Casino Gambling case analysis, management homework help

timer Asked: May 28th, 2016
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Question Description

just use your own word to answer each questions. no references, no other people's idea. 

Written Case Analysis (15X4=60 Points) 

You are required to submit FOUR individual case analysis of up to three pages (Times New Roman, 12 point, single spaced) on the following 4 cases: Madonna, Casino Gambling Industry; Coach; & Nucor. Please note that Madonna & Casino Gambling Industry cases are not in the Text, and .pdf copies of these cases will be posted on to Canvas. Questions for each case will also be posted on to Canvas. The written case analysis is due on the day the case is scheduled for discussion in the class in the form of print copy (Please make sure to print out the case write-up and bring it to the class and it will be collected from you at the end of the class). Also please upload an electronic copy on to Canvas (through the Assignment link) before class begins. Please note that this document will be processed by turnitin. com to detect possible plagiarism and review originality. A write-up not submitted according to the procedures and format prescribed above will not be accepted. 

Academic Integrity & Plagiarism in Case Write-ups

 Plagiarism, especially from the internet or websites, or from previous class submissions, and from any other source is UNACCEPTABLE and will be dealt severely with under the University’s policy on academic dishonesty. The written case assignment is to be prepared on an individual basis and it is expected that the content of your written case reflects YOUR thoughts and analysis rather than the work of others. One of the criteria applied for grading the quality and originality of written case analysis is as follows: 

1. Evidence of ability to size-up the organization’s situation and to identify key problems/issues. 

2. Use of appropriate analytical techniques, sound logic, and well-supported arguments in evaluating the organization’s present condition and future prospects. 

3. Evidence of ability to formulate realistic and workable recommendations for action.

4. Thoroughness — both (a) scope and coverage and (b) depth of analysis. 

5. Evidence of ability to use good communication skills. 6. Evidence of adequate preparation, pride of workmanship, and display of professional attitude and approach. 5 Papers which, in the opinion of the instructor, employ disproportionately poor grammar and poor quality written communication skills will receive up to a two letter grade reduction.

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Intensity of Competition in the Casino Gambling Industry Please read the following 2 page write-up titled “Strategy Session 6: Forces Affecting Competitive Strategy”. After that read the case on “Casino Gambling Industry” (4 pages, attached in this document), and submit to me a 3 page written case analysis of the case questions (see below) in class. (See class schedule for date due and also for the expectations for case analysis write-ups in the Syllabus). 1. Who are the buyers in the Casino Gambling Industry? What do they buy? What do you think about the bargaining power of these buyers? High/Medium/Low? (Choose one) 2. Who are the suppliers in the Casino Gambling Industry? What do they supply? What do you think about the bargaining power of these suppliers? High/Medium/Low? (Choose one) 3. Which new firms might want to enter the Casino Gambling Industry? What are the barriers to entry into this industry? What is the level of threat of new entrants? High/Medium/Low? (Choose one) 4. Identify some substitutes for the Casino Gambling Industry? What do they substitute? What do you think about the level of threat they pose to the sales and profits of bargaining power of these buyers? High/Medium/Low? (Choose one) 5. Define the casino gambling industry. Who are the main players (or existing firms)? What is the level of intensity of competition – High/Medium/Low? (Choose one) ! ...
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Tutor Answer

School: Purdue University

Revised document. The questions are written before the answers and this could show plagiarism if you wnt the questions to be removed, let me know.



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Who are the buyers in the Casino Gambling Industry?
The buyers of this industry are the direct community members, tourists, and wealthy
individuals. The tourists are the main buyers of this industry followed by the wealthy individuals
and the community members. Tourists in the gambling hubs such as New Jersey, Nevada or
Macau in China account for the main consumers of the gambling industry.
What do they buy?
The customers can purchase lottery tickets, buy chips to play games such as Roulette or
Blackjack, which can be exchanged for different monetary values, they also trade in money for
coins to play various slot machines at the chance of gaining more money. The buyers in the
industry are interested in entertaining events. The main motive of the buyers of this industry is to
increase their monetary gains by winning in the entertaining games. The games provided the
buyers with an entertainment event that has the ability to increase the amount of value they have
paid. The games in this industry provide the buyers the ability to increase the value of their initial
What do you think about the bargaining power of these buyers?
High/Medium/Low? (Choose one)
I believe that the bargaining power of these buyers is low since they do not have
association or group that campaigns for them to get better chances of winning while playing in
the casinos. The buyers are the consumers and therefore are the mercy of the Casino Gambling
companies which have the right to determine how much a game is worth and who have the right
to play in their casinos. The buyers of the casino gambling services have no outlet of stating their
exploitation at the hands of the casino gambling companies. The buyers in the industry rarely get
support and therefore have limited bargaining power to determine the cost of services and
products being offered by the industry. The casino gambling industry can set the amount to pay
for individual games and services without having to consult the buyers which means that the
power in the industry lies with the Casino Gambling industry and services the power to increase
their profits by determining the set prices for their services.
2. Who are the suppliers in the Casin...

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