Cultural Challenges of Doing Business Overseas
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Title: Cultural Challenges of Doing Business Overseas

Essay Details:

Subject: Business
Author: Willa H
Date: January 1, 2015
Level: University
Grade: A
Length: 7 / 1874

Essay text:

The paper will present the cultural differences between US and Czech culture that Steve must be aware of, the comparative advantages that exist in the Czech Republic, as well as the macroeconomic and investment factors, trade barriers for his country of origin. Based on this analysis, Steve will be able to successfully conduct his new business, knowing how to mitigate the risks that may be involved because of the cultural differences, as well as how to asses the cost structure and the demand for his product. Differences and Incompatibilities between US and Czech Cultures The cultural differences between Czech Republic and United States stem from their unique historical evolution across centuries, from their specific traditions, structure of population, geographical position, surrounding peoples and cultures, and traditional cultural and economic ties with other countries...

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