CGE25101 Globalization and Business Individual Assignment (Topic 2 Sustainable development- Starbucks) Introduction In these days‚ instead of merely focusing on economic interests‚ multinational corporations (MNC) have engaged a number of sustainability initiatives in an effort to satisfy the needs of the present while preserving the ability to future generation by contributing on the three main elements: economic‚ environmental and social development. As a company becomes popular and
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applications is the formulation of the Legislative Council (LegCo). Another assumption is that the major development in Hong Kong is the economic development. Hong Kong is reputed to be a worldwide international financial centre and ranked the first in the world of being the freest economy. So‚ Hong Kong relies much on the economic development. In addition‚ the party system in Hong Kong is multiparty that considered as a coalition government.2 What is political party? The political party is made
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2013. Other consumer goods saw a 7‚6% increase in retail sales. It accounts in 2014 for 19% of total retail sales in comparison to 17‚7% in 2013. Growth of retail outlets: Y-Y April 2013-14 When only taking into account the month of April on a Year to Year comparison: Jewelry‚ watches‚ clocks saw a 40% decrease in retail sales confirming the negative trend seen between January-April Consumer durable goods saw a 6‚5% decrease confirming the negative
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The Tourism industry is an important industry in Hong Kong. Inbound and outbound tourism is the major income of Hong Kong. According to the result from the Tourism Commission‚ in 2011‚ Hong Kong received a record-high of 42 million visitors from around the world‚ a remarkable increase of 16.4% over 2010. It is also the first time that the number of arrivals surpassed the 40 million mark. The appreciation of most major currencies against Hong Kong dollar and the improving travel sentiment have fueled
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(December 2004March 2008) Hong Kong Accounting Standard 27 Consolidated and Separate Financial Statements* * This HKAS 27 is applicable for annual periods beginning on or after 1 January 2005 but before 1 July 2009. HKAS 27 (Revised) issued in March 2008 is applicable for annual periods beginning on or after 1 July 2009 and supersedes this HKAS 27. 1 HKAS 27 COPYRIGHT © Copyright 2008 Hong Kong Institute of Certified Public Accountants This Hong Kong Financial Reporting Standard contains
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Comparing to the near area‚like Singapore‚Hong Kong’s Gini coefficient is more higher and ranked top in the world.Even the wealth gap is not common in western societies‚however‚it is no doubt that wealth gap has threatened the Hong Kong most. With the change of economic mode in Hong Kong ‚it trend to knowledge-based economy rather than manufacturing industry so that a large number of worker are unemployed immediately‚in the other hand‚a lot of high-class people are benefited by the new mode economy
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Calvin & Tiffunny The housing problem in Hong Kong In 28 Dec.‚2012‚ Greenview Villa began to accept Interested buyers‚ the initial enthusiastic response from the rigid demand of the property market property prices‚ has received about 600 copies of the first day of registration‚ to reflect the rigid housing demand in Hong Kong strong‚ to face a serious shortage of supply‚ high property prices high‚ and the public in buying difficult‚ apart from rising rents lead to the living environment
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Mainland Chinese in Hong Kong: Issues of Inclusion Everyone in Hong Kong should have heard of the mainland parallel-goods traders who discriminated by the local citizens. The MTR Corporation’s new policy setting limit to the weight of the luggage and the demonstration against the traders held by the local citizens are some of the evidences showing the discrimination against the mainland Chinese in Hong Kong (Lee & Lo‚ 2012). Actually‚ the mainland Chinese settling in Hong Kong faces lots of barriers
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1. Introduction Hong Kong‚ with only 1100 ㎢ land‚ is regarded as the one of the most success country in global market. Although‚ to be exact‚ Hong Kong is the special administrative regions of China and isn’t independent country‚ because of the agreement ratified when Hong Kong was returned from U.K in 1998‚ Hong Kong is given high autonomy from mainland china by owning individual law system and‚ then‚ is seems as the virtually independent country in international business and economics; many international
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Is Hong Kong an ideal place? According to the Global Urban Competitiveness Report (2007-2008) Hong Kong dropped 7 places to 26 as a competitive city for investment. If it’s any consolation‚ Hong Kong remained one of the most affluent cities in the world and one of the top 5 in Asia in term of economy‚ infrastructure and freedom of speech. Yes‚ Hong Kong is undoubtedly achieved so well with flying color‚ having a stable economy‚ good job market and good accessibility to anywhere due to intra-city
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