in Hong Kong 1. Introduction We are now living in an economically prosperous society and enjoying much higher living standards than ever before. However‚ while we benefit from these nice conditions‚ there are also some arising concerns. One of these problems is obesity‚ which has a variety of causes‚ but is likely related to our new way of life. This report is going to focus on the obesity problem in Hong Kong‚ and will discuss four possible causes and offer reasonable solutions to them. 2. Is
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In 1836‚ the Chinese government undertook a major policy review of the opium trade. Lin Zexu volunteered to take on the task of suppressing opium. In March 1839‚ he became Special Imperial Commissioner in Canton‚ where he ordered the foreign traders to surrender their opium stock. He confined the British to the Canton Factories and cut off their supplies. Chief Superintendent of Trade‚ Charles Elliot‚ complied with Lin’s demands in order to secure a safe exit for the British‚ with the costs involved
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first year‚ Disneyland in Hong Kong were 400‚000 short of its target of 5.6 million projected visitors Estimated attendance: 2008: 7.1 million Actual attendance: 8.2 million In order to attract more visitors‚ the park has announced to add four new attractions‚ apart from the already-announced it’s a Small World‚ in 2008. 2.) Did Disney realize the projected income from the J.V.? Hong Kong Disneyland Resort is owned by a joint venture company‚ Hong Kong International Theme Parks Limited
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Hong Kong Cinema The Chinese art form I ’ve chosen to write about is film‚ with an emphasis on Hong Kong Cinema. I enjoy movies‚ in particular action films. Hong Kong Cinema has produced some of the best action films I have ever seen. I will discuss three Hong Kong Action genres‚ Martial Arts films‚ the Kung Fu Comedies and the Triad films. My first experience with Hong Kong Cinema came in the 1970s with Martial Arts films. Martial arts‚ emphasizes self-strengthening‚ therapeutic exercise
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THE THEORY OF THE FIRM Notes by:Ramon Somar THE THEORY OF THE FIRM Even though managerial economics is not concerned solely with the management of business firms‚ this is its principal field of application. To apply managerial economics to business management‚ we need a theory of the firm‚ a theory indicating how firms behave and what their goals are. The concept of the firm plays a central role in the theory and practice of managerial economics. An understanding of the reason for the existence
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Summary of the Article‚ ”Why do firms exist”……….. Ronald Coase may not be as famous as other economists due to his non-recognisable status but at the turn of the century ‚ he was able to achieve a recognisable status by applying practical theories on pre- existing economic theories. Highlights Deregulation revolution of 1980s Re-surfacing the pin factory which was the foundation of division of labour criticism of earlier economics theories of Adam Smith and others. Bureacracy in modern
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DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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Should bicycle be promoted as major transport in Hong Kong? In the recent years‚ the bicycle has become one of the popular exercises in Hong Kong and some legislative councilors advocate to promote cycling as major transport so as to sustain the low-carbon living. This promotion has given rise to many discussions in the society. While some advocates believe riding bike can enhance the citizens’ health‚ others concern that cycling may increase the danger of other road users. This paper examines
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their mark or failure. How can there be more drive or motivation to do better‚ what can I do to encourage or motivate them further? Questions – One or two specific questions that came to mind during this reading are… The chapter talks about moving away from formal testing and towards overall assessment schemes‚ description-based and formative. This certainly has not been adapted into the Hong Kong school system. Do you think something like this could ever come about? If not is there a way to
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05/08/2012 Last topic: THEORY OF THE FIRM Topic 5 Market Structures (I) Nature of the firm Theory of production Fixed v/s Variable factors Time periods Product concepts – TR‚ AR‚ and MR Product curves & Economic intuition Theory of costs – Short Run TC‚ FC and VC (AFC‚ AVC and SAC) SAC and SMC Cost curves & Economic intuition Relationship between product and cost curves Theory of costs – Long Run TC LAC and LMC Cost curves & Economic intuition Economies and Diseconomies of scale Theory
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