Synopsis
This essay is mentioned about Switzerland, which has been recognized as a leader in producing of wristwatch like Rolex, Omega, and other popular wristwatch brand. Moreover, Switzerland must maintain the leader position in manufacturing wristwatch industry and the biggest distributor the best quality of wristwatch around the world for protecting the depression economy of Switzerland. At first time, Swiss watch company had a problem like loaning money, but they solved the problem passing mutual funding with Hayek and his friends and established the SMH or Swiss Corporation for Microelectronic and Watchmaking like Swatch and Omega. They changed the traditional form of SMH Company to up-to-date and relevant with current fashion by considering the best quality of component. This is the main point that made the Swiss manufacturing of Watch Company still maintain its position as leader until currently.
Main idea
The reasons that Switzerland watch becomes to the leader in wristwatch industry even if it has higher price than other competitors is the quality of manufacturing process and developing the trend of fashion
Synopsis
This essay is mentioned about Switzerland, which has been recognized as a leader in producing of wristwatch like Rolex, Omega, and other popular wristwatch brand. Moreover, Switzerland must maintain the leader position in manufacturing wristwatch industry and the biggest distributor the best quality of wristwatch around the world for protecting the depression economy of Switzerland. At first time, Swiss watch company had a problem like loaning money, but they solved the problem passing mutual funding with Hayek and his friends and established the SMH or Swiss Corporation for Microelectronic and Watchmaking like Swatch and Omega. They changed the traditional form of SMH Company to up-to-date and relevant with current fashion by considering the best quality of component. This is the main point that made the Swiss manufacturing of Watch Company still maintain its position as leader until currently.
Main idea
The reasons that Switzerland watch becomes to the leader in wristwatch industry even if it has higher price than other competitors is the quality of manufacturing process and developing the trend of fashion
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