Czech Republic Investment Analysis

Czech Republic Investment Analysis The Czech Republic is a politically stable environment and economically growing land with many incentives for a foreign investor like Steve Kafka. Opening a Pizza franchise in the Czech Republic should be a success considering the Czech passel concur already shown a taste for the Statesn franchises such as McDonalds. Steve pass on have to mitigate cultural differences and established competition from separate existing franchises. The U.S. and Czech Republic Cultures Compared Czech tillage differs from America in that they tend to be indirect and more nut. The Czech people are more unassuming and avoid opponent to maintain the social expectation of politeness. In addition, the Czech people are more structured and tend to adhere to rules and regulations which whitethorn appear to an American as slow moving. In drift for Steve Kafka to be successful in opening his franchise in the Czech Republic, he will have to be formal and patient. Being of Czech decent and having visited the country, Steve has the advantage of being pre-conditioned to the culture and social structure.

Hofstedes Four Primary Dimensions In assisting Steve Kafka in understanding the Czech business environment, Geert Hofstedes four cultural dimensions may be employed as a son of a bitch for evaluation. Hofstedes dimensions include power place, uncertainly avoidance, individualism/collectivism, and masculinity/femininity. Below is a chart from the Hofstede website that compares the U.S. and Czech cultures. The U.S. and Czech cultures differentiates specially in the areas of individualism and uncertainty of avoidance. As the power distance and uncertainty of avoidance indexes point out, the Czech people sparse toward a structured organization that follows rules meticulously. The Czech people sprawl from the American culture in the respect of lines of authority. Steve Kafka will have to understand he will have to be twain obedient to superiors and directive to... If you want to get a effective essay, order it on our website: Ordercustompaper.com

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