Monday, December 3, 2012

CAGE

The table below depicts a CAGE comparison of the Finland with two candidates.


Cultural Factors
Language





Finnish(93%)
Swedish(6%)



Evangelical Lutheran 89%, Russian Orthodox 1%, none 9%, other 1%

Arabic
English widely spoken


Islam 57.0%,
Hinduism15.0%,
Christianity 9.0%,
Buddhism 5.0%,
Baha'i 1.6%,
Druze,Sikhs

Arabic(90%)
English widely spoken


Muslim (official) 100%
Administrative Factors


Colony/Colonizer

Corruption 2011 (10 low, 1 high)


EU

Euro

No

9.4

Swedish rule

GCC ,MEFTA

Dirham

No

6.8

British rule

GCC ,MEFTA

Saudi riyals (SAR)


4.4

Islamic law
Geographic factors



Land Area



Norway 727 km, Sweden 614 km, Russia 1,313 km

337,030 km2


Temperate and Cold

Oman,Saudi Arabia


83,600d km2


Tropical

UAE,Oman,Yemen,
Jordan,Iraq,Kuwait


2,149,690 km2


Subtropic

Economic factors

Human development index 2011



$36,236

0.882 rank: 22/187

88.6 %

$48,158

0.846rank:30/187


70.9 %

$25,465

0.770  rank: 56/187


38.1%

The biggest differences between Saudi Arabia and other two countries are high level of corruption and low level of Internet Penetration and GDP per capita.

In Finland, in contrast to using only distributors as in foreign markets, Veen mainly works with direct selling to clients. Veen's clients in Finland include: Ravintola Loiste, Bacchus restaurant, Ravintola Lyon, Lehtovaara ravintola, Postres Oy, Fresco ravintolat oy, Krapi, Ravintola Siberia, Hilton Kalastajatorppa, Design Forum Finland, Uusi Seurahuone, Majan Herrat Oy, Design Museo, Ravintola Juuri, Stockmann, Långvik, Cafe Lasipalatsi, Ravintola Aito, Bistro O Mat, Wiklund, Henriks, Bläk, Tiiliholvi, etc. Although Veen does use the wholesalers Heinon Tukku & Metro tukku in Finland. The Finnish market accounts for about 20% of revenue currently.

2 comments:

  1. Perhaps substitute the corruption score with the CPI rank or otherwise mention that the higher is the better in terms of the 1-10 scoring - as not everybody might be aware of that and the current format makes it look like Finland is the most corrupt.

    Best regards!

    ReplyDelete
  2. Good point!! We've now made it a bit more clear.

    ReplyDelete