How to maintain Nine Dragon Paper as the market leader in the paper manufacturing industry in China Introduction Nine Dragons Paper (NDP) is the largest paperboard manufacturer in China‚ and one of the largest in the world. Led by Mrs. Cheung‚ CEO‚ Chairman‚ and founder‚ it has successfully grown to the top of the industry through a “grow at all costs” strategy. But in the spring of 2009‚ the company’s rising debt levels had combined with declining margins to send the company’s share price tumbling
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Distinguish between diminishing returns and economies of scale (15 marks) In Business Economics‚ the short run is defined as the concept that within a certain period of time‚ in the future‚ at least one input is fixed while others are variable and the long run is defined as a period of time in which all factors of production and costs are variable. The law of diminishing returns is a short run concept‚ which states that increasing successive units of a variable factor to a fixed factor
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Developing Yourself as an Effective Human Resources Practitioner Activity 2 2.1 – Customer Needs As a Human resource practitioner it involves giving customers a service which is professional and helpful towards the customer whether it is an internal customer or an external customer. Both require you to give them a good service. Customers and their needs * Managers – May need reports‚ such as information on how many holidays every employee has taken so far this year‚ or how many days of
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What makes a leader effective? Our world as we know it cannot run without leadership. From presidents and prime ministers to teachers and parents‚ we are always under the leadership of others‚ and often lead others ourselves as well. For such a fundamental concept in current society‚ it is surprising that many do not know what makes a leader effective. First of all‚ leaders need to be capable people. They usually have some sort of education in the area they are leading in‚ as well as talent or
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Imagine yourself as a sixteen year-old. You just got your driver’s license‚ and are going to go cruising with your friends to celebrate. However‚ at about ten o’clock‚ your attention isn’t on the road‚ and you crash into another vehicle. Two of your friends die on scene‚ and your other friend is seriously injured. For thousands of teens each year‚ this is a reality. Sixteen year-old drivers are three times more likely to crash than seventeen year olds‚ five times more likely to crash than eighteen
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Some people believe that leaders are born with the necessary qualities that make them successful as a leader. While others believe that leadership‚ like many other similar characteristics‚ can be learned and developed through life. For me‚ I think much of the debate depends on how you define leadership. If leadership means having an ability and desire to inspire and influence others then I can see the argument that leaders are born with leading qualities. For example when I see my sister using
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Distinguish between assertive and submissive communication styles in business As the old saying in china‚ same rice breeds different race of people. It is quite understandable that people’s characters are different. Different characters bring different communication styles‚ different thinking model‚ and different attitude of life or work. For communication styles‚ it includes some different type like the assertive style‚ the submissive style‚ the aggressive style‚ the passive-aggressive style
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How you intend to develop yourself as an Adult Educator in view of the emerging WSQ issues and CET environment (e.g. older workforce‚ focus on training of PMETs): Write 3 SMART learning goals as part of your development plan. Explain why your learning goals are important. I intend to undertake a formal training program‚ such as this program DACE that I am going through now (and a few others)‚ to equip myself to be a more effective or wholesome trainer. One that can allow me to develop myself
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Expressing Yourself Many people have opinions on what they see others wear. They feel that if everyone looks the same that there will be less problems. I believe they are wrong. Have you ever went to a school where they were about to give you a dress code? What was your opinion on the subject? If school officials like principals and vice principals decide they want to enforce a uniform rule they are not helping anything. They will be taking away students creativity and their ability to express
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The Team Behind a Successful Leader LastName – 2 Even though this might seem unrelated‚ the concept of enlisting others is somewhat similar to a popular debate among sports enthusiasts that revolves around the true value of a head coach or manager. This is so because some would say talent ultimately wins out on the field of play‚ while others swear by a belief in the system where talent can only go so far without the right person in command. Bringing this back to the world of business; is
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