In 1983‚ Hong Kong implemented Fixed-linkage System to US currency because of the reason that Hong Kong currency was very unstable. This Fixed-linkage System is a fixed exchange rate system that fixes the exchange rate of Hong Kong Dollar and United State Dollar to a ratio of 7.8: 1 Hong Kong Monetary Authority does not need to stable exchange market by controlling the supply and demand of HKD. It can be stabilized by Fixed-linkage System. In the past 15 years‚ Hong Kong interest rates and exchange
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A corporate stakeholder is that which can affect or be affected by the actions of the business as a whole. Examples of a company’s stakeholders Stakeholders | | Government | Taxation‚ VAT‚ legislation‚ low unemployment‚ truthful reporting. | Employees | Rates of pay‚ job security‚ compensation‚ respect‚ truthful communication. | Customers | Value‚ quality‚ customer care‚ ethical products. | Suppliers | Providers of products and services used in the end product for the customer‚ equitable
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(2005) 539–548 Relationship between tourism and cultural heritage management: evidence from Hong Kong$ Bob McKerchera‚*‚ Pamela S. Y. Hoa‚ Hilary du Crosb b a School of Hotel and Tourism Management‚ The Hong Kong Polytechnic University‚ Hung Hom‚ Kowloon‚ Hong Kong Department of Geography‚ The University of Hong Kong/School of Hotel and Tourism Management‚ The Hong Kong Polytechnic University‚ Hong Kong Received 24 November 2003; accepted 4 February 2004 Abstract This paper examines the nature
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To what extent was culture in Hong Kong in the second half of the 20th century shaped by foreign cultures? Hong Kong was a city with diversified culture. Populated with an overwhelming majority of Chinese‚ Hong Kong had definitely been deeply influenced by traditional Chinese culture and customs. Meanwhile‚ it had also been governed by Britain for more than a century‚ and had developed close links with the West. Yet‚ culture in Hong Kong in the second half of the 20th century still mainly followed
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Hong Kong Housing Problem is not only attributed to the High Population Density Every Hong Kong citizen knows one of the grave troubles in Hong Kong is housing problem. The order of severity can be apparently reflected by many figures in recent research studies. ”Rents up 22 per cent in Hong Kong“ (2011) remarks that “the price of renting two-bedroom accommodation rose by 22% to US$2‚830 a month between 2009 and 2010“ (¶2). Subcommittee on Building Safety and Related Issues (2010) also observes
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War Two. First one is the battle of Hong Kong‚ second one is the battle of Dieppe‚ and the last one is the D-Day. These three battles were very effective and important for the war and world. The battle of Hong Kong is one of the most significant battles in World War II. This battle happened on December 8th 1941 in Hong Kong. It was the time after Japanese attacked Pearl Harbor. The Japanese soldiers were very confused about how to attack China‚ and Hong Kong was a
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P2 describe the different stakeholders who influence the purpose of two contrasting businesses In this task I am going to be writing a business report regarding Carlsberg and Capital Foods showing the different types of stakeholders‚ which include within the two organisations. It will show how the stakeholders influence within the two businesses‚ and how they set their own objectives towards the companies. CARLSBERG Customers Customers are the people who buy the products and sell them‚ or use
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The positive and negative influence media advertising has on teenagers in Hong Kong Nowadays‚ media advertising has become very popular in the world. Teenagers can see in news‚ in magazines‚ on posters‚ on television and even on the Internet. However‚ some false may disseminate from these media. In this essay‚ I shall look at both the advantages and disadvantages of media advertising on teenagers. On advantage of media advertising on teenagers is that they can notice some information about
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Homeschooling should replace normal schooling for the betterment of students in Hong Kong. Homeschooling refers to the education of children at home‚ typically by parents or tutors‚ unlike the formal settings of schools. In many countries around the world‚ children are not legally obligated to attend school. In England‚ France‚ Canada‚ the United States and Australia‚ it is perfectly legal for parents to educate their kids at home. Homeschooling is becoming more popular every day‚ with a growth
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the Hong Kong government was a consultative government. The definition of a consultative government is that it consults people’s opinions and listens to them. The features of a consultative Government are that it establishes communication between local associations‚ asks and listen to opinion of people‚ asks for opinion and support in decisions making‚ sets up advisory bodies to collect opinions and set up departments to consult people’s opinions. To a large extent‚ I agree that the Hong Kong government
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