Group 3

1. Group 3 • Chris Radtke • Dennis Duarte • Sean Berry • Matt Owens Sweden, Korea, Finland Chile – comparative studies Global Strategy – thinking bigger than location

2. SWEDEN

3. Map 450,295 sq. km - slightly larger than California

4. Facts • Population about 9 million • Growth rate 0.163% • GDP 455.8 Billion • 1 Swedish krona = 0.1498 US dollars • Population base • 88% ethnic Swedes • 12% Immigrants

5. More Facts • Free compulsory education • Literacy rate of 99% • Life Expectancy • Men 78.59 yrs • Women 83.26 yrs

6. Work Force • 4.93 million total labor force • 1.1% Agriculture • 28.2% industry • 70.7% Service • 7.9% Unemployment

7. Religion • 75% Lutheran • 5% Protestant • 5% Muslim

8. Early History • 500 CE Svea Tribe • 9th – 11th centuries German-speaking groups • 13th century - gained control over trade and politics

9. 1397 Union of Kalmar • Queen Margareta of Denmark

10. 16th century Union of Kalmar ended and Sweden became an independent nation • Riksdag • 1523 Gustav Vasa dynasty

11. Modern Evolution • 17th century Age of Enlightenment • 1749 - population statistics • Scientific discovery • Growth of arts and freedom of thought and expression

12. 18th Century- Age of Freedom • Riksdagintroduced constitution limiting power of Monarchy • 1809 Treaty of Fredrikshamn signed • 1842 Riksdag introduced compulsory education.

13. 19th &20th Centuries • 19th Century Industrial Revolution • 1921 universal suffrage proclaimed • 1971 Riksdag became single chamber • 1974 new constitution gave Monarch purely ceremonial function

14. Government • Limited Constitutional Monarchy with a Parliamentary system • Current King is Carl XVI Gustaf

15. Government • The government wants to make markets more competitive but also retain its commitment to the welfare of it citizens. • 2006 government took 51% of nations income in tax

16. Social Democracy • Merging Ideals of Socialism & Capitalism • Lagom “middle-road” and “reasonable” • 6 Fundamentals • Equality • Freedom • Democracy • Solidarity • Security • Efficiency

17. Negatives • Difficult to motivate employees • Absenteeism and excessive use of sick leave • Labor cost are high • Tax is Very high • Swedish firms moving abroad

18. Swedish Individualism • Self development • Stuga • Solitude and quite • Weaker generation bonds

19. Egalitarianism • Allemansratt- “everyman’s right” • Payment adjustments • Dagsboter “day fine” • Tax • Immigrants???

20. Stuga • Summer Home/ Vacation House • More than 600,000 across Sweden

21. Nature • Strong love for nature • First nation to established environmental protection laws in 1909 • “green lung” • http://www.youtube.com/watch?v=o8sWHHfd-TQ&feature=related

22. Nature Activities • Orienteering • Hiking/Backpacking • Rafting • Fishing • Picking berries, flowers or mushrooms • Skiing

23. Business & Economics • 3rd ranked for number of patents per 100,000 people internationally • 4th ranked among nations for innovation, information, and technology • 4th ranked in human development

24. Business Etiquette • Handshake is done swiftly and firmly. • Between men and women, it is a lot lighter. • Men should wait until a woman extends her hand first. • Swedes like to establish relationships on an informal level. • Private and business lives are very much segregated.

25. Etiquette • Its common to address a person by his/her first name.  • Personal space is private - so with the exception of the handshake, avoid touching. • Avoid speaking with your hands in your pockets, as this is considered bad etiquette. • Swedish communication style is direct and open. • When conversing, be sure to listen intently to anyone speaking and not to interrupt.

26. Keep a low profile do not show emotions • Avoid scheduling meeting in June, July, August and late February and early March • NEVER be late • The first meeting may be low key and very matter of fact. • Decision will never be made in the first meeting. • http://www.youtube.com/watch?v=YDu5FtXjqeU

27. Comparison • Republic • 756,945 sq. km • Population 17 million • GDP 203.9 billion • Class Structure • Limited Constitutional Monarchy with a Parliamentary system. • 450,295 sq. km • Population 9 million • GDP 455.8 Billion • Egalitarian Chile Sweden

28. Comparison of Business Etiquette • First meeting build relation ships • Schedule not very Structured • Interruptions are common • First meeting straight to the point • Never be Late • Never interrupt someone Chile Sweden

29. References • http://www.sitesatlas.com/Maps/Maps/502.htm • http://www.state.gov/r/pa/ei/bgn/2880.htm#profile • http://www.kwintessential.co.uk/etiquette/doing-business-sweden.html • Understanding Global Cultures by Martin J. Gannon and RajnandiniPillai

30. Now we will go halfway around the world to…..

31. Korea “The Hermit Kingdom”

32. North or South? • And what’s the difference? • We’ll get to that in a bit. Just know for now that our main focus here is South Korea. • In our opinion, North Korea is far too corrupt to discuss in a business class, as it is near impossible to do business there internationally.

33. Map of Korea • South Korea faces Japan across the East Sea and China across the Yellow Sea. • The TaebaekRange referred to as the “Backbone” of the Peninsula stretches across the East Coast and into the East Sea.

34. Topography • Along the Western and Southern Coasts mountains descend gradually onto the coastal plains and many large rivers can be found winding the area. • Many of Korea’s highest mountains are part of the Teabeak Range. • Most famous is Mt. Seoraksan. • Annual precipitation is 1,245mm which is 1.4 times the global average. Although 60% of all water is lost in runoff during floods and torrential rains. • Famous rivers: Hangang, Geumgang, Yeonsangang, Seomjingang, and Nakdonggang Rivers.

35. Korea facts • The Republic Of Korea is a small country on the far eastern edge of Asia. South Korea is about the size of Indiana. • Although it only ranks 109th in the world in terms of land area it is considered to be a vast nation in regards to such areas as economics, culture, and arts in Asia. • Population 48.87 million (South Korea) • Cities Population: Seoul (10.4 million)Busan (3.6 million) Incheon (2.7 million)Daegu (2.5 million) Daejeon (1.5 million)Gwangju(1.4 million), Ulsan (1.1 million) • Life expectancy: Male, 77 years Female, 83.8 years

36. South Korea • Capital city is Seoul • National flower Mugunghwa • Also called Hibiscus, or Rose of Sharon • National Flag Taegeukgi

37. Religion and Government Religion • A 2005 Census showed that half of the population practices some form of religion. • Three majors are Buddhism, Protestantism, and Catholicism. • Government • President Lee Myung-bak since 2008. • Presidents are elected through a direct popular vote for a term of 5 years. • Division of power among the executive, legislature (unicameral National Assembly) and judiciary branches. • Other election information: National Assembly elected every 4 years, Local Government elected every 4 years.

38. History • People have been inhabiting the Korean Peninsula for over 700,000 years. • Neolithic Age began over 8,000 years ago. Traces of this era can be found throughout the Korean Peninsula, mostly in coastal areas and near big rivers. • http://www.teachertube.com/viewVideo.php?title=Ancient_Korea&video_id=230973

39. History • The Bronze Age began around 1,500 to 2,000 B.C. in present-day Mongolia and on the peninsula. As this civilization began to form, numerous tribes appeared in the Liaoning region of Manchuria and in northwestern Korea. These tribes were ruled by leaders, whom Dangun, the founder of the Korean people, later united to establish Gojoseon (2333 B.C.). The founding date is a testament to the longevity of Korea's history. This heritage is also a source of pride for Koreans and their strength to persevere in times of adversity. • http://www.metacafe.com/watch/2733283/korean_history_gojoseon_the_first_state_of_korea/

40. History • The year 57 BC marks the beginning of the Silla Dynasty. Together with the Goguryeo and Baekje, Silla was the third of the Three States Era, controlling the southeastern region of the Korean peninsula for 1000 years.Gaya (42-562) began as a type of confederation, formed when several tribes from the Nakdonggang River came together. • Silla became unified by forming an alliance with The Tang Dynasty of China they were able to break away from Gogeryeo and Baekje to further consolidate the Korean Peninsula. • In 698, refugees from Goguryeo established the Kingdom of Balhae in south-central Manchuria. • http://www.youtube.com/watch?v=dRWGn2IO6_A

41. The Goryeo Dynasty (918-1392) • Founded by Wang Geon, a general who had served under Gungye, a rebel prince of the Silla Kingdom. • Wang Geon named his dynasty Goryeo, from which the English name "Korea" is derived. • Goryeo Dynasty had a sophisticated culture represented by cheongja, or blue-green celadon, and flourishing Buddhist traditions.  • Around that time, skilled Korean artisans also completed the carving of the entire Buddhist canon on large woodblocks.

42. Some 800,000 woodblocks were intended to invoke the power of Buddha for the repulsion of Mongol invaders. Internationally called the TripitakaKoreana, they are now stored at the historic Haeinsa Temple.

43. History • Joseon Dynasty (15th century) • In 1392, General Yi Seong-gye overthrew Korya and established a new dynasty called Joseon. The early rulers of Joseon, in order to counter the dominant Buddhist influence during the Goryeo period, adopted Confucianism as the guiding ideology of the new dynasty. • Governed with a well balanced political system and highly valued academic learning while disdaining commerce and manufacturing. • During the ruling of King Sejong the Great Korea enjoyed vast growing of culture and the arts. • Scholars at the royal academy created the Korean alphabet Hangeul. It was then called Hunminjeongeum, or "proper phonetic system to educate the people." • http://www.youtube.com/watch?v=HPECFBVxWSI&feature=related

44. LONG STRETCH OF HISTORY • WHICH LEADS US TO…….

45. History from 1910 • http://www.youtube.com/watch?v=TM0BZ_24mhQ&feature=related • Important Dates • 1910: Treaty is signed on August 29th marking formal annexation to Japan, which this colonial rule would last for 35 years. This rule would see control of all political, social, economic, and cultural aspects of life.

46. History from 1910 • 1919: On March 1st more than 1 million Koreans took to the streets demanding independence. This movement made Japanese authority rethink their colonial policy from one of brutality to a more conciliatory stance known as Cultural Policy. • 1922: The Joseon Art Exposition sponsored by Korean Government-General is inaugurated, consisting of three parts which included Eastern-style, Western-style, and calligraphy. Mainly highlighted Japanese artists residing in Korea and was carried out through 1944.

47. History from 1910 • 1945: Korea is liberated from Japan. Korean peninsula is divided into two parts. North under Russian control and the Southern portion under American occupation. • The two parts are known as the Republic of Korea (south) and the Democratic People’s Republic of Korea (north) and are proclaimed so in 1948. • 1945: The Museum of the Government-General of Korea is renamed and opened as National Museum of Korea.

48. History from 1910 • 1950-1953: The Korean War begins on June 25, 1950, when North Korea launches an unprovoked full-scale invasion of the South, triggering a three-year war which drew in U.S., Chinese and other foreign forces. The entire peninsula was devastated by the conflict. A cease-fire was later signed at Panmunjeon at the 38th Parallel in July 1953.

49. Syngman Rhee • Syngman Rhee, a U.S.- educated intellectual and former independence fighter, was elected the first President of the Republic of Korea in 1948.  His insight and vision was instrumental on establishing a separate government in South Korea, laying the groundwork for a democracy and a market economy. • Despite contributions to Korea, Rhee was ousted from power in 1960 due to election frauds and other accusations by protesters.

50. History from 1910 • 1950s-mid-a1960s: Various art movements from Europe, United States, and Japan are brought into Korea and adopted by artists. This helps local artists to recapture the true essence of Korean culture. • 1979-1981: Over 5,000 years of Korean Art is exhibited throughout United States and showed in several museums including the Metropolitan Museum, which includes pieces of “national treasure” organized by the National Museum of Korea. A similar exhibition is produced and travels to London on exhibit at the British Museum in 1984.