However, as time went by, hidden problems emerged. The actual revenue and employment again were less than estimated, and an unfair distribution of gain and risk between the government and Disney was perceived by the public. Although the Walt Disney Company expressed a strong commitment and responsibility towards conservation of natural resources, the theme park development had enormous environmental costs, which drew intense public criticism. After its launch, the theme park development had a big environmental cost, which drew intense public criticism. After its launch, the theme park's work practices caused further outrage. In the face of public opposition and disappointing below-target tourist numbers, Disney had to take immediate action to improve its operations and safeguard its `green` reputations. Disney theme parks had a long history of aggressive markets expansion. In July 1955, Disneyland opened in Anaheim, Southern California. Just over 15 years later in 1971, the company opened a second park, Disney World, in …show more content…
Ferrell). Ten years later, Disney brought the magic to Paris, France. Finally, in 2005, Disneyland opened its gates in Hong Kong, China.Global expansion is tricky for any business. There are many challenges to overcome, such as economic, legal, political, social and cultural barriers. While Mickey may be recognized and loved around the world, this does not mean that duplicating American parks in other countries will be a success. Perhaps the greatest challenge for Disney when entering new international markets has been how to handle cultural differences.Euro Disney later named Disneyland Resort Paris) opened near Paris France, in 1992, to fanfare and problems. Many well-known French citizens and labor unions vocally opposed the park because they felt that t was wrong to allow a symbol of American culture to become a focal point in France. Attendance for the first three years was well below expectations, causing grave financial difficulties. Finally, in 1995, the park experienced a turnaround. Financial restructuring helped the park achieve profitability. New attractions, lower admission prices, renaming the park as Disneyland Paris, a marketing campaign increased attendance. The park, now the number-one tourist attention in Europe with nearly 15 million visitors per year, continues to expand in anticipation of future growth. The theme park has