Thursday, May 19, 2011

Switzerland Business



Megan Moran
May 18, 2011
Switzerland Business

U.S. exports in goods to Switzerland, in 2010, valued at about USD 20 billion (U.S.) Like in the United States to be successful in the business world you need to be highly educated, reliable, and flexible work force. In Switzerland, manufacturing sectors are highly automated and efficient. Switzerland welcomes foreign investment, with factors that include economic and political stability, a transparent legal system, reliable and extensive infrastructure, efficient capital markets and excellent quality of life in general. Many U.S. firms base their European or regional headquarters in Switzerland, drawn to the country's low corporate tax rates, exceptional infrastructure, and productive and multilingual work force. Switzerland was ranked as the world's most competitive economy according to the World Economic Forum's Global Competitiveness Report in 2010.
Dress attire has a wide range in Switzerland, in upper management, corporate finance and private banks, dark suits are the rule as in many countries. In most other industries, you will encounter countless types of attire. Lower-ranking employees often wear casual clothes and jeans are quite common.
Capital of Switzerland is Bern. Official languages are German 63.7%, French 19.2%, and Italian 7.6%. Currency is the Swiss franc. Imports: US$71 billion, Exports: US$72 billion.

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