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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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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Disneyland is one of the best known and most highly visited recreation locations in the world. With this visibility and audience reach‚ the action of the Disney Company extends well beyond the boundaries of their theme parks. However‚ once a foreign expansion experience‚ named Euro Disneyland did not prove to be the successful venture that had been anticipated by its creators. Just a short time after the opening of the park in April 1992 reality proved to be not so magic. Euro Disney was much criticized
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diversifying into live-action film production‚ television‚ travel‚ and theme parks (The Walt Disney Company‚ 2012). Disney went on to construct theme parks in California‚ Florida‚ Tokyo‚ Paris‚ and Hong Kong. Today Disney is the largest media conglomerate of the world and their theme parks alone generate almost $13 billion reported in 2012 in annual gross revenues (The Walt Disney Company‚ 2012). The Disney parks in the United States had been very successful and that is why Disney expanded into
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and evaluate the implementation of customer relationship management strategy in Hong Kong Disneyland. Hong Kong Disneyland is a famous international company over the world. It vision is to provide the quality service on the ceremony to customers and to provide them special unique experiences. We have conducted an interview with a supervisor of customer relationship management department of Hong Kong Disneyland concerning their special customer management strategy. For example‚ how it provides the
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Hong Kong Disneyland is one of the world-class tourist attractions in Hong Kong. It aims at offering magical experiences for the entire family‚ especially the kids. The design of Hong Kong Disneyland is not as some as the one in another countries. Since it is the first Disneyland in China‚ it wishes to develop its brand which recognized globally. That’s why the image of Hong Kong Disneyland is tending to be more Chinese style. Although it is a tourist attraction‚ it also target at the local residents
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Disneyland Disneyland‚ known for being one of the happiest places on earth- both adults and children believe it to be a magical place to visit. Walt Disney had an incredible imagination to put together a place where you can escape the real world. Disneyland has a charm that no other place on earth can compare to; it has a special way of creating a magical environment. Many things about this place make it so special‚ one of the many things is the landscape and attractions. Its impossible to try
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Will the Euro Survive POINT VICKY PRYCE‚ Senior Managing Director‚ Economic Consulting‚ FTI consulting In 2002‚ when euro notes and coins entered circulation‚ the dominant view among the 15 (now 23) member states using the currency was that it represented a big step toward ensuring peace and prosperity for the Continent. What people in individual European countries tended to overlook was that a single currency brings greater interference by members of the union in each state’s monetary‚ fiscal
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Hong Kong Disneyland Theme Park HT114003 1C o Laam To Man Chun Chan Ka Chun Chiu Ka Hin Wong Ching Wai Hung Chi Chung Yau Kwok Fung Contents 1. Background 2. Vision 3. History & Future 4. SWOT analysis 5. PEST analysis 6. Marking Mix (Product ‚ promotion ‚ place ‚ price) 7. Conclusion Background • September 12‚ 2005 • 126 hectares • Reclaimed land in Penny’s Bay ‚ Lantau Island • Chief Executive of the Hong Kong Disneyland Resort ‚ Jin Wenhao • Ownership : Disney 47% HKSAR 53% Vision A
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4. WHY SAVE EURO? 9 4.1 ALTERNATIVES 10 4.1.1 Split 10 4.1.2 Institutionalised austerity and ECB bailing out 12 4.1.3 ECB lends money to IMF and latter disburses loans with stiff conditionality’s 12 4.1.4 Creation of European treasury/ Empowering EFSF 12 4.1.5 United States of Europe and issuance of Euro bonds: 13 5. WAY FORWARD 14 TABLE OF FIGURES Figure 1: Prospects of the financial sector and sovereign spreads 7 Figure 2: History Repeats 9 Figure 3: Euro-area north-south
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