To run business in a continuous stable way in the resent market environment of various change and the more fierce competition in the business world, the key issue of management is a company's ability of how affirmatively it copes with and how fast it ...
To run business in a continuous stable way in the resent market environment of various change and the more fierce competition in the business world, the key issue of management is a company's ability of how affirmatively it copes with and how fast it adjusts itself to the ever changing circumstances.
As in the case of casino industry, a company which sells the goods that rely mainly upon human services, responding to the environment in and out of its country, has a more urgent need for some managerial strategies to quickly adapt itself to its environment.
As a forwarding step to build those managerial strategies for casino businesses, this study has reviewed the factors of opportunity and menace to the casino business. And the author also presented some techniques of managerial strategies for strengthening its competitiveness and improving its financial balance sheet to enhance the viability of a company in these situations.
The followings were suggested as the managerial strategies for strengthening the corporate competitiveness: first, the strategy of enhancing managerial mind and leadership. second, that of strategic alliance. third, that of quality control management. fourth, that of managerial innovation. fifth, that of customer satisfying management, sixth, the marketing strategy.
And the four strategies for improving corporate finance were also drawn out: first, the diversification of products, second, the differentiation of facilities, third, the satisfaction of staff members, and lastly, the specialization of human resources.