Hong Kong Economic Times Case

1639 words 7 pages
Show More
HONG KONG ECONOMIC TIMES
Global Strategy

LUCAS LOPEZ - FENWAY
Hult International Business School

1. Which factors have affected the profitability of the newspaper industry in general and in Hong Kong in particular over the last twenty years?

The newspaper industry has been facing a different situation in Hong Kong compared to other countries. First, is important to know that the financial perspective of newspapers in the global scenario is not the best one, as they have been decreasing their “wallet share” in the advertising expenditure from 36% to 25% in 2015 and sales are almost flat with a total revenue growth of only 1% (See exhibit 1). On the other hand, Hong Kong has been experimenting a healthy advertising revenue …show more content…

The Company could have a privileged position as a one stop shop for their customers, but the ETVision by itself does not follow the Blue Ocean Strategy | YES, but only in some of their businesses | Make the competition irrelevant | HKET made the competition irrelevant when they launched Electronic Property Information Services. While there was information of the property market, it was all spread out; no one had this user-friendly, comprehensive information. The Company took advantage of their information management skills and created something that competitors didn’t have. On the other hand, units such as the business college has many direct competitors, for example universities, consulting companies are direct competitors. | YES, but only in some of their businesses | Create and capture new demand | HKET created and captured new demand with products such as E-zone and U magazine. This kind of publications were focused to satisfy unmet needs like leisure and lifestyle content, and you can infer that for instance the U Magazine will be a new product for the customer, something “extra” that will not directly "steal" market share from a competitor. | YES, but only in some of their businesses | Break the value/cost trade-off | They didn´t break the value/cost trade off, in fact they chose an high added value strategy for all their products that was based on better information, more technology,

Related

  • Use the case of the recent legislation of the minimum wage to discuss the positive function and negative function of the social policy in Hong Kong society. 
    3030 words | 13 pages

    Introduction Recently, starting from May 1, 2013, Hong Kong had issued an increase of the Statutory Minimum Wage (SMW) from $28 to $30. Setting SMW at an appropriate level is vital to striking the balance between the objectives of forestalling excessively low wages and minimising the loss of low-paid jobs, while sustaining Hong Kong’s economic growth and competitiveness ("2012 report of the minimum wage commission," 2012). To fulfil this aim, the government have decided to increase the minimum….

    Show More
  • Business in Hong Kong
    7741 words | 31 pages

    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….

    Show More
  • Land Lease
    2000 words | 8 pages

    . Introduction LandLease (Asia) Property Limited (LL) wants to infiltrate the Hong Kong real estate sector. Louisa Martin and her senior advisor Marco Li have two main possibilities to achieve this goal, direct and/or indirect investment. By investigating the different investment possibilities they want to understand the merits and demerits, including risk and return of the possible investments. Bearing these outcomes in mind, they can form a new strategy for the company. We will discuss 4 different….

    Show More
  • The Policy of Direct Subsidy Scheme Schools in Hong Kong
    3782 words | 16 pages

    and secondary education in Hong Kong. Take two well-known schools as case examples (one D.S.S. and the other non-D.S.S.) to illustrate your answer. Content I. Introduction II. Background III. Direct Subsidy Scheme (DSS) IV. Advantages of DSS 1. To schools 2. To society 3. To parents and students V. Disadvantages of DSS 1. To schools 2. To society 3. To parents and students VI. Case Study: D.S.S. – Diocesan Boys’ School VII. Case Study: Non-D.S.S. – La Salle….

    Show More
  • Towards Sustainable Tourism – Key Problems and Issues Facing Hong Kong
    2300 words | 10 pages

    HTM 4105 Contemporary Tourism Issues Topic: TOWARDS SUSTAINABLE TOURISM – KEY PROBLEMS AND ISSUES FACING HONG KONG Introduction Unquestionably, Hong Kong is a blessed land where possesses prosperity and most of the elements of being a world class cosmopolitan which has successfully attracted visitors over years, especially from the mainland by emphasising our world-class shopping, dining and other urban attractions (Lam, H., 2004). Despite the flourishing scene of the tourism industry, the volatile….

    Show More
  • Hong Kong Disneyland
    1817 words | 8 pages

    Hong Kong Disneyland – Case Discussion MSBC650 – Integrated Marketing Communication Hong Kong Disneyland Outline of Discussion Plan I. Overview a. Hong Kong 1997 – 1999 b. Disneyland i. America ii. France iii. Japan c. Disneyland in Hong Kong II. SWOT Analysis a. Strengths i. Appeal to Chinese culture ii. Communications conducted in three different languages b. Weaknesses….

    Show More
  • Comment on the Trend and the Size of Poverty in Hong Kong Society. to What Extent Do You Consider the Present Social Security System Would Be Effective to Alleviate Poverty in Hong Kong?
    3615 words | 15 pages

    8. Comment on the trend and the size of poverty in Hong Kong society. To what extent do you consider the present Social Security system would be effective to alleviate poverty in Hong Kong? Introduction In such a cosmopolitan city as Hong Kong, it is not uncommon to see a number of affluent parents spending a large sum of money on their children, ranging from joining calligraphic class to extra physics tutorial lessons, and from buying the most updated mobile phones for them to sending them….

    Show More
  • Hong Kong’s Environmental Problems and Solutions
    1208 words | 5 pages

    Hong Kong’s environmental problems and solutions Hong Kong is one of the top financial centers in the world. Thus, the environmental quality of Hong Kong is very important. It is because the environmental quality is indirectly linking to the image of Hong Kong. Moreover, the living standard of Hong Kong residents is also under influencing of the environmental quality. However, Hong Kong is now surviving serious environmental problems. Poor air quality, noise problem and heavy traffic loads are the….

    Show More
  • Crazy Like Us
    1968 words | 8 pages

    attempting to aid mental health patients in those countries. Watters educates readers about the dangers of applying American mental disorders to individuals in other countries due to differences in diets, culture, and social norms. He documents a series of case studies in which victims of mental health disorders in various countries are affected by culture and societal norms. He argues that classifying a mental illness under a generic American disorder is dangerous and downright….

    Show More
  • Purpose of Evaluating Customer Service Policies
    26262 words | 106 pages

    Mackenzie School of Hotel & Tourism Management The Hong Kong Polytechnic University and Dr Benny Chan Hong Kong Community College The Hong Kong Polytechnic University Consultant Mr Tony Tse School of Hotel & Tourism Management The Hong Kong Polytechnic University Introduction to Hospitality Copyright © The Government of the Hong Kong Special Administrative Region All rights reserved. The copyright of this manual belongs to the Government of the Hong Kong Special Administrative Region. Commercial use….

    Show More

Popular Essays