Kafka Economics

An Ameri weed company expanding themselves in a polar solid ground can be extremely risk of exposurey and as a certification owner Steve Kafka go a track have a stool of difficulties to overcome. Steve feels very confident in the success of his hot origin becaexercising he was able to successfully establish a eating house n Chicago. Steve is preparing for similar problems that he approach with his first franchise in Chicago with his new franchise in Czechoslovakian body politic. Steve feels that with the support of his friends and his knowledge of the Czech Republic he will be able to quickly discernment an understanding of the agriculture as well as the people. For Steve to be successful he must be very strategic with his handicraft decisions as well as lift taboo in comity the heathenish differences. Are there major differences and incompatibilities between the U.S. and Czech cultures? result theses differences create major business risk for Steve? How mi ght Steve assuage these risks? There are several(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 cuisine 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 cosmosness on time the Czech democracy is setoffing to s piti able adjust to Western civilization in regar! ds to eating out. A good marketing strategy for Steve to use is to keep his prices low so that he can captivate the younger press and as his popularity grows and profits increase he can the start raising the prices. What Comparative advantages exist in the Czech nation? Can Steve take advantage of these? ane of the first comparative advantages that come to mind is of course is wages. With comparative advantage being defined as the ability of a...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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