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In: Economics

Write an Executive Summary report about Disney World and include the following, Company Description( DISNEY WORLD)...

Write an Executive Summary report about Disney World and include the following, Company Description( DISNEY WORLD) Full name of company o Address of the corporate headquarters, phone, fax o Electronic contact information: web address, e-mail address (if available) o Key officers (if available) o 4-digit SIC (Standard Industrial Classification) codes, or the NAICS (North American Industry Classification System) codes with textual industry description; that is, what does the classification include. o Number of employees o Historical highlights (e.g., by year, new product lines, mergers, and acquisitions)

Solutions

Expert Solution

Ans- The Walt disney company is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International.

The walt Disney World, is an entertainment complex in Bay Lake and Lake Buena Vista, Florida, in the United States, near the cities of Orlando and Kissimmee. Opened on October 1, 1971, the resort is owned and operated by Disney Parks, Experiences and Products, a division of The Walt Disney Company. It was first operated by Walt Disney World Company. Another name of walt disney is walt disney disney world resort.

The main address of the walt disney is

500 South Buena Vista Street

Burbank, CA 91521-0991

USA

Telefone- (818) 560-1000

Main fax- (818) 848-7059

Web address- www.disney.com

Some of the key officers of the walt disney are:-

Bob Chapek

Chief Executive Officer, Director

Robert A. Iger

Executive Chairman and Chairman of the Board

Alan Bergman

Co-Chairman, The Walt Disney Studios

Alan F. Horn

Co-Chairman and Chief Creative Officer

Peter Rice

Chairman, Walt Disney Television and Co-Chair, Disney Media Networks

Rebecca Campbell

Chairman, Direct-To-Consumer and International

Josh D'Amaro

Chairman, Disney Parks, Experiences and Products

Alan Braverman

Senior Executive Vice President, General Counsel and Secretary

Zenia Mucha

Senior Executive Vice President and Chief Communications Officer

Jayne Parker

Senior Executive Vice President and Chief Human Resources Officer

Christine M. McCarthy

Senior Executive Vice President and Chief Financial Officer

Brent Woodford

Executive Vice President, Controllership, Financial Planning and Tax

Carlos A. Gómez

Senior Vice President and Treasurer

James Pitaro

President of ESPN and Co-Chair, Disney Media Networks

Lowell Singer

Senior Vice President, Investor Relations

Susan E. Arnold

Director

Mary T. Barra

Director

Safra A. Catz

Director

Francis A. Desouza

Director

Michael Froman

Director

Maria Elena Lagomasino

Director

Mark G. Parker

Director

Derica W. Rice

Director

4 digit SIC code- 7812

NAICS code-512110

Number of employees in walt disney world are more than 77,000 people.

In 1959, Walt Disney Productions began looking for land to house a second resort to supplement Disneyland in Anaheim, California, which had opened in 1955. Market surveys at the time revealed that only 5% of Disneyland's visitors came from east of the Mississippi River, where 75% of the population of the United States lived. Additionally, Walt Disney disliked the businesses that had sprung up around Disneyland and wanted more control over a larger area of land in the next project.

  • Acquisitions have helped Disney expand its reach in media and entertainment including 21st Century Fox, which it acquired in 2019 for $71 billion.
  • Disney became the first media company to have a presence in filmed entertainment, cable television, broadcasting, and telephone wires after it bought Capital Cities/ABC.

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