Cirque du Soleil ( “Circus of the Sun”) is a Canadian entertainment company‚ self- described as a “dramatic mix of circus arts and street entertainment”. The company operates globally‚ it was found in 1984 by a 24 year old entrepreneur Guy Laliberte. The aim of this report is to demonstrate an understanding of the importance of team work and team effectiveness in the context of Cirque du Soleil. The emphasis on team have been a critical success factor in the establishment of Cirque du Soleil‚ this is
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Zheng He was a Muslim eunuch who served as a close confidant of the Yongle Emperor of China during the Ming Dynasty. He went on voyages to Southeast Asia‚ Sumatra‚ Java‚ Ceylon‚ India‚ Persia‚ Persian Gulf‚ Arabia‚ the red sea Egypt‚ and the Mozambique Channel. The number of his voyages vary depending on method of division‚ but he travelled at least seven times to The Western Ocean with his fleet. The fleet comprised 30‚000 men and seventy ships at its height. He brought back to China many
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What is hedging? Hedging is a strategy used to protect risks posed by worldwide currency fluctuations. One hedges the currency risk by contracting to sell foreign currency in the future‚ at the current exchange rate (Fries). If fund managers think the dollar is going to be stronger when they are ready to change the foreign currency back into American dollars‚ then they take out a foreign futures contract (a hedge). Thus‚ they lock in the exchange rate beforehand‚ so that they will not lose profits
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Cirque du Soleil: Juggling Act Baseline‚ June 10‚ 2005‚‚ http://www.baselinemag.com/article2/0‚1540‚1826548‚00.asp By Larry Barrett Danielle Savoie can’t fold herself into a pretzel or spin around on her head. But she walks a tightrope every day managing the information systems that make it possible for the Cirque du Soleil to entertain more people each year than the Yankees and Red Sox combined. The circus‚ which features astonishing acrobatics and Broadway-caliber music
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Cirque du Soleil Recruitment Analysis Introduction “Cirque du Soleil is a multifaceted creative workforce” encompassing “imaginary worlds‚ art forms from around the world‚ acting‚ acrobatic performance‚ dance‚ daring‚ dexterity‚ and grace” (Cirque du Soleil‚ 2010). Putting together the right workforce to achieve this result is not necessarily an easy feat. This paper will explore the recruitment decision-making process for attracting job candidates (demand) from the available labor force (supply)
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Dozier Hedging Alternatives Forward Market Hedge: Dozier would purchase U.S. dollars under a forward contract. The contract would obligate Dozier to pay £1‚057‚500 in exchange for £1‚057‚500 x 1.4198 $/£ = $1‚501‚438.50 assuming the transaction was at the quoted 3-month forward rate in Exhibit 4. Relative to the value of the contract at the current exchange rate‚ £1‚057‚500 x 1.4370 $/£ = $1‚519‚627.50 Dozier would accepting a reduction in the revenue from the contract of $1‚519
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Cirque du Soleil Q1. How would you assess the attractiveness of the circus industry in early 1980s? What would you conclude from industry analysis? The Circus has been an extremely popular form of entertainment during the 20th century. The circus creates an image of drifters and dreamers in the mind. In the 20th century the emphasis on spectacle continued on 3 ring formats. The following factors played a major role in the attractiveness of the circus industry:- * Animal acts provided an added
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1. Cirque du Soleil does not have a product‚ they have a diverse‚ creative‚ critical thinking‚ artist works company; a circus without animals. Within this company‚ this show allows their featured unique artists‚ to tap into their creative side and create magic for an audience. Cirque du Soleil aims to create the greatest shows onstage all around the world. The core for a functioning Cirque du Soleil is behind the scenes‚ with artists and staff. Recruiting these people seems to be a challenge
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1. Based on what you read in the case‚ outline a rudimentary SWOT analysis for Cirque Du Soleil. A: Strengths: Every show in 20 years has produced a profit‚ encourages creativity‚ niche‚ financially strong‚ well known‚ great marketing‚ technology‚ database of 20‚000 potential employees‚ shows have a long run (10 to 12 years)‚ talent scouts recruit from all over the world‚ creative‚ leadership. Creative production staff. Great locations. Excellent leadership. B: Weaknesses: High turnover (people
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caso Cirque du Soleil 1. Analizar la competencia del Cirque du Soleil en sentido amplio. 2. ¿Se podría decir que la estrategia del Cirque du Soleil es una estrategia customer centric? 3. Analizad desde el punto de vista de la matriz de Ansoff la estrategia de crecimiento intensivo del Cirque du Soleil. 4. ¿Se puede hacer una planificación estratégica en una empresa como el Cirque du Soleil?‚ ¿Existen oportunidades de generación de nuevos modelos de negocio para el Cirque du Soleil o es un modelo
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