Home     |    Contact Us
Site logo
Sticky header logo
Mobile logo
  • Programs
    • VentureStart
    • VentureWomen
    • RBC EPIC Founders
    • RBC Founders Program – Fall Edition
    • Social Enterprise Coaching Program
    • NextGen CTO Program
    • VentureU
  • Competitions
    • RBC EPIC Business Model Canvas Competition
  • Events
    • Events Calendar
    • Law & Entrepreneurship SpeakHER Series
  • Facilities
    • Coworking
    • Makerspace
  • About Us
    • What is the EPICentre?
    • EPIC Team
    • EPIC Board of Advisors
    • EPIC Supporters
  • News
    • News
    • Blog
    • Newsletters
  • Blog

Cross-Border International Business class – trip to Italy 2014

April 7, 2015in Blog 0 Comments

Professor Jim Marsh, Director of Cross-Border Activities at EPICentre, led a group of International Business students on trip to Italy. Bora Lee, our EPICentre ambassador, sat down with the class to go over their experiences gained during the trip.

  1. How was the trip to Italy? What did you do and what did you learn?
  • Amazing – during the trip to Italy, we were able to speak to local companies and gain insight on how to conduct business in Italy.
  • The trip to Italy was fantastic. Although it was not my first trip to Italy, I got a completely different experience going with a business class for a purpose. We got to do many activities relating to my field of study – Engineering. Touring Maserati and visiting a company called Pietro Carnaghi gave us a feel for the industry and for doing business in Italy and with other countries. More information on the companies visited can be found here: http://www.maserati.com/maserati/en/en/index.html and http://www.pietrocarnaghi.com/en/index.html.
  • The trip was fantastic and eye opening. We are able to experience the local culture and see a whole new side of Italy. We got to go beyond the touristic path and see what life in Italy is like. I learned how life in Italy truly looks.

image1

  1. What would you recommend to a Start-up Company that would like to go international?
  • Starting a business on an international level in a European country could have many benefits. For example Italy is very central and has access to many countries in Europe.
  • Study the culture and consider the differences in how businesses operate (taxes, regulation etc).
  • Keep in mind the different business climate in Italy, the business process is shorter and they have a high demand. Similar markets don’t focus on competition too much.
  • Understand the local people and your market, be aware of who the decision makers are, do your research and be culturally inclusive (as an expatriate)
  1. What is the most difficult part of doing business overseas/internationally?
  • Start-up capital, achieving family balance when overseas, understanding the culture
  • Changing laws and regulations
  • Needing a different approach to adapt to diverse needs and culture. Marketing and sales strategic changes in each country
  • Unemployment, accommodating employees, culture, customs and taxes
  • Language barrier, cultural differences when conducting business, taxes and tariffs and competing with local businesses
  1. Would you recommend this course to other students?
  • Yes, certainly. It was so insightful and such a great group and professor. Definitely a unique experience!!!
  • Yes, I would recommend this class for upper year business students
  • Yes, I really enjoyed this class and would recommend it to anyone. Even not being in business, this class was great!
  • Yes, this course allows students to learn the concepts of international business and actually experience it. Great time and an amazing learning experience.

Venice

Connect with EPICentre

Categories

  • Blog
  • Competitions
  • Mentorship
  • News
  • Newsletters
  • Opportunity
  • Startups
  • Uncategorized

Archives

LOCATION

Joyce Entrepreneurship
Centre, 2nd Floor
2455 Wyandotte St. W.
Windsor, ON, N9B 0C1

MAILING ADDRESS

University of Windsor – EPICentre
401 Sunset Ave.
Windsor, ON, N9B 3P4

LINKS
  • HOME
  • ABOUT
  • EVENTS
  • MAKERSPACE
  • NEWS
  • CONTACT US
LATEST NEWS

2023 RBC EPIC Founders – Fall Edition Final Pitch Competition

February 6, 2023

2023 Blue Sky Competiton

January 30, 2023

Pearls On & Swords Up: NetworkHER Event Recap

January 30, 2023
E-NEWS SIGNUP
Loading
Copyright © 2023 | Privacy Policy | Website Design by Sebastian Agosta