to 10% of the GDP of developing countries. The contribution of tourism to economic growth and development is reflected in the form of exports since it represents 40 percent of all xports of services, making it one of the largest categories of international trade (UNWTO, 2006). There is widespread optimism that tourism might be a powerful and beneficial agent of both economic and social change, some even advocating that it might be a force for world peace. Indeed, tourism has stimulated employment
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longterm corporate analysts by surprise. Unfortunately, this was the case in the example of Kelon, a domestic household appliance manufacturer that once enjoyed the honour of being cited as a typically successful case study on Chinese firms in international business schools. Entitled Kelon: China’s Corporate Dragon,1 the study regarded it as an exemplar of dynamic Chinese firms rising from China’s embracing of the market economy during the 1980s and 1990s.2 The timing of the publication, namely the
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BUILDING SERVICES ENGINEERS PERCEPTIONS OF CLIMATE CHANGE: THE CASE OF HONG KONG by SHING Kwan Ho DISSERTATION Submitted in partial fulfilment of the requirements for the degree of Master of Social Sciences (Corporate Environmental Governance), The Kadoorie Institute The University of Hong Kong June, 2009 ABSTRACT This research assessed the local building services engineers’ general perceptions of climate change. The participants’ (1)
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Drug Trafficking Global Issues in Context Online Collection, 2014. [pic] [pic] Drug trafficking refers to the international black market trade of illegal drugs. While some drugs are produced and sold locally, the cultivation and manufacture of some illicit drugs occurs in only a few locations around the world. Most of the world's supply of cocaine comes from Central and South America and most opiates are cultivated in Central, Southeast, and Southwest Asia. A chain of drug cartels ships drugs
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Market presence 13 Organisation 15 Governance 16 Global businesses 18 Employees 21 Risk overview Strategic priorities 26 Grow the business and dividends 26 Implement Global Standards 28 Streamline processes and procedures Outcomes 28 Financial performance 34 Remuneration 36 Sustainability Directors 40 Directors Supplementary information 42 Status of the Strategic Report 2014 42 Copies of the Annual Report and Accounts 2014 42 Shareholder enquiries and communications 43 Report
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Introduction Marks & Spencer Plc (from now on M&S) is an international retailer with 718 locations across 34 countries. The group sells clothing, footwear, gifts, home furnishings and foods under the St. Michael trademark in its chain of 294 stores in the United Kingdom. Approximately half of the group's overseas stores are franchised to local partners. The group also owns the clothing retailer Brooks Brothers and the Kings Super Markets chain in the United States of America. Direct mail helps
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facets of globalization that have been among its key drivers, namely, trade, finance, communications and transport. Trade M The world has never experienced globalization at this level of intensity before The protectionism which emerged in international trade after the Second World War gave way to gradual liberalization, comprising both unilateral liberalization and rules-based multilateral liberalization spearheaded by GATT. The
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Problems As per our discussion about this case study, we managed to find out several root cause of the problems. 2.1 Rising of Oil Price The first root cause is the rising in oil price in the year 2005. In the year 2005, there was an international crisis occurred with the exceptional increase in oil prices. The hike started in mid-2004 at US$40 per barrel but eventually, the increase continued to stages of US$50, US$60, US$65, US$70 and US$80 per barrel. The price hike in fuel surcharges
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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
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Head of Finance in the preparation of accounts and financial reports to achieve the required internal and external reporting requirements. The successful candidate will be responsible for areas of payments, reconciliations and general ledger accounting whilst also working on the profit and loss accounts and balance sheet for reporting schedules to the senior management. This role shall also extend to areas of management reporting and financial analysis, whereby reports are generated to assess
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