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Economics Essay

2637 words - 11 pages

om Maomb coMMUNITY COLLEGE |
Economic Dimensions Research |
Sweden's Economic Values |
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ECON 1160- C1607Proffessor MulderDecember 12, 2013 |
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In this research paper, there is going to be an insight into how cultures of various countries differ in the workplace. For this, I specifically chose the country, Sweden, to gain an aspect on how their culture and economic state to gain knowledge to see how they function today as an nation. Granted, there are numerous ways that culture can define how the workplace gives us insight to how to expand or sell a specific product. Also, I will give information on the given resources that Sweden provides its society and businesses. This ...view middle of the document...

Secondly, workplaces are combinations of numerous individual workers with different personalities. This will be the study of "Individualism." Hofstede describe individualism as how people see themselves, being as a whole or selfishness with society. There are two terms to describe this, "individualist society" and "collectivist society." Hofstede's research shows that Sweden is classified as an "individualist society." Citizens in Sweden look after themselves as well as their intermediate family. This will lead employers to hire workers based on the worker's worth to the workforce. Employed workers have a merit to gain rakings. This study shows that employees are independent and they are leaned upon to meet the company's standards.
As we get deeper in the five layers, we get to see how each layers gives us the results of the conclusion of Sweden's economic power distance. This leads us to how Sweden's society is driven. Hostede gives us two ways to describe a country based on how that society will be motivated to be the best (masculinity) or enjoying what you do (femininity.) In this case, Sweden is best described to be a feminine society. The quality of life is important in Sweden's culture. In most workplaces in Sweden, managers will show support and rely on their team to come to a conclusion of their task. This affirms Hofstede's research on Sweden's power distance. Employees are granted flexible work hours and workable working staffs. To see where these traits start from, Sweden is well known for their extensive negations to put disagreements to rest. This culture aspect can best be described as "in balance" , which gives each side equality. These points validate Holfstede's statement on Sweden's power distance.
Today, uncertainty in economics is undeniable with the recent downturn of the United State's economic problems. This has affected everyone globally. Hofstede explains to us that Sweden is not threaten by the unknown impact that the economy might have on society in the foreseeable future. This dimension shows that society in Sweden has a more relaxed attitude. Given their flexible working hours, they are only expected to exceed hard work when needed. Although innovation has been moving at a fast pace in the last few decades, Sweden's workers don’t seem fazed by it.
To finalize Hofsede's five layers of economic dimensions, we reach the definition of "long or short term orientation". The last four layers mentioned above tells us that Sweden is a short term orientation. Short term orientation defines Swedens's respect to carry on tradition, spending money, short time frame to see success, and seeing reality as it is. The thinking skills are normative and concise. These five layers of dimension described by Geert Hostede will lead us to defining if we could sell products to the citizen of Sweden.

PART TWO
As we move on from the economic dimensions of Sweden, we will begin to talk about Sweden's transportation that helps...

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