This paper gives a brief overview about essential differences between the German and American business culture.
Nowadays business is run globally and does not know any barriers. Trade and access to new markets are expanding, international mergers and acquisitions or joint ventures are increasing, business relations are getting strongly interconnected worldwide. Therefore, managers have to take into account national and international regulations. Employees of multinational companies work in various countries for a certain period, students go abroad as interns in order to gain work and intercultural experiences. Countries all over the world are involved in business issues, includ-ing the differences regarding cultures, societies, and the way of doing business, that creates not only opportunities but represents challenges as well. Through globalization business faces many workplace related cultural differences.
Table of contents
1 Introduction
2 Current trade relations between Germany and the U.S
3 The understanding of culture
3.1 Hofstede's cultural dimensions theory
3.2 Hall’s cultural factors
4 Relevant differences for the German and American business culture and business relation
4.1 Attitude towards individual- and group work
4.2 Incentives for performance
4.3 Relation to workplace
4.4 Equality and strong hierarchy
4.5 Action focused approach and result orientation
4.6 Contact orientation
5 Further impacts
5.1 Employment and labor regulations
5.2 Health insurance
6 Conclusion
I. References
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