Swire Pacific Case Study Example | Topics and Well Written Essays - 1000 words

Swire Pacific - Case Study Example Through its development it has nearly 4000 permanently employed staff and over 9000 cockpit and cabin crew, which enables the company offer unrivalled services, with this numbers its one of the highest employer in Honk Kong's economy. Cathy pacific services limited won the bid in the first quarter of 2008 to set up a new cargo handling facility at the Hong Kong International Airport in the which would be built at a cost of HK$4.8 billion, with this it would be able to handle the largest air cargo in world within the year 2011 upon its completion (Steger, 2003). The airline has partnered with other major global airlines in the oneworld global alliance, which serves in 150 countries with more than 700 destinations. It also has interest in airline catering services with one of the largest flight kitchens in the world, with wholly owned subsidiaries servicing other international carriers across Hong Kong. With Swire owning 40% of Cathy Pacific Airways it has interest in aviation engineering through Hong Kong Engineering Company Limited after a merger was sealed between the companies. Being listed on the Hong Kong stock market, it has 4,600 employees in Hong Kong. It is the largest maintenance service provider in Hong Kong International Airport and in Asia's aeronautical maintenance industry. With the construction of the third and fourth maintenance hangar it provides Hong Kong extra employment and income generating opportunities. With 2000 employees in its ground services company in Hong Kong, as well as its Vogue Laundry Unit serving over 20 airlines, it has an edge over Hong Kong's economic prospects on its hospitality industry than any other aviation company around (Murray, 2006). Beverages With Swire Pacific being an anchor bottler with coca-cola, it is the main distributor and product developer for coca-cola brands in Hong Kong and mainland China, under the brand name Swire coca-cola Hong Kong Limited where Pacific owns 87.5% in shareholding. This clearly makes Swire Pacific the highest employer in Hong Kong beverage industry through its high operations base and more than 15 distribution and sales centers to serve a market base of more than 47million in Hong Kong and 400nillion around the globe. Apart from the coca-cola products it also produces mineral water and ready to drink milk tea either with Nescaf'e or Nestl ingredients (Steger, 2003). Hospitality Swire also has interests in the hospitality industry through the completion of its boutique hotels in Hong Kong by its wholly owned subsidiary Swire Hotels, which would be luxurious hotels offering lifestyle to travellers in search of personalized and individual services. This would make Hong Kong one of the major tourist and business travel destinations in the larger Asia. With promotion of the tourism industry it would earn Hong Kong the much needed foreign cash flow and high employment opportunities in its economy (Bastardas-Boada, 2002). Economic Assessment of Asia-Pacific Tourism sector in this

Causal Argument Essay Example | Topics and Well Written Essays - 750 words - 1

Causal Argument - Essay Example Components such as their behaviour, choices, and thinking, influence us. Therefore, individuals feel obligated to follow these components. This in turn causes peer pressure. Peer pressure is beneficial to a certain degree, but it negative impact is more obvious. The part of society which is most susceptible to the impact of peer pressure is that of teenagers (Treynor 108). This paper will look at both the negative and positive effects of peer pressure on individuals. Negative Effects When an individual is not fond of a specific notion or when they do not have a liking toward a specified idea, it is apparent that they will not like to adopt it. Nevertheless, this is their peer group, which may oblige them in engaging in activities they dislike. It is apparent that an individual will not be contended engaging in what you do. Moreover, an individual will not be successful in the activity. Giving way to peer pressure in making significant decisions in your life can make you be sad. For i nstance, choosing a sport or taking up a field only because your colleagues do so, without regard to what your interests are, can only make a person discontented. Bad habits are also developed due to peer pressure. Peer pressure compels an individual to engage in activities that he is not comfortable in. This can make a person embrace a specific form of lifestyle, even if the individual doe not really want to (Spear and Kulbok 84). For example, a teenager may not enjoy consuming alcohol or going to parties on a daily basis, but due to the power of peer pressure, a teenager may transform to a complete party being. Similarly, the teenager may be turned from an individual who does not consume alcohol to a complete drunkard. There is a large number of teenagers who abuse drugs against their desire, largely because their peers compel them to abuse drugs. In numerous occasions, peer pressure has been the cause in generating drug addicts. It may be asserted that at this delicate period, te enagers are not aware that they are damaging their lives by conforming to peer pressure activities. Individuals also experience a loss of identity due to peer pressure. Tremendous peer pressure may make an individual do what his peers deem suitable. This is evident when a person follows his peers without question, adopts their music, taste of fashion, mode of dressing, and way of life as a whole. A person is compelled to do and like what is regarded as others’ preferences. This makes a person lose his conduct and originality of thought. Positive Effects Peer pressure enables individuals to adopt decent habits. Peer pressure gives an individual the opportunity to reflect on himself. Peers may be a source of upright teachings and encourage an individual to follow these upright teachings. This gives people the opportunity to transform their lives for better. Observing the way others perform their activities may assist an individual bring a constructive change in the way they per ceive events. If a person has the capacity to pick discerningly, peer pressure can push the person towards something incredible. For instance, if a student is aware that a number of his colleagues have formed a study group, he will also be enticed to join the study group (Spear and Kulbok 89). It also enables exposure to the universe. The way of life and choices of peers gives a person insight into events surrounding the world. How peers respond in different situations, perceive situations, and think about life events may actually expose an