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
Premium The Walt Disney Company Walt Disney Currency
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 represents the capability to comprehend the emotional temperament of other
Premium The Walt Disney Company Walt Disney Parks and Resorts Walt Disney
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
Premium The Walt Disney Company Walt Disney Parks and Resorts Disneyland Resort
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
Premium Cross-cultural communication Paris Geert Hofstede
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.
Premium The Walt Disney Company Human resource management Walt Disney Parks and Resorts
Case Study Report Euro Disneyland DiChao Wu Student Number: 3152196 Case Study GSBS6009 – Cross-Cultural Management Due: 2th October 2012 Lecturers: Dr Karen Tian Table of Contents 1. Introduction This report provides information about the critical reflection of my personal decision making situation in the workplace or a similar environment and give some suggestion about how I might have dealt these issues. In preparing
Premium Management Strategic management Organization
CASE 2 – 1 THE NOT SO WONDERFUL WORLD OF DISNEY –HAS DISNEY LOOKED TO IT’S PAST TO SECURE IT’S FUTURE? Introduction – With over 15 million visitors in 2014‚ Disneyland Paris is officially Europe’s most visited tourist destination. And in 2015‚ Disney will open its largest park ever in mainland China. But Disney resorts have had a difficult history and heavy debt across several of the theme parks continues to lead many to ask what is the future of Disneyland? A Troubled History - In April 1992
Premium The Walt Disney Company Walt Disney Parks and Resorts Disneyland Paris
Why didn’t Disney managers anticipate better the cultural blunders they experienced when Disneyland Paris first opened? The management team of Disney did not better anticipate the cultural blunders of Disneyland Paris because they used their past theme park opening experience in California‚ Orlando and Tokyo as models to replicate. Unlike their past experience Euro Disneyland (now Disneyland Resort Paris) the first multicultural park. What Disney executives did not realize was that they need
Premium Disneyland Paris Walt Disney Parks and Resorts Paris
case fourteen Euro Disney: From Dream to Nightmare‚ 1987–94 Robert M. Grant At the press conference announcing Euro Disneyland SCA’s financial results for the year ended September 30‚ 1994‚ CEO Philippe Bourguignon summed up the year in succinct terms: “The best thing about 1994 is that it’s over.” In fact‚ the results for the year were better than many of Euro Disneyland’s long-suffering shareholders had predicted. Although revenues were down 15 percent – the result of falling visitor numbers
Premium Walt Disney Parks and Resorts The Walt Disney Company Walt Disney World Resort
Euro Disney- Case Study Instruction Until 1992‚ Disney had been very successful for theme parks. The first theme park was in the city of Anaheim‚ California‚ USA. The theme park was called Disneyland. The park’s theme song is "It’s a small world"; "Peddling a gorgeous environment‚ allowing visitors to enjoy a variety of exotic culture‚ and prone to the kind of living in an extended family with warm feelings. The dark tunnel with the roller coaster of ups and downs can intimidate children. The
Premium Walt Disney The Walt Disney Company Mickey Mouse