Italy - Research Paper - 10557 Words

TABLE OF CONTENTS Introduction and Country Background 1 Culture 4 Economy 12 Standard Operating Practices 18 SWOT Analysis 27 Conclusion 40 References 42 Introduction Country Background Geographically, Italy is comprised of a peninsula that extends into the Mediterranean Sea, as well as two large islands. The shape of Italy has been depicted as a ‘boot’ in many cartoons and drawings for years. The country covers over 116,000 square miles, making it approximately the combined size of Florida and Georgia. (Killinger, 2002) Italy is a democratic republic that has a current population of around 60 million people, making it the twenty-third most populous country in the world. Italy†¦show more content†¦Italy is also the fourth largest tourism earning nation in the world and the fifth most visited country. (Economy of Italy, 2010) Italy is currently said to be in a recession, with industrial output dropping 6.6 percent in the last year. The shutdown of factories has been announced by Fiat in the wake of falling car sales. Italy is referred to as the â€Å"sick man of Europe† due to political instability, lack of infrastructure development and economic stagnation. The average annual rate of growth in Italy is 1.23 percent compared to the 2.28 percent average growth rate in the EU over the last ten years. In January of this year unemployment hit 8.6 percent yet it is predicated that Italy will pull out of its recession by the end of 2010. (Economy of Italy, 2010) Culture Values and Norms Since World War II, Italian society has profoundly changed, with a significant impact on daily life. One of the main elements of change is the more visible role women play in society outside the home, such as increased participation in higher education and various professions. One aspect of this changed role is that Italy records one of the lowest average numbers of children per woman in the world, as well as some of the lowest birth and fertility rates. (Brittanica Online Encyclopedia) For Italian families, popular daily leisure activities include watching television, listening to the radio,Show MoreRelatedA Brief Note On Journalism And Mass Media Essay1371 Words   |  6 Pagesin the US but in Italy and all over the world in today’s culture. The United States of America has twenty-five newspapers and Italy itself has seven different newspapers. The main number of newspapers are locally and/or regionally based. This shows Italy’s strong history. The most well-known national dailies are all Milan based. Corriere della Sera and Rome’s La Repubblica, followed by Turin’s La Stampa and Italy’s business news, Ii Sole 24 Ore. 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