Discussion Q’s Why might the companies be using different depreciation methods? Average age of Delta’s aircraft = 8.8yrs; Average age of Sing Aircraft = 5.1yrs. The useful life of an airplane may be much less for Singapore since one of their competitive advantages is flying a modern fleet. How could you argue for Delta changing its depreciation assumptions? Against? Perhaps Delta changes its assumptions because technologically newer aircraft now tend to last longer than technologically older
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Issue | Impact on Business | Political | * To facilitate the take-off of e-commerce in Singapore‚ the Government has been putting in place a supportive legal and policy framework. For example‚ the Electronic Transaction Act‚ passed in Jul 98‚ provides a favourable legal environment for safe and secure e-transactions. * The government provides direct subsidies and fiscal incentives to support companies embarking on e-commerce initiatives. One example of a direct subsidy program introduced
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of the following; McDonald’s‚ Pizza Hut‚ or KFC. This case study will analyze customers‚ competitors and communication of McDonald’s because it is one of the most well known brands worldwide. CUSTOMERS McDonald’s opened the first restaurant in Singapore at Liat Towers on Orchard road in October 1979. Its aim is to offer friendly fast food in a fun environment for everyone to enjoy. Its target markets are families‚ because children want to visit McDonald’s as it is a fun place to eat‚ working people
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Should euthanasia be legalised in Singapore? Background information: Euthanasia refers to the practice of intentionally ending a life in order to relieve pain and suffering. Euthanasia is categorized in different ways‚ which include voluntary‚ non-voluntary‚ or involuntary. Voluntary euthanasia is legal in some countries and U.S. states. Non-voluntary euthanasia is illegal in all countries. Involuntary euthanasia is usually considered murder. Study the following sources to find out whether
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Setting up Business in Singapore Singapore‚ the Lion City‚ is one of the five busiest ports in the world and has the fastest-growing economy in the world as of the year 2010. Ever since the country’s early days as a British trading post‚ traders all around the world had been setting up businesses and had been successful even since then. Singapore as we know it today is still one of the best places to start and establish companies or businesses. Considering that‚ many entrepreneurs would love to
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The British Military Administration‚ or simply BMA‚ was the governing authority in Singapore after Japanese surrendered (1945-1947). Immediately after the war‚ many issues arose‚ such as the lack of food‚ poor sanitation‚ and the people’s lack of money. The BMA was only ‘successful’ when it resolved or reduced many of these issues. I believe the BMA is ‘unsuccessful’. Firstly‚ the people of Singapore possessed no money to purchase their needs. Immediately after the war‚ the Japanese currency of
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singapore 2013 Cost of Living in Singapore in 2013 (http://www.gatewaysingapore.com/2012/06/cost-of-living-in-singapore/#lightbox/0/) The cost of living in Singapore has been highlighted as one of the highest in the world today. The high costs are largely attributable to the large influx of foreign skilled workers and foreign direct investment into Singapore. Infrastructure‚ education and technology in Singapore are world-class her so you get much in return for the high cost. High Cost of Living
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Singapore Corporate Tax Guide Singapore is often cited as the leading example of countries that continues to reduce corporate income tax rates and introduce various tax incentives to attract and keep global investments. Singapore has a single-tier territorial based flat-rate corporate income tax system. Effective tax rates as one of the lowest in the world and the general “business friendliness” of Singapore are the two important factors contributing to the economic growth and foreign investment
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How important is it for Singapore to possess a national identity? Introduction Singapore’s possession of a National Identity has long sparked nationwide discussion and is still one of the most widely debated about topics in Singapore. National identity is the sense of belonging and cohesive whole in a nation. While the importance of a national identity can be restricted since Singapore comprises a large percentage of immigrants‚ a national identity gives Singaporeans a sense of rootedness‚ preserves
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Question 3 1.0 INTRODUCTION It is undeniable that the service sector in Singapore‚ predominantly the businesses specializing in Accommodation & Food Services‚ Information & Communications‚ Business Services Recreation‚ Community & Personal Services; is the heart of Singapore’s economy (Singapore Department of Statistics 2013). This ‘‘verity’’ is perpetuated by the high value adding quality of the industry as well as the high job creation turnover to the Singaporean economy. These insights seemed
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