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Before a business is entered into Europe, the company should to make sure that Europe
economy is stable. Ahead of time, they should have a proper research of European market.
4. Key Strategic Issue:
One of the major problems of Euro Disney was they overcharge entrance fee and it was
also during the period of economic downturn in Europe. That was one of the result of failing to
research European Market which could cause major implications or complications in the future.
5. Strategic Formulation
Now, we want to form a new strategy by Eliminating or reducing a significant weakness.
Justification of our selection: Here, we assumed that the major problems was overcharging
ticket fee at the wrong timing. Thats why, they had low attendances. If the price of the tickets to
enter the amusement park is high, it could cost the company to lose revenue. In here, we did not
mean that the ticket fee had to be too low. Lowering the tickets fee could cause an overload of
attendance.
In addition, European dont usually spend as liberally as American and Japanese visitors do.The
problem is the cultural different, so we should use France manager instead of American Manager.
With the knowledge about their own home country, they will help to reduce, or blend the
differences in culture.