Cirque treats talented performers as employees rather than superstars. Does this mean its performers are essentially replaceable resources? (You may wish to contrast their treatment with that of top football players).
What will be an ideal response?
This is arguably a key strategic issue. Unlike football players, the transfer market is no well-established,
so there are few opportunities to buy in top talent and more risk of losing talent to lesser, competing
enterprises.
Factual update on subsequent developments
Progress on new shows and outreach (Cirque du Monde) continues. Plans to extend the number of fixed
locations or residences to include the UAE have been inhibited by global recession. Laliberté is thought
to be willing to bring in new partners to finance further expansion. Merchandising deals seem likely to
grow in range and number to the mutual benefit of Cirque and its partners.
You might also like to view...
Which of the following suggests a weakness in the internal control environment?
a. the firm has an up-to-date organizational chart b. monthly reports comparing actual performance to budget are distributed to managers c. performance evaluations are prepared every three years d. the audit committee meets quarterly with the external auditors
Journal entries based on the bank reconciliation are required in the company's accounts for
A) outstanding checks B) deposits in transit C) bank errors D) book errors
Which of the following variances will always be favorable when actual sales exceed budgeted sales?
A. Variable cost B. Operating profit C. Fixed cost D. Sales activity
There are several clues to the presence of multicollinearity. One clue is when a regression coefficient exhibits the wrong ____________________
Fill in the blank(s) with correct word