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...
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