also didn’t seem to put much work into their creation of Hong Kong Disney‚ giving them only “16 rides compared to Disneyland Paris’s 52 rides.” 2) To what degree do you consider that these factors were (a) foreseeable and (b) controllable by EuroDisney‚ Hong Kong Disney‚ or the parent company‚ Disney. These factors should’ve been foreseeable to everybody else except the owner of Disney because he was starting to believe that everything he touched was a masterpiece. These factors were definitely
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Summary: In April of 1992‚ the magical world of Disney introduced EuroDisney‚ located just 20 miles east of Paris‚ France. This theme park was considered to be the greatest and most lavish park to date‚ trumping Disneyworld in Orlando‚ Florida and Disneyland in Anaheim‚ California. Before opening the doors in Europe‚ Disney was introduced in Tokyo‚ Japan‚ where it was an instant hit with more than 14 million visitors in just two years. However‚ Disney was shocked when their lavish new theme
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to recognize the predominance of cultural differences between the European culture and American. What do you feel are the 5 KEY facts presented in the case? Location of Euro Disney was chosen in Marme – la – Vallee about twenty miles outside of Paris. This location was used because of its central location. It is described that 310 million people are less than a two hour plane ride away (Anthony‚ 1993) and 68 million people are less than four hours by car. Weather temperatures get quite cold‚ often
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In April 1992‚ EuroDisney SCA opened its doors to European visitors. Located by the river Marne some 20 miles east of Paris‚ it was designed to be the biggest and most lavish theme park that Walt Disney (Disney) had built to date-bigger than Disneyland in Anaheim‚ California; Disneyworld in Orlando‚ Florida; and Tokyo Disneyland in Japan. In 1989‚ EuroDisney was expected to be a surefire moneymaker for its parent Disney‚ led by Chairman Michael Eisner and President Frank Wells. Since then‚ sadly
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EuroDisney Case Central Issue. EuroDisney’s team were mistaken in their estimations of project’s business plan and revenue‚ definition of pricing policies and marketing strategies. Currently they are trying to improve the whole situation on ad-hoc basis by additional financing‚ partial altering infrastructure and management plans. Disney should change global strategy of managing assets and promoting their services in Europe. The idea is in giving up their self-referencing criterion and thinking
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The Not-So-Wonderful World of EuroDisney Summary1 EuroDisney SCA opened in April 1992 its doors to the European public which was located 20 miles from Paris. This specific location was selected over 200 potential sites in Europe (Greece‚ Italy‚ Spain‚ Portugal‚ and France). Spain was threw out the selection period the most likely place to be chosen but due to the insufficient acreage of the land around Barcelona area as opposed to France government was generous with incentives and showed impressive
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EuroDisney Case Analysis Introduction EuroDisney‚ currently named Disneyland Paris‚ opened for business in April of 1992. Much to Disney’s surprise this theme park did not attract the expected number of visitors necessary to allow for profits. By 1993‚ after announcing their fourth-quarter results‚ losses were reported to be $517 million. In 1994‚ Prince Al-Walid agreed to invest up to $500 million for a 24 percent stake in the park. This cash infusion along with a change in local management
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Universidad Católica Santa María La Antigua Hotel and Restaurant Management International Marketing Strategy Case 2-1 The Not-So- Wonderful World of Euro Disney* - Things Are Better Now at Paris DisneyLand Angelica Lopez Eucaris Mitre Prof. Donaldo Fong Due date: October 23‚ 2014 1. What factors contributed to EuroDisney’s poor performance during its first year of operations? What factors contributed to Hong Kong Disney’s poor performance during its first year? The biggest factors that
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2. In what way has Trompenaar´s research helped explain cultural differences between the united states and France? The Guide Missile culture‚ is a concept lead from Trompenaar´s research (egalitarian tasks / results oriented). In this case there is a low attachment to the company‚ but a strong commitment to professionalism. People show a strong focus on achieving results‚ the actual status does not depend so much on the skills possessed by the hierarchical role but on the contribution to the improvement
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April 15‚ 2012 Professor Pepe 1. What factors contributed to EuroDisney’s poor performance during its first year of operation? What factors contributed to Hong Kong Disney’s poor performance during its first year? Some factors that hurt EuroDisney was their misconception of what the French enjoy in a theme park. They took the same ideas‚ plans and layouts that worked for the US market and imported it to a different culture. Needless to say‚ the French people did not fancy the “Americanized”
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