The Cultural Challenges of Doing Business Overseas MBA/501 Dr. Ellen Szarleta-Instructor August 27‚ 2006 The Cultural Challenges of Doing Business Overseas Introduction For an American company to be successful overseas with business ventures they have to take risks in making business decisions which can be challenging. Steve Kafka‚ an American of Czech origin and a franchisor for Chicago Style Pizza‚ has decided to expand his business into the Czech Republic. He knows it is a risky decision;
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dictator. Totalitarian dictatorships strive to be in control over all the aspects of private and public behavior by influencing all of society toward all the common goals and policies of the government. When thinking of a totalitarian government a good example that comes to mind would be North Korea. They have a dictator that rules every aspect of the citizens lives. There is propaganda all over the place from the television to the text books that suggest that nothing is more important than the
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Before doing any type of business in China one must get familiar with the Chinese business culture. According to Hofstede’s analysis‚ China ranks very high in long term orientation‚ very low in individualism‚ high in power distance‚ and average in masculinity and uncertainty avoidance. In my opinion I still believe these behaviors or cultural dimensions are very accurate. The culture here believes in overcoming obstacles over time which is part of Hofstede’s long term orientation dimension. This
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networks that shape their business culture. It is important to learn and understand these critical components for doing business in China. It can be a confusing and fascinating experience for a westerner unfamiliar with Chinese customs and history. To learn the Chinese culture and history is to learn ancient Asian history. It is important that you do so. Confucianism and history play a major part in Chinese society and business today. Guanxi is the most critical component of business success in China. Guanxi
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RUNNING HEAD: THE CULTURAL CHALLENGES OF DOING BUSINESS OVERSEAS The Cultural Challenges of Doing Business Overseas Cristal Mitchell University of Phoenix Introduction To the average person‚ the idea of opening a pizza franchise in the Czech Republic sounds odd. Here’s what’s interesting: the franchising sector in the Czech Republic is steadily growing and the concept of franchising is becoming familiar to an increasing number of companies and individuals (www.factbook.net). American
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For small- and medium-sized businesses‚ digital communication with data‚ voice‚ and video is critical to performing day-to-day business functions. Consequently‚ a properly designed LAN is a fundamental requirement for doing business. Cisco 3-Layer Hierarchical Model Core - The core layer of the hierarchical design is the high-speed backbone of the internetwork. The core layer is critical for interconnectivity between distribution layer devices‚ so it is important for the core to be highly
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Chouinard who defines himself as a reluctant business man. He started his business as a way to climb and surf year long‚ seeking to build the best product to satisfy his passion. “Build the best product‚ cause no unnecessary harm‚ use business to inspire and implement solutions to the environmental crisis.” –Patagonia’s Mission Statement Patagonia grew out of a small company that made tools for climbers. Alpinism remains at the heart of a worldwide business that still makes clothes for climbing as
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Challenges of Doing Business Overseas Nancy Kelley University of Phoenix MBA 501: Forces Influencing Business in the 21st Century A. Lutz February 2007 Globalization and overseas business expansion has brought about the need for in-depth understanding of culture differentiation. When conducting or contemplating cross cultural business ventures‚ it is important to understand the culture before communicating one ’s desires. This paper will focus on the cross cultural challenges of doing business
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Debate the ethics of doing business in countries with totalitarian governments on the Discussion Board. Comment on opposing arguments‚ looking for holes and inconsistencies. Attempt to answer any arguments that are presented against your side of the argument. "In its 2006 country report on North Korea‚ Freedom House stated that‚ "North Korea is a totalitarian dictatorship and one of the most restrictive countries in the world." (Wikipedia‚ The Free Encyclopedia‚ 2007). Totalitarian government
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UNSW GROUP Memorandum MEMORANDUM TO: Dr.Hokyu Hwang‚ Chairman of UNSW group FROM: Benjamin Chung (Division Leader of Asia-Pacific Region) SUBJECT: Intellectual property considerations for entry into Chinese markets. Thank you for rewarding us the opportunity to the lead upcoming Chinese market project. As requested‚ we have prudently evaluated the situation‚ and I recommend that we immediately proceed and invest enormous consideration onto devising the upcoming market entry strategy for
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