This report analyses the provision of cheque services by Bank of China (Hong Kong) and evaluates the need for providing such a service. Most‚ if not all‚ banks provide this service. Nevertheless the report’s aim is to overlook this tradition and give an insight into whether a bank should really be providing this service. The Bank Wide Operation Department is in charge of the bank’s cheque clearing process. A staff member from this department was interviewed regarding the cheque services. The report
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Dynamic Hong Kong: from a post-colonial city to a post-metropolis Part 1. Introduction Hong Kong‚ once a British colony after the wars‚ has been well-known as a vibrant metropolitan. After 99 years of British rule‚ Hong Kong was handed over to China in 1 July 1997. After a long period of western culture instillation‚ Hongkongers remain confused about their identity in the recent 16 years of post-colonial period. This struggle in identity can be reflected from the city’s cultural‚ economic and
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of journalism in Hong Kong. As the term “market-driven” has suggested‚ journalism becomes business-oriented in Hong Kong. While some people consider market-driven journalism a good change‚ a lot of problems are also arisen due to this practice. In this paper‚ we are going to examine the advantages and disadvantages of market-driven journalism in Hong Kong to see whether citizens can benefit from it. Before talking about the pros and cons of market-driven journalism in Hong Kong‚ let us first give
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available to a firm: differentiation or cost leadership. Both strategies can be applied either into a focused market or a broad market. Do you agree that these are the only two strategies available? Are they mutually exclusive? Why or why not? Porter’s Generic Strategies Target Scope Advantage Advantage Low Cost Product Uniqueness Broad(Industry Wide) Cost Leadership Strategy Differentiation Strategies Narrow (Market Segment) Focus Strategy(low cost) Focus Strategy(differentiation)
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Overall Cost Leadership Porter defines “Overall Cost Leadership” as the strategy in which a company differentiates from others by having the lowest prices of the market. One example of this strategy correctly performed in Australia is Woolworths. According to Jhon Steen (2009)‚ in order to accomplish such prices‚ Woolworths focus on two main points: Logistics and Economics on Scale. They have learned to manage the supply chain in a very efficient way‚ investing in technology and reducing the
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Environmental Scan Marketing Trend Global trend of organic food In 1950s‚ consumers are starting to aware of organic product and in 1970s to 1980s‚ organic sector start to develop‚ e.g. set up regulation and certification around the world. In 1990s‚ the organic food market has a sharp growing‚ expanding at 20% a year. In 2006‚ the sales of organic baby food were increased 21.6%. There are also has dramatically increase in variety‚ availability and decreasing the cost of organic food. Local trend
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Low-cost sustainable building materials and construction technologies THE CHALLENGE The building and construction industry is considered a major contributor to climate change - and a key player in sustainable development - with the potential to significantly impact the environment in both positive and negative terms. According to the International Energy Agency‚ buildings account for 30 to 40 percent of energy use worldwide. The construction industry consumes over 3 billion tons of raw materials
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(11055717D) Cheng Ming Xian (11704592D) Introduction Although Hong Kong has less land‚ there are always construction projects happening everywhere in Hong Kong‚ for example‚ West Kowloon Cultural District development‚ Kwun Tong redevelopment project‚ etc. However‚ workers and capital involved in the construction industry have been decreasing. In this report‚ we will discuss whether the construction industry is the ‘pillar’ industry in Hong Kong and we disagree with it. Focused industries As proposed
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Definition and Causes of minimum wage in Hong Kong 3 Implementation of the minimum wage policies around the region 4 Debate prior to the legislation of minimum wage ordinance in Hong Kong
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Category Analysis of Sports and Energy Drinks in Hong Kong Introduction Our company‚ Otsuka Pharmaceutical Co.‚ Ltd‚ is planning for a product strategy to its product: Pocari Sweat. Pocari Sweat is a grapefruit-tasting‚ non-carbonated sweet beverage and is advertised as an “ion supply drink”. It is designed to increase endurance‚ replace electrolyte loss or prevent dehydration when exercising for long periods of time. Pocari Sweat is well-recognized by the local people‚ especially to the athletes
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