General Issues The common issues with ‘Bitcoin’ and ‘Linden Dollars’ are that there have been suspicions these virtual currency schemes are operating as Ponzi schemes‚ there is a high level of anonymity with regards to these virtual currency schemes and that there is only one regulator who oversees the system. The issue of Ponzi schemes are justified for virtual currency schemes such as ‘Bitcoin’ and ‘Linden Dollars’ but for different reasons. For ‘Bitcoin’ it greatly resembles a Ponzi scheme where
Premium Money Money supply Central bank
Case Study 1 ---- Chase’s Strategy for Syndicating the Hong Kong Disneyland Loan (A)&(B) Bid Strategy of the First Round The first round bid was to show its commitment and price‚ while detailed proposal would be submitted after being shortlisted. Thus‚ Chase had mainly three kinds of concern at that stage: risk‚ profit and reputation. Reputation From Exhibit 6‚ there is no doubt that Chase was the top bank in syndicated finance in the US and over the world. However‚ it recorded limited performance
Premium Interest Underwriting Loan
Explain of how the Linked Exchange Rate System works in Hong Kong. A Linked Exchange Rate systems function is to keep a currency stabile to another. In this manner‚ the HK Dollar has been linked to US Dollar at the rate of 7.8 HKD to 1 USD‚ since 1983. In order to maintain this exchange rate‚ any change in the monetary base is fully backed by a corresponding change in the respective currency at this exchange rate. Most banknotes in HK are issued by three note-issuing banks. So for example
Premium United States dollar Currency Foreign exchange market
Investigation on the Impact of Corporate Social Responsibility Practices on the Corporate Image of Hong Kong Mass Transit Railway Corporation (MTR) Team No. B02 Project Supervisor: Mr. Leonard Kwan CHAN‚ Sze Cheng KWOK‚ Kwo Fung LAM‚ Tsz Kin LEUNG‚ Oi Shan Shanna LI‚ Hiu Kwan WONG‚ Hoi Lam HONG KONG INSTITUTE OF VOCATIONAL EDUCATION(TSING YI)2013 1 AGENDA Introduction Present Situation Methodologies Limitations Consumer benefits Society benefits Government Employee benefits
Premium Employee benefit Corporate social responsibility Social responsibility
“personal data policy”. However‚ as a matter of fact that lots of card holders did not read the policy‚ at an obscure spot in the right lower part of the company’s home page‚ we can find a link about "personal data policy”. It is a long document in small print which is as to what Octopus Company does with personal data. According to the document‚ the one of the items is that "designing new or improving existing services provided by us‚ our subsidiaries and our affiliates for customers’ use"‚ (MP English‚
Premium Corporation Marketing Hong Kong
government would have an impact on my business is by setting a price ceiling and price floor. These both determines whether or not my items is too high or low for its’ good. 2. Describe at least one advantage and one disadvantage of price ceilings and price floors. Do you think price ceilings and floors are more helpful or more harmful to consumers and the economy? Explain. (2-4 sentences. 1.0 points) * One advantage of price ceilings is that it helps the consumers to have a chance to buy
Premium Balance sheet Generally Accepted Accounting Principles Investment
Sage Publications‚ Inc. http://www.jstor.org/stable/27640960 . Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars‚ researchers‚ and students discover‚ use‚ and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship
Premium Academic publishing
There are striking similarities if you are to put the philosophical works of Kong Qiu and the religious teaching of Jesus Christ. Kong Qiu‚ better known as Confucius‚ focused his teaching on history‚ law‚ poetry‚ and spiritual writing. The Biblical teaching of the Old Testament also provided similar structure of teaching. Like Confucius‚ these teachings included the books of Genesis and Exodus to provide history‚ Leviticus‚ Gods law which included the Ten Commandments‚ and Psalm which is focused
Premium Confucianism Han Dynasty Confucius
Strategic Management Analysis of IKEA Hong Kong Introduction In order to understand what strategic position and direction which IKEA takes in Hong Kong market so as to keep making successful business‚ it is important to conduct a strategic analysis of IKEA HK from internal‚ external factors to its strengths‚ weakness‚ opportunities and threats to evaluate this company. To tide over the economic crisis‚ most of the HK home furniture business tends to “low price strategy” so as to gain market share
Premium IKEA Economics Strategic management
Republic of China during his visit to the Hong Kong SAR on July 7th‚ 2008 made the above statement that hit a raw nerve in the public. In response to concerns in the fundamentals of Hong Kong’s legal system‚ Hong Kong Bar Association issued a statement to clarify that the judiciary independence is "firmly guaranteed" by the Basic Law‚ which is to "remain separate and independent from the Executive and the Legislature" and shall not be "regarded as a part of the governance team" (Hong Kong Bar Association
Premium Separation of powers Law Judiciary