Central Banking (FIN10908) Hong Kong Linked Exchange Rate System Hong Kong Linked Exchange Rate System Introduction Hong Kong’s Linked Exchange Rate system is a currency board system‚ which requires both the stock and flow of the monetary base to be fully backed by foreign reserves. It is the exchange rate system implemented in Hong Kong to stabilize the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). This means that any change in the monetary base is fully
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1.1 The different areas of learning and development include six main areas which are also linked to the EYFS framework‚ education programme which applies to young children of all ages. These areas of learning and development include personal‚ social and emotional development. This focuses on children learning to make new relationships‚ building their behavioural skills and self control‚ also other important aspects of this area of development is that children should have a good level of self confidence
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hiring the best-qualified candidate (from within or outside of an organization) for a job opening‚ in a timely and cost effective manner. The recruitment process includes analyzing the requirements of a job‚ attracting employees to that job‚ screening and selecting applicants‚ hiring‚ and integrating the new employee to the organization. Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the “organisation”. Recruitment is the activity that links
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Emotions in Organisations What are emotions? Physiological‚ behavioural and psychological episodes experienced toward an object‚ person or event that create a state of readiness A feeling‚ psychological state and biological state that incline a person to act in a certain way Emotions are experiences. Emotion and Work As actors we all through the process of socialisation learn how to control and manage emotions in certain contexts Emotions are getting more important in service section –
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There are many different ways of dealing with unacceptable behaviour from children and young people‚ there will be a behaviour policy put in place for all staff to follow. Also classroom rules. When children or young people display behaviour that is undesirable staff should be fair and be consistent with their reactions to the child or young person’s behaviour. Teachers and staff must be clear that the behaviour is not acceptable but not the child .when imposing a sanction it should not be based
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How legislation affects schools and the individuals working in them Schools have to follow the laws and codes and are expected to operate under certain legislations. As an individual working in a school you will need to be aware of laws and codes of conduct that affects the life of a school. These are: Data Protection Act This act is there to ensure that schools keep and use information only for the purpose that it is collected for. Education Act This is constantly been updated and gives the
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Looking at the title‚ it is easily assumable that some laws have been placed in order for such a subject to arise. Organisations globally had one theme in mind‚ ‘money’‚ and how they could keep the process of making it going. According to eHow Money‚ working conditions in many if not all places were extremely poor‚ most died from machinery or toxicity from work areas‚ especially as many worked long hours for poor pay. (EconLib‚ 2002) For most people‚ whether in the UK or the US‚ the working class
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effective‚ the structure of healthcare organisation must reflect the strategies of that organisation. Lex Donaldson (2000) advocates that organisations should adopt structures that assist in the attainment of goals thus ensuring organisational effectiveness. Organisations that deliver healthcare (both government and non-government) have four essential characteristics that govern their efficiency: mix; the division or provision of activities; internal administrative‚ management structures and processes
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accurate budget * That Rada plc have different departments of their business in different area of the world. For an organisation not to have an accurate budgeting is like working without any plan because budget take an important role in the day to day running of a business and also most importantly the future. Budget is important for the following reason * Planning of annual operation * Coordinating the activities of various part of organisation and ensuring that the parts are in harmony
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languages they have learnt. • Care recipients should always be given the choice to use professional translators and interpreters. Provide professional translators and interpreters to your care recipients and/or to their family whenever they request the need‚ when the care plan is developed‚ when the care plan is reviewed and at any time when “informed consent” is required. • Care recipients often prefer to communicate with a care worker from their own cultural background therefore the use of bilingual
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