...Macau Economy Macau’s booming tourism and casino industry has been inviting foreign investments which have helped it in becoming one of the renowned 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...
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...Letter of Reservation Pansol Taal Batangas February 10, 2015 Reservationist The Venetian hotel, Macao San Malo Macao Dear: sir/ma’am I and my friends would like to reserve, three deluxe room at your hotel on Monday to Friday February 20 to 25, 2015. There will be a total of six person, staying at your hotel and we would like to have a special request of another extra roll away bed in each room. We know that the breakfast and dinner will be included in our room purchase. But if there are any package you can recommend, please let is know. Ms. Jessica Buan will call you for other inquiries and amendments, Thank you. Sincerely yours, Mary Joy Marasigan Letter of Invitation Pansol Taal, Batangas February 10, 2015 Reyes Family Iba Taal, Batangas Dear: Mr. Garcia We Mr. & Mrs. Buan is pleased to invite you to our 15th wedding anniversary on May 10, 2015 9:00 am, and this will be held at Venitian Hotel manila city. The motif of the said event is blue and white. We know that your presence will be a meaningful gift to us. We hope that you will spend the day with us. Please accept our invitation and we guarantee that you will enjoy and have a great time. Sincerely yours, Mrs. Mary Joy Buan Letter of Resignation Pansol Taal, Batangas February 10, 2015 General Manager Bighit company Manila city Dear: Mr. Son I am pleasured working with you and all the staff of Bighit company. This company have took care and brace me for the past...
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...(G0638741T) Liu Fang (G3529124K) Louis Lim Wei Chun (S8416257D) * Contents Executive Summary | 1 | Company Overview | 2 | External Environment | 2 | Internal Environment | 4 | Acquisitions, Restructuring and Cooperative Strategies | 6 | Business-Level Strategy of Las Vegas Sands in the U.S. | 6 | Corporate- Level Strategy of Las Vegas Sands in the U.S. | 11 | International Business-Level Strategy of Las Vegas Sands | | Macau | 14 | Singapore | 17 | Bibliography | i | Appendix | iv | * Executive Summary Las Vegas Sands is a hotel, gaming and resort development company which operates in many countries worldwide. It has 3 significant establishments; The Venetian and The Palazzo in United States, The Venetian Macao in Macau and Marina Bay Sands in Singapore. The company places strong focus on their code of conduct and ethical behavior of their employees. The company has both tangible and intangible resources. Their capabilities include excellent management of operations and human resources, specifically tailored offerings to the Asian market, the MICE business and Eco 360 cost savings initiative. We have identified their core competencies to be in MICE, the Eco 360 program, its Paiza Club which targets high end Asian clientele and the Venetian theme which is seen prominently in their establishments. We have also analyzed the company’s external environment based on Porter’s 5 forces. Most of the forces are identified to be moderate, with the exception...
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...Performance Indicators Recommendations and Discussion………………………………………………………………23 Long-Term Options SBU Level Recommendations Short-Term Options Corporate Social Responsibility Environment and Sustainability Introduction Las Vegas Sands Corporation (LVS) is a multinational casino and resort company that began in 1989 when Sheldon Adelson purchased the Sands Hotel in Las Vegas, Nevada. Since 1990, LVS has grown into a luxury hotel, entertainment, and gambling corporation with locations in the United States in China. Among their most well-known American properties are The Venetian and Palazzo, both of which are in Las Vegas, and they also boast ownership of the Four Seasons Hotel, Sands Cotai Central, and The Venetian Macao in the Cotai Strip in Macao, China. Additionally, they operate the Marina Bay Sands in Marina Bay, Singapore. LVS is hoping to increase their presence in Singapore and Japan as well. They are planning to open The Parisian Macau, another...
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...Chapter 9 Achieving Operational Excellence and Customer Intimacy: Enterprise Applications Video Cases Video Case 1a: What Is Workday: Enterprise Software as a Service (Saas) Video Case 1b: Workday: Mobile Solutions for iPad Video Case 2: Evolution Homecare Manages Patients with Microsoft CRM (2011) Video Case 3: Sinosteel Strengthens Business Management with ERP Applications (2008) Instructional Video 1: Zara’s: Wearing Today’s Fashions with Supply Chain Management 6.1 Copyright © 2014 Pearson Education publishing as Prentice Hall Management Information Systems, Global Edition Chapter 9: Achieving Operational Excellence and Customer Intimacy: Enterprise Applications LEARNING OBJECTIVES • Describe how businesses use enterprise systems to achieve operational excellence. • Explain how supply chain management systems coordinate planning, production, and logistics with suppliers. • Describe how customers relationship management systems help firms achieve customer intimacy. • Explain the challenges posed by enterprise applications. • Describe the new technologies used by enterprise applications. 9.2 Copyright © 2014 Pearson Education Management Information Systems, Global Edition Chapter 9: Achieving Operational Excellence and Customer Intimacy: Enterprise Applications Enterprise Systems • Enterprise Systems – Enterprise resource planning (ERP) systems – Suite of integrated software modules and a common central database – Collects ...
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...found these two attractions in Macao is suffering different types of congestion which cause poor visitor experience and negative impacts on the environment, however few effective congestion management attraction have being implemented. Hilary du Cros researched and investigated the congestion issues at St Paul’s Ruins and A-Ma Temple in which located Macao in 2005 through the census of visitors and buses, the site inspection, the on-site interview and traffic counts, and the on-site observation. As a result, St Paul’s Ruins was more popular and congested than A-Ma temple, each congestion all caused parking problems. Based on this findings, the author continued the study in 2006 and provided some recommendation for congestion problems at these two sites such as some urgent actions are needed to be implement by St Paul’s Ruins and government. Even though this study had been submitted and approved by certain authorities, few of actions had been implemented. Either the political or government department is inadequate to deal with the congestion issues, which caused congestion was suffered increasingly and visitor experience and traffic issues got worse at these two sites. During the 2005-2006, Mainland Chinese tourist was found they were the majority of tourists at Macao and most of them have poor behavior and different visit expectations with western’s. Lessons from the study is not only able to help people to identify and face congestion issues at Macao , but also this...
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...Code: CM 20248 Tutorial Group: T03 (Monday) Tutor: Mr. Joseph MOHAN Date of submission: 5 November, 2010 Word Count: | | | | | | | | | | | | | | | | | | Investment Banking ________________________________________________________________________________________________________ Content * Proposal Purpose……………………………………………… | P. 3 | * Background of the Hong Kong-Zhuhai-Macao Bridge………. | P. 4 | * Benefit created by the HZMB………………………………… | P. 5 - 6 | * Financing Model of the HZMB……………………………...... | P. 6 – 7 | * Sponsors of the HZMB……………………………………...... | P. 8 | * Syndication Strategy………………………………………….. | P. 9 | * Risk Allocation Strategy. …… . . ……. . .…………………… | P. 10 | * Term Sheet. . . . . . .… . .…… . .…………………… .……… . | P. 11 – 12 | * Potential Risks and Risk Management…………………………. | P. 13 - 14 | * Conclusion…………………………………………………….. | P. 15 | * Reference……………………………………………………… | P. 16 - 18 | Investment Banking ________________________________________________________________________________________________________...
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...History 100 Uncertain Have you ever experience living under colonization? As the matter of fact, Macao, where I was born and raised at was colonized by Portugal from the mid 16th century until year of 1999. On December 20, 1999, Macao was transferred back to China, and that’s where the uncertain began. Since the past experience that I had with living in a colony, and the supporting source that I found from the book The Jesuit Relation written by Allan Greer, I think the native agency was very uncertain about the European colonization. Under my definition, agency means an organization with a group of people who are trying to protect or taking care of the same goal. In the situation of European colonization, New France was the native agency, they are trying to protect their own from France since they are not sure what was going to happen to them after they secured. Instead of secured to France, they created their own agency, “they established a place for themselves in the existing native alliance system.” (94) For the native people, one of the reasons they are resisting to obey is due to the fear of uncertainty. From the peace negotiation at three rivers, the author noted that Sieur de Chamflour said to the ambassadors once “they should consider themselves at home here among us, that they had nothing to fear, that they were in their own house.” (97) By the way Sieur de Chamflour said, he was trying to convince the ambassadors that they had nothing to fear; but obviously...
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...Human Factor and User Interface Assignment 1 For the Air Macao web site, I have described some comments which are in positive and negative ways. Positive things: 1. Strive for consistency: Using consistent font size and color in each area on the home page. Web sites use consistent layout in the same languages. 2. Cater to universal Usability: A new web site for those cities which “Air Macao” has the flight line provides their local language. For example: It provides Korean, Chinese and English. 3. Offer informative feedback: When purchasing flight tickets, this requires people to input their personal information. On the “Online Booking” page step 4, it requires users to fill-in personal information. If you entered something wrong, a dialog will be shown to tell user which item’s inputs are wrong. 4. Design dialogs to yield closure: On the “Online Booking” page, whenever users purchase tickets, it tells that there are six steps (procedures) to complete a transaction in the beginning. When you finished step one, it indicates you to the second step, step by step. 5. Prevent error: For the user’s input data, when users who want to purchase/book tickets, it provides 2-D menu calendars and drop-down lists for those cities “Air Macao” provides flight line on the “Online Booking” page. 6. Permit easy reversal of actions: When purchasing tickets on the “Online Booking” page, it provides a “Last Step” button on the bottom of the web page for users to redo...
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...文化局舉行國際音樂節今年已經是第二十九屆，請問你對今年活動安排的滿意程度是多少？ The 29th Macao International Music Festival has been held, how satisfaction did you feel for the arrangement of the events in this year? * 除了國際音樂節，文化局每年也會舉行澳門藝術節，請問你對今年活動安排的滿意程度是多少？ Besides International Music Festival, every year Macao Arts Festival will be held as well, so how satisfaction did you feel for the arrangement of the events in this year? * The 29th Macao International Music Festival ticket sales reached 90% which means the participation of Macau citizens is high, do you know much things about the event? * 這表示今年市民對MIMF的參與度很高，請問你對今年MIMF的活動了解嗎？ * 你對文化局的方便程度你會給多少分？ （包括：服務時間，服務地點，聯絡方法） How would you grade the convenience of Macau Cultural institution provides? (include: Office hours, office location and contact) * 你對文化局的環境設備你會給多少分？ （包括：舒適程度，設施配置） What would you grade the environmental facilities of Macau Cultural institution? (include: Comfortability, facilities setting * 你對上一屆的澳門拉丁城區幻彩大巡遊的交通處理安排的滿意程度是多少？ During The “Parade through Macao, Latin City, how did you feel about the traffic arrangement? * 這幾年文化局一直在推廣藝術，文化等活動，你覺得成效如何？ In recent year, Macau Cultural institution has been promoting art and cultural, what do you think about the effect? * 你對文化局在澳門文化遺產保護方面的滿意程度是多少？ * How would you grade the protection to the historical heritage which the Macau Cultural institution has provided? * 2015年初，特區政府提出將活化前愛都酒店，以作為牽頭帶動周邊區域形成一集文教、藝術等。你對這件事的看法是？ 愛都酒店： Hotel Estoril e Piscina Municipal ...
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...Best Practices in Heritage Management Final Project Introduction Cultural tourism is an expanding tourism market in Macau, the Ruins of St.Paul’s and A-Ma Temple, two most representative world heritage sites in Macau, receives thousands of tourists from different places every day. Gradually, problem arises, too many visitors come and they bring congestions. Congestion was defined as “when physical obstructions block the natural flow or narrow passages cause the flow to slow down” (UNWTO, 2004: 3). Ideally tourists should experience popular urban cultural heritage attractions by moving along reasonably well-defined routes (Cros, 2007). However, congestions will affect their experience negatively. In order to make sure of the current situation of tourism flows as well as congestions in the Ruins of St.Paul’s and A-Ma Temple, six groups of our Institute For Tourism Studies students went to the above two sites and collect data for research purpose in November, 2008. Data include visitor numbers, visitor types, and bus numbers and so on. Our main objective is to manage the congestion, by identify congestions into three types, permanent, fluctuating and background congestion. Meanwhile, we attribute these congestions to buses, tourists, and guides separately. At the same time, we also give out some recommendations for improvement. WHAT KIND OF CONGESTION IS THERE AT the Ruins of St.Paul’s? |Mid week ...
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...narrowly than under the FCPA but sill includes (1) anyone who holds a foreign legislative or judicial position; (2) individuals who exercise a public function for a foreign country, territory, public agency or public enterprise o; or (3) any official or agent of a public organization. On the other hand, the Hong Kong Bribery Law does not specifically cover the foreign bribes, which results in the controversial judgment on the case HKSAR v. Krieger . In this case, the defendants, the officers of a Hong Kong subsidiary of the Swire Group of Companies were accused of conspiring with a Macau businessman to offer advantages, namely an amount of 29 million MOP (Macau currency) to an agent, the Secretary for Transport and Public Works of the Macao SAR Government, for the award and renewal of public cleaning contracts, contrary to section 9(2)(a) of the Prevention of Bribery Ordinance Cap. 201 (POBO) and section 159A of the Crimes Ordinance, Cap. 200. However, the court stated that the offer was treated...
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...Abstract Cohabitation refers to men and women live together as spouse identity on the basis of marriage. Nowadays, many countries and regions of Hong Kong, Macao and Taiwan have accurate regulations on this issue in their laws. However, a few researches have been done among the jurisprudential circles in China. But In reality, it is common to see the behaviors to violate the right of cohabitation, without any support from laws. According to this situation, this paper studies in the topic of cohabitation, trying to arouse the attention and introspection from jurisprudential circles to this issue, to promote an early solution of cohabiting right, to protect the legitimate interest of couples in China. This paper consists of three parts: introduction, body and conclusion. And the main body is divided into four chapters. Chapter I is basic theory of cohabitating right. The concept of cohabitation is the foundation of understanding the regulation of cohabiting right. The phenomenon of cohabitation can be derived from ancient time, but the concepts were different in ages. The right of cohabitation in this paper refers to the couple’s right to live together who has legal marriage relationships, that has the characters of exclusiveness, unity of right and obligation, closely connection to domicile, sexual life as main content, etc. Chapter II is foreign jurisprudential situation of the right of cohabitation and analysis. In this chapter, I mainly introduce the jurisprudential...
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...SECOND SCHEDULE [Paragraphs 3 (1), 4 (9), 6 (1) and 50 (2)] “A”, “B” AND “C” CONDITIONS The “A” Conditions, the “B” Conditions and the “C” Conditions referred to in paragraphs 3 (1), 4 (9), 6 (1) and 50 (2) of the Regulation are as follows: “A” Conditions (1) The aircraft shall be either an aircraft in respect of which a Certificate of airworthiness or validation has previously been in force under the provisions of the Regulation, or an aircraft identical in design with an aircraft in respect of which such a certificate is or has been in force. (2) The aircraft shall fly only for the purpose of enabling it to: (a) qualify for the issue or renewal of a Certificate of airworthiness or of the validation thereof or the approval of a modification of the aircraft, after an application has been made for such issue, renewal, validation or approval, as the case may be; or (b) proceed to or from a place at which any inspection, test or weighing of the aircraft is to take place for a purpose referred to in sub-paragraph (a). (3) The aircraft and its engines shall be certified as fit for flight by the holder of a licence as an aircraft maintenance engineer entitled in accordance with the provisions of the Fourth Schedule so to certify, or by a person approved by the Civil Aviation Authority for the purpose of issuing certificates under this condition. (4) The aircraft shall carry the minimum flight crew...
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...Gambling has grown immensely across the world, and you can bet on that. Gambling today is more mainstream now than ever before. Since this boom in popularity many new on-line web sites have been created to take advantage of this growing craze. Internet Gambling has shot up the most these past few years. In 2005 the first online betting web site started. Today there are over 2,000 online gambling web sites. Take time to think about the rise in television shows that involve gambling, and the stations that air the shows. Bravo, ESPN, ESPN2, Spike, Game Show Network, FOX, NBC, CBS, and ABC all have aired a show that has had some type of gamble involved. Shows like Deal or No Deal, World Series of Poker, Celebrity Poker, Black Jack, some of these shows may not seem like gambling but as long as there is a risk there is a gamble. How many people knew of Texas Hold’em before ESPN started covering tournaments? And now you can’t go a day flipping through the channels without seeing some kind of poker or celebrity blackjack on television. As technology has improved our world by making things easier and more convenient, it has also made the gambling world easier and more convenient. With the rise of Internet gambling web sites, it is easier today more than ever to place a bet. You can see gambling every time you watch television. Whether it be game shows, card games, or just commercials, you see it. I love sports, so I watch ESPN to catch up on news and to see what is going...
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