a) Background and Motivation The Cirque du Soleil‚ the arguably most famous circus in the world‚ has been founded in 1984‚ in Quebec‚ Canada. The two initiators of this company‚ Guy Laliberté and Daniel Gauthier‚ have always seen circus with a modern eye. Effectively‚ their power of creativity and their visionary ideas have been the key ingredients to make this circus a global empire. The comparative advantage which makes the Cirque du Soleil so unassailable is its creative inspiration and the perfection
Premium Cirque du Soleil The Mirage Las Vegas Strip
Case Report—Controls at the Bellagio Casino Report Introduction MGM MIRAGE is one of the world’s leading hotel and gaming companies‚ and the Bellagio is one of them‚ which attracts lots of customers every year. MGM MIRAGE operated as two segment‚ one is Casino resort and the other is resort. Company’s key revenue is from gaming and hotel‚ and most revenue was cash. This case is focused on the controls used in the casino‚ especially in difficult to control table games areas. Nowadays‚ customers become
Premium Las Vegas Strip Casino MGM Mirage
COMPANY OVERVIEW MGM Resorts International is a Paradise‚ Nevada based corporation that brands itself as a global hospitality company. It is the second largest gaming company in the world by revenue - about US$6 billion in 2009. It owns and operates 15 properties in Nevada‚ Mississippi and Michigan‚ and has 50% investments in four other properties in Nevada‚ Illinois and Macau‚ China. The company began as MGM Mirage on May 31‚ 2000‚ with the merger of MGM Grand Inc. and Mirage Resorts Inc. In
Premium Las Vegas Strip MGM Mirage
political and economic arena. Sony Corp. and Metro-Goldwyn-Mayer‚ (MGM) are two firms which consensually merged in early 2005. Both are considered to be a conglomerate. They are highly compatible and recognized to have a strong hold in the motion picture industry; however‚ Sony has other units including electronic‚ and games. Sony is a foreign firm originated and based out of Tokyo while MGM was based in the US. Before Sony and MGM considered the acquisition they analyzed the pros and cons of merging
Premium Mergers and acquisitions
Abstract Financial Presents An Overall Valuation of: MGM MIRAGE Dan Brooks daniel.e.brooks@ttu.edu Michael Dearden michaeldearden@hotmail.com Kara Walker Kara.m.walker@ttu.edu Melanie Johnson Melj524@aol.com Table of Contents Executive Summary…………………….…….………………….…3 Business and Industry Analysis Business Analysis……………………………….…………..6 Five Forces Model………………………………..………....7 Key Success Factors……………………………………..10 Competitive Advantage Analysis…………….…12 Accounting Analysis……………………
Premium Las Vegas Strip Balance sheet Revenue
Deniz Gonzalez Dc5936 MGMT 4650 04/06/2011 Review Question # 3 A decision maker can identify strategic factors in the corporation’s external environment by monitoring‚ and evaluating information. According to our textbook‚ an organization must scan the external environment to identify possible opportunities and threats before beginning strategy formulation. “Environmental scanning is the monitoring‚ evaluating‚ and disseminating of information from the external and internal environments to
Premium Strategic management Management
MGM Mirage Introduction of the Company MGM Mirage is one of the largest gaming industries in the United States and specifically Las Vegas‚ Nevada. The two people responsible for the start of this empire are Kirk Kerkorian and Steven Wynn. Kirk Kerkorian opened up the first MGM Grand in Las Vegas‚ Nevada in 1973. Steven Wynn moved to Las Vegas in 1967 and after investing in land on the strip he later opened up the Mirage‚ followed by Treasure Island and the Bellagio. The MGM Mirage was created
Premium Las Vegas Strip MGM Mirage
Case Study: MGM Resorts International 27 February 2013 Table of Contents Key Dates and General History 3-5 Environmental Analysis 5-7 Porter Analysis 7-9 Marketing Strategy 9-12 Competitor Analysis (SWOT) 12-18 Company Analysis (SWOT) 18-20 Financial Analysis 21-22 Future Trends 22-23 Recommendations 23-25 Conclusion
Premium Las Vegas Strip MGM Mirage
1. The SWOT analysis for IBM’s Smarter Planet initiative is as follows: Strengths: 1. IBM has high quality and efficient employees who satisfy all the customers’ needs and want. 2. IBM is a well-known brand name in the world. Weaknesses: 1. IBM seems to focus only on big companies whereas there are a large number of small and medium companies around the world. 2. They are exploring new products in complex markets which might make changes difficult. Opportunities: 1. Offering new technologies
Premium IBM
the same task‚ for example Grokster‚ uTorrent‚ bitTorrent‚ or StreamCast Network. In 2005‚ a Supreme Court case emerged dealing with the issue of the copyright infringement liability faced by P2P companies. The Supreme Court ruled correctly in the MGM v. Grokster case that P2P file sharing companies are liable for copyright infringement because of the uses of P2P software‚ the knowledge and intention of P2P companies‚ and how it is different from the Betamax case years earlier. P2P software has
Premium Copyright Copyright infringement File sharing