This paper tries to determine the main differences between Germany and Singapore and to answer the question what Germany can learn from Singaporean business culture.
Since the world is becoming more and more multicultural, international and connected, cultures and their components change over time. Modern companies of today, who are looking to do business in Europe and Asia are most successful when building up regional headquarters rather than focus on a specific market with country-specific headquarters.
In the past, Singapore became the predominant location for regional headquarters in Asia (especially South-East Asia) for various reasons. The former British colony provides all necessary aspects to attract foreign direct investments in conjunction with an English speaking environment. As of today Singapore became one of best and easiest countries to do business with in conjunction with a stable political environment.
The counterpart in Europe for Singapore is the export-oriented Germany. After its reunification in 1990, Germany became the strongest economic power in Europe and one of the strongest worldwide. With the focus on export to all continents, it is necessary to build up headquarters around the world to maximize the effectiveness. Today, about 1400 German firms are located in Singapore, which makes them an important partner.
Since multinational companies become bigger and more involved in different sectors, success in business will inevitably demand a change of corporate and business culture. Therefore it is important to understand foreign cultures and business cultures to better adapt to the foreign culture. Additionally improvements of other business cultures can be used and implemented into the own business culture.
Inhaltsverzeichnis (Table of Contents)
- ABSTRACT
- TABLE OF CONTENTS
- LIST OF FIGURES
- LIST OF ABBREVIATIONS
- INTRODUCTION
- DEFINITION OF BUSINESS CULTURE
- SINGAPORE
- CULTURE
- Beliefs
- Behaviours and Social practices
- Norms and Customs
- VALUES
- COMMUNICATION
- Meetings, Negotiations and Contracts
- Manners and Taboos
- CULTURE
- GERMANY
- CULTURE
- Beliefs
- Behaviours and Social practices
- Customs and Norms
- VALUES
- COMMUNICATION
- Meetings, Negotiations and Contracts
- Manners and Taboos
- CULTURE
- SIMILARITIES
- CULTURE
- VALUES
- COMMUNICATION
- DIFFERENCES
- CULTURE
- VALUES
- COMMUNICATION
- CONCLUSION
- REFERENCES
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
The aim of this thesis is to analyze the similarities and differences between German and Singaporean business culture. The paper seeks to understand the concept of business culture and its two core components, ultimately drawing conclusions on what Germany can learn from Singaporean business culture. The analysis is divided into three main topics: culture, values, and communication, with further subheadings exploring each topic. The study outlines similarities and differences between the two cultures before concluding with a final analysis.
- Understanding the concept of business culture and its components.
- Comparing and contrasting German and Singaporean business cultures.
- Analyzing the similarities and differences in cultural beliefs, values, and communication practices.
- Exploring key insights and lessons that Germany can learn from Singaporean business culture.
- Drawing conclusions based on the comparative analysis of the two cultures.
Zusammenfassung der Kapitel (Chapter Summaries)
The thesis begins with an introduction defining the concept of business culture and its two core components. The paper then delves into the intricacies of Singaporean business culture, examining its cultural beliefs, behaviors, norms, values, and communication patterns. The third section focuses on German business culture, again exploring beliefs, behaviors, norms, values, and communication practices.
The next chapter compares and contrasts the similarities between the two cultures in terms of their beliefs, values, and communication practices. Following this, the thesis explores the differences in cultural beliefs, values, and communication practices between Germany and Singapore.
Schlüsselwörter (Keywords)
The main keywords and focus topics of the text include business culture, cultural beliefs, values, communication, Germany, Singapore, comparison, analysis, similarities, differences, and intercultural learning.
- Arbeit zitieren
- Anonym (Autor:in), 2016, What Germany can learn from Singaporean Business Culture, München, GRIN Verlag, https://www.grin.com/document/460848
