Thursday, May 9, 2019
Module 6 Essay Example | Topics and Well Written Essays - 500 words - 2
mental faculty 6 - Essay ExampleHaving built their reputation, Disney expected that it butt end easily penetrate the European market. Although thither were other(a) theme parks in Europe, the companys reputation makes customers lose close substitutes. As matter of fact, Disney entrance in France, not only deployed the monopolistic advantages that existing companies moreover also increased competition in the region hence improving quality.Tourism industry in USA is always negatively impacted by the strengthening of the dollar. Reduction in number of tourer reduces Disneys revenue significantly. To counter this, Disney opted to enter the European market. Research has shown that the euro and dollar strengths counter each other hence Disney can still capture their customers during dollar peaks. In a nutshell, Disney aimed at capturing tourists who are not willing to visit USA.Another motivating factor might be reduced bes of production. Although the cost French labor may not diffe r to US labor, capital is relatively cheaper. Moreover, France ought to be the silk hat European country of their choice due to the availability of governing body subsidies on land.In accordance with the above, it can be concluded that Disneys choice of France as an expansionary strategy increased its sales as wellhead as customer base. However, Disney maintained its reputation by equally treating the new parks and not joking on quality deliverance and customer satisfaction.In an effort to reduce US imports from japan, the US government threatened to impose a quota. The aim was to discourage Japanese from exporting to US and in reaction invest directly into the US economy, inform of FDI. In contrary, japan decided to withdraw their imports instead, hence make the US economy suffer.By 1981, there was great demand for cars in US. For that reason demand exceeded write out hence need
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