Walt Disney has gone ahead to customize all of its products under certain characteristics of the company. These characteristics help to differentiate and demarcate its products from those of other brands in the market (Deodhar, 2013)
This area has fostered the success of Walt Disney in the market. During the low peaks of the year, Walt Disney values promotion as one way of keeping with the trusted customers in the market (Hubbard and Anthony, 2006)
Nonetheless, when one makes a comparison of the prices of products and services of Walt Disney and those of other competitor brands, he or she will realize that the prices are fair, with consideration of the quality and quantity of the products produced by Walt Disney. Pricing is a strategy that is essential in Walt Disney (McDaniel et al
It continues with its advertising of the products and services as one way of obtaining the best position in the market. Moreover, Walt Disney strategized on improving and building new attractions for its customers (Salinger et al
Effects of Power on Organizational Structure Identify sources and effects of power on organizational structure In definition, power is referred to as the potential or actual capacity to influence others in a desired way or manner. The sources of power in an organization can be either structural or interpersonal (Aquinas, 2008)
Some of these factors include government stability, transportation, language barrier, economic status, culture, and currency. The development of global strategies necessitates laying emphasis other details that occasionally, if at all, come into frame in the native market (Gupta and Gorindarajan, 2003)
In particular, organization conflict is defined as the battle that takes place when the goal-oriented behavior of one party impedes and interferes with the goals of another party. In this case, organizational conflict came about when Michael Eisner the CEO of Walt Disney started to lose the support of the board of directors owing to his centralized decision-making and as a consequence, failure of the company's performance (Jones, 2013)
He runs Disney through agreement and not fiat. And rather than dismissing or demoting Eisner's allies, he has decided to largely retain the management team (Grover, 2007)
For this reason, firms will have to research and understand international markets before getting into such markets. Factors such as the spending power of the country's consumers and its regulations and standards ought to be known before decisions are made (Heil, n
He also used his positional power as Disney's CEO to redeploy the company's staff so as to make the most use of each talent. Unlike his predecessor, he appointed individuals strictly on merit and not on any personal considerations (Stapleton, 2014)