PEST analysis on Germany - BUS448
PEST analysis is a management tool to assess the macro-factors analysis can be performed for companies, projects, and even countries that I finished a PEST analysis for Germany by Article is all about the factors that influence the analysis Germany PEST is an acronym for political, economic, social and technological I discuss all these elements in detail.
The Federal Republic of Germany consists of 16 states covering 357,021 square kilometers, the population is 81 8 million inhabitants Germany is among the major political powers of Europe in some areas, it is also considered the head of technology leader.
Germany is the fourth largest economy in the world, it is the 2nd largest exporter and 3 rd largest importer Over the years, the Germans established a very high standard of living and social security The nation is proud Germany has hosted many influential scientists and inventors but mostly, people familiar with the country's political and cultural history.
I can say much more about the country, but let's focus on the key elements of PEST below, I have listed the factors that have an effect on Germany.
Germany is a democratic republic functions of the political system through a system called Basic Law was published in the constitutional document 1949 The Social Democratic Party and the Christian Democratic Union leads the political system since 1949 the power legislative, judicial and executive power are the three wings that make up the German government.
The Constitution of the Federal Republic of Germany establishes the basic structure of government it dictates what the nation's value system should follow is the main source of authority following a system that has been done there so many years has effects on Germany.
Germany has relatively few raw materials It has only potash and lignite in a significant amount power plants burning lignite are among the main sources of electricity for the Germans is the leading producer of technology solar and wind most other resources, including natural gas and oil are other countries Germany imports about two thirds of its energy actually it is 3rd largest energy importer in the world.
The service contributes 70 of the industry sector contributes to GDP January 29 while the back of agriculture 0 9 Most products are in engineering automobiles, metals, machinery and chemicals are items which they take pride in German cities like Berlin, Frankfurt and Hanover hold the largest annual international trade fairs.
Popular global brands are BMW, Mercedes Benz, Adidas, Porsche, Audi, DHL, Volkswagen, T-Mobile, Lufthansa, Nivea and SAP Between 1991 and 2010, local companies were involved in 301 acquisitions and mergers 40.
As I mentioned above, Germany has about 82 million inhabitants which means it is the largest EU country in terms of population I would describe as a modern, multicultural countries, the company molded by a variety of lifestyles There are traces of some really different ethnocultural diversity Although many social changes occurred, the family is always the unity of the most important social reference youth really have good relationships with their parents.
Local architecture, music, literature, art and sport are areas that reflect the socio-cultural scene of Germany's unique architectural style of the country are the result of fragmentation over the centuries Some disreputable websites include abbey church of St. Michaels, Speyer Cathedral and the Cologne Cathedral in Germany has hosted numerous classical famous composers such as Ludwig van Beethoven, Johannes Brahms, Johann Sebastian Bach and Richard Wagner is booming on the market music.
German literature since the Middle Ages, it is world famous popular local authors include Johann Wolfgang von Goethe, Friedrich Schiller, Bertolt Brecht, Thomas Mann and Hermann Hesse Each year, the Frankfurt Book Fair, which is the largest book fair ever , was held.
Some of the best works of art were made in Germany is also popular for its long tradition in the impressive German innovations visual arts include printmaking, Gothic art and wood carvings Some of the Renaissance artists like Major Hans Holbein the young and Matthias Grunewald were from Germany.
Many international sports events have represented Germany in the past This includes the World Cup, Formula, Summer Olympics, ice hockey and tennis tournaments is one of the leading motor sports countries it manufactures auto brands like BMW and Mercedes.
Germany supports the national science and technology in many ways it is home to independent laboratories There are national laboratories and private research The industry supports several important types of research and development, the Ministry of Science and technology is an organization that coordinates and decides on priorities for national science and technology programs in Germany.
The Natural History Museum in Berlin mineralogy, geological, zoological and botanical components There are many specialized scientific societies concerned with agriculture and veterinary science, natural science, medicine and technology.
The position of Germany in the European Union has an outstanding scientific and technological components The country provides funding for a European wide research and development It also provides scientific and laboratory There are many universities and colleges countries that offer basic and applied sciences.
As I have mentioned several times in this article, the German automotive industry is its greatest strength of optical communication links, nanotech materials, and many other innovations may be used in cars of German car manufacturers hoping that computer assistance systems will make more comfortable and safer driving.
The analysis above us helps to understand that Germany is a very advanced country he spends a lot of money on research and development Their culture gives emphasis on music, literature, art and But sports, they value family more Germany is beautiful It is very peaceful nation, especially for conducting business people are educated and the standard of living is high, you should understand that this is a great country but it still has growth potential.
PEST Analysis for Germany, pest analysis, Germany, Federal Republic of Germany.