Success and failure of firms are enabled and constrained by the different rules of the game. Each country has its own rules, it is important for companies to do their homework. Companyies successâ and failure around the globe are largely determined by their environments.
Guide to Iceland weather in August The average maximum daytime temperature in Iceland in August is a cool 12Â°C (54Â°F). The average night-time temperature is usually a cold 7Â°C (45Â°F). There are usually 5 hours of bright sunshine each day, which represents 29% of the 16 hours of daylight.
Iceland's Climate Iceland cannot be considered a warm place by normal standards, but thanks to the Gulf Stream, temperatures are usually moderate all year round. Average temperatures in July are about 12 degrees C in Reykjavik and it is usually a bit warmer in the north and east of Iceland.