As parents, we live our lives around our children needs and wants and from there that is how Six Flags is able to still in business. When you walk up to the gate in Arlington, Texas, you see six flags on a pole? History tells us the name refers to the flags of the six different nations that have governed Texas: Spain, France, Mexico, the Republic of Texas, the United States, and the Confederate States of America. Construction of “Six Flags Over Texas” started in 1960, and the park opened their doors the next year for 45 …show more content…
There 18 theme and water parks across North America are better than ever, offering today’s families and teens a complete one-stop diversified entertainment destination, from industry-leading thrill rides to water attractions, themed areas, children’s area, parades, concerts and shows, restaurants, games and merchandise outlets. They are licensing agreement with DC Comics and Warner Bros. Consumer Products allows Six Flags the exclusive theme park rights to many of the world’s greatest cartoon characters and super heroes, from Bugs Bunny and his Looney Tunes friends to DC Comics Super Heroes Batman, Robin, The Green Lantern, Wonder Woman and The Flash, enabling Six Flags to offer their 29 million guest a full character program, including character meet and greets, meals, photograph and autograph opportunities and new retail options. (Bhuiyan, …show more content…
The inputs for these calculations can be found in a firm's published financial statements. An understanding of the accounting practices is necessary for each firm being compared. When comparing two companies, adjustments might need to be made so that the accounting information is represented in a similar way. (Bodie, 1998)
Financial Review and key strategies
The key strategies are the ability to hire skilled workforce for seasonal jobs, proper positioning, the conduction of upkeep in the park, marketing, human resource and technology that is needed to run the park every day, represent the actions which need to have a firm in the amusement park industry in order to achieve success in the company’s strategy.
Many amusement parks are seasonal, that is one of the key factors that parks be able to obtain a large enough seasonal workforce. Furthermore, many of these seasonal workers need to be trained in safety and interpersonal skills. (Competitive Landscape,