...Background of Newspaper Industry in Hong Kong Hong Kong has over 70 newspapers at present. Most of them are daily newspapers including Chinese, English and other languages. Some of them are horse-racing newspapers which only report news about horse racing; they are not published daily if there is no racing meetings hold, for example during summer vacations. Of the daily newspapers, only 12 are Chinese language. They are Apple Daily, Hong Kong Daily News, Hong Kong Commercial Daily, Hong Kong Economic Journal, Hong Kong Economic Times, Ming Pao, Oriental Daily, Sing Pao, Sing Tao Daily, Ta Kung Pao, Tin Tin Daily and Wen Wei Pao. The existing price of Chinese language newspapers is $5 except Oriental Daily, which is sold at $4. Before the price war in late 1995, there is an agreement among the newspapers that are sold at a uniform price. However, since the price war, such an agreement no longer exists and those newspaper companies are free to adjust their price. There is a comment that the newspaper industry in Hong Kong is one of the most competitive one in the world. Environmental Analysis * Social and Cultural Analysis Society is composed of people and their culture. And culture is greatly determined by common behaviour of the people in a society. In the newspaper industry in Hong Kong, the pattern of reporting of the newspapers targeting for mass market can be a reflection of common behaviour of people in Hong Kong. In this part, behaviours of the mass market are...
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...the islands of Antigua and Barbuda; they named the organization World Sports Exchange (WSE). Mr. Cohen was prosecuted by the U.S. government; his conviction resulted in a battle between the U.S. and the two small Caribbean islands of Barbuda and Antigua. The epic battle of David and Goliath was mediated by the World Trade Organization (WTO) and raised a lot of interesting questions about international trade and internet gaming (Steiner, Steiner, 2009). The following case study analysis will describe the central issue of the case and the relevant facts, as well as the external operating environments that WSE had to contend with. Furthermore the paper will provide possible solutions for the matter in the short and long term. Central Issues and Relevant Facts The primary issue seems to be that WSE was profiting from U.S. consumers and the U.S. government was not receiving any benefit. Sports organizations were upset and the country’s “social morality” was being attacked, or at least that was the opinion of the supporters of the Unlawful Internet Gambling Enforcement Act (EIGEA) of 2006. The bottom-line is that Mr. Cohen was not breaking any laws within the country that his business operated in. The U.S. clearly overstepped its bounds and did not conform to the General Agreement on Trade in Services (GATS) that all WTO organizations ratified in 1995 (Steiner, Steiner, 2009). The United States’ stand on gambling is hypocritical, many regions within the nation allow gambling, and...
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...Comparative analysis of the gambling industry in India & the United States of America (USA). Study @ New York University. By: Anupam Sabat, 3C BBA Amity International Business School, Noida. Acknowledgement At the onset, I would like to thank our esteemed faculty at Amity International Business School, Prof. Dr. Arun Sacher, for his encouraging words and his guidance. It was really he who constantly motivated us & pushed us to our limits & in the process, helped us realize & scale newer & higher peaks. He constantly challenged us to strive for excellence & in doing so, enabled us to perform to the best of our abilities. INTRODUCTION Gambling is one of the oldest industries in the world. According to the UK Gambling Act 2005, betting or gambling means ‘the making or accepting of a bet on the outcome of a race, competition or other event or process; the likelihood of anything occurring or not occurring; or whether anything is or is not.’ It is regarded by some as a vice and sinful activity which corrupts the society. Others view gambling as a harmless form of entertainment (I, personally, believe in the latter notion). Some also look at it in economic terms. Legalized casino gambling, be it in Las Vegas, London and/or Macau rose out of the desire for economic stimulus. Overall, society has taken a cautious view of gambling. Only limited types of games are legalized. The reason for gambling being heavily regulated...
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...UNITED STATES TAX COURT Opinion 2009-144 JANELLO S. DUNGCA AND MARIA C. GUTIERREZ, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 17802-08S. Filed September 17, 2009. Janello S. Dungca and Maria C. Gutierrez, pro sese. Matthew D. Carlson, for respondent. Introduction This case was heard pursuant to the provisions of section 7463 of the Internal Revenue Code in effect when the petition was filed. The respondent determined a $33,091 income tax deficiency and a $6,618 section 6662(a) accuracy-related penalty for the petitioners’ 2005 tax year. Issues presented for consideration are: (1) Whether petitioners are entitled to deduct gambling losses; and (2) whether petitioners are liable for a section 6662(a) accuracy-related penalty. Background During 2005, petitioner Janello S. Dungca (Mr. Dungca) was employed by a consulting company in Pittsburgh, Pennsylvania. His consulting assignment from January 1 through July 30, 2005, was at the Mayo Clinic in Rochester, Minnesota. Approximately every other weekend during that period, the petitioners visited a gambling establishment named Canterbury Park that offered wagering on horse racing. Mr. Dungca was an inveterate gambler, and since 1991 he had spent a good amount of his nonworking time gambling. Mr. Dungca would retain betting slips, receipts, and records of cash withdrawals, and at the end of each day he would record the day’s bets, winnings, and cash withdrawals (cash in and out)...
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...Noam Chomsky on Anarchism, Marxism & Hope for the Future The following are excerpts of an interview with Noam Chomsky published in Issue 2 of Red & Black Revolution. RBR can be contacted at Red & Black Revolution, PO Box 1528, Dublin 8, Ireland. The interview was conducted in May 1995 by Kevin Doyle. RBR:First off, Noam, for quite a time now you've been an advocate for the anarchist idea. Many people are familiar with the introduction you wrote in 1970 to Daniel Guerin's Anarchism, but more recently, for instance in the film Manufacturing Consent, you took the opportunity to highlight again the potential of anarchism and the anarchist idea. What is it that attracts you to anarchism? CHOMSKY: I was attracted to anarchism as a young teenager, as soon as I began to think about the world beyond a pretty narrow range, and haven't seen much reason to revise those early attitudes since. I think it only makes sense to seek out and identify structures of authority, hierarchy, and domination in every aspect of life, and to challenge them; unless a justification for them can be given, they are illegitimate, and should be dismantled, to increase the scope of human freedom. That includes political power, ownership and management, relations among men and women, parents and children, our control over the fate of future generations (the basic moral imperative behind the environmental movement, in my view), and much else. Naturally this means a challenge to the huge institutions of coercion...
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...physical subversion of the dated foundations the writings oppose. Prominent in early modernist work was the theoretical influence of Sigmund Freud, most notably in the case of contemporary writer James Joyce whose literary techniques, such as the stream of consciousness writing in Ulysses, have come to epitomize modernist fiction. Ulysses not only challenges the censors’ attitude to sex, but also what were considered the sexual norms for men and women in pre-war Catholic society. Similarly, Vladimir Nabokov uses sexual deviancy to protest the theoretical ideas implicit in modernist literature through characteristics derived from post-World War II civilisation. The absence of structure or control left by the war undermined contemporary opinion of western stability, presented in Lolita through American culture. This subversion is mirrored in the poetry of Carol Ann Duffy through use of explicit language rather than sexual perversion, confronting the inequality in modern culture. Despite the distinct narrative styles of each writer, be it the stream of consciousness monologues of...
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...Table of Contents Overview………………………………………………………………………………………………..……Page 1 Structure………………………………………………………………………………………………..……Page 3 Economic Situation………………………………………………………………………………………Page 4 Political Situation…………………………………………………………………………………………Page 5 Stakeholders…………………………………………………………………………………………..……Page 7 Non-Market Strategies and Analysis……………………………………………………………...Page 9 Market Strategies and Analysis………………………………………………………………...…Page 11 Economic Analysis……………………………………………………………………………………..Page 12 Political Analysis……………………………………………………………………………………..…Page 14 Evaluation of Outcomes………………………………………………………………………...……Page 15 Works Cited………………………………………………………………………………………….……Page 17 Overview The industry of gambling provides a country’s respective government with large amounts of financial support. Furthermore, gambling is a multi-billion dollar industry worldwide. The misfortunes and losses of people are the monumental and overwhelming gains to government or non-government regulated casinos. The establishment of government owned casinos creates much-needed jobs for citizens as well it creates a flow of profit to the country. This inflow of cash assists the government in completing necessary tasks and is beneficial to the public because taxes are not being raised to complete such tasks. Over the last twenty-five years, the regulation of gambling has become prevalent. There are still many situations in which gambling occurs in a deregulated form such as Internet gambling...
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...Casino: Community Perceptions ADMN-2136 Proposed North Bay Casino: Community Perceptions Introduction On May 17th , 2012, the city of North Bay accepted the proposal from the Ontario Lottery and Gaming Corporation to build a casino. The proposal has created differing opinions within the population. The research we would like to conduct will be analyzing the perspective of North Bay residents to discern critical factors that shape their overall impression of the topic. Socio-economic and public health sentiments are considerations used in the proposed analysis. The population`s knowledge of the coming event, recognized opportunities and benefits, perceived risks, and philosophical views are components contributing to our research. Casinos have both positive and negative implications for a community, and community attitudes are instrumental in their success rates. Research Problem A casino coming to North Bay has brought up some controversy, whether the public believes the casino would be beneficial or have a negative impact on the community. We will determine whether the residents of North Bay are opposed or supportive of this decision (Conrad, 2012). We will uncover the resident's opinion of this decision. We will be analyzing the general interpretation of North Bay's residents and if the casino will improve tourism for this area. This could be an exciting attraction and improve the social quality of the city. Additional resources may be necessary for functionality...
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...BRAND AUDIT- RED BULL Index Table of Contents Introduction to brand audit.................................................................................................. 1 1.Background of energy drinks ................................................................................................. 3 2. Market analysis of energy drinks ………………………………………………………………………………. 4 3.Red Bull……………………………………………………………………………………………………………………………. 7 4.Integrated marketing communication channels………………….……………………………..………….13 5.Survey Analysis……….……………………………………………………………….…………………..……………….22 6.Red Bull brand………………………………………………………………………………………………………….……29 7.Competitor analysis………………………………………………………………………………………………………..38 8.Red Bull positioning…………………………………………………………………………………………………..….40 9.SWOT analysis……………………………………………………………………………………………………….………42 10.PESTEL analysis……………………………………………………………………………………………………..…….43 11.Supply and distribution of red bull………………………………………………………………………….…….45 12.Red bull in news…………………………………………………………………………………………………………....46 13.Reccomendations…………………………………………………………………………………………………………. 50 References Exhibit(survey questions)………………………………………………………………………………………………….53 2 INTRODUCTION TO BRAND AUDIT A brand audit is a thorough examination of a brand’s current position in an industry compared to its competitors and the examination of its effectiveness. When it comes to brand auditing, five questions should be carefully examined and assessed. These five questions are how well the...
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...(UB) group today (2008) boasts a diverse portfolio of businesses - alcoholic beverages, life-sciences, engineering, aviation, agriculture, chemicals, information technology and leisure. The man behind this potent diversity is none other than India's flamboyant tycoon Vijay Mallya (Mallya). Mallya's association with the rich, trendy and the luxurious seems to have rubbed off on his brands. All through his glitzy forays into various fields, Mallya has fastidiously endorsed Brand `Kingfisher'. His entry into aviation with the glamorous launch of Kingfisher Airlines drew a lot of its brand equity from Mallya himself. Media reports often analyze how Mallya promotes the `Kingfisher' brand by associating it with lifestyle events like horse-racing, Formula 1 racing and prestigious launches. Reflecting on how he contributes enormously to it through his own flamboyant lifestyle, it is pertinent to probe into the prospects of Kingfisher's brand extension. The Kingfisher brand has come to epitomize a lifestyle that encompasses some of the finest things in life and is today synonymous with delivering a premium experience. - Vijay Mallya Brand Kingfisher I am the brand ambassador; I am the `King of Good Times',said Mallya, the brainchild of Kingfisher brand launched in the year 1980. Reports say that Mallya, while working in Kolkata (Indian city in the eastern state of West Bengal), felt that none of the existing beer brands Black Label, Kalyani, etc., were stimulating. Mallya, wanting to...
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...MARKETING 480 MAJOR CORPORATION PROFILE Volkswagen Group: Marketing Strategy Analysis and Profile Andrew Clayton, Brennen Charles, Brandon Ferrell and Whitney Wilcher MKG 480 Marketing Management Ball State University Muncie, IN 47306 Professor John Vann Dec. 9, 2011 TABLE OF CONTENTS Background ………………………….………………………………………………………………………. 3 Product Market Matrix …………….………………………………………………………………………. 4 Values ………….……………………………….……………………………………………………………. 8 Mission Statement…….….…………………….…………………………………………………..………. 12 Objectives …….….….………………….……………………………………………………………..……. 13 Porter’s Five Forces …..……………….……………………………………………………………..……. 15 Sustainability …..…………...………….……………………………………………………………..……. 20 Boston Consulting Group Growth/Share Matrix ……………...…………………………………..……. 25 Directional Policy Matrix ……………...…………………………...………………………………..……. 31 Positioning ………………………….…...…………………………...………………………………..……. 34 Marketing Mix ……………………..…...…………………………...………………………………..……. 38 References ……………………..…..........…………………………...………………………………..……. 43 2 BACKGROUND Volkswagen group is a automotive conglomerate consisting of several brands of vehicles for a range of customer groups at a range of prices. It is one of the top automotive manufacturer’s in the world and is the top automotive manufacturer in Europe (Volkswagen, 2011a). Beginning in the late 1930s, Volkswagen created tanks and driving equipment for Nazi Germany during World War II. After the war, Great Britain had the choice to either...
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...1. HISTORY In 1982, Dietrich Mateschitz learned about so-called “tonic drinks”, which enjoyed wide popularity in Asia. While he was sitting in the bar at the Mandarin Hotel in Hong Kong he got the idea of marketing those particular functional drinks outside Asia. This was not a new idea, but a variation on the Lucozade theme, another popular energy drink marketed by Smith Kline Beecham. However, Red Bull included other ingredients to achieve a different flavor. (Figure 1: Red Bull Founder- Dietrich Mateschitz) So it was that in 1984, Mateschitz founded the Red Bull GmbH company. He fine-tuned the product, developed a unique marketing concept and started selling Red Bull Energy Drink on the Austrian market in 1987. Red Bull rapidly gained in popularity, giving people wings right from the start. In 1992, Red Bull touched down in its first foreign market, in Hungary. Today, Red Bull is energizing over 100 countries around the globe, such that many superstores have copied the idea with their own brand products, which invariably are inferior in one aspect or another.Red Bull, who is originally from Austria where it is still produced, distributed their energy drink in over twenty countries. Countries like USA, New Zealand, South Africa, Eastern and Western Europe. Today, the slinky 8-3-OZ can has completed its invasion into nearly every cold box in the United States. (Ohio, Tennessee and the Dakotas are among the few states without it.) In less than three years, Red Bull...
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...The ANNALS of the American Academy of Political and Social Science http://ann.sagepub.com/ Capital, Consumption, Communication, and Citizenship: The Social Positioning of Taste and Civic Culture in the United States Lewis Friedland, Dhavan V. Shah, Nam-Jin Lee, Mark A. Rademacher, Lucy Atkinson and Thomas Hove The ANNALS of the American Academy of Political and Social Science 2007 611: 31 DOI: 10.1177/0002716206298694 The online version of this article can be found at: http://ann.sagepub.com/content/611/1/31 Published by: http://www.sagepublications.com On behalf of: American Academy of Political and Social Science Additional services and information for The ANNALS of the American Academy of Political and Social Science can be found at: Email Alerts: http://ann.sagepub.com/cgi/alerts Subscriptions: http://ann.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav Citations: http://ann.sagepub.com/content/611/1/31.refs.html >> Version of Record - Apr 30, 2007 What is This? Downloaded from ann.sagepub.com at NATIONAL UNIV SINGAPORE on October 14, 2011 Capital, Consumption, Communication, and Citizenship: The Social Positioning of Taste and Civic Culture in the United States By LEWIS FRIEDLAND, DHAVAN V. SHAH, NAM-JIN LEE, MARK A. RADEMACHER, LUCY ATKINSON, and THOMAS HOVE In this article, the authors analyze the field of cultural consumption in the United States. Using...
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...often call 4-passenger sport coupés a "sports car", while purists will insist that a sports car by definition is limited to two-place vehicles. Body work In automotive engineering, the bodywork of an automobile is the structure which protects: ⦁ The occupants ⦁ Any other payload ⦁ The mechanical components. In vehicles with a separate frame or chassis, the term bodywork is normally applied to only the non-structural panels, including doors and other movable panels, but it may also be used more generally to include the structural components which support the mechanical components. Construction There are three main types of automotive bodywork: ⦁ The first automobiles were designs adapted in large part from horse-drawn carriages, and had body-on-frame construction with a wooden frame and wooden or metal body panels. Wooden-framed motor vehicles remain in production to this day, with many of the cars made by the Morgan Motor Company still having wooden structures underlying their bodywork. ⦁ A steel chassis or ladder frame replaced the wooden frame. This form...
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...Gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, fringe benefits, and similar items; (2) Gross income derived from business; (3) Gains derived from dealings in property; (4) Interest; (5) Rents; (6) Royalties; (7) Dividends; (8) Alimony and separate maintenance payments; (9) Annuities; (10) Income from life insurance and endowment contracts; (11) Pensions; (12) Income from discharge of indebtedness; (13) Distributive share of partnership gross income; (14) Income in respect of a decedent; and (15) Income from an interest in an estate or trust. I.R.C § 61 Analysis: Section 61(a) it basically says that the gross income is not limited to these items, but that these are just the most typical sources of income. It is irrelevant whether or not the above items are received in money, goods, or services. Conclusion: The $300,000 that John received for services rendered from the court case is considered earned income for the year. The $300,000 is earned income for John Smith and will be reported as gross income either on Schedule C of the individual return or as gross income on the LLC return. “US code defines gross income in 26 U.S.C § 61 states except as otherwise provided in this subtitle, gross income means all income from whatever source derived, including but not limited to the following items:...
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