Premium Essay

Study of Sweden

In: Business and Management

Submitted By kittu1611
Words 722
Pages 3
Competitive Forces Market Size: The market share of Sweden has lot of opportunities for investment in all the sectors. The private sectors have a major chunk which is untouched and which is followed by Retail Trade and manufacturing and construction industry. There is a lot of prospect in manufacturing sector, retail sale of no-durable goods.

Top 5 Products exported by Sweden | Refined Petroleum (6.2%), Telephones (5.2%), Packaged Medicaments (4.4%), Cars (3.6%), and Vehicle Parts (3.3%) | Top 5 Products imported by Sweden | Crude Petroleum (7.9%), Cars (4.8%), Refined Petroleum (4.0%), Vehicle Parts (3.4%) and Telephones (2.4%) | Top 5 Export destinations of Sweden | Germany (9.9%), United Kingdom (6.7%), Denmark (6.7%), Norway (6.7%) and United States (6.3%) | Top 5 Import origins of Sweden | Germany (18%), Denmark (7.9%), Norway (7.4%), Netherlands (6.2%), and United Kingdom (5.9%) |

Sweden is ranked 2nd with an Economic Complexity Index (ECI) of 1.98292
Sweden has direct competition with Finland and Denmark.

Competitive Country:
Finland provides an environment for business through its financial aiding and has policies which aid the work flow. The education level is being raised in Finland to become a technological and innovation based platform for business enterprise. There is a huge skilled workforce who is ready to adopt any change in work environment and adapt any changes.
Industries: Energy, Agricultural and manufacturing.
Denmark is known strongly for its innovative capacity. Denmark its follows a flexicurity system which is the most efficient in labor markets and it has strong social safety net.
Industries: Manufacturing, shipping and wind power.

Netherlands is one…...

Similar Documents

Free Essay

Sweden Market Analysis

... A. CURRENT POPULATION # 1. AGE STRUCTURE, GENDER COMPOSITION, SPATIAL DISTRIBUTION, POPULATION GROWTH PROJECTION BY AGE AND GENDER # BIBLIOGRAPHY/REFERENCES # INTRODUCTION Sweden has developed from a poor agricultural society into a prosperous and developed industrial country. They have promoted successfully a business and innovation friendly climate. Sweden is one of the world's most attractive countries for foreign investors and is open to nearly all foreign investment, (4). Sweden is a vast supporter of free trade and international movement of capital. Beginning early with expansion ventures and with great success moved into international markets, fared relatively well through the economic recession. Some of the big Swedish firms are multinational and are international household names, such as IKEA, Volvo, Saab, Ericsson, and H&M. Apart from offering a favorable business climate, a strong domestic market, an advanced high-tech sector, a qualified labor force, optimal management skills, it also offers the second lowest corporate tax rate in Europe. Although raw materials and heavy industry are still important elements of the Swedish industry the main competitive segment today is technical know-how. Sweden is one of the world leaders in investment in research and development (R&D). SITUATIONAL ANALYSIS I. POLITICAL AND LEGAL CONDITIONS A. Political Ideology The Swedish...

Words: 3546 - Pages: 15

Free Essay

Sweden Culture Report

...[pic] [pic] [pic] SWEDEN FACTS AND FIGURES (2009 -2010) : Full name : Kingdom of Sweden (Sverige (SE), Ruotsi (FI) ) Capital :Stockholm ( 5 m inhabitants) Major language :Swedish Major religion : Christianity Land Area 449,964 (173 732 sq miles) Population: 9,3 m (=0,14 % of world´s population) Foreign born inhabitants : 13,8 % Population density: 20 sq. km Life expectancy: Men 80 years , women 84 years Adult literacy: 99% Average per household 2.1 Divorces per1,000 : 2.1 Internet domain : .se International dialing code :+46 Currency : Swedish Krona ( 9, 1310 Kr ~1 €) Parliament: The Riksdag, with 349 members in a single chamber National Day: June 6 Education: Nine years of compulsory schooling, but most pupils continue to the three-year upper secondary school. Around one third go on to higher education at universities and colleges throughout Sweden Working hours: Standard work week is 40 hours, minimum paid vacation is 5 weeks Labor force participation: Men: 74.0 %. Women: 68.3 % Employment (% of total): Agriculture 2%, industry 23%,services 75%,unemployed 9 % Longest north-south distance: 1,574 km Longest east-west distance 499 km Agricultural land: 8 % Forests: 53 % Marshland: 9 % Grasslands: 7 % Bare rocks and mountains: 12 % Lakes and rivers: 9 % Highest mountain: Kebnekaise (2,103 m) Biggest lake: Vänern (5,650 sq km) Natural resources: forest, ore, water power (see even......

Words: 9324 - Pages: 38

Free Essay


...Sweden Sweden is a Scandinavian country in northern Europe and it borders Norway and Finland, and is connected to Denmark by a bridge across the Öresund. Sweden is the third largest country in the European Union by area, with a total population of about 9.5 million people. Sweden is also the 55th largest country in the world. The country has a low population density with the population mostly concentrated to the southern half of the country. Sweden’s capital city is Stockholm, which is also the largest city. Sweden has been a member of the European Union since 1 January 1995. Today, Sweden is a constitutional monarchy with a parliamentary democracy form of government and a highly developed economy. The year is divided in four distinct seasons’ with mild temperatures throughout the year. Temperatures vary greatly from north to south. The northern part of Sweden has a colder climate and longer winters than the southern part. However, Sweden is much warmer and dryer than many other places at similar latitude. The highest point is the mountain Kebnekaise. Around 65% of Sweden’s total land area is covered with forest. Sweden has 25 landscapes, based on culture, geography and history. The whole country is divided into three large lands, the northern Norrland, the central Svealand and southern Götaland. Gotland, Öland and Orust are Sweden’s three largest islands, and Vänern and Vättern are the largest lakes. Vänern is also the third largest lake in Europe. Children aged 1-5......

Words: 404 - Pages: 2

Free Essay

Sweden and New Age of Globalization

...Sweden and new age of globalization In the last recent years, world trade had an outstanding growth in domestic product leading to spread more about the word ’’globalization’’. However, the new market’s demand is reason of this development, yet the trade practices reduction that prevent movement of services from one state to another thru World Trade Organization (WTO) had an important impact on this growth in world (Christopher, 2011). In the start, globalization recognized as a solution to insufficiency and assistance to overcome the inadequacy, however, this view has changed after the US Presidential election speech in 2008 and globalization became a concern for both the U.S and Europe stated (Mandelson, 2008). Therefore, challenging those who state that ‘’the boom is not sustainable’’ is what Mandelson attempted to deliver. So in this paper I’m going to evaluate the globalization’s effect on Sweden’s economy & industry and will compare the achievement with Mandelson’s view. Let’s start with he’s opinion on Europe’s social models which are considerably well managed and in favor of globalization compared to the models from the states. Over the last decades, Europe attempted to come up with new social and economic model in order to handle the challenges exposed by the globalization. And one of the countries which could cope successfully with globalization challenges was Sweden by proposing ‘’Swedish model’’. This model defines that ‘’ it is perfectly possible to uphold......

Words: 1330 - Pages: 6

Free Essay

Sweden Presentation

...Sweden Geography: - Sweden is a part of Scandinavia. With its 450,000 square km (about 170,000 square miles), Sweden is the third largest country in Western Europe – almost the same size as Spain or France, and bigger than California. - Sweden is a long country: 1,574 km (about 980 miles) stretching from north to south. About the same distance as Seattle-Los Angeles (1,541). -Sweden is, however, a small country in terms of population, with only 9.2 million inhabitants – which is about 0.1 percent of the world population. - Consequently, Sweden is sparsely populated with roughly 22 inhabitants per square km. This can be compared to the population density in China (134/sq km), Hong Kong (6,688/sq km), India (318/sq km), European Union (112/sq km), Germany (231/sq km), Spain (87/sq km), U.K (246/sq km). - Almost 90 percent of the population live in southern Sweden, where we also find the three largest cities, Stockholm (capital, 1.2 million inhabitants), Göteborg, and Malmö. History: - Not more than one hundred years ago Sweden was a country of poor peasants and emigrants. From the end of the 19th century to 1930 1.5 million Swedes (a fourth of the population) emigrated, most going to North America. - Today Sweden is a rich and well-educated country with large annual investments made in education and research. Sweden has also become a multicultural country over the past fifty years. This is due to the fact that hundreds of thousands of people......

Words: 726 - Pages: 3

Premium Essay

Alcohol Policy in Sweden

...Alcohol- The Alcohol policy in Sweden differs from other EU States. How got it around to it? Is it a model for the future or will it change due to the European policy? Written by: Linda Meier zu Heringen, Supervisor: Ingemar Ottosson Due: 17th May, 2013 1. Introduction While reading various travel guides for the preparation of a stay in Sweden the section of the alcoholic drinks in food and beverage has drawn special attention. It says that the tax for alcohol is quite high and the drinks can only be bought, when above an alcohol percentage of 3.5%, at the government owned stores – the Systembolaged. In this Essay the reasons for the alcohol policy in Sweden will be defined with a sort insight in the history of the alcohol policy in Sweden and the problems with it. Subsequently the rules and regulations from today will be pointed out as well as alcohol consumption nowadays. Further the problems with the EU will be descript and a possible solution given 2. The History of Alcohol in Sweden Sweden is located in the vodka belt from the countries of Europe and Asia, where a great deal of vodka is produced and consumed. The vodka countries have a long tradition of the production of a large share of vodka consumed in the world, as Sweden is famous for their brand Absolut. Also 70% of the produced vodka is used by these countries. The use of Alcohol in Sweden dates back to at least the Viking Age. The reason for the people to drink at that time might be the long......

Words: 2286 - Pages: 10

Premium Essay

Analysis of Business Environment in Sweden

...ANALYSIS OF BUSINESS ENVIRONMENT IN SWEDEN Supervisor: Alcina Nunes Students: Ruta Rudokaite and Aiste Sankauskaite Bragança, 2013 Contents Demography and geography 3 Geography 3 Population 4 Language 5 Religion 5 Political, social and legal environment conditions 6 Political Conditions 6 Social conditions 7 Legal environment 8 Economic environment 9 Economic conditions 9 Entrepreneurship conditions 12 Competitiveness indicators 14 Conclusion 17 REFERENCES: 18 Demography and geography Geography Sweden is a northern European country located on the Scandinavian Peninsula, as we can see in Figure 1, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway. Its topography consists mostly of flat or gently rolling lowlands but there are mountains in its western areas near Norway. Figure 1 : Map of Sweden Figure 1 : Map of Sweden As we can see from Table 1 Sweden is really a large country and is the 5th largest in Europe. Sweden also has natural resources (Sweden is currently one of the EU’s leading producers of ores and metals) that makes her stronger compared to other European countries. Rich bowel of land is very important to each country’s economy as well as the whole world economy. Minerals owning countries can increase their exports, economy level and can improve the social status of residents. Of course we have to mention the fact that Sweden has a really big coastline......

Words: 3154 - Pages: 13

Premium Essay

Globalisation of Clothing Industry in Sweden

...KARELIA UNIVERSITY OF APPLIED SCIENCES International Business Degree Program Swedish Clothing Industry Global Business Environment November 2013 Introduction The distance between people in the world is decreasing. In stores in Sweden we find goods from all corners of the world. We are intertwined in a world of mutual dependences and it is what we now call globalization. Economic globalization is a historic process and the result of human innovation and technological development. The economies in the world are integrating, particularly through trade and financial flows, but globalization can also involve movement of people and labor, as well as knowledge and technology across international borders. This means that countries can specialize and produce what they are best at. Countries across the world wills also have access to more capital, better technology, cheaper imports and major export markets. This does not mean that all countries have access to the benefits of globalization, in the poorest countries, the international community help with contributions. The question is that is globalization a treat or an opportunity? Some believe that the difference between the rich and poor countries only increased with globalization, while others argue that the difference in income or GDP between countries across the world has increased, but it is not the whole truth. Wider measurements of welfare that takes social conditions in the calculation shows those developing......

Words: 1826 - Pages: 8

Free Essay

Russia and Sweden Compared

...society influences life-satisfaction Despite being separated by only one country Russia and Sweden have many differences. Russia is not only almost 40 times the size of Sweden and has a population 15 times larger but how the citizens in the respective countries perceive their society and life situation also differs. Nevertheless, several important similarities can be found too. By comparing three aspects of everyday-life — education, civic engagement and life-satisfaction — differences and similarities between Russia and Sweden will be explored. According to the Organization for Economic co-operation development (OECD), education aids an individual in many ways and is a key-factor to attain life-satisfaction. However, it will be demonstrated that living in a society where the government displays trustworthiness and encourages civic engagement might play a more important role when it comes to a person’s happiness and wellbeing. A high-quality education is beneficial for both the individual and the country (OECD). Educated people are more likely to have well-paid jobs which increase their chances to achieve a social network to rely on and to afford essentials which are important for one’s wellbeing (OECD). The economic development of a country depends on a well-educated population and, in turn, a prosperous society can offer more benefits to their citizens (OECD). Russia and Sweden have equal rates of high school graduates, as much as 91% of the people between 19 and 25......

Words: 1034 - Pages: 5

Free Essay

Monarchy in Sweden (Changed Perspective)

...Monarchy In Sweden Don’t we all love glamorous parties with pretty clothes? But do we find it as exciting to pay for all of it without even being invited? That’s how it is with our royal house. A part of the taxes we pay goes to maintain our royal house with their luxurious lifestyle and giant castles. We pay for princess Victoria’s wedding dress, their cars and for all their expensive journeys they travel to represent our country. Those who support the monarchy we’re living in says that it’s a price we have to pay to be able to represent Sweden’s best side for the rest of the world. I believe we would represent Sweden in a much better way if we showed the world a head of the state as a person who’s been chosen in a democratic way by their own people instead of someone with as they call it ‘royal blood’. Sweden’s best side is our democracy in my opinion, and that’s something a royal house never will be able to represent. Actually, Sweden is a democratic country in every way possible apart from our royal house. I think the head of our country and as a symbol should be chosen in a democratic way, it’s irrelevant in my opinion if the person has any political power or not. Many of those who support our royal house state that the royal family are powerless and has no influence when it comes to politics because they are simply forbidden to say anything that has to do with politics. That is proven wrong though. Let me give you an example. In 2004 our king visited a country...

Words: 559 - Pages: 3

Free Essay

Sweden Tough Drug Laws

...Professor Kilguss Comparative Government April 18, 2014 Sweden: Not so Sweet on Drugs Located in Northern Europe, Sweden lies on the eastern part of the Scandinavian Peninsula sharing boundaries with neighboring Denmark, Finland and Norway. Officially known as the kingdom of Sweden, by size it is the third largest country in the European Union with a population of 9.6 million. Sweden follows a parliamentary democratic form of government where the people elect representatives into parliament and they in turn elect a prime minister to lead the group. This Nordic country is known for its neutrality in times of conflict, and avoids making allies in times of peace. Sweden is an export-oriented country that’s economy is reliant on trade of a variety of goods with Europe and the rest of the world. The land of IKEA, meatballs, vodka and Vikings is often looked to as a role model due to its successful welfare policies and strong economy. Sweden takes care of its people with a cradle to the grave system, making sure all of its citizens have access to healthcare, higher education, and retirement benefits. The United States could benefit from looking at the successes of Sweden’s no tolerance approach to drugs. A recent news article from The Local titled, “Sweden’s Tough Drug Laws Leaves addicts behind” highlights Sweden’s zero tolerance approach towards drug use and its impact that it has had on the country. Sweden has some of the toughest drug laws in Europe, and......

Words: 984 - Pages: 4

Premium Essay

A Comparative Study Using Hennes & Mauritz (Sweden) and Uniqlo (Japan)

...How do Global Retail Companies utilize Corporate Social Responsibility (CSR)? “A Comparative Study using Hennes & Mauritz (Sweden) and UNIQLO (Japan)” Authors: Greg Jogie Ayaz Shukat Master thesis – FE2413 Spring 2010 Supervisor: Eva Wittbom How do Global Retail Companies utilize Corporate Social Responsibility (CSR)? Abstract Abstract Corporations around the world are today acknowledging more and more the need of long-term sustainability strategies integrated into their core businesses. This has led to the use of the Corporate Social Responsibility (CSR) framework. H&M and UNIQLO are no different. They are established global retailing companies and heavily affected by the consumers demand of a sustainable work process. The demands are often heard when news hits of problems in the supply-chain. This can be issues like unsatisfactory working conditions in factories, environmental issues caused by production and general imbalance of labor policies. Such problems have put pressure on the companies to enact a proper reporting framework for their sustainability efforts and that is the focus of this thesis. The objective is to understand how well the organizations‘ have been using CSR and the goal is to look at their behavior within their supply chain processes and their environmental focus. We will then benchmark them according to the sustainability measurement framework called Global Reporting Initiative (GRI). GRI is a framework widely used by the top global......

Words: 23237 - Pages: 93

Free Essay


...14 3.4 Economy 14 3.5 National Culture and hierarchy 15 4. Conclusion 17 References 18   1. Introduction The Kingdom of Sweden; IKEA, VOLVO, forests, lakes, snow, democracy, how is it up there? We all know about how well IKEA is doing, and we all know about Zlatan and Abba… but how do we become equally successful? The demands on Human Resource Management is currently increasing as it has been widely discovered and discussed that it directly affects the economic growth. What do we have to think about when we develop our HR department? In this paper we will analyze the institutional context of Sweden and evaluate what impact they have on the decision making of Human Resource management. As students of Economics and Business it is a vital part of our education to go in depth to actually understand and be able to adapt our theoretical skills in a new country. To do this we will consider the government aspect, with political system and political landscape included and its affect in the context of people management practices. Subsequently, the political economic system and its impact will be reviewed, looking at aspects such as welfare distribution, welfare benefits and unemployment. Closely linked to the aforementioned factors are also employment laws, which have a direct impact on the management practices of HR of any company operating in Sweden. The following section will analyze and evaluate various laws such as employment contract and employment discrimination. The......

Words: 7654 - Pages: 31

Premium Essay

Walmart's Global Expansion in Sweden

...Introduction We finally choose Sweden as Walmart’s next expansion location as the CAGE analysis shows that Sweden is the most appropriate country to locate the new hypermarket. Sweden is a developed western country that has many similarities with US in culture, administration and economy. Sweden has a highly-developed capitalist economic system, a stable political environment and few corruption, which provides a stable external environment for Walmart’s entry and continuous operation. Its well-developed infrastructures and transportation also make it easier for Walmart to establish its own distribution system. Also people in Sweden have strong purchasing power and consumption ability as they have long been high income group in the world. When a good deal presents, people will not hesitate to make a purchase. This stable purchasing power guarantees a potentially stable profit for Walmart. Sweden also has a large pool of highly educated and well trained work force, making it quite easy for Walmart to staff its operation. As for the mode of entry, we recommend choosing to establish a joint venture with local partners as Sweden is a fully liberalized economy that has removed obstacles preventing free flow of trade and investment. Mature investors and partners in Sweden can share similar modes of business operation, similar management style and similar accounting policies with this US retail giant. By making use of this legal form of association and partnership, Walmart can......

Words: 2365 - Pages: 10

Free Essay


...print GBE Project Report Analysis of the Sweden Newsprint Industry SUBMITTED TO: SUBMITTED BY: Prof. Pradip Chakrabarty Rashi Singh (053033) SWEDEN BUSINESS ENVIRONMENT Political Environment: * Form of government: Constitutional monarchy; Capital: Stockholm * The constitution, dating from 1809 and revised in 1975, is based on the following four fundamental laws: the Instrument of Government, the Act of Succession, the Freedom of the Press Act, and the Riksdag (Parliament) Act.  * The reigning monarch is the head of state but exerts no political power; the responsibilities of the monarch are ceremonial only. * The Riksdag, a unicameral parliament elected by the people for four-year terms, is the foundation for the democratic exercise of power through the cabinet. The prime minister is nominated by the speaker of the Riksdag after consultations with party leaders and must be approved for office through a vote of the Riksdag.  * Ordinary general elections to the Swedish Parliament are held every fourth year. A party must receive at least 4% of the votes in the entire country or 12% in a single electoral district to qualify for any seats in Parliament. * Prominent parties include three non-socialist parties, the Alliance—the Moderate Party (formerly the Conservative Party), the Centre Party, and the Liberal Party—and two socialist parties, the Red-Greens—the Swedish Social Democratic Workers’ Party (SAP; commonly called the Social......

Words: 2414 - Pages: 10