CASE 2: The Not –So-Wonderful World of Euro Disney 1. What factors contributed to Euro Disney’s poor performance during its first year of operation? What factors contributed to Hong Kong Disney’s poor performance during its first year? Answer: The major factors led Euro Disney’s poor performance was the lack of cultural consciousness and market survey. Euro Disney was built according to other American Disney parks without thinking about the culture difference. They used all American characters
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The Not-So-Wonderful-World of Euro-Disney Q# 1‚3-4‚6. 1- What contributed to the poor performance and the losses of Euro Disney at its first year are: The European families thought that Euro Disney is over-rated and it is like they were promoting American style and culture. Advertising was not well communicated and European people did not get what Disney was trying to convey. They thought that they were emphasizing the size of the park and not the rides. Mickey’s character and his friends
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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 Company (Disney) had built to date—bigger than Disneyland in Anaheim‚ California; Disneyworld in Orlando‚ Florida; and Tokyo Disneyland in Japan. Much to Disney management’s surprise‚ Europeans failed to “go goofy” over Mickey‚ unlike their Japanese counterparts. Between 1990 and early 1992‚ some 14 million people had visited
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Nicholas Name: Tim Date: 2/25/13 Case study: The Not-So-Wonderful World of EuroDisney Summary Euro Disney SCA formally launched its theme park to Europeans in April 1992 near river Marne‚ 20 miles East of Paris. It was the biggest and most lavish theme park that Walt Disney had built bigger than any of its Disney parks around the world. The location was chosen over 200 potential sites in Europe from Portugal through Spain‚ France‚ Italy and Greece. Disney Management expected Europeans to receive the theme
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the foreign direct investment. Walt Disney’s international strategy with Euro Disney is no different. In hindsight vision is 20/20 but it is now clear that using a combination equity ownership‚ a licensing contract‚ and a management contract was not the key to success for this investment. The organization had too many interests involved and therefore the proper due diligence was not completed. For example‚ Euro Disney experienced inflated construction costs as a result of using high-end materials
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Case 2: Euro Disney 1. The factors that contributed to Euro Disney’s poor performance during its first year of operation were their lack of knowledge of their target market and the fact that they didn’t take into consideration that the target market was not intended to just focus on one culture. Disney builds and promotes Euro Disney as a piece of America in Europe although Disney failed to adapt to the culture. In the European culture they perceived Euro Disney as being overpriced and the vacation
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Euro Disney I found two mission statements for this company one is “to make people happy” and the other one is “we create happiness by providing the finest in entertainment to people of all ages‚ everywhere” (Strauss‚ h. n.d.). Each and every employee from maid to the president knows the mission statement. All employees are motivated to create happiness for their guest‚ and they do everyday. From what I have read and heard‚ Disney lives up to both of these statements. Euro Disney S
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Case Study: 1 The Not-So-Wonderful World of Euro Disney BONJOUR‚ MICKEY: 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 Company (Disney) had built to date – bigger than Disneyland in Anaheim‚ California; Disney World in Oralando‚ Florida; and Tokyo Disneyland in Japan. Much to Disney management’s surprise‚ Europeans failed to “go
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bleak picture‚ Michael Eisner‚ CEO of Walt Disney Co.‚ remained optimistic about the venture: "Instant hits are things that go away quickly‚ and things that grow slowly and are part of the culture are what we look for. What we created in France is the biggest private investment in a foreign country by an American company ever. And it’s gonna pay off."5 The Dawning Of Disney After first attempting to start a commercial arts firm in 1917‚ Walt Disney‚ along with his partner Ub Iwerks‚ joined
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contributed to EuroDisney¡¦s poor performance during its first year of operation? The factors that contributed to Disney¡¦s poor performance are ?X The dismal winter weather of northern France ?X Attendance only reached 9.2 million ?X Visitors spent 12% less on purchases than expected ?X Unforeseen combination of transatlantic airfare wars and currency movements ?X The French saw Disney as American imperialism ?X The French had its own cartoon character Asterix who also had its own theme park and went
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