scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,910
Paradise Park Paradise Park is a theme park that was developed by Francis Fritz Hoover Hoover wanted a place where people could enjoy life and spend quality time together with family and friends With nineteen convenient locations Paradise Park was very successful After markets had moved on to more popular locations Hoover chose to keep his parks and investments very small so real-estate prices would remain low In the late 1990s Paradise noticed that they were losing money Profits had remained slow and the cost of building new rides sharply increased along with tax and wage increases The company would have to make changes quickly to avoid filing bankruptcy or become overwhelmed by their competitors A significant change needs to take place in order for Paradise Parks to stay in business This poses the question Should Paradise offer a different type of service to overcome their financial difficulties Situation Analysis SWOT- Strengths and Weaknesses opportunities and threats The SWOT analysis helps managers gain a better understanding of the internal and external environments and helps to evaluate the firms fulfillment of its mission Below is a list of information stating ideas about the SWOT analysts for Paradise Park Strengths - Paradise Parks had many strengths that made them stand out from the rest of the parks Paradise Park introduced the companys tallest roller coaster ever the ANACONDA a new ride which would help attract more customers The Park also had a restaurant called Peche Originale and souvenir shops which was a new addition to the park A major strength for Paradise Park was recruiting a new head of business development to attract more conference business considering that conference organizers were always looking for perks for their attendees Weaknesses - Maintaining the park was costly Jill Hoover the CEO of Paradise Parks noticed labor costs had shot through the roof Low unemployment rates and insurance rates soared after a series of industry mishaps Another weakness that Jill
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA