MGMT102: STRATEGY LAS VEGAS SANDS CORP. Table of Contents Executive Summary 4 Company Profile 4 The External Environment 5 Environmental Analysis 5 Industry Analysis 7 Competitor Analysis 9 Future Trends 10 The Internal Environment 11 Resources 11 Capabilities & Core Competencies 14 Value Chain Analysis 17 Performance Analysis 18 Strategic Issues 19 Recommendations 20 Reducing the Reliance on Debt 20 Las Vegas: Pursuing New Business Level Strategies 21 Building
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Diversification Economy in Las Vegas “Las Vegas is lagging behind many cities in the recovery because we were in much worse shape than most cities‚” David Christianson‚ who is a TCA 449 professor in University of Nevada‚ Las Vegas who is a knowledgeable international tourism professor said so in my personal interview‚ “Since we are a mono economy‚ any kind of diversification would be helpful.” The dominating economy in Las Vegas are from gaming‚ tourism‚ convention and meeting‚ which then could
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How did Bill Harrah and Bugsy Siegel change the face of Las Vegas to what it is today? What are some of their ideas that are still used within hotels/casinos today? Bill Harrah was one of the first to introduce corporate management philosophies in operating a casino. Bugsy Siegel was the first to modernize the casino industry with décor of the casino/hotel with a Miami or Hollywood flashy style rather than the western theme Las Vegas was accustom to. 2. What did Howard Hughes successfully
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Las Vegas‚ Nevada is known by its nickname “sin city” and is most commonly associated with its large casinos and “I ran away and got married” wedding chapels. However‚ there’s a lot more to this famous city that most people aren’t familiar with. From extravagant stage productions to hands-on educational attractions‚ there really is something new around every corner. The Las Vegas strip features numerous attractions and attracts almost forty million people every year. One of Vegas’s most known
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and setting. The book takes place mainly in Las Vegas‚ in 1971. It takes place in the deserts of Vegas during their journey from Los Angeles to Vegas. It also has places in Los Angeles such as the Beverly Hills Hotel during exposition or flashback sequences. 2. Main characters- Who are they? How are they involved? What do they look like? The main characters are Raoul Duke and his attorney‚ Dr. Gonzo. Raoul is a sports journalist that was sent to Vegas to cover the Mint 400 race. He is someone who
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Leaving Las Vegas‚ directed by Mike Figgis and based on the autobiographical novel by John O’Brien‚ is an emotional story about an alcoholic who rejects life and wants to drink himself to death in Las Vegas‚ and an unselfish prostitute who loves him the way he is. Ben‚ played by Nicholas Cage‚ was a former movie producer in Los Angeles and has obviously crumbled in the glamour world of Hollywood which is shown in the opening scene. Here Ben is already an alcoholic when he disturbs former colleagues
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DLindsey 24 Aug‚ 2013 Course Project Final Lake Las Vegas Boardwalk Resort Tourism You are a member of a firm that specializes in the development of world-class resort hotels around various parts of the world. A client has hired your firm to create a report and recommendations for a new resort somewhere in the United States. Course Project Lake Las Vegas Boardwalk Resort Development planning A boardwalk signifies relaxation
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In the case “Viva Las Vegas‚” is shown how the Las Vegas Convention and Visitors Authority completely changed the type and quality of Las Vegas’ entertainment in order to match‚ at its best‚ anyone’s tastes. Due to cyclical demand in the travel industry‚ the hotel/casino movement was suffering a crisis which pushed LVCVA to make an extended research in 2001 that helped in targeting their markets. Data were able to show which type of ethnicity and household economy situation in order to plan at best
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welcome to Las Vegas‚ Sin City. It is the perfect destination for bachelor parties—as portrayed in the wildly popular comedy‚ The Hangover. It is an ideal getaway for young couples‚ the perfect place for a girls’ weekend out‚ and a super spot to get hitched. Vegas is a lot of things—flashy‚ exciting‚ and scandalous‚ just to name a few. There is one thing Las Vegas is not‚ though. Las Vegas is not a family friendly city. If the infamous slogan of Sin City‚ “what happens in Vegas‚ stays in Vegas‚” does
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Sin City vs. The Big Apple Abstract The purpose of this paper is to compare and contrast the two cities of Las Vegas‚ Nevada and New York‚ New York. Both cities offer a vast array of entertainment‚ luxurious accommodations‚ and world-class dining. There are many things that are close to being the same in both cities‚ a visitor is able to gamble in either place‚ a visitor is able to see a beautiful skyline‚ and take in the sights of a world famous city. There are marked differences in the
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