Doing Business Overseas

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  • The Challenges of Doing Business Overseas

    1505 Words  | 7 Pages

    The Challenges of Doing Business Overseas Introduction Steve Kafka is an American business man of Czech origin and a franchisor for Chicago Style Pizza. Steve has determined he would like to extend his business into the Czech Republic. Steve will encounter cultural challenges and will have to overcome risks related to starting up a business in a foreign country. By looking at the major differences and incompatibilities between the U.S and the Czech Republic it will be identified what it will

  • The Cultural Challenges Of Doing Business Overseas

    998 Words  | 4 Pages

    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 United States, he has family and friends in the Czech Republic, speaks Czech fluently, and has visited the country

  • Cultural Challenges of Doing Business Overseas

    1045 Words  | 5 Pages

    Challenges of Doing Business Overseas Abstract The research conducted within this document will look at the various areas considered by someone before venturing in to another country for a business, regardless how well he or she know the specific business. As the information is gathered as well as imported in to tables for visual comparison, one can see that there are many similarities and the possibility of success via such a business seems possible. Cultural Challenges of Doing Business Overseas

  • The Cultural Challenges Of Doing Business Overseas

    1152 Words  | 5 Pages

    The Cultural Challenges of Doing Business Overseas Globalization and overseas business expansion has brought about the need for in-depth understanding of culture differentiation. When conducting or contemplating cross cultural business ventures, it is important to understand the culture before communicating one's desires. This paper will focus on the cross cultural challenges of doing business overseas, with special attention being placed on the Czech Republic. The Situation Steve Kafka, an

  • The Cultural Challenges Of Doing Business Overseas

    1674 Words  | 7 Pages

    Introduction There are many challenges to doing business in the U.S. and there are additional challenges that occur when the decision is made to do business in a foreign country. In this paper I will discuss the challenges Steve Kafka will face as he opens his business in the Czech Republic. Per the information given to me in the assignments, Steve Kafka is an American of Czech origin and he a franchisor for Chicago Style Pizza. He has decided to expand his business into the Czech Republic, knowing this

  • The Cultural Challenges Of Doing Business Overseas

    1977 Words  | 8 Pages

    Challenges of Doing Business Overseas The fall of the Soviet Union in 1989 and the Velvet Revolution ended Czechoslovakia turbulent political history, and establishing democracy. The Czech Republic is embracing the western style models of political and economic reform. In addition the Czech Republic made an agreement and is now a member of the European Union. This will increase their potential for expanding markets and creating an ideal environment for foreign trade and business investment opportunities

  • The Cultural Challenges of Doing Business Overseas

    1897 Words  | 8 Pages

    The Cultural Challenges of Doing Business Overseas The decision to expand a business outside of an individual's own culture has many difficulties. There are many reasons why an entrepreneur wants to take on this responsibility. Some wants to have the chance to expand their business and others view it as a challenge. In this case we will focus on Steve Kafka. Steve Kafka, an American citizen with Czech origin has decided to open a franchise Chicago Style Pizza in the Czech Republic. Although

  • Cultural Challenges In Doing Business Overseas

    1184 Words  | 5 Pages

    The Cultural Challenges of Doing Business Overseas Many young American entrepreneurs are seeking to do businesses internationally. Some entrepreneurs want to expand their businesses and the others want to challenge their skills. When young American entrepreneurs launched their businesses overseas, they assumed that money would help them to overcome any obstacle because the value of U.S. Dollars is higher than most of the countries' currencies. Due to this faulty assumption, many American businesses

  • The Cultural Challenges of Doing Business Overseas

    1576 Words  | 7 Pages

    The Cultural Challenges of Doing Business Overseas Introduction For an American company to be successful overseas with business ventures they have to take risks in making business decisions which can be challenging. 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 great deal of difficulties. Steve anticipates he will face

  • The Cultural Challenges Of Doing Business Overseas

    1336 Words  | 6 Pages

    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

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