Question

company: las vegas sands hotel

What is the company’s business model? Please elaborate.

o Do you believe the company’s business model is working?

  

▪ If yes, why and how are the business model working?

  

▪ If no, why is the business model not working?

Answer 1

Las Vegas Sands Hotel:

Las Vegas Sands Corporation is an American casino and resort company which is established in the year 1988. It belongs to the tourism and hospitality industry where most of the people from all over the world most visited. It is located at Paradise, Nevada, U.S.

The business model is defined as the main source for the company growth and a plan for its operations that makes company more successful in running its business, through which that can identify resources and customer service etc.

• The business models of Las Vegas Sands hotel are Innovative and new developments that builds green buildings are the basic model of Las Vegas Sands. The best technologies with world class infrastructure.
• The next one is supply chain sustainability which is one of the main model for the company’s development and expansion.
• Its concern towards environment and community development and natural resource conservation.
• In terms of managing the financial transactions, cost and revenue generation
• Customer required services are also one of the reason.
• The company is best in organizing the stakeholder’s engagement and   team collaboration which is important for organization development
• The key resources are its resorts and casinos which generates huge revenue to the company.

As the company is growing day by day of course the business models are working for the company. The company is best in research and development and organizing innovative works which again brings lot of revenue to the company. The company best concentrates om its business models in organizing its financial transactions effectively and providing world class services in an efficient way so that most of the customers attracts towards it. Even the games and entertainment are the best in the company.

The business models are working for Las Vegas Sands hotels because of that the company expands its services to different parts of the world. The green and environmental buildings that it operates and develops brings great attention of customers. Its world class services in various fields also one of the best part of the company.

The company best pin generating revenue by organizing various services and entertainment programs.

The company best in attracting its stakeholders and engaging them in their regular business units for better understating and transparency.

The best committed customer service and customer engagement of Las Vegas Sands hotels.