The Indian real estate sector

The Indian real estate sector The Indian real estate sector plays a significant role in the countrys economy. The real estate sector is second only to agriculture in terms of employment generation and contributes heavily towards the gross domestic product (GDP). Almost 5 per cent of the countrys GDP is contributed to by the housing sector. In the next five years, this contribution to the GDP is expected to rise to 6 per cent. According to Jones Lang LaSalle, faster economic growth in Brazil, Russia, India and China (BRIC) could result in the property markets of those nations recovering at a faster rate than the UK and US real estate markets. It has also been suggested that Indias property sector could begin to improve from late 2009 and may attract up to US$ 12.11 billion in real estate investment over a five-year period. Almost 80 per cent of real estate developed in India is residential space. According to the Tenth Five Year Plan, there is a shortage of 22.4 million dwelling units. Thus, over the next 10 to 15 years, 80 to 90 million housing dwelling units will have to be constructed with a majority of them catering to middle- and lower-income groups. It is for this reason that residential properties in India, particularly in Mumbai and Delhi, are viewed as very good investments as per a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and research institute. In the 2009-10 budget, developers of affordable housing projects (units of 1,000-1,500 sq ft) have been granted a tax holiday on profits from projects initiated in the financial year 2007-08. Such projects would have to be completed before March 1, 2012. At the same time, the finance minister allocated US$ 207 million to grant a 1 per cent interest subsidy on home loans up to US$ 20,691, provided the cost of the home is not more than US$ 41,382. This subsidy is expected to give a further boost to the housing sector. An apartment is a self-contained residential unit or section that occupies a part of a building. It can be either owned or rented. Some apartment-dwellers own their apartments as cooperatives, in which the dwellers or residents own shares of a corporation that owns the building or development. In condominiums, residents own their apartments and share ownership of the public spaces. Living in apartments is gaining popularity in India. The Sahara Group has already decided to build 217 townships across India. Their allure lies in the convenience that they offer in terms of safety and security and maintenance of utilities like electricity and water. A central maintenance system obviates the need for hiring outside help for minor problems like leaking taps or electric short circuits. Stand-alone homes also require incurring additional costs like buying/leasing land, licensing, duties, etc. Apartments enable maximization of space utilization and reduce demand on public resources. People are also able to avail of additional amenities like gymnasiums, swimming pools, etc. at affordable prices. There is a gap in the literature, however, with regard to the value drivers that dictate purchase decisions of residential property in the country. Similar studies exist for other countries but were found wanting in the Indian context, especially when it comes to apartments. Through this paper, we aim to do the very same, i.e. establish which factors dictate purchase decision and to what extent. We will also correlate these preferences with the demographic profiles and characteristics of our respondents and hence arrive at a greater and much deeper understanding of these issues. We see immense utility for our paper, especially for builders and property dealers who can use our findings in structuring their own business activities. RESEARCH BACKGROUND AND HYPOTHESIS: Even though consumer behaviour is generally assumed to be an important part of real estate valuation, buyer preferences are generally not considered during the valuation process. It is basically reduced to the confirmation of a bid price which may or may not be met by the buyer. Efforts are being made to address this fault and many papers have been written on the analysis of motivations of residential property purchasers, attempting to explain them using models such as bounded rationality and hedonic pricing. Hedonic Pricing, or Hedonic Demand Theory as it is also known, decomposes the item of interest into constituents and evaluates the importance of each of them and their contribution to the overall valuation. These factors can be both internal characteristics of the good or service and external factors. In the case of real estate valuation, internal characteristics include layout, structure, etc of the property while status of neighbourhood, proximity to schools, etc are the exter nal factors. Factor Analysis enables us to do just that. It is a statistical method that reduces the number of variables by grouping two or more of them into unknown or hidden variables known as factors. Further analysis is then conducted by looking at the variation among these factors and evaluating their relative performance. These factors are taken to be linear combinations of the original variables plus error terms (Richard L. Gorsuch, 1983). Factor analysis seeks to do precisely what humans have been engaged in doing throughout history that is to make order of the apparent chaos of the environment (Child, 1990). It has great use in evaluating consumer behaviour. Charles Spearman is credited with its invention. He used it in the formulation of the g Theory as part of his research on human intelligence (Williams, Zimmerman, Zumbo Ross, 2003). Over the years it has found uses in fields as diverse as psychometrics, marketing, physical sciences and economics. It can be used to segment consumers on the basis of what benefits they want from the product/service (Minhas Jacobs, 1996). It has evolved as a technique over the years, with many researchers working on fine-tuning and improving the analytical process. Bai Ng (2002) developed an econometric theory for factor models of large dimensions. It focused on the determination of the number of factors that should be included in the model. The basic premise of the authors was t hat a large number of variables can be modeled by a small number of reference variables. Marketing strategies based on customer preferences and behaviour often make use of this technique during the market research phase (Ali, Kapoor Moorthy, 2010)[14] and while devising and changing the marketing mix (Ivy, 2008). Factor Analysis has also been used in ground water management to relate the spatial distribution of different chemical parameters to various sources (Love, Hallbauer, Amos Hranova, 2004). The facility of segmentation that factor analysis offers has been extended to the real estate sector and all studies thereof. Regression analyses are subject to aggregation biases and segmented market models yield better results. This segmentation is done using factor analysis Watkins, 1999). Property researchers have also dedicated a lot of attention to researching the preferences of property buyers and identifying the drivers of property value. A study in Melbourne, Australia (Reid Mills, 2004) analyzed the purchase decisions of first time buyers and tried to determine the most influential attributes that affect the purchase decision using factor analysis. The research findings of the paper indicated that financial issues accounted for approximately 30 percent of the variance in the decision of first time owners to buy housing. This related to timing, the choice of housing, and the decision to buy new housing. Apart from that the choice of housing is dependant on Site Specific fac tors (Location) and the decision to buy new housing is dependent on Lifecycle factors, such as family formation, marital status or the size of the existing house. Another study determined that brand, beauty and utility play a defining role in property value (Roulac, 2007). The findings of the paper explain why certain properties command premium prices, relative to other properties. It came to the conclusion that for value determination of high priced properties the overall perception of the brand is the most important factor followed by utility and beauty. Brand names are also very important especially in metropolitan markets as they add to the appeal, distinctiveness of the property. Another way to attract buyers attention is through the mix of neighborhood amenities offered (Benefield, 2009). Neighborhood amenities like tennis courts, clubhouses, golf courses, swimming pool, play park and boating facilities significantly impact property values. Hedonic pricing models in which buye rs are assumed to evaluate property specifics and location attributes separately when they purchase a home have also been used to study housing markets like that of Shenzhen, China (Xu, 2008). The findings suggest that the marginal prices of key housing attributes are not constant. Instead, they vary with the household profile and location. Cluster analysis involves the grouping of similar objects into distinct, mutually exclusive subsets known as clusters. The objective is to group either the data units or the variables into clusters such that the elements within a cluster have a high degree of natural association among themselves while the clusters remain relatively distinct from one another. Mulvey and Crowder (1979)[22] presented and tested an effective optimization algorithm for clustering homogenous data. Punj and Stewart (1983)[23] reviewed the applications of cluster analysis to marketing problems. They presented alternative methods of cluster analysis to evaluate their performance characteristics. They also discussed the issues and problems related to use and validation of cluster analysis methods. The application of cluster analysis in strategic management research was studied by Ketchen and Shook (1996). Their paper chronicles the application of cluster analysis in strategic management research. They analyzed 45 published strategy studies and offered suggestions for improving the application of cluster analysis in future inquiries. They believed that cluster analysis is a useful tool but the technique must be applied prudently in order to ensure the validity of the insights it provides. Since Marketing researchers were introduced to discriminant analysis half a century ago, it has become a widely used analytical tool since they are frequently concerned with the nature and strength of the relationship between group memberships. It is especially useful in profiling characteristics of groups that are the most dominant in terms of discrimination. Morrison (1969) explained how discriminant analysis should be conducted using canned applications and how the effect of independent variables should be determined. However, care must be taken when applying discriminant analysis. The potential for bias in discriminant analysis has long been realized in marketing literature. Frank, Massy and Morrison (1965) showed that sample estimates of predictive power in n-way discriminant analysis are likely to be subject to an upward bias. This bias happens because the discriminant analysis technique tends to fit the sample data in ways that are systematically better than would be expected by chance. Crask and Perreault (1977) looked at the validation problems in small-sample discriminant analysis. http://www.ibef.org/artdispview.aspx?in=60art_id=25260cat_id=381page=1. http://planningcommission.nic.in/plans/planrel/fiveyr/welcome.html. http://www.pwc.com/en_US/us/asset-management/real-estate/assets/emergingtrend s2009.pdf. http://indiabudget.nic.in/ub2009-10(I)/ubmain.htm. http://www.sahara.in/press03.html. Australia Richard Reed and Anthony Mills, Identifying the drivers behind housing preferences of first-time owners, February 2004, Journal of Property Management, Vol 25 Issue 3 , Published by Emerald Group Publishing Limited. China Ting Xu, Heterogeneity in housing attribute prices: A study of the interaction behaviour between property specifics, location coordinates and buyers characteristics, International Journal of Housing Markets and Analysis, 2008, Vol 1, Issue 2, Published by Emerald Group Publishing Limited. Consumer behaviour in the valuation of residential property: A comparative study in the UK, Ireland and Australia, Jacqui Daly, Stuart Gronow, Dave Jenkins and Frances Plimmer, Journal of Property Management, 2003, Volume 21 Issue 5, Page 295 314. A Bounded Rationality framework for property investment behaviour, Anne de Bruin and Susan Flint-Hartle, Massey University, New Zealand. An application of the hedonic price model with uncertain attribute The case of the Peoples Republic of China, Zan Yang, Journal of Property Management, 2001, Volume 19 Issue 1, Page 50 63. Factor Analysis, Richard L. Gorsuch, 1983, Lawrence Erlbaum Associates. Charles Spearman: British Behavioral Scientist, Williams, R. H., Zimmerman, D. W., Zumbo, B. D. Ross, D. (2003), Human Nature Review. 3: 114-118. Benefit segmentation by factor analysis: an improved method of targeting customers for financial services, Raj Singh Minhas and Everett M. Jacobs, International Journal of Bank Marketing, 1996, Volume 14 Issue 3, Pages 3-13. Buying behaviour of consumers for food products in an emerging economy, Jabir Ali, Sanjeev Kapoor and Janakiraman Moorthy, British Food Journal, 2010, Volume 112 Issue 2, Page 109 124. A new higher education marketing mix: the 7Ps for MBA marketing, Jonathan Ivy, International Journal of Educational Management, 2008, Volume 22Issue 4, Pages 288 299. Love, D., Hallbauer, D.K., Amos, A. and Hranova, R.K. 2004. Factor analysis as a tool in groundwater quality management: two southern African case studies. Physics and Chemistry of the Earth, 29, 1135-1143. Property valuation and the structure of urban housing markets, Craig Watkins, Journal of Property Investment Finance, 1999, Volume 17 Issue 2, Page 157 175. Identifying the drivers behind housing preferences of first-time owners, Richard Reed and Anthony Mills, February 2004, Journal of Property Management, Vol 25 Issue 3. Brand+Beauty+Utility=Property Value, Stephen E. Roulac, Journal of Property Management, Vol 5 Issue 5, Emerald Group Publishing Limited. Justin D. Benefield, Neighborhood amenity packages, property price, and marketing time, 2009, Journal of Property Management, Vol 27, Issue 5, Emerald Group Publishing Limited. Ting Xu, Heterogeneity in housing attribute prices: A study of the interaction behaviour between property specifics, location coordinates and buyers characteristics, International Journal of Housing Markets and Analysis, 2008, Vol 1, Issue 2, Emerald Group Publishing Limited. John M. Mulvey and Harlan P. Crowder, Cluster Analysis: An Application of Lagrangian Relaxation, 1979, Management Science, Vol. 25, No. 4, INFORMS. GirishPunj and David W. Stewart, Cluster Analysis in Marketing Research: Review and Suggestions for Application, 1983, Journal of Marketing Research, Vol. 20, No. 2, American Marketing Association.

Image of Faith in Islam Essay

This paper elucidates the meaning of faith in Islam and the image and branches related to it. The paper is based on the saying by Prophet Mohammad P. B. U. H regarding faith and the branches of faith. The seventy branches mentioned in the saying and the highest and lowest of these branches are discussed in this paper. The highest branch mentioned is to believe and say that there is no God but Allah and the lowest of these branches is to remove a harmful object from the path. Muslims follow this saying in various ways and this is reflected in other sayings from the Prophet and in the Quran. The meaning of faith has been depicted in various verses of the Quran and different sayings of the Holy Prophet P. B. U. H. Muslims follow this saying as an approach to carrying out the day to day functions of life. According to the saying by Prophet Mohammed P. B. U. H â€Å"Faith has over seventy branches, and modesty is a branch of faith† (Muslim, 1971). This meaning of faith for Muslims is very important as it provides them with a code of life. The number sixty or seventy does not mean an exact number of branches it just implies that in Islam the branches of faith are multiple. The highest branch is to say there is only one God frees a human being from worship to all other deities like idols, animals or any other being. This is the foundation of Islam which indicates there is no God but Allah and Muslims worship only one God. It should be noticed that modesty has been given special emphasis in the saying by the Prophet P. B. U.  H; it is mentioned because it provides protection against deeds like theft, adultery, abusive language and other such wrong doings (As-sidq. org, 2006). The Muslims lead their lives based on this very saying as the highest and lowest levels or branches of Islam are mentioned as the belief in one God and the removal of a harmful object from the path, this would mean anything between these branches is the code of life for the Muslims. This is symbolic to Islam as this provides the overall functionality of people who follow Islam. Islam is depicted as a religion of peace and harmony. If we consider the last branch which is the removal of a harmful object from the path signifies the wellbeing of other people who might use the same path at a later time. If this is the lowest branch then the higher branches would have more consideration for the well being of other people and this is the core of Islam. Islam is a religion symbolic of consideration and courtesy for others and all Muslims are regarded as brothers to each other. If all the Muslims have the same consideration for one another then Islam as a society would be an entity where people live to achieve harmony through cooperation and coordination.

Global Warming And Its Effect On Our Lives - 1356 Words

Global Warming, countless believe it’s a myth sadly this existent event is effecting all of us, to the ocean’s coral reef being bleached to rising sea levels and the affects it has on our plants and animals and climate change. These changes and numerous more will soon affect the way our world will function, such as farming society living, climate conditions. We must take action now to help our future generations, not live through the mistakes and carelessness we have done and still do. The evidence is clear humans are affecting the earth in a way that has never been done before. However, other are led to believe that this process is â€Å"normal,† many are confident that this has occurred in the past. However, others are led to think it is a conspiracy theory and are too terrified to face the reality, thus they simply deny this event, lastly religious belief they have faith in God that he would not harm them. (Clark Josh) Climate Change is a gradually; increase of the overall temperature of the earth’s atmosphere caused by the rising levels of carbon dioxide in the air as well with other chemicals.(Earth’s Atmosphere) Carbon Dioxide is a colorless, odorless incombustible gas, this gas is present in the atmosphere. Carbon dioxide is being sent into the atmosphere in two ways: Natural Sources and Human Source, the Natural Source is when decomposition, respiration and oceans all release carbon dioxide in natural ways. Human Source: is the release of carbon dioxide in unnaturalShow MoreRelatedGlobal Warming And Its Effect On Our Lives808 Words   |  4 Pages The earth climate nowadays is changing very rapidly and differently which may result into the disappearing of some major tourist places. Besides that, the climate changes in our earth are affecting our lives psychologically, physically and emotionally. Another thing is Global Warming; a natural phenomenon that recognizes the grad ual increase of the earth’s temperature over a number of years. Very good example for that is the melting of snow in Greenland. A new study has calculated just howRead MoreGlobal Warming And Its Effects985 Words   |  4 PagesEnvironmental Science Professor Mahoney 11/11/14 Global Warming Over the last few decades global warming has become one of the biggest environmental issues of all times. Every year, global warming gets worse and it’s affecting the way people live, it is affecting the atmosphere in general, and other living organisms in our planet. Global warming is the gradual and increasing rise of the overall temperature of the Earth caused by the greenhouse effect due to the increased levels of carbon dioxide andRead MoreAnalysis Of Earth s Blanket 1253 Words   |  6 Pagesdeal of chapter nine in our book, Discovering Physical Geography, discusses the various climates that exist within our world. As the chapter goes on, the book explains the past climate changes due to the numerous fluctuation in Earth s average temperature. One well known theory, the Milankovitch theory, explains that the fluctuation of Earth s temperature are due to the long-term variations in Earth s orbital eccentricity, tilt, and axial precession, (Arbogast 236). In our present day, the vastRead MoreGlobal Warming And Its Impact On The World1042 Words   |  5 PagesGlobal Warming Yarely Juarez Jack F.Macy Intermediate School Abstract Global warming is a topic that concern many scientists and other people. lbis paper will be stating on the causes,history, technology, and etc. Inthis research paper you will find most of the history of global warming, how it has had a impact on the world, how it impacts us and our daily lives, and etc. Also I (Yarely Juarez) will be stating what are the planning or direction of this technology. Many 7t11Read MoreThe Effects Of Global Warming On Humans1405 Words   |  6 Pages The Effects of Global Warming Global warming is a dangerous issue that has been caused by the actions of human beings. The environment as a result, has changed for the worse. The effects of this situation that is currently happening is global, and can affect anyone regardless of their geographical location. The effects of global warming are enormous, and if people do not begin to do something in order to stop it, global warming could lead to the end of human kindRead MoreGlobal Warming Essay685 Words   |  3 Pagesï » ¿Blanc BIO-220 June 3, 2014 Tina Salat Global Warming caused by Human activities Global warming is, in essence, the gradual rising of temperatures in the Earth’s atmosphere. As global warming increases, temperatures become higher; mostly in the Earth’s oceans, which can have devastating effects on the Earth’s ecosystem (Weart, 2004). Global warming in when â€Å"the Earths atmosphere is overloaded with heat-trapping carbon dioxide, which threatens large-scale disruptions in climate with disastrousRead MoreThe Effects Of Global Warming On The Earth901 Words   |  4 Pages What is Global Warming? Countless feel as if it is a natural phenomenon that the Earth cycles through. They are terribly mistaken. It is the effect of greenhouse gasses that are emitted by the machines we use today. These gasses are becoming trapped in the earth’s atmosphere, causing the temperature to rise. The effects of global warming are all around us and are becoming more prominent. There are already efforts in place to stop it and programs to â€Å"go greenâ € . This climate change is a serious threatRead MoreThe Impact Of Global Warming On The Earth900 Words   |  4 PagesTitle: The Impact of Global Warming Purpose Statement: To inform my audience about how global warming is impacting the earth. Central Idea: Data shows that all throughout history, the temperature of our planet has changed over and over again for natural reasons. Holli Riebeek, education and outreach specialist at NASA, stated that these changes are due to small shifts in the Earth’s orbit and the Sun’s energy levels varying throughout time. Today, unfortunately, with the average temperature of theRead MoreGlobal Warming : A Natural Phenomenon959 Words   |  4 PagesGlobal Warming What is Global warming? Countless feel as if it is a natural phenomenon the Earth cycles through. Those individuals are terribly mistaken. It is the effect of greenhouse gasses emitted by the machines we use today. These gasses are becoming trapped in the earth’s atmosphere, causing the temperature to rise. The effects of global warming are all around us and are becoming more prominent. There are already efforts in place to stop it and programs to â€Å"go green.† This climate changeRead MoreInformative Speech Outline Global Warming Essay848 Words   |  4 PagesTitle: Global Warming Specific Purpose: To inform the audience about three issues of how global warming is affecting our weather, animals, and our future. Thesis: According to National Geographic Average temperatures have climbed 1.4 degrees Fahrenheit around the world since 1880 and by 2050, rising temperatures could send more than a million of Earths land-dwelling plants and animals down the road to extinction. Introduction I. Open with Impact: Is the climate warming? The impacts of global

Essay on The Walt Disney Company Case Study - 2812 Words

BUSMRH 4490 Strategic Management Case 2 The Walt Disney Company: The Entertainment King Kaitlyn Kisiday Alex Maicks Chelsea Parker Jonathan Russ Ryan Terek 1.) Why has Disney been successful for so long? Disney has sustained prolonged success for a variety of reasons. One source of success was the way Walt and Roy Disney decided to manage the company internally when the organization was founded in 1923. Disney emphasized teamwork, communication, and cooperation in the workplace to make employees feel valued and strengthen their commitment to the company. These values remain at the core of Disney’s corporate culture, and have been formally incorporated into their new-hire training program at the company’s corporate†¦show more content†¦After four years, the Disney film division reached an averaged output of 15 to 18 films per year, produced the highest earning film in 1988, Who Framed Roger Rabbit, and became the market leader with 19% box office share. Most impressively, income from the movie division grew from $1 million in 1984, to $34 million, $54 million, $131 million, and $186 million in each corresponding year. Income from Disney theme parks increased more than 200% during Michael Eisner’s first years, from $186 million in 1984 to $565 million in 1988 [Exhibit A, page 6]. New national advertising, increased park capacity, expanded hours of operation, and increased ticket prices contributed to the short term increase, while investments in new attractions, event spaces, and hotel development would help sustain steady profits into the future. In 1984, income from consumer products totaled $54 million [Exhibit A, page 6]. The new leadership and direction of the company under Michael Eisner from that time renewed the strength of Disney’s brand equity. A stronger brand supported development in the consumer products division of the â€Å"retail as entertainment† concept. The Disney Store, launched in 1987, achieved twice the average rate of sales per square foot in the retail industry. By 1988, income from consumer products totaled $134 million, increasing by more than 140% during Eisner’s first years as CEO. Successful leadership by Michael Eisner at Disney’s top resulted inShow MoreRelatedCase Study : Walt Disney Company5336 Words   |  22 Pages1 – Chapter One 1.1 – Case Study Background: The Walt Disney Company was founded on October 16, 1923 when Mr. Walt Disney signed a contract with Mr. Winkler for producing a series of Alice Comedy. Then the company never stop. Its first cartoon Trolley Troubles was released in 1927 whereas, very first â€Å"Mickey Mouse† cartoon was released in 1928 and it was also the first appearance of â€Å"Minnie Mouse† on screen. Moreover, the first full-colour cartoon Flowers and Trees was released in 1932 whichRead MoreCase Study : Walt Disney Company1789 Words   |  8 Pages1 – Chapter One 1.1 – Case Study Background: The Walt Disney Company was founded on October 16, 1923 when Mr.Walt Disney signed a contract with Mr. Winkler for producing a series of Alice Comedy. Then the company never stop. Its first cartoon Trolley Troubles was released in 1927 whereas, very first â€Å"Mickey Mouse† cartoon was released in 1928 and it was also the first appearance of â€Å"Minnie Mouseon† on screen. Moreover, the first full-color cartoon Flowers and Trees was released in 1932 whichRead MoreEssay Walt Disney Company Case Study1555 Words   |  7 PagesWalt Disney Company Case Study PART I Why is Disney so successful The success of Disney is a combination of creativity and innovations, and the managerial ability to identify and take advantage of every possible synergy. Walter Disney was the entrepreneur who had the creative skills. Knowing his limitations, he let other people do what he couldnt do good enough himself. This is an important skill, as it leads to quality products being made. The step from making short cartoons to doingRead MoreA Strategic Management Case Study on the Walt Disney Company8543 Words   |  35 PagesA Strategic Management Case Study on Erika Erro | Mimilanie M. Mabanta | Javi Mendezona | Clara Poblador Tour 198 Prof. Emma Lina F. Lopez Introduction Company Background When brothers Walt and Roy Disney moved to Los Angeles in 1923, they went there to sell their cartoons and animated shorts. One could only  dream  that their name would one day be synonymous with entertainment worldwide. But then again, that is how The Walt Disney Company has made their fortunes over the last severalRead MoreDisney s Corporate Strategy For Long Term1314 Words   |  6 Pages------------------------------------------- Title Page Page 2 --------------------------------------------------------------------------------------Table of Contents Page 3 ------------------------------------------------------------------------- Disney s Corporate Strategy Page 4 ----------------------------------------------------------------------------- Assessment of long-term Page 5 -------------------------------------------------------------- Assessment of Competitive Strengths Page 7Read MoreIn A Narrative Format Discuss The Key Facts And Critical955 Words   |  4 PagesIn a narrative format discuss the key facts and critical issues presented in the case. The key facts presented in the ?Walt Disney Around the Globe? case study presented by Ferrell, Hurt, Ferrell, 2009, discussed expansion and more specifically globalization expansion into international markets. The key facts presented were the history of The Walt Disney Company. Disneyland first opened in 1955 in Anaheim, California with a second location opening in Orlando, Florida in 1971, and the barriersRead MoreDisney s Strategic Process Of Success Essay1636 Words   |  7 PagesWalt Disney transformed a small private company into a blooming public company surrounded by success. The case study presents his strategic process of success starting from the ground-potential he encompassed as a young boy. Today, Disney is still a famous company seen throughout everyday life in a wide variety of presentations. Disney is represented through movies, short films, cartoons, television networks, theme parks, hotels, and characters. In accordance to the case study, the most importantRea d MoreThe Euro Disneyland Case Essay999 Words   |  4 Pagesmassive success that the Walt Disney Company has achieved in Tokyo, the company suffered a big failure in the next overseas expansion venture which was named Euro Disneyland. The failure’s main reason was the lack of the emotional intelligence that should be present in effective leaders. In particular, the emotional intelligence components are: self-awareness, self-regulation, motivation, empathy, and social skill. The most important element that was missing in this case is empathy which representsRead MoreWalt Disney1491 Words   |  6 PagesThe Walt Disney Company: The Entertainment King Case Analysis The Walt Disney Company is one of the largest media and entertainment corporations in the world. Disney is able to create sustainable profits due to its heterogeneity, inimitability, co-specialization and immense foresight. 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