The External Factor Political‚ Governmental & Legal Forces Government spending and taxation policies Hong Kong is a free port of less tax and low tax rate. The tax must to pay for enterprise only pay the profit tax every year. The normal rate of Profits Tax is 16.5% for corporations and 15% for unincorporated businesses. More companies have been attracted to invest in Hong Kong. Hong Kong does not impose value-added tax (VAT)‚ goods and services tax (GST) or sales tax. The price of products
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ACD/3/001 |1.Objective / Goal |Focus will be on concepts‚ models‚ tools‚ and skills that are essential for strategic management. | | |A key objective of the course is to provide a setting that facilitates the development and refinement of the | | |knowledge and skills that are necessary for managers in today’s fast moving‚ unpredictable‚ and highly competitive| | |business
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Internal Recruitment The assessment of an employer’s current staff to ascertain if any current employees are sufficiently skilled or qualified to perform required job vacancies. When a business engages in internal recruitment‚ a current employee might be reassigned to the new position by giving them either a promotion or an internal transfer. Advantages of Internal Recruitment Reduced Recruiting Costs There are costs associated with recruiting‚ especially when your search is conducted outside of
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Environmental Threats Global Problems Sea Level Rising At present‚ sea levels around the world are rising. Current sea level rise potentially impacts human populations and the natural environment. Global average sea level rose at an average rate of around 1.7 ± 0.3 mm per year over 1950 to 2009 and at a satellite-measured average rate of about 3.3 ± 0.4 mm per year from 1993 to 2009‚[01] an increase on earlier estimates.[02] Climate change Destructive sudden heavy rains‚ intense tropical
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To what extent is an individual’s sense of belonging determined by external forces. Support your response by close reference to how ideas about belonging are represented in your prescribed text and at least one other related text of your own choosing. To a large extent external forces will influence an individual’s sense of belonging‚ however to a small extent internal forces also have an impact. This is reflected in the prescribed text “The Simple Gift” by Steven Herrick and the related texts
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THE INTERNAL ASSESSMENT OUTLINE | The Nature of an Internal Audit | | Integrating Strategy and Culture | | Management | | Marketing | | Finance/Accounting | | Production/Operations | | Research and Development | | Management Information Systems | | The Internal Factor Evaluation (IFE) Matrix | OBJECTIVES After studying this paper‚ you should be able to do the following: 1. | Describe how to perform an internal strategic-management audit. | 2. | Discuss
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INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
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External Forces Organizational change can be caused by external forces and internal forces. External forces commence outside of the organization and not only do they affect a company‚ but they also cause global affects. There are four components that play a crucial role in change of a organization from an external forces view. These four key factors allow a company to under go change and reconstruct its organization to improve its production and services. Demographics in the work place a re
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Stakeholder For other uses‚ see Stakeholder. Internal and external stakeholders of a company A corporate stakeholder is a party that can affect or be affected by the actions of the business as a whole. The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research institute. It defined stakeholders as "those groups without whose support the organization would cease to exist."[1] The theory was later developed and championed by R. Edward Freeman in the 1980s
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Super Bakery‚ Incorporated Costing Methods Super Bakery Incorporated (SBI) is a successful virtual corporation focused on supplying donuts and other baked goods to the institutional food market. SBI was founded in 1983 by former Pittsburgh Steelers’ running back Franco Harris. The management has used an outsourcing strategy‚ whereby‚ selling‚ manufacturing‚ warehousing‚ and shipping functions have been outsourced to strategic partners. The goal is to extract the maximum value-added from these
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