Introduction
The article describes the background that the Tasmania whisky production constantly increases and demand of the barrels increases sharply as well. Chet, the CEO of New Heaven Import Export Co., plans to form a joint venture, New Heaven Liquor Co., with Hong Kong liquor distributor. The new firm will locate in Hong Kong and employ local people. This report addressed opportunities and threats of the joint ventures through analysing the political-regulatory, social-cultural and technological environment, and provide recommendations to help Chet make decision on whether the venture should be undertaken.
1. Political-regulatory environment
Hong Kong became the special administration region of China since 1997. The principle of
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Secondly, Hong Kong offered an open and friendly investment policy. It played a role of market regulator with less government intervention rather than market participant with more intervention. For example, Hong Kong did not impose regulation on working hours and terms of contracts, and it only regulated the statutory minimum wages per hours for labours (Hong Kong business forecast report 2015).Thus, the labour costs in Hong Kong are flexible and company has more rights on contract when hire employees. Moreover, government allowed foreign investors to legally acquire the ownership of property in most industrial sectors except for broadcasting industry (Country profile 2015) and to freely select investment area without restriction. Furthermore, government optimized the procedures of business registration, and it helped investors save time from application process. Besides, there is no different treatment between local investors and foreign investors. Government set the same business regulation to the same industry. Thus, foreign investors have equal chance to compete with local investors.
In addition, Hong Kong had ‘simple and low tax regime’. Company only need to pay the tax amount based on their revenue earned in Hong Kong, and they did not need to pay ‘sales tax, capital gain tax and withholding tax on dividends’ (InvestHK 2016). These tax exemptions would obviously reduce tax expense of the company. Meanwhile,
Regulating a variety of aspects of business and society is an old and often controversial aspect of government, particularly at the national level. Much of what the national government does, or fails to do, has an impact on individual citizens, private corporations and other business enterprises, agricultural producers and marketers, foreign governments, labor unions, and state and local governments.
This essential is to ensure knowledge of how healthcare policies, including financial and regulatory, directly and indirectly influence the nature and functioning of the healthcare system and thereby are important considerations for nursing practice. A baccalaureate-prepared nurse must have an understanding of how healthcare services are organized, financed, and regulated. New novice has to be able to understand how healthcare protocols affect the delivery of services to the population. In addition, the baccalaureate-educated graduate must comprehend how healthcare policy is developed and how nursing practice influences policy. This knowledge in regards the healthcare system and how it works is really important because nurses are the ones that advocate for consumers as well as the nursing profession. The purpose of this essential is to examine the foundations of healthcare policy, the financial structure of healthcare systems, and the regulatory environments that have impact on nursing practice and client care. A baccalaureate program discusses the health care access, equality, affordability, and what healthcare polices exist out there for
Periodically assess the risk of criminal conduct and implement the appropriate steps to design or modify the requirements set forth in the Federal Sentencing Guidelines subsection B2 that refers to the seven elements of an effective ethics compliance program which are:
policies. Over the years, Hong Kong has been considered the “door to China”, meaning that
The United States has slowly conformed to the new ways of the Western policy of democratic socialism in order to achieve equality in the eyes of the law, but with this the necessary regulatory compliance of all citizens must be provided. If all American citizens do agree to abide by the rules implemented by the United States, the freedom that they came here for would be nonexistent, and they would no longer have the ability to truly live the infamous ‘American dream’. The economy is also beginning to move away from the capitalist ways and move toward an ideology of equality among the wealth and incomes of the people, and the only apparent way to achieve
Innovations in technology are altering the ability of the government to create a regulatory regime that targets individuals. Technology has outstripped the governments capacity to regulate things. It is too hard for the government to regulate things on the internet. Policymakers are pre-technology; the technology is alien to them. Initial run of porn had to do with mail, technology created the mail system, and mad it obsolete. People access porn through the internet. Courts realize they can not regulate very well but it is a small interest in comparison, child porn. Courts slowly retrenches from regulating speech that has to do with sex. Every time they have a chance to regulate they back up. Obscenity does not equal pornography anymore because the government has so much more regulation to focus on. Court realizes its ability to regulate speech is impossible.
The government has always played a very strong role in the laws of the United States and in the lives of people who live in this country. At times in history, the government has been too strict on its people other times.These leaders have, however, failed to achieve a successful medium between these two treatments. The situation is similar to this one when dealing with most everything that the government has any type of control over. Although there are opposing sides which either argue for strict government regulation of the diets of its people or no government regulation at all, a middle ground should be explored and examined by the government itself regarding this topic. Nutrition in America is a very touchy and sensitive subject to talk
Institutions that seek grant money through the ACA to fund nurse residency programs will discover many restrictions placed upon the funding. The Commission on Collegiate Nursing Education (CCNE), an autonomous accrediting agency assesses educational programs ("CCNE," 2015). CCNE only supports and accredits baccalaureate and post graduate nursing programs, which excludes associate degree nursing programs (Commission, 2015). Through new ACA laws, the Department of Health and Human Services (HHS) disseminates grant money to those CCNE accredited programs. The guidelines to receive the grant funding states that the recipient must be a new baccalaureate graduate or post graduate nurse. Considering that there are many associate degree nursing
The way a society functions is strictly based on the type of culture in which they reside in. A individuals, habits, actions and personality are all shaped, by the infrastructure, rules, and regulations that they have to abide by while residing in society. It is not to say that these policies are a negative notion, but they do certainly shape your lifestyle, and your choices in many ways. By taking a look at regulation it is important to note that, our government has a huge role in the lives of its citizens it resides over. The United States Federal government has its exercise of sovereignty, in other-words, it has legal and accepted authority to regulate people’s living within a certain geographic area that it has jurisdiction
The Insurance industry is very heavily state regulated. According to the Government Accountability Office (GAO) study, the state run regulatory system is Federal verses State Regulation protecting the markets, insurance industry and policy holders and was evidenced during the financial crisis of 2008-09. The insurance business is highly profitable. “Well-run companies can make a lot of money, which breeds competition” from both “inside and outside competitors” (Property, 2013). Insurance companies were well “insulated” from the “severe” financial crisis of 2007-2008 that affected the banks and security firms, because the State regulations have the Insurance Industry “walled off” from Federal Regulations (Property, 2013). During the “Great Depression of the 1930s” “Insurance policy holders were protected by the states’ prudent supervision and regulation” (Property, 2013).
Foreign investors were allowed to do the same. They built factories and used cheap Chinese labors to produce goods for export. Deng had set up a successfully solution that lowered the rate of unemployment Chinese and to improve the industrial market. These new factories and workshops not only provided a lot of jobs for unemployed Chinese, but also to have modern machines that was brought in by the foreign investors and Chinese workers had opportunities to be trained to use it (Moise, 217).
The government of china is very keen to encourage foreign investors, because foreign companies are regarded as relatively good corporate
There are various government structures in organizations although they are different from one branch of the government to the other. The structures help the government manage its economy efficiently. In the economy a too big to fail firm (TBTF) exists and it is defined as one that its complexity, size, critical functions, and interconnections are in the sense that in case the firm goes into liquidation unexpectedly, the rest of the economy and financial system will face severe consequences. The government provides support to TBTF companies not because they favor them but because they recognize implications for an advanced economy of allowing a disorderly failure outweighs the cost of avoiding the failure. Helping the TBTF firms enable the economy to realize high revenue. Various activities are to prevent their failure. They include providing credit, facilitating a merger, or injecting the capital of the government. The paper addresses the structures of the administration and the concept of too big to fail in financial and non-financial institutions plus the ethics involved with the theory.
In recent years, the investment scales of foreign business are increasing stably. In 2001, the foreign direct investment was 46.8 billion dollars. In 2005, it has arrived at 85.5 billion dollars. At the same time, the form and field has changed diversification. With the China economy high speed developing and enlarging the industry field, the foreign investment will related to communication equipment, computer, bank service, insurance service, etc. so it will also increase for a long time.
Hong Kong is one of the world’s leading financial centers and it is an efficiency service-oriented free market economy. Hong Kong’s economic freedom score is 90.1 on a 100-point scale, making it the top-rated economy in the Index for the 20th consecutive year (Heritage.org, 2014). Hong Kong’s economy is normally characterized by its low taxation, light regulation and well established international trading environment.