Scandinavian business refers to the commercial practices and economic activities in the countries of Denmark, Norway, and Sweden. These nations are known for their strong economies, high standards of living, and innovative industries. The business environment is characterized by a focus on sustainability, social responsibility, and a high level of trust between employers and employees. In addition to traditional industries like shipping and manufacturing, Scandinavian countries are leaders in technology and design. Companies such as IKEA and Spotify exemplify the region's emphasis on creativity and functionality. The collaborative approach in Scandinavian business fosters a culture of teamwork and inclusivity, contributing to overall economic success.