Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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cases. CASE STUDY 3 Hong Kong Disneyland: when big business meets feng shui‚ superstition and numerology 124 John Kweh‚ School of Marketing‚ University of South Australia and Justin Cohen‚ Ehrenberg-Bass Institute for Marketing Science‚ University of South Australia E N V I R O N M E N TA L A N A LY S I S O F I N T E R N AT I O N A L M A R K E T S BACKGROUND Disney‚ one of the world’s most recognised brands‚ launched its most recent theme park in Hong Kong in 2005. Hong Kong Disneyland‚ the fifth
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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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CHAPTER 4 . soclAl AND CULTURAL ENV|RoNMENTS 149 Disney Learns to ’Act Local" on the Global Stage fhe Walt Disney Company‚ home to Mickey Mouse‚ Donald Duck‚ and l other iconic characters‚ has a stellar reputation in many parts of the government. Consisting of a theme pa*‚ hotel‚ and shop1 the development would create 50‚000 much-needed jobs. Shanghai Disneyland is an important element in Disneys strategy for penetrating the local market. However‚ the proposal does not address Disney3
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REPORT ON CAPESIZE PURCHASE FOR OCEAN CARRIERS Introduction The purpose of this report is to evaluate whether Ocean Carriers Inc. should immediately commission a new capesize carrier that would cost $39 million‚ and would be completed two years hence‚ in order to finalize a lease of the ship for a three-year period with a potential charterer in very good faith. The contrasting tax regulations between the two countries where the company locates its office‚ and the different cost-benefit circumstances
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Q3. The major generational changes for post-80 have been a hot topic among the society. Some people say that both the China and Hong Kong post-80’s attitudes towards the society are totally different from that of the past generations. Before talking about how the generational changes are and what the similarities or differences between the China and Hong Kong generation‚ the definition of “post-80 generation” is that: The term “post 80” stands for the generation who was born between 1980 and
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Journal of Vacation Marketing http://jvm.sagepub.com Strategic theming in theme park marketing Kevin K. F. Wong and Phoebe W. Y. Cheung Journal of Vacation Marketing 1999; 5; 319 DOI: 10.1177/135676679900500402 The online version of this article can be found at: http://jvm.sagepub.com/cgi/content/abstract/5/4/319 Published by: http://www.sagepublications.com Additional services and information for Journal of Vacation Marketing can be found at: Email Alerts: http://jvm.sagepub.com/cgi/alerts
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globalization produces a ‘shrinking world’? A Disney World Globalization and the Walt Disney Company This essay will explore the concept of the shrinking world as a product of globalization‚ and investigate the Walt Disney Company’s contribution towards this phenomenon. It will begin by examining the primary motivating factors behind globalization‚ the spread of transportation and communication links‚ before presenting an overview of the Walt Disney Company and its role in media and tourism. It
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countries in European group. Disney guests in Europe faced problems getting too closed or pressing around those who left too much space between themselves and the person in front. But it’s quite normal in Asian countries due to their population Hong Kong Disneyland only has 16 attractions and one classic Disney thrill ride‚ Space Mountain‚ compared to 52 at Disneyland Resort Paris. Weather in Europe tends to be cooler and their currency is higher than Hong Kong currency so people probably find
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Market in Hong Kong? Products The product quality and Word-of-mouth are importance evaluation of online products. The consumers would consider both quantitative and qualitative aspects of online reviews. The consumer will also collect the comments about favorable news and unfavorable news before they are going to purchase in internet. Moreover‚ when consumers read online reviews‚ they are concern that not only to review marks but to other contextual information such as a reviewer ’s well-known
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