Maslow’s Theory of Needs:
It is a psychological theory founded by Abraham Maslow in 1943. The pyramidal table is made for the purpose of meeting the specific needs and requirements of man.
Starting from the bottom of the pyramid stating the most needed which are: Breathing, food, water, sex, sleep, homeostasis, and excretion; and the less need which are self actualization like morality and problem solving.
The Importance of Maslow’s Theory of Needs
Many Businesses run by skilled managers very much appreciate the use of Maslow’s theory of needs. Every manager has to be aware of the primary things of needs for their customers, they reflect on the model above to fulfill the needs of the customers. Companies have to know what kind of business are they running, and what are the specific needs of customers they need to fulfill; and Abraham Maslow’s theory is just the perfect set of example for many businesses even though not all will reach the highest point of the hierarchy.
The Sand Corps consists of a variety of hotels that is located in many areas. Maslow’s theory of needs starts at the very bottom indicating the most important needs of customers, which are Breathing, food, water, sex sleep, homeostasis, and excretion. The SANDS Casino has well met the standard physiologically; they provide food, and shelter. They fulfill this level as all of their hotels provide a wide range of food, beds and rooms. The wide range of food is from fast food to fine dining. In addition, the bed and rooms will satisfy and pleasure the customer. Another primary need of human physiologically is sex; The SANDS corp. however does not meets this primary need as they keep an appropriate profile in all their hotel chains including the one in Las Vegas, but they open cabaret shows for guest to enjoy responsibly. The SANDS hotel chain provide huge no. Of accommodation around 5000 rooms for different prices starting from luxury suite rooms...
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