Euro Disneyland 1. This research is an excellent example to show how Hofstadter’s four cultural dimension work when Multinational Company decides to do business overseas. Using the Hofstede’s four cultural dimensions as a point of reference‚ some of the main cultural differences between the United States and France are strong French uncertainty avoidance‚ high individualism‚ centralized power structures and lower masculinity scores Uncertainty avoidance index shoes the degree to which people feel
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International Business & Economics Research Journal – January 2009 Volume 8‚ Number 1 69 Strategic Human Resource Management And Global Expansion Lessons From The Euro Disney Challenges In France Guergana Karadjova-Stoev‚ Nova Southeastern University‚ USA Bahaudin G. Mujtaba‚ Nova Southeastern University‚ USA ABSTRACT The strategic role of human resource (HR) management should be seen as an integral element of a company’s overall success in accomplishing its mission and business strategy.
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After the massive success that the Walt Disney Company has achieved in Tokyo‚ the company suffered a big failure in the next overseas expansion venture which was named Euro Disneyland. The failure’s main reason was the lack of the emotional intelligence that should be present in effective leaders. In particular‚ the emotional intelligence components are: self-awareness‚ self-regulation‚ motivation‚ empathy‚ and social skill. The most important element that was missing in this case is empathy which
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Euro Disneyland Case Study 1. INTRODUCTION: The primary objective of this case analysis is to evaluate the proposed Euro Disneyland (EDL) project by applying Capital Budgeting techniques such as Net Present Value‚ analyze financial and economic risks‚ measure exposures of Euro Disneyland (EDL) such as economic exposure‚ transaction exposure and translation exposure‚ and develop strategies to mitigate these exposures. The case findings reveal that Disney should invest in Euro Disneyland taking
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Exercise 40.1 1. Mistakes are made. 2. Music legends such as Ray Charles‚ Billie Holiday‚ and Johnny Cash are all an influence on Norah Jones. 3. Numerous reports of loud music from bars and shouting neighbors are being taken by the city’s new noise complaint hotline. 4. The violin solo is being performed by an eight-year-old. 5. The body’s immunological response to gluten can cause intestinal damage‚ in a patient with celiac disease. Exercise 41.2 1. The original Star Trek television show
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Case Study: Euro Disneyland 1. Using Hofstede’s four cultural dimensions as a point of reference‚ what are some of the main cultural differences between the United States and France? Some of the perceptions on how Americans see French people include: flamboyance‚ arrogance‚ being emotional and hierarchal. In the other hand‚ perceptions of how French people view Americans include: being aggressive‚ workaholic‚ unprincipled and naive. Power distance is the extent to which employees‚ or less powerful
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Mistakes are made to be forgiven Humans hate making mistakes but love obtaining a feat. I certainly was one of them. I have been told that the secret to success is to learn from a mistake because it is an agent that can empower me to work harder. However‚ it is important that people should not make mistakes with impunity. Painfully‚ I learned this secret three years ago when I made a despicable mistake that I could hardly forgive myself. Ironically‚ this miserable experience was also the turning
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‘Mistakes we made’ is one of the best books ever written on psychology. The book was written by two famous psychologist by the names Carol and Elliot. Imagine if one of the prominent leader like a politician or a religious leader announces to the whole world that the world is ending on a certain day. All the people who receive the message especially the true followers of the reader take the message with a lot of seriousness where they consumes all their possession and they sell all their properties
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NAME: ZEENAT AMEEN MOHAMMED ID NO: 7401 COURSE NAME: CROSS CULTURAL COMMUNICATION TOPIC: WHO MADE A SERIOUS MISTAKE? LECTURER: DR. SHARON CASE STUDY: WHO MADE A SERIOUS MISTAKE? 3.1IDENTIFYING THE FACTS OF THE CASE: The facts of the case are: * Jean safari was investigating a serious error made by a Japanese worker at the Japanese subsidiary of a US multinational. * A component had been inserted upside down‚ and the entire batch has been pulled out of production to be
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Many of us can relate to feeling regularly frustrated‚ thinking‚ “Why is it so hard for us to admit our mistakes?” Carol Tavris and Elliot Aronson’s book‚ Mistakes Were Made (But Not by Me)‚ focuses on why people justify bad decisions‚ beliefs‚ and actions. It also offers suggestions about how we might be able to challenge ourselves to honestly reflect on our choices and take responsibility for our actions. In the beginning of the book‚ the authors introduce the theory of cognitive dissonance and
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