ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT > Principles of Management ( P.O.M)

Pest Analysis On Boyd Gaming Corporation

Pest Analysis On Boyd Gaming Corporation

Discuss Pest Analysis On Boyd Gaming Corporation within the Principles of Management ( P.O.M) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Boyd Gaming Corporation (NYSE: BYD) is a Paradise, Nevada based business engaged in the development, ownership and operation of hotels ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
Pest Analysis On Boyd Gaming Corporation
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
Pest Analysis On Boyd Gaming Corporation - December 3rd, 2010

Boyd Gaming Corporation (NYSE: BYD) is a Paradise, Nevada based business engaged in the development, ownership and operation of hotels and casinos throughout the United States. The company continues to be run by founder Sam Boyd's family under the management of Sam's son, Bill Boyd (born 1931), who currently serves as the company's executive chairman after retiring as CEO in January 2008.

As of 31 December 2009, the 15 wholly owned properties had 7,550 hotel rooms, 812,500 square feet of casino space with 21,400 slot machines and 425 table games. Gaming revenue is 75% of total gross revenue. [1]

In addition the corporation has a 50% share in the Borgata, Atlantic City's newest and top-grossing casino resort.


oyd Gaming's history dates to 1941, when founder Sam Boyd first arrived in Las Vegas with his family. After being hired as a dealer, Sam Boyd worked his way up through the ranks of the Las Vegas casino industry, first to pit boss, then shift boss. He eventually saved enough to buy a small interest in the Sahara Hotel and Casino; later, Sam Boyd left the Sahara to become general manager and partner of The Mint Las Vegas.

Sam Boyd first partnered with his son Bill in 1962, when the two teamed up to acquire the Eldorado Casino in Henderson, Nevada. Bill, who was then a practicing attorney, acquired his first stake in the Eldorado by doing its legal work. Sam would go on to manage the Eldorado full-time after the Mint was sold in 1968.

Although the Boyd family had been involved in the Las Vegas casino industry for decades, Boyd Gaming Corporation wasn't founded until January 1, 1975, when the company was formed to develop and operate the California Hotel and Casino in downton Las Vegas. Then known as the Boyd Group, the company initially had 75 investors.

Boyd Gaming embarked on its first expansion in 1979, when it opened Sam's Town Hotel and Gambling Hall on Boulder Highway at Nellis Boulevard. Considered one of the first "locals" properties in Las Vegas, Sam's Town helped inaugurate the later development of Las Vegas' "Boulder Strip."

During these first two decades in operation, Sam and Bill Boyd developed a reputation for running a squeaky-clean operation. As a result, Nevada regulators turned to the Boyds for help following an investigation of skimming operations at the Stardust and Fremont casinos in the mid-1980s. The properties were notorious at the time for their extensive skimming operations; according to the FBI, anywhere from $7 million to $15 million in funds from the Stardust were diverted to organized crime figures between 1974 and 1976 alone.


T Analysis on British Airways

British Airways is engaged in air services operations both in international and domestic airfreight. It provides various services ranging in commercial flights service for passengers around the globe, cargo freight and mail services and other auxiliary services. British Airways primarily runs its business in Europe and in United States. Located in Harmondsworth, Middlesex, it employs 42, 755 people in all its departments.

British Airways facilitates flight reservation and booking using the online net services in which customers can easily access. Trying to appear competitive and maintain its integrity as one of the best airlines which emphasizes quality customer services, BA strives to create high-end terminal facilities and other services involving comfortable of customers while onboard. BA reaches out to 570 in about 134 countries. Such magnitude of operations offers customers with variety of destinations with world-class services that cater customers ranging from explorers to executives.




British Airways’ strengths include the first-rate new fleet of aircrafts purchased to accolade comfortable traveling of passengers. This move was made to counter the wretched state of travel and complaint received by the previous fleet used by British Airways. The magnitude of Airways’ operations allows them on pro over their competitors by servicing to a wider variety of customers.

Moreover, on the level of knowledge and skills, BA operational research claimed that analytical skills performed by the members of the company and employees become its strengths. The strong customer focus develops expertise in customer areas while in purchasing high-end software for air services and wide selection of it strengthens the company’s business orientation.



One of the many weaknesses on organization’s business and services is the lack of marketing strategy that will help reinforce its competitive standards, more so, to win customers loyalty. Despite the great infrastructure hosted the company, BA needs to carry out better market schemes to attract more customers. Hence, competitive package for customer service must be afforded in order to make the airline more attractive to its clients, prompting an opportunity of earning large revenues. Furthermore, on knowledge and skills management, limited knowledge of simulation software and simulation development, knowledge lost through high level of internal staff moves, teams adopt solution approaches aligned only to their skills, and lack of involvement in choice of software and difficulty to enhance specialist airline software are weaknesses which the company must be aware of.




The threats are not necessarily be found outside of company’s environment but can be an internal. Internal threats as seen in management centralized and bureaucratic system and all poor decision-making. Moreover, the company’s focus on national and local problems pose a threat since much more problems which it neglect found in the global scheme. It neglects the global problems instead focusing deeply on the national and local level. The global problems greatly offer tremendous threats if and when companies will ignore such. Moreover, globalization can be an opportunity and strength but can also be a threat if not to be keen and vigilant of its tricks and treachery. Further, rapid changes on technology and customers’ behavior can also be a threat if mistakenly interpreted and remedied.



The availability of immense services and products pose an opportunity to utilize them properly. The global changes can be an opportunity to work with while ignoring certain opportunities can be a weakness. In BA, virtual reality could provide a new use for simulation, obtaining network software and share expertise through special interest groups are opportunities which can be utilized and used to further enhance the company’s business.

Technological trends provide ample opportunities to various business domains, however, if it will be taken for granted, opportunities can be a threat or weakness. Maximizing the global trends is a great opportunity to hold on to.
Advertisements


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.

Friends: (0)
Reply With Quote
Related to Pest Analysis On Boyd Gaming Corporation
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
Pest Analysis On BB&T Corporation Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 01:17 PM
Pest Analysis On Aon Corporation Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 12:07 PM
Pest Analysis On AMR Corporation Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 11:11 AM
Pest Analysis On AES Corporation Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 09:37 AM
SWOT ANALYSIS ON Boyd Gaming Corporation Abhijeet S Principles of Management ( P.O.M) 0 November 29th, 2010 09:29 AM
 

Reply

Bookmarks

Tags
barriers to consumer, capital flows, capital investment, communication device, flow of information, food exportslow taxes, foreign capital, franchise business, highly-skilled staff, increasing demand, labelling regulations, labelling schemes, marketing concept, pest analysis, political status, price declines, production equipment, rapid development, rules of law, skilled workforce, social cultural, technology factor, trade organization, traditional, us company pest analysis

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

Management acounting
Last post by H? Ly Tinh
8 Hours Ago 10:24 PM
0 Replies
topics for project on... ( 1 2)
Last post by Hrishita Sahay
11 Hours Ago 07:43 PM
10 Replies
Hello Everyon
Last post by Bhautik Kawa
13 Hours Ago 06:12 PM
2 Replies
Indian Rupee Update by...
Last post by Market Magnify
14 Hours Ago 05:16 PM
4 Replies
Investment Banking...
Last post by Aaina Khan
15 Hours Ago 04:11 PM
3 Replies
Short Term Technical... ( 1 2 3... Last Page)
Last post by Windsor Brokers
15 Hours Ago 04:02 PM
66 Replies
Readers are advised to...
Last post by Hrishita Sahay
15 Hours Ago 03:39 PM
2 Replies
Asian Markets Update by...
Last post by Epic Research
18 Hours Ago 12:50 PM
4 Replies
Start Your Business with...
Last post by Juhani Gallen
19 Hours Ago 12:07 PM
0 Replies
Supply Chain Management...
Last post by Tom Murdoch
21 Hours Ago 10:03 AM
1 Replies
Test bank on... ( 1 2)
Last post by Yuut Muguh
1 Day Ago 01:26 AM
11 Replies
Solution manual on... ( 1 2 3... Last Page)
Last post by Yuut Muguh
1 Day Ago 01:25 AM
44 Replies
Solution manual on... ( 1 2 3... Last Page)
Last post by Yuut Muguh
1 Day Ago 01:23 AM
30 Replies
Solution manual of... ( 1 2 3)
1 Day Ago 09:30 PM
20 Replies
SSC vs CBSE vs ICSE vs...
Last post by Joel Francis
1 Day Ago 02:37 PM
0 Replies

» Projects Helpline

project on privatisation
Last post by Shatrughna Bhoir
3 Days Ago 08:05 PM
topics related to 100...
Last post by Rachini Pandey
5 Days Ago 10:35 PM
Retail Management Notes
Last post by Rajesh Nimbunkar
6 Days Ago 05:12 PM
Final Year MBA Projects...
by Raasi
Last post by Raj Raj
1 Week Ago 03:23 PM
Project Management...
by onjono
Last post by Raj Raj
1 Week Ago 03:13 PM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in