Business Policy and Strategy

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timer Asked: Oct 17th, 2018
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Question Description

For the final assignment, you will continue your work with the company you used in Unit IV and Unit VI. For the Unit VIII Project, you will complete the final components of your implementation plan.

For Part 3, you will focus on the following points:

internal and external issues,

competition,

future outlook for the organization, and

implementation of tools for measuring business success.

For the future of the organization, you may be creative and add your own insight on where you see the company going. Your project must be a minimum of 2 full pages in length, not including the title and reference page. Make certain to include an introductory paragraph.

Tutor Answer

TeacherBradwine
School: Rice University

Attached.

Running head: THE WALT DISNEY COMPANY
1

The Walt Disney Company
Name
Institution

THE WALT DISNEY COMPANY

2

The Walt Disney Company
The Walt Disney Company is a household name in the business world. Its mention,
for many people, denotes the large animation brand as it is widely known for this. However,
the organization has stupendously grown over the years and expanded to media, cruise lines
industry, and it also offers recreational facilities. It has also expanded its reach by
establishing sub-divisions that function as single entities but under one organization. Some of
its most popular sub-divisions are ABC, Pixar, and Touchstone Pictures. This paper looks at
the external and internal issues affecting Walt Disney, its competition, predicted future, and
tools that can be implemented to measure its success.
Despite being one of the biggest entertainment firms presently, The Walt Disney
Company has had it own fair share of challenges. Some of this emanates from within the firm
whereas external factors influence others. One of the primary internal issues affecting Walt
Disney is the slow or minimal embracing of new technologies (Brown, 2018). Being a
traditional organization, the firm has continuously relented to take up new technologies
immediately as they maintain a conservative approach and only take it up when it is
inevitable. This is detrimental as it could cause the loss of its competitive advantage in the
market. Externally, Walt Disney has had to battle legal issues emanating from its labor
practices (Mattera, 2018). It is well known as one of the organizations that are anti-union and
has thus faced bitter disputes with trade unions in courts.
Another major external issue affecting Walt Disney is its competition (Brown, 2018).
Following its wide products and services portfolio, the firm has numerous competitors from
different industries. Following its ownership of the ABC and ESPN television networks, it
faces stiff competition from other cable tv brands such as NBC, Sky, and CBS. In the film
production and entertainment industry, major competition comes from other industry giants

THE WALT DISNEY COMPANY

3

such as Comcast and Time Warner. In the cruise line business, Carnival Cruise Lines poses a
significant challenge to their market share.
Following its slow but steady embracing of diversification, the Walt Disney Company
is headed to becoming one of the most prominent organizations, not just in the media and
entertainment industry, but worldwide. Films have become such a lucrative business with
streaming sites such as Netflix making vast amounts of profits annually. Similarly, the media
business is also demonstrating a lot of potential in growth. With proper use of newer
technologies and the embracing trends, The Walt Disney Company will undoubtedly become
one of the world l...

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Review

Anonymous
Thanks, good work

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