weaknesses does Macau possess? 1. Macau is one of the two Special Administrative Regions (SAR) of China‚ with an area of 29.5 square kilometres and a population of about 631‚000 (DSEC‚ 2014). As a popular Asian travel destination‚ it is heavily reliant on tourism to support its economy. In the third quarter of 2014‚ Macau visitor arrivals increased by visitor arrivals increased by 11% year-on-year to 2‚654‚18 (DSEC‚ 2014). Tourism industry is the most important industry in Macau. It mainly focuses
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History Wynn Resorts‚ LTD was formed by former Mirage Resorts Chairman/CEO Steven Wynn on October 25‚ 2002‚ who currently serves as the Chairman of the Board and CEO of Wynn. His knowledge of the gambling and casino industry is indispensable to Wynn Resorts‚ as he is accredited to turning the luxury casino industry in Las Vegas into what it is today. Wynn’s mission is: “A commitment to providing an elegant environment‚ high quality amenities‚ a superior level of service and distinctive attractions
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Title: Wynn Resort 1.) Purpose To know if what is the overall strategy of Steve Wynn to make Wynn Resorts‚ Ltd. on the right track and quite a remarkable company. 2.) Statement of the Problem There are three problems which I found out in the case‚ and these are the three challenges that Wynn will have to face‚ and the future may throw some curveballs along the way. First is need to secure a way to maintain the competitive advantage as increased competition is introduce both domestically
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BUSI-1493 International Business Management - IBM Report Title 4 Wynn Resort‚ Limited: Market Entry into Macau with Strategic Analysis Word count: 3‚087 Table of contents | | Title | Page | Introduction | | (i) A brief history of Macau and background of Macau gambling industry | 3 | (ii) Steven Wynn | 5 | (iii) Wynn Macau‚ Limited | 6 | PORTER’S Five Forces Analysis | | (i) Threat of substitutes | 6 | (ii) Entry of competitors | 7 | (iii) Bargaining
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What do you think of the future of Macau? Macau situated in the Pearl River delta which is a dynamic place. Macau transforms into a highly urbanized place over the period of the last seven years. Now the Macau government is doing sea reclamation to increase the land area of Macau so that urban planning to be more balanced with the environment. This is due to the projection of increasing population in Macau. The expected projection of Macau population in the year 2036 is almost 759 hundred thousand[1]
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The expansion of the Portuguese Overseas Empire to include Macau is an example of colonialism. The colony of Macau is of particular interest as it was Europe’s first presence in East Asia and the last colony to leave the region. Portuguese colonization of Macau was slow. The first contact was in 1513 when Jorge Alvares and his crew anchored on the Pearl River Delta and claimed the land for Manuel I (Russel-Wood‚ 1998). Initially‚ the Portuguese established a trading port‚ once they were given Chinese
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CASE 1 : WYNN RESORTS Question 1 : What are Wynn Resorts’ distinctive resources and competencies ? Wynn Resorts Limited is a company which operates in casino and gambling industry in the US and Macau. It was created by Steven Wynn and made intitial public offering on NASDAQ on Octorber 25‚ 2002. The company own Wynn Las Vegas Resorts & Country Club‚ Encore at Wynn Las Vegas in the US and in Macau‚ the company have Wynn Macau Resorts and Encore at Wynn Macau. It is undeniable that one of
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Internal Analysis Functional Level Strategies/Mission Wynn Resorts‚ Limited mission statement is: “Wynn resorts strive to be the leading provider and choice of elite‚ Luxurious casino and resort experiences worldwide.” (Mathlouthi‚ “Wynn Resorts”) Wynn resorts utmost essential operational strength is the founder himself‚ Steve Wynn. Mr. Wynn has over thirty years of experience in Las Vegas. His prime connections‚ alliances and expertise within the industry that he holds‚ cannot be easily replaced
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Solovjova Case 2: Wynn Resort SWOT of Company Strenghts | Weaknesses | * Steve Wynn * experienced management team * premiere spot on Las Vegas strip‚ and home to the only golf course * strategic development of its product - luxury‚ high-end product‚ high brand value | * complete dependance on Steve Wynn * focus on high-end customers | Opportunities | Threats | * legalization of gambling in US and abroad * holder of one of fours licenses in Macau * increased social
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Studies Publication details‚ including instructions for authors and subscription information: http://www.informaworld.com/smpp/title~content=t713695955 UNDOCUMENTED INDONESIAN WORKERS IN MACAU Amy Sim; Vivienne Wee To cite this Article Sim‚ Amy and Wee‚ Vivienne(2009) ’UNDOCUMENTED INDONESIAN WORKERS IN MACAU ’‚ Critical Asian Studies‚ 41: 1‚ 165 — 188 To link to this Article: DOI: 10.1080/14672710802631210 URL: http://dx.doi.org/10.1080/14672710802631210 PLEASE SCROLL DOWN FOR ARTICLE
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