weaknesses does Macau possess? 1. Macau is one of the two Special Administrative Regions (SAR) of China‚ with an area of 29.5 square kilometres and a population of about 631‚000 (DSEC‚ 2014). As a popular Asian travel destination‚ it is heavily reliant on tourism to support its economy. In the third quarter of 2014‚ Macau visitor arrivals increased by visitor arrivals increased by 11% year-on-year to 2‚654‚18 (DSEC‚ 2014). Tourism industry is the most important industry in Macau. It mainly focuses
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What do you think of the future of Macau? Macau situated in the Pearl River delta which is a dynamic place. Macau transforms into a highly urbanized place over the period of the last seven years. Now the Macau government is doing sea reclamation to increase the land area of Macau so that urban planning to be more balanced with the environment. This is due to the projection of increasing population in Macau. The expected projection of Macau population in the year 2036 is almost 759 hundred thousand[1]
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G I L L E S P I E case study Venetian‚ Macau architect Aedas (Macau) Ltd main contractor Hsin Chong Engineering (Macau) Ltd casino creation As a key contributor to the spectacular decorative theming of the Venetian Sands Casino complex in Macau‚ Gillespie has earned widespread acclaim for problem solving‚ professionalism and flawless workmanship in producing vast areas of the highest quality interior GRG decorative finishes. The Venetian resort‚ located on the Cotai Strip‚ is a remarkable
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partnering with selective customers to create superior value for the company and the customer. Importance of CRM • • • • Growing de-intermediation process Growth of the services economy Emergence of TQM/ JIT/ MRP/ ERP Advent of digital technology/ complex products/ solution selling • Hyper competition • Changing customer expectation • Globalisation – global account management CRM Process CRM Formation • Purpose – Improve marketing effectiveness – Improve marketing efficiency • Programs – Continuity
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The author here cites this case as a support to influence the importance of customer relationship management’s study in the present market scenario. Due to the facts of big bucks investment in this field while implementing CRM the case shows that it is becoming a rather de-motivating strategy for the companies to invest huge amounts of money in things that doesn’t seem successful‚ analyzing the past records. Customer relationship management is an approach to managing a company’s interactions with
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Economic Analysis Malaysia is a continuous developing country‚ economic growth was mainly depends on manufactured export‚ which resulted in more and more foreign companies to invest and set up factories in Malaysia. Base on some research‚ Malaysia is the major producer and exporter of jewelry and gems in the world. There are some advantages for our company to set a production base and export base in Malaysia: ➢ Continuous Economic Growth: Malaysia has developed rapidly in recent years. Its
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Recommendation a) Attractions diversification As we all know‚ Macau paid high attention in developing casino in the past few years. Although it brought a considerable of revenue to the Macau’s government‚ there were limited places for tourists to visit. There is a need for Macau’s government to enhance more attractions and aim to longer length of stay. Creating new attractions such as theme park‚ historical building and conservation park can attract different market segments and visitors can
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The expansion of the Portuguese Overseas Empire to include Macau is an example of colonialism. The colony of Macau is of particular interest as it was Europe’s first presence in East Asia and the last colony to leave the region. Portuguese colonization of Macau was slow. The first contact was in 1513 when Jorge Alvares and his crew anchored on the Pearl River Delta and claimed the land for Manuel I (Russel-Wood‚ 1998). Initially‚ the Portuguese established a trading port‚ once they were given Chinese
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Security Fund (SSF) was established on 23 March 1990 to provide basic social security for the Macau residents. According to the Act 84/89/M‚ Social Security fund would provide subsidies or assistance for unemployed‚ sick and retired people. This was the so-call “the first tier of social security”. At the same time‚ SSF was positioned as a financially independent fund under the local government. In Macau‚ Pension fund is included in the SSF‚ and there is no separation between the management of pension
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Introduction: Macau is one of an interesting destination of China that has special administrative regions of China. It is located on the western side of the Pearl River Delta and face to the South China Sea to the east and south. Macau is a place where existing two cultures of Euro-Asian cultural heritage attract tourists from all over the world. Macau is known as a destination where provides entertainments for tourists such as theme parks‚ nightclubs and shopping experiences‚ casino. In addition
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