...Course : CAES1906-G Name : Chan Ting Hong (Isaac) UID : 2010213837 Title : The Implementation of Goods and Services Tax : Destructive Effects Outweigh Benefits The issue of whether the government should implement Goods and Services Tax (GST) has been a hot debate in Hong Kong. The government stress that the tax will help broaden the tax base and secure the sustainability of tax revenue (Mak, 2006). They have also cited some examples from countries all over the world which have already imposed GST such as most of the Organization for Economic Cooperation and Development (OECD) countries and Pacific Asian countries (Yu, 2002). In spite of these, after considering the social context and environmental factors, the tax should not be imposed in Hong Kong since it will cause social discontent, hurt the economy and have low cost-effectiveness. First, social discontent will arise as a result of the implementation of GST. The GST is renowned for its regressivity, which is attributed to a widening effect on income disparity (Kato, 2003). Income disparity, which can be measured by Gini Coefficient, is an important social issue in modern cities (Callig, 2007). High degree of income gap is a serious socioeconomic problem, which will eventually lead to social discontent as the underprivileged cannot get their deserved treatment in society and may become highly unsatisfied. In extreme cases, social upheaval will break out. Currently Hong Kong is a place where Gini Coefficient measured...
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...In search of the competent project manager Crawford, L Project Management Program, University of Technology, Sydney, PO Box 123 Broadway NSW Australia 2007 As project management matures as a profession there is increasing international interest in the concept of project management competence. Demand for added value and the impact of the information age on work practices has meant that we are constantly required to deliver more for less with increasing emphasis on the competence to deliver value. Whether we recognise it or not, in every aspect of our lives, we are increasingly delivering results through projects. This places emphasis on competence of people who manage and contribute to projects. A major international research project is enhancing understanding of the project management role and of the environments in which projects are managed. It is providing clues in the search for the competent project manager. 1. Introduction Project management is often referred to as the ‘accidental profession’ [1]. It is also a profession in formation, and much of the attention given to project management competence reflects attempts to pin down, or better understand the evolving nature of project management and the role of the project manager. Although there has been focus on the search for the competent project manager, there is growing appreciation that projects will be delivered more effectively if there is synergy between the project management competence of...
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...Front. Mech. Eng. 2013, 8(3): 215–243 DOI 10.1007/s11465-013-0248-8 REVIEW ARTICLE Nannan GUO, Ming C. LEU Additive manufacturing: technology, applications and research needs © Higher Education Press and Springer-Verlag Berlin Heidelberg 2013 Abstract Additive manufacturing (AM) technology has been researched and developed for more than 20 years. Rather than removing materials, AM processes make three-dimensional parts directly from CAD models by adding materials layer by layer, offering the beneficial ability to build parts with geometric and material complexities that could not be produced by subtractive manufacturing processes. Through intensive research over the past two decades, significant progress has been made in the development and commercialization of new and innovative AM processes, as well as numerous practical applications in aerospace, automotive, biomedical, energy and other fields. This paper reviews the main processes, materials and applications of the current AM technology and presents future research needs for this technology. Keywords additive manufacturing (AM), AM processes, AM materials, AM applications 1 Introduction The ASTM F42 Technical Committee defines additive manufacturing (AM) as the “process of joining materials to make objects from three-dimensional (3D) model data, usually layer upon layer, as opposed to subtractive manufacturing methodologies” [1]. It is also known as additive fabrication, additive processes, direct digital...
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...Sherrah Adderley Ms. Marjorie Downie Eng 300 October 16, 2012 Should the government invest in solar energy? The impact of high crude prices on the economy has always been negative, resulting in high energy cost. Many Bahamians continue to struggle to keep their lights on due to the constant increases in surcharge on electric bills by The Bahamas electricity Corporation (BEC) .To reduce this energy load, the government should invest in renewable energy such as solar energy. Solar power is one way we can explore renewable energy. Maybe Bahamians are reluctant to explore renewable energy because of perceived difficulty or cost. The government should invest in solar power because; it reduces cost, environmental safe and may create jobs.(smith) Solar energy reduces cost. Since solar energy is hundred percent free it means that it can reduce the energy loads such as lowering electricity bills by the use of solar panels, solar lights and other solar products. Solar panel is cost effective as it requires no maintenance. (Van) Once installed, there are no recurring costs involved and money can be saved in the long run. Solar lights are easy to install. This is because there are a few wiring issues and little need to ever dig supporting trenches. Many Bahamians argue that it is misleading to say that solar energy is free However, the price of solar energy is found in the expense of the technology and other factors involved in extracting it and transforming it into...
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...23INTERNATIONAL JOURNAL OF PROJECT MANAGEMENT International Journal of Project Management 24 (2006) 587–594 www.elsevier.com/locate/ijproman Role of public private partnerships to manage risks in public sector projects in Hong Kong Li-Yin Shen a a,* , Andrew Platten b, X.P. Deng c Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong b Elevate East Lancashire, Accrington, England, UK c School of Civil Engineering, South East University, PR China Abstract The clients of public sector works have an obligation to ensure that the large scale investment in public works is effective and can achieve improvement in social and economic performance. However, construction activity is usually subject to more risk than other business activities because of its complexity particularly in coordinating a wide range of disparate and interrelated skills and activities. This complexity is further compounded in implementing public sector projects where multiple project objectives are expected by a wide range of stakeholders who have different interests associated with the projects. With reference to current practice in Hong Kong, this paper examines the major risks in implementing public sector works, and the ways that the application of public private partnership (PPP) can help to manage risks in project delivery. The example of Hong Kong Disneyland (KDLD) demonstrates how various major risks in committing to a PPP project...
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...Research Report on Cirque du Soleil Julien Lallement ISEG Business School 5 Group2C January 10, 2012 Human Resources Management, Pr. Michelle K. Duffy, Phd ABSTRACT This final research report relating to the Human Resource course will be focused on the Cirque du Soleil business case discovered in class. In a first part we will develop and articulate the Cirque du Soleil HR portfolio. This part will also relates the company values and core competencies. The first part will be concluded by a series of recommendation discussed during the group presentation provided in class The second part of the report will focus on the strategy developed and used by Cirque du Soleil in order to reach the success. This strategy called Blue Ocean strategy will be in a first part detailed to the Cirque Case and then we will see in a second part where this concept can be applicable or if it was already applied and by which industry. A bibliography will be added at the end of the document. SUMMARY I. Development and Articulation of Cirque du Soleil HR portfolio . . . . . . . . . . . . . . 4 a. Company Presentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 b. Human Resources Management related issues. . . . . . . . . . . . . . . . . . . . . . . . . .5 c. Recommendations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 II. Application of Cirque du Soleil concept to other...
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...Technovation 34 (2014) 339–341 Contents lists available at ScienceDirect Technovation journal homepage: www.elsevier.com/locate/technovation Editorial The challenge of cyber supply chain security to research and practice – An introduction a b s t r a c t The tremendous potential to assist or degrade economic and national security performance make security in the cyber supply chain a topic of critical importance. This is reflected by the tremendous activity in the public and private sector to better understand the myriad of cyber challenges, identifying existing gaps and needs and closing these gaps as quickly and firmly as possible through government policy initiatives, public/private partnerships, and legal/insurance penalty and incentive regimes. However when we examine the academic literature, the research and publications in this area are rather sparse. Consequently, this special issue on Security in the Cyber Supply Chain is intended to act as a resource to practitioners and as a call to research. & 2014 Published by Elsevier Ltd. Introduction In general, the cyber supply chain provides tremendous advances in efficiency and effectiveness. The economy gains through transactions being more efficient through the low cost rapid transmission of information related to supply chain management. Not only does this rapid transmission reduce cost, but it also provides value through increased effectiveness allowing for services and decisions that were not possible...
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...Madison Moore Mrs. Kampa Eng 121 1 March 2016 Football Players Need Yoga When most Americans hear the word 'yoga', they think of a petite girl in a ponytail and leggings, carrying her purple yoga mat. This image has become so completely part of the culture of American yoga that the general response when suggesting yoga as a training method is either "That's for girls," or "But I'm not flexible." These responses were generated by an overall ignorance regarding yoga as a practice. Imagine, for a moment, a very large and muscular man with the soles of his feet together on the ground in butterfly pose. Now imagine that one man in a large room with twenty men much like him in the same yoga position. A scene like this is the new normal; entire sports teams and all other types of athletes are realizing the benefits of, and therefore adapting yoga to their training programs. Yoga is no longer just a class for women who want to feel more "grounded", but reformed into a vital tool for athlete training. The most notable effects can be seen in high-strung, often injured, National Football League players who may not be the first to say "Here!" on a yoga role call. The athletes, however, will experience benefits, such as quicker healing injuries, future injury prevention, and finally the creation of a more balanced mind in an athlete, which are just a few reasons yoga should be adopted as mandatory training in the NFL. While some players may feel reluctance due to the "girliness" of the...
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...INB3550 September 23, 2013 Dr. Belay Seyoum Table of Contents Introduction……………………………………………………………… Summary……………………………………………………………….. International Trade International Trade Barriers Trade US – Latin America Analysis/Implications………………………………………………….. Conclusion………………………………………………………………. Reference…………………………………………………………………. Introduction There are currently promotional agreements just passed congressional signature that is an integral part of our current presidential team agenda to increase opportunity for American businesses, farmers and workers to expand and improve access to foreign trade with Latin America. There are three agreements. One specific to Panama, one to Korea and one to Columbia. The purpose of this paper will focus on the pending Columbia and Panama trade agreements and the purpose of the Latin America trade coalition that is supporting this trade. Summary International Trade International trades along with investment are fundamental in our everyday lives. The food we eat, the cars we drive, the clothes we wear, and even the fuel in our vehicles are all factors of international trade. Many of our jobs here in the US are dependent on imports and exports. International trade is imports and exports. The definition of International Trade in Business Dictionary is “The exchange of goods or services along international borders. This type of trade allows for a greater competition and more competitive pricing in...
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...Securitising China real estate: a tale of two China-centric REITs Michael C.H. Quek and Seow Eng Ong Department of Real Estate, National University of Singapore, Singapore Abstract Purpose – There is currently no real estate investment trust (REIT) listed in China. As of date, only two REITs – GZI REIT of Hong Kong and CapitaRetail China Trust (CRCT) of Singapore – have securitised Chinese property assets. The purpose of this paper is to examine the driving forces and the obstacles surrounding China REITs, and evaluate REIT securitisation as an exit strategy for Chinese properties. Design/methodology/approach – The paper analyses the performance of the two cross-border REITs and investigates whether REITs holding Chinese assets outperform other listed REITs. Research limitations/implications – CRCT outperforms GZI REIT as well as some of the other Singapore REITs, while GZI REIT ranked second lowest in terms of price performance when compared to other Hong Kong REITs. The limited history of CRCT suggests that when a well-structured REIT holding Chinese assets can perform very well. We also infer that performance is closely linked to portfolio composition and diversification, growth story and originator reputation. Originality/value – The study shows that there is indeed a strong local demand for China REITs, and that REITs can provide an alternative source of real estate financing for Chinese developers and promote a better regulated Chinese real estate market. Keywords Real...
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...Faculty Information-Seeking Behaviour in the Changing ICT Environment: A Study of Commerce Colleges in Mumbai Jayadev Kadli Librarian, Lala Lajpatrai College Mahalakshmi, Mumbai – 400 034, INDIA, B.D. Kumbar Professor Department of Studies in Library and Information Science Karnatak University Dharwad – 580 003 INDIA Introduction The kind of information required by the user, methods adopted in searching information, environment affected, time spent, problems faced and solutions made, the satisfaction/dissatisfaction arising from the information gathered and the relationship of the user with the system – all come under purview of a user study. A user study is the means for systematic examination of the characteristics of information behaviour of the users. Progress in information technology has offered today’s information seekers different opportunities to access the information resources in variety of formats, including commonly-available electronic information sources, such as CDROMs, databases, Web-OPACs, and the Internet. In some instances these are replacing the print-based information sources as the primary media for the storage and communication of recorded information. The increase in information available on the Web has affected information-seeking behavior, with many types of information in many different locations all available in one place.1 Information-seeking behaviour involves personal reasons for seeking information, the kinds of...
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...international journal of production economics ELSEVIER Int. J. Production Economics 35 (1994) 107-l 14 Trends in inventory management M.C. Bonney Department qf’ Manyfacturing Engineering and Operations Management. Universit.v qf Nottingham, UK Abstract Inventory management is one of the success stories of recent years and it is changing rapidly in response to international competition and new technology. This paper examines some of these developments. Inventory is a major investment in most companies. It strongly influences the internal flexibility of a company, e.g. by allowing production levels to change easily and by providing good delivery performance to customers. Yet inventory ties up working capital and space and it can suffer from obsolescence, deterioration and shrinkage. It can also add to administrative complexity. In recent years attention in manufacturing industry has concentrated on an ‘inventory is waste’ philosophy using JIT production, usually accompanied by visible ‘pull’ or consumer demand driven systems. The approach is also very effective in supermarket retailing and, at its best, provides very high stock turn and high profits to the company at the same time as providing good service and fresh items to customers at low cost, Current changes in inventory management consider the total logistics chain under the term logistics management, place a greater emphasis on purchasing rather than producing in-house and use more international sourcing...
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...1.0 Introduction to Brazil Tourism Industry In Brazil, tourism is a key to the economy development of several regions of the country. This statement was further supported by Slob B. & Wilde J. (2006), in their published journal entitled ‘Tourism and Sustainability in Brazil’, regardless of anywhere in the world, tourism, indeed; is the fastest growing industry and it contributes the world economy with a gross output of over US$7 trillion, employing 11% of globe’s workforce, forming 11.5% of global GDP. While in Brazil, White (2006) found that the industry contributes 3.2% of the total country revenue in year 2005. According to World Tourism Organization (WTO), due to the devaluation of American Dollar against the Brazilian Real has made a favorable trend in International tourist arrival to Brazil to grow dramatically in 2007 and in early 2008. In spite of this, statistic in Table 1 shows that revenue had risen from USD 4.3 billion in 2006 to USD 5.7 billion in 2008. Table 1 Brazil International Tourism Arrivals 1995-2011 Year | International tourist arrivals (x1000) | Annual growth (%) | Total revenue (millions USD) | Annual growth (%) | 1995 | 1,991 | - | 972 | - | 2000 | 5,313 | - | 1,810 | - | 2003 | 4,133 | - | 2,479 | - | 2004 | 4,794 | 16.0 | 3,222 | 30.0 | 2005 | 5,358 | 11.8 | 3,861 | 19.8 | 2006 | 5,019 | -6.3 | 4,316 | 1.1 | 2007 | 5,025 | 0.1 | 4,953 | 14.8 | 2008 | 5,050 | 0.5 | 5,780 | 16.7 | 2009 | 4,802 | -4.9 | 5,305 | -8...
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...Its Personal! Eng:121 June 23, 2013 It’s Personal! A Look At Privacy In The 21st Century There is no doubt that there is a lack of privacy in the 21st century, but is it our choice? How much is under the control of our own actions and how much is implemented by the government? Surely there is good that comes from having an “invisible” eye watching and recording certain daily actions, but are we more susceptible to threats because some of our privacy is literally stripped from us? I never got a choice if I wanted google earth to take a picture of my house to display to the world, or my name and family history to be available to anyone that googled it. Criminals are off the street because of cameras, terrorists are being tracked by computer, and it sure is nice to find old friends by looking online. The 21st century has introduced us to new technology that makes our lives a little easier however, privacy seems to diminish with every click of a mouse. Perhaps we can argue that the use of advanced technology is threatening our fourth amendment rights. Privacy is a concept that has been interpreted in many different ways. “In the United States, the concept of privacy has evolved since it was first articulated by Justice Brandeis in 1898. His definition of privacy-"The right to be let alone" (as cited by Berman & Bruening, 2001, Para 6)- has been influential for nearly a century (Berman & Bruening, 2001). This definition seems to give a good definition of what...
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...UNDERGRADUATE CURRICULA AND FACULTY 2007 – 2011 Proposed 2009 – 2013 2 Requirements for the BBA degree: Foundation Courses 40-41 Credits Core Courses 45 Credits Departmental Requirement 24 Credits Minor 15 Credits Total variable requirement for Graduation 124-125 Credits Foundation Courses Communication Skills ENG 101 ENG 102 ENG 105* ENG 106 ENG 202 Listening and Speaking Skills English Reading Skills Business English Advanced English Skills Introduction to English Literature 40-41 Credits 9 3 3 3 3 3 * Prerequisite ENG 101 & 102 Note: students not exempted from ENG 101 and ENG 102 will have to take ENG 101, ENG 102 and ENG 105. Note: students exempted from ENG 101 and ENG 102 will have to take ENG 105, ENG 106, ENG 202 Computer Skills CIS 101* CSC 101** Fundamentals of Computer System Introduction to Computer Science 3 3 3 * For students without basic knowledge of computer **For students with basic knowledge of computer & mandatory for students with Major in subjects offered from the SECS Numeracy MAT 100* MAT 210* Basic University Mathematics 1 Basic University Mathematics 2 6 3 3 3 *MAT 100 and MAT 210 mandatory for SLAS majors(English, Media & Communication, Anthropology) other than Sociology MAT 101* MAT 211* MAT 102* MAT 212* Intermediate University Mathematics II Probability and Statistics Introduction to Linear Algebra & Calculus Probability & Statistics for Sc. & Engr. 3 3 3 3 **MAT 101and MAT 211 mandatory for...
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