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rewrite this Disney's economic strategy in Europe, marked by high pricing based on the expectation of American spending habits, mirrors a common pitfall in the
rewrite this Disney's economic strategy in Europe, marked by high pricing based on the expectation of American spending habits, mirrors a common pitfall in the mining industry: the failure to align investment and operational strategies with local market realities. This oversight, alongside an overestimation of visitor numbers amidst the early '90s European recession, highlights the necessity of tailoring economic assumptions to local conditions to prevent overinvestment. Similarly, in mining, misjudging the economic climate or resource demand can lead to inflated project costs and unsustainable operations. Disney's lack of adaptation to European cultural and vacation preferences further reflects the mining sector's occasional oversight of local environmental regulations and community expectations, which can result in project delays or closures
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