Ocean Park
The case involving the hometown favorite, Ocean Park in Hong Kong, going up against a new competitor, Disneyland, represents a trend that has revolutionized the business world in the last few decades. Many locations around the world have had their existing businesses in all industries be challenge by newly introduced multinational corporations. The trend is nearly universal a crossed all industries. McDonalds will enter an international market and challenge the local restaurants; Wal-Mart may open a new superstore and go up against local retail establishments. The Ritz Carlton may open a new luxury hotel that competes with establishments that over a century old. All these represent some of the challenges that are found in the modern business environment.
While the local company may have a long track record of operating success as well as decades of experience with the local culture, multinational companies have access to quantities of scale as well as the advantage of standardization of business practices developed from the best practices generated from global operations. While in many cases the introduction of competition elevates the levels of innovation by both firms and the customer is the beneficiary in the end. Furthermore,...
Successful sustainable development also requires an evaluation of major trends and problems in the tourism industry rather than focusing on minor new developments that may have localized impact only (Butler, 1998). Taken together, the foregoing indicates that irrespective of the precise definition that is used, sustainable tourism development is based on three main principles, economic, environment and social which are described below: 1. Economic: This principle refers to something that affects
La Malinche, essentially, betrayed her people and went against male dominance and authority, which thus threatened her culture as a whole. She did it for the love of Cortes who was her owner and her lover as well as the father of her son. The threat solidified her as a symbol of female sexuality that is at once disparaged and kept under control in the Mexican culture (Michan 2003: 34). The
" The point made by the poet is similar to the poem above. The reference to John, The Father of our souls, shall be, John tells us, doth not yet appear; is a reference to the Book of Revelations, at the end of the Bible. That despite the promises of an Eternal life for those who eschew sin, we are still frail and have the faults of people. We are still besought by sin
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