Effects on different stakeholders of relocation of manufacturing industries by Hoi Leong Yan

Society

yanhoileonghk — 2024-03-17 07:51:55 UTC

What may happen if the factories located there? Any effects to the economy?

Environment

yanhoileonghk — 2024-03-17 07:52:20 UTC

What may happened if the factories located there? Any effects to the environment?

Citizens

yanhoileonghk — 2024-03-17 07:52:40 UTC

What may happened if the factories located there? Any effects to the prize of products? Will they be hired?

Society

yanhoileonghk — 2024-03-17 07:53:23 UTC

What may happen if the factories leave? Any effects to the economy?

Environment

yanhoileonghk — 2024-03-17 07:53:52 UTC

What may happened if the factories leave? Any effects to the environment?

Citizens

yanhoileonghk — 2024-03-17 07:53:58 UTC

What may happened if the factories leave? Any effects to the prize of products? Will they be sacked?

Citizens ( Aidan, Rachel, Ayyan, Hayley, Aayan, Yannes )

2024-03-18 02:45:48 UTC

( Labour ) People with lower education levels will be able to work because the factories are relocated. Factories have a huge demand for cheap labour. Therefore, it is very likely that they will get hired by such.

( Price ) The price of the products would get cheaper because the location of production would get closer to the consumers.

Group 5 (Environment)

2024-03-18 02:45:57 UTC

As the factories leave, lessening of different pollution is present, examples include air pollution, land pollution and water pollution. As factories release a lot of toxic waste and different chemicals, it harms the environment and now with the leave of the factory, all these problems will be less harmful as before, as it is relocated somewhere else

What happens to the economy and society?

s20221118_11_1 — 2024-03-18 02:46:36 UTC

We think the economy will start deteriorating and the items the factories produced will become more expensive and inflammation will rise and Hong Kong's stocks will drop.

Effects on host areas ( Society ) Group 1

s20221095_9_1 — 2024-03-18 02:46:52 UTC

Lost of employees, either they lose their jobs or they will need to employ new people. Relocation might be expensive, costing the company a lot of money.

Citizens

s20221119_8_1 — 2024-03-18 02:47:04 UTC

once the factories leaves,the labour will lose their jobs and the GDP will decrease,also the price of the products increases.

Environment (host areas)

2024-03-18 02:47:37 UTC

The effects of the environment (host areas)

Negative effects

Different pollution to the environment

At first the environment does not have a lot of factories. But when the factories start rapidly increase, more and more pollution may affect the natural habitat