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Mandalay Resort Group Case Study

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Issue:

History

 

Written by:

Barbara G

 

Date added:

July 30, 2015

 

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Grade:

A

 

No of pages / words:

1 / 178

 

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7234 times

 

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They should also develop mission and vision statements so that they can have achievable goals for their company and strategic plan to get there. MRG should also try to expand internationally and look for possible joint ventures.
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At the beginning of 2005, the revenues associated with each division included casino revenues of 47.4% of total, food/beverage 17.9% of total, hotel 28.2%, and other 13.3%. Overall revenue was slow growing at only 1% between 2002 and 2003 but increased by 5.8% in 2004 and 2005. Total debt to assets was at 63%, which shows that Mandalay Resort Group was heavily in debt to keep up with competitors...
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