Attached. Please let me know if you have any questions or need revisions.Running head: CRITICAL THINKING DECISION THEORYCritical Thinking Decision TheoryStudent’s NameInstitution Affiliation1CRITICAL THINKING DECISION THEORY2Critical Thinking Decision TheoryIntroductionFollowing the success in the 1980s with Tokyo Disneyland, Disney realized that the Asianregion had vast potential. In recent years, the theme industry has attained remarkable success inthe Asian region. Local and international organizations have attempted to venture into this market,Disney being one of them. The company ventured into Hong Kong in 2005 and Shanghai in 2016(Lopez, 2002). The organization has continued to explore the possibilities of expanding itsoperations in other parts of this region. This paper aims to examine the case of Disney in Asia.The paper identifies the main issues described in the case, which were problematic in Disney’sventure in the Asian region. Besides, the paper highlights some of the cultural challenges linkedto the expansion of Disney in Asia. The paper provides solutions to some of these challenges andanalyses the lessons that the company should have learned regarding cultural issues whenexpanding to Asia.Problematic IssuesAfter a successful venture in Tokyo, Disney viewed China as the next best market in Asia.The move to expand in China was motivated by the impressive population size and the speedyeconomic growth in China across the 1990s and 2000s (Fung & Lee, 2009). Thus, Disney viewedChina as a promising market for its products and services. However, one of the main problems inChina was the low customer enthusiasm in the late 1990s.Between 1993 and 1998, China has witnessed a massive growth in the number of themeparks. Most of these parks faced challenges and were swamped by excessive rivalry and the lackof proper market projections (Luo, Vu, Li & Law, 2020). Furthermore, these theme parks wereCRITICAL THINKING DECISION THEORY3challenged by high cost and constant interference by the local Chinese officials. Despite theexistence of these challenges, Disney would continue with its plans of opening two theme parks.Its attention was mainly on Hong Kong and Shanghai.The attempt to open a Hong Kong venture was immediately after the Asian financial crisis.Disney disregarded the poor economic conditions in the region and continued wi…
15 Million Students Helped!
Sign up to view the full answer
Our customer is the center of what we do and thus we offer 100% original essays..
By ordering our essays, you are guaranteed the best quality through our qualified experts.All your information and everything that you do on our website is kept completely confidential.
Academicwritingcompany.com always strives to give you the best of its services. As a custom essay writing service, we are 100% sure of our services. That is why we ensure that our guarantee of money-back stands, alwaysRead more
The paper that you order at academicwritingcompany.com is 100% original. We ensure that regardless of the position you are, be it with urgent deadlines or hard essays, we give you a paper that is free of plagiarism. We even check our orders with the most advanced anti-plagiarism software in the industry.Read more
The Academicwritingcompany.com thrives on excellence and thus we help ensure the Customer’s total satisfaction with the completed Order.To do so, we provide a Free Revision policy as a courtesy service. To receive free revision the Academic writing Company requires that the you provide the request within Fifteen (14) days since the completion date and within a period of thirty (30) days for dissertations and research papers.Read more
With Academicwritingcompan.com, your privacy is the most important aspect. First, the academic writing company will never resell your personal information, which include credit cards, to any third party. Not even your lecturer on institution will know that you bought an essay from our academic writing company.Read more
The academic writing company writers know that following essay instructions is the most important part of academic writing. The expert writers will, therefore, work extra hard to ensure that they cooperate with all the requirements without fail. We also count on you to help us provide a better academic paper.Read more