...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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...Parenting is a lifetime responsibility. Every eleven minutes a woman is raped in Brazil. This is something that should make you stop and think. I will say this once again: every day 264 women are raped in Brazil. A rape is the worst possible thing a human being could ever experience. It is a nightmare no one ever wants to go through. However, this law allows a criminal offender to become a father, giving the villain the most precious gift of all gifts. The eighteen shortsighted men who wrote Pec 181 keep defending their claim because they have never been raped. They would be singing a different song...
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...TABLE OF CONTENTS 1. Executive Summary 1 2. Introduction 2 3. Cultural aspect to Communication 3 3.1. Cultural Contexts 3 3.2. Assessing Cultures through Hofstede’s Framework 4 4. Codes of Communication 6 4.1. Verbal Communication 6 4.1.1. Welcome topics of conversation 7 4.1.2. Topics to avoid 8 4.2. Non-Verbal Communication 9 5. Gift Giving 10 6. Causes of Cross-Cultural Communication Conflicts 12 7. Conclusion 13 8. Recommendations 14 9. References 15 Executive Summary Today’s world has gone global. This globalization has led to the collaboration among manufacturers of products, suppliers of materials and service providers situated across the globe. The markets are no more restricted to a specific region or a country. The boundaries and distances between the markets have vanished. Saturation in developed markets has led to exploration and exploitation of emerging markets. The expansion of geographic footprint is not happening only to meet business needs, but this is happening also to promote social causes (Education, Health Awareness) and to mitigate global risks (Global Warming). Therefore, for the purpose of effective functioning, there is a strong need to learn about Cross-Cultural Communication. It is true that any usage of an inappropriate word, an impression or a gesture can lead to serious business or social implications. These cross-cultural communication...
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...United Kingdom International Trade Kevin Hanske 3104007 INTERNATIONAL BUSINESS NETWOKING UNIVERSITY OF SURABAYA - FACULTY OF BUSINESS & ECONOMICS 2012 A. United Kingdom Overview United Kingdom Geographical Map The United Kingdom of Great Britain and Northern Ireland commonly known as the United Kingdom (UK) or Britain, is a centralized government or we can call sovereign state that located off the north-western coast of Europe. The country includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the UK that shares a land border with another sovereign state the Republic of Ireland. UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel and the Irish Sea. The UK is a developed country and has the world's seventh-largest economy by nominal GDP and eighth-largest economy by purchasing power parity. It was the world's first industrialized country and the world's foremost power during the 19th and early 20th centuries. The UK is still referred to as a great power and retains considerable economic, cultural, military, scientific and political influence internationally. It is a recognized nuclear weapons state and its military expenditure ranks fourth in the world. The UK has been a permanent member of the United Nations Security Council since its first session in 1946. It has been a member of the European Union and its predecessor the European...
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...There are many ways to get rid of the items you no longer want. Most people choose to simply throw them in the trash. There are those who will recycle them for the greater good of society or give them for free to those who need it. This has lead to a new way of giving and saving the environment. Below is a study on the success of Freecycle.org and the reasons why more companies like them are needed. The success of Freecycle.org can be attributed to many different factors in our society today. We are a society of excess. We are continually buying more and more goods to either replace something that was broken or to fill our wants and needs. In this process there is a great deal of items to either be thrown away or given to those who could use it. The economic crash in 2008 did not help the situation either. More and more people are in dire need of products for either very low costs or hopefully free. Spending frugally and obtaining things for free is ideal in the world we live in today considering how much excess is thrown out. Living on Ohio State's campus showed me clearly that every year, students had too many items than what they truly needed to survive day to day. And with that would come the inevitable flow of truck after truck of people going through dumpsters or replacing the bulk pickup that the city provides for free. The environment can also be a majorly attributed to their growth. The effects of improper disposal can lead to surface water retention...
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...Valentine's Day customs developed in early modern England and spread throughout the Anglosphere in the 19th century. In the later 20th and early 21st centuries, these customs have also spread to other countries along with other aspects of American pop culture, but its impact so far has been rather more limited than that of Halloween, or that of US pop-culture inspired aspects of Christmas (such as Santa Claus). Due to a concentrated marketing effort, Valentine's Day is celebrated in some East Asian countries with Chinese and South Koreans spending the most money on Valentine's gifts. China In China, the common situation is the man gives chocolate, flowers or both to the woman that he loves. In Chinese, Valentine's Day is called lovers' festival (simplified Chinese: 情人节; traditional Chinese: 情人節; pinyin: qíng rén jié). The so-called "Chinese Valentine's Day" is the Qixi Festival, celebrated on the seventh day of the seventh month of the lunar calendar. It commemorates a day on which a legendary cow herder and weaving maid are allowed to be together. Valentine's Day on February 14 is not celebrated because it is often too close to the Chinese New Year, which usually falls on either January or February. In Chinese culture, there is an older observance related to lovers, called "The Night of Sevens" (Chinese: 七夕; pinyin: Qi Xi). According to the legend, the Cowherd star and the Weaver Maid star are normally separated by the Milky Way (silvery river) but are allowed to meet by...
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...Introduction to Balance of payments The Balance of Payments (BOP) is a measure of all the financial transactions flowing between one country and all other countries during a specific period, usually a quarter or a year. It is also the name of the official record of these transactions. A positive, or favorable, balance of payments is one in which more payments have come in to a country than have gone out. A negative or unfavorable balance means more payments are going out than coming in. The BOP is a major indicator of a country's status in international trade, and a reflection of its economic well-being or vulnerability. The balance of trade is one component of the balance of payments. It is also a sign of the productiveness of a people and a reflection of whether they are primarily producers or consumers. Producing nations grow while consuming nations eventually deplete their resources and collapse as fewer people are able to access them. IMF Definition The IMF definition: "Balance of Payments is a statistical statement that summarizes transactions between residents and nonresidents during a period. The balance of payments comprises the current account, the capital account, and the financial account. "Together, these accounts balance in the sense that the sum of the entries is conceptually zero." The current account consists of the goods and services account, the primary income account and the secondary income account. The financial account records transactions that...
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... in death. I don't think the word 'suicide' sits well in this context but we are stuck with it. Many have tried to popularize the term 'self-deliverance' but it is an uphill battle because the news media is in love with the words 'assisted suicide'. Also, we have to face the fact that the law calls all forms of self-destruction 'suicide.' Let me point out here for those who might not know it that suicide is no longer a crime anywhere in the English-speaking world. (It used to be, and was punishable by giving all the dead person's money and goods to the government.) Attempted suicide is no longer a crime, although under health laws a person can in most states be forcibly placed in a psychiatric hospital for three days for evaluation. But giving assistance in suicide remains a crime, except in the Netherlands in recent times under certain conditions, and it has never been a crime in Switzerland, Germany, Norway and Uruguay. The rest of the world punishes assistance in suicide for both the mentally ill and the terminally ill, although the state of Oregon recently passed by ballot Measure 16 a limited physician-assisted suicide law. At present this is held up in the law courts. Even if a...
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...GenieOnCall idea was conceived in his mind but never could implement it as was extremely busy serving the corporate from various countries. In his 14+ years of experience, he provided world class services to some big names in the corporate worlds, names like: - Dun & Bradstreet (D&B) - UK, Ireland, Germany, Australia, USA and Canada, ICC (Bisnode, now part of D&B) UK, Ireland, Germany, Denmark, Sweden and Norway, Business Pro UK and Ireland, Axciom USA, Verizon USA, Data National USA, Innovectra USA, Idearc USA, Lexis Nexis USA, BSI USA, Apex UK and many more. His areas of specialization have been Project Management (Analysis/ Transition/ Migration), Review (Projects/ Units/ Vendors/ Organisation), Business Continuity, Creation of Alliances, Business Development, Process Improvements/ Re-engineering, Operations, Costing and Projection V/S Billing, ISO-9001 and ISO-27001 Audit and Compliance, P&L for Projects/ Units/ Vendors, Feedback/ Coaching/ Mentoring, Capacity/ Recovery Planning. After serving the above mentioned customers, he moved back to Agra in year 2010. He then started giving consultancy to some of the European companies and also started working towards converting the concept GenieOnCall into reality with the motive to provide that helping hand to all the people whether at home or work, as everyone needs help. One question that did the trick in terms of working towards launching this concept GenieOnCall was "Have you...
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...From director Davis Guggenheim, An Inconvenient Truth is a passionate and inspirational look at former Vice President Al Gore's fervent crusade to halt global warming's deadly progress by exposing the myths and misconceptions that surround it. In this intimate portrait of Gore and his "travelling global warming show," Gore comes across as never before in the media - funny, engaging, open and intent on alerting citizens to this "planetary emergency" before it's too late. We people must take care of what we have, especially our only home, the planet which had the ability to grow and is capable of giving everything in existence, the one and only Earth. Earth’s nature is the most precious gift that God has given us, so in return, we must take good care of it and not ignoring its climate crisis. Based on the movie, it showed the facts of the differences of Earth’s topography and nature nowadays compared to the times long ago. The differences of the facts were caused by this intriguing global warming that alarmed all the people in the world. This global warming is the result of the gradual increase of greenhouse gases in the ozone layer, thus trapping the sun’s heat in the earth’s atmosphere. These greenhouse gases result from human activities like fossil fuel burning, and deforestation. By this, we cans see results like the melting of glaciers, permafrost, extreme weather events, species extinctions, changes in nature, and etc. Upon seeing this, it turned out to be a wake-up...
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...THE CASE 2008 | FULL VERSION CBS Case Competition Copyright © 2008 CBS Case Competiton www.casecompetition.com Thank you On behalf of CBS Case Competition 2008 the case writers wish to thank Bang & Olufsen A/S Interviews Alberto de Lucio, Head of Bang & Olufsen Southern Europe, B&O Carsten Sander, Senior Director Scandinavia and Baltic, B&O Flemming Møller Pedersen, Senior Director, Idea Factory, B&O Flemming Nielsen, Sales Director, Enterprise, B&O Henrik Messel, Senior Director, Technology and Platform, B&O Kasper Eis, Director, Global Marketing, B&O Lars Flyvholm, Director, Product and Business Management, B&O Lars Topholm, Securities Analyst, Carnegie Peter Petersen, Director, Business Innovation, B&O Peter Thostrup, Executive Vice President, B&O Torben Ballegaard Sørensen, former CEO, B&O Song, video and layout Pernille Zillmer (speak) Philip Vensby, Tranzistor Søren Raasted (property rights) Claus Winther Jørgensen, B&O Claus Hoelgaard Noer, B&O Jan Hegermann Skræddergaard, B&O Scott Neillands, B&O Thomas Vistesen Andersen, B&O Case test persons Bjørn Ruwald, McKinsey & Company Michael Wiatr, The Boston Consulting Group Simon Friberg Andersen, Userneeds Stefan Jung, Bain & Company Thomas Joachim Hansen, FIH Partners Thor Jørgensen, The Boston Consulting Group Bang & Olufsen: In a Time of Strategic Change The members of the Board of Directors and the management team met early one morning as they were entering the headquarters of...
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...e x e C u t i v e f o r u m LeadING WItH LoVe IN a FearBaSed WorLd John Hope Bryant I n the poor neighborhood where I was raised, as in so many communities in the country, petty thugs preyed on individuals, but white-collar criminals in fancy suits also preyed on people’s ignorance. Individuals with a low level of basic financial knowledge were and continue to be easy targets for what I call bad capitalism. payday loan for $800; by the time he finished paying it off six years later, after rolling this payday loan over countless times, he had paid $15,000 in interest on that $800 loan. these businesses are in many cases shortterm-oriented, purely transactional business models that add little value, and even deteriorate the customer base they purport to serve. these businesses are ultimately led by one thing: fear. People are afraid to lift themselves up, to lead themselves out of their situation, to think for themselves. Bad capitalism preys mercilessly on these fears. throughout my journey from the inner city to my work as a social entrepreneur, I’ve had a front-row seat for witnessing how fear destroys a community. But I’ve also learned that there is another way to live and to do business. It took almost 30 years for me to understand that the antidote to fear is love. For example, during the recent subprime lending boom, people making $25,000 a year were lured by unscrupulous brokers and lenders into taking out $500,000 loans with low initial teaser rates that...
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...Degree of Master in Fashion Management The Swedish School of Textiles 2012-06-01 Report no: 2012. 13. 21 Luxury Consumer behaviour Suvi Lukkarinen & Xing Wei - A Comparative Case Study of Emerging Luxury Markets in China and Finland Visiting adress: Bryggaregatan 17 Postal adress: 501 90 Borås Website: www.textilhogskolan.se Title: Luxury Consumer Behaviour -A Comparative Case Study of Emerging Luxury Markets in China and Finland. Publication year: 2012 Authors: Lukkarinen, Suvi and Wei, Xing Supervisor: Anita Radon Abstract The study on luxury consumers is always connected to their drives behind consumption. Why people buy luxury products is an interesting question. This thesis investigates influencing forces behind luxury consumer behavior, in a comparative case study on Chinese and Finnish consumers. Luxury consumption is not a new phenomenon, but in some countries, like China and Finland, the luxury market is still growing since many brands are newly entering these markets. At the same time, new generations have become luxury consumers so these markets are quickly changing. Researches have been made on luxury consumer behaviour in China and Finland. However, there is a lack of updated information available about this subject, especially about Finnish luxury consumers. Furthermore, the driving forces behind the luxury consumption are not the same in different countries. In a competitive industry like luxury fashion, the marketing tactics have to be adapted to specific...
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...Although on average over 60s have more disposable income to give, this is not the only reason for this statistic. This report will investigate not just how much people are giving but more importantly why some under 30s are not giving at all. If many of these 30 year olds are not giving now, what is to say they will when they are 60? Charities are going to have to adapt the way they appeal to the younger generation, through methods such as social media, to prevent the ‘industry’ from falling apart within the next 50 years. There were a number of reasons for this topic being of interest to me: I have been involved in a few sponsored events for charity, and the church I have been brought up in has had regular involvement with the charity world both in London and overseas. I am also interested in the long term in doing some voluntary charity work abroad during a gap year. Is there evidence that something has to be done to engage the younger generation? Between 1980 and 2010 the total share of giving coming from the under-30s fell from 8 per cent in 1980 to 3 per cent in 2010, while the share coming from the over-75s grew from 9 per cent in 1980 to 21 per cent in 2010. This led the ‘Mind the Gap’ report to conclude that ‘The concern is what happens when the more generous older cohorts die out. If giving behaviour does not change among younger generations then participation and generosity both look set to fall’. There are currently 180,000 registered charities in the UK all...
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...Although on average over 60s have more disposable income to give, this is not the only reason for this statistic. This report will investigate not just how much people are giving but more importantly why some under 30s are not giving at all. If many of these 30 year olds are not giving now, what is to say they will when they are 60? Charities are going to have to adapt the way they appeal to the younger generation, through methods such as social media, to prevent the ‘industry’ from falling apart within the next 50 years. There were a number of reasons for this topic being of interest to me: I have been involved in a few sponsored events for charity, and the church I have been brought up in has had regular involvement with the charity world both in London and overseas. I am also interested in the long term in doing some voluntary charity work abroad during a gap year. Is there evidence that something has to be done to engage the younger generation? Between 1980 and 2010 the total share of giving coming from the under-30s fell from 8 per cent in 1980 to 3 per cent in 2010, while the share coming from the over-75s grew from 9 per cent in 1980 to 21 per cent in 2010. This led the ‘Mind the Gap’ report to conclude that ‘The concern is what happens when the more generous older cohorts die out. If giving behaviour does not change among younger generations then participation and generosity both look set to fall’. There are currently 180,000 registered charities in the UK all...
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