Academic Master

Business and Finance

Business Culture in Germany

Wind turbines and solar panels are increasing day by day, and different sources are there to get benefits from such renewable energies, the idea of our business about use of solar energy (green energy), will not only benefit healthiness but also help to make economy strong. Before starting any business in any specific area, you first have to study their business culture. As, our group’s idea is to use of solar panel in, we have to study that how German culture perceive business, what are their business etiquettes and rules.

Germany is a country with a stable economy so, it stands with symbol of reconstruction, modernization and technology, this is a reason Germany often associated with high class brands. So, Germany is categorically a hub or main center of business activities. Germans are often defined by non-Germans with some potentials like German business-men are very punctual, practical, Stick to point, precise, unsympathetic, target or future oriented, proud, dutiful, well-organized, plan-oriented, confident, authoritative, rigid, straight, bureaucratic, trained and professional in their respective field, self-confident, strong, humorless, ethical, trustworthy and organized, these are traits that can vary from person to person. All above mentioned traits are very important part of their business culture. Moral actions are appreciated everywhere in world, but there are some business ethics specifically in Germany which you have to follow because of German business culture.

  • Punctuality is very obligatory in Germany, whether you are somewhere for business meeting or social. Being late is very insulting to any punctual German.
  • Shake hands before and after meeting, specifically in business culture.
  • Considering business ethics, for any meeting business suits are defined in Germany.
  • Germans are individualistic.

The most significant German business cultural standards are;

Value to Rules and Organizations, before starting any business there are some legal actions or legal procedures which we have to take to avoid future mishaps. Similarly, in Germany its business culture to assemble legal documents before starting business and to stick with rules.

Focus on Commitment, you have to focus or have to give time to the task or business you started, because mostly businesses are kind of contracts so, companies demand time and complete interest. Germans also demand reliability to avoid ambiguity. They communicate very explicitly and directly to others in business world. Before starting any business Germans study each and every fact and statistics regarding their business idea.

When we specifically talk about our group project its high level project for any community development, but this is what we call business. For our business idea, we all know that we need a lot of financial support, passionate support and approval from higher authorities. We will definitely need partners for our business who can help us and can corporate with us.

In conclusion, I would just say that we have to follow the instructions and principles made by different entrepreneurs because these rules are there for our betterment. Every culture has its ethics, beliefs and morals, before starting business first we have to admit values of that culture.

Few Questions to engage students

  • List down any 5 International companies invented by Germany.

Mercedes-Benz, BMW, Adidas, Audi, Siemens

  • Project which our group assumed as business, can any one of you list some of its advantages and disadvantages.
  • What can be cultural barriers before starting any business?



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