In 1983‚ Hong Kong implemented Fixed-linkage System to US currency because of the reason that Hong Kong currency was very unstable. This Fixed-linkage System is a fixed exchange rate system that fixes the exchange rate of Hong Kong Dollar and United State Dollar to a ratio of 7.8: 1 Hong Kong Monetary Authority does not need to stable exchange market by controlling the supply and demand of HKD. It can be stabilized by Fixed-linkage System. In the past 15 years‚ Hong Kong interest rates and exchange
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Section A: Case Study This section carries 50 marks. INSTRUCTIONS: ANSWER ALL QUESTIONS. WRITE YOUR ANSWERS IN THE BOOKLET PROVIDED. 1. Read the following case study carefully and answer the questions that follow. Case Study You are the lawyer for Audrey Lim‚ a training consultant. Last month‚ Ms Lim was involved in a car accident. As far as she is concerned‚ the traffic light was in her favour at the junction and she had the right of way. According
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HTM 4105 Contemporary Tourism Issues Topic: TOWARDS SUSTAINABLE TOURISM – KEY PROBLEMS AND ISSUES FACING HONG KONG Introduction Unquestionably‚ Hong Kong is a blessed land where possesses prosperity and most of the elements of being a world class cosmopolitan which has successfully attracted visitors over years‚ especially from the mainland by emphasising our world-class shopping‚ dining and other urban attractions (Lam‚ H.‚ 2004). Despite the flourishing scene of the tourism industry‚ the
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To what extent was culture in Hong Kong in the second half of the 20th century shaped by foreign cultures? Hong Kong was a city with diversified culture. Populated with an overwhelming majority of Chinese‚ Hong Kong had definitely been deeply influenced by traditional Chinese culture and customs. Meanwhile‚ it had also been governed by Britain for more than a century‚ and had developed close links with the West. Yet‚ culture in Hong Kong in the second half of the 20th century still mainly followed
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help provide the proper service quality in customer service sector and then apply to her future career. 1.2 Reason for choosing the airline industry Airline industry is a field which needs to handle people from all over the world especially in Hong Kong which is an international city. So‚ choosing the airline industry for the topic is because the service quality is very important in this industry. Due to the dynamic environment and increasing demand of better service from the customer‚ it is a
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War Two. First one is the battle of Hong Kong‚ second one is the battle of Dieppe‚ and the last one is the D-Day. These three battles were very effective and important for the war and world. The battle of Hong Kong is one of the most significant battles in World War II. This battle happened on December 8th 1941 in Hong Kong. It was the time after Japanese attacked Pearl Harbor. The Japanese soldiers were very confused about how to attack China‚ and Hong Kong was a
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Setting Goals at Hong Kong Disneyland Based on the case study in the Business Communication Handbook‚ HK Disneyland has had its share of “growing pains.” (1) Answer the following questions in complete sentences (no bullet points) in approximately three to four sentences each: With the mighty Disney name associated with the theme park‚ would you say that the company’s goals are “ethically sound?” How do you respond to complaints from guests about disregarding “customers’ safety?” Or
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Hong Kong Housing Problem is not only attributed to the High Population Density Every Hong Kong citizen knows one of the grave troubles in Hong Kong is housing problem. The order of severity can be apparently reflected by many figures in recent research studies. ”Rents up 22 per cent in Hong Kong“ (2011) remarks that “the price of renting two-bedroom accommodation rose by 22% to US$2‚830 a month between 2009 and 2010“ (¶2). Subcommittee on Building Safety and Related Issues (2010) also observes
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The positive and negative influence media advertising has on teenagers in Hong Kong Nowadays‚ media advertising has become very popular in the world. Teenagers can see in news‚ in magazines‚ on posters‚ on television and even on the Internet. However‚ some false may disseminate from these media. In this essay‚ I shall look at both the advantages and disadvantages of media advertising on teenagers. On advantage of media advertising on teenagers is that they can notice some information about
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Capital equipments for Projects‚ Raw Material‚ Packaging‚ MRO and various General and technical services. I think negotiation skill work shop was very important work shop for me. Before negotiation skill workshop‚ I thought it is just a business skill but after work ship I realized that it is much more then business skill. Before negotiation skill workshop I was thinking about negotiation is all about bringing price down‚ matching delivery dates and getting better price. During the workshop I realized
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