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Unformatted text preview: Avishkumar Patel BMGT 301 Profile of Norway regarding new international business opportunities Norway lies west of Sweden and north of Denmark in Scandinavia in the north of Europe. Large mountains, lakes and fjords dominate the Norwegian landscape. The harsh weather conditions have greatly influenced the way Norway works. From the beginning people settled in small groups separated from each other by significant geographical features. This explains all the different dialects and various accents of the Norwegian language. It is also why there are lots of small, very close-knit communities where everybody knows everybody. Norway is very independent and likes to control its own affairs, which is why it is still reluctant to join the EU. Norwegians are known to be very patriotic and proud of their country. They almost certainly think that Norway carries a bigger importance on the world arena than it actually does. Norway is one of the richest countries in the world, ranking at 4 th position as per GDP per capita, and at the same time one of the smallest. Norway topped the UN Index for Living Conditions in 2006 and has one of the highest per capita incomes. In 2006, the Economist Intelligence Unit ranked Oslo as the most expensive city in the world (knocking Tokyo off the top spot for the first time in years).Norway is a highly developed democratic society with a strong and stable economy that offers attractive opportunities for international business enterprises. Foreign capital, knowledge and technology have traditionally played an important role in the development of Norwegian trade and industry, and international cooperation has become even more important to Norway's growth in an increasingly global economy. Here are the different categories of Norway’s background. Geography Norway lies in the northern Europe, bordering the North Sea and the Atlantic Ocean, with the geographical coordinates 62 00 N, 10 00 E. The total area covered by Norway is 323802 sq km, with the border line of 2542 km, which is slightly larger than New Mexico. The major cities are Oslo, Stavanger, Bergen, Trondheim, and Tromso. The neighboring countries are Finland, Sweden and Russia. The climate in Norway is colder and there is an 8 months of winter. The summers are also colder and it’s rainy throughout year on west coast. The land produce natural resources like petroleum, natural gas, iron ore, copper, lead, zinc, titanium, pyrites, nickel, fish, timber, hydropower. The total land use for agriculture purpose is 1270 sq km. Current issues regarding environmental pollution are water pollution as a result acid rain damaging forests and adversely affecting lakes, threatening fish stocks and air pollution from vehicle emissions....
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This note was uploaded on 09/20/2011 for the course BBA 101 taught by Professor Avish during the Spring '11 term at Northern Virginia.
- Spring '11