Hong Kong Jockey Club

1. The HK jazz nine-spots stakeholders are as follows (1)The political sympathies. The HK make love partnership, as a large wiz taxpayer, could contri scarcee to the governments financial revenue. (2)Hong Kong charities. The HK fuck nightspot gives annual donations on which many Hong Kong charities depend. (3)The citizens of Hong Kong. The HK jazz golf-club would apportion operational surpluses to support the social and civil needs related to the community services, education, medical examination and health. (4)The employees. The state of business of HK Jockey parliamentary procedure would affect the puff upbeing and the salary of the employees. 5)The customers and the connection members. The actions taken by the HK Jockey fellowship could influence or be influenced by the racing and betting public, the lottery players and the bludgeon members. 2. The challenges faced by the HK Jockey familiarity as it engages in CSR initiatives are as follows (1)The HK Jockey Club regularly consults the government about the community needs when decision making the distribution of the donations however, the Club sometimes receives the critique for the allocation of donations. 2)How the HK Jockey Club expands its gambling business on Mainland China without violating the Chinese law in terms of gambling. (3)How to shed use of the launch of an Individual discover Scheme and the recovery of the economy in HK to upturn the betting turnover proportionately. (4)Although the move of legalizing football game betting could reduce illegal bookmakers, improver the tax revenue and advance kind-hearted funds, it potentially encourages gambling among callowness. The operation of football betting may cause line of work and pathological gambling. 5)The public does non well recognize the status of the Jockey Club as not-for profit. People are not aware of the charitable investments dispenseed by the HK Jockey Club 3. (1)The Jockey Club should conduct several resear ches before the enhancing of the racing intersection point or the regulatory change. Specifically, the Jockey Club could survey the public opinion toward the visualize and consult the government, the club members and the employees to evaluate the forge feasibility. In addition, the Jockey Club could oppose its situation with that of some other countries that encounter with same issues to assess the ethical mplications. (2)The Jockey Club should stop the plan or shift the marketing strategy if it does not pursue with the domestic or foreign legislation. The Jockey Club should not only persist in the rule of law in Hong Kong, but also respect the legislations in other countries. Moreover, the Jockey Club should provide equal education for the public especially the youth about the improvement of the racing intersection to avoid problem and pathological gambling. Furthermore, the Jockey Club could cooperate with the government to urge on the public vigilance of the illegal or unauthorized gambling.