forecast for Singapore’s GDP growth? ‘Singapore’s inflation accelerated to the fastest pace since January as transportation and housing costs increased‚ maintaining pressure on the central bank to allow the currency to strengthen even as growth falters.’ (Adam et al‚ 2011) Due to the sharp increase in housing costs and high COE (Certificate of Entitlement) premiums‚ the CPI (Consumer Price Index) inflation rate rose to 5.4% in July (Recent Economic Developments in Singapore‚ 2011). Inflation leads
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is very much your typical sports bar with the exception of their main draw‚ the seductively dressed waitresses. By offering sex appeal in combination with quality appetizers‚ a variety of drinks and TV’s with all the main sports events‚ Hooters becomes a man cave on the go (Though women and children are allowed). Their services might seem daring to those with conservative views‚ but from a business perspective‚ Hooters might actually be one of the safest business in terms of being profitable. This
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Editor Nursing Issues in Hong Kong Steven L. Baumann‚ RN; PhD Associate Professor‚ Hunter College of the City University of New York‚ New York Changes in nursing in Hong Kong over the past decade have had more to do with the changes in the world and the region’s economy and population than the changes instituted by the Republic of China. Hong Kong’s nearly 7 million people’s health is‚ like in other places‚ threatened by a shortage of skilled and experienced nurses. Hong Kong’s three major university-based
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to bench trial that all final judgments are made by a judge. In Hong Kong‚ as it is under the common law system‚ jury trials are used in serious criminal cases and also some civil cases‚ like murder‚ manslaughter‚ rape‚ civil fraud and defamation cases etc. In addition‚ the jury is formed by a group of eligible citizens which is selected by local population. The criteria for service as a jurors are 1) she/he is a resident of Hong Kong‚ 2) is between 21-65 years old‚ 3) is of good character and sound
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Knowledge Based Theory of the Firm by R.M. Grant Assumptions * Firms apply knowledge to the production of good and services * Knowledge is the most strategically important of a firm ’s resources * Knowledge is created and held by individuals‚ not organizations * Firms exist because markets are incapable of coordinating the knowledge of individual specialists. This is the role of the management within a firm. Coordination of Specialized Knowledge While organizational theory
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Essay topic: Should the Hong Kong government implement a minimum wage policy? Cho Mee Ji 2010524339 CAES 1906 - I Hong Kong is one of the world’s most prosperous and financially wealthy cities. However‚ despite the wealthy background‚ the government has serious economic concerns over the high levels of poverty and income inequality in Hong Kong (“The Situation of Poverty”‚ 2003). A study by the Hong Kong Council (2009) has reported that more than 17% of Hong Kong residents or 1.2 million people
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Foundation in Management and Economics Small Firms Case Study Management & Finance Dan Lu‚ Cicy Contents Introduction Failure Romida Sports Wallace King Interiors Success Tailwaggers The Granary Conclusion Bibliography Introduction What is a small firm? A small firm is usually owned privately in a personalized way in the form of corporations‚ partnerships‚ or sole proprietorships. Usual employees in a small firm Fewer than 15‚ Australia
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Discuss the significance of innovation for the competitive position of the firm. Why is innovation important for business organisations? In what areas of the business might innovation be significant? Todd McLerie Innovation is an essential part of business and making the world go around; it is the basis of economic growth worldwide and can allow a firm to overcome limitations in inputs‚ maximise their resources‚ and gain an advantage over their competitors (Popa‚ Preda‚ & Boldea‚ 2010). The
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serious in Hong Kong . Many people such as the elderly and the fresh graduates ‚ most of them can’t have the flats for living and some need to live in the subdivided units . Our chief executive ‚ Mr. CY Leung just announced his first policy address ‚ in the housing aspects ‚ he suggested that building more flats for the citizens . However ‚ I think it’s only a long term solutions ‚ the flats will be finished in 2018 ‚ but the housing problem is a very urgent needs for the most citizens in Hong Kong . These
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The youth unemployed should be one the groups the most in need for financial support in Hong Kong. They face keen competition and suffer from the local economic regression‚ which create difficulty to them earning a living. Young people‚ in general‚ refers to people in the age groups of 15-19 and 20-24 (Chung Kim-wah 2009). They are recognized as labor force in Hong Kong‚ but their employment opportunities are not optimistic. Those school leavers in the age of 15-24 entering the labor market have
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