The following case report details both internal and external factors which attribute to the case. On the internal side‚ factors include unfavourable organizational leadership‚ aggressive organization culture and uncompromised organization goals. Organizational leadership fails to demonstrate trust to employees. The firm eliminated 22000 jobs from 2006 to 2008. It shows that the company routinely fire people who cannot comply with the managers’ command. Therefore‚ the employees have been fear of
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Learning English through Popular Culture The human desire to look attractive is universal and because of this‚ cosmetic surgery is now a multi-million dollar industry. Write a letter to the editor of the Hong Kong Express about the obsession with physical beauty. Dear Editor‚ I am writing to express my grave concern towards the obsession with physical beauty in the territory. Seeing that a deluge of advertisements and billboards concerning beauty parlors and slimming centres show up on magazines
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inflation in Hong Kong Over the past few years‚ the prices of food have been increasing in Hong Kong. The Hong Kong Census and Statistics Department (2010) reported that the increase in food price in 2009 was relatively large. Some of the food items that experienced surges in prices included live chicken (20% increase in average retail price) and fresh beef (7% increase in average retail price). Outcries by the public have suggested that this food price inflation has had a negative impact on Hong Kong’s
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their currency to that of another country to promote economic growth. Fixed exchange rates allow importers and exporters to know exactly what kind of exchange rate they can expect for their transactions. This in turn helps to control inflation and temper interest rates‚ allowing an increase in trade. In addition‚ it’s important for a country’s exports to be greater than their imports to prevent a heavy trade deficit. Several factors help predict whether a country is going to experience a crisis. Recent
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the world has investigated the method to less rely on the fossil fuel. Hong Kong‚ being a part of the world‚ should also take the responsibility to do so. Many may wonder is Hong Kong potential enough to use more renewable energy? The answer is simple-why isn’t it? Renewable Energy in Hong Kong There are many types of renewable energy‚ hydropower‚ wind powers‚ solar energy‚ etc. However‚ developing renewable energy in Hong Kong always faces lots of problems and limitations. The factors such as capital
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Introduction: Fast food restaurant is one of most common industry in Hong Kong. Some well-known company such as McDonald even is an international company. So what is the mode of operation under the global competition? According to the Marxism‚ the capitalist may perspective their staff in order to increase the profit. After the implementation of minimum wage‚ does the situation has improve? I’ll consider this critical problem in this essay and state about what kind of perspective they use before
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Anheuser-Busch InBev in Hong Kong Anheuser-Busch InBev is a Belgium based consumer products company that carries over 200 beer products within the global market. Along with producing beer‚ they also have operations in adventure park entertainment and packaging. Their lifelong achievement is to be the Best Beer Company in a Better World (AB InBev 2011 Annual Report). Their products are divided into three different types of brands: local‚ multi-country‚ and global brands. Six of their global
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Hong Kong Business Law Assignment 1 1. Zoe wants to sue the retailer to claim back property damage of $22‚000. The consumer claim to sue the retailer of HK$22‚000 is a minor monetary claim. The Smalls Claims Tribunal was set up to deal with monetary claims involving amounts not exceeding HK$50‚000. It is an inferior court which provides a quick ‚ inexpensive and informal method of adjudicating disputes relating to minor monetary claim. Legal representation is not allowed. It is most feasible
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Students are unhappy Who think that being a student is happy nowadays? A recent survey showed that Hong Kong students are not happy with their lives. Some even have a very negative attitude towards life. The primary cause of their unhappiness is their failure to get good results‚ to achieve their ambitions and maintain the good relationship with their parents and friends. We should have a better insight on how these affect students. When students are unable to get good results‚ they feel
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Compare and contrast the lifestyle in Macau and Hong Kong According to the Business Dictionary.com‚ the word “Lifestyle” refers to the way of living of individuals‚ families (households)‚ and societies‚ which they manifest in coping with their physical‚ psychological‚ social‚ and economic environments on a day-to-day basis. This means that citizens of a particular society will change their everyday life or behavior in order to adapt to the ever-changing environment. In this report‚ I would like
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