...Pestel – India Political Switzerland has always been a very popular holiday destination for Indian travelers. This is mainly due to the use of Switzerland’s scenic beauty in the Bollywood movies. The Indians always believe in value for money and hence whenever they plan a holiday, they like to include as many countries as possible in their holiday packages. With the entry of Switzerland in the Schenegen Zone, the Indian travelers usually club their Swiss holidays with the rest of the European countries. As the Royalp is situated in the Alps, if the Indian market is a very good prospect for them, as the Indian guests want to see the scenic beauty of Switzerland and what better place to experience it than the Alps. Economic The BRIC nations (Brazil, Russia, India & China) are considered as the future economic powers. The trends of the inflow of Indian traveler in Switzerland had always been positive, until 2008 when the recession struck the globe. India was the country to recover from the recession the fastest compared to the other countries. This shows the potential that the Indian economy has, and hence if Royalp already starts to target the Indian Travelers from now, it may become one of their major markets in the future. In 2014, 154,600 Indian tourists are expected as compared to 140,000 in 2010, this also shows the Growing Indian Market in Switzerland. Social 64% of Indian Population is between 15 to 50 years old. As the younger population travels...
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... Course Instructor: Popescu Cristian Introduction Country Economic Overview Switzerland is a standout amongst the most well off, macroeconomically steady and exceedingly aggressive nations on the planet. The nation has accomplished its aggressiveness in spite of a landlocked area, absence of normal assets and a little residential business sector. Stable political establishments, gradualist strategy changes and financial mix with the EU27 are at the center of Swiss macroeconomic aggressiveness. Swiss microeconomic intensity is driven by an exceptionally solid national business environment over the jewel, and 4 very creative, send out orientated, co-found bunches: Financial Services, Precision Engineering (counting watchmaking), Biopharmaceuticals, and Medical Technology. These bunches have however created notwithstanding a nonattendance of deliberate government group arrangements. To support and update its national intensity, we prescribe the Swiss government execute an incorporated bunch procedure, facilitate its scattered monetary policymakers around an arrangement of national financial destinations, lessen non-duty boundaries to exchange, establish changes to make beginning up and slowing down organizations less demanding, and fit business, assessment and speculator insurance direction with the EU. Switzerland overwhelms the worldwide watch market through a close imposing business model on extravagance watches. A long history, committed college and...
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...RTT1 Task 3 Juanita Mortensen Western Governors University RTT1 Task 3 A1. Country comparison The healthcare systems of Switzerland and the United States are quite similar in some aspects and vastly different in others. In Switzerland, the healthcare is universal and available to all. It is provided by private individual insurance companies and subsidized by the government when needed. Basic health insurance is required to be purchased within 3 months of residency or after birth and is an individual’s choice as to what carrier they choose. Of course, there are exceptions to this mandate but they are very few.("Healthcare in Switzerland," “n.d.”, para. 1) Because of this requirement, 99.5% of the population in Switzerland has healthcare coverage.(Roy, 2011, para. 13) The basic health insurance is purchased by the consumer with the option of purchasing supplemental plans to the basic health plan. The supplemental plans are how the insurance companies make a profit.("Healthcare in Switzerland," “n.d.”, para. 12) A few commodities that are covered by the basic health plan are: outpatient and emergency treatment, medications that are on an official government list, maternity care including childbirth, and abortions up to 12weeks gestation. The supplemental plans have a wide range with some consisting of private or semi-private beds, dental care, and eye care.("The Swiss Healthcare System," “n.d.”, para. 7 & ll) The price and benefits of medical treatment, hospitalizations...
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...48% against the euro between the start of August 2009 and the start of August 2011, and also against other major currencies such as the US dollar. Another main reason for this Swiss franc appreciation is the fact that investors increasingly seek secure investments during times of crisis. As the Swiss franc is seen as extremely safe haven, many investors take refuge in this currency, therefore increasing in demand and thus creating upward pressure (Federal Department of Finance, 2011). This rapid Swiss franc appreciation directly impacts on a large scale of country’s economy and the currency market, especially in the domestic exporting industries. The drastic appreciation of Swiss franc is a critical danger to the economy and Swiss exporting firms. This situation makes exporters recognized more on unfavorable exchange rates movement that may affect to their business operations. Switzerland is the country of export-oriented economy, which exports...
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...Indian culture. In the below case study analysis I will analyze various cultural assumptions within Italian, Swiss, and Indian cultures and provide Napoli with a specific action plan to incorporate the cultures successfully, gain true consensus among managers, provide insight on strategy deployment and advise him on whether he should share the situation with Luc Bonnard. Cause and Problem Analysis In the below section, I will analyze key assumptions of the three national cultures and discuss strategy deployment. These assumptions include the relationship with nature, nature of truth and reality, controlling vs. adapting strategy, relationships with people, time, language and communication. Assumption 1: Relationship with Nature Italy’s relationship with nature is very different from that of Switzerland and India. Italian culture lends the idea that situations can be controlled by regulations and rules, whereas Switzerland and India have a culture that denotes fewer rules and regulations (Barsoux, JL., Schneider, S. 2003). Additionally, Indian culture encompasses fatalism, thus they relinquish the notion that they have control on outcomes (World Trade Press, 2010). These differences in the importance of control are also displayed in Hofstede’s Cultural Dimensions. Both India and Switzerland have relatively low uncertainty avoidance indexes (40, 58), while...
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...sales growth of 2.7 percent during the past ten years, the grocery retailing industry can be considered as one of the world’s key economic sectors. Over the past decades, grocery discounters such as Aldi and Lidl have strengthened their position in the grocery retailing industry – especially in Germany and Europe. With their no-frills approach, they have led to significant changes in the industry and have challenged many companies which operate other store formats,’ such as supermarkets or hypermarkets. In this context, a Financial Times report on international retailing noted in 1995: ‘The spread of the discount format has been particularly disruptive to Europe’s grocery retail industry and has driven retailers to examine cross-border markets’. The Grocery Discount Format The key terms describing a grocery discounter are ‘minimalism’ and ‘efficiency’, which are integrated into all business areas. In fact, grocery discounters’ ambitions are to sell quality products at the lowest price possible. To realise profits in spite of the low prices, grocery discounters reduce their costs to a minimum and attempt to generate high volumes of sales through a limited product range of fastmoving items. The approach of cost reduction especially affects the spending for store design, customer service and advertising: grocery discounters try to save money by building up their stores in suburban areas and remote districts, where the rental fees or purchase prices for properties and buildings...
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...ski resort of Leysin, Switzerland. Hotel Glorious ha 40 rooms and one restaurant. As for the facility, they have one small Spa for guests to enjoy it. Hotel Glorious has opened for 6 years from 2007 to 2012. During six years, their revenue didn’t go well and grew slowly. Therefore, they tried to find out the reasons and resolved the problems that they faced to. In this report, I will discover what kinds of impacts that affected the hotel and give some strategic advises to improve the hotel revenue. At the end, I would like to discuss about joining the brand in the positive and negative aspects. What is the impact? The influences come from different aspects. The external impacts can be the recession and the inflation. Moreover, the tourism market is changing everyday in different season; therefore, the price can be difference depend on the demand. I am going to discuss the effect respectively. Recession During 2008 and 2009, the global faced a difficult situation- the economic recession. However, did that really impact the economy in Switzerland? There is one survey, SWITZERLAND: ECONOMIC EXPANSION ALMOST CAME TO A STANDSTILL IN Q4 2011 (2012), Lambert conducted that the Swiss GDP growth rate was affected by the recession in 2009. Besides, from the chart of Swiss GDP, I can certainly see in 2009, the Swiss GPD growth rate did not grow up instead of decreasing. (Lambert, 2012) However, on the other research, SWITZERLAND: ECONOMIC GROWTH, GDP ...
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...There are three sections to differ the economy system used between Angola and Switzerland which are: * Index of economy freedom * Gross National Income and Gross Domestic Product * DHL Global Competitiveness Index 2013-2014. 1. Index of economy freedom Angola According to the 2014 Index of Economy Freedom, Angola listed as 160th out of 178 countries that are under observation. With total score is 47.7, this nation has a lot of troubles in term of rule of law, open market and government spending. In law, the government uncontrolled the corruption cases and it might become the barrier for international investors to contribute Angola’s wealth because it is risky to set up the business inside the distrust government. For evidence, the corruption perception index 2012 stated that Angola ranked as 22nd country most corrupt. Besides, this country got low score in term of property right which is 15. Based on the information, Angola is one of the strong socialism countries due the government control the income of the business and fail to reform the economy since the weak rule of law and trade freedom. Same with other socialism nations, the government ignore the opinion from their citizens. In fact, the labor freedom score in 2013 was 44.8, less 15.9 point from the average Index of economic freedom while the freedom of the press was under depression as ranked 157th out of 197 nations. Therefore the policy of “property is held in common and not individually, and relationships...
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...Emerging Issues in the Tourism Industry (In case of Switzerland) Introduction According to the World Economic Forum's annual Travel & Tourism Competitiveness Report which was released at the Global Tourism Forum (GTF) in Andorra; Switzerland and some other countries were considered as the most beautiful environments for developing the tourism and travel industries. Tourism always plays a vital role in the economy of any country and it plays the same role in Switzerland. But, it has been struck by the economic condition in Switzerland, because of the world economic recession. Tourists come to Switzerland because of its natural beauty, but with the continuing strike in many areas of Switzerland; it results in the improvement of tourism in Switzerland in recent years. Tourism Growth "Our report measures different factors that make it beautiful to make the tourism and travel industry of one country," said Jennifer Blanke, Lead Director and Economist of the World Economic Forum's Centre for Global Performance and Competitiveness. "The top rankings countries Switzerland, France, Germany and Austria show the significance of regulatory frameworks and supportive business, matched with world-class tourism and transport infrastructure, and a focus on rising natural and human resources for increasing an environment that is beautiful for making the tourism and travel sector." This analysis of the cross-country of the drivers of competitiveness in tourism and travel offers helpful...
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...Switzerland vs. Mexico Switzerland My research paper will individually concentrate on Switzerland and Mexico in its history, competitive advantage, export, trading, and globalization. I will then compare and contrast both countries by their competitive advantage in the market, government intervention, trading, export, and globalization. The Switzerland economy is founded on an exceedingly competent labor force and skilled work. The principal areas consist of micro technology, hi-tech, biotechnology, and pharmaceuticals, also, includes banking and insurance knowledge. Switzerland was not the success story that it is today; in the late nineteenth century Switzerland was a poor nation and its major exports were mercenaries and emigrating citizens. By the early period of the twentieth century, Switzerland had emerged as an industrial nation of importance despite its small size. Switzerland was one of the richest nations in the postwar period and by the 1960 using some measures, Swiss per capita income was the highest in the world. The wealth of Switzerland is the outcome of national competitive advantage where there are shockingly numerous competitors in a wide range of advanced manufacturing and service industries and Switzerland a small nation was able to establish their competitive advantage over large nations and their competitors. The industrial success has allowed Swiss citizens to be employed at high wages and for many years the unemployment has affected...
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...by an independent agency. International and experienced In a class of 90, you will find 40+ different nationalities and 90% of the participants will have spent at least 6 months outside their home country. With a minimum of 3 years of work experience, our participants have on average 7 years of experience prior to IMD. Trained to become truly global hand-on leaders Besides strong academic business fundamentals, our intensive one-year program is designed to constantly push our MBAs beyond their comfort zone. A diversity of hands-on projects takes them through various settings: - a 6-week startup project - a 9-week international consulting project with medium to large multinational companies - a one-week discovery expedition to an emerging market (this year, South Africa), advising local SMEs With a strong self-awareness With an unparalleled focus on leadership, the IMD MBA program aims at enhancing selfawareness, identifying ones’ strengths and learning how to lead teams and organizations. It includes: - preparing a personal and professional identity...
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...Introduction : Switzerland is a landlocked country geographically divided between the Alps, the Central Plateau and the Jura. Its area is 41,285 km2 (15,940 sq mi). The Swiss population of approximately 7.8 million people concentrates mostly on the Plateau, where the largest cities are to be found. Among them are the two global cities and economic centers of Zürich and Geneva. Switzerland is one of the richest countries in the world by per capita gross domestic product, with a nominal per capita GDP of $67,384. Switzerland also has one of the world's largest account balances as a percentage of GDP, only placing behind a few oil producing countries. Zürich and Geneva have respectively been ranked as the cities with the second and third highest quality of life in the world. In 2010, World Economic Forum deemed Switzerland the world's most competitive country. II. Brief discussion of the country’s relevant history Switzerland’s geographical position with its transit routes over the Alps made it a desirable possession for European great powers through the ages. Switzerland developed slowly over many centuries, as more and more regions came together to form a loose confederation whose members gave each other mutual support. At times their different interests stretched the bonds between them almost to breaking point. It was only in 1848 that Switzerland became a more centralized federal state. This favored its economic development and ended any possibility that Switzerland might break...
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...Evaluating new markets 6.1 Criteria for evaluating new markets Criteria for evaluating the geographical market in general Criteria for evaluating industry markets inside the geographical market Key figures Key figures Development of population Development of GDP Development of GDP per capita Development of quantities in total and per sub-market Development of prices in total and per sub-market Development of market volume in total and per sub- market Legal restrictions for economic activities Possible legal forms Conditions for profit repatriation Conditions for sales (e.g. local production) Operations risks Society Political system Ethnic and religious groups Languages Demographic structure Cultural distance Political risks Market system Players Flows of products and services Flows of information Producers and traders Sub-markets National and international competitors Wholesalers and retailers Competitive intensity Infrastructure Customers Telecommunications infrastructure Health care system Link between customer segments and sub-markets; industry segments Demand similarity Traffic infrastructure Customer segments © 2012 R. Grünig/D. Morschett 6. Evaluating new markets 6.2 Process for evaluating new markets 1. Producing an initial list of potential new markets 2. Eliminating the less attractive markets = usual sequence ...
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...Nayl RADI BENJELLOUN 12, Avenue de l’Eglise-Anglaise, 1006 Lausanne, Switzerland Date of birth: 04/30/1992 +(41) 78-914-14-46 naylrb@gmail.com ------------------------------------------------- EDUCATION Faculty of Business and Economics (HEC) University of Lausanne, Switzerland Bachelor of Science in Management Expected graduation: June 2014 * Average grade 4.65/6 (78%) * GMAT Score : 740/800, 97th percentile Swiss Federal Institute of Technology of Lausanne (EPFL) Lausanne, Switzerland Bachelor of Science in Mechanical Engineering (First year) Sept 2009-July 2011 Lycée Lyautey (French High School) Casablanca, Morocco French Baccalaureate, scientific stream June 2009 ------------------------------------------------- Graduated with Honors (average grade 14.42/20, 72%) ------------------------------------------------- ------------------------------------------------- WORK EXPERIENCES Société Générale Private Banking Paris, France Internship – Direct Supervisor: M.Manset, Head of structured products Feb-March 2014 * Been in charge of the daily letter about financial news and analysis * Updated weekly lists of secondary market opportunities that traders used to target the best products to sell to clients * Developed an analysis tool to evaluate and compare performance of all structured products traded by the firm, and that has been...
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...DEVELOPMENT AUTHORITY (SMEDA) Trade in Services: An answer book for small and medium-sized exporters Lahore, Pakistan: ITC/SMEDA, 2007. xiv, 196 p. Guide for small and medium-sized enterprises in the services sectors in Pakistan; provides practical advice to help them improve their export performance or enter new markets. Using a question and answer format, the topics covered include the decision to export, preparing for export, choice of market, identifying customers, selecting a strategy, cultural considerations, promotional materials, quality assurance, pricing, securing payment and temporary market entry. The General Agreement on Trade in Services (GATS) and the functions of the World Trade Organization (WTO) are also described. National appendices include overviews of the services sector in Pakistan, Pakistan’s role in the WTO GATS negotiations, including Pakistan’s schedule of GATS commitments, key national laws and regulations of interest to services exporters, and a list of information resources for services exporters. Subject descriptors: Services, WTO, Multilateral trading system, Pakistan. English Palais des Nations, 1211 Geneva 10, Switzerland 6th Floor LDA Plaza, Egerton Road, Lahore 54000, Pakistan Trade in Services: An answer book for small and medium-sized exporters is a joint publication published by ITC and SMEDA based on a generic document edited by ITC. This joint publication was co-financed by the European Union (EU) and ITC as part of a Trade...
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