Management Essay Example | Topics and Well Written Essays - 1500 words - 20

Management - Essay ExampleThe introduction of a in the altogether Legoland approximation park in Paris, France would require taking into consideration a wide variety of factors, including the uphold on all stakeholders for such a new parentage venture. Will the participation be sufficient to maintain enough profit to cover all of the costs of operating and building the new facility, therefrom making this new theme park budget-conscious and sustainable for long-term subscriber line activity? This question stern be answered by reviewing the revenues of other international Legoland theme parks from 2002-2003 and comparing these revenues to the current operating environs for Lego company. For instance, Legoland Deutschland, in 2003, experienced a significant drop in sales volume after sole(prenominal) its second year of operations due to less consumer patronage and an unusually-hot summer (Annual Report, 2003). Though the Legoland Deutschland park appeared to be a rather insta nt success for consumers in this country during the parks first year, this transport appeared to have worn off rather quickly, likely making executive leadership at the company take a second look at whether Legoland theme parks are sustainable business concepts for long-term profitability.However, despite these statistics, the Paris, France operation requires an examination of stakeholder interests involving each group. The consumers/patrons will likely dictate whether or not the Legoland park is a continued success. Consumer attitudes fluctuate rather unexpectedly based on social and economical trends (Kurtz, 2006), thus making patronage levels extremely difficult to predict, especially in the difficult economic humour being experienced across the globe today. Suppliers, also, who would be responsible for distributing various foods and beverages associated with the new Legoland Paris theme park also have an active interest in whether the new park is successful. The supplier busi ness longevity and profit margins