1. If you were CEO of a medium-sized manufacturer in Switzerland, what are the o
ID: 398306 • Letter: 1
Question
1. If you were CEO of a medium-sized manufacturer in Switzerland, what are the options you may consider in response to the spike of the Swiss franc? 2. As a tourist looking to have a vacation in Europe, you are very interested in Switzerland, but you are concerned about the high prices. What other countries would you consider? 1. If you were CEO of a medium-sized manufacturer in Switzerland, what are the options you may consider in response to the spike of the Swiss franc? 2. As a tourist looking to have a vacation in Europe, you are very interested in Switzerland, but you are concerned about the high prices. What other countries would you consider? 1. If you were CEO of a medium-sized manufacturer in Switzerland, what are the options you may consider in response to the spike of the Swiss franc? 2. As a tourist looking to have a vacation in Europe, you are very interested in Switzerland, but you are concerned about the high prices. What other countries would you consider?Explanation / Answer
1. As the CEO of a medium sized manufacturer in Switzerland I would like to outsource certain aspects of the process in oder to reduce the cost of the manufacturing process, for example as the price of Franc is quite high the organization may look for labors in the developing nations who possess a pool of skilled labors at a low cost like India, Bangladesh, Pakistan, etc.
2. Due to the spike of the franc I would like to visit a similar but less expensive countries in Europe and Poland, Bosnia, Hungary, Romania, etc. can be a good substitute of the same in order to have a similar experience.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.