MBC 635
Instructor’s Solution for Cirque du Soleil Tour Planning
Fall 2012
Discussion Questions: Tour Planning at Cirque du Soleil: HEC Montreal Centre for Case Studies, HEC025‐ PDF‐ENG, March 1, 2011. 1) The main decisions facing Cirque is whether Istanbul is an attractive destination and if so, whether it partners with Turkish Television and Entertainment Society (TTE) and/or with the City of Istanbul/Ministry of Culture and Tourism (MCT). To begin your analysis, please enumerate the advantages and disadvantages for each of the two proposals. (2 pts) In general, Turkey appears to have good market potential. Istanbul performances are expected to exceed 100,000 tickets if they are released for sale 8 months
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relationships could increase Cirque may have to surrender Instanbul tix sales by 10%. some control over the “chain of Opportunity for additional value” to create a package that performances in Ankara as well as TTE sees as financially viable Eastern European cities where Cirque has little experience. Will accept a fixed show fee contract or cost‐sharing contract. Choice of show is not a major concern. Very experienced event managers in Turkey and Eastern Europe, including places Cirque has never performed.
TTE
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MBC 635
Instructor’s Solution for Cirque du Soleil Tour Planning
Fall 2012
2) Evaluate the financial aspects of the two proposals. (4 pts) a. Compare the estimated potential revenues from all sources (box office, promotional revenues, and sponsorships) for the two proposals. If appropriate, provide a range (pessimistic, most likely, optimistic) for each. b. Compare the estimated costs (Installation, Operations, Fixed and administrative, and any extraordinary expenditures associated with either proposal). For this question, you may assume that Cirque will only consider a show that is already in Europe, and thus would not involve an international transfer. c. Estimate the contribution to profit for the two proposals. Some variability in assessments of the financial aspects of this case seems inevitable. For brevity, I’ve reported my best guess about potential revenues,
The applicants are morally correct as long as their action promotes their long term interest. If their action produces or will produce for them a greater outcome of good, versus evil in the long hall than any other alternative, than that action is the right one to act on, and the individual should take that to be a moral act. An Assessment of Morality by Ethicsinbusiness.net
As a member of management Clive Jenkins is responsible for boosting employee morale to ensure that company goals are met
2. What types of symptoms did Jennifer, Cassandra, and James have in common? Which organ or tissue seems to
IgG – funtions in neutralizing, opsonation, compliment activation, antibody dependent cell-mediated cytocity, neonatal immunity, and feedback inhibition of B-cells and found in the blood.
Scenario: John is a 4 year-old boy who was admitted for chemotherapy following diagnosis of acute lymphoblastic leukemia (ALL). He had a white blood cell count of 250,000. Clinical presentation included loss of appetite, easily bruised, gum bleeding, and fatigue. Physical examination revealed marked splenomegaly, pale skin color, temperature of 102°F, and upper abdomen tenderness along with nonspecific arthralgia.
By following the same format as the previous survey, the VSO gained no new knowledge as to what will increase ticket sales. Lowering price may help, but other factors such as music that people would like to hear but the VSO doesn’t offer, wasn’t collected. The VSO again wasted their money conducting a convenience sample where results are biased and questionable.
Over the past 20 years there has been many high profile cases both with children and with adults that has resulted in Enquiries and Serious Case Reviews Some of these cases have received heavy media attention and have shaped quality assurance, policy, regulation and inspection is completed and conducted.
Functional magnetic resonance imaging (fMRI) technology would be best reveal the location and extent of damage to Tim’s brain produced by his
After reviewing your income statement and seeing how you allocate costs, I created a segmented income statement (Ex-1). This statement allows us to see exactly how the costs are broken down according to your current system. According to your specifications, it
From a human resources standpoint, FNL currently has a great relationship with its clientele and is rich with performers and entertainers eager to take part in the events. This is demonstrated by the growth of visitors to 25,000 in the last season with additional growth expected. By last year’s numbers alone, 2,800 visitors can be expected, demonstrating the objective is not out of reach (see Exhibit 1). As the venue’s maximum operational capacity is limited 5,000 people, a sellout is plausible, creating a feel of exclusivity, encouraging people to buy their tickets in advance. A sold out event would be a huge success not only in achieving the desired attendance, but also for the future episodes in the
Mr. Hugh Tudor (55 yrs) is a well-known person in Milville, where he has been living for 30 years. He is involved in lot of social activities and has a reasonable pension and savings. He is becoming restless in his retirement and shows interest in investing in The Leeds Livery, local British pub in Milville, which could provide him with more challenges. While discussing this matter with his friend, he found out that the pub has great potential to perform well as it once exceeded the profit percentage of the industry. Mr. Tudor is in the process of exploring this opportunity but still has several questions rising in his mind.
The case study focuses on an employee, Paul Keller, who is being affected by a number of factors. His job performance is hindered by constraints such as his work environment, his home environment, stressors, mood, and the management style of his superior. The case study demonstrates how his job performance is affected and what the consequences could be as a result of his poor job performance and lack of concentration.
Tourism is an endeavour sought by an individual or a party of individuals, which leads to a movement from one place to another with the idealism of a specific task, to visit a place or several places with the primary purpose of achieving entertainment and increasing knowledge of countries, cultures, and their history. The expression ‘largest industry in the world’ is universally used with mention to tourism, ensuring its recognition as the largest generator of wealth (over 11.7% of the global gross domestic product) and employment (7% of the world’s jobs); this shows that tourism is indeed an important industry that depends on culture and legacy.(Budeanu, 2002) Vancouver is feasibly one of the most prevalent tourist destinations in Canada
Drake, P. (n.d.). What is free cash flow and how do I calculate it? Florida Atlantic University, pp. 1-6. Retrieved from: http://educ.jmu.edu/~drakepp/general/FCF.pdf [Accessed: 6 Aug 2013].
1.What do McRae and Costa mean by introversion and extraversion? Is Subira introverted or extraverted? Find examples in the case to support your answer.