Germany has one of the biggest economies in the world when compared to other countries. This is a good market to tap because there is a constant flow of money available for spending on goods and services.
It was in 2004, in the United Kingdom’s when the then Labor government decided to make the studying of foreign languages voluntary. This as expected, has led to a fall in demand by young people wanting to learn a second language. Just in the last decade learning French and German has fallen by 50 percent.
These days, social media has had a great effect on business customer interactions. Any companies who have mastered the most effective way of using social media have reaped huge benefits economically. A good example of this was throughout the 2016 Grammy awards when Arby’s sandwich outlet came out with a well-known joke that Pharrell, the singer’s hat, looked like their company logo by placing a tag on him in a tweet with the Grammys. As a result there were more than 83,000 re-tweets.