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SMEs (small and medium-sized enterprises) tend to seek short-term survival strategies in an economic downturn. However, such strategies are not good enough to support a business in the long term.
A select group of 107 form seven students recently had their very first taste of university life thanks to the Business Leadership Camp organized by the Faculty of Business. The camp was held 27 and 28 June, one week before the release of Hong Kong's Advanced Level Examination results. The participants were impressed by the academic excellence of the Faculty and of CityU. Many expressed an interest in joining the Faculty in September.
Hong Kong people are more likely to work overtime without complaint than people in Shanghai and Taipei, but they derive less sense of pride from their work, a recent CityU survey showed. The researchers warn that the lack of appreciation Hong Kong people receive for their work might impair their competitiveness in the long term, though they a enjoy competitive edge in the short term, thanks to their willingness to work long hours.