Most famous composers in Italy are renaissancecomposers Palestrina and Monteverdi, the Baroque composers AlessandroScarlatti, Corelli and Italy is known formany of the artistic and intellectual trends globally. Some of the famousartists of their time are Leonardo daVinci, Michelangelo, Raphael, Botticelli, Caravaggio, Arcimboldi, Donatello,Fra Angelico, Tintoretto, Bernini, and Titian (Italian Art and Culture, n.d.
).Italyalso has a unique customs and traditions. People greet each other withenthusiasm, yet still formal.
Air-kissing on both cheeks is a common hellogesture to people they know or when a relationship develops (Italy Guide, n.d.).As well as Italians frequently between males give each other a pat on the backas greeting gesture (Italy Guide, n.
d.). Italian cuisine isviewed as a form of art by the food culture and by many people around theworld. Main Italian meals include a widerange of cheeses, Wine, and pasta (Zimmermann K. A., 2017).
Primaryreligion is Roman Catholic in Italy,there are “more Catholic churches percapita than any other countries” (Italy Guide, n.d.).Offices in Italywill have a cross or a religious statute placed in the lobby (Italy Guide, n.d.).Tradesand Professions have a patron saint and theculture has a high level of respect for older people, people who have achievedsuccess in businesses, and people who are in well- connected families (Italy Guide, n.
d.). Other religions inItaly is Protestant, there are Jewish communities and a Muslim immigrant community. (Italy Guide, n.d.).In thenorth, generally only the nuclear family lives together; while in the south,the extended family often resides together in one house.
Surrounded by family members provides emotional and financialsupport (Zimmermann K. A., 2017). Many companies in Italy’s economy are family owned business, small, mid-sized businesses, and even large business such as Fiat and Benetton (Zimmermann K. A., 2017). It’simportant as an investor to not disregardthe culture of a country.
Gaining insight intothe foreign country’s culture will help youunderstand the shared beliefs, customs, norms, and values of the country. About93% of the population speak the officiallanguage Italian (Zimmermann K. A., 2017).
Other commonlyspoken languages in Italy is Croatian, Greek Ladin, Slovene, German, French, Catalan, Sardinian, and English (Zimmermann K. A., 2017). Settings, where Englishand Italian are spoken in, is in business, dining, work, and school settings. Acountry that has a wide range of languages spoken is an advantage towardsbusiness because it’s very inclusive of people who speak a certain language.
One major characteristic of Italy isknown for is their “family-centric culture” and a strong setof family values (Zimmermann K. A., 2017). The family isvery important to the culture because the family is the center of the social structure and provides astabilizing influence for its members (Zimmermann K.
A., 2017). Family solidarityis focused on extended family rather than “the nuclear family” of just amom, dad and kids.Cultural InformationTheall-time highest of 6 percent in the first quarter of 1970 and a record low of-2.80 percent in the first quarter of 2009″ (Taborda, 2017). Italy ranks in the second quartile at 56 in the worldof being economic freedom in 2015. This indicates the risks involved in doingbusiness in Italy is moderately good standard rating 7.
30 out of 10 (Economic Freedom World Rankings 2015, 2016). Meaning that internationalbusinesses have a good amount of economic freedom to be able to avoid obstaclesand threats preventing business to trade and a freedom to import and exportgoods in and out of the country.