industry in Hong Kong. Some well-known company such as McDonald even is an international company. So what is the mode of operation under the global competition? According to the Marxism‚ the capitalist may perspective their staff in order to increase the profit. After the implementation of minimum wage‚ does the situation has improve? I’ll consider this critical problem in this essay and state about what kind of perspective they use before or after the implementation of minimum wage. This essay
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United states should not pass a minimum wage. The reasons for this is that it will negatively impact the economy in several ways: Product costs will rise in order for companies to maintain profit margins‚ which will lead to drops in demand for products produced. This can ultimatley lead to job losses‚ as consumers may choose to purchase foreign goods which are more competetive in the market. Smaller companies will not be able to compete effectively in the market place‚ leading to more job losses
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Tuyen Tran BAD 345-03 9/9/2014 Hong Kong Case Study Hong Kong Disney land was an optimistic business idea that was supposed to further propel the Disney brand into the Asian market. After a successful operation in Tokyo Japan Disney thought that the Hong Kong market would follow suit. However‚ Hong Kong Disney was not the success Disney had hoped and was losing costumers and money early on and was not seeing any profits. Disney was not sure why locals and tourists were coming to their
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their life on having their work and the wages are the factor that can ensure their quality of life. As the consumption level in Hong Kong is increasing year by year‚ employees’ wages started not affordable to their life and the poverty problem comes more serious. By then‚ in year 2010‚ Hong Kong government carried out the minimum wage policy and set the price at $28 per hour. The carry out of minimum wage policy apparently can ease the poverty problem in Hong Kong‚ in fact it brought out some of the
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Critically examine the trend and size of poverty in Hong Kong society. Please assess the effectiveness of the present Social Security system and the Minimum wage in eradicating poverty in Hong Kong. Introduction Poverty has been a hot issue in Hong Kong for several years. Several policies developed form the Social Security system have been adopted by the government for soothing this problem‚ such as the CSSA scheme and the MPF fund. Nevertheless‚ it seems that the poverty problem is getting worse
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Identify one type of the social welfare‚ discuss its services of Hong Kong and a)explain its values‚ rationales and objectives; b)ways of service delivery; c)discuss the strengths and weaknesses of the service and d)make suggestions to improve the services in future. CSSA—AN INTRODUCTION The comprehensive Social Security Assistance Scheme (CSSA) is surely one of the most influential social welfare in Hong Kong‚ in terms of money and beneficiary. In the fiscal year of 2010
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2. List the aspects of employment covered by law The law in UK covers all these aspects; Minimum wage‚ Hours worked‚ Discrimination‚ Health and safety‚ Holiday entitlements‚ Redundancy and dismissal‚ Training‚ Disciplinary procedures‚ Union rights and consultation‚ among many others. Labour law covers the deal between employee and employer. Health and safety laws cover the work conditions‚ and minimum wage and other laws set basic compensation levels. 1.2. List the main features of current employment
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in Hong Kong is housing problem. Hong Kong has 7.3 million people living on 1‚100 sq. km of land. There were around 6‚700 people living on every square km. However‚ the ‘right to adequate housing’ and the ‘right to affordable’ are important dimensions resting on the foundation that adequate housing is a basic human need (Leckie 1992; Bengtsson 1995) and which ensures access to a safe and affordable home with freedom from forced eviction. This is the basic meaning in livable. However‚ is Hong Kong
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When it comes to the age old adage‚ “If it ain’t broke‚ don’t fix it‚” I am against it. While the saying is simple enough meaning‚ “when one recognizes that something is in a satisfactory state‚ and there is no reason to try to change it‚” according to the Cambridge English Dictionary (n.d.). While this adage is simple enough‚ sometimes things do need changed or will in the future. By implying that it is simply okay to leave something the way it is at this moment‚ because it is found to be satisfactory
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ABSTRACT The history of the minimum wage in this country go back almost 100 years to the great depression and FDR. The arguments for and against the minimum wage go back just as far and tend to be emotionally charged. But does this policy‚ established during the great depression still make sense today? As the economy enters a new‚ global‚ era does the minimum wage help or hurt us? Through a review of arguments both for and against the minimum wage‚ and a review of the research that supports or
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