The Management of 21st Century: Hong Kong Essay -- essays research pap

Hong Kong is the most suitable place for business. It is characterized by its high degree of internationalization, business friendly surround, rule of law, bump trade and free flow of information, open and fair competition. Therefore, the business management is a very important part in the business. The management of Hong Kong includes the external environment and the internal environment.The external environment includes the economic environment, press marketand social environment.In the economic environment, Hong Kong has faced the Asian financial turmoil in 1997. solely now, the overall economic condition progressively improved. Later, China will be a member of the World Trade Organization (WTO). Hong Kong willgain a lot of business opportunity in different trades, such as banking, insurance,telecommunication. Those businesses need the new management for their future. For example, they must plan the new organizations goals, or they estimate the demand of human resources in the future. However, this phenomenon will disappear very soon when China would be a member of WTO after ii years. It is because Hong Kong may not be the intermediate between China and the world since China will open their market for the world. Therefore, the Hong Kong companies may plan how to reduce the labour supply within an organization at that time.In the labour market, manpower is Hong Kongs most treasured asset. Because of much labour supply, it does no...