Doing business with sweden

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  • This presentation cover
    Business culture
    Traveling to
    Business Expectations
    Etiquette
  • A Swedish manager will tend to think of himself as a coach rather than a commander, and delegates tasks frequently
    Even if it means bypassing one or more layers of executives.
    Swedish employees often report to more than one manager.
    Business wear in conservative with suits for both men and women.
    Makeup and jewelry is minimal.
    Casual dress is very similar to the U.S. except that shorts are worn only for hiking or jogging.
  • You can see the sun at Midnight in certain cities.
    An average January day can have 6-7 hours of daylight.
    The time difference between California and Sweden is 9 hours later.
    You can pass freely between the Netherland or Dutch states.
    Smoking is generally restricted to designated areas and outside.
  • It is always nice to learn some key phrases in the national language.
    Do you speak English
    Hello
    Good day
    Good night
    Yes
    No
    Excuse me
    Where is the restroom
    Thank you
    Please
    Help
    Banks, most museums, and stores are closed on these dates.
  • Waving when greeting another person from a distance is acceptable, but shouting is considered impolite.
    Business cards are typically exchanged at initial meetings.
    Such as Mr., Mrs., President, or Your Honor.
    You must be invited to move to a first name basis.
    In business, titles are used more in writing then in conversation
    Eye contact should be maintained during a conversation
    Avoid standing too close during conversations.
    Organization is preferred over chaos.
  • One should conform to the standard of the country they are in.
    Conversation
    Especially skiing
    Especially about Sweden
    Criticisms of other peoples or systems should always be avoided.
  • Invitation
    Stand quietly outside the doorway to the entrance of the House until you are invited in.
    When in inside the house remove shoes and wait again until you are asked to sit down.
    When you are sitting wait for the host’s invitation to start eating.
    Toasts
    Impolite to drink before the host has given a toast.
    Say “Skal” after toast.
    This is a custom from the Vikings. They would drink mead out of their enemy’s skulls.
    Dinning Style.
    Typically continental.
    Fork steadfastly held in the left hand and the knife held in the right.
    Keep wrists on the table.
    Gifts
    Invited to dinner bring wrapped gift:
    flowers
    Liqueurs
    Wine
    Liquor
    Fine chocolates
    Business gifts only after a relationship has been developed.
    Gifts include desk accessories or books.
    After dinner.
    You should leave around 10 or 11 P.M. ( Your host will not usually ask you to leave).
  • Doing business with sweden

    1. 1. Doing Business with Sweden Prepared by:Manpreet Kaur Grewal Sumit Malhotra Nancy Sood
    2. 2. Interesting Facts • • • • • • Capital: Stockholm Population: 9.5 million (85% live in urban areas) Area: 450,000 sq.km = 174 000 sq.mi. Official Name: Konungariket Sverige (Kingdom of Sweden) Official Language: Swedish National Anthem: “Du Gamla, du fria, du fjallhoga nord” (Thou Ancient, Thou Free, Thou Mountain-Crowned North.” • National Holiday: Flag Day, June 6
    3. 3. Resources • Sweden's chief crops are grains, sugar beets, potatoes, meat, and milk, barley, oats, and wheat.
    4. 4. Resources cont. • Sweden’s natural resources are timber, iron ore, and hydroelectric power.
    5. 5. Economy • • • Sweden constructed an economy based on free enterprise, public ownership of utilities, exports, social welfare, and high taxes. Most important export industries: Mechanical engineering, automotive, information and communication technology, pulp & paper, power generation, pharmaceuticals, iron and steel, transport services and tourism. Most important import goods and services: Foodstuffs, raw materials and fuels, chemical products, machinery, electrical equipment, information & communication products and services, road motor vehicles, textile products & apparel, tourism.
    6. 6. Economy cont. • Sweden’s major trading partners are the European Union, the United States, and Norway
    7. 7. Religion and Spiritual Beliefs • Sweden’s religion consists of 87% Lutheran, Roman Catholic, Orthodox, Baptist, and other. • Christianity was introduced in 829 but became fully established in the 12th century.
    8. 8. Religion cont. • The Wasa Dynasty slowly introduced Lutheran Christianity and in 1604 banned Catholicism. • Lutheranism was Sweden’s official religion from about 1540 to 2000.
    9. 9. Learning and Technology • The Swedish government requires children from 7 to 16 years of age to attend school. • Elementary and high school education are free for Swedish children.
    10. 10. Arts and Crafts • Sweden made it’s greatest contribution to the arts in the field of industrial design with harmonious textiles, furniture, glassware, and ceramics.
    11. 11. Business Culture in Sweden • Most Swedish businessmen would be surprised if they were told that their business culture differs greatly from the international norm. • Management is based on the idea that the individual is willing and able to do a good job. • Swedish businessesmen try to solve problems in an informal and practical way.
    12. 12. Travel Facts • An average June day in Sweden can have 17, 19, or 24 hours of daylight. • The time difference between New York and Sweden is 6 hours later. • You do not need a visa to travel to Sweden.
    13. 13. • Most Swedes have a working knowledge of English. • Some of the holidays in Sweden include: – 1 January New Year’s Day – 6 January Epiphany – 1 May May Day – 6 June National Day/ Liberation Day – 24-25 December Christmas – 31 December New Year’s Day
    14. 14. Business Expectations • The handshake is the standard greeting for men and women. • Use a formal form of address when greeting or making introductions. • Punctuality is important in both business and social functions.
    15. 15. • In general, Swedes do not use many gestures and have quiet natures. • Acceptable conversation topics include: – Sports – Sightseeing – Travel – Politics • Inappropriate topics include: – Personal topics – Complaints about how things are run
    16. 16. Etiquette • If you are invited to a Swedish home: – Toasts before a meal. – Dining Style. – Giving gifts. – After dinner.

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