What Is a Policy Cycle? First, what is a policy? We know that a policy and procedure are two distinct entities. According to the dictionary, policy is a âdefinite course or method of action selected from alternatives and in light of given conditions to guide and determine present and future decisionsâ.
Steel and metal industry. 1  The German steel and metal industry includes the steel, non-ferrous metals, foundry and steel and metal working industries. 2  As a result of its innovative capabilities and high-quality products, the German steel industry has established itself as a leading producer in the European Union.
Being home to the modern car, the German automobile industry is regarded as the most competitive and innovative in the world, and has the third highest automobile production in the world, and fourth highest total motor vehicle production. Germany is the absolute leader of auto production in Europe since the 1960s.