Trends in the retail industry I) Retail sales: overview For the period January-April overall retail sales have increased by 0‚7% in 2014 (from HK$172‚3m to HK$173‚ 5m): The small increase in retail sales in mainly due to the 14‚3% growth rate that occurred in January 2014. For three consecutive months retails sales have experienced negative growth with a peak of -9.8% in April 2014 as shown in the graph below. Retail
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Article 105 of the Basic Law states that "The Hong Kong Special Administrative Region shall‚ in accordance with law‚ protect the right of individuals and legal persons to the acquisition‚ use‚ disposal and inheritance of property and their right to compensation for lawful deprivation of their property." This is an expansion of Article Six in the Principles section that "The Hong Kong Special Administrative Region shall protect the right of private ownership of property in accordance with law." The
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Customer focused low cost leadership strategy Low cost strategy is centered on the capability of the company to produce and deliver products of competitive quality at lower costs. Cost leadership strategy is much more than cost reduction initiatives that get lot of prominence in strategic planning and review session of any company as a means to improve the bottom line of a company by improving its efficiency. Some companies use their efficient cost structures to protect their markets from the competitors
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Landfill is a main way of waste management in Hong Kong‚ but it may not be a sustainable way to solve or relieve the garbage problem. Moreover‚ landfill also will eventually saturate. It’s an urgent problem to stakeholders. In fact‚ an annual average of more than one million tons of wastes are produced in Hong Kong. Landfill is not the only way the government can plan for waste disposal. Building an incinerator to relieve the refuse pressure is also viable. In fact‚ a lot of waste is dumped without
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we usually called SEs‚ does not have a universal definition. Generally‚ it is a business to achieve specific social objectives‚ such as creating job and training opportunities for the handicaps in our society. According to the survey conducted by Hong Kong General Chamber of Social Enterprises Limited‚ there are only a few SEs made profit under the financial support of government‚ as they claimed that the government have not provide sufficient financial support to them. However‚ can we just determine
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When talking about the most popular culture in Hong Kong‚ the first things that come up to my mind are the tea restaurants. Unlike those Cantonese teahouses‚ which can also be found in Guangdong‚ tea restaurants are pretty unique in Hong Kong. In the election of ‘things that best represent Hong Kong’ held on the Internet by RTHK in 2004‚ ‘Tea restaurant’ got the champion with 1930 votes. Meanwhile‚ ‘Pineapple bun with butter’ and ‘Coffee with tea’‚ typical food and drink provided in tea restaurants
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this article because it explains how China uses a group of students as a scapegoat‚ similar to how Napoleon uses Snowball as a scapegoat. I thought it was interesting how Animal Farm and this article compare and contrast. This article describes how Hong Kong‚ a former British colony was returned to Chinese control in 1997 and “placed under a semi-autonomous administration” that many consider to inreality be under Beijing’s control. The author states that “Since the handover‚ China has violated all of
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VACATIONS OF HONG KONG PEOPLE Hong Kong people love spending their vacations in a different city or country and they love experiencing others cultures. In early years‚ Hong Kong people travelled around through travel agencies; nowadays‚ they plan the trip and schedule by themselves because they would like to have a more flexible and special vacation. They do not only choose the places which they have not been to‚ but sometimes they will re-visit the places that they like the most and have a relaxing
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Hong Kong – Jenny Bakery – Best Butter Cookies Restaurant: Jenny Bakery Cuisine: Dessert/Bakery Last visited: April 10‚ 2010 Location: 5 locations - Central‚ Hong Kong Address: Metro: Central Station Shop 126‚ #33 Queens Road Central‚ Melbourne Plaza 1st Floor‚ Central‚ Hong Kong Tel: 2524-1988 Price Range: $10-20 1: Poor 2: OK 3: Good 4: Very good 5: Excellent 6: Tres Excellent!! Food: 6 (for butter cookies) Service: n/a Ambiance: n/a Overall: 5 Additional comments: * Since
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China * Hong Kong Table of Contents Introduction 3 Reasons to do business in China 3 How to enter the Chinese market (through Hong Kong) 5 China’s global financial centre 6 Relationship with western countries 6 Language used in business environment 7 Hong Kong education (different between China – English) 7 International Trade: Fast Facts on Canada-China Commercial Relations 8 Hong Kong business policy/ Law 10 A successful example of starting a business in Hong Kong and moving
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