Cultural Challenges Of Business Overseas

Essay specific features

 

Issue:

Business

 

Written by:

Jean B

 

Date added:

October 2, 2012

 

Level:

 

Grade:

A

 

No of pages / words:

14 / 3703

 

Was viewed:

5211 times

 

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Essay content:

For 45 years, Communism dictated the rules of the Czech Republic. Employment was guaranteed, but the notion of ownership did not exist and entrepreneurial sprit was prohibited. In 1989 the Communist regime broke down and democratization immediately triggered an economic boom. This opened the door to franchising in the Czech Republic and in 1991 the first foreign franchise was established...
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This opened the door to franchising in the Czech Republic and in 1991 the first foreign franchise was established. Today many types of franchises are prospering in the Czech Republic, from restaurants, clothing and hotels to car rentals, household appliances and education creating a good opportunity for Steve to open a pizza franchise in this country...
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