Training and Performance in Small Firms 1. Jane Bryan 1. Cardiff Business School‚ UK Abstract This article explores the relationship between training and growth in small manufacturing businesses. Research on training undertaken at the macro-level highlights a series of earnings and productivity returns. However‚ firm-level research has generally yielded more ambiguous results. A review of small firms research indicates that the relationship between training and growth has rarely been considered within
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We always heard that learning the English is a lifelong journey‚ it seems that English become our life‚ most of Hong Kong student have a better result on English rather than Chinese. It bring out a concern about is it a right decision that we to regard English as important. A focus will be placed on the importance on English‚ the demand of using English and the advice on the language policy. The parents‚ teachers and the politicians believe that English is important as the English status in
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Background The Standard Chartered Marathon has been organized by Hong Kong Amateur Athletics Association for 11 years since 1997. Now it becomes a signature international sporting event in Hong Kong and was recognized as a "Brand Hong Kong Event" by the Hong Kong Special Administrative Region Government. The Standard Chartered Hong Kong Marathon 2007 was successfully held on 4 March 2007‚ attracting over 37‚000 runners to the starting line. With the generous support of the public‚ the Standard Chartered
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FMCG firms in a fix over pricing strategy | | | | Some relief is on the way for fast-moving consumer goods( FMCG) companies‚ with prices of crude oil‚ wheat‚ milk and palm oil either on the decline or stabilising. Even as flexible packaging prices — which had become a new headache for FMCG companies — may come down on the back of stable crude oil prices‚ the verdict on production costs is still unclear. While palm oil prices have crashed by almost 40 per cent‚ wheat and milk rates are
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3. Macro Environment: wider environment The micro-environment denotes those elements over which the firm has control or which it can use in order to gain advantage that will better help it in its operations. These elements can be manipulated‚ or used to glean information‚ in order to provide fuller satisfaction to the company’s customers. The objective is to ensure organization survival‚ growth and profitability through satisfying customers. This is accomplished through the manipulation of the variables
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Independence of outside audit firms has been an ongoing issue for a long time in the US corporate world. The fundamental problem arises for the lack of clarity about whom does the audit firm really works for‚ the shareholders or the client company. According to Anandarajan et all (2008)‚ this lack of clarity has resulted in auditor’s independence being impaired. In the US‚ the client hires‚ pays‚ and fires the auditor and therefore‚ the culture of the auditors serving at the pleasure of the client
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Globalization tidal wave of Hong Kong Tina Tong (2014‚ April) offers several valid reasons to oppose free trade and globalization in Hong Kong‚ the People’s Republic of China. First‚ Tong claim that globalization is changing Hong Kong traditional culture. Tong also explains that immigration problem is the important social problem in Hong Kong. While these are sound reasons to oppose free trade and globalization‚ there are also several important reasons why social-economic‚ international interconnectedness
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might be low (Mike‚ 2013‚ 19:10). The income elasticity is very important to firms in that it helps them to determine the kind of goods to produce at a particular time following the rooming income. Consequently‚ prices of goods will too‚ be determined in proportion to demand of such goods which is equally determined by the levels of income. It also allows firms to know the kind of employees to keep in employment as some firms look at rates of income of employees‚ for instance‚ long serving employees
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The characteristics of a typical entrepreneur are irreconcilable with a corporate career.Large organisations are by their nature bureaucratic and as such promote an enviroment in which the entrepreneur cannot survive. Prepare a discussion paper in essay style in which you survey the arguments for and against the above quatation‚and then justify your own position. inyour answer‚ provide very many example of entrepreneurs and corporate manager‚from your reading and your own experience‚ to illustrate
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culinary tourism development in Hong Kong and Singapore: A resource-based theory Chen-Tsang (Simon) Tsai Ph.D. Candidate‚ Division of Hospitality Management & Education‚ Department of Human Development & Family Studies‚ National Taiwan Normal University‚ Taipei‚ Taiwan. Jeou-Shyan Horng Professor and Dean‚ Graduate Institute of Tourism & Hospitality‚ JinWen University of Science and Technology‚ Taipei‚ Taiwan. ABSTRACT This study focuses on Hong Kong and Singapore‚ and aims to explore the relationship
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