In the face of rising inflationary pressure in Hong Kong‚ some people have suggested that the Linked Exchange Rate system is the root cause of the situation and that the Hong Kong dollar should no longer be linked to the US dollar. The Financial Secretary already stated in his blog on 14 August that the Link continues to be the most appropriate exchange rate arrangement for Hong Kong. I will elaborate further on a few related issues. Many people who advocate un-pegging the Hong Kong dollar from
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State and explain 10 roles played by a manager in any given org A manager is a representative of subordinates‚ intermediary between work groups and top management. They serve to integrate an organization and the effectiveness depends on how well they co-ordinate. All the major ten managerial roles can be classified into three categories; interpersonal‚ informational and decisional. The figure-head role is the first of their interpersonal roles. They represent the organization in all matters of
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Afiya Hinds 733788 Unit 8 (P2) – Explain different psychological approaches to health practice. (P3) – Explain different psychological approaches to social care practice. In this criterion‚ the different psychological approaches to health practice and social care practice will be outlined and explained. Health practice is the act of a care professional that performs activities‚ methods and treatments in order to keep an individual health whether it is to do with diet‚ exercise‚ or bad habits
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are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons‚ customers do not want to have to spend an excessive amount of money to purchase a product‚ so if the product is cheaper in one store‚ such as Tesco‚ than in another store then customers will buy the cheaper one which then attracts more customers. An organisation survives through customer loyalty i.e. having regular customers
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Client Needs and Services Paper Jenna Hall BSHS/305 June 8‚ 2014 Instructor: Lonnie McCullough‚ LCSW Introduction I have been asked to explain how human service delivery settings are influenced by evolving client needs and how client services are changing due to trends in technology. In earlier days institutions were located in rural and remote places so that society members did not have to be reminded that people had disabilities. (Woodside‚ 2011). In the past‚ a lot of people
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Compare and contrast Handy’s cultures and Deal & Kennedy’s cultures. In your opinion‚ which is a more realistic representation of organisational culture? Justify and explain your answer. Organisational culture is a shared value belief which binds the people of an organisation together to achieve a particular objective. “In the early 1980s organisational culture became increasingly considered as both an obstacle to change and a vital ingredient of organisational success or failure” (Ian
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Concept and Meaning Of Training The next phase of employment program begins with the arrangement of training needs after the newly appointed employees have entered into the organization. The candidates placed on the job need training to perform their duties and responsibilities effectively and efficiently. The workers must be trained in order to operate machines‚ equipment‚ reduce scraps‚ and avoid accidents. It is not only the shop floor workers who need training but supervisors‚ managers and other
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Schools as organisations – Level 3 4Know about the legislation affecting schools. There are some laws and codes of practice that are set in place by government which schools have a duty to follow. Task 4.1& 4.2 Complete the table below to show an understanding of legislation and how the various pieces of legislation affect the day-to-day running of a school. Legislation How it affects the school Data Protection Act 1998 Data is to be used on a need to know basis and only used for the
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CHAPTER 5 REVIEW QUESTIONS (# 1-5) 1. With an increase in demand for medical services‚ how will different supply elasticities affect total medical expenditures? An increase in demand will affect prices and quantity of services differently because it depends on the elasticity of supply. When supply is relatively elastic‚ increase in demand will be accompanied by a price increase‚ but it would be much less if supply were inelastic. Under elastic supply conditions‚ a much greater increase in
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As a manager‚ I am responsible for service user needs assessments annually‚ I also conduct service user reviews with the care staff‚ service user family and multi disciplinary team. This provides me with the opportunity to establish service user’s individual ability‚ needs and most importantly preferences in relation to communication needs and develop a plan of action to provide for appropriate support that meets the service user communication needs and methods‚ in most cases‚ the professional are
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