BUS 320 – Family Business in Italy

Formerly called MGMT 320 – Family Business in Italy

Description
Family businesses have long been the motor of Italian economic development. Is there something in the fabric of Italian society that leads to such a high proportion of family businesses? Are there lessons to be learned for family businesses elsewhere? This course will answer these questions and more by exploring the trends in family business and entrepreneurism, the challenges that they face, the keys to their success, and the future, bright or otherwise, of these businesses/ This course will focus on achieving a solid understanding of the theory of family business, what makes it successful and what threatens its survival, through classwork, site visits, and by examining a number of world-class Italian family businesses, to understand the secrets of their success.

Objectives and Outcomes
Upon completion of this course, students will be able to:
– critically Reflect on the Nature of Family Business;
– apply key business theory to an alternative context and display Cultural Intelligence in the interpretation of the results;
– display the ability to deal with the ambiguity of real business contexts;
– relate and reflect on business in this context to the domestic context.

Course descriptions may be subject to occasional minor modifications at the discretion of the instructor.

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