...Phaedra Elliott Professor DuBois International Business 300 6/6/2011 Country Analysis: Italy Introduction: Each country had it own history of economic policies and political climates that make it a good idea to invest in. Countries that have been in existence for centuries and have sustained a power within the entire world are usually the best choices to engage in business with. When determining the business it was unanimously decided that the partners wanted to start a makeup venture in a part of the world where there is a rich historical and profitable market. The partners looked at many factors in deciding which country to choose, which included personal backgrounds and knowledge of international business and countries, and decided on Italy. While none of our partners have prior knowledge of the Italy the country seemed to be the best option in order to have a profitable business. The partners set out with the goal to have the business succeed and flourish in Italy. In order to do this we had to look in depth at many factors that would contribute to the partners starting a prosperous business. While many people believe that finances are the key to success, in reality factors such as history, culture, politics, economy, and the market are vital to understand if a lucrative business is to be achieved abroad. History: Italian history is a rich and interesting one. It began with the Greeks settles in the southern tip of the Peninsula in the 8th and 7th centuries...
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...Unification of Italy Q: Describe & Explain the Unification of Italy. The Unification of Italy divides in to 3 main stages: 1815-1830: Revolts all over Italy. Revolts are suppressed. 1848-1849: Revolts all over Italy. Revolts are suppressed. 1858-1870: The unification of Italy Introduction To understand the unification of Italy, matters before the revolution need to be examined. Up until 1716, Italy was just a big piece of land divided among small kingdoms of monarchs. (ref. H.O. #1 p.29) When napoleon Bonaparte conquered Italy, he left them 3 things, which were probably the key characteristics in the revolution: - Efficient Government. - A practical demonstrations of the benefits from a unified Italy - Hatred towards foreign influence. After the fall of Napoleon, the major European powers (Austria, Russia, Spain, United Kingdom, & Prussia) what was to be done with Italy, which was conquered at the time by Napoleon. It was thus decided that Italy would be divided among different monarchs, all associated with the Habsburgs (except for Piedmont Sardinia, which was to be ruled by Victor Emmanuel, an independent monarch, and Papal States, ruled by the pope.). (ref. H.O. #1 p. 29-30) Austria had very strong domination over Italy. It had agreements with Ferdinand, king of Kingdom of the 2 Sicilies, and helped the pope maintain his kingdom. Only Piedmont Sardinia wasn't influenced by Austria (ref. H.O. #1 p. 30). 1815 - 1830 Revolution Almost all "'Italians" hated the foreign...
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...Foreign Country Assignment ITALY Table of Contents INTRODUCTION................................................................................Page 3 LOCATION.........................................................................................Page 3 POPULATION.....................................................................................Page 3 LANGUAGE.......................................................................................Page 4 BUSINESS CULTURE........................................................................Pages 4-6 CURRENCY........................................................................................Page 6 EXCHANGE RATE..............................................................................Page 6 TRADING ALLIANCE..........................................................................Pages 6-7 ECONOMIC ENVIRONMENT..............................................................Page 7 POLITICAL ENVIRONMENT................................................................Pages 7-8 MORE INTEREST (FOOD)..................................................................Page 8 BUSINESS MODEL.............................................................................Page 8 Italy has been a nation-state since “1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II”.(World Factbook) Italy is a member of the North Atlantic...
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...Unification of Italy Q: Describe & Explain the Unification of Italy. The Unification of Italy divides in to 3 main stages: 1815-1830: Revolts all over Italy. Revolts are suppressed. 1848-1849: Revolts all over Italy. Revolts are suppressed. 1858-1870: The unification of Italy Introduction To understand the unification of Italy, matters before the revolution need to be examined. Up until 1716, Italy was just a big piece of land divided among small kingdoms of monarchs. (ref. H.O. #1 p.29) When napoleon Bonaparte conquered Italy, he left them 3 things, which were probably the key characteristics in the revolution: - Efficient Government. - A practical demonstrations of the benefits from a unified Italy - Hatred towards foreign influence. After the fall of Napoleon, the major European powers (Austria, Russia, Spain, United Kingdom, & Prussia) what was to be done with Italy, which was conquered at the time by Napoleon. It was thus decided that Italy would be divided among different monarchs, all associated with the Habsburgs (except for Piedmont Sardinia, which was to be ruled by Victor Emmanuel, an independent monarch, and Papal States, ruled by the pope.). (ref. H.O. #1 p. 29-30) Austria had very strong domination over Italy. It had agreements with Ferdinand, king of Kingdom of the 2 Sicilies, and helped the pope maintain his kingdom. Only Piedmont Sardinia wasn't influenced by Austria (ref. H.O. #1 p. 30). 1815 - 1830 Revolution Almost all "'Italians"...
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...Multinational Italy 2008 The “Multinational Italy 2008” survey by ICE examines the activities of multinational companies that involve the domestic economy: the Italy-based multinationals and their foreign subsidiaries and the Italian firms in which foreign-based multinationals hold an interest. The sectors considered are: extraction and manufacturing; energy, gas, water; construction; wholesaling; logistics and transport; telecommunication services; software and IT services; other professional services. There are 7,152 Italian investee companies in which 3,961 investor companies own equity. Their employees in Italy total 852,741, while 2006 revenues of the investee companies was € 429,512 million. Controlling interests predominate, in this case, involving 92.1% of the companies, 91.1% of the employees, and 89% of total revenues. The foreign companies invested in Italy operate primarily in the service industries. The growth of investments in logistics and transport and in professional services reflects the trend of new infrastructure and the transition to services in the economies of the major industrialized countries and, at the same time, expresses the competitive superiority of international businesses in those sectors with respect to our companies. The wholesaling sector is also expanding, though at a slower rate, and is largely composed of the commercial subsidiaries of industrial multinationals. On the whole, however, the IT and telecommunication services sector...
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...Cultural Analysis of Italy I. INTRODUCTION Italy is one of the most crowded nations in Europe with a population of roughly 58.2 million. As country, it has much to offer its citizens and visitors. The capital of Italy is Rome (also known as the Eternal City) and is almost 3,000 years old. It has been the capital since 1871 and is home to the Dome of St. Peter's, the Sistine Chapel, the Coliseum, and the famous Trevi Fountain. They are well known for their culture and food, along with their easily recognizable shape as a boot. They are passionate about many things, including their food. When McDonald's opened in 1986 in Rome, food purists outside the restaurant gave away free spaghetti to remind people of their culinary heritage. The richness of its past and the 'live-life-to-the-fullest' attitude combine to make Italy a must-see travel destination. II. RELEVANT HISTORY Evidence of civilization has been found on the Italian peninsula dating far into pre-history. Thousands of rock drawings discovered in the Alpine regions of Lombardy date from around 8,000 BC. There were sizable settlements throughout the Copper Age (37th to 15th century BC), the Bronze Age (15th to 8th century BC) and the Iron Age (8th to 5th century BC). In the north of Italy, the Etruscan culture took hold around 800BC, while Greeks settled in southern Italy from 700 to 600BC, namely in Apulia, Calabria and Sicily (then known as Magna Graecia). The Roman Empire (5th Century BC to 5th Century AD) The...
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.............................................................................................................6 Long-term Orientation..........................................................................................................................7 Indulgence vs. Restraint........................................................................................................................8 Do's & Don’ts in Italy............................................................................................................................9 Bibliography........................................................................................................................................10 2 Power Distance The PDI (Power Distance Index) deals with the inequalities amongst individuals. It is defined as „the extent to which the less powerful members (…) within a country expect and accept that power is distributed unequally“ (Hofstede, 2013a). Therefore, a high PDI implies that hierarchy is important and that class division in society is accepted and normal. Italy has a PDI of 50, which means that it is positioned exactly in the middle of the ranking. Therefore, hierarchy and inequalities are accepted and managers, for example, get more benefits than their subordinates (e.g. reserved parking space, larger offices, etc.) (Hofstede, 2013a). Usually subordinates are not allowed to call their...
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...The Financial and Banking system of: Italy Presented In Partial Fulfillments of the Course Requirements for FIN 4634 International Banking Presented for: Marcos A. Kerbel Participating Adjunct Professor Department of Finance & Real Estate Florida International University Miami, Florida Prepared by: Lisandra Cabrera Panther ID: 3553624 Phone: 786-518-8234 Email: lcabr025@fiu.edu Reported dated: 7/21/2012 Table of Contents I. Geography ................................................................................................................................. 4 II. History of the Country............................................................................................................... 5 III. Country’s Financial System..................................................................................................... 6 a. History Overview ………………………………….................................................... 6 b. Present Monetary Laws and Regulations…………………………………………….. 7 c. Types of Financial Institutions operating in the country............................................... 8 d. The Central Bank ...………………………................................................................... 8 e. Bank Regulation............................................................................................................. 8 f. Commercial Banks Operating in the country ................................................................ 9 IV. Country’s...
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...Essay #1 Italy For this essay I am going to talk about Italy’s history and what I think makes Italy a great country for the culinary arts. The few things that I will be talking about are culture, ethnic foods, spice profiles, geography and topography. (Italy) (Italy) Geography – Italy is a little bit larger than Arizona, it is a long peninsula shaped like a boot it is surrounded on the West side by the Tyrrhenian Sea and on the East side by the Adriatic. It is surrounded by France, Switzerland, Austria, and Slovenia to the North. The Apennine Mountains form the peninsula's spine; the Alps form its northern boundary. “The largest of its many northern lakes is Garda (143 sq mi; 370 sq km); the Po, its principal river, flows from the...
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...Culture of Italy ← The famous elements of Italian culture are its art, music, fashion, and iconic food. Italy was the birthplace of opera,[3] and for generations the language of opera was Italian, irrespective of the nationality of the composer. ← Popular tastes in drama in Italy have long favored comedy; the improvisational style known as the Commedia dell'arte began in Italy in the mid-16th century[4] and is still performed today. Before being exported to France, the famous Ballet dance genre also originated in Italy. Fashion and Design ← The Italian fashion industry is one of the country's most important manufacturing sectors and one of the jewels in the crown of the "Made in Italy" brand. The majority of the older Italian couturiers are based in Rome. However, Milan is seen as the fashion capital of Italy because many well-known designers are based there and it is the venue for the Italian designer collections. ← Many of Italy's top fashion designers have boutiques that can be found around the world. Among the best-known and most exclusive names are Armani, Benetton, Fendi, Gucci, Versace, and Prada. Accessory and jewelry labels, such as Bulgari and Luxottica are also internationally acclaimed, and Luxottica is the world's largest eyewear company. Music ← From folk to classical, music has always played an important role in Italian culture. Having given birth to opera, for example, Italy provides many of the very foundations of the classical music tradition...
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...Italy is a country seeped in culture and a history that spanned thousands of years before it became a country. Italy was used for its location to aid with trade routes which made it a perfect route for invading armies. The Roman Empire in Italy was the first and last period of stability in Italy until 1861. It is located in southern Europe with 4 countries bordering it to the North and seas bordering it on the South, East, and West. Italy has multiple climates due to the mountain regions and the seas that surround it and yet still makes it an ideal tourist location. Italy has had a major impact on the world in regards to the arts, music, and culture. Its culture has been influenced by many different countries and is home to a wide variety...
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...Country Brand Management Italy Report 2012 CONTENTS Introduction 1 Strength Italy is situated is the center of the Mediterranean Sea. The main strength of geographical location is that Italy belongs to the coasts of four different seas (Adriatic Sea, Ionian Sea, Tyrrhenian Sea and Ligurian Sea). There are two large mountain ranges in Italy: Alps and Apennines. It is a big plus for tourism sector of the country. Tourism is one of the fastest growing and profitable sectors of the national economy. Italian climate is very different. It is comfortable to travel to this country in every season. If it is summer you can relax in a seaside resorts or take a rest near different lakes. Also in summer you can mountaineer. In winter it is possible to skiing. In autumn and spring you have an opportunity to visit the famous cities of the world cultural heritage. Cultural heritage is another strength side of Italy. Italian culture has a rich history that includes art, classic architecture, popular traditions, and customs. Includes links to trends in Italy today as well as resources on folklore, history, and artistic traditions. Italy has many environmental problems and it took a long time to confront these. One of strengths in this sphere is that now Italy is one of the world leaders of producing renewable energy. Italy is a member of European Union (EU), of the North Atlantic Treaty Organization (NATO) and also of many international organizations...
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...part in the College of Architecture’s 2011 Italy Program will definitely be advantageous to my architectural career. Italy is home to centuries of architectural history. There are architecture from prehistoric and roman architecture, early Christian and byzantine architecture, Romanesque and gothic architecture, renaissance and baroque architecture, and now many modern architectural wonders. Studying in Italy will give me first hand experience of all this historic architecture that I studied. I will also be exposed to the language and culture of Italy making me a more diverse architecture student. Studying aboard will enhance the value of my Bachelors of Architecture degree. While aboard, I may gain a new academic interest and perspective on architecture. I will be able to take courses in a multicultural educational environment that are not available in the United States. This program will also add more value to my degree and therefore enhances my future employment opportunities. The world is becoming more globalized and employers are also looking for employees with diverse and international experience. Many large firms, such as HOK and USR, have offices internationally, especially in Italy, and studying abroad will improve my portfolio. However, if I decide to attend graduate school instead, studying aboard will also increase my chances of admission into the program. No matter what I choose to do with my experiences in Italy, I am sure that this program will add to...
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...Brazil and Italy have many similarities and many differences. One difference is that Brazil is located in South America while Italy is located in Europe. Therefore, these two countries would have different physical features and cultures. The climate, the food they eat, and just their everyday lives are completely different. Gaining its independence on September 7, 1822, Brazil is the largest continent in South America. Located on the eastside of the Atlantic Ocean, Brazil has a coastline of 7,491 km. It borders all other South American countries except Ecuador and Chile. The climate of Brazil changes from a wide range of weather conditions across a large area but most of the country is tropical. There is no real dry season, but there are...
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...Loud shouts, crowded streets, the smell of oregano in the air, this is how I remember my trip to Mulberry Street in New York also referred to as Little Italy. This little corner of the world felt like home to a small-town girl thrown into a big city. Although I did not like the hustle and bustle of New York, I would still like to go back to this area that provided the utmost comfort. At first, it seemed like endless amounts of people weaved in and out of the crowds making their ways through the street effortlessly. While I ever so awkwardly made my way down the sidewalk. After a while, I began to feel more comfortable once I started to notice some of the people around me. I have been slightly exposed to Italian culture so just the presence...
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