Global Business Cultural Analysis Sweden

5422 words - 22 pages

Global Business Cultural Analysis: Sweden
Meghan P. Durrett
Liberty University


In this age of global business, organizations are driven to expand their boundaries, providing goods and services to an increasing number of countries and communities around the world. With that being said, the expansion of globalization plays an increasing role in a society's culture, particularly influencing a business organizations corporate culture. The purpose of this analysis gain a better understanding of the elements and dimensions of culture that drive Swedish culture as they relate to other national ...view middle of the document...

According to the World Economic Forum (2013),
Sweden: Like Switzerland, the country has been placing significant emphasis on creating the conditions for innovation-led growth. The quality of its public institutions remains first-rate, with a very high degree of efficiency, trust, and transparency. Private institutions also receive excellent marks, with firms that demonstrate excellent ethical behavior. Nevertheless, we registered a slight but consistent deterioration in the country’s institutional framework over the past three years. Additional strengths include goods and financial markets that are very efficient, although the labor market could be more flexible (ranking 92nd on the flexibility subpillar). Combined with a strong focus on education over the years and a high level of technological readiness (1st), Sweden has developed a very sophisticated business culture (5th) and is one of the world’s leading innovators (4th). Last but not least, the country boasts a stable macroeconomic environment (13th), with a balanced budget and manageable public debt levels. These characteristics come together to make Sweden one of the most productive and competitive economies in the world.
With the abundance of strengths and success, could Sweden's proven economic success of been influenced by the elements and dimensions of the Swedish culture?

Religion. Religion, linked to both regional characteristics and language, also influences business culture through a set of shared core values. The Church of Sweden affirms the Lutheran branch of Christianity, including a membership of nearly 7 million Swedes. With a membership that large in nature, The Church of Sweden has proven to be the largest Lutheran Church internationally. Although The Church of Sweden holds the title of largest Lutheran Church with a membership of over 75% of Sweden citizens, it is noted by Kwissentenial (2004) that only 2% of the members attend church services on a regular basis.

Egalitarian approachSwedish business life is more relaxed and egalitarian than that of many nations with which the country trades. The boss is one of the team, decisions are reached by consensus, the vacations are long, and the coffee breaks are sacred.

Egalitarianism style. Egalitarianism is explained by Arneson (2013) in Egalitarianism as a philosophical view "favoring equality of some sort: People should get the same, or be treated the same, or be treated as equals, in some respect" (para. 1). Furthermore, it is suggested by Arneson (2013) that "an alternative view expands on the view that people should be treated as equals, should treate one another as equals, should relate as equals, or enjoy an equality of social status of some sort" (para. 1). Egalitarianism is a significant factor of Swedish culture with in society and in the business environment, and is more relaxed and egalitarian than other countries that they interact with through globalization.
Language. ...

Other Essays Like Global Business Cultural Analysis-Sweden

Sweden - Telecoms, Ip Networks, Digital Media and Forecasts: Industry Trends, Size and Shares Research Report

1389 words - 6 pages also available. The fibre sector is also among the most vibrant in the world, and Sweden now has among the largest number of fibre connections in Europe. Considerable investment in mobile networks has also made mobile broadband a fast-growing area, while the country is at the global forefront in developing mobile broadband based on LTE technology. This report examines Sweden’s fixed and wireless broadband markets, and also presents

The Life Of Narc Essay

1306 words - 6 pages cultural analysis to these issues; broaden their cultural and social horizons so that they may effectively operate in the global economy and international culture of the twenty-first century. The metaphor of a diamond is used to focus on the links between culture and society, and how they can be applied to a study of social problems, to business practice in the global marketplace, and to the media. Cultures and Societies in a Changing World provides

Global Construction Aggregates Market : Share, Trends, Analysis, Size to 2021

2695 words - 11 pages Aggregates Regional Analysis North and Central America • U.S. • Canada • Mexico South America • Brazil • Argentina • Chile Northern Europe • Denmark • Estonia • Finland • Iceland • Ireland • Latvia • Lithuania • Norway • Sweden • U.K. Persistence Market Research 4 Global Construction Aggregates Market - China dominates the global market (2015 - 2021) Southern Europe • Italy • Macedonia • Gibraltar • Greece

Global Insulated Cable and Wire Market to 2018:Industry Forecast Report

652 words - 3 pages Malaysia Mexico Netherlands Norway Pakistan Peru Philippines Poland Portugal Romania Russia Singapore Slovakia Slovenia South Africa South Korea Spain Sri Lanka Sweden Thailand Turkey Ukraine United Kingdom United States Vietnam The market data covers the years 2007-2018. The major questions answered in this comprehensive publication include: What is the global market size for insulated cables and wire? What is the insulated cable and wire market

Global Marine Propulsion Engine Market to 2018:Latest Industry Size Research Report

575 words - 3 pages gain a comprehensive perspective on the global marine propulsion engine market. This publication makes it easy to compare across different countries and product groups to be able to find new market opportunities and make more profitable business decisions. table Of Content marine Propulsion Diesel Engines marine Propulsion Spark-ignition Engines (outboard Motors) other Marine Propulsion Spark-ignition Engines marine Propulsion Engines the


5476 words - 22 pages Environmental factors which impact on an organisation’s marketing strategy. In this assignment, PESTLE analysis will be carried out on Sweden (the country where the digital cameras we are analysing are produced) and Nigeria (the target market environment). Factor | Sweden | Nigeria | Political | Sweden is a constitutional monarchy ruled by the governmental parliament. In 1995 Sweden joined the European Union and has been a member of the United Nations

Trade Policy Of Sweden

3075 words - 13 pages Swedish brands and industries are successful in their domestic as well as in global market. Trade Policy of Sweden Sweden’s trade policy is based on the concept of free trade. Free trade is very wide term, usually people think that it is just used for the possible buying and selling of goods and services from one country to other but it will be false to say that the scope of free trade is limited to that. Free trade is not just beneficial for

Social Media

2297 words - 10 pages Running head: Social Media Social Media and Global Business Cheryl L. Medley King College Dr. George Darko BUSA 5085 September 30, 2012 Information overload: the knowledge, ideas, and creativity that spin around us daily. Television broadcasts information on weather and sports while lifestyle programs show us how to cook and exercise. Radio stations flood us with music and entertainment news. Businesses that succeed have learned

Social and Ethical Issues in Global Markets

3186 words - 13 pages Abstract The purpose of this paper is to identify and examine social and ethical issues within the global market. This document will also review how international management and cultural diversity are pertinent to the success of an organization that is operating in a foreign country. Based upon the above mention, this paper will focus on examining and providing frameworks and strategies that implement the concept of corporate social

Japan Cross Cultural Management

3625 words - 15 pages high power distance, we can see that they are more of the obeying the superior countries. Teamwork is less important in Spanish business (“Spain Business Hierarchy,” 2013). Moreover, Sweden has a low power distance, so they would prefer the centralized organization structure in the company. According to Swedish Business Culture, Swedish workplace is usually based on the team-playing and individual responsibility, and the hierarchy is largely

The Impact of Globalisation - Ikea

3556 words - 15 pages stage of new products. At this stage considerations such as geographical locations, price point and quality are made. We can clearly see from the table below that supplier location does not correlate with the global sales pattern. Sales V's Suppliers | Top 5 Sales | Germany 15% | USA 11% | France 10% | Italy 7% | UK 6% | Top 5 Suppliers | China 20% | Poland 18% | Italy 8% | Germany 6% | Sweden 5% | ( (2012). IKEA, Product

Related Papers

Global Cultural Analysis

5210 words - 21 pages Running head: GLOBAL CULTURAL ANALYSIS: CHINA International Business Abstract This paper provides an in depth perspective of the Global Cultural Analysis of People’s Republic of China (PRC). In preparing this analysis, the following four questions were considered: what are the major elements and dimensions of culture in China, how are these elements and dimensions integrated by

Global Cultural Analysis: Argentina

2043 words - 9 pages Abstract The purpose of this paper is to discuss and analyze the cultural perspectives of doing business in Argentina. Argentina and the United States have had bilateral commercial relations for years, even with the downfall of Argentina’s economy in 2001 and the US economy a few years later. This paper will focus on the cultural aspects that affect these bilateral commercial relations, specifically the aspects of communication, religion

Economics Essay

2637 words - 11 pages water quality in the ocean, global positioning for GPS, safer sanitations, and a call free Skype. It was only a century ago that Sweden was considered to be one of the poorest countries. They are now one of the leaders in innovation. In 2011, Sweden ranked top of the global rule of law ranking according to the annual survey done by the World Justice Project Rule of Law Index. This study takes in consideration the government's stable laws, clear

Fatface The Analysis Of The Company

5472 words - 22 pages . ( Econ Freedom – table analysis heritage website/ labour and other table points 3.3 SWEDEN Sweden – located in Northern Europe, between Finland and Norway, with the population of nine million. GDP per capita is a healthy $ 32,200; and services acting as the main national GDP composition at 69.6%. Coastline is not as long as in other given countries – 3218 km, however it’s long and cold winters and very heavy promotion of active