Doing Business in Spain Assignment Example | Topics and Well Written Essays - 2250 words

Doing Business in Spain - Assignment Example In this respect, a new business venture with the assistance of the marketing analysis is able to conduct operations in accordance with business opportunities (Katz, â€Å"Negotiating International Business – Spain†). Spain is a member of the ‘European Commission Community’ and the membership of European Union (EU) facilitated the country to conduct barrier-free trade operations. In this context, the country is able to perform business operations with better growth opportunities. Moreover, with the advent of globalization, the country has been able to perform sustainably with better transparency as well as efficiency (Katz, â€Å"Negotiating International Business – Spain†). The assignment intends to highlight an overview of Spain with regard to culture, education, labor market and economy. Additionally, an analysis is conducted with the aim of obtaining adequate information in relation to the business environments in the Spain on the basis of business culture, investment climate, major industries, legal aspects i.e. labor laws and other laws, business opportunities, process of starting a business in Spain. The analysis further helps to understand the significant areas about business opportunities. Spain is a member state of European Union and the country is officially recognized as Kingdom of Spain (Compare Infobase Ltd., â€Å"Spain Map†). Spanish culture is widely known for its Flamenco dance and music, beaches, bullfights and sunshine. Additionally, the people believes in developing relationship as well as respect (Don Quijote Salamanca S.L., â€Å"Spanish Culture†). Around 12% of the overall populations of Spain are foreigners of which around 47% belongs to European origin and rest is non-European. According to the article published by EURES, 60% of the overall populations of the country are identified as active workers. Spain has the fourth largest economy in the Eurozone in terms of business operations. Additionally, in terms of nominal