Overview
In the year 2006, the management led by the chief executive of Ocean Park in Hong Kong was facing a major decision making challenge. This was a result of the news concerning the arrival and commencement of Hong Kong Disney land. Ocean Park was previously a monopoly and had never faced any competition challenges. Its monopolistic conditions of existence had made it have no counter measures to competition. The Disney land brought more competition to the ocean park since it has animation amusements; it has a very innovative strategy and also is well known for its ruthless and aggressive competition approach. The Ocean ...
