Question

what are the central issues affecting disney company due to covid-19? make recommendations based on an...

what are the central issues affecting disney company due to covid-19? make recommendations based on an internal analysis.

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Answer #1

Central issues affecting disney company due to covid-19 :

  • The company has been forced to shutter all of its theme parks across the globe and postpone a number of studio releases .
  • Investors are scared of investing money in Disney as the shares are significantly down and situation doesn't seem to be imporving
  • The jobs of the workers are in danger if the situation continues, as the lack of revenue might lead to layoffs
  • The share price of disney is down by 37% which may lead to temporary instability and may result in company shutting down if the situation worsens
  • An important effect of virus ,that can be seen that how customer behaviour will change in future. The disposable incomme will reduce therefore, the people will not be willing to spend money on entertainment which is the main domain of disney

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