The Ethnic Challenges to do Business in Czech Republic
Steve Kafka, an American of Czech origin and a franchisor for Chicago Design Pizza, has decided to expand his business into the Czech Republic. This individual knows it is a risky decision; when he became a franchisor, he had to overcome a whole lot of problems. Steve anticipates he will encounter some of these issues again in the new site in Prague, Czech Republic. Although he was born in america, he features family and friends inside the Czech Republic, speaks Czech fluently, and has visited the country of his origins several times. In other words, he is aware the people plus the culture. Or perhaps does he?
The evaluation will research how Sam can examine and review the United States together with the Czech Republic as it pertains to culture, businesses and cost elasticity of pizza. Employing Professor Hofstede's studies, Charlie will be able to have a better understanding of these and make wiser business decisions that will make him successful.
Czech Republic can be described as country in the middle of Biskupiec, poland, Germany, Austria and Slovak republic. It is a somewhat free economic nation nevertheless over that last two decades has developed positive economic reform (Czech Republic, 2008). Businesses and traders are drawn to the "strong and developing economy, fair and stable conditions, a knowledgeable workforce as well as the low cost of accomplishing business, (Czech Republic, 2008)" just to name a few. This will make an ideal decision for Steve since he has had the opportunity to learn the traditions. Of course Steve would have learned that foods like pizza happen to be popular in Czech so it will be not like it would be something new to them (Culture grams, 2008). The Czech Republic tradition would not seem strange for the United States. To tell the truth, they are little different by any means. Some of their cuisines may possess slight diversities however; they still want to eat quick snacks privately of the road just like various in the United States (Culture Grams, 2008).
Understanding the business side as well as the country culture can help build a better knowledge of how the business should enter into the company and exactly how the business should certainly operate and viewed simply by members with the community. According to Professor Hofstede, "Culture is more normally a source of conflict than of synergy.