede’s Fourth Dimensions in the Czech environment, learn how to deal in the Czech’s business environment and learn the opportunities and risks that he can encounter investing in the Czech Republic.
Major Differences and Incompatibilities between U.S. and Czech Cultures
Prague is the capital of Czech Republic a small place where word mouth reputation is extremely important. Good or bad news are spread quickly. The Czechs are usually more reserved than the Americans and this create nervousness in the Czech culture. To create a business relationship with the Czechs the person interested in a business venture must start slowly.......
Join Now or Login to view the rest of this paper.
Approximate Word Count: 1490
Approximate Pages: 6 (260 words per double-spaced page) |