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The Cultural Challenges Of Doing Business Overseas

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Title: The Cultural Challenges Of Doing Business Overseas

Essay Details:

Subject: Business

Author: Frederick D

Date: May 15, 2012

Level: University

Grade: A

Length: 4 / 1080

Essay text:

The traditional four culture dimensions are power distance index, individualism, masculinity, and uncertainty avoidance index. The Czech Republic became a democratic nation January 1, 1993 after being under communist rule for 75 years. The Czech Republic is in a state of transition from communism to democracy, a country cannot change its culture overnight. Still today, the communist ideals influence the culture of the democratic Czech Republic. The highest-ranking culture dimension for the Czech Republic according to Geert Hofstede is uncertainty avoidance. The world average score is 64, the Czech estimated score is 74, the United States score is 46 (Hofstede)...

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