Crystal Lake Park Expansion Strategy Decision - Report

The following table briefly describes the strategy that the management of Crystal Lake should follow according to the financial results obtained from the analysis. The results are showing that Water park should be used as the expansion in Crystal Lake Park because IRRs are found to be significantly higher than that of Safari Park/Zoo in either seasons i.e. cool or Hot and even whether the economy remain stable or in recession. IRRs of Water park expansion in either economic or seasonal conditions are lying almost around 44% in stable condition and slightly lower ...