...Case Study: HONG KONG DISNEYLAND George Koduah UMUC Case Study: HONG KONG DISNEYLAND George Kofi Koduah, UMUC AMBA 660, May 2013 The Hong Kong Disneyland case study is an example of the global necessity for profitability and brand recognition across international boundaries. The case sheds light on the important roles of culture, legal, economic and practical management strategic decision-making in the success of Multi National Companies. Disney’s strategic mode of entry into the Hong Kong market and the marketing mix and strategies employed for operations are analyzed against the cultural, economic and competitive conditions prevailing on the Hong Kong leisure landscape. Alternative strategies have been suggested taking into consideration the nature of the brand, competition and the society in which it has to operating. Analysis The two major issues and management problems Strategy/mode of entry: Disney’s major challenges for entering the Hong Kong market centers on its strategic mode of entry into the Hong Kong leisure market and failure to device appropriate marketing systems that will make it acceptable and profitable. According to Daniels, Radebaugh, & Sullivan (2013) strategy is “management’s idea on how to best attract customers, operate efficiently, compete effectively, and create value that builds and sustains a company’s position within its industry (p. 809). Globalization and the need to broaden product and market coverage for increased profit and...
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...Reproduced from Federal-State Relations in Sabah, Malaysia: The Berjaya Administration, 1976-85 by Regina Lim (Singapore: Institute of Southeast Asian Studies, 2008). This version was obtained electronically direct from the publisher on condition that copyright is not infringed. No part of this publication may be reproduced without the prior permission of the Institute of Southeast Asian Studies. Individual articles are available at < http://bookshop.iseas.edu.sg > REFERENCES Abinales, Patricio N. Making Mindanao: Cotabato and Davao in the Formation of the Philippine Nation-state. Quezon City: Ateneo de Manila University Press, 2000. Abinales, Patricio N. and Donna J. Amoroso. State and Society in the Philippines. Lanham, M.D.: Rowman and Littlefield, 2005. Ahmad Ibrahim. “The Administration of Muslim Law Enactment, Sabah, 1977 (No. 15 of 1977)”. Journal of Malaysian and Comparative Law 5, no. 2 (1978): 359–62. Andaya, Barbara W. “Cash Cropping and Upstream-downstream Tensions: The Case of Jambi in the Seventeenth and Eighteenth Centuries”. In Southeast Asia in the Early Modern Era: Trade, Power, and Belief, edited by Anthony Reid. Ithaca, N.Y.: Cornell University Press, 1993. Baker, M. H. Sabah: The First Ten Years as a Colony. Kuala Lumpur: Malaysia Publishing House, 1965. Black, Ian. “The Ending of Brunei Rule in Sabah, 1878–1902”. Journal of the Malayan Branch of the Royal Asiatic Society 41, no. 2 (1968): 176–92. ———. A Gambling Style of Government:...
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...factor that will divide the world of politics, because of what we believe, religion, language and traditions. This is the reason why countries look for allies in different nations with the same beliefs. Religion is the biggest factor that will cause division and it is already proven between Christianity and Islam. From the ancient times until this very day religion and our beliefs is the cause of war, because we fight for what we believe. Rise of civilization against the other started in the ancient times. And until today, the conflict continues. It will never be solved because we have differences and those differences are what make us unique as a person and as a nation. You may hate someone because of the type of civilization, and you may also like someone because of it. Civilization is the identity of a nation. The Next Pattern of Conflict The source of conflict is not merely ideological or economical, cultural tradition is the greatest reason for division in our world. The western countries had conflicts between princes, their armies, even constitutional is because of their economic stand and the land that they ruled. During the ancient times, the Americans fought for their land because of the British Empire that wants to colonize their land. The Founding Fathers stood against them and later on made a move to make a constitution for their protection. The western civil war is not because of their religion but because of the borders that they can conquer, they want to own more...
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...The Clash of Civilizations? by Samuel P. Huntington (SAMUEL P. HUNTINGTON is the Eaton Professor of the Science of Government and Director of the John M. Olin Institute for Strategic Studies at Harvard University. This article is the product of the Olin Institute's project on "The Changing Security Environment and American National Interests”. THE NEXT PATTERN OF CONFLICT WORLD POLITICS IS entering a new phase, and intellectuals have not hesitated to proliferate visions of what it will be -- the end of history, the return of traditional rivalries between nation states, and the decline of the nation state from the conflicting pulls of tribalism and globalism, among others. Each of these visions catches aspects of the emerging reality. Yet they all miss a crucial, indeed a central, aspect of what global politics is likely to be in the coming years. It is my hypothesis that the fundamental source of conflict in this new world will not be primarily ideological or primarily economic. The great divisions among humankind and the dominating source of conflict will be cultural. Nation states will remain the most powerful actors in world affairs, but the principal conflicts of global politics will occur between nations and groups of different civilizations. The clash of civilizations will be the battle lines of the future. Conflict between civilizations will be the latest phase of the evolution of conflict in the modern world. For a century and a half after the emergence of the...
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...between Asian and Western countries. Homosexuality has been a characteristic of human culture since the course of the 19th century. After the modern gay rights movement that began in 1969, in America, more people around the world started to change their mindset of seeing gay rights as “a mental illness to cure” to having more people trying to understand LGBT through biology, psychology, history and cultural variations of sexual practices and identity. We chose this topic because, gay rights has always been a sensitive topic for Malaysians today, this is mainly due to the fact that the government retains the colonial era penal code criminalizing sodomy and shaped by Islam, the official religion in Malaysia. In addition to the secular law, Muslim citizens may also be charged in special Islamic courts, the Syariah Court. In this report we will discuss the religious perspective of Asian and Western countries about homosexuality. We will go through the meaning of homosexuality in detail and ethical perspectives between Asian countries and western countries. Revealing statistical numbers on homosexuality problems and suggestions on how to be ethical when dealing with sexuality. We will also list Asian and western countries around the world that have conformed and accepted gender equality and those who haven’t due to restrictions. Our main mission is to identify the difference between Asian and Western countries, this is due to the fact that Asian countries condone homosexuality...
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...what stands as law”. | T. F | 6. | The various major legal systems of the world today are closed categories. | T. F | 7. | The distinguishing feature of the Common Law legal system is that the rules of law are codified. | T. F | 8. | The Civil law system has its origin in France during the reign of Napoleon Bonaparte. | T. F | 9. | The origin of the Common law system can be traced in the practice of the early American settlers. | T. F | 10. | The “inquisitorial system” is the feature of the Civil law, while the “adversarial system” is the Common law. | T. F | 11. | United Kingdom, Australia, New Zealand, Malaysia, India (excluding Goa), Canada, (excluding Quebec), Hong Kong and the United states (excluding Louisiana) and the States of the West Indies (Bahamas, Bermuda) are examples countries that adopt Civil law legal system.. | T. F | 12. | France, Germany, Italy, Netherland, Spain, Portugal,...
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...1. History and background……………………………………………………4-6 1.2. Population policy:…………………………………………………………..6-7 1.2.1.One. Population growth and health:………………………………………8-9 1.2.2.Two . Food and housing: …………………………………………………9 1.2.3.Three. Education and employment: ………………………………………9 1.2.4.Four. Distribution and migration: ………………………………………...10 1.2.5.Five. Registration, information and research: …………………………….11 1.2.6.Six. Link between population and sustainable development; …………….11 1.2.7.Seven. Status of family and social groups:………………………………..11 1.2.8. Eight. Administration of population policies and resources: …………….11-12 2. Population policy of China…………………………………….12 2.1. Population of China………………………………………………………...12-15 2.1.1.Ethnicity and Religion in China…………………………………………...15 2.1.2.One-child policy…………………………………………………………...15-16 2.1.3.Recent Effects of the One Child Law……………………………………..16-17 2.1.4.The Future of China's One Child Law…………………………………….17 3. Conclusion……………………………………………………….18-19 Population policy (Comparing China to Mongolia) 1.Population policy of Mongolia Mongolia's population is sparsely distributed, young, and increasing rapidly. With an estimated midyear 1990 population of 2,125,463, the average population density was 1.36 people per square kilometer. The rate of natural increase was the result of high birthrates and of death rates that were relatively low by world standards. The population's sex ratio was nearly even, with official 1990...
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...Strengthening the Ombudsman Institution in Asia Improving Accountability in Public Service Delivery through the Ombudsman About the Asian Development Bank ADB’s vision is an Asia and Pacific region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to two-thirds of the world’s poor: 1.8 billion people who live on less than $2 a day, with 903 million struggling on less than $1.25 a day. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. Strengthening the Ombudsman Institution in Asia Accountability is essential for good governance, and in many Asian countries the ombudsman is the key accountability institution. Originating in the West, the concept of the ombudsman arrived relatively late in Asia. Yet more and more ombudsman offices are being established in Asia, and they play a critical role in the fight against incompetence and injustice on the part of government officials. This report presents in-depth research on Asian ombudsmen, with a focus on best practices and emerging issues, especially in the context...
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...School BRAC University Date of Submission 22 April 2010 Thursday, 22 April, 2010 Mr. Shawkat Kamal Coordinator, BBA Program, BRAC Business School BRAC University, Dhaka Subject: Submission of Internship report Sir, In accordance to your advice, I have prepared my Internship report on Expansion Strategy of HSBC in Bangladesh.. In my report, I have tried to focus on the relevant information which would cover the objectives of the report. But no doubt, my effort and contribution will be best evaluated on your sharp scale of acceptance and remarks. Consequently, I am transmitting my project report to your very concern. I sincerely hope this report will fulfill the requirements suggested by you under the course BUS-400. Rather, in case of any further clarification or elaboration on my work, I would welcome the opportunity to consult with you. Thanking you. With best regards, Israt Kabir ID: 06304038 BUS-400 BRAC Business School, BRAC University Acknowledgement At the very beginning, I...
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...Modifying Products for Overseas Markets ------------------------------------------------- Case Study 12 McDonald’s Menu Caroline Pienczak, Jackie Prazmowski, Nick Marsman, Steve Smith Table of Contents Target market 2 Competitors 2 Corporation 2 Possible Solutions 6 Possible Solutions for Central Issue 1 6 Explanations for the Solutions 6 Selected Course of Action 8 Situation Analysis Target market McDonald's aims to offer a friendly, fun environment for everyone to enjoy. McDonald’s seeks to appeal to a wide range of people, from families who love their Happy Meal, to workers grabbing breakfast on-the-go or eating in to enjoy their freshly ground coffee and free Wi-Fi. The majority of the campaigns are communicated to everyone, often through TV advertising to ensure they have a broad reach. Competitors North America: * Burger King * Wendy’s * A&W * Harveys Australia: * Hungry Jacks * Red Rooster * KFC * Cafes Corporation * Started in 1940 * Dick and Mac McDonald * San Bernardo California * 15 cent hamburgers, cheeseburger, potato chips, pie, soft drinks, coffee, milk and milkshake * 1954 Ray croc became the nation wide franchising agent * Opened the first franchise in 1955 in Illinois * 1965 over 700 McDonalds restaurants in the US * 1967 went international: Canada and Puerto Rico New items over the years: * Filet-o-fish 1963 * Big Mac 1968 (Pittsburg) * Quarter...
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...IN CONTEMPORARY SOUTHEAST ASIA ISLAMIC STUDIES AND ISLAMIC EDUCATION i ii IN CONTEMPORARY SOUTHEAST ASIA ISLAMIC STUDIES AND ISLAMIC EDUCATION Editors KAMARUZZAMAN BUSTAMAM-AHMAD PATRICK JORY YAYASAN ILMUWAN iii Perpustakaan Negara Malaysia Cataloguing-In-Publication Data Islamic studies and Islamic education in contemporary Southeast Asia / editors: Kamaruzzaman Bustamam-Ahmad, Patrick Jory ISBN 978-983-44372-3-7 (pbk.) 1. Islamic religious education--Southeast Asia. 2. Islam--Education--Southeast Asia. I. Kamaruzzaman Bustamam-Ahmad. II. Jory, Patrick. 297.77 First Printed 2011 © 2011 Kamaruzzaman Bustamam-Ahmad & Patrick Jory Publisher: Yayasan Ilmuwan D-0-3A, Setiawangsa Business Suites, Taman Setiawangsa, 54200 Kuala Lumpur, Malaysia. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means – for example, electronic, photocopy, recording – without prior written permission of the publisher. The only exception is brief quotations in printed review. The opinions expressed in this publication is the personal views of the authors, and do not necessary reflect the opinion of the publisher. Layout and cover design: Font: Font size: Printer: Hafizuldin bin Satar Goudy Old Style 11 pt Gemilang Press Sdn Bhd iv ACKNOWLEDGEMENTS T his book grew out of a three-day workshop jointly held by the Regional Studies Program, Walailak University, and the Department...
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...8th International Conference on Islamic Economics and Finance Prospects and Problems of Islamic Banking from Bank’s Perspective: A Study of Bangladesh Dr. Muhammad Z Mamun 1 This paper focuses on the prospect and growth potentials of Islamic banks in Bangladesh as perceived by Islamic and conventional bankers. The study noted that there is a high demand for interest-free banking services from a segment of people in Bangladesh who have a strong desire to abide by the rules and principals set by Shariah. Along with religious requirement, economic exigencies provide a new outlook to the role of banking in promoting investment/ productive activities, influencing distribution of income and adding stability to the economy. The Islamic banking sector is, however, criticized on several grounds by the Conventional bankers. The banks are believed not to apply the rules of Shariah completely. Islamic banks are said to include interest in their dealings to compete effectively with the Conventional banks. Moreover, conventional banks offering Islamic banking as a parallel service are thought to do so only to add to their profitability, by attracting people who value the Shariah based system by enjoying the advantages of the special treatments from the Central bank. According to the survey, suitable and supportive legal framework would facilitate better growth of this sector. Moreover, the lack of an inter-bank money market and sufficient supportive and link institutions in the sector, act...
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...Backward vertical foreign direct investment with an example Backward FDI is investing in an industry which supplies your firm at home. Buying or building a supplier. For example, if Ford builds an engine production facility in Mexico which ships engines to it manufacturing site in Texas. This would be backward vertical FDI. Vertical foreign direct investment with an example Investment from one country into another (normally by companies rather than governments) that involves establishing operations or acquiring tangible assets, including stakes in other businesses. Vertical: when different stages of activities are added abroad. Forward vertical FDI is where the FDI takes the firm nearer to the market (for example, Toyota acquiring a car distributorship in America) and Backward Vertical FDI is where international integration moves back towards raw materials (for example, Toyota acquiring a tyre manufacturer or a rubber plantation). Common law system and how it differs from a civil law system Common law is based on tradition, precedent, and custom. When law courts interpret common law, they do so with regard to these characteristics. This gives a common law system a degree of flexibility that other systems lack because it allows the judge to interpret the law. Civil law system and how it differs from a common law system Civil law is based on a very detailed set of laws organized into codes. When law courts interpret civil law, they do so with regard to these codes...
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...An Introduction to the New Global Economy and Strategies for Competing Globally APA Headings | Level | Format | 1 | Centered, Boldface, Uppercase and Lowercase Headings | 2 | Left-aligned, Boldface, Uppercase and Lowercase Heading | 3 | Indented, boldface, lowercase heading with a period. Begin body text after the period. | 4 | Indented, boldface, italicized, lowercase heading with a period. Begin body text after the period. | 5 | Indented, italicized, lowercase heading with a period. Begin body text after the period. | 1. Introduction. Provide a brief focus statement about your paper and what the reader can expect. 2. Global World Economy. Discuss the importance of globalization in today’s global economy. 3. Cultural and Political Differences. Discuss cultural and political differences that global managers consider when expanding abroad. Are values and ethics different in each culture? Explain. 4. Going Global Strategies. Explain why companies are forced to expand globally. Discuss possible strategies for competing globally. Evaluate the advantages and disadvantages of the different strategies and policies that firms use to enter foreign markets. What are the main factors that influence a firm’s decision of market entry? 5. Suggestions and Recommendations. Provide practical and specific recommendations and suggestions for managers and expatriate to expand in this country of your choice for this project. ...
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...Claremont Colleges Scholarship @ Claremont CMC Senior Theses CMC Student Scholarship 2011 The Effect of Culture on the Implementation of International Financial Reporting Standards Mitchell A. Skotarczyk Claremont McKenna College Recommended Citation Skotarczyk, Mitchell A., "The Effect of Culture on the Implementation of International Financial Reporting Standards" (2011). CMC Senior Theses. Paper 165. http://scholarship.claremont.edu/cmc_theses/165 This Open Access Senior Thesis is brought to you by Scholarship@Claremont. It has been accepted for inclusion in this collection by an authorized administrator. For more information, please contact scholarship@cuc.claremont.edu. CLAREMONT McKENNA COLLEGE THE EFFECT OF CULTURE ON THE IMPLEMENTATION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS SUBMITTED TO PROFESSOR MARC MASSOUD AND DEAN GREGORY HESS BY MITCHELL SKOTARCZYK FOR SENIOR THESIS SPRING 2011 2 Table of Contents I. Introduction…………………….……………………………………………………………….4 II. Literature Summary………………………………………...………………...….……………..5 III. IFRS……………………...……………………………………………………..……………11 IV. Carve-outs…………………………………………………………………………………....18 V. Culture and Accounting………………………………………………………………………25 VI. Conclusion………………………………………………………………...…………………30 Appendix………………………………………………………………………………………...32 Bibliography……………………………………………………………………………………..37 3 I. Introduction As globalization increases at a blistering pace, more...
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