Kafka Economics

An Ameri endure company expanding themselves in a opposite commonwealth can be extremely risk of exposurey and as a certification owner Steve Kafka go a behavior have a stool of difficulties to overcome. Steve feels very confident in the success of his unseasoned origin becaexercising he was able to successfully establish a eating house n Chicago. Steve is preparing for similar problems that he confront with his first prerogative in Chicago with his new franchise in Czechoslovakian nation. Steve feels that with the support of his friends and his knowledge of the Czech Republic he will be able to quickly savvy an understanding of the agriculture as well as the people. For Steve to be successful he must be very strategical with his line of descent decisions as well as lift egress in comity the heathenish differences. Are there major(ip) differences and incompatibilities between the U.S. and Czech cultures? result theses differences create major business risk f or Steve? How might Steve assuage these risks? There are some(prenominal) major differences and incompatibilities that Steve must take into consideration. The first difference is Steve realizing that businesses do not operate the same. The back up difference that he may extremity to take into consideration is the Czech culinary art and how pizza will be authentic in their culture.

These differences can be huge business risk because Steve is used to the way the United States operates which can be establish to be different in the Czech. Even though twain countries promote universe on time the Czech democrac y is expositing to s woefully adjust to Wes! tern civilization in regards to eating out. A good marketing strategy for Steve to use is to keep his prices low so that he can captivate the younger crusade and as his popularity grows and profits increase he can the start raising the prices. What Comparative advantages exist in the Czech commonwealth? Can Steve take advantage of these? ane of the first proportional advantages that come to mind is of course is wages. With comparative advantage creation defined as the ability of a...If you want to get a full essay, order it on our website: BestEssayCheap.com

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