Summary germany

Patel 2

Neel Patel

BUA 3345

Meghan Wright

September 4, 2020

Country Selection

Germany is the country I have chosen, and this is because the country is unique and this will let me have further insight into the details of how organized, well planned and high level of perfectionism when it comes to doing business. Germany also has relative mountains and forested hills on the central and the southern regions. In the north, the scenery flattens out to an extensive plain that bounces to the North Sea (Borisova et al., par. 4). Additionally, Germany enjoys a high level of diversity in a credible way. The German currency is Euro since 2002; this is the same currency for other 18 currency countries.

Germany is the fourth-largest economy in Europe, being the second biggest exporter and third-largest importer. Technological factors in Germany are taken seriously. Germany houses independent laboratories that have significant elements in business (Borisova et al., par. 5). The country is very advanced, and the state spends so much on research and development. Businesses are becoming better due to technology, which improves the profits for the business people. The country has a population of about 82 million residents, making it the largest country in terms of population in the European Union. Society has diverse ethnicities making it a haven for business activities.

Given the different factors described above, Germany has vast opportunities when it comes to location, technological improvement, and social factors that make the country a good business location (Borisova et al., par. 5). Additionally, the country’s population offers a rare opportunity when it comes to doing business. I strongly believe that it is a good place to venture into to achieve the objectives successfully.

Works Cited

Borisova, A. A., et al. "Economy Digitalization in Germany and Russia: Ethical Aspect." Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020). Atlantis Press, 2020. Para 4-7