case relates‚ in particular‚ to the problems currently being faced by HCF. Its new Managing Director‚ Jeffrey Cheong had just taken over and was immediately and inundated with problems. Two of HCF’s major client Kiki and Houida‚ two European fashion houses had informed Jeffrey of their attention to pull out contracts with HCF and look towards China as their supplier. HCF is no match to China’s growing economy and this new development will definitely cause the downfall of HCF unless something is done
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Synopsis The case started with the dilemma faced by the protagonist‚ Jeffry Cheong when both of his major clients KiKi and Houida (European fashion houses) was writing to Jeffry to inform him that they may be looking forward to China as the prices are very competitive. Jeffry Cheong was managing director at Haute Couture Fashions Bhd (HCF). Loss of its major two clients (KiKi and Houida) would be catastrophic to HCF as now the financial statement of HCF showed HCF has been experiencing falling margins
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tailoring men’s clothing in Argy11 Road‚ Penang until his retirement in 1980. HCF started out as a family owned business with all of its shares being held by the Tan family. Peter prepared to bid for contract manufacturing deals with the European fashion houses. HCF started its first fully equipped factory in Penang in November 1974. HCF very quickly established itself as a high quality manufacturing of both men’s and women’s clothes. In July 1980‚ HCF opened its new factory in Butterworth. After 10 years
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Agatha Christie says‚ “A mother’s love for her child is like nothing else in the world. It knows no law‚ no pity. It dares all things and crushes down remorselessly all that stands in its path. “. Mother being the supreme lover‚ loves her child like nothing. A mother dissipates the clouds of darkness‚ and cause peace to return to our hearts when we are helpless in the wilderness life with her kind precepts and counsels. From the moment we are born till we are cradled in the chariot of death‚ we
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Exhibit 1 Selected Operating Projections for Match My Doll Clothing Line Expansion 2010 Revenue Revenue Growth Production Costs Fixed Production Expense (excl depreciation) Variable Production Costs Depreciation Total Production Costs Selling‚ General & Administrative Total Operating Expenses Operating Profit 2011 4‚500.00 2012 6‚860.00 52.44% 0.00 1‚250.00 575.00 2‚035.00 152.20 2‚762.20 1‚155.00 575.00 3‚403.80
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Courage Look! There in the corner! That is the biggest spider ever! Who will have the courage to go and shoo it away? Courage is the ability to find the strength to do something one is afraid to do. Courage is bravery‚ it’s valor‚ its gallantry. Courage means you have “guts”; when one has courage they are strong-willed‚ opinionated‚ they stand up for themselves and others. Courage is not being scared‚ fearful‚ weak. Having courage is not running the other way or cowering in fright when something
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What is Courage? Dear Local Government‚ “The bravest thing you can do when you are not brave is to profess courage and act accordingly‚” Corra Harris once said. What sets courageous people apart from cowards is fortitude. Having the will to go out and face difficulties and diffuse them with passion and strength is true courage. Everyday people can possess courage. It can be shown through different careers‚ facing your fears‚ and your actions. Courage is needed in many careers. People in the
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Edwin James Dr. D. Wei SYG 2000 26 February 2007 Courage to say “no”. We all have difficult decisions to make in life. When these decisions involve someone you care about and when it means doing something you don’t want to do‚ it becomes even more difficult. Several instances come to mind where I had to make a choice that could ultimately affect my relationship with the other party. I will cover two‚ one when I was a young boy and another as an adult‚ both of them significant. I was born
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Never Forget In the darkest of times‚ heroes or cowards are not made‚ but are revealed to the eyes of humanity. Heroes do not do unrealistic things‚ but do realistic things under unrealistic circumstances. Men and women put their lives on the line just so you can be safe. Those men and women do it every day of our lives‚ whether it is firefighters‚ police officers‚ or even soldiers overseas. No one can pay them back for what they do‚ and yet‚ they still go out and give up their lives so that someone
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Courage. What comes to mind when you hear this word? Respect‚ bravery‚ admiration‚ fear or may be…nothing. Courage can often be hard to define and even harder to demonstrate. Some people would say that courage is someone with a strong heart. While others would say that courage is telling the truth instead of denying it. In the dictionary‚ courage is defined as mental or moral strength to venture‚ persevere and to withstand danger‚ fear‚ or difficulty. Harper Lee‚ the author of To Kill a Mockingbird
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