Twenty minutes later, the meals arrived, which wasn’t too bad in timing, but they came out cold. To me, this means they were prepared earlier but sat too long because a waiter/waitress forgot about them. The bar was out of wine but no alternative beverage was offered. Two additional requests had to be made for silverware and napkins. The manager was sought and Mr. Wallace was given a second serving of cannelloni but the rest of the family ate their cold meals.
Were there other root causes of the failure of the venture? There were numerous issues that caused Euro Disney to fail in the beginning, making the whole expedition on the verge of bankruptcy. Cultural differences, spending, and sales were the major roots for failure. How would you compare the Euro Disney fiasco with Disney’s domestic and/or other foreign entrepreneurial efforts? Euro Disney compares in the amount of time planning and the funding put into the effort.
My take from this movie? Fast food is of course VERY BAD for you but you have that choice not to eat it! Its not the fast food that makes you fat, it is the people that choose to eat it that makes them fat. Six months after the release of the movie in theatres, McDonalds did away with their supersize menu choice. They said it had nothing to do with the movie but I believe
However, Motel 6 has some disadvantages. The first thing is its security, it’s lax and causes Motel 6 lost money and reputation. Second, the motel rooms are old style, and Motel 6 doesn’t do a lot of promotion and advertising, so it’s hard to attract new customers. The Third, Motel 6 does not only face to the slowdown economy environment and the downturn in hotel industry, but also face to a lot of competitors, some of them are exiting the market, and some of them are the same as Motel 6 and trying to enter the extended-stay market. The model of franchising allowed Motel 6 to expand quickly, primarily throughout the Eastern United States, to maximize name recognition and invade new markets, to reenter the market that it formerly ceded, and franchising will not cost the company a lot.
There were 11 staff all aged from 15 to 21, with all the 11 staff they have to come up with $52,344 back pay. This doesn’t look good for all subway stores even any fast food stores. This will now take subway out a lot of money and not sure how they will be able to pay it all back, subway may even have to shut down over one stupid mistake from a few
Euro Disney was to be run as a nongovernment concern. 1.3 When the theme park was built, cost escalated to US$5 billion due to a number of design and construction changes. Between 1992 and 1994, a combination of reasons led to financial difficulty at Euro Disney: the US$4 billion debt posed a huge financial burden on the park, interest rates were double that estimated, tourist spending was lower because of recession in Europe, half the revenue projected to come from real estate development did not materialize as a result of the collapse of the property market in France, a strong franc which made it expensive for visitors, and low attendance which fell below the expected annual 10 million for the period. 1.4 In 1994, a huge financial restructuring took place to reduce debt by US$1 billion. This gave Euro Disney 24 months’ forgiveness from paying interest on roughly US$3 billion of the loans, along with a 3-year postponement on paying back the principal.
Another guilt which he felt about his family was the fact that because of the convenience of plastics and throw away containers, they had no time really spent together as a family. Even the family dinner was forgone in place of fast-food and take-out. This was also disturbing and worrisome to Beavan since it went against everything his grandparents tried to teach him. Beavan grew up not but a 5 minute walk away from his grandparents and spent a great deal of time with them. Both having been born and lived though the Great Depression, they had a “Waste not, want not.” attitude that they tired to instil in Beavan.
Mickey Mouse which is the main character of Disney might not be of the same importance to the French people as the Hunch Back of Notre Dame for example which is a French character that represents a part of the French culture. While Americans take a lot of mini vacation breaks, Europeans actually prefer to take long vacations to explore new places. The same is applied to Restaurants and dining habits. Classy American restaurants are considered to be very unusual and uncomfortably exotic for the taste of the Europeans. This is not to mention that Europeans un-like the Americans do not accustom themselves to eating gourmet meals on family vacations.
Their US parks, Disneyland and Disneyworld, were extremely success- ful, and Tokyo Disneyland was so popular that on some days it could not accommodate the large number of visitors. Simply put, the company was making a great deal of money from its parks. However, the Tokyo park was franchised to others—and Disney management felt that it had given up too much profit with this arrangement. This would not be the case at Euro Disneyland. The company’s share of the venture was to be 49 per cent for which it would put up $160 million.
Disney poor performance in different global markets And marketing strategies to increase Disney’s Profitability In the global market HASNAA Zine El Abidine TEXAS A&M University of Commerce Table of Contents Introduction 3 Factors that contributed to Eurodisney’s poor performance during the first year of operation 4 Factors contributing to Hong Kong Disney’s poor performance during its first year 4 Foreseeable and controllable factors by Eurodisney, Hong Kong Disney and the parent company 5 The role of Ethnocentrism in the story of Eurodisney’s launch 6 Assessing the cross cultural marketing skills of Disney 7 Why did success in Tokyo predispose Disney management to be too optimistic in their expectations of success? 7 Even the experience in France, Disney did not avoid some of the problems in Hong Kong 8 Will the Shanghai development benefit from the Hong Kong experience 8 Where should Disney go next? 9 The operational implications of the Eurodisney and Hong Kong Disney on the new park 9 Marketing strategies that will help Disney improve their profitability in the global market 10 References 10 Introduction Disney recognized that many people do not have the opportunity to travel to the U.S. to visit Walt Disney World or Disneyland. As a result, Disney developed theme parks around the globe to capture the market, adapting them to local cultures. They include Disneyland Paris, Tokyo Disney, and Hong Kong Disneyland.