Czech-saudiarabian business cooperation with consideration of cultural differences

The main objective of this bachelors's thesis is to analyse the mutual business cooperation between Czech republic and Saudi Arabia. I want to find out, what was the development of this cooperation in the past, what trend is typical for the present and based on this information I am able to determine, what development will be typical for the future. Also, I am going to focus on Arabic culture and I am going to try to find out, how this culture affects business cooperation. The thesis is dividend into four chapters. The first chapter is some kind of introduction of Saudi Arabia and is devoted to geographical and demographical figures, politico-legal arrangement, history of Saudi Arabia and membership of the country in the international and in the regional organizations. The second chapter is devoted to analysis of the economic situation in Saudi Arabia. I focus on the analysis of the main macroeconomic indicators, analysis of the individual sectors of economy and analysis of the international trade of Saudi Arabia. The third chapter is focused on the analysis of the business cooperation between the Czech republic and Saudi Arabia. In this chapter I apply to the development of the mutual cooperation, after that the analysis of the balance of the mutual trade follows, including the analysis of the czech export to Saudi Arabia and the other way around. In this chapter is also the part that is focused on the description of Czech entities operating in the markets of Saudi Arabia. In the last chapter I focus on the cultural specifications of Saudi Arabia, on their religion and the way of their life. This chapter includes also the analysis of Saudi Arabia based on the dimensions of Geert Hofstede or it includes also the part, which is devoted to influence of cultural differences on business cooperation