Thursday, May 16, 2019

Ethics on Walt Disney

According to an article from The New York Times, on May 9, 2012 The Walt Disney clubs profits had grown up to 21% at Disneys Cable TV gains and a surge in Resorts Business. Thanks to climbing ad sales and subscription fees at ESPN, another cable direct like ABCfamily has also helped the Walt Disney friendship. Its quarterly profit 21% To $1. 14 billion dollars. The article started off by stating that Disneys financial reported a Growth on retail sales report. In attachment an operating income at Walt Disney Company Park and Resorts Surged 53% to $222 million dollars.A reason for this division growth was that they had game spenders. Which meant they wasted money on Disneys products and not merely that but in that location attendance increase on almost all there resorts worldwide. Just like in Tokyo an increase in spending up to 5%. This is good, because it shows that the resorts must be doing well that means people are acquittance and spending their money even with this reces sion. Besides this there is an issue that Disneys studios faced after motion-picture photography the movie John Carter but they had a solution. After they had lost money from that movie they also had losings from media networks.Because As the result that they were working on their interactive media. Aside from their losses, Disney reported earnings per share of 58 cents for the quarter. Up to 18% from 49 cents a year earlier. Not only had that but Analyst judge Earnings per share of 56 cents. In the other hand there was revenue 6% to $9. 6 billion. This shows that it was am improvement for Walt Disney they do there accountings in an Ethical manner. Another good ethics of Walt Disney is there television portfolio, since they take aim a variety of studios.They manage different channels like sports and family channels that helps them fix apart from there competition. ESPN is by the largest contributor to Disneys overall probability. Quite well positioned to remain the pre-eminent s ports brand, express Disney Chairman Robert I. Iger. This statement shows that ESPN is doing a good job as it should and shows that not only that. entirely ESPN is notwithstanding growing with their subscribers and fees. Lastly in the article, it states that since the release of the movie Marvel Inc. The movie has recorded the biggest opening. Its a great illustration of why we like Marvel Inc. o much. Said Mr. Iger. In my opinion I think the Walt Disney Company is very successful. They have been around the business for quite a while. Not only that but they made products and films that are worth value. Great film from back in the days and still going on now. The Walt Disney Company hires employees and trains them to their best ability which not many companies do. They require safety and have their business standards set well. Just how their profits have increased. Thats shows their doing a well ethical job. They may not be perfect but they sure have accounting set well in thei r business.Because the fact that if they didnt Walt Disney would be as well-known. Their resorts wouldnt be considered one of the happiest places on earth. This Article states the ethical manner that Walt Disney has done yet they had issues but still they overcome them just like how ethical companies should. The Walt Disney Company hasnt been affected in a huge drastic way that other companies have been affected. But yet I think that is example that an ethical company leads and that is Walt Disney. REFERENCE http//query. nytimes. com/gst/fullpage. html? res=9C01EFD9133AF93AA35756C0A9649D8B63& reader=brooksbarnes

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