2012 year end statistics sri lanka had 20.3 million mobile phone subscription. This is a massive figure when it is compared to the 20.8 million total population of sri lanka. This suggests that majority of the current population own atleast one mobile phone while another significant sector may own more than one connection. This value combined with the fixed lines that most homes in the urban areas and almost all business enterprises possess‚ it can be safely said that sri lanka is coming to a stage
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It is a well-known fact that Sri Lankans life style has been drastically changed recently. Health department’s researches corroborate the above. As result of the change of life style people have unknowingly neglected the value of balance‚ nutritious diet and they have forgotten the importance of the schedule of daily exercises that enables to keep a healthy body. I do say‚ people both rich and poor are unaware of the values of three main meals. Particularly‚ rich people tend to consume instant foods
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1. Introduction of tea industry : * Historical Background: Tea was introduced to Sri Lanka after coffee was destroyed by Coffee Leaf Rust in the 19th century. James Taylor‚ a Scottish planter‚ established the first commercial tea plantation in 1867 at Loolkandura Estate in Kandy District of Sri Lanka. The great success of tea planting attracted English planters and more plantations were established‚ replacing existed coffee fields. Subsequently‚ as the coffee area was not big enough to
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Should Singapore pursue free-trade agreements? 1000 words The world is on our supermarket shelves - this is illustrative of the extent of trade Singapore engages in. As a small‚ open and export-oriented economy‚ the hinterland relies heavily on international exchange of trade to drive her economy. Singapore could be said to abide by a neoliberalist model that advocates the market’s independence from state’s intervention‚ and pursues the minimisation of trade. Within this objective lies two approaches
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Zhu RongJi brought up the idea to establish a China-ASEAN free trade area in 2001. Now that the original idea is being turned into reality with the signing of Framework Agreement on Comprehensive Economic Co-Operation‚ ATIG 2004‚ATIS 2007 and ADSM. And the Parties are making great efforts to the negotiation of investment agreement to ensure the establishment of the China-ASEAN free trade area in 2010. The CAFTA will be the first free trade area that China establishes with a foreign market. The largest
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a) What systems should Brian implement in order to start changing the human capital practices in the Beachside Hotel? * In order to start changing the Human Capital practices at Beachside Hotel‚ there needs to be a serious shift in the culture there. Since Brian did not have any human resource background‚ he does not get involved in hiring‚ training and ensuring that these functions are used to build a stronger service culture. That is why Mary the human resource practitioner was put into place
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North American Free Trade Agreement (NAFTA) I. Brief overview of NAFTA (mainly for in-class presentation) a. NAFTA Introduction b. Original Expectations II. NAFTA over the last 12 years a. Impact on the U.S. economy i. Jobs (Employment Growth) ii. Labor iii. Income iv. Imports vs. Exports (Trade Deficit) 1. Agriculture v. Economic growth b. Impact on Canadian economy c. Impact on Mexican economy d. Global Impact i. International Business ii. FDI (Foreign Direct Investment)
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Introduction Overview of Garment industry in Sri Lanka Garment industry has an important place in Sri Lanka’s economy. It has become Sri Lanka’s largest export industry since 1986. It is also the country’s largest net foreign exchange earner since 1992. The garment industry in Sri Lanka expanded rapidly after the liberalization of the economy in 1977. During the 1990s‚ the garment industry grew at 18.5 per cent per annum. The export-led expansion of the industry led to the replacement of tea by
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The North American Free Trade Agreement is an agreement which created a trade block between the three largest countries in North America; Canada‚ United States and Mexico. On January 1‚ 1994 the agreement entered into force.1 This agreement sets the regulations for international trade and investment between the three NAFTA member countries. NAFTA’s purpose was to promote trade on many goods that originated and are traded between its members‚ by eradicating trade barriers over a period of 15 years
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contract may be defined as a legally binding agreement or‚ in the words of Sir Frederick Pollock: "A promise or set of promises which the law will enforce". The agreement will create rights and obligations that may be enforced in the courts. The normal method of enforcement is an action for damages for breach of contract‚ though in some cases the court may order performance by the party in default. A valid contract requires: 1. an agreement; 2. an intention to create legal relations;
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