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The Cultural Challenges of Doing Business Overseas
Introduction
There are several challenges such as the impact culture and management practices to succeed overseas with business ventures for an American Company that takes the greatest risks in making decisions. In this Scenario, Steve Kafka, an American of Czech origin and a franchisor for Chicago Style Pizza, has decided to expand his business into the Czech Republic. He knows it is a risky decision; when he became a franchisor, he had to overcome a lot of difficulties. Steve anticipates he will face some of these difficulties again at the new location in Prague, Czech Republic. Although he was born in the U.S, he has family and friends in the Czech Republic, speaks Czech fluently, and has visited the country of his origin several times. Even though he knows the people and culture, he has to take considerations and evaluate the cultural differences between the U.S and Czech Republic.
Major differences and incompatibilities......
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Title: The Cultural Challenges Of Doing Business Overseas
Approximate Word Count: 1336
Approximate Pages: 6 (250 words per double-spaced page)
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