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General Information on Germany
Overview Germany Business Etiquette and Culture
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Etiquette The currency for Germany is the euro. At the time of conversion to the euro, the exchange rate was as follows: 1.95583 German marks = 1 euro. You should check for the current exchange rate at Onada.com and get a cheat sheet. The euro is the single currency of the European Monetary Union, which was adopted by 11 Member States from 1 January 1999. The 11 Member States are Belgium, Germany, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland. Greece became the 12th Member State to adopt the Euro on 1 January 2001. The name "euro" was chosen by the European Heads of State or Government at the European Council meeting in Madrid in December 1995. There will be 7 euro notes and 8 euro coins. The notes are in denominations of 500, 200, 100, 50, 20, 10, and 5 euro. The denominations of coins are 2 euro, 1 euro, 50 euro cent, 20 euro cent, 10 euro cent, 5 euro cent, 2 euro cent, and 1 euro cent. If you have used "foreign" currency in the past in your travels, you will find that, just like using than old national currency, it is pretty much the same. The real difference you will see is when you travel to other countries in the euro area. There will be no more currency exchange - which means no more exchange commission to be paid - no more time spent calculating price comparisons, and no more time wasted shopping around for the best exchange rate. Click on Quest for just about all the information you will need for the euro.
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Germany Business Etiquette and Culture Executive Planet offers a great resource for anyone doing business in Germany. There website guide to Germany business etiquette and culture covers many aspects of doing business in Germany. It is our goal to provide practical, accurate, and up-to-date tips on Germany business culture and etiquette, written by experts in business consulting in Germany. We encourage visitors to leave questions or comments on our discussion boards, moderated by experts in intercultural training and business. Your contributions help us make Executive Planet™ the most comprehensive resource on Alexia & Stephan Petersen business etiquette and culture on the Internet. This guide contains the following articles: Let's Make a Deal - negotiating tactics, the value of connections, recommended business card style and content, business card protocol, sitting and presenting yourself in meetings, language for brochures and promotional material, pace of business, preferred presentation styles, final agreements, thinking styles, adherence to company policy, and more on Germany business culture . . . Prosperous Entertaining - typical mealtimes throughout the day, best venues for business entertaining, punctuality for social events, dinner table seating etiquette, mealtime etiquette, importance of alcohol, toasting, guidelines for hosting a banquet/social event, what foods should be served/avoided, accepting and declining invitations, and more on Germany business etiquette. . . Appointment Alert! - typical vacation times, recommended appointment times, length of the lunch hour, signals that indicate beginning or end of an appointment, best arrival time (early, late, right on time), and more on Germany business culture. . . Gift Giving - recommended gifts, gifts to avoid, good and bad colors for wrapping paper, how to present a gift to individuals and groups, guidelines for receiving gifts, and more on Germany business culture. . . First Name or Title? - using titles such as 'Doctor', naming conventions to avoid, when to use first names, and more. . . Public Behavior - how to greet strangers and introduce yourself, the rules for men shaking hands with women, acceptable demeanor, rules for eye contact, gestures/sayings to avoid, and more on Germany business culture. . . Business Dress - is dress modest, conservative, etc., specific dress requirements for men and women, what visitors should wear to social functions, and more on Germany business culture. . Conversation - welcome and unwelcome topics of conversation, the role of compliments, the tone of voice to be used, whether your hosts are physical or more reserved, and more on Germany business etiquette. For additional information, contact http://www.executiveplanet.com/index.php?title=Germany
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Date this page was last edited: Tuesday, November 18, 2008 14:27:42
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