Submitted by lakuchumpa on July 5, 2008

• Category: Business
• Words: 1012
• Pages: 5
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Cultural Challenges Of Doing Business Overseas

Cultural Challenges of Doing Business Overseas
Doing business in various parts of the world requires the understanding of cultural differences. Some of those differences revolve around the importance the society assigns to status, personal accomplishments, and control of decision-making. The Czech Republic presents a very attractive environment for investments, however, coming from a communist bloc; there are still economic, social and cultural barriers that one should be aware of. With a good understanding of the cultural differences and economic environment of the Czech Republic, Steve Kafka can turn the challenges into opportunities and successfully extend his business.
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