1. Threat of Substitute In Porter’s model‚ substitute products refer to products in other industries. The price elasticity of a product is influenced by substitute products. As more substitutes become available‚ the demand becomes more elastic since customers have more alternatives. Generally‚ substitute is able to reduce demand for a particular product because there is a threat of consumers switching to the alternatives. (Porter M. 1980) Chains of convenience stores are emerging in the market
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arrangements for Mainland visitors to Hong Kong. They are Settlement‚ Official visits‚ Private visits‚ Transit‚ Employment in Hong Kong‚ Training in Hong Kong‚ Study in Hong Kong‚ Residence in Hong Kong‚ and Holders of foreign passports in the Mainland.1 The Individual Visit Scheme (IVS) is part of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA)‚ which was launched in 2003.2 Mainland visitors spent a huge amount of money in Hong Kong that fire up the recovery of HK’s economy
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Topic: How does the “Cha Chaan Teng”(Hong Kong Style Restaurant) reflect and contribute to HK identity? Hong Kong identity is a complicated issue and many different perspectives have to be taken into consideration in order to study this issue. This paper mainly focuses on the cultural perspective of the Hong Kong identity. Hall.S (2000) “identities are never unified and‚ in late modern times‚ increasingly fragmented and fractured; never singular but multiply constructed across different‚ often
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LED MARKET OVERVIEW AND FORECAST ‐ INDIA Electric Lamp & Component Manufacturers’ Association of India Taipei – March 12‐15‚ 2012 Lighting Industry in India • Performance year 2011 Industry growth Growth per annum 10000 17% LIGHTING INDUSTRY IN INDIA ‐ GROWTH TREND CHART LIGHTING INDUSTRY IN INDIA GROWTH TREND CHART 12% 9000 9% 15% 8000 12.5 % 7000 6000 13% 9290 7994 7167 US $ 2 Billion 6567 5711 5060 5000 4500 Rs. Crores
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more aware of corporate executive compensation plans. Executive compensation has been an on-going issue for many years. There has been a great amount of controversy over how executives’ pay structure is designed and who judges‚ oversees and determines executives’ pay. As the scales get tipped on what executives are getting paid versus employee standard wages‚ the public is always on the watch for the next corporate scandal. Boards are always challenged by what executives’ pay should be based off
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The U.S. Constitution affords certain authorities to the Executive Branch of the Federal Government. Although many are specifically spelled out‚ one that is not‚ is the use of executive actions‚ through executive orders and memorandums. These actions have been used for varying reasons by almost every President of the United States. Of late‚ many of these orders issued by President Obama and President Trump have been viewed as an attempt to bypass the legislative power of Congress. At times‚ though
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v=ACKQtHYbS-0 Shanghai disneyland Resort Hong Kong Disney land Disney The first thing of national advantage is factors of production. Hong Kong Disney land has relatively good factors like labor and infrastructure. Hong Kong has a much better labor supply market compared to other Asia countries. Because there are many people who can understand and speak English and putonghua that is very important factor in doing tourism business. Secondly‚ Hong Kong’s infrastructure! such as MTR. When we
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LIBEREAL STUDIES INDEPENDENT ENQUIRY STUDY REPORT Jockey Club Ti-I College Lam Lok Yee Title: Factors Contributing to Premarital Sexual Behaviours among Hong Kong Teenagers and Ways to Promote Sexual Abstinence Acknowledgement I would like to thank the following people for their generous help and guidance. Without them‚ completion of the study would be impossible. My Teachers I would like to thank them for their patience‚ guidance and time spent on my study. Respondents of
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times. Having the president in the executive branch revitalized the importance of that section of government and the essential power the executive branch possesses. Throughout history‚ there have been many fights about which branch of government is the most important and society says each section has their own exceptional duties which make each one special. Due to Montesquieu’s idea of checks and balances the government tried to make all the branches equal. The executive branch was unintentionally made
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Should the top executives of the major banks that received bail-out money be allowed to receive large bonuses? My first response to this question is “Maybe?” I personally believe that I can make a convincing argument for why bank executives should have got large bonus’s and just as equally a convincing argument as why they should not have. I must start by saying the government should not have been allowed to give out exurbanite sums of tax payer dollars to these banks to begin with. Whether
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