BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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enhanced economic structure
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united capital improvement
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industrial venture
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joint venture
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Detailed explanation-1: -The things that motivated Disney to set up theme parks abroad were more business opportunities. The management realized how successful they were in the US and that their resorts attracted a lot of foreign travelers.
Detailed explanation-2: -The Walt Disney Company itself is not owned by China, although it is likely that many of its individual shareholders are Chinese. However, the park in Shanghai, known as Disneyland Shanghai, is majority owned by the Chinese government. The Chinese government owns 57% of the park, while the Walt Disney Company owns 43%.
Detailed explanation-3: -Disney’s corporate level strategy is geographical diversification, which is aligned with its mission to deliver entertainment experiences for global audiences. According to the Walt Disney Company (2021), it has physical operations in over 80 countries in the Americas, Europe, Asia-Pacific, the Middle East, and Africa.