The Cultural Challenges Of Doing Business Overseas

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Submitted by InfoQueenReg on November 30, 2007

  • Category: Business
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The Cultural Challenges Of Doing Business Overseas

The Cultural Challenges of Doing Business Overseas
When a young American entrepreneur like Steve Kafka is seeking to expand his Chicago style pizza business overseas into his home country of the Czech Republic, then he must understand the various levels of complications that he can potentially face. Some of the business challenges that Mr. Kafka will need to address are; adapting to cultural differences, understanding the cost structures in developing a business plan and exit strategy when things don’t go very well.
Major differences and incompatibilities between the U.S. and Czech cultures
One of the most challenging aspects in doing business internationally is...

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