...Ali Farhoomand, Yuen Ying Chan and Pauline Ng; the Asian Case Research Center, The University of Hong Kong, 2007; 30 pages, with teaching notes and DVD. Founded in 1988 and chaired by Lawrence Fung, the Hong Kong Economic Times Group ("HKET Group") started off as a publisher of Hong Kong Economics Times (HKET)--the first Chinese-language financial newspaper in Hong Kong. Launched when the city's economy was booming, the newspaper set out to be the Chinese-language equivalent of the Financial Times and to become one of the pre-eminent financial and business information and service providers in Greater China. Widely recognized for its quality content and leading market status, Hong Kong Economic Times has evolved closely with the economic and business environment of the city, catering to the changing needs of the local business community, such as the addition of a property section during the rise of the property market in the early 1990s and an IT section during the dotcom bubble in the mid- to late 1990s. In the face of new challenges to traditional newspaper industry like the proliferation of the Internet, the HKET Group responds by focusing on two fundamental driving forces that have become the pillars to its success: diversification and differentiation. With a vision to becoming a diversified media group, HKET has branched out to book publishing, multimedia services, electronic information services, recruitment advertising and training. Set in 2006, this case addresses the...
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.....:: Jordan Research - Publications ::.. http://www.jordanresearch.co.uk/pubs.html NAVIGATION Home UK Consultancy Overseas Publications GLOBALISATION AND BIRD'S NEST SOUP David Jordan This is an amended version of an article first published in International Development Planning Review, Volume 26, Number 1, Liverpool University Press, 2004 Summary Almost un-noticed by outsiders, an extraordinary industry has emerged in Indonesia to meet a specialised demand from the nouveau riche of the Peoples’ Republic of China (PRC). This industry produces the prime ingredient of the famous bird’s nest soup, also used in traditional Chinese medicines and cosmetics. It is an urban industry, using substantial specially designed buildings, that has transformed a number of Indonesian towns. So far there has been little serious research into this phenomenon. The Indonesian government statistical agency (Badan Pusat Statistik) confesses that the industry output, though considerable, is not captured by its GDP estimates. Enquiries are hampered by the secretive behaviour of the practitioners, who jealously guard their trade secrets. The author is an economist/planner who first observed the phenomenon when conducting fieldwork for an urban development project in North Sumatera. He is currently preparing a research project on the subject to be carried out in association with Badan Pusat Statistik. The nests of bird’s nest soup are produced by the genus aerodramus (formerly collocallia)...
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...Group Assignment UNICON CONCRETE PRODUCTS (H.K.) LTD CASE REPORT Module 4: Operations management College: Humber Class: Wednesday, 6:30 pm – 9:30 pm Submitted by: Shilpa Puri, Maria Tolokonnikova, Davinder Matharu, Adina Goldfarb, Zeeshan Hanif Date: April 2nd, 2014 Table of Contents EXECUTIVE SUMMARY Page Part 1 Executive Summary 3 ISSUE IDENTIFICATION Part 2 Immediate Issues 4 Part 3 Systemic Issues 4-5 ENVIRONMENTAL & ROOT CAUSE ANALYSIS Part 4 Qualitative Analysis 5-6 Part 5 Quantitative Analysis 6-7 ALTERNATIVES AND/OR OPTIONS Part 6 Alternatives 8-9 RECOMMENDATIONS Part 7 Recommendations & Action Plan 9-11 IMPLEMENTATION Part 8 Recommendations Implementation Plan 12 MONITORS & CONTROLS Part 9 Monitors and Controls 13 Part 10 Conclusion & Management Plan 13 Part 11 Future State 14 Appendixes 14-15 References 16 PART 1: EXECUTIVE SUMMARY Unicon has already positioned itself strategically...
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...Youth HONG KONG Hong Kong is home FEATURES Fitness and nutrition Pollution YouTubers HKFYG Cover image by 羅潤龍 by Yun Huang Yong https://www.flickr. com/photos/goosmurf/5899151996/ YOUTH HONG KONG published quarterly by The Hong Kong Federation of Youth Groups EDITORIAL BOARD Rosanna Wong Elaine Morgan (Editor) Ada Chau (Assistant Editor) Angela Ngai Lakshmi Jacotă William Chung Henry Poon CIRCULATION (unaudited) 11,000-12,000 in Hong Kong, throughout the region and overseas VIEWS EXPRESSED are the authors’ and interviewees, may come from official sources, and do not necessarily reflect the views of the editorial board or publisher REPRODUCTION OF CONTENTS without written permission from the publisher is prohibited INTERVIEWS Elaine Morgan, Lakshmi Jacotă, Ada Chau PERSPECTIVES CONTRIBUTORS Ben Tse Elena Ng Mimi Mo Jessica Chan Ajmal Samuel Elaine Morgan SELECETD YOUTH SPEAK CONTRIBUTORS Lin Kristy, Ernest Chau Christy Chu Joy Pamnani Ivy Ho, Kevin Li Ho-lam, Gigi Chau Pansy Tam OTHER CONTRIBUTORS Virginia Addison Education Post Cathay Pacific Kate Yung Hilary Lok HKFYG unit staff TRANSLATION Henry Poon Ada Chau PHOTOGRAPHS Courtesy of HKFYG Very Hong Kong competition entrants, as captioned. Other photographs by Elaine Morgan, Ada Chau, acknowledged as captioned, or in public domain ARTWORK Sam Suen, DG3 DESIGN, LAYOUT & PRINTING DG3 Asia Ltd ISSN 2071-3193 WEB youthhongkong.hkfyg.org.hk CORRESPONDENCE to The Editor, Youth Hong Kong, 21/F, The Hong Kong Federation...
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...PESTEL Analysis Political Factor: Hong Kong was run as a laissez-faire economy under British colonial rule, and Hong Kong government continued using this system after the territory reverted to Chinese rule in 1997. The government announced the development for five tourism clusters to increase the attractiveness of Hong Kong to tourists including of Ocean Park. The mandate of Ocean Park Corporate was to manage Ocean Park as a public and recreational park and to provide facilities for education, recreational and conservation activities to the public on a self-financing basis. The Chinese government launched the individual Visit Scheme (IVS), lifting restrictions on the travel of mainlanders to Hong Kong in response to the impact of SARS. The scheme allowed mainlanders from designated cities to travel to Hong Kong in an individual capacity rather than only on a business visa or in a group tour as before. The government also reshuffled the Park’s board of directors and appointed new members to replace half of the board. Economic Factor: The park was dealt with the outbreak of the Severe Acute Respiratory Syndrome (SARS). As tourists shunned Hong Kong and Hong Kongers stayed home as much as they could, attendance at the Park fell by about 70%. Investors in the theme park industry had increasingly turned their eyes to Asia. Analysts forecasted industry growth for Asia at 5.7% between 2005 and 2009. Asia has population of more than 3.7 million. The management saw...
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...gaming centers of the world. In 2006, the revenue earned from gaming in Macau surpassed that of Las Vegas, and all taxes associated with gaming amounted to almost 75% of government revenue. The relaxation of travel restrictions coupled with the growth in the gaming segment resulted in nearly 27 million travelers visiting China in 2007, an increase of almost 62% over the preceding three years. Macau’s traditional textile industry has gradually shifted base to China due to termination of the Multi-Fiber Agreement in 2005. The Closer Economic Partnership Agreement (CEPA) signed between Macau and China allows tariff free movement of goods from Macau to mainland China. Pataca, the currency of Macau is closely connected with Hong Kong dollar and is freely accepted in Honk Kong. Economic activities of Macau Services activities dominated by tourism and gambling contribute nearly 96% towards its GDP (gross domestic product). Wholesale and retail trade, financial services, construction, and transport and communications are the other tertiary sector activities. The industrial sector is dominated by electronics, footwear, textiles and toy manufacturing facilities. Industries or secondary economic activities constitute almost 4% of GDP. The contribution of agriculture to Macau’s economy is negligible. With only 2% of total area of Macau under agricultural use, the contribution of this sector towards GDP is around 0.1%. Apart from vegetable farming, fishing is a vital primary economic activity...
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...Research Proposal (Ⅰ) Proposed Title (Ⅱ) Introduction (Ⅲ) Brief Literature Review ·Political, Economic and EMJOS ·Cross-cultural and EMJOS ·Gender and EMJOS (Ⅳ)Methodology ·Pilot and Measurement ·Questionnaires ·Individual Interviews ·Comparative Analysis ·Statistic Analysis (Ⅴ)Proposal Research Time-Table (Ⅵ)References (Ⅶ)Appendix (Ⅰ) Proposed Title The Discussion of Education Migration in Metropolises—Based on Japanese Overseas Students (Ⅱ) Introduction The problem of Education Migration has been becoming an international tendency globally in recent years, especially the Japanese Overseas Students (JOS), particularly in metropolises (this research includes three metropolises: Tianjin, Shanghai and Hong Kong). According to current official statistics, the number of Japanese Overseas Students with a bachelor’s degree at above studying in Tianjin (TJ) accounted for 1,906, 1,681, and 1,971 respectively in 2010, 2011, and 2012, dramatically doubling that of a decade ago. As a result of the above situations, I could not help coming up with the questions like why they are primarily female students and what education migration of Japanese Overseas Students (EMJOS) could bring to the political, economic and cross-cultural aspects of TJ society as well as what attitude we should harbour towards this trend (Appendix 1). I will compare EMJOS with two other metropolises in order to make...
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...Table of Contents 1) Executive Summary 4 2) Company Background 4 2.1) Company Prospect 4 2.2) Market Leading History 5 3) Competitors Analysis 6 3.1) Industry Perspective 6 3.2) Market Leader -- Broadway (in 4P points of view) 6 3.3) Market Challenger -- Gome (in 4P points of view) 6 3.4) Company Review 6 4) External Environment Analysis 7 4.1) Geographical view 7 4.2) Demographical 7 4.3) PEST Analysis 7 a. Political 7 b. Economic Environment 8 c. Social Environment 8 d. Technological Environment 9 5) Consumer Review 9 Dissonance-reducing buying behavior 10 6) SWOT Analysis 10 a. Strengths 10 b. Weaknesses 11 c. Opportunities 12 d. Threats 13 7) Conclusion and Recommendations 13 7.1) Target Market and Positioning Strategies 13 7.2) Marketing mix programs 14 a) Product 14 b) Price 14 c) Place 15 d) Promotions 15 1) Executive Summary This marketing report is aimed to analyze the electrical appliance retailer, Fortress, and provide(provides) several recommendations to improve its market positioning that can achieve its targets and objectives. After investigating the current situation and external environment, it is suggested to launch a new promotion campaign that allows Fortress to gain more attention from consumers and succeed in the industry. It is found that the trend of collective purchasing is significant on the internet. Also, the number of marriage increased with the economy rebounded. In the...
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...Introduction In recent years, the search of quality lifestyle with an affordable pricing seems to be one of the main stream desire within this little Far East city, Hong Kong. Since the 1960s to the 21st century now, the culture and life style had experienced significant change in being a colony to a special administrative region and from man power industry to a more customer base industry. These changes have created many impacts to the people who live in this city. Due to the extreme transformation of the nature in the aspect of work, the society is no longer satisfied with a simple life style. The need for different ways of relaxation have been increasing and the locals live within has an extremely high demand for their choices in traveling, dining and cultural information. With the strong influence from the east and the west, combining with its own root from China, this created a high diversity of acceptance from the people within this city. There are many types of magazines that accommodate the reader’s need locally, from gossip to politics, gadgets to latest fashion. One of the most outstanding out of all is the ‘U Magazine’. Under Hong Kong Economic Times Limited, this publication was launched in 2005, offering an all-inclusive leisure guide in Hong Kong, consisting three individual parts with five topics – U Travel, U Food combine with U Life, U People combine with U Style. Target Audience The purpose and genre of U magazine is somewhat obvious. The front cover...
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...Content Introduction 3 What is Collective bargaining? 3 Research Objectives 3 Literature Review 4 Social Problems brought by strikes 7 Short term social problems 7 1. Affect companies’ normal daily operation 7 2. Reduce competitiveness of certain industry 8 Long term social problems 9 1. Reduce investors’ confidence 9 2. Increase turnover rate 10 Recommendations for Large Enterprises and SMEs 11 For Large Enterprises 11 1. Performance appraisal- Graphic rating scale 12 2. A clear promotion mechanism 13 3. Provide more channels for employees to voice out grievances 14 4. Envisage the requests of employees 14 Recommendations For Small and Medium Enterprises 15 1. Salary Review System to increase the mutual understanding 15 2. Envisage the working equity of employees 16 3. Encourage employees participate in the job redesign with manager 17 How can collective bargaining be adopted in Hong Kong? 18 Cultural limitations in application of collective bargaining power in Hong Kong 18 1.Low entry barrier for Labor Union in Hong Kong 18 2.Role and function of labor union 19 3.Foreseeable difficulties for small and medium enterprises’ employees 20 4.Inequality between employers and employees 20 Features of collective bargaining it should possess 21 Recommendations for the adoption of collective bargaining in Hong Kong 22 1. Define a clear list of interest members 22 2. The bargaining statement must be legally binding 23 3...
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...Hong Kong's culture was born in a sophisticated fusion of East and West. It not only kept many Chinese traditions, but also experienced a baptism of western culture. This situation led to the diversity of Hong Kong's culture and the people there are open-minded to accept variety. To have a better understanding of this cultural phenomenon, you can give a research on the following aspects. People in Hong Kong The population of Hong Kong is formed by Cantonese, Shanghainese, British, Indians and Jews mainly. Cantonese is the majority and Cantonese culture is the mainstream there. Thus, many Chinese concepts like 'family solidarity', 'family glory', 'saving face' and 'modesty' carry significant weight in Hong Kong's culture. On the other hand, many locals adopted western ways of life. Language Cantonese is used most widely. Since Hong Kong's reversion to China in 1997, Hong Kong government has adopted the 'biliterate and trilingual' policy. That's to say, Chinese and English are regarded as the official languages; Cantonese, Chinese mandarin and English are spoken languages. Food As a culinary capital of Asia, Hong Kong boasts various delicacies in the local or from overseas. Hong Kong is influenced by western countries and some of the foods there combine the flavors of Chinese cuisine and western cuisine. Holidays In Hong Kong, people celebrate the Chinese traditional holidays, such as Chinese Lunar New Year, Ching Ming Festival (Qing Ming Festival) and Mid-Autumn...
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...As mentioned by the GS analysts in their Equity research report, there is a rosy growth for the coming fiscal years (2012). It is not hard to understand this due to the below 2 reasons: A clear market leader – Building on its 80-year heritage, CTF enjoys the largest market share of 12.6% and 20.1% in China and Hong Kong, respectively. Its retail network of 1,506 stores as of Sept 2011 is also the largest among peers (such as Luk Fook 590.HK) and Chow Sang Sang (116.HK). There is no doubt that CTF can enjoy a high growth when compared with LF and CSS for the 2012. [pic] Source: Frost & Sullivan, AAstocks Vertical integration - CTF produces about 50% of gold and 80% of jewelry products in house. The higher-than-average self-production ratio allows CTF to closely monitor product quality and react to market trend better. CTF currently has 9 jewelry factories and 3 diamond cutting and polishing factories. The costs involved in production will be greatly reduced which can directly and indirectly increase the profit margin. CTF is also a site holder with Diamond Trading Company (DTC), enabling good access to high quality diamonds. Among HK listed jewelry retailers, only CTF and Chow Sang Sang are DTC site holders in Hong Kong. (Source: http://corporate.chowtaifook.com; http://www.diamondworld.net/contentview.aspx?item=2082) Financials Analysis from GS: We look for 40% growth in FY13E and 29% in EY14E CTF has higher earning risk than LF and CSS 10% downside risk...
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...Social-Cultural trends in Hong Kong over the past decade. Hong Kong is a special administrative region of China. It is densely populated with an advanced capitalist system. Key events having cultural and social effects include the handover to China, SARS and the emergence of China as an economic power. The CIA lists Hong Kong as having one of the slowest growing populations in the world, ranked 155 with a growth rate of 0.504% per annum. It has one of the highest life expectancies ( 81.86 years, ranked 6), has very low birth rates ( 7224 births/ thousand – ranked 224) and low infant mortality rates. The ratio of men to women has changed over the past decade. In 1999 49.4% of the population was male but this figure had decreased to 47.7% by 2009 ( The Census and Statistics Department ). As a practical matter, these trends stand to complicate the prospect of maintaining rapid economic growth- perhaps severely ( Eberstadt 2007 ). Economically, Hong Kong is still a major financial centre and a leading gateway into China. However, Hong Kong’s economic interaction with the Chinese mainland has grown deeper and broader over the last 10 years, increasing the city’s economic connections with China ( Martin 2007 ). Current economic and trade dynamics have raised concerns that Hong Kong’s relationship with China will shift in the long run from one of synergy to full intergration, possibly undermining the HKSAR’s “high degree of autonomy”. There has been a decline in Hong Kong’s expatriate...
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...What was the change of the language culture after Hong Kong handover to China in 1997? By Kay Yim Hoi Man Hong Kong's culture was born in a fusion of East and West. It not only kept many Chinese traditions, but also experienced a baptism of western culture. Since the cause of the First and Second Opium War from 1983 to 1986 , Hong Kong was become a British colony. Therefore, many Britons came to Hong Kong for development and eventually English became the major language(¶4). However, the proportion of Britons lived in Hong Kong were gradually declined as there were large numbers of Mainland China immigrated to Hong Kong since 1974.Luckily, Hong Kong was located on a favorable geographical location, where could attract numerous of people from Western and Asian ,especially the majority of other cities in China ,for example Shanghai.( ¶1)(7)As a result, there had the reduction of multilingualism and the enlargement of Cantonese as usual spoken between 1960s and 1990s.(157)( ¶3) From my point of view, the adoption of "Biliterate and trilingual” policy (¶2) was probably good after Hong Kong handover to China. In the past, British government did not excluded the unique cultures of Hong Kong such as Cantonese and Traditional Chinese. Most of them were willing to accept and even actively to encourage people to learn. However, after Hong Kong returned to China, China government had interfered in Hong Kong Culture. Formerly, we would use traditional Chinese as our local written...
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...and SENSITIVE) on the Chinese market using Hong Kong as an anchor. 1 Table of Contents Chapter 1 ....................................................................................................................................... 5 Chapter 2 Company analysis ..................................................................................................... 7 2.1 History ................................................................................................................................ 7 2.1 Management Philosophy .................................................................................................. 7 2.2 Company strategy .............................................................................................................. 8 2.4. Competitive strategy......................................................................................................... 9 Chapter 3 Market Review ......................................................................................................... 10 3.1 Segmentation Targeting and Positioning of NIVEA BABY........................................ 11 3.2 Competitor Analysis......................................................................................................... 13 3.2.1Main competitor ............................................................................................................. 13 Chapter 4 Country Analysis of Hong Kong ............................................
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