Uniéco N° 7

Page 1

« Rivella est la marque de cœur des Suisses » Erland BRÜGGER Directeur général de Rivella

Photo de couverture : Alberto Celada

No 07 — Septembre-Novembre 2014


VOILÀ CE QUI VA TE PRÉPARER À L'EXERCICE DE TA FUTURE PROFESSION!

WORKSHOP IVE The Future Leaders Project Ce qu’il faut savoir pour être motivé dans son job! Rejoins le workshop IVE en automne, tu vas le découvrir! Les inscriptions aux workshops se font sur www.ive.ch

CONFÉRENCES*

Veux-tu rencontrer des personnalités de l’économie suisse telles que Nick Hayek ou Rainer Maria Salzgeber? Participe aux conférences IVE!

STAGES à valeur ajoutée en qualité d’assistant d’un cadre. Intéressé? S’annoncer à info@iveinstitute.org.

COLLABORATION Une expérience extraordinaire de pratique en tant que membre du Management IVE.

*La prochaine conférence du semestre d’automne 2014 aura lieu le mercredi 8 octobre 2014 (plus d’infos sur www.ive.ch).

NOUS FORGEONS AUJOURD’HUI LE FUTUR DE DEMAIN


03

MILO BOŽIC

ÉDITO

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SOMMAIRE Éditorial

03

Étudiants

16

Professeurs

04

Pour rire

18

Interview

11

Pour conclure

19

Le business, arbitre du football ? Milo BoĹžic

Strategies for emerging countries. Dirk Morschett Finance: so simple, and yet so complex. Martin Wallmeier

Erland BrĂźgger, directeur de Rivella. Anne Liechti et Jean-StĂŠphane Yerly

Elise Nicod et Luwam Abraha L’abolition des forfaits fiscaux. Jean-StÊphane Yerly

La caricature ĂŠconomique. Simon Beuret

Notre prÊsident d’honneur. Jean-Marc Sylvestre


PROFESSEURS

DIRK MORSCHETT

04 Full Professor, holder of the Chair for International Management at the University of Fribourg.

STRATEGIES FOR EMERGING COUNTRIES Emerging countries drastically gained in importance for business over the last decade. The particularities of these countries, though, require other strategies than for expanding into industrialised countries. Some knowledge on strategies for emerging countries already exists, but clearly, a substantial research gap has still to be filled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`#!""#$%&'&Q`#14#-"7"4&#O"(-6#%&>"-# (7-%4O+6#>(="#'""4#0-%0%6"*#$%-#$,-&>"-#"+"-5145# 7%,4&-1"6# &>(&# +%="*# 14&%# &>"# $%7,6<# "353# PYaZ# NP"J17%<#Y4*%4"61(<#a15"-1(<#(4*#Z,-["OQ3#D"61*"6# &>%6"#&>(&#(-"#14#&>"#$%7,6#%$#0,')17#(&&"4&1%4#*,"#&%# &>"1-#%$&"4#"4%-+%,6#61_"<#(#)(-5"#4,+'"-#%$#6+()9 )"-#7%,4&-1"6#(-%,4*#&>"#\%-)*#(-"#7%++%4)O#6""4# (6# "+"-5145# 7%,4&-1"63# b4# &>"# \>%)"<# "+"-5145# 7%,4&-1"6#(-"#"6&1+(&"*#&%#+(["#,0#()+%6&#@Ac#%$# &>"#\%-)*/6#"7%4%+17#(7&1=1&1"63 Z>"1-#+(14#7>(-(7&"-16&176#H&>"#>15>#5-%\&>#-(&"6<# &>"#>15>)O#*O4(+17#7>(45"#14#&>"#"7%4%+17#6&-,79 &,-"6# ',&# ()6%# &>"# 147-"(6145# 4,+'"-# %$# 6[1))"*# "+0)%O""6H#+(["#&>"6"#7%,4&-1"6#>15>)O#-")"=(4&# +(-["&6# $%-# 7%+0(41"6# (4*# 61+,)&(4"%,6)O<# &>"6"# 7%,4&-1"6#'"7%+"#+%-"#(&&-(7&1="#0-%*,7&1%4#)%7(9 &1%463#V# ="-O# )(-5"# 6>(-"# %$# 5)%'()# XTY# NX%-"154# T1-"7&# Y4="6&+"4&Q# 16# 4%\# -"7"1="*# 'O# "+"-5145# 7%,4&-1"63

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06



MARTIN WALLMEIER

© Uniéco - photo: Jonathan Gross

PROFESSEURS

08 Professor, holder of the Chair of Finance and Accounting at the University of Fribourg.

FINANCE: SO SIMPLE, AND YET SO COMPLEX “Life is not complex. We are complex. Life is simple, and the simple thing is the right thing”. — Oscar Wilde Z>"-"#(00"(-6#&%#'"#(#6&-1[145#(4*#0,__)145#*169 7-"0(47O#(&#&>"#>"(-&#%$#$14(47"#(6#1&#16#7,--"4&)O# &(,5>&#(&#,41="-61&1"63#Y4#&>"#-"()#\%-)*<#$14(47"# 16# 7%+0)"Ji\>17># 16# %'=1%,6# $%-# (4O'%*O# \>%#&-1"6#&%#,4*"-6&(4*#&>"#(44,()#-"0%-&6#%$# '(4[6#%-#&>"#)(&"6&#*"-1=(&1="#7%4&-(7&6<#4%&#&%# +"4&1%4#&>"#7%+0)"J#14&"-0)(O#%$#$14(471()#1469 &1&,&1%46<# 0"%0)"<# 147"4&1="6<# (4*# 146&-,+"4&6# &>(&#5(="#-16"#&%#&>"#-"7"4&#$14(471()#7-16163#V# +(14#0(-&#%$#$14(471()#&>"%-O<#>%\"="-<#16#7>(9 -(7&"-1_"*#'O#")"5(4&#61+0)171&O3#b4#&"J&'%%[# 7%="-6#(-"#&>"#&%\"-6#%$#d())#:&-""&`#1461*"#&>"# &"J&'%%[6#(-"#&>"%-1"6#&>(&#(-"#=%1*#%$#$14(471()# 146&1&,&1%463#

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Ⴍ Located in Manhattan (New York City), the district of Wall Street is the spearhead of the American financial sector. Source: RMajouji sur Wikipedia.org.


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10


INTERVIEW

ANNE LIECHTI ET JEAN-STÉPHANE YERLY

Erland BRÜGGER Directeur général du groupe Rivella

BIO RAPIDE 1992 Université de Saint-Gall Licence en sciences économiques 1992—1996 Différentes fonctions occupées au sein du département Marketing chez Unilever Suisse, où il devient chef de marque pour Lipton Ice Tea 1996—2002 Différentes fonctions occupées au sein du département Vente de Wander et Novartis Consumer Health Suisse 2002—2011 Directeur général de Wander, responsable des marques Ovomaltine, Caotina et Twinings pour la Suisse et l’Europe centrale Mai 2011—aujourd’hui Directeur général du groupe Rivella

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OĂš avez-vous dĂŠbutĂŠ professionnelle- K/(1# -"47%4&-8# *"6# M%46"1))"-6# $8*8-(,J# "&# )(# ment et quel a ĂŠtĂŠ votre parcours ? 6"+(14"# 0(668"# 4%,6# *167,&1%46# *"# *1$$8-"4&6# v/(1# &%,&# */('%-*# 8&,*18# )/87%4%+1"# ?# )/L41="-9 WKqPHV UHODWLIV j OD SURGXFWLRQ ,O PÂśDUULYH pJD9 61&8#*"#:(14&9e())3#v/(1#"46,1&"#&-(=(1))8#&-%16#(46# )"+"4&#6%,="4&#*"#4"#0(6#&%,&#6(161-#*"6#61&,(9 (,# *80(-&"+"4&# +(-["&145# 7>"_# L41)"="-3# v/(1# &1%46#(,J;,"))"6#K"#6,16#7%4$-%4&8<#7(-#"4#&(4&#;,"# *8',&8#(="7#*"6#0-%*,1&6#7%++"#)"#&>8#$-%1*<#*"6# *1-"7&",-<#4%,6#4"#6%++"6#0(6#*"6#60871()16&"63# >,1)"6#?#$-1-"<#*"#)(#+(-5(-14"<#(1461#;,"#*/(,&-"6# L4# *1-"7&",-# 6(1&# .# ,4# 0",# *"# &%,&# 6,-# &%,&# 2<# 0-%*,1&6#*"6&1486#?#)(#5-(4*"#7%46%++(&1%43#B4# +(16#1)#4/"6&#0(6#,4#"J0"-&<#1)#4"#7%44(U&#0(6#)"6# EFFw<#K/(1#7>(458#*/"4&-"0-16"#"&#K/(1#7%++"478#?# 7>%6"6# "4# 0-%$%4*",-3# :1# "4# &(4&# ;,"# *1-"7&",-# &-(=(1))"-#0%,-#)(#+(16%4#d(4*"-3#v"#+/%77,0(16# K"# 6,16# 14&8-"668# ?# 7%44(U&-"# ;,");,"# 7>%6"# "4# )?# *"6# 0-%*,1&6# 7%++"# )/b=%+()&14"<# )/Y6%6&(-<# 0-%$%4*",-<#()%-6#K"#+/(*-"66"#?#)/,4#*"#+"6#7%)9 %,# "47%-"# *"6# ()1+"4&6# 0%,-# '8'863# M")(# (# 8&8# )('%-(&",-6<#"J0"-&#*(46#6%4#*%+(14"<#;,1#6(,-(# XQH H[SpULHQFH WUqV HQULFKLVVDQWH SDU UDSSRUW j OD +"#-"46"154"-3 GLYHUVLWp GH OD YHQWH GH SURGXLV DOLPHQWDLUHV 7UqV =1&"<#K/(1#0,#0-"4*-"#'"(,7%,0#0),6#*"#-"60%46('19 Quel est votre rĂ´le en tant que directeur ? )1&86#*(46#)(#="4&"#"&#K/(1#-(01*"+"4&#(778*8#?#)(# P%4#-R)"#0-14710()#"4#&(4&#;,"#*1-"7&",-#"6&#)18# *1-"7&1%4#*"6#="4&"6#7>"_#d(4*"-#;,1#?#)/80%;,"# (,J#7%))('%-(&",-63#v"#*%16#0%,=%1-#+%&1="-#)"6# 7%++"-71()16(1&#*"6#0-%*,1&6#()1+"4&(1-"6<#+(16# "+0)%O86#(="7#)"6#-"66%,-7"6#*160%41')"6#"&#)"# 85()"+"4&# 0>(-+(7",&1;,"63# M"71# +/(# 0"-+16# &"+06# ;,"# K/(1# ?# *160%61&1%43# B=1*"++"4&<# K"# */8)(-51-# +"6# 7%44(166(47"6<# 0,16;,"# )/%4# 4"# 4"# 0",J# 0(6# &-(1&"-# &%,6# )"6# 6,K"&6# 7(-# K"# *%16# ="4*# 0(6# *,# 7>%7%9 )(&#7%++"#)/%4#="4*# Un directeur sait ÂŤ un peu de tout sur tout Âť, mais il n’est *"6# +8*17(+"4&6# ?# pas un expert, il ne connaĂŽt pas les choses en profondeur. ,4# 0>(-+(71"43# B4# kAAk<# d(4*"-# 6/"6&# 7%46"-="-# *,# &"+06# 0%,-# )/(60"7&# >,+(14# *"# $(1&#-(7>"&"-#0(-#)"#5-%,0"#'-1&(441;,"#V66%71(&"*# )/"4&-"0-16"3# T"# 7"# $(1&<# K/"66(1"# */%-1"4&"-# )"6# D-1&16>#X%%*6#`#"4#;,");,"#6%-&"<#K"#+"#6,16#)(1668# 7>"$6# *"6# *1$$8-"4&6# *80(-&"+"4&6<# +(16# K"# )"6# YHQGUH DYHF OÂśHQWUHSULVH HW WUqV YLWH MH VXLV GHYHQX )(166"#&%,&"$%16#0-"4*-"#)",-6#0-%0-"6#*87161%46# *1-"7&",-#*"#)(#+(16%4#d(4*"-3 "&# &-%,="-# )",-6# 0-%0-"6# 6%),&1%46# (,J# *1$$89 UHQWV SUREOqPHV 0RQ SRLQW GH YXH VXU FH VXMHW

Comment ĂŞtes-vous arrivĂŠ Ă la direction *1="-5"# ;,");,"# 0",# *"# 7"),1# *,# $%4*(&",-# *"# de Rivella ? v/(1# ;,1&&8# #d(4*"-# "4# kAEE# 0%,-# -"K%14*-"# ^1="))(3#B$$"7&1="+"4&<#1)#O#(#'"(,7%,0#*"#61+19 )1&,*"6# "4&-"# )"6# *",J# "4&-"0-16"6<# 4%&(++"4&# "4#7"#;,1#7%47"-4"#)(#+(-;,"#0,16;,"#*(46#)"6# *",J#7(6<#1)#6/(51&#*/,4"#+(-;,"#;,1#"6&#(47-8"# (,#$%4*#*,#7u,-#*"6#:,166"63#!(#0),6#5-(4*"#*1$9 $8-"47"#"4&-"#^1="))(#"&#d(4*"-#"6&#;,"#^1="))(# (00(-&1"4&# ?# ,4"# $(+1))"3# x%,6# 6(="_<# )%-6;,"# )/%4#0(-)"#*"#^1="))(#(="7#)"6#7%46%++(&",-6<# %4# "4&"4*# 6%,="4&# )"# -871&# */(4"7*%&"6# $(+19 )1()"6#;,1#-"+%4&"4&#?#)/"4$(47"3#P()>",-",6"9 +"4&<#4%,6#(=%46#85()"+"4&#*"#)/(,&-"#7R&8#*"6# 7%46%++(&",-6# ;,1# %4&# ,4# 0",# 0"-*,# 7"# 5%r&# GX 5LYHOOD HW TXL FRQVLGqUHQW OD PDUTXH FRPPH 8&(4&#,4#0",#=1"1))%&&"#"&#.#0%,6618-",6"#2<#4%9 &(++"4&#"4#:,166"#-%+(4*"3

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Quelles sont à votre avis les qualitÊs essentielles d’un directeur aujourd’hui ?

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Quels ont ÊtÊ les obstacles que vous *",J#6"+(14"6#"))"#4/(,-(#0(6#&-%,=8#*"#^1="))(# avez rencontrÊs au lancement du Rivella "&#)%-6;,/"))"#6"#&-%,="#*(46#)/(=1%4#"))"#0%,--(# Jaune ? "4#'%1-"3#B4#"$$"&<#%4#"6&1+"#?#tAc#)"6#0"-6%44"6# M/"6&# ,4# 0",# *1$$171)"# 0%,-# +%1# */"4# 0(-)"-# 0,16;,/?# )/80%;,"# K"# 4"# 4/8&(16# 0(6# "47%-"# )?# +(16#K"#+"#6%,=1"46#;,"#)"#)(47"+"4&#*"#^1="))(# v(,4"# 8&(1&# 0(-$(1&3# b4# "4# 0(-)(1&# 0(-&%,&<# )"# kA# P14,&"6#8&(1&#K(,4"#"&#)"#7%47"0&#8&(1&#'1"4#0"4683# -H SHQVH SDU FRQWUH TXH OH SUREOqPH pWDLW VLP9 0)"+"4&#)"#5%r&3#!"#5%r&#*,#6%K(#8&(1&#&-%0#$%-&3# &œHVW OH PrPH SUREOqPH GDQV WRXW OH GRPDLQH GH )(#4,&-1&1%43#:1#)"#5%r&#*,#0-%*,1&#4"#0)(U&#0(6<#)"# 7%46%++(&",-#(#&"))"+"4&#*/(,&-"6#7>%1J#;,/1)#=(# 61+0)"+"4&#7>%161-#(,&-"#7>%6"3#!"#^1="))(#v(,4"# 8&(4&#(=(4&#&%,&#*"6&148#(,J#0"-6%44"6#4%4#&%)89 -(4&"6#(,#)(1&#`#7%++"#)"#5%r&#4"#0)(16(1&#0(6<#1)# )",-#6,$$16(1&#*"#'%1-"#,4"#'%166%4#4"#7%4&"4(4&# 0(6# )"#6,7-"#*,#)(1&3#!"#-16;,"#+(14&"4(4&#(="7# 7"&#8016%*"#*,#^1="))(#v(,4"<#7/"6&#;,"#)/%4#4/%6"# 0),6#144%="-3#Y)#6"-(1&#*(45"-",J#*"#6"#*1-"W#.#y(# 4/(# 0(6# $%47&1%448# (="7# )"# v(,4"<# *%47# %4# 4"# =(# 0(6# "66(O"-# ;,");,"# 7>%6"# */(,&-"# 23# PC+"# +(14&"4(4&#(="7#)/14&-%*,7&1%4#*"#^1="))(#GC7>"# "&#^1="))(#^>,'(-'"<#%4#7%4&14,"#?#+"#0%6"-#)(# ;,"6&1%4#7%47"-4(4&#)"#^1="))(#v(,4"3#x%,6#6(="_<# *(46#,4#7(6#4%-+()<#)(#+%1&18#*"6#144%=(&1%46#4"# IRQFWLRQQH SDV 2Q SDUOH GH KXLW j QHXI LQQRYD9 WLRQV VXU GL[ TXL QH VRQW SOXV VXU OH PDUFKp DSUqV FLQT DQV 0DLV GH PDQLqUH JpQpUDOH OHV FRQVRP9 +(&",-6#6%4&# &%,K%,-6# 7%4&"4&6#*"#*87%,=-1-#*"# 4%,="(,J#0-%*,1&63

Aujourd’hui, quelle image Rivella veutelle projeter sur le marchÊ et comment souhaitez-vous vous positionner face à vos concurrents ? !%-6;,"# )/%4# 0(-)"# *,# 0%61&1%44"+"4&# *"# )(# +(-;,"#^1="))(<#1)#O#(#&-%16#8)8+"4&697)86#?#7%4619 *8-"-3# !"# 0-"+1"-# "6&# )"# 7R&8# *86()&8-(4&3# a%,6# *861-%46# (00(-(U&-"# 7%++"# 8&(4&# )"# *86()&8-(4&# RIILFLHO GHV 6XLVVHV 'HX[LqPHPHQW OH JR€W 1RXV -"7>"-7>%46#,4"#'%166%4#(="7#,4#5%r&#,41;,"#"&# ;,1#0)(U&3#a%,6#7>"-7>%46#85()"+"4&#?#+"&&-"#"4# (=(4&#)"#7R&8#60%-&1$#"&#.#=1"#(7&1="#2#"&#7/"6&#0%,-# 7"&&"#-(16%4#;,"#4%,6#(1+%46#)1"-#4%&-"#+(-;,"# (,#*%+(14"#*,#60%-&<#0(6#,41;,"+"4&#)(#0"-$%-9 +(47"<# +(16# )"# $(1&# *"# '%,5"-3# Y)# "6&# 1+0%-&(4&# 0%,-#4%,6#;,"#)"#0%61&1%44"+"4&#*"#^1="))(#6%1&# "4#(77%-*#(="7#)"#+"66(5"#;,"#)/%4#=",&#0(66"-3# B4#"$$"&<#1)#6/(51&#*/,4"#'%166%4#6,7-8"<#+(16#4%,6# =%,)%46#;,"#)"6#7%46%++(&",-6#6(7>"4&#;,"#4%,6# 6%,&"4%46#85()"+"4&#)",-#'1"49C&-"#"&#)",-6#(7&19 YLWpV VSRUWLYHV )LQDOHPHQW OH WURLVLqPH SRLQW HVW )"#.#6\1664"66#23#^1="))(#"6&#)(#+(-;,"#*"#7u,-# *"6#:,166"63#:1#%4#0-"4*#)/"J"+0)"#*/,4"#$(+1))"# 6,166"# ;,1# 0(-&# "4# =(7(47"6# ?# P()&"`# 0"4*(4&#

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Avec le Rivella Bleu, vous ĂŠtiez les premiers Ă proposer une boisson light. Quelle place occupe l'innovation au sein de la stratĂŠgie de Rivella ? V#)/80%;,"#*,#$%4*(&",-<#)/144%=(&1%4#4/8&(1&#0(6# (66"_#+(-;,8"<#K"#0"46"3#Y)#6"#7%4&"4&(1&#*,#^%,5"3# M/"6&#0",&9C&-"#$14()"+"4&#+%4#0-%0-"#(008&1&#;,"# */(=%1-#0),6#*/144%=(&1%4#(,#6"14#*"#)(#+(-;,"<# 7/"6&9?9*1-"#*/(=%1-#,4#0-%*,1&#*%4&#)"#5%r&#8=%),"# (="7#)"#&"+06<#61#%4#0-"4*#)/"J"+0)"#*"#)(#5)(7"# *%4&#)"6#6(=",-6#7>(45"4&#(,#$1)#*"6#6(16%463#T(46# )"#*%+(14"#*"6#'%166%46<#%4#4/"6&#0(6#(66"_#-(01*"# *(46#)"#7>(45"+"4&#*"#)/(66%-&1+"4&3#!"#',&#&%,9 &"$%16# 4/"6&# 0(6# *"# 7-8"-# *"# 4%,="))"6# 7%,)",-6<# +(16# */(=%1-# ,4"# 0()"&&"# *"# 6(=",-6<# ,4# (66%-&19 +"4&#*"#5%r&6#*"#6(16%4#;,1#7>(45"3#V1461<#+C+"# )"#^1="))(#^%,5"#"&#)"#^1="))(#D)",#"4#0-%$1&"-%4&<# á‚­ K"#0"46"3#G%,-#+%1<#1)#"6&#1+0%-&(4&#;,"#)"6#"4$(4&6# Originaire de Soleure, Erland BrĂźgger est *"#*"+(14#4"#*16"4&#0(6#W#.#!"#^1="))(<#7/"6&#)(# mariĂŠ et père de trois ERLVVRQ GH PD JUDQG PqUH ÂŞ PDLV SOXW{W TXÂśLOV enfants. *16"4&#W#.#!"#^1="))(<#7/"6&#+(#'%166%4<#(="7#,4# Photos de l'interview: 5%r&#;,1#4/"J16&(1&#0(6#(=(4&#23#Y)#"6&#1+0%-&(4&#Ĺš# Alberto Celada.

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Au niveau de sa stratÊgie sur le plan international, dans quels pays Rivella estelle aujourd’hui prÊsente ? a%,6# 6%++"6# 0-86"4&6# (,J# G(O69D(6<# (,# !,J"+'%,-5<# "4# V))"+(54"<# "4# X-(47"# "&# "4# V,&-17>"3#V,J#G(O69D(6#"&#(,#!,J"+'%,-5<#4%,6# SRXYRQV GLUH TXH QRXV VRPPHV pWDEOLV GH PDQLqUH 6%)1*"#`#"4#"$$"&<#61#%4#-"&1-"#)"#0-%*,1&#*(46#7"6#0(O69 )?<# )"6# 7%46%++(&",-6# (,-(1"4&# ,4# -8")# +(4;,"3# T(46#)"6#(,&-"6#0(O6<#4%,6#6%++"6#*(=(4&(5"#*(46# ,4"#0>(6"#*/(00-%7>"#*,#+(-7>8#`#%4#4"#0",&#0(6# *1-"#;,"#4%,6#6%++"6#8&(')163#M")(#&1"4&#(,661#*,# $(1&#;,"#4%,6#(=%46#('%-*8#)"6#+(-7>86#*"6#G(O69 D(6# "&# *,# !,J"+'%,-5# '1"4# 0),6# &R&<# 6%1&# *(46# )"6#(448"6#6%1J(4&"3#V,J#G(O69D(6<#%4#'848$171"# */(1))",-6#*/,4#$%-&#0(-&"4(-1(&#(="7#x-,+%4(<#;,1# 0-%*,1&# 4%&(++"4&# )"6# 6%$&# *-14[6# *"# f"14"["43# a%,6# O# (=%46# )(478# -87"++"4&# ^1="))(#x"-&# `# 1)# $(,&#6(=%1-#;,/(,J#G(O69D(6<#1)#4/O#(#;,"#)"#D)",#"&# 0(6#)"#^%,5"<#7(-#0%,-#",J#^1="))(#"6&#,41;,"+"4&# 7%461*8-8#7%++"#,4#0-%*,1&#)15>&3#B4#V))"+(54"<# %4#(#7%++"478#(="7#,4"#(,&-"#+(-;,"#;,"#^1="))(# 7(-#4%,6#(=1%46#*"6#*1$$17,)&86#?#$(1-"#"4-"516&-"-# .# ^1="))(# 23# T"0,16# kAA@HkAAw# 6",)"+"4&<# %4# 7>"-7>"#?#6/8&(')1-#6,-#)"#)%459&"-+"<#4%&(++"4&# (,# &-(="-6# *"# )(# 0,')171&83# z,(4&# ?# )(# X-(47"# "&# )/V,&-17>"<#7/"6&#0),&R&#&(7&1;,"3#b4#0%,--(1&#'1"4# 6r-#$(1-"#*(=(4&(5"#6,-#)"#0)(4#14&"-4(&1%4()3

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Quelles sont les tendances Ă venir que Rivella doit prendre en considĂŠration pour rester concurrentielle ?

M"-&(146# *8=")%00"+"4&6# 0%)1&1;,"6# *%1="4&# C&-"#0-16#"4#7%461*8-(&1%4#6")%4#+%1<#7%++"#0(-# "J"+0)"# )(# ),&&"# 7%4&-"# )/%'861&8<# 6,-&%,&# *(46# 4%&-"#*%+(14"3#T"6#;,"6&1%46#&"))"6#;,"#W#.#T%1&9 %4#(J"-#6,-#)"#)15>&#%,#0(6#j#T%1&9%4#*(=(4&(5"# 7%++,41;,"-#"4#&"-+"6#*"#6(4&8#"&#*/()1+"4&(9 &1%4#j#2#6%4&#*"6#0%14&6#?#4"#0(6#485)15"-#*(46#)"# $,&,-3#T/,4#(,&-"#7%&8#85()"+"4&<#1)#$(,&#;,"#)/%4# -"6&"#(7&1$#"4#&(4&#;,"#+(-;,"3#M"#6%4&#"4#"$$"&# *(=(4&(5"#=%6#0(-"4&6#;,1#%4&#8&8#1+0-85486#0(-# 7"&&"#+(-;,"<#6,-&%,&#"4#:,166"#-%+(4*"3#:")%4# Dans les annÊes 1980, Rivella a tentÊ de +%1<#%4#(#+C+"#0"-*,#,4"#5848-(&1%4#*(46#7"&&"# conquÊrir le marchÊ japonais ; cela n’a 0(-&1"#*"#)(#:,166"3#!(#-")(&1%4#"6&#)?#+(16#"))"#"6&# pas ÊtÊ fructueux. Pourriez-vous nous )%14&(14"3#B4#:,166"#())"+(4*"<#0(-#"J"+0)"#%4# en expliquer les raisons ? =%1&#)"6#5"46#'%1-"#*,#^1="))(#?#+1*1<#7"#;,/%4#4"# v"#4/(1#0(6#)"6#-(16%46#"J(7&"6<#+(16#"4#"$$"&<#7")(# YRLW TXH WUqV UDUHPHQW HQ 6XLVVH URPDQGH &HOD 4/(#0(6#$%47&1%4483#v"#0"46"#;,"#7")(#(#'"(,7%,0# 7/"6&# 7)(1-"+"4&# ,4"# &o7>"# ;,"# 4%,6# (=%46# (,# ?#=%1-#(="7#)"#$(1&#;,/%4#4"#7%44(166(1&#0(6#)"#0-%9 0%14&# *"# =,"# +(-["&145# W# 68*,1-"# )"6# 4%,="))"6# *,1&3#G-"4"_#)/"J"+0)"#6,1=(4&#W#=%,6#*"="_#"J0)19 5848-(&1%46<#6,-&%,&#"4#:,166"#-%+(4*"3 ;,"-#0(-#*"6#+%&6#7"#;,/"6&#)"#^1="))(#?#;,");,/,4# ;,1#4"#7%44(1&#0(6#"&#=%,6#7%++"47"_#0(-#*1-"# ;,"#7/"6&#*,#68-,+#*"#)(1&#(="7#*"6#',))"63#!"6# Pour terminer, quels sont les conseils 5"46#0",="4&#C&-"#7>%;,86<#K"#0"46"3#!"#+"1))",-# que vous donneriez à des Êtudiants en +%O"4# 0%,-# 7%4=(147-"# 6")%4# +%1# -861*"# '1"4# Êconomie arrivant au terme de leurs 0),6# *(46# )"# $(1&# *"# $(1-"# 5%r&"-# )"# 0-%*,1&3# M"# Êtudes ? 0%14&9)?# "6&# 0%,-# +%1# )/%'6&(7)"# 0-14710()# *(46# v"#)",-#7%46"1))"-(16#*"#&-(=(1))"-#*(46#)"6#*%+(14"6# )(#7%4;,C&"#*"#4%,="(,J#+(-7>863#G",&9C&-"#,4# *(46#)"6;,")6#1)6#6%4&#$%-&6#"&#;,/1)6#(1+"4&3#b4#0(-)"# K%,-<#)"#+(-7>8#(61(&1;,"<#+(16#0(6#0%,-#)/146&(4&3# 6%,="4&#*"#\%-[9)1$"#'()(47"#`#61#=%,6#0%,="_#$(1-"# V,#41="(,#*"6#B&(&69L416<#4%,6#(=%46#85()"+"4&# ;,");,"#7>%6"#;,"#=%,6#(1+"_<#()%-6#=%,6#-8,66169 "66(O83#Z%,&"$%16<#1)#$(,&#5(-*"-#"4#&C&"#;,"#4%,6# 6"_#?#(&&"14*-"#7",1)1'-"#6")%4#+%13#M"#6%4&#"4# 6%++"6# ,4"# GPB# 6,166"3# G%,-# )"6# :,166"6<# %,1# &%,6#7(6#)"6#7%46"1)6#;,"#K"#*%44"#?#+"6#"4$(4&63 Ŝ


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ÉTUDIANTS

JEAN-STÉPHANE YERLY

Que pensez-vous de l'initiative populaire pour l'abolition des forfaits fiscaux des riches étrangers, lancée par les milieux de gauche ?

Elise Nicod

Luwam Abraha

Bachelor of Science in Business Administration

Bachelor of Science in Business Administration

HEG troisième année

HEG troisième année

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Votation populaire du 30 novembre 2014.

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JEAN-MARC SYLVESTRE

source: jeanmarc-sylvestre.com

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Jean-Marc Sylvestre. Journaliste français.

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