ECONOMIC VALUE Hong Kong prides itself as an open and international city with a level playing field for all. If we really want to be a world class city like New York‚ London or Toronto‚ we would need to demonstrate our tolerance and be receptive of people coming from diverse backgrounds. Literally we need to put our money where our mouth is‚ not just pay lip service to it but guarantee it by law. Hong Kong is a very multiracial society. We have many kinds of Chinese alone: Hong Kong Chinese‚ Mainland
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Creating Shared Value Michael E. Porter‚ Mark R. Kramer; Harvard Business Review Summary The article “Creating Shared Value“‚ written by Michael E. Porter and Mark R. Kramer and published in the “Harvard Business Review“ in January 2011 deals with the idea of innovating the purpose of a corporation and their relationship to the government and social environment in order to identify unknown customer needs and expand the total pool of economic and social value. In the introduction the authors
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Steward 1 Melissa Steward Research Essay English 367.01 12/8/04 Capturing the Friedmans "Home movies are about innocence--our lost fuzzy‚ glowing personal pasts‚ all horseplay‚ and funny hats and the promise of youth" (Cooper‚ 23). Andrew Jarecki’s remarkable film‚ Capturing the Friedmans captured just what is clearly a case study of extreme family dysfunction through such home videos. At first Andrew Jarecki just wanted to do a nice little documentary
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between companies with high growth and other companies is in how they view the five dimensions of strategy. As indicated in the table of the article‚ value innovators view strategy in an entirely differ way than companies using the conventional strategic logic. Value innovation is defined as "the simultaneous pursuit of radically superior value for buyers and lower costs for companies." To promote value innovation‚ a company must do the following. First‚ identify and articulate the company’s prevailing
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Capturing The Friedmans Andrew Jarecki’s 2003 documentary‚ "Capturing the Friedmans"‚ is the tragic story of an affluent family from Long Island‚ NY.‚ that is falling apart after Arnold and Jesse Friedman are both charged with unspeakable crimes against children. In the opening interview‚ David‚ the eldest of three sons‚ begins to tell the viewer of his fond childhood memories‚ and the film appears to be about the life of a clown. But the theme quickly changes direction only moments later
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Starbucks: the keys to creating value Starbucks is probably one of the biggest names in the coffee business and they have a clear mission. Their mission is to inspire and nurture the human spirit: one person‚ one cup and one neighborhood at a time (Starbucks‚ 2011). Therefore the enterprise value of Starbucks is divided in two main parts. They want to offer the best quality coffee and they want to create a unique customer experience. The value of quality is offered by serving great Starbucks coffee
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Economics of Strategy What are the distinctions among fixed costs‚ sunk costs‚ variable costs and marginal costs? Fixed costs‚ such as SG&A expenses‚ property taxes‚ remain constant as output increases; FC are invariant to output. Variable costs‚ such as labor and sales commissions‚ increases as output increases; VC are variant to output Sunk costs are costs that cannot be avoided; avoidable costs are its opposites; some sunk costs need not be fixed. Marginal costs is the incremental cost
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Chapter 7 Customer-Driven Marketing Strategy: Creating Value for Target Customers 1) When a company identifies the parts of the market it can serve best and most profitably‚ it is practicing ________. A) concentrated marketing B) mass marketing C) market targeting D) segmenting E) differentiation Answer: C Diff: 2 Page Ref: 191 Skill: Concept Objective: 7-1 2) What are the four steps‚ in order‚ to designing a customer-driven marketing strategy? A) market segmentation‚ differentiation
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Capturing the Friedman’s Capturing the Friedman’s is directed by Andrew Jarecki. The film focuses on the 1980’s investigation and conviction of Arnold Friedman and his son Jesse Friedman on charges of child molestation. This film could certainly be put into the category of accidental excellence as Andrew Jarecki was initially interested in creating a documentary on New York City clowns and it was only through his interviews with David Friedman (the most successful of Manhattan clowns)
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Subject Code Subject Title Area Credits 1 COM 625 Accounting Theory Acc & Fin 3 2 COM 600 Managerial Economics Gen. Mgmt 3 3 COM 626 Financial Management Acc & Fin 3 4 COM 601 Quantitative Techniques Gen. Mgmt. 3 5 COM 620 Marketing Management MM 3 6 COM 602 Economic Environment of Business Gen. Mgmt. 3 7 COM 615 Organizational Behavior OLS 3 GM = General Management; Acc. & Fin
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