Walt Disneys Career Essay - 1507 Words

Walt Disney’s Career Imagine the world without Walt Disney, imagine never knowing who Mickey or Minnie Mouse were. Think about not ever laughing at a film created by Disney, not even 1 of the 635 ever produced. Walt has brought laughter into family rooms of millions and has continued that for almost 90 years. He was a legend. Walt Disney grew up drawing for friends and newspapers and ended up becoming one of the greatest entertainers and film producers. Walt Disney was born on December 5th, 1901 in Chicago Illinois. Soon the family moved to Marcelline, Missouri in 1906 to a small farm. Walt first started showing interest in drawing here. Walt often drew pictures of their neighbors horse Rupert. Rupert was the the first drawing Walter†¦show more content†¦They acquired a secondhand movie camera which the two used to make short 1-2 minute advertisements which were sold to local movie theatre’s. Their first cartoons were called Laugh-O-Grams, a series of short fai ry tales animations mixed with live action acting. The series was a success until a New York producer cheated Disney, which caused the two to file for bankruptcy in 1923. Walt soon moved to California and partnered with his brother Roy to join him in producing cartoons. Walt managed the creative parts of the business while Roy managed the financial end. They set up shop in their Uncle’s garage and got to work. Walt convinced Ub Iwerks to join him in the business by being one of his animators. Soon the trio got working, they borrowed a small amount of cash and began to think. Disney and Iwerks came up with a small rabbit named Oswald. Oswald The Rabbit was licensed to Universal Studio’s at $1500 episode. This helped launch their small business. The series was going great until Disney asked for a raise due to a costly budget, to his surprise Universal Studio’s wanted to cut his pay by 20%. Disney declined the offer and quit drawing Oswald in the spring of 1928. Th e series went on anyway. Later that year Walt and Iwerks experimented with an energetic new character, a small mouse originally named Mortimer Mouse. With the constant complaints from his wife Walt changed Mortimer to Mickey, and the legend wasShow MoreRelatedInspiring Many : The True Story Of Walt Disney1352 Words   |  6 PagesStory of Walt Disney â€Å"Walt Disney was a dreamer, just a kid who never grew up,† (University Meghan’s Channel†). He took his dreams and made them real in his motion pictures, sharing them with kids and adults around the world. Walt would become the greatest and most powerful innovator in film. His filmmaking and entrepreneurial skills would make him a lasting figure. Born in Chicago December 5, 1901 (Langer), Walt had an incredible dream fulfilling life ahead of him. His parents were Elias Disney and FloraRead MoreWalt Disney Made A Massive Connection With Those Of All Ages1000 Words   |  4 PagesWalter (Walt) Disney made a massive connection with those of all ages. Mr. Disney began his career at a young age, and from there, it soared. Being an artist, he was able to draw characters and let them come to life. Walter influenced many people throughout his life leaving a mark on the world. He accomplished so much within his life. With the cartoons he made, awards he won, and the creation of the theme parks, Disney changed the minds of several to live younger and with a smile. The Disney name isRead MoreWalter Elias Disney, known by many as â€Å"the man behind the mouse†, was one of the most known people1500 Words   |  6 PagesWalter Elias Disney, known by many as â€Å"the man behind the mouse†, was one of the most known people of the 20th century. He was both the dreamer and the do-er who brought his imagination to life through his determination and hard work. Walt Disney became the next Leonardo DaVinci – a significant, genuine artist that impacted society at heart. Disney was full of creativity and lived to share it with the world through his works of art. Although he is not alive today, he continues to impact our livesRead MoreWalt Disney Essay774 Words   |  4 PagesWalt Disney Walt Disney was born on December 5, 1901 in Chicago Illinois, to his father Elias Disney, and mother Flora Call Disney. Walt was one of five children, four boys and a girl. After Walts birth, the Disney family moved to Marceline Missouri, Walt lived most of his childhood here. Walt had very early interests in art, he would often sell drawings to neighbours to make extra money. He pursued his art career, byRead MoreWalt Disney the Pioneer in Entertainment Film Essay850 Words   |  4 PagesWalt Disney the Pioneer in Entertainment Film During a 43-year Hollywood career, which spanned the development of the motion picture medium as a modern American art, Walter Elias Disney was a pioneer and innovator, and the possessor of one of the most fertile imaginations the world has ever known. His creations set forth a foundation in the realm of animated entertainment through the use of modern applications and ingenious techniques. As an ambitious animator, Walt Disney began his careerRead MoreHow Disney Parks Become The Popular Amusement Park It Is Today? Essay1146 Words   |  5 PagesDisneyland How did Disney theme parks become the popular amusement park it is today? Walt Disney was born on December 5, 1901 in Chicago, Illinois. He was a hardworking man with a dream to create what would later become to be the greatest empire in the world. Throughout his life he took classes in fine arts while pouring every ounce of creativity he had into his work. He created Mickey Mouse, which led to TV appearances, many awards, and five remarkable theme parks. Growing up, Walt had become veryRead MoreWalt Disney : A Pioneer Of Cartoon Films And As The Founder Of The Disney Company957 Words   |  4 Pagesimagination ¨ (Disney, 2014). Walter Elias  ¨Walt ¨ Disney is famous as a pioneer of cartoon films and as the founder of The Walt Disney Company. He was an American motion-picture producer, television producer, and a showman. Disney came from humble beginnings but ended up transforming the entertainment industry. Walt Disney had a challenging childhood, grew up and chose a career that would liven up his life, achieved many accomplishments, and left a legacy for years to come. Childhood Walt Disney was bornRead MoreWalter Disney Elias1058 Words   |  4 PagesWalter Disney Elias was born on December 5, 1901 in Chicago, Illinois to Elias Disney (father) and Flora Call Disney (mother). Walt was named after his dad Elias. Walt was one of 5 kids in his household: one girl and four boys. Walt lived most of his life in Marceline, Missouri, on a farm. Walt Disney first discovered his interest in drawing when he was seven-years old. Though he sometimes didn’t have paper to draw on, he used napkins or drew on what he could find. Walt made money when he was onlyRead MoreWalt Disney : King Of Animation1619 Words   |  7 PagesWalt Disney: King of Animation â€Å"If you can dream it, you can do it† and that is exactly what Walt Disney did (beginnings).These words meant that Walt Disney visioned the world in ways many did not. He created and founded many well known landmarks, movies, and animations. Walt Disney’s creative talents as an artist led him to invent sound animation and later become an entrepreneur of the first wide-scaled theme park. Walt Disney, born in Chicago, Illinois, on December 5, 1901, was the child of EliasRead MoreMr. Walter Elias Disney was an Innovator and a Pioneer, An Outline650 Words   |  3 Pagesyear Hollywood career, Walter Elias Disney was an innovator and pioneer. His creations brought a foundation of animated entertainment, and the use of his imagination to create new and great ideas. Walt Disney had many unique and creative ideas, none of which where to impossible to make into reality. I) Disney’s life A. Walt Disney was born on December 5 1901 in Chicago Illinois. B. After waltz birth, the Disney family moved to Missouri Where Walt lived out his childhood. C. Walt had an interest

Nike, Inc. Business Strategy Analysis - 3636 Words

DUTA WACANA CHRISTIAN UNIVERSITY | NIKE, Inc. Business Strategy Analysis | Issues in Strategic Information Management | BIS301 | Elia Sagita Wijaya E1000235 | Table of Contents I. Executive Summary 2 II. Background and Assumptions 2 III. Mission Statement, Goals and Objectives 2 IV. Remote Environment 3 A. Economic Factors 3 B. Social Factors 3 C. Political and Legal Factors 4 V. Porter’s Five Forces 4 A. Bargaining Power of Suppliers 4 B. Bargaining Power of Customers 4 C. Threat of Substitute Products 5 D. Threat of New Entrants 5 E. Rivalry within Industry (High) 6 VI. SWOT Analysis 6 A. Strengths 6 B. Weaknesses 8 C. Opportunities 9 D. Threats 10 VII. Alternate†¦show more content†¦g. Unleash innovations. h. Revolutionize products. i. Transform manufacturing. To summarize it all, Nike’s mission from this point forward is to improve their revenue while also being an environmental friendly company. In short, it is to increase their profit while maintaining a good-for-environmental waste and resource management. Remote Environment Economic Factors 1. EU is changing into one currency. 2. USA economic growth is growing slowly after the incident of WTC and even worse after the economic troubles which resulted in the incident of Lehman Brothers bankruptcy. 3. Many athletic shoes company chooses contract manufacturing. Social Factors 1. Since 70-s, customer is more brand-minded. 2. Sport Consumer preferences are changing into more fashion-oriented. 3. Young consumers believe much in advertising promotion and use internet as the primary sources of information. 4. Buying motives of young consumer is dominated for leisure activity. 5. Since 90-s, woman’s consumer dominated the athletic shoe market because of the changing lifestyle. Political and Legal Factors 1. World is entering global trade climate with NAFTA and GATT. 2. There exist an anti-dumping regulation existed in EU. 3. Different taxes policy between countries. Porter’s Five Forces Bargaining Power of Suppliers Suppliers in the sportswear industry are those who fulfill the company’s resources need.Show MoreRelatedNike, Mission, Vision, Values, Principles Essay704 Words   |  3 PagesRunning head: NIKE, Inc. Mission, Vision, Principles 1 NIKE, Inc. Mission, Vision, Principles Ameirah Aldahmani MSM631 – Strategic Management and Financial Reports Analysis Regis University Saturday, September 04, 2010 Abstract This paper is a qualitative and quantitative analysis of NIKE, Inc., done as six separate sections. The six sections of the project are external environment analysis, S.W.O.T analysis, executive interview, strategic and tactical plans and controls, structure,Read MoreThe Case Of Nike : Review Analysis1334 Words   |  6 Pages Case of Nike: Review Analysis 3 Over the decades, globalization, where economic integration across border allow businesses to expand beyond their domestic boundaries. (Malamud, V. Rotenberg, Y. (2010)); has become a phenomenon that is seen across the globe. Businesses large and both small are able to compete, produce, and sell their products without limits to either demographic or geographic factors. This allows company s to enlarge their base, their workforce, their consumers, and thereforeRead MoreCompetitive Analysis Of Nike Vs. Nike1497 Words   |  6 PagesCompetitive Analysis The chief competitors to Nike are Adidas, Reebok, Under Armor and Puma and the minor competitors are ASICS and VANS. In accordance with Porter’s 5 Forces, Nike has faced competition by using different and distinct capabilities in marketing. One attribute to such capability is its value or benefit offered to its customers. The intensity of competition from its competitors is high for each firm competes in various key areas of business. For example, Adidas has loyal customers whoRead MoreNike And Challenges Of Nike Inc. Essay1349 Words   |  6 PagesSummary Nike was founded in 1972 by Philip Knight and Bill Bowerman. The focus of this report would be an analysis of how Nike’s manages and delivers its service to its customers. It also looks into Nike’s emphasis on its product quality and innovative design to meet the ever changing consumer preferences. By looking at its current strategies that Nike adopt and its appropriateness, this report will provide you a better understanding on how consumer see Nike and challenges that Nike Inc. faces.Read MoreCompany Case Study and Industry Analysis Nike Company1398 Words   |  6 Pages100 manufacturers. And Nike is the bellwether of Footwear Industry today. However, due to fashion-related and seasonal fluctuations, the demand of shoes is rapidly changing. The highly unstable demand controls the footwear market. Customers want more diversity in footwear, so the strategy of the companies must cater to customers demand. Therefore, the purpose of this study is to show you Nike’s current situation, and its market position. Background of Nike Nike is the world s leadingRead MoreCapital Structure1215 Words   |  5 PagesInformation My company choice is Nike Inc. (Nike), a multinational sports footwear, equipment and apparel manufacturing company based in Oregon, United States. This puts Nike in the apparel industry. In 2010, Forbes rated Nike as the top sports business with a total value of $10.7 billion. The most effective marketing strategy Nike employ is the sponsorship agreements they have with numerous top athletes in a variety of sports. Operating Risks of Nike When Nike was initially started out, theRead MoreEnvironmental Scan Paper1535 Words   |  7 Pagesaccurate assessment of the internal and external variables of a company, the business managers would have to use a SWOT analysis to develop awareness to different of the company. For example, the company could want to measure consumer behavorior, competitor behavior, and current trends in their marketplace. Environmental Scan and SWOT Analysis The information discovered from conducting an environmental scan and SWOT Analysis is vital to an organization’s success as it will help businesses gain an accurateRead MoreSwot Analysis Of Nike s Marketing Strategy1543 Words   |  7 Pagescorporate level strategy. It not only helps companies to spread their risks but also capitalizes their strengths. One of the epitomes of applying diversification strategy and being successful in diversification is Nike, Inc. This paper discusses Nike’s diversification strategies and how the company succeeds in using it. Along with corporate level strategy, this paper also touches upon the international strategy that Nike uses. Key Tie-Ins †¢ Diversification strategy †¢ International strategy Nike DiversificationRead MoreBusiness- How Key Elements of Marketting Achieve Success1105 Words   |  5 Pagesthe success of any business. The elements of marketing incorporate: situational analysis, market objectives, the target market and marketing strategies. Most marketing plans begin with an executive summary, providing a brief summary of the current issues affecting a business. It is crucial in identifying key features of a marketing plan. Following the executive summary a business finds out its current position in the market using a situational analysis. A situational analysis is an exceptional wayRead MoreHistory Of Nike Inc. ( Nke )1709 Words   |  7 PagesHistorical Background Nike Inc. (NKE) is a $32.3 billion multi-national enterprise headquartered in Beaverton, OR. Nike was originally founded as Blue Ribbon Sports in 1962, and in 1967, the company rebranded as Nike. Positioned as the worldwide leading brand in the sports apparel industry, Nike’s primary business activity is â€Å"the design, development and worldwide marketing and selling of athletic footwear, apparel, equipment, accessories and services† (Nike Inc., 2016). Products and Services

Life in Different Parts of the World Essay Example For Students

Life in Different Parts of the World Essay More than 200,000 North Koreans, including children, are imprisoned in camps where many perish from forced labor, inadequate food, and abuse by guards. Arbitrary arrest, lack of due process, and torture are pervasive problems. There is no independent media, functioning civil society, or religious freedom. Government policies have continually subjected North Koreans to food shortages and famine. In America, we have many rights, including: Labor laws, Freedom of Press, Freedom of Speech, and the Freedom of Religion. To have all of these rights just because we are human is amazing. Democracy is a form of government in which all eligible citizens participate equally?either directly or indirectly through elected representatives?in the proposal, development, and creation of laws. It encompasses social, religious, cultural, ethnic and racial equality, justice, liberty and fraternity. Some countries are ruled by Dictators who only listens to himself. The citizens who live under a Dictatorship have no say in any tooth rules that they have to follow. I believe living in America is a privilege. Think this because we are fortunate to live in a place where we have rights. Countries like Iran and Cuba have limited rights, In Iran, a women could be sentenced to death for being the victim of rape. Yes, the woman who was raped is the one thats punished. Thats not fair In North Korea, citizens have next to no rights Kim Gong-II has had no positive impact on the countrys dire human rights record. More than 200,000 North Koreans, including children, are imprisoned in camps where many perish from forced labor, inadequate food, and abuse by guards. Arbitrary arrest, lack Of due process, and torture are pervasive problems. There is no independent media, functioning civil society, or religious freedom. Government policies have continually subjected North Koreans to food shortages and famine. In America, we have many rights, including: Labor laws, Freedom of Press, Freedom of Speech, and the Freedom of Religion. To have all of these rights just because we are human is amazing. Democracy is a form of government in which all eligible citizens participate equally?either directly or indirectly through they have to follows. Believe living in America is a privilege, think this because we are turbinate to live in a place where we have rights. Countries like Iran and Thats not fain In North Korea, citizens have next to no rights Kim Gong-Il has Freedom Of Speech, and the Freedom Of Religion. TO have all Of these rights The citizens who live under a Dictatorship have no say in any of the rules that they have to follow. Live living in America is a privilege, think this because Thats not fair, In North Korea, citizens have next to no rights, Kim Gong-Il has arrest, lack of due process, and torture are pervasive problem* There is no In America, eve have many rights, including: Labor laws, Freedom of Press, Which all eligible citizens participate equally?either directly or indirectly through That not fair, In North Korea, citizens have next to no rights, Kim Gong-Il ha s had o positive impact on the countrys dire human rights record. More than 200,000 North Koreans, including children, are imprisoned in camps where many perish from forced labor, inadequate food, and abuse by guards. Arbitrary arrest, lack of due process, and torture are pervasive problems. There is no independent continually subjected North Koreans to food shortages and famine In America, Speech, and the Freedom of Religion, To have all of these rights just because The citizens Who live under a Dictatorship have no say in any Of the rules that they have to follow. Believe living in America sis privilege. Hind this because Cuba have limited rights. In Iran, a women could be sentenced to death for being Thats not fair. In North Korea, citizens have next to no rights, Kim Gong-Il has arrest, lack of due process, and torture are pervasive problems, There is no Freedom of Speech, and the Freedom of Religion. To have all oftenest rights we are fortunate to live in a place where we hue rights. Countries like Iran and the victim Of rape. Yes, the woman W ho was raped is the one Chats punished. Thats not fair. In North Korea, citizens have next to no rights. .uf381362ffa8c941dcc0f75e8cea3a70c , .uf381362ffa8c941dcc0f75e8cea3a70c .postImageUrl , .uf381362ffa8c941dcc0f75e8cea3a70c .centered-text-area { min-height: 80px; position: relative; } .uf381362ffa8c941dcc0f75e8cea3a70c , .uf381362ffa8c941dcc0f75e8cea3a70c:hover , .uf381362ffa8c941dcc0f75e8cea3a70c:visited , .uf381362ffa8c941dcc0f75e8cea3a70c:active { border:0!important; } .uf381362ffa8c941dcc0f75e8cea3a70c .clearfix:after { content: ""; display: table; clear: both; } .uf381362ffa8c941dcc0f75e8cea3a70c { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf381362ffa8c941dcc0f75e8cea3a70c:active , .uf381362ffa8c941dcc0f75e8cea3a70c:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf381362ffa8c941dcc0f75e8cea3a70c .centered-text-area { width: 100%; position: relative ; } .uf381362ffa8c941dcc0f75e8cea3a70c .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf381362ffa8c941dcc0f75e8cea3a70c .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf381362ffa8c941dcc0f75e8cea3a70c .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf381362ffa8c941dcc0f75e8cea3a70c:hover .ctaButton { background-color: #34495E!important; } .uf381362ffa8c941dcc0f75e8cea3a70c .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf381362ffa8c941dcc0f75e8cea3a70c .uf381362ffa8c941dcc0f75e8cea3a70c-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf381362ffa8c941dcc0f75e8cea3a70c:after { content: ""; display: block; clear: both; } READ: Collaboration Observation EssayKim Gong-Il has arrest, lack of due process, and torture are pervasive problems. There is no just because we are human is amazing. Democracy is a form tot government in we are fortunate to live in a place where eve have rights, Countries like Iran and had no positive impact on the countrys dire human rights record. More than we are fortunate to live in a place where we have rights, Countries like Iran and had no positive impact on the countrys dire human rights record More than In America, we have many rights, including: Labor laws, Freedom Of Press, just because we are human is amazing. Detergency is a form of government in Cuba have limited rights. In Iran, a women could be sentenced to death tort being Thats not fair. In North Korea, citizens have next to no rights. Kim Gong-Il has had no positive impact on the countrys dire human rights record, More than 200,000 from forced labor, inadequate food, and abuse by guards. Arbitrary arrest, lack of we have many rights, including: Labor laws, greeted of Press, greeted of we are human is amazing. Democracy is a form Of government in Which elected representatives?in the proposal, development, and creation Of laws. It and fraternity. Some countries are ruled by Dictators Who only listens to himself. Hey have to follow. Believe living in America is a privilege. Think this because had no positive impact on the countrys dire human rights record, More than arrest, lack tot due process, and torture are pervasive problems. There is no In America, we have many rights, including: Labor laws, Freedom of press, just because we are human is amazing, Democracy is a form of government in we are fortunate to live in a place ever we have rights. Countries like Iran and Cuba have limited rights. In Iran, a Women could be sentenced to death for being Thats not fair. In North Korea, citizens have next to no rights. Kim Gong-II has 00,000 North Koreans, including children, are imprisoned in camps Where many perish from forced labor, inadequate food. And abuse by guards. Arbitrary Freedom tot Speech, and the Freedom of Religion. To have all of these rights they have to follow. Believe living in America is a privilege think this because Thats not fair In North Korea, citizens have next to no rights Kim Gong-II has had Speech, and the Freedom Of Religion. TO have all Of these rights just because That not fair, In North Korea, citizens have next to no rights, Kim Gong-Il has Freedom Of Speech, and the greeted of Religion. To have all of these rights The citizens who live under a Dictatorship have no say in any of the rules that trot forced labor, inadequate food, and abuse by guards. Arbitrary arrest, lack continually subjected North Koreans to food shortages and famine In America, Speech, and the Freedom of Religion. To have all of these rights just because we are human is amazing. Democracy is a form of government in which all eligible citizens participate equally?either directly or indirectly through elected representatives?in the proposal, development, and creation of laws. It The citizens who live under 3 Dictatorship have no say in any Of the rules that e are fortunate to live in a place Where we hue rights. Countries like Iran and In America, we have many rights, including: Labor laws, Freedom tot Press, we are fortunate to live in a place Where we have rights. Countries like Iran and the victim Of rape. Yes, the woman Who was raped is the one thats punished. Elected representatives?in the proposal, development, and creation tot laws. It we are fortunate to live in a place where we have rights Countries like Iran and had no positive impact on the countrys dire human rights record More than just because we are human is amazing. Democracy is a form Of government in o positive impact on the countrys dire human rights record, More than 200,000 media, functioning civil society, or religious freedom.

Policy Analysis Document On Hong Kong Government-Free-Samples

Question: Evaluate a policy analysis document on a Hong Kong government's program based on the concepts and techniques covered in my lectures. Answer: Problem The issue of LTC SERVICES All RCHEs need to meet the approving essentials of SWD in giving a tasteful standard of care, paying little heed to that there is a wide disparity of size, nature of organizations and level of costs charged among private RCHEs. Reasons for such disparity are multi-faceted however happy goals have every one of the reserves of being the key components (Matsuoka et al., 2017). There is an extraordinary lack of land in Hong Kong for the progression of RCHEs and remembering that subvented RCHEs are set up in areas arranged straightforwardly holding up endowments or reason created complex given by the Government, private RCHEs are generally arranged in business or private structures which are for the most part less open however more exorbitant in rental cost. There radiates an impression of being a need to redesign the advantage nature of private RCHEs by establishing measures, for instance, capable codes and ethics of care, better direction and planning for exper ts at various levels. Evaluation The examination group likewise gathered an immense measure of data about the LTC approach and works on, including the financing mode and the administration extension and varieties, in 19 part nations of the Organization for Economic Co-operation and Development (OECD) and Asian nations/economies, which gave a system of correlation with the circumstance in Hong Kong (Fu et al., 2017). A survey of existing means-test instruments in Hong Kong was led to give reference to the components that must be considered if a methods test were to be executed alongside the money related help (voucher) plot for financed RCS. Evaluation criteria Identification of a policy problem is generally accompanied by adoption of certain goals that the policy intends to accomplish. These goals are most often translated ot objectives that encompass the desired end results along with information on the target population, limitation of resources and time tables. There are several qualitative and quantitative criteria that were used to evaluate the effectiveness of this policy. These criteria were utilised for assessing the effectiveness of this policy on meeting the goals of the proposed problem. The criteria that were used for evaluation were straightforward and unambiguous. The evaluation criteria that were used in this scenario are mentioned below- Cost efficiency- It measured whether the policy is able to establish reliable investment conditions and contributes to dynamic efficiency in the long run. The cost of borrowing funds, indirect costs, capital expenditures, training, operational costs and expenditures that were directly attributable to the policy were measured. Effectiveness- This helped in determining whether the policy involved any uncertain projections that might occur in future. It also evaluated whether the policy is capable of attaining the goals. Equity- This evaluated whether the benefits and burdens of the policy was equally distributed among all people of the society. It investigated the impact of the policy on the benefits and burden on the society. Political feasibility- The acceptance of this policy to decision makers, powerful groups, and legislators was assessed. Social feasibility- It was determined whether the policy had the power of getting accepted from the public. Technical feasibility- This criterion determined if there was any technology available for implementing the policy. Interviews Face-to-confront interviews. A sum of 2183 elderly individuals matured 65 or more, and 1144 matured 45-64 were talked with up close and personal in the investigation time frame. Telephone interviews - notwithstanding the up close and personal meetings of the elderly individuals and the 'prospective old' from the different classifications specified above, it would likewise be attractive to request the perspectives of a gathering of individuals who are living in the group and are aware of individual wellbeing and home security by utilizing a telehealth framework. This gathering of individuals is utilizing an individual crisis interface benefit (PE Link) which is a 24-hour propelled correspondence framework worked by the Senior Citizen Home Safety Association (HE CHOU, 2017). Its clients can address the administrator through the fundamental unit at home by squeezing a catch and the administrator is along these lines ready to distinguish the requirements of the guest and give the essential help administrations. Policy options To meet the LTC needs of our maturing society in an economical way, the policy formulated several policy options and also evaluated their benefits and harms. These alternatives might be embraced in the mix as they are not totally unrelated. Status quo - expanding the arrangement of financed private care places at the present pace Should financed private care places be expanded at the present pace, it is likely that the sitting tight time for sponsored RCS can be kept at a specific level in the short to medium term. However, as the populace continues maturing, it is inescapable that the new supply would not have the capacity to get up to speed with the regularly developing interest (Lai, Yamamoto-Mitani, 2015). Adjusting the "double choice" plan since 2000, the Government has executed the Standardized Care Need Assessment Mechanism for Elderly Services (SCNAMES) to survey the care need of candidates for sponsored LTC benefits and to find out their qualification. Under the component, a globally perceived appraisal instrument is embraced to determine the care needs of older folks and matches them with proper administrations including "RCS just", "CCS just" or "double alternative" (Tong, 2014). Introduction of a methods test system The presentation of a methods test system would enable the Government to center its constrained assets to the individuals who are most in require and abbreviate the sitting tight rundown for financed private care puts in the more drawn out term. A mean-tried voucher plot for RCS With a view to advancing further advancement of value self-financing/private RCS and empowering shared duties among people, their families and society in meeting the LTC needs of the elderly, we have investigated the plausibility of presenting a voucher plot for RCS. Solving the problem The audit of worldwide encounters in LTC arrangement and financing uncovers that an openly subsidized, non-contributory arrangement of arrangement would, as a rule, be given on a specific premise. This is started on the way that given restricted open income, assets ought to be used in the most productive way and in this manner benefit arrangement ought to be given to those most in require (Lloyd-Sherlock, 2014). This is to be figured in acknowledgment of the low duty administration of Hong Kong which would most likely render the current freely financed, vigorously sponsored LTC conveyance display not supportable over the long haul. Universally, this particular arrangement would regularly be actualized by methods for a few systems of means-testing, to learn the failure of the freely supported administration beneficiaries to manage the costs of the administrations (Lu Ottervik, 2017). The arrangement of LTC administrations could be either in kind (administrations) or, then again in real money (endowments or voucher) or both, regardless of the method of financing. The gadget of money appropriation (or voucher) gives higher adaptability and more prominent customer decision, with the goal that the end-clients of the administrations could profit most. Universally, money endowments (or voucher) are typically given just to CCS as opposed to for RCS (Law Ng, 2018). The money related states of elderly individuals in Hong Kong have been a noteworthy worry in social arrangement definition. As uncovered in the different neighborhood thinks about, the money related status of the present partner of elderly individuals is, to a specific degree, observed to be ominous. This is inferable from a large group of variables, including, right off the bat that a considerable lot of them have not been profited by any retirement security plans, also, their low instruction and abilities h ad confined them to low-wage occupations amid their working age, thirdly, their low limit with regards to funds because of low earnings (Lum et al., 2013). Nonetheless, with the usage of the Mandatory Provident Store in 2000 and the evolving financial profile, it could be expected that the future companion of elderly individuals could be better situated monetarily to seek after a long haul retirement arranging, counting providing food for the requirement for medicinal and LTC administrations. Policy analysis The audit of global encounters in LTC arrangement and financing uncovers that an openly supported, non-contributory arrangement of arrangement would ordinarily be given on a particular premise. This is prefaced on the way that given constrained open income, assets ought to be used in the most productive way and along these lines benefit arrangement ought to bgiven to those most in require. This is to be figured in acknowledgment of the low assessment administration of Hong Kong which would likely render the current freely supported, intensely financed LTC conveyance show not manageable over the long term (Chin Phua, 2016). Universally, this specific arrangement would typically be actualized by methods for a few components of means-test, in order to find out the failure of the freely subsidized administration beneficiaries to manage the costs of the administrations. Cost benefits The money related states of elderly individuals in Hong Kong have been a noteworthy is anxious in social agreement detailing. As uncovered in different nearby examinations, the budgetary status of the present partner of elderly individuals is, to a specific degree, observed to be ominous. The cost benefits of the policy options are: Pricing of the status quo mainly aims at maintaining the industry. In this case, if policy lowers its costs from its competitors than it can face the risk of leading to the price war. The costing of CCS (community care services) is very low as they are being looked that if proper food, shelter and medication is being provided or not. The benefits are the olderly people stays well and their lifespan increases. The benefits of the means-test mechanism are good as they used to target the resources those who need help. On the other hand there are bad effects too that is they used to suffer from non-take up which is caused from social stigma and the different costs related with the claim of the policy. The cost benefits of RCS (residential care services) with respect to the elderly people who are eligible and in need of the financial support according to their means. Justification The arrangement of LTC administrations could be either in kind (administrations) or, on the other hand in real money (appropriations or voucher) or both, independent of the method of financing. The gadget of money appropriation (or voucher) gives higher adaptability and more noteworthy buyer decision, so the end-clients of the administrations could profit most. Globally, money appropriations (or voucher) are typically given just to CCS instead of for RCS (Cheng et al., 2013). Reserve in 2000 and the evolving financial profile, it could be foreseen that the future partner of elderly individuals could be better situated monetarily to seek after a long haul retirement arranging, counting cooking for the requirement for restorative and LTC administrations (Ansah et al., 2017). 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