Executive Summary Hong Kong Disneyland (Disney HK) is owned by Hong Kong International Theme Parks Limited‚ a joint venture company with 57 percent shares from the Hong Kong Government and 43 percent shares from the Walt Disney Company. One of the key reasons Disney HK was constructed is to create new jobs for both within Disney and through other employment opportunities and was also estimated to generate economic benefits for Hong Kong. This report would include a comprehensive analysis of the company
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the tourism industry in Hong Kong further lost its lustre? For years‚ a huge amount of tourists from all over the world had flooded into the territory in search for Hong Kong¡¦s shoppers¡¦ and gourmets¡¦ paradise. However‚ recently‚ Hong Kong seems losing its edge in luring tourists. Hong Kong used to supply goods with cheap prices because of its simple tax system which charges low tax on almost every item except cigarette and alcohol. Because of that‚ clothes in Hong Kong are of good quality
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Global Business Cultural Analysis: Hong Kong Moultre Spencer BUSI 604-International Business August 16‚ 2013 Presented for Frank Romanoski Abstract Hong Kong is a country with a perspective on morals‚ values‚ and administrative ways which is a general reflection of the region of Asia which is based under Chinese rule. There are successes and failures with the process of change which are important. The effects of Hong Kong’s financial crisis can be a recovery with structural changes‚ and fluctuated
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Obesity in Hong Kong Introduction The problem of obesity in Hong Kong is a significant issue that the community as a whole is trying to arouse public awareness to it. According to the statistics provided by a research done by the Hong Kong Department of Health‚ the estimated percentage of overweight and obese of the whole population in Hong Kong are 17.8% and 21.2% respectively(Hong Kong Department of Health 2009). This report will elaborate more on the reasons for obesity and the suggest preventive
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The image of Hong Kong is well known as “shopper’s paradise” and “Pearl of the Orient”. Further‚ according to the International Market Research Study‚ it shows that the lack of new appeals in Hong Kong is a significant reason for it not being considered as a vacation destination. Therefore‚ it is necessary to expand the appeals of Hong Kong. Why not use our existing natural resources as tourist attractions? To maintain the competitiveness‚ Hong Kong should build up its own unique and special character
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Should bicycle be promoted as major transport in Hong Kong? In the recent years‚ the bicycle has become one of the popular exercises in Hong Kong and some legislative councilors advocate to promote cycling as major transport so as to sustain the low-carbon living. This promotion has given rise to many discussions in the society. While some advocates believe riding bike can enhance the citizens’ health‚ others concern that cycling may increase the danger of other road users. This paper examines
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As Disney tried to expand their empire further into Asia‚ they were not at all as successful as they had originally expected. With the success of Tokyo Disney Resort producers of Hong Kong Disney were projecting the same experiences to happen in Hong Kong. By using the failures found in Disneyland Resort Paris they knew what not to do in order to achieve greater worth of the Disney name abroad. Though Tokyo and Paris are completely different cultures‚ the adaptation of each culture was done in
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for Walt Disney Company. However‚ in evaluating the past 4 years of attendance and operating figures of their newest park – Hong Kong Disneyland‚ it goes to show that the park performance is far from ideal. Why does the Disney magic not work in the hub of Asia – Hong Kong? This paper will answer that question‚ and after consolidating the lessons learnt from Tokyo‚ Paris and Hong Kong Disneyland‚ we will recommend the items Disney should consider before investing in a theme park in mainland China. Following
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Hong Kong Disneyland had mechanisms in place to adapt to local Hong Kong culture‚ yet these means appeared to be partially ineffective. Why? Despite hard efforts of management‚ during 1 year there were some difficulties Chinese Disneyland faced to. One of the biggest problems was the Lunar New Year Holiday. It took place when administration of park didn’t take into account some particularities of Chinese people consumption habits. This fiasco led to many complaints‚ ticket returns and‚ importantly
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Red Envelope & Hong Bao Chinese have their own New Year by using old calendar‚ the new year is commonly called Spring Festival. Every year is different if you compare with the calendar we are using right now. The New Year in this year is the 9th of Feburary. Chinese Spring Fesitival is a great happy time for family reunion and celebration of one country. During the Chinese traditional New Year‚ it is a time to give and receive the Red Envelope‚ we called it as “Hong Bao” in Chinese. The gift in
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