Icelanders tend to dress formal in most situation. Informal social events, such as business dinner, will normally require at least a jacket and ties. If unsure, it is acceptable to ask a representative In comparison to most European cultures, Icelandic business culture is undeveloped which shouldn’t be a surprised since it developed from a small fishing economy into an advanced economy whose per-capita GDP in just a century. According to a study by Eyjolfdottir and Smith, Icelanders management
describes the Global economic crisis of 2008 and claims the United States financial services as one of the major contributors of Great Economic Recession; it overviews some of the historical factors, and changes of policies that have possibly caused the financial sector to fall into a corrupt state. This documentary is split into 5 parts; each part examines some of the major economic and political events, discusses the regulations, and relationships between financial services and the United States
when it declared total independence from Denmark. The constitution provides municipalities with the right to manage their own affairs. The constitution also guarantees equality under the law regardless of sex, race, and religion. The central Icelandic government has an executive branch, a legislative branch, and a judicial branch. The executive branch consists of the president, who does not have much executive power; the head of government, or prime minister, who, along with the cabinet has the