Preview

Genting Group Swot Analysis

Satisfactory Essays
Open Document
Open Document
448 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Genting Group Swot Analysis
SWOT analysis Strengths

From the liquidity position of GMB, it is true to say that GMB does not need to rely on external funding to fund its operations thus saving it from finance costs and also fulfilling its shareholders needs of maximising wealth.

In Malaysia, GMB’s main resort, Genting Highlands Resort, is situated at the peak of a hill thus making it an ideal tourist attraction due to its cooling weather and the availability of various entertainment facilities for all ages.

From the annual report, it is evident that GMB places particular importance on its internal control system. GMB has implemented the Control Self-Assessment (CSA) to formalise its risk management process. With CSA, all departments and business areas are required to identify and evaluate controls within key functions and activities of their business processes.

(Statement of Internal Controls, Annual Report 2008)

Weaknesses

With GMB’s main business in the hospitality and leisure industry, business fluctuates seasonally with high accommodation during peak periods especially during holiday seasons while only low accommodation during normal times. In order to lower the risk of fluctuating revenue, GMB has diversified into various other activities such as those stated above to provide it with a steady stream of revenue all year round.

Opportunities

With Singapore legalising gambling in its country, GMB have took the opportunity to open a resort casino in the country in order to capture the lucrative high rollers market there. Other than Singapore, GMB has made further investments in other countries in developing its name as one of the international gambling and entertainment giants in the world.

Threats

The presence of The Sands empire opening its premise, the Marina Bay Sands in Singapore have be a threat to GMB. There is a risk of loss of

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Swot Analysis

    • 330 Words
    • 2 Pages

    The organization that I have chosen to do my SWOT analysis on is the New Orleans Saints football team. They are among the most successful teams of this decade but not ranked very high as far as most lucrative organizations in the National Football League. They are currently ranked 23rd among the 30 active teams in the national football league. The organization was formed and became a professional football team in 1967. The team got its nickname due to its founding being on All Saints Day on November 1, 1967. The team initially one of the weaker franchises in the league. It didn’t win many games and struggled to sell out games. They have won one Super Bowl title, 5 Division Championships, and made only 9 playoff appearances in its 46 year existence. The ultimate goal of this organization is to win football games and generate revenue by selling tickets and merchandise.…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Swot Analysis

    • 452 Words
    • 2 Pages

    Burlington Coat Factory Warehouse Corporation is a national department store retail that sells mainly clothing and shoes. When the company was built in 1924, it is only known for wholesaler of ladies coats and outerwear.…

    • 452 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Swot Analysis

    • 361 Words
    • 2 Pages

    After performing a SWOT Analysis, upper management has determined that our company has a variety of strengths, weaknesses, opportunities and threats. I will describe strategies that will take advantage of the company’s strength’s and opportunities. I will also describe strategies that will help the company reduce weaknesses and threats.…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Swot Analysis

    • 442 Words
    • 2 Pages

    Although ADP (Automatic Data Processing) is one of the leading providers of business outsourcing solutions, it has weaknesses that negatively affect the company. One significant aspect of ADP is that the company has clients in many foreign countries, but less than only 20% of ADP’s revenues come from other regions of the world. The company has been majorly focusing on customers’ needs here in the US, keeping their clients up to date with the current laws and regulations (their HR department) and making payroll processing convenient. What they lack, though, is a diversified geographic. It’s important to concentrate on the US operations, but other countries have specific issues that may need to be handled differently. If ADP wants to expand and take full advantage of their services, they ought to pay more attention to their geographic diversification.…

    • 442 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Swot Analysis

    • 2063 Words
    • 9 Pages

    Let’s face it, people all over the world love beauty. Holy wood is obsessed with it. Like many women in America and all over the world, we want to look our best, we want to look and feel beautiful. Women and some men want the gift of youth and beauty and will go to great lengths to attain it. After pondering about what I was going to write my SWOT analysis on, I decided to go for what I know best: Beauty Products! I decided to conduct a SWOT analysis on Ulta Salons and Cosmetics. The acronym, SWOT stands for strengths, weakness, opportunities and threats of a particular company.…

    • 2063 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Swot Analysis

    • 512 Words
    • 3 Pages

    This analysis of Old National Bank starts with a brief SWOT Analysis and then takes a look at the current deposit marketshare of Vanderburgh County in Indiana.…

    • 512 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SWOT ANALYSIS

    • 619 Words
    • 3 Pages

    Focus on research and development (R&D), helps Hershey to gauge the emerging market for healthier snacks options.…

    • 619 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    This paper I will discuss the SWOT analysis of McKendree University. It has been said that the time given to achieve a class while at this university is not lengthy and is a disadvantage. However, the university offers different professional programs to develop students within the allotted time and still create a culture of experiences and campus life beyond the classroom. This would also create an environment supportive of attending McKendree University after military obligations and raising a family.…

    • 2126 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Swot Analysis

    • 737 Words
    • 3 Pages

    References: Faloye, A., Krishnan, A., Schaff, N., Reuer, M. & Meyer, S. (2010). Coinstar. Retrieved…

    • 737 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    swot analysis

    • 949 Words
    • 4 Pages

    The biggest strength of this company is the uniqueness of the product. Indeed, even if the company has a wide range of direct competitors (Skinny Dip, Fairy Secrets, Element Tree…) is 2 in 1 candle is still an uncommon product. The uniqueness of the product can attract the curiosity of prospect customers and therefore stay ahead of their competitors.…

    • 949 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    SWOT Analysis

    • 760 Words
    • 3 Pages

    Spreading product to an international market by being owned by a Belgian based company, InBev.…

    • 760 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Swot Analysis

    • 643 Words
    • 3 Pages

    Please discuss how marketing strategy fits within the larger framework of business strategy. Provide an example of a company (from any industry) that successfully integrates marketing strategy into its overall business strategy, mission and vision. Or, give an example of a company whose marketing strategy doesn’t fit well with its business strategy, mission and vision, and explain why this is so.…

    • 643 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Swot Analysis

    • 564 Words
    • 3 Pages

    - Oral Expression—“The ability to communicate information and ideas in speaking so others will understand” (www.onetcenter.org).…

    • 564 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Vision Statement: Creating a strong consumer brand by becoming market experts with experienced leadership, while holding construction projects by building relationships with our clients and partners.…

    • 338 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Swot Analysis

    • 397 Words
    • 2 Pages

    Eu Yan Sang was founded in 1879 by a young man, Eu Kong. Eu Kong came from a small village in Guangdong, a state of southern China in 1873. Eu Kong opened his first shop in Gopeng, Perak in Malaysia with the name Yan Sang, which provide the nature Chinese medicines for tin mine coolies. Yan Sang is made up by the words “Yan” and “Sang”…

    • 397 Words
    • 2 Pages
    Satisfactory Essays