The World W atch industry was at a crucial stage in the 1970’s when there was a possible phase of transition from one way of watch making technology to another i.e. from mechanical to electronic watches. The mechanical watches had been ruling the watch market for quite some time while the electronic watches were deemed to be the next big thing. Amidst this clash of technologies‚ the three most important watch producing nations i.e. Swiss‚ Japan and United States competed with each other to maintain
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The Deloitte Swiss Watch Industry Study 2014 Changing times Foreword Welcome to the third Deloitte Watch Industry Study. Building on the success of the last two editions‚ more than 50 senior industry executives participated in this year’s study through an online survey or personal interview. The study highlights the views of watch company executives on the key challenges and opportunities facing the Swiss watch industry. 15 09 14 Geneva SMI DAX FTSE 2 missed calls 3 new messages +0.62 +0.21 -1
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Swatch and the Global Watch Industry In the 1980’s‚ Swiss watchmakers began to realize they needed to change their business model to fit into a new global market place. They needed to not only change their views of the market but the infrastructure of watch manufacturing. In order to compete on a global level they needed to improve their technology‚ design products that would appeal to new markets and be able to compete with other companies on quality and cost. During this time‚ a merger of two
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Switzerland was a pioneer in watches very early on it self. Its biggest watch company‚ Swatch‚ dominated the industry at one time. However as foreign competition increased from other nations Swatch was greatly affected. American and European watch makers established assembly plants in the city to take advantage of highly skilled‚ cheap labor and favorable tax conditions. Globally people started preferring the low end daily use watches from other companies as Timex and Citizen and moved away from
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The Swiss Banking Industry The Swiss banking industry has been around for more than 250 years‚ making it the cornerstone of the financial sphere. It has however been rapidly changing in the recent years‚ influenced by the latest financial crisis‚ and numerous tax evasion scandals. It has had to change its economic and regulatory conditions as the country’s authorities‚ as well as foreign authorities are demanding for a change in practices. This‚ in turn‚ has put the industry in the spotlight possibly
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Development Corporation entered the market and shortly established itself as a major manufacturer. 1.2 INDUSTRY STRUCTURE The electronic watch industry is dominated by HMT‚ Allwyn and Titan. They command about 80% share of the organised sector. Therefore‚ the study concentrates on these manufacturers‚ though issues pertaining to smaller companies are addressed. The installed capacity of the industry is 10.8 million pieces. A large unit‚ Indo French Times‚ with a capacity of nearly 2.0 million pieces
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1. How did Timex succeed the Swiss as world volume leader in the 1950s and 1960s? Timex toppled the world dominance of the Swiss by streamlining the watch making process therefore also making the process very scaleable. The Swiss had dominated in an era where very little competition existed. This paved the way for the Swiss and their high cost watch producers to remain dominant as consumers really had no alternative to turn to. Timex introduced watches using a combination of automation‚ precision
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assess their current state using an examination of Strengths‚ Weaknesses‚ Opportunities and Threats (S.W.O.T.). Such projects will spur additional research by those capable of bringing the best findings to direct selling companies and the overall industry. I have chosen to eliminate the words “Weaknesses” and “Threats” in the S.W.O.T. methodology and replace them with “What’s important” and “The future.” SWOT |Strengths:
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i. Definition of Industry: ii. Significant Financial Ratios (use the IO business model to look for above average returns) iii. Growth: iv. Porters 5 Forces: v. External Forces: Demographic Segment: Economic segment: The credit crunch might decrease the purchasing power of consumers and though they will still buy the essentials they may be more cautious. They may also spend less on luxury items‚ something that has a greater profit margin for Swatch. Sociocultural Segment: High
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Telefoonnumer: 06-50653451 Studentnummer: 0178454 AM5 Economische geografie en Economische planologie Docent: P.J.F. Terhorst Clusters Inleiding In dit paper ga ik in op de clustertheorieën die binnen de economische geografie een steeds vooraanstaander plaats aan het innemen zijn. Hiervoor bespreek ik eerst de tegenstelling tussen mondialisering en lokalisering. Clusters benadrukken namelijk opnieuw het belang van het lokale‚ terwijl het belang van het mondiale lange tijd het dominante discourse
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