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Managing money can be challenging when running a business. It’s important to have a budget and plan out how you’re going to spend your money. But it can be eve…

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“I want to discuss my management theme for 2023, which is the year of efficiency." – Mark Zuckerberg, Chief Executive Officer at Meta Platforms Inc. Meta is laying off numerous workers to hedge against economic instability. Meta has embarked on a cost-cutting and efficiency drive, which includes slowing hiring and canceling some projects. Zuckerberg dubbed the initiative "Year of Efficiency." Businesses have a strong incentive to find ways of cutting costs without sacrificing the quality of their products or services. Is 2023 Your Year of Efficiency for your Business in [...]

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At a time when the workforce is shrinking, in a bid to cut costs, human resource management is a challenge for enterprise in Hong Kong. For example, Facebook’s parent company, M…

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The catering and hospitality industry in Hong Kong — which includes restaurants, takeout, vending machines, bars & taverns as well as fast food chai…

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Artificial intelligence (AI) is a broad field of computer science that aims to create machines capable of performing tasks normally done by humans. Artificial intelligence (AI) is a multi-disciplinary field of study with many contributing factors. However, deep learning and machine learning in particular have been making huge strides recently — and the impact on technology industries across sectors has been profound. Technological enhancements, including those that affect artificial intelligence, can have a dramatic impact on other types of technology. Over the years, technological advancements have greatly improved the field [...]

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There are many different kinds of companies that handle the import and export business in Hong Kong. Some of these companies are very large, some are small and some are even one-person operations. But no matter what kind of company you are, you will need some type of ERP software to help manage your business. With the increased use of information technology, many companies involved in importing and exporting are finding that intelligent systems work more efficiently than conventional ones. In fact, most companies that handle the import and export [...]

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GPT-4 is a groundbreaking technology which is a powerful and impressive AI model that has ever been built. GPT-4 is better at solving certain technical cha…

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In the manufacturing sector, different companies have varying business models and management focuses. Material receipt, just-in-time (JIT) production, shop flo…

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Different Hong Kong manufacturing enterprises have adopted various sales strategies and operation methods. Hong Kong enterprises that are able to integrate …

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The failure of Silvergate Capital Corp (SI), Silicon Valley Bank (SVB) and Signature Bank (SBNY), coupled with the financial crisis, brings to light the discussion of systemic risk and systematic risk. Many experts have commented on whether the crisis will pose a systemic or systematic risk to the economy. While systemic risk and systematic risk may seem similar, they carry different implications in the financial world. Systemic risk is the risk that a large-scale collapse could be triggered by events at the company or industry level. Systematic risk affects the [...]

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Running a business can be challenging, especially when it comes to managing money. For example, HSBC UK Bank acquired Silicon Valley Bank UK (SVB UK) for 1 Bri…

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Different Hong Kong manufacturing enterprises have adopted various sales strategies and operation methods. Hong Kong enterprises that are able to integrate …

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There are many different types of manufacturing companies on the market in Hong Kong. With the widespread use of information technology, manufacturing compan…

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Many Hong Kong academic institutions now have libraries to support the curriculum, encourage students and faculty to research new things that go beyond their…

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Hong Kong enterprises in production industry at different development stages encounter various management problems and that can be solved by the use of digital…

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