...CULTURE BUSINESS CLIMATE- GERMANY Appointments with German Audience Meetings in Germany are strict agendas with their starting and ending times. Be sure you are on time for all you appointments with the German audience, that’s because Germans pride themselves on being excellent planners. If you show up 30 minutes too early, this is seen by the Germans as you either having poor planning skills or you are disrespectful of their time either way this diminishes your chances of doing business with the Germans. Casually changing the time and place of an appointment is not appreciated. If you show up too late, you definitely won’t get a chance for a second meeting with that German audience. Conversations The German society is highly fact oriented. Short and small talks with strangers does not have a significant place in German society. Giving compliments is not part of German business environment and can often cause embarrassment and discomfort, in fact, be taken with suspicion. This fact oriented culture makes a very clear distinction between time spent to develop business and personal relations. For that reason, even if you are staying for several days, don’t expect German colleagues to take you out every evening for dinners or an evening program. They usually will assume that you need to have time to yourself after business hours, since this has high priority for them in their culture. During the conversations, it is very important to maintain direct eye contact while speaking...
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...When guests became migrants and workers pensioners Term paper for “International Culture Management” Winter Semester 2012 Introduction This paper is divided into three parts. The first section of the paper reports about the personal experience of different cultural backgrounds from the perspective of turkish and German people. It refers to the different cognition of both parties during the first migration wave. Further it deals with the issues of integration into German society and the failure which caused isolation into turkish community districts like Koeln-Mühlheim. Today, Turks represent about 4-5% of Germany’s total population. What does the word “guest workers” exactly mean? A guest worker is defined as “An individual with special permission to work on a temporary basis in another country when a shortage of labor is an issue” (Business dictionary, 2012). Everything started when the recruiting agreement was signed on the 31th of October in 1961 by Turkey and Germany. By this time, Germany faced the highest demand on labour in history. The ”economic miracle”, the rapid reconstruction and development of the economy of West Germany after World War II, lead to the highest demand on the labour market in german history. To the same time Turkey suffered under mass unemployment and a constant growth in population. The recruiting agreement between Turkey and Germany was the start for a large-scale immigration of guestworkers. The requirements for acceptance...
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...Abstract Cultural challenges will occur when taking an American base company to doing business in Germany. Risks will need to be evaluated and overcome relating to the startup of a business in Germany. To identify these risks major differences and incompatibilities between U.S. and Germany need to be identified to guarantee the successful start of a business. Identify and evaluated opposing customs and protocols, cultural differences in business environment and research any trade barriers. Examine Germany’s meeting and greeting etiquette their beliefs and feelings of personal time and how they coincide with business. Understanding Germans culture, manners, economy and business practices will give a clearer vision on what to do and how to present oneself during a business presentation. These will all be discussed in the following pages to give a better picture on the customs and cultures on business etiquette in Germany. Introduction: The largest challenge in starting a business in Germany is to understand the way they do business and what the workforce is like. Being able to adapt to the cultural aspects of doing business in Germany requires understanding who they are and how they work. Germany is around the size of Montana with a population of 81 million people (export.gov, 2012). According to Robert Lee by a 2010 Central Intelligence Agency, Germany is the fifth largest economy in the world and the largest in Europe and the fifth largest trading...
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...Business in Germany October 15, 2013 Table of Contents Page Introduction 3 Purpose 3 Management Structure 3 Management Style 4 Communication 4 Presentations 5 Meetings 5 Business Attire 6 Entertaining 6 Twenty Tips for Germany 7, 8 References 9 Introduction Germany is one of the world’s largest economies and has a leading position in manufacturing and production. In Germany, greater attention is paid to academic, technical education and its value to business world. Knowing how to conduct business properly in Germany is an important key to closing a business deal. Purpose The purpose of this brief is provide the company’s businessmen with some basic information on conducting business in Germany. This brief will cover following information: Company Management Structures, Management Style, Communication, Presentations, Meetings, Business Attire, Entertaining and Twenty Tips for Germany. Company Management Structure German companies are very structured and that the majority of the power is in the hands of a few senior managers. In the larger companies they do have boards they have a Supervisory Board called the (Aufsichtsrat) which appoints the Management Board which is called (Vorstand). When it comes to these two boards the management board is the final decision maker on policy dealing with management (World Business Culture, 2013)...
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...policies, culture, and a recommendation with a supporting rational for the country selected. Global Financial Management Introduction Acme, a U.S. multinational enterprise, is planning the stages of establishing a Greenfield production facility overseas. Acme is expanding its international program. The two selected foreign countries for which the steering committee has proposed to start operations in are Germany and Japan. A comparative analysis between the two counties will include the currency of each country, trade policies, and cultural variables that can affect the operations and profitability of the production facility. This paper is meant to discuss which of the two countries are recommended to begin the production facility in. Germany Germany, a federal republic, has the largest population of all the European Union, or EU. Germany has the world’s third largest economy, and it produces automobiles, engineering products, electronic equipment, communications equipment, chemicals, and pharmaceuticals. The most widely spoken language in the EU is German (Germany, Europa, 2013). Currency / Trade Because Germany is a part of the EU, its currency is the euro. Germany has relatively few non-tariff barriers and has an intact three-tiered system of public, private, and cooperative banks. Germany has a heavily regulated labor relations and the launching a company with complete licensing requirements requires no minimum capital (Germany, 2013 Index, 2013). Culture Germany...
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...Defining Culture Paper GBM 480 University of Phoenix December 13, 2008 Culture in America can be compared to other cultures as being many different cultures rolled into one. “Es ist nichts schrecklicher als eine tätige Unwissenheit” (“There is nothing more terrible than ignorance in action”) (Goethe 1805). Unlike American culture, Germany the land of poets and thinkers is a culture shared by many members of society with many outside influences but with little internal differences. “Although there are different norms of national cultures, there is a good deal of variation among individuals making up the norm” (Daniels, Radebaugh, Sullivan 2007). The following paper defines the term culture along with examining the elements of German culture and how they impact business practices. Definition of Culture There are many times when people don’t understand why a certain people do certain things but they attribute it to a culture other than their own. It is easy to “blame” something on culture. Knowing what culture is exactly is not always as easy as a person might think. According to the Merriam-Webster dictionary; culture is the act of developing the intellectual and moral faculties especially by education (2008). It is also defined as “the integrated pattern of human knowledge, belief and behavior that depends upon the capacity for learning and transmitting knowledge to succeeding generations (Merriam-Webster 2008). Culture pertains to the activity of humans...
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...to Germany Prepared for Mr. Stephen P. Jones CEO of Grayhat Inc. Oklahoma City, Oklahoma, 73145 Prepared by Grayhat Inc San Antonio, TX 78245 October 04, 2013 Grayhat Inc. 1247 Industrial Drive San Antonio, TX 78245 October 04, 2013 Mr. Steven P. Jones, CEO Grayhat Inc. 10782 Skyline View Rd Oklahoma City, OK 73150 Dear Mr. Jones: In this document you will find the report you requested in August. I have provided the necessary information and made recommendations on a plan of action to expand Grayhat Inc. network security, software manufacturing, and distribution into Germany. My analysis of expansion into Germany covered several critical areas that will help you decide whether or not Grayhat Inc. should expand and build a manufacturing and distribution plant in Germany. To assist us in making that decision, I looked at the government, economy, culture, and competition. Germany is a technologically advanced country which has a stable economy. My research has led me to recommend expansion into Germany. I strongly believe that Grayhat Inc. can be profitable in the long term and become a successful business in Germany. Grayhat Inc. used several resources in forming my analysis. The Central Intelligence Agency's World Factbook, World Bank Group, and The Economist Newspaper were all helpful in answering my research questions. Thank you for allowing me to conduct research into Germany. If...
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...Hofstede’s Five Dimension comparison of Germany and China Hofstede’s Five Dimensions Hofstede’s five dimensions are a useful tool to give someone an insight of different cultures. These elements give a country’s behaviour tendencies rather than an exact prescription. There are weaknesses to Hofstede’s Five Dimension theory as it may too easily encourage stereotyping. Even in countries as small as the UK, not all citizens are alike – e.g. it is argued that the culture in the North of England is quite different to the South. Hofstede has also been criticized for being too simplistic; however Hofstede’s theory does give us a general base to work from. 74 countries are listed on Hofstede’s website from which information can be drawn to make comparisons not only between countries but against the world average to give a broader picture. The following graph gives a comparison between Germany and China. It also allows for assessment against the Asian average and World average and our own British culture as benchmarks. Hofstede Comparison: UK, Germany, China Asian Average and World Average [pic] Comparison of Germany and China [pic] Power Distance Index Germany 35 LOW China 80 HIGH Individualism Germany 67 HIGH China 66 LOW Masculinity Germany 66 HIGH China 66 HIGH Uncertainty Avoidance Germany 65 HIGH China 30 LOW Long Term Orientation Germany 31LOW China 118 HIGH Power Distance Index – PDI Power Distance measures equality...
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...Biotechnology Incorporated: Is expansion to Germany a good or bad ideal? At Biotechnology Incorporated we are looking towards globalizing our organization into other parts of the world. One of the countries that our organization Biotechnology Incorporated are considering expanding to is Germany. In this report I will go over the different factors such as the economy, political influences, language, culture, and cost of doing business in Germany. From the research I will gather I will give my opinion on wither Biotechnology will benefit from opening an office in Germany and the type of operation we will chose to do business in Germany. Germany and the Economy The Federal Republic of Germany is the European Union’s most populous country, the EU’s largest economy and the world’s fourth largest economy.8 According to the IMF, Germany has achieved a GDP of $US3.4 trillion in 2011, and enjoys a relatively low unemployment rate of 5.7% which is significantly lower than most EU countries.8 Germany’s economy remains strong, focusing on service sectors, science, technology, and specialized manufacturing and engineering. Germany is also a global leader in the development of environmental technologies, with a focus on energy efficiency and sustainability of resources. In Germany the biotechnology sector is growing at a steady pace. The reason for this growth is because biotechnology has become the basis and driving factor behind many applications in medicine, the food and feed...
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...B KEY TERM and WHY YOU ARE INTERESTED IN IT My focus country this semester is Germany. The German culture I believe is responsible for their success even after being beaten and bankrupt in two world wars. I chose dimensions of culture to help me investigate the differences in culture between Germany and other European countries who are struggling. EXPLANATION OF THE KEY TERM According to Satterlee (2014, p. 43) “The dimensions of culture may be categorized as Communication, Religion, Ethics, Values and Attitudes, Manners, Customs, Social Structures and Organizations, and Education”. In the late 1960s and early 1970s an IBM sociologist named, Geert Hofstede, studying the diversity of his company, concluded that aside from individuals, a country can have a culture or personality that can be scored and compared with other countries. His theory of cultural dimensions includes only five categories: Power distance, Individualism, Masculinity, Uncertainty Avoidance and Long Term Orientation (Dimensions of national cultures, 2015). MAJOR ARTICLE SUMMARY The article I selected is from the December, 2011, issue of the journal Online Reading in Psychology and Culture: International association of Cross-Cultural Psychology. The article is titled, ‘Dimensionalizing Cultures: The Hofstede Model in Context’ by Geert Hofstede. The article begins with Mr. Hofstede describing his work at IBM. In the 1967 to 1973 time period, Mr. Hofstede was given access to a large database...
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...Hofstede Analysis of Italy, Germany, France and USA 1. Dimensions of Management Culture Comparison Chart |Dimension |Italy |Germany |France |USA | |PDI |50 |35 |68 |40 | |IDV |76 |67 |71 |91 | |MAS |70 |66 |43 |62 | |UAI |75 |65 |86 |46 | |LTO |61 |83 |63 |26 | 2. Analysis of Section I Results Question 1. How do the dimensions of management culture of the 3 foreign nations differ from each other? There are varying variances between the different countries, Germany was well below Italy and France on Power Distance, indicating that “Germany is not surprisingly among the lower power distant countries…control is disliked and leadership is challenged to show expertise and best accepted when it’s based on it” (Hofstede Centre). However...
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...Doing Business in Germany September 12, 2015 Doing Business in Germany Conducting business abroad in Germany introduces a different culture and different practices. Before committing to doing business in Germany it is important to consider factors such as differences in location, language, culture, meeting etiquette, negotiation styles and business protocol. If these considerations are addressed before hand a business endeavor in Germany will have a better chance of succeeding (Varner & Beamer, 2011). Germany is a federal republic located in central Europe. Germany is the eighth largest country in Europe after Russia, Turkey, the Ukraine, France, Spain, Sweden, and Norway. It is located centrally on the European continent and borders nine other countries: Denmark, the Netherlands, Belgium, Luxembourg, France, Switzerland, Austria, the Czech Republic, and Poland (Chow, 2015). With the biggest population of all the European Union countries, Germany’s population density is one of the highest in all of Europe at over 230 persons per square kilometer. The UK, Netherlands, and Belgium are the only countries in Europe with a higher population density (Chisolm, 2011). The official language of Germany is German. As would be expected, the majority of German citizens speak German (over 100 million people). Some minority languages in Germany include Danish, Sorbian, Frisian, and Romany. Turkish, Kurdish, Polish, the Balkan languages, and Russian are the most commonly spoken...
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...Germany is located at the center of the European continent, sitting between the nations of eastern and Western Europe. “Germany is the third-largest nation in the European Union after France and Spain” (Gordon, 2005, p. 4). For this project I chose to interview a neighbor of mine, Edie Standorf. In this paper I will share some of the cultural norms that she shared with me and how life transitioning from a child growing up in Germany to an adult now living in the United States of America. I will also share with you some interesting facts that I was able to learn about while researching the German culture. Edie Standorf grew up in Germany as Edie Borret from 1927 to 1955. When she was 18 years old she chose to move to the U.S leaving the majority of her friends and family behind to start her new life. Edie stated that the process of becoming a U.S. citizen was long and frustrating at time but it was well worth the work involved. There was a year long application process through the American Consulate located in Munich Germany. She was required to pass a physical, could not be pregnant, or have any communicable diseases before she was able to enter the United States. Edie was required to have an American sponsor until she either reached the age of 21 or was married. Her sponsor was her cousin, Rosie who she lived and worked with during this sponsorship. When asked what Edie’s man reason for choosing to come to America was she stated that she came because one of her...
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...Introduction In 1997, Wal-Mart Inc had acquired 21 units of a well known chain of stores in Germany named Wertkauf. One year later, another acquisition deal involving 74 units of the market chain Interspar was negotiated between Wal-Mart Inc and Spar Handels AG. (Arndt, Knorr, 2003) The negotiations were a success, and through the acquisitions Wal-Mart had quickly evolved into one of the biggest operators in the German hypermarket industry. Though the first acquisition was considered to be a wise investment because of Wertkauf’s previous success, Interspar was not looked at the same way. The Interspar hypermarket chain was in serious need of financial reformation as the business itself was unprofitable. Wal-Mart did manage to improve the line of former Interspar hypermarkets; however other factors played a role in the failure of our expansion. This report will disclose non-financial aspects of Wal-Mart’s failure to succeed in Germany. Problem Statement Wal-Mart needs to adjust its business plan in a way that facilitates cultural understanding and adheres to the laws and regulations of Germany. Measurable Objective and Long-term Goal With a very small market share at 1.1%, (Sundarji, 2012) turnover of 2.9 billion Euros and further losses of 1 billion Euros, (Arndt, 2003) a long-term goal would be to make the business profitable, increase employee satisfaction and. An increase of the market share, elimination of debt, reversal of employee cuts and an increase in...
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...Germany is one of the greatest nation in the world history. However, many people have a negative orientation toward Germany and German people, mostly because of what Nazi Germany led by Adolf Hitler did in the second world war. Also, in many cases, the another reasons why people do not have positive thoughts about Germany is because of their pushy behaviors, how their language sounds like to non-German speakers, and their royal power for many years in Europe. Initially, like many countries around the world, Germany has done many wrong things, and at the same time, accomplished many great things. Although, the Holocaust is an irremovable stain for the country of Germany, they have lots of great accomplishment and cultural preservations that...
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