Sunday, June 23, 2019
You can choose any country but I recommend (Italy) Essay
You croup choose any country but I recommend (Italy) - move ExampleEven though Europe claims to be having united identity the differences between neighboring countries can be much larger than countries across continents. Italy is divers(a) culturally, economically and politically (TDS 2012). The culture, administrative, geographic and economy (CAGE) distance framework helps the mangers to identify and assess the impact of distance on different industries.Cultural distance can impact trade (Ghemawat 2004) and language plays an important role. Italys language is unique and even though it is a part of Europe Union, English is not the plethoric language in Italy. Italy is homogenous linguistically (TDS 2012). According to Ghemawat trade between countries that share a common language is much higher than between countries without a common language.Italy maintains political or administrative distance as it focuses on protecting its domestic industries. The politics thereby does not enc ourage foreign cover investment (FDI) due to which cross-border competition is also limited. Competition leads to innovation and creativity but this remains unexplored in Italy. Divided into several regions, Italy has introduced some decentralisation to the government machinery but the regional governments still seek additional powers. However, frequent government turnovers have left the political condition quite unstable in Italy. International trade has been impacted due to extensive corruption, massive government debts, and organized crime. The country has been besieged with political scandals. Because of poor government policies and institutional weakness, government involvement tends to be high in sectors such as electricity, farming and telecommunications (Ghemawat 2004). Because of the government policies in Italy cross-border competition is low which hinders growth and development.Geographically, however, Italy is well positioned as it has a huge coastline and is bounded b y countries such as France,
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