Analysis Of Las Vegas Sands Corporation
Individual Company Analysis
Las Vegas Sands Corp.
Anastassia Laumets
368539
Organisations and Personnel 1
Tutor: Ron Hekman
Group: TM1G
Table of content:
Introduction 4
History 5
Products and services 6
Legal form 7
Structure of a company 8
Stakeholders and environmental factors 9
Mission and vision, ambitious, plans, and strategy 10
Conclusion 11
Reference list 12
Introduction
The aim of this assignment is to apply the knowledge of management and organisation of an organisation on example of Las Vegas Sands Corp.
The main purpose of this report is to cover six topics about the organisation. The chosen company is Las Vegas Sands Corp. It is an American casino and resort operating company which is based in Paradise, Nevada, …show more content…
An Integrated Resort is a very vague term for a very wide range of entertainment development based around a casino. The casino is a relatively small element but must still act as the crucial economic component, which drives general returns and contributes in investments in other facilities and amenities (MacDonald & Eadington, n.d).
Las Vegas Sands can offer a wide range of high-class facilities and they are all integrated under one roof to provide the exclusive guest experience. From luxurious suites to sumptuous meeting rooms, celebrity status night clubs, private lounges, headliner and resident shows, upper-class gaming, relaxing spa services, a wide range of retail shops and award-winning cuisine.
Las Vegas Sands Corp. created an independent world of entertainment at each of properties in Las Vegas, Macau, Bethlehem and Singapore (LVS, 2014).
In addition to the commitment to tourism, the corporation is involved in numerous charitable activities through the non-profit organization: Sands Foundation. For example, in 2012 $1 million was donated to the new Discovery Children’s Museum at Donald W. Reynolds Discovery Centre in Symphony Park (Stutz, …show more content…
Adelson is a chairman and chief executive officer of Las Vegas Sands Corp.
According to Dr. Jawahar Babu, chief executive officer is the most important figure in a management process. The key role of CEO is to plan, organize, lead, and control the activities within the company.
CEO is the leader of the company and executive representative of board of directors. He plays crucial role to make relationship with customers, suppliers, and other stakeholders on the behalf of organization.
Moreover, CEO has other specific responsibilities depending on the needs of his organization and that requires various types of skills such as conceptual, human relation, and technical skills.
Furthermore, he is fully responsible and accountable for decision making process, as well as negotiating, disturbance handling and resources allocation. That means that he is fully responsible for success or failure of a company in the future.
Stakeholders and environmental factors
The economic growth of the past years has increased the level of consumption of goods and services, which also has led to a rise of environmental pollution and loss of biodiversity. Sustainable development is a development that meets the requirements and needs of the current generation without jeopardizing future generations and retaining the capacity to satisfy the potential needs of future generations (Marcus & van Dam,
Las Vegas Sands Corp.
Anastassia Laumets
368539
Organisations and Personnel 1
Tutor: Ron Hekman
Group: TM1G
Table of content:
Introduction 4
History 5
Products and services 6
Legal form 7
Structure of a company 8
Stakeholders and environmental factors 9
Mission and vision, ambitious, plans, and strategy 10
Conclusion 11
Reference list 12
Introduction
The aim of this assignment is to apply the knowledge of management and organisation of an organisation on example of Las Vegas Sands Corp.
The main purpose of this report is to cover six topics about the organisation. The chosen company is Las Vegas Sands Corp. It is an American casino and resort operating company which is based in Paradise, Nevada, …show more content…
An Integrated Resort is a very vague term for a very wide range of entertainment development based around a casino. The casino is a relatively small element but must still act as the crucial economic component, which drives general returns and contributes in investments in other facilities and amenities (MacDonald & Eadington, n.d).
Las Vegas Sands can offer a wide range of high-class facilities and they are all integrated under one roof to provide the exclusive guest experience. From luxurious suites to sumptuous meeting rooms, celebrity status night clubs, private lounges, headliner and resident shows, upper-class gaming, relaxing spa services, a wide range of retail shops and award-winning cuisine.
Las Vegas Sands Corp. created an independent world of entertainment at each of properties in Las Vegas, Macau, Bethlehem and Singapore (LVS, 2014).
In addition to the commitment to tourism, the corporation is involved in numerous charitable activities through the non-profit organization: Sands Foundation. For example, in 2012 $1 million was donated to the new Discovery Children’s Museum at Donald W. Reynolds Discovery Centre in Symphony Park (Stutz, …show more content…
Adelson is a chairman and chief executive officer of Las Vegas Sands Corp.
According to Dr. Jawahar Babu, chief executive officer is the most important figure in a management process. The key role of CEO is to plan, organize, lead, and control the activities within the company.
CEO is the leader of the company and executive representative of board of directors. He plays crucial role to make relationship with customers, suppliers, and other stakeholders on the behalf of organization.
Moreover, CEO has other specific responsibilities depending on the needs of his organization and that requires various types of skills such as conceptual, human relation, and technical skills.
Furthermore, he is fully responsible and accountable for decision making process, as well as negotiating, disturbance handling and resources allocation. That means that he is fully responsible for success or failure of a company in the future.
Stakeholders and environmental factors
The economic growth of the past years has increased the level of consumption of goods and services, which also has led to a rise of environmental pollution and loss of biodiversity. Sustainable development is a development that meets the requirements and needs of the current generation without jeopardizing future generations and retaining the capacity to satisfy the potential needs of future generations (Marcus & van Dam,