3 insights and questions Essay Example | Topics and Well Written Essays - 250 words - 6

3 insights and questions - Essay ExampleDiversification is a good strategy instead of foolish capital investments and the point raised by the Chairperson of Harrahs that when the novelty of the new investment fades, the grocery store also falls with time. Geographic diversification can shift the prospects of gains form ace region to other specially this reduces the exposure of firm to business cycles (fluctuations) resulting form seasons. The glitter and glamour (amenity values) is not always of the essence(p) and an interesting example is found here when the customers accepted the free rooms and lunch in one place and gambled at another.Keeping the human resources happy is also a major thing especially if a business depends mainly on them for all the functions. Harrahs is such a case. The service is more important here than the building and hence proper incentives like bonus schemes are important for an musical arrangement like this. The hotels and tourism industry, especial ly the exclusive bars in fact can learn kind of a lot from the casinos experience focused here. An industry, which is based on entertainment and just fast opportunities of earning money offcourse, has a lot to make from wise