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Italian Markert

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Submitted By Hannes123
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The Italian market Italian Culture and demographics In 2009 Italy had over 60million inhabitants, from which 2.6 million living in Rome, 1.3 million in Milan and 1.1 million in Naples (2004). It has the 5th largest population density of the European countries. The language that is spoken in Italy is Italian. Although Italy does not have a state religion, almost 90% of inhabitants are Roman Catholics. Italy has the largest per capita count of churches worldwide. 66% of inhabitants are within the age group of 15 to 64. Italian people can be viewed in terms of national character as collectivistic, since family is the centre rather than the individual. However Italian people are very self aware when it comes to appearance. The first impression is of great meaning. Appearance in terms of clothing, attributes and gesture represent, according to the national character, the social class, family statement and educational level. Since appearance is a great deal, Italians tend to be trendsetters in fashion and design, being the first wanting to have a newly available good Business Culture Italians prefer to work with people they know. Face to face contact is essential in having business conversations. Not only will the subject be formal business, asking and being asked about personal issues, family life etc. is done usually. Since intuition is the driving force of business decisions, a feel-good conversation is fundamental to convince parties. Italian Economy National GDP per capita Italy is higher than the the average EU GDP per capita, resulting in high standards of living. Although GDP did decline in 2009 as compared to its 2008 GDP, still on the world list of large economies Italy ranks 11th . The World Bank claims that Italy has a free business environment and categorizes Italy in the list of open trade and openness for investments. Italian Coffee
Italy is well-known for its coffee culture. In Milan alone there are thousands of espresso bars. But the Italian coffee culture differs from the rest of the world since it is very distinctive. Rather than having a coffee on the way in a plastic cup, Italians gather in their local espresso

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