International Business assignment

International Business assignment - TABLE OF CONTENTS...

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TABLE OF CONTENTS INTRODUCTION 1 ITALIAN CULTURE 1 Italian History 1 Key Concepts and Values 2 Do’s And Don’ts When Dealing With Italians 4 LEGAL SYSTEM 4 Explanation of the Legal System 5 Legal and Labour Reforms 5 Taxation and Incentives 6 Real Estates 6 Legal Protection 7 POLITICAL SYSTEM 7 Explanation of the Constitution 7 Judicial Function and Changes in Italy 9 Regions of Italy 10 ITALIAN ECONOMY 11 Overview of Italian Economy 11 Investigation of Macroeconomic Variables 13 Analysis of the Italian Marketplace 14 I
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CONCLUSION 16 REFERENCES 19 LIST OF TABLES Table. 1 Percentage of the labour force by occupation 12 Table 2. Contributions from territorial divisions to economy 13 Table 3.Headquarters of worlds largest corporations in 2005 by country15 Table 4 : A Expenditure spend for R&D purposes as percentage of their capital 16 B Number of researchers per 1000 employees 16 II
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INTRODUCTION The purpose of this assignment is to help a manager in his decision whether to invest in Italy or not. To do so we divided this in four parts (1) Italian culture (2) legal system (3) political system and (4) economy ITALIAN CULTURE The first area of our study is examining the culture of Italy. To do so we divided this section in the following subsections: (1) Italian history (2) key concepts and values and (3) do and don’ts when dealing with Italians. Italian History United in 1861, Italy has significantly contributed to the cultural and social development of the entire Mediterranean area, deeply influencing European culture as well. Important cultures and civilizations have existed there since prehistoric times. After Magna Graecia, the Etruscan civilization and especially the Roman Republic and Empire that dominated this part of the world for many centuries came an Italy whose people would make immeasurable contributions to the development of European philosophy, science, and art during the Middle Ages and the Renaissance. Dominated by city- states for much of the medieval and Renaissance period, the Italian peninsula was eventually unified amidst much struggle in the 19th and 20th centuries. Italian is a Romance language spoken by about 63 million people, primarily in Italy and Switzerland. In both of those places, Italian is an official language (along with German, French and Romansh in Switzerland). Standard Italian was strongly influenced by the Tuscan dialect and is somewhat intermediate between Italo-Dalmatian languages of the South and Gallo-Italian languages of the North. Italy is an overwhelmingly Catholic country (Catholics make up for the 87.8% of the populations, with 36.8% considering themselves practicing Catholics and 30.8% attending Church every Sunday). However, there are also some important religious minorities. Therefore when doing business III
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in Italy for one to survive he/she has to respect Christianize and all the other religions. There is also a very good transportation system in Italy by which you can
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International Business assignment - TABLE OF CONTENTS...

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