Legal
The Ocean Park Corporation is a statutory body incorporated under the Ocean Park Corporation under the Ocean Park Ordinance (Chapter 388). The Corporation's principal activity is to manage and control the Ocean Park as a public recreational and educational park to the public. (Ocean Park, Code of Corporate Governance Practices, 2009) Since the Ocean Park Corporation became statutory body, its internal operation and the establishment of the management team is appointed by the Government of the HKSAR. This legal factor makes the operation of the Park bonded by the Government and loses its independence.
The above analysis pointed out the opportunity, threat, strength and weaknesses of the Ocean Park in the macro-environment. The technological changes, social and the environmental factors would be the most favorable factors to the Park for future development. However, there would be threats from the political and economic issues to the Park since it will depend on the government's decision and also not controllable factors.
LegalThe Ocean Park Corporation is a statutory body incorporated under the Ocean Park Corporation under the Ocean Park Ordinance (Chapter 388). The Corporation's principal activity is to manage and control the Ocean Park as a public recreational and educational park to the public. (Ocean Park, Code of Corporate Governance Practices, 2009) Since the Ocean Park Corporation became statutory body, its internal operation and the establishment of the management team is appointed by the Government of the HKSAR. This legal factor makes the operation of the Park bonded by the Government and loses its independence.The above analysis pointed out the opportunity, threat, strength and weaknesses of the Ocean Park in the macro-environment. The technological changes, social and the environmental factors would be the most favorable factors to the Park for future development. However, there would be threats from the political and economic issues to the Park since it will depend on the government's decision and also not controllable factors.
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