MGM Essays (Examples)

56+ documents containing “mgm”.


Sort By:

Reset Filters

MGM esorts International Strategic Management
Validating the organization's vision, mission and values statements

In order to validate MGM esorts International's vision, mission, and value statements, it is important to understand the organization's current and future proposed activities. This is because these define the potential and the possibilities of the company. This can be seen in the short- and long-term objectives that are set by the management. When these reflect the ideals states in the vision, mission and value statements, it can be said that these are aligned with the strategic direction of the organization. Specifically for the vision, the long-term goals are important. This is because they show whether the organization's management is reviewing and reflecting on their vision while making these objectives or goals. For the values, an analysis of the organization's culture can be able to tell whether the organization's strategic plan are in line with its stated values.

For MGM….

MGM Grand Hotel Fire
PAGES 2 WORDS 756

MGM Grand Hotel Fire
Writing

In MGM Grand Hotel, most of the casino and arcade levels came equipped with an automatic sprinkler system. There were other areas, such as the main casino, deli, and coffee house, that were not protected with sprinklers. (Best & Demers, 1980) Furthermore, there were sprinklers present on the top most floors of the hotel, yet there were no sprinklers present on the majority of the floors that composed the hotel. According to blueprints, the hotel building came equipped with standpipes so as to be connected to fire department equipment. There were additionally some hoses, protected by glass, in high traffic areas for guests. According to Best and Demers' report (1980), there were at least five hydrants in the immediate vicinity of the MGM Grand Hotel.

The hotel's fire suppression systems extended further into the ventilation systems. Air was heated, cooled, and circulated by the hotel's heating ventilation and….

One issue on which a need for emphasis is felt at this time, and which has only succinctly been mentioned previously, revolves around the internal operations of the organization. In this order of ideas, MGM Mirage's operations consist of "17 wholly-owned casino resorts and 50% investments in four other casino resorts, including Bellagio, MGM Grand Las Vegas, Excalibur, Circus eno and Silver Legacyof Grand Victoria [...]. Other operations include the Shadow Creek golf course in North Las Vegas, two golf courses south of Primm, Nevada at the California state line, and Fallen Oak golf course in Saucier, Mississippi" (MGM Mirage 2007 Annual eport).
4.2. MGM Mirage External Environment

The most adequate manner for conducting an analysis of the external environment is that of developing a PEST analysis. This analysis considers the forces belonging to the political, economic, socio-cultural and technological backgrounds and which could affect the operations and achievements of MGM….

MGM Grand Casino Opened in
PAGES 6 WORDS 1691

The same is true of the table games manager. The use of analytics for streamlining casino operations security is also becoming more commonplace.
MGM Grand Marketing

MGM Grand casino has one of the most intensive marketing programs in the industry with entirely revamped websites, intensive use of social media, and the use of celebrity spokespersons to further bring credibility and status to their brand (MGM esorts International, 2013). The loyalty program is among the most generous in Las Vegas with immediate hotel discounts given just for signing up, and the accumulation of gambling points that never expire. MGM Corporation reports that their churn rate is below 20%, which is exceptional given the highly competitive nature of their business (MGM esorts International, 2013). MGM Grand marketing is also concentrated on the highly affluent segment of 25- to 40-year-old singles or dual-income no kids market segments with incomes over $100K a year (MGM….

MGM Grand Fire
PAGES 3 WORDS 918

fire at MGM Grand in Las Vegas. The writer discusses the cause of the fire as well as many aspects of the response from emergency management. There were five sources used to complete this paper.
One of the biggest fears that travelers have when they check into a hotel is fire. The thought of a fire breaking out in a high rise hotel and killing people before they can be rescued goes through the mind of millions of tourists each year. Often they calm themselves with the reminder that it is a one in a million chance. That may have been what the patrons of the MGM Grand Hotel believed on the night before November 21, 1980(Koch, 2000). By the 22nd they knew the odds had caught up and a fire broke out.

The hotel fire made international news and provided the basis for fire studies throughout the country. Following the….

Capital Structure Analysis: Mattel, Clorox and MGM esorts
According to a report in the Journal of Applied Economics, companies with earnings/price ratios that are higher than their estimated after-tax borrowing costs, like Mattel, demonstrate that managers of publicly traded companies are in fact reluctant to make capital structure changes. Clorox, and MGM esorts International also fit into this category, per my hypothesis. I suggest a radical move for these risk-averse managers based on my analysis of their balance sheets: paying down debt with cash-on-hand for all three of these companies and eschewing the tax lawyers' advice -- conventional wisdom from a time when interest rates were higher -- that has gotten them into this unsustainable level of debt at the current moment. These companies are paying junk bond prices the interest rates for their debt. They shouldn't have to do so.

Main Body

COST OF CAPITAL ANALYSIS OF MATTEL

U.S.-based Mattel Inc. (NASDAQ: MAT)….

Business Studies
ecommendation of a Growth Strategy for MGM esorts International

MGM esorts International is a major leisure and gaming organization. The company is undertaking a great strategy as seen with the organic growth which is taking place through the development of new resorts, including the current development of MGM Coati, which is scheduled to open in 2016, as well as the proposed development in Ontario, to be undertaken in partnership with Fairview Cadillac (MGM, 2013). Other plans for further development are also being considered. However, if an organization wishes to undertake an aggressive growth strategy, it is necessary to consider the different potential strategies which may be utilized. The aim of this paper is to consider the way in which MGM results International may undertake a growth strategy, considering the different options which are available.

Ansoff defined four potential methods of growth based on two dimensions; products and markets, and whether the….

Film History
PAGES 18 WORDS 8657

movie industry in America has been controlled by some of the monolithic companies which not only provided a place for making the movies, but also made the movies themselves and then distributed it throughout the entire country. These are movie companies and their entire image revolved around the number of participants of their films. People who wanted to see the movies being made had to go to the studios in order to see them. They made movies in a profitable manner for the sake of the studios, but placed the entire industry under their control and dominated over it. The discussion here is about some of those famous studios inclusive of that of names like Metro Goldwyn Mayer, Culver, RKO, Paramount Studios, Warner Bros, 20th Century Fox, Walt Disney Studios, Universal Studios, Raleigh Studio, Hollywood Center Studio, Sunset Gower Studio, Ren-Mar Studios, Charlie Chaplin Studios and now, Manhattan Beach….

Performance Measurement for Project Management
Every enterprise which employs a diverse and multifaceted workforce to facilitate organization, production, and service, from major international corporations to local community churches, utilizes a concept known as performance management to maximize their efficiency and effectiveness. The field of performance management has been defined by managerial researchers as a "strategic and integrated approach to increasing the effectiveness of companies by improving the performance of the people who work in them and by developing the capabilities of teams and individual contributors" (Armstrong and Baron, 1998), and the technique has been used since the 1970's by businesses seeking to improve their organizational results. For the sake of the MGM Grand Hotel and Casino's proposed luxury tour bus renovation project, it is essential to examine the complex issue of performance management from the varying perspectives of the different stakeholders involved, including the project's sponsors (MGM Grand Hotel and Casino),….

It was a film based on a novel authored by E.B. White and it received widespread critical acclamation. The limited animation technique posed threat to the success of the company later in the 1970's. With the earning of $60million a year Hanna Barbera now failed to produce new characters and shows. Hence in 1987 the Great American Communications Group acquired the company. Further in the year 1991, Turner Broadcasting System was purchased by Hanna Barbera. In 1992, the Cartoon Network was aired by Turner Broadcasting and this set the need for library of cartoons. So the Hanna Barbera buy provided them with 3000 half-hours cartoons. The marketing strategy of Hanna Barbera was now changed with the help of Fred Siebert, the company's president. More importance was given to the international market as a result of shift in its production to Asia. The extension gave birth to new characters and….

Other studios relied on a few stars, but nevertheless did very well: Fox made an estimated $20 million on Shirley Temple, while Universal had WC Fields and Abbott and Costello. David O. Selznick split off in the mid-30's from MGM and started his own studio, relying on top-quality movies to break into the studio system's hold on the business (Dinks).
Conclusion: The reakdown of the Star System

One could argue that the star system has never left us. Even today, the drawing power of an Angelina Jolie or a rad Pitt can make the difference between mediocre and strong box-office results. "Star Power" exists as long as stars have the ability to bring a positive impact on the results of a picture. What is different from the "star system" of the 1930's is that the stars, directors and independent producers have much more power than they did at that time.

This re-emergence….

Superior Customer Value
PAGES 3 WORDS 862

Superior Customer Value
eginning in 1998, Harrah's decided that it wanted to change its business culture from an operations-driven company that viewed every casino as a stand-alone property to a marketing-driven company with a holistic view of its properties and customers (light and Turk, 2004). The organization structure was revamped to become a national distribution network with a single, unifying brand. The company was then able to execute its corporate growth strategy, one that sought loyalty to increase same-store-sales growth. This required convincing gamblers to spend less at competitors and more at Harrah's. As discussed in this paper, enterprise collaboration, competitive positioning focused on customer service and gaming in the middle market, supply chain optimization, and regulatory considerations are all significant factors affecting Harrah's ability to deliver superior customer value.

Collaboration

Instead of building glitzy casinos with attractions such as volcanoes, sinking ships and replicas of the Eiffel Tower, Harrah's developed a service-oriented….

We have an organization wide strategic plan, but most of the labs and divisions within the organization also have their own strategic plan that fits into the overall plan. I think that H/R is included in strategic planning when needed.
HR sounds very separate from the organization as a whole, but I can see how that makes sense given that at many research laboratories, different departments operate in a very independent fashion. When the organizational structure is very diffuse, it might make sense for a central HR department not to dominate selection and planning decisions. Hiring must serve the organization's strategic plan, but in this specific instance every department has a strategic plan of its own, which is presumably more specific than the general strategic plan of the entire organization. There is no singular prescription for how HR 'should be,' rather the mission of HR must be defined in the….


Moderate adherence

Quelle

http://www.quelle.com

Quelle is a company specialized in mail ordering. The company's website provides full information on the company's products and services, pricing, delivery and payment conditions. However, in my opinion, the main problem is the overall aspect of the website. The website is simply quite crowded. It is quite difficult for a new user to orient around the website and to find the items of interest to him.

Good adherence

Drive

http://www.drive.com.au/

Through this website, customers can purchase new or used cars, and bikes and scooters. The design is quite simple, the information is easy to access. The website is consistent in using design features and colors. All in all, this website is very easy to use for anyone.

egarding the issue of serious eCommerce websites that might be making mistakes, my opinion is that if an eCommerce website makes such errors, this is not a serious website. Ecommerce has significantly diversified over these past….

Future of the Internet
PAGES 5 WORDS 1386

Future of Internet Gaming
The Internet has come along way from the days of UNIX commands, and inter-office emails. Beyond suffering through endless SPAM mail, the Internet has become a staple in households across the world where one can shop from the comfort of their own home, and enlighten themselves on world events and cultures.

In the new millennium though, with the evolution of technology occurring almost everyday, it is online gaming that is growing at an alarming speed (Bahlmann, 2002) and isn't showing any signs of slowing.

According to CNet (Becker, 2002a) the current $210 million gaming industry will reach $1.8 billion by 2005. Interestingly enough, there isn't one single dominant company in online gaming, and this is assuring to a public that already finds themselves limited in their Operating Software options. It's no secret that electronic games are a big business. Last year $6.35 billion worth of video- and computer….

image
3 Pages
Research Proposal

Business - Management

MGM Resorts International Strategic Management

Words: 953
Length: 3 Pages
Type: Research Proposal

MGM esorts International Strategic Management Validating the organization's vision, mission and values statements In order to validate MGM esorts International's vision, mission, and value statements, it is important to understand the…

Read Full Paper  ❯
image
2 Pages
Essay

Recreation

MGM Grand Hotel Fire

Words: 756
Length: 2 Pages
Type: Essay

MGM Grand Hotel Fire Writing In MGM Grand Hotel, most of the casino and arcade levels came equipped with an automatic sprinkler system. There were other areas, such as the main…

Read Full Paper  ❯
image
20 Pages
Thesis

Business

MGM Mirage and Strategic Management

Words: 5179
Length: 20 Pages
Type: Thesis

One issue on which a need for emphasis is felt at this time, and which has only succinctly been mentioned previously, revolves around the internal operations of the…

Read Full Paper  ❯
image
6 Pages
Research Paper

Recreation

MGM Grand Casino Opened in

Words: 1691
Length: 6 Pages
Type: Research Paper

The same is true of the table games manager. The use of analytics for streamlining casino operations security is also becoming more commonplace. MGM Grand Marketing MGM Grand casino has…

Read Full Paper  ❯
image
3 Pages
Term Paper

Recreation

MGM Grand Fire

Words: 918
Length: 3 Pages
Type: Term Paper

fire at MGM Grand in Las Vegas. The writer discusses the cause of the fire as well as many aspects of the response from emergency management. There were…

Read Full Paper  ❯
image
4 Pages
Essay

Economics

Capital Structure Analysis Mattel Clorox and MGM

Words: 1216
Length: 4 Pages
Type: Essay

Capital Structure Analysis: Mattel, Clorox and MGM esorts According to a report in the Journal of Applied Economics, companies with earnings/price ratios that are higher than their estimated after-tax borrowing…

Read Full Paper  ❯
image
4 Pages
Essay

Recreation

Strategic Choice and Evaluation

Words: 1586
Length: 4 Pages
Type: Essay

Business Studies ecommendation of a Growth Strategy for MGM esorts International MGM esorts International is a major leisure and gaming organization. The company is undertaking a great strategy as seen with…

Read Full Paper  ❯
image
18 Pages
Term Paper

Film

Film History

Words: 8657
Length: 18 Pages
Type: Term Paper

movie industry in America has been controlled by some of the monolithic companies which not only provided a place for making the movies, but also made the movies…

Read Full Paper  ❯
image
3 Pages
Essay

Business - Management

Performance Measurement for Project Management Every Enterprise

Words: 889
Length: 3 Pages
Type: Essay

Performance Measurement for Project Management Every enterprise which employs a diverse and multifaceted workforce to facilitate organization, production, and service, from major international corporations to local community churches, utilizes a…

Read Full Paper  ❯
image
8 Pages
Term Paper

Film

Hanna Barbera History of the

Words: 2960
Length: 8 Pages
Type: Term Paper

It was a film based on a novel authored by E.B. White and it received widespread critical acclamation. The limited animation technique posed threat to the success of…

Read Full Paper  ❯
image
6 Pages
Term Paper

Film

Star System and Its Contribution

Words: 1922
Length: 6 Pages
Type: Term Paper

Other studios relied on a few stars, but nevertheless did very well: Fox made an estimated $20 million on Shirley Temple, while Universal had WC Fields and Abbott…

Read Full Paper  ❯
image
3 Pages
Term Paper

Business

Superior Customer Value

Words: 862
Length: 3 Pages
Type: Term Paper

Superior Customer Value eginning in 1998, Harrah's decided that it wanted to change its business culture from an operations-driven company that viewed every casino as a stand-alone property to a…

Read Full Paper  ❯
image
2 Pages
Essay

Business - Management

Roles and Responsibilities of the

Words: 905
Length: 2 Pages
Type: Essay

We have an organization wide strategic plan, but most of the labs and divisions within the organization also have their own strategic plan that fits into the overall…

Read Full Paper  ❯
image
5 Pages
Thesis

Education - Computers

Ecommerce Revenue Models The Revenue

Words: 1300
Length: 5 Pages
Type: Thesis

Moderate adherence Quelle http://www.quelle.com Quelle is a company specialized in mail ordering. The company's website provides full information on the company's products and services, pricing, delivery and payment conditions. However, in my…

Read Full Paper  ❯
image
5 Pages
Term Paper

Recreation

Future of the Internet

Words: 1386
Length: 5 Pages
Type: Term Paper

Future of Internet Gaming The Internet has come along way from the days of UNIX commands, and inter-office emails. Beyond suffering through endless SPAM mail, the Internet has become…

Read Full Paper  ❯