1. How would you value the Hong Kong Disneyland project from the perspective of Walt Disney? The valuation of Hong Kong Disneyland from the perspective of Walt Disney is done by taking the following assumptions: Cost of Capital = 9.52% Cost of Government Debt = 8.19% Cost of Commercial Bank Debt = 11.36% Cost of Equity = 12.3% (10 year average) Inflation = 7.31% (10 year average) Gross margin = 37% Operating Cost = 22% Variable Management Fee = 5% With the above assumptions the FCF
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Geert Hofstede™ Cultural Dimensions * Average Hofstede Dimensions of all counties surveyed Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. This represents inequality (more versus less)‚ but defined from below‚ not from above. It suggests that a society ’s level of inequality is endorsed by the followers as much as by the leaders. Power and inequality‚ of
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EURO DISNEYLAND CASE ANALYSIS 6 Cultural differences between United States and France Power distance This dimension deals with the fact that all individuals in societies are not equal‚ and it expresses the attitude of the culture toward these power inequalities amongst us. Power distance is defined as the extent to which the less powerful members of institutions and organizations within a country expect and accept that power is distributed unequally. It has to do with the fact that
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4/22/13 China - Geert Hofstede THE HOFSTEDE CENTRE (index.php) GET CERTIFIED Select a Country United States in Intercultural Management and (/certification- Culture by Organisational courses.html) in comparison with the below China THE HOFSTEDE CENTRE (thehofstede-centre.html) 118 80 91 GEERT HOFSTEDE (geerthofstede.html) NATIONAL CULTURE (nationalculture.html) 66 DIMENSIONS (dimensions.html) 62 30 46 29 40 COUNTRIES (countries.html) APPLICATIONS (applications
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Summary Hong Kong Disneyland (Disney HK) is owned by Hong Kong International Theme Parks Limited‚ a joint venture company with 57 percent shares from the Hong Kong Government and 43 percent shares from the Walt Disney Company. One of the key reasons Disney HK was constructed is to create new jobs for both within Disney and through other employment opportunities and was also estimated to generate economic benefits for Hong Kong. This report would include a comprehensive analysis of the company‚ Disney
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Hofstede Cultural dimensions: India is a vast country known for its diversified culture and traditions. The unique characteristic of India is its “unity in diversity”. In India Relationships and feeling plays a larger role in decisions. Indians tend to take larger risks with a person whose intentions they trust. Thus‚ one’s credibility and trustworthiness are critical in negotiating a deal. Indians are ‘polychronic’ people‚ ie they tend to deal with more than one task at the same time. Indians
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Magazine article: Haelle‚ T. (2015‚ January 20). Five Things to Know About The Disneyland Measles Outbreak. Retrieved from http://www.forbes.com/sites/tarahaelle/2015/01/20/five-things-to-know-about-the-disneyland-measles-outbreak/#1e0012df273c. In this magazine article “Five Things To Know About The Disneyland Measles Outbreak” it talks about a recent outbreak that happened in Disneyland in Southern California‚ and what are the possible reasons for the outbreak. The outbreak occurred because there
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1. The summary of Geert Hofstede The text refers to the study of culture in the environment of organization. Especially how culturally different participant can make an constructive and efficient intercultural dialogue. At the beginning of the publication Geert Hofstede points attention to the example which shows how different cultural background influences our way of thinking and acting. Moreover‚ autor deals with the notion of culture and its connection to the mental programming. He describes
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Disneyland Resort Paris: a development after understanding local cultures The case Disneyland Resort Paris: Mickey Goes to Europe introduced readers to the development of Disneyland Paris during fifteen years. Even though Disneyland Paris had a terrible start in 1994‚ it had a great improvement and bright future in 2007. The reason for its failure and success is the same: culture. Forgetting to respect local culture caused Disneyland to lose market and revenue in Paris‚ while adjusting its operations
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SWOT Analysis: · Strengths: o The name Disney that had been well know all over the world o Financial strength from investors and profits in the other Disneylands o The amount of capital that was very sufficient · Weaknesses: o Lack of research by the management o Poor forecasting and calculations o Tendency to believe that the Chairman would make it perfetc · Opportunities: o To compete against the famous Eiffel Tower and Louvre Art Museum o Strategic location in which the park was
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