Switzerland- Group 10 - Kapil Ostwal

8/3/2019 Switzerland- Group 10 - Kapil Ostwal

1/28

SWITZERLAND

By

Kapil Ostwal

Sahil Gupta

Sourabh Bhattacherjee

Akshit

Madhav

Vishal

Submitted To

Prof. Kalyan Chakrabarthy


2/28

General Information

Official Name : The Swiss Confederation

Population : 7,782,900 people

Size :

41,28

4square km (

15,94

0 squares miles)Slightly less than twice the size of New Jersey

Capital : Bern

Largest city : Zurich

Official languages : German, French, Italian, Romansh


3/28

General Information

Location : Landlocked country situated in Western Europe

Bordered by Germany, France, Italy, Austria and Lichtenstein

Territory divided into two parts by the Alps: the Central

Plateau and the Jura

Religion : 79.2% Christian,11.1% without any religious

affiliation,4.3% Muslim,0.2% Jewish

Government : Federal State with a parliamentary system

and a direct democracy

Currency : Swiss franc


4/28

Industries

Pharmaceuticals

Chocolate

B

anking System Watches

Tourism


5/28

Pharmaceuticals

Switzerland is among the world's leading producers

of chemicals and pharmaceuticals.

The chemical industry focuses on dye-stuffs, perfume

essences and food flavorings. The centre of the

industry is Basel.

The largest pharmaceutical companies are Roche

and Novartis. The chemical and pharmaceutical industries export

85% of their output.


6/28

Chocolate

More than 400 years ,since Columbus became the firstEuropean to see cocoa beans, Switzerland has come to theforefront of chocolate manufacturing worldwide.

Swiss ch

ocolatiersh

ave created such

deligh

ts as truffles,pralines, cakes, and mousses (enough to make every child

forget about the bread ).

Swiss chocolate is great on its own, or with an espresso, asweet wine, whisky or a Cognac, and on any conceivable

occasion. Famous Brands:

LINDT

TOBLERONE

FERRERO ROCHER

HERSHEYS


7/28

Swiss Watches

Switzerland is one of the world's largest watch

manufacturers.

In terms of value, it is responsible for about half of

all world production.

The average price of a watch exported from

Switzerland in 2006 was 410 dollars.

But along with its luxury output, Switzerland is alsoknown for the world's best selling plastic watch: the

Swatch.


8/28

Swiss Watch Companies

Rolex

Omega

Tag Heuer

Breitling

Swatch


9/28

Swiss Banking System

Banks and financial institutions play a key role in the

Swiss economy.

The Swiss franc is among the worlds most stable

currencies.

The Swiss capital market is one of the most

important in the world.

The two major Swiss banks UBS and Credit Suisse are major forces in the global financial market.


10/28

Tourism Industry

Tourism is an important source of income. Visitors from

abroad spent 15.6 billion francs in Switzerland in 2008.

Figures released by the United World Tourism

Organization ranked Switzerland 19th among world

destinations for international tourism earnings in 2008.

Visitors from abroad accounted for about three per cent

of Swiss GDP in 2008.

Tourism is the fourth most important source of export

revenue, after the metal and machine industry, the

chemical industry and the watch making industry.

The tourist industry is also a major employer.


11/28

The People

The Swiss value cleanliness,honesty,hard work, andmaterial possessions.

Motto: "Unity, yes; Uniformity, no."

They are very proud of their environment and have along tradition of freedom.

They value sobriety, thrift, tolerance, punctuality and asense of responsibility.

They are very proud of their neutrality and promotionof worldwide peace.

The Swiss have a deep-rooted respect for saving andthe material wealth it brings.


12/28

Meeting andGreeting

Shake hands with everyone present -- men, women, andchildren -- at business or social meetings. Shake handsagain when leaving.

Handshakes are firm with eye contact.

Allow the hosts to introduce you at parties.

Use last names and appropriate titles until specificallyinvited by your Swiss hosts or colleagues to use theirfirst names.

Academic and professional titles are used frequently. First names are reserved for very close friends and

family.


13/28

Body Language

Poor posture is frowned upon. Do not stretch or

slouch in public.

Do not point your index finger to your head.This is

an insult.

Body language varies from region to region in

Switzerland.


14/28

Corporate Culture

The Swiss take punctuality for business and social meetingsvery seriously and expect that you will do likewise. Call withan explanation if you will be delayed.

Business cards in English are acceptable. Hand your businesscard to the receptionist upon arrival for a meeting. Give acard to each person you meet subsequently.

Generally, English is spoken in business with foreigners.Inquire beforehand to determine if an interpreter is needed.

Business climate is very conservative. Meetings are generallyimpersonal, brisk, orderly, planned and task oriented.


15/28

Corporate Culture

The Swiss tend to get right down to business after a

few minutes of general discussion.

Presentations and reports should be orderly, well-

prepared, thorough and detailed.

The Swiss are fair bargainers but not hagglers.

Discussions are detailed, cautious, and often

pessimistic. Decisions are made methodically. It is not acceptable to call a Swiss businessperson at

home unless there is an emergency.


16/28

Dining and Entertainment

In the German parts of Switzerland, beckon a waiterby saying Herr Ober, and a waitress by sayingFrulein. It is considered rude to wave your hand.

Business luncheons are more common than business

breakfasts. Business entertainment is almost always done in a

restaurant.

Spouses are generally included in business dinners.

The host proposes the first toast. Don't drink until afterthe toast is proposed.

Keep your hands on the table at all times during a meal-- not in your lap. However, keep your elbows off thetable.


17/28


Cut potatoes, soft foods and salads with a fork, not aknife.

Use eating utensils at all times, including to eat fruit.

B

reak bread with

yourh

ands if possible.Do not use aknife.

If salt and pepper are not on the table, don't ask forthem.

Don't smoke at the dinner table. Wait, watch and ask

permission before smoking. Sample everything offered to you.Try to finish

everything on your plate when dining in someone'shome. It is impolite to leave food on your plate.


18/28


When you are finished eating, place knife and fork

side by side on the plate at the 5:25 position.

Leave a party no later than midnight.

It is considered impolite to ask for a tour of your

hosts' home. If your hosts want to give a tour of their

home, they will offer.


19/28

Dress

Appearance should always be clean and neat.The

Swiss are known for conservative and neat attire.

Overly casual or sloppy attire is not appreciated.

For business meetings, men should wear suits and

ties; women should wear suits or dresses.


20/28

Gifts

Gifts are normally not exchanged at business meetings,but small gifts may be appropriate at the successfulconclusion of negotiations.

Be prepared to give a gift in case you are given one. A

gift with your company logo is acceptable. Give books, desk attire, whisky, cognac, good bourbon,

or wine. Do not give anything sharp.

When invited to someone's home, always bring a small

gift for thehostess and a small gift for c

hildren.

Give candy (good quality), pralines, flowers (unwrapbefore presenting, odd number), pastries.


21/28


22/28

Helpful Hints

Be punctual.

Show great respect for elderly.

Dont litter (you will be scolded publicly).

Dont chew gum or clean your fingernails in public.

Refrain from putting your hands in your pockets

while talking with people.

Never put your feet on a desk, chair or table.


23/28

Especially for Women

More women are becoming more and moreinvolved in business and public life in Switzerland.

Foreign businesswomen will be treated fairly and

professionally in Switzerland. Many Swiss businessmen would be embarrassed if a

foreign businesswoman invited them to dinner.

Swiss men are very conservative and still expect to

pay for a meal.

If possible, a foreign businesswoman should invite aSwiss businessman to lunch rather than dinner.


24/28

Benefits & Issues For Foreign Companies

Benefits

Low taxes

Free trade

Administrative links with the EU Center of Europe

Widespread use of English

Issues

Image As Tourist destination.

HighLabor Cost

HighLiving cost


25/28


26/28

GA Pak

It is Chinese company that manufactures aseptic

packaging for the food industry.

Recently set up its European HQ in Winterthur.

According to them Switzerlands close trade and

administrative links with the EU make up for the

Swiss opting out of the European economic bloc.

But they chose Germany as a manufacturing basebecause it is an optimum location for shipping while

offering a skilled work force and low labor costs.


27/28

Alibaba

It is online trading giant

According to it finding a home in Switzerland on

cost efficiency grounds for staff is difficult.

Consumer base is not near .

Labor Cost is high.

So Alibaba opens its European HQ in Britain.


28/28

Thank YouMerci

GrazieVa multumesc

Switzerland- Group 10 - Kapil Ostwal

Documents

Transcript of Switzerland- Group 10 - Kapil Ostwal