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A look into the German economy
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Handling business in Germany with confidence can be tough for individuals who don’t comprehend its business culture. Germany is a society with strict cultural components that are clearly delimited; discipline, freedom, individuality, status, and respect are the evident components translated to a business. In Germany, history, management style, and also business structures and interactions are factors that make this country unique; the knowledge and understanding of these specific cultural boundaries can make the difference between success and failure in the business arena.
Regardless of the challenges that represent the integration of the former East Germany, and after overpass the European crisis in 2008 Germany's democracy and economy appears strong and healthy, low unemployment and high levels of exports. It is remarkable to note that Germany’s economic power is basically based in manufacturing. Few years in the past, recognized economists and sociologist criticize and sustain that the German model was weak, the social costs were thought to be way too elevated, and that the nation was not arranged to deal with this challenge, based in the possible outcomes created for the difference in the political system. Time demonstrated that a clear state policy and a legitimate government avoid the negative scenario, that is not the perfect one but allow Germany to overpass difficulties, continue working in the difficulties and maintained a political and economic systems reliable.
Businesses in Germany companies have a tendency to have rigorously hierarchical management structures where individual's specific roles and responsibilities are tightly defined and compartmentalized. Business are oriented to allocate the Top-management in small ...
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...ace where contractual agreements are secure and intellectual property is strictly protected. Organizations are highly structured whit specific procedures and rules. Adaptation to change is not easy; when change occurs has to be fail proof. The German though and planning process is very time intensive but once is developed is highly efficient. Roles and responsibilities are specific and communication is direct. As an extension of a culture, businesses also are goal oriented, at the same time business relations are strictly formal, status is given for ascription. The better knowledge of these patterns will give to managers the tools to develops successful business and the opportunities to reconcile dilemmas.
Works Cited
https://globalconnections.hsbc.com/downloads/country_guide-de-march-2013.pdf
http://nimolmuthe-portfolio.yolasite.com/resources/Group%20Project.pdf
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Corporate culture is the shared values and meanings that members hold in common and that are practiced by an organization’s leaders. Corporate culture is a powerful force that affects individuals in very real ways. In this paper I will explain the concept of corporate culture, apply the concept towards my employer, and analyze the validity of this concept. Research As Sackmann's Iceberg model demonstrates, culture is a series of visible and invisible characteristics that influence the behavior of members of organizations. Organizational and corporate cultures are formal and informal. They can be studied by observation, by listening and interacting with people in the culture, by reading what the company says about its own culture, by understanding career path progressions, and by observing stories about the company. As R. Solomon stated, “Corporate culture is related to ethics through the values and leadership styles that the leaders practice; the company model, the rituals and symbols that organizations value, and the way organizational executives and members communicate among themselves and with stakeholders. As a culture, the corporation defines not only jobs and roles; it also sets goals and establishes what counts as success” (Solomon, 1997, p.138). Corporate values are used to define corporate culture and drive operations found in “strong” corporate cultures. Boeing, Johnson & Johnson, and Bonar Group, the engineering firm I work for, all exemplify “strong” cultures. They all have a shared philosophy, they value the importance of people, they all have heroes that symbolize the success of the company, and they celebrate rituals, which provide opportunities for caring and sharing, for developing a spiri...
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To truly understand the German situation and its multiple struggles for unification, it is important to know the history of the present day Germany. This history is a very unique one, one very different from other European nations such as France and Britain. Therefore one can draw sharp contrasts between the process of national unification in Germany as compared to France or Britain. However, once established; “Compared with its historical precursors in England and France, industrialization in Germany occurred late, quickly, and thoroughly”. Early German history can be traced back to the House of the Hohenzollern. A family of German rulers, originating as a family of counts in Swabia in the 11th or 12th century. The Hohenzollerns ruled Prussia and eventually united and ruled Germany until the end of World War I. Their strong, rigidly disciplined armies gave Prussia a reputation for military excellence. During the 16th and 17th centuries, territorial rulers and city councils in Germany expanded their ...