vision of Singapore as the New York of an integrated ASEAN (Association of South-east Asian Nations)‚ that reminded me of past calls for Singapore to become the Geneva of the East or the Switzerland of Asia. In the recently released 2013 World Economic Forum (WEF) Annual Global Competitiveness Report‚ Switzerland retained its ranking as the world’s most competitive economy; Singapore was No 2. Based on “hard metrics”‚ the WEF assessed that Singapore boasts one of the world’s best institutional
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are several ways for Swatch to address the issue of changing its current development strategy. First alternative for Swatch is to move the value-added chain activities to countries offering low production cost. Having manufacturing activities in Switzerland‚ which is the most expensive country in the world‚ does not let the company to successfully manage its expenses. The benefit of this strategy is that Swatch will considerably reduce the price for materials‚ labor and operational costs. It will
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dominated by Swiss producer‚ watch craftsmanship was developed especially in Switzerland; the country had a great “home-made” effect on consumers: people looked at Swiss watches as the best on the market and trusted the quality and value of such products. Although after the World War II many Swiss watch firms were forced to close because of the recession‚ almost the 80% of the world’s total production was Swiss: Switzerland was watch’s home country. From 1950s to 1970s - low-price and new technology
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Environment (Watch Making Industry) | |Opportunities |Threats | |Political-Legal |Fiscal policy favorable in Switzerland : |Accusation from abusing its dominant market | | |-Low tax rates‚ fiscal discounts |position few months ago | | |-Support
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Davos: The World Economic Forum Davos is a town located on the Landwasser River‚ in the Swiss Alps‚ between the Plessur and Albula Range in Switzerland. At 1‚560 meters‚ it is the highest city in Europe. From the middle of the 18th century‚ Davos became a popular destination for the ailing because the climate in the high valley was proved excellent by doctors and recommended for lung disease patients. Arthur Conan Doyle wrote an article about skiing in Davos in 1899. In the early 90s
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Introduction In this clip‚ the ICRC (International Committee of the Red Cross discuss how the Red Cross performs humanitarian aid within the political climate and upheaval of the modern world. Members of the board include someone from Great Britain‚ Switzerland‚ France‚ and Belgium. The discussion between persons from different countries and cultures is a fascinating watch to see how influence‚ negotiation‚ and communication takes place at the highest levels. Liking They all communicate very formally
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Summary “UK develops taste for fair trade” The article is published on the “The Guardian” official web page. It is written by unknown author from The Guardian company. The Guardian is a British national daily newspaper which was 1821‚ developed through centuries and is now one of the most popular daily news source of Great Britain. As the headline implies it is devoted to the free trade which has developed since 60s and is helping farmers and poor people not to go bankrupt by exporting their
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SWOT analysis overview Swatch is a manufacturer and distributor of watches. . It also supplies movements and components to third-party watchmakers in Switzerland and around the world. The group has a global presence‚ which provides it a distinct competitive advantage in the market place. However‚ intense competition may erode the group’s margins and reduce its market share. Strengths | Weaknesses | * Global market presence * Strong brand portfolio * Extensive product offering
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Introduction The swatch group was formed in Switzerland in the year 1983 under the leadership of Nicolas G. Hayek. Originally the company was founded by a merger of two Swiss watch manufacturing division’s which are ASUAG and SSIH which was named SMH (Swiss Corporation for Microelectronics and Watchmaking Industries Ltd). The group was renamed as Swatch group in the year 1998. Nicolas G. Hayek (CEO)‚ strongly constructed new opportunities and rooted a new culture. In the coming decade‚ SMG Group
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historical timeline and culture of Swiss people. Explanation and Relation to Culture Switzerland is a country where I’ve truly grown up in‚ and I adopted their culture and traditions quickly. A large part of Switzerland’s culture lies in the mountains‚ and only once more and more people went to visit or inhabit the mountains did this myth emerge. One popular myth that is told in all parts of Switzerland is about gnome type creatures that live in the mountains called Barbegazi. The name derives
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