Business Culture in Spain Essay examples

745 Words Apr 27th, 2011 3 Pages
Abstract I chose to profile Spain and their business culture in this paper. In 1986 Spain joined the European Union which significantly increased their economy. If you are going to do business with the people of Spain it is important to understand their work relationships and business practices.

Business Culture in Spain Spain is a country in southwest Europe with about 46 million people. The national language is Spanish, or Castilian Spanish. In the interior the summers are clear and hot, while in along the coast they are cloudy and moderate. The winters in the interior are cold and cloudy and along the coast they are cloudy and cool (Agency). Spain’s business hours are more Europeanized than ours here in the United States.
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Looking fashionable and smart is a big part of making a good impression (Business and Legal Solutions in Spain).
Some of their popular industries include textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools, tourism, clay and refractory products, pharmaceuticals, medical equipment. Spain’s most common trading partners are France, Germany, Italy, Portugal, China and the UK. (Agency)
Spain’s economy is not doing well. Even before the latest crisis unemployment was reaching the level of the Great Depression. More than 20% of Spaniards who are of working age are unemployed which leaves Spain with the highest unemployment rate in the whole European Union. If the economy of Spain fails, it will have a significant impact on the world’s economy. Spain accounts for 11.5% of the eurozones GDP, and is the fourth largest economy in the 16 nations that make up the eurozone (Snyder, 2010).
Spain does not take bribery lightly; they are dedicated to fighting bribery in their country. Spanish officials have signed an agreement with the Organization for Economic Co-operation and Development (OECD) to help outlaw bribery and to teach developed nations the tools and motivation to detect bribery (Spain Political and Legal System-Bribery Laws).
Women of Spain were traditionally homemakers but they are found throughout the business and political world more

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