Strategic Management in a Global Environment ( Emirates park resort ) - Case Study Example

Only on StudentShare

Extract of sample
Strategic Management in a Global Environment ( Emirates park resort )

Their most common competitors are resorts and facilities that tend to attract tourists such as; hotels, parks, ski areas, clubs and bars that readily offer leisure activities, game parks, and zoos. As more people continue to know and get enlightened on why to invest in the Middle East and Abu Dhabi to be more precise, new, stronger, aggressive and swifter competitors come into the picture (Saxena, p48). Hence, it is a fact that the external environment of Emirates Resort Park is ever in a dynamic change.
There are different definitions of corporate governance, and none of the numerous definitions seem to be sufficient and conclusive enough to define the term corporate governance. But to be sufficiently general at these matter, the term corporate governance can be thought to mean the structure, system and way of administration of an organization that determine the direction and magnitude of development of the institution and how it can achieve its future prospects. It can be thought to mean what is done by the institution’s administration in order to realize its goals.
The Emirate Resort Park has a remarkable corporate governance that has helped it to grow from the small Resort it was back in the year 2004 to what it is eleven years later. Its corporate governance is ever introducing new projects and engaging them to completion. These new projects are aimed at giving its visitors or tourists a much better customer experience and also to ensure that it is ever growing to a better place for tourists and also for its workers.
One of the projects was its expansion. This is done in order to have more animals in the park and increase the size of the area for the people to interact with the animals. Since it was realized that the parking area is tremendously big. The administration has considered reducing the size of the parking as they give the space to areas that demand more space. Another is the introduction of ...
Download paper

Summary

It is a private company owned by Major General Nasser Salem Al Nuaimi Lakhraiba; he works for the police force in the United Arab Emirates. The prestigious hotel is located in Abu Dhabi…
Author : brendanstiedema

Related Essays

Business Environment and Strategic Management
After 1960, the company focused on production of cars and it hit the market with the Civic which was an eco-friendly and economic vehicle once again winning the hearts of American drivers, it went on to make the accord which became the most popular vehicle in the United States. Honda has since then diversified its products and today it is also involved in the manufacture of solar cells, Aircraft through its subsidiary company Honda Aircraft, power generators among other products. However its main business is the production of vehicles, it is the largest manufacturer of motorcycles in Japan and...
12 pages (3012 words) Essay
Strategic Resort Management
Lastly, the paper would also build a case for different actions that could be used to counteract the perceived threats and try to look for options which would help in meeting the anticipated opportunities.
...
7 pages (1757 words) Essay
Resource Based View of the Firm to Strategic Management in a Global Environment
Organization refers to systems and procedures that lie outside hard assets yet add value to profitability. Globalization requires that we expand the definition of resource to include intangible assets that are not easy to measure in terms of dollars.
...
3 pages (753 words) Essay
Business Environment And Strategic Management
has necessitated these firms or the industries to invest in new technology or new systems that assist in reducing costs while at the same time enhances efficiency, which in turn results in higher profits. It is important to note that such initiatives are not the preserve of firms and industries in the higher echelons. This means that company CEO or industry leaders are increasingly on the lookout to for demands that are strategic and complement fully the operations of the firm or groups of firms in the industry. Various firms in a bid to be ahead of the pack are increasingly adopting new...
18 pages (4518 words) Assignment
REMOTE ENVIRONMENT (Strategic Management)
Forces that impact the dynamics of a particular industry includes the ease with which new firms can enter an industry, the bargaining power of both the suppliers as well as the customers, the availability of different substitutes within a particular industry and the intensity of competition between different firms operating in a particular industry (Porter, 2008). The enterprise competitive position helps in identifying the level of competition that is taking place in the environment in which an organization is operating. Customer profile helps an organization in identifying the needs and...
1 pages (251 words) Essay
Global Environment/ labor (Strategic Management)
One way of deciding what to outsource and what not to outsource, McDonald’s could have used Outsourcing Decision Matrix. According to this matric an organization should never outsource those jobs that have a major impact on the operations and smooth running of the business (Hassanien, 2013). Fries is one of the most important part of the meals that McDonald’s offers to its customers. It is served independently as well as along with the burgers that are being sold by the company. Therefore they have a major impact on the operations of McDonald’s in Japan. Due to this McDonald’s should...
1 pages (251 words) Essay
Business Environment and Strategic Management
Through its major divisions, Primark is focused on the expansion especially on the clothing lines not only in the Ireland, but also in different parts of the world (Shawcross, 2014). In the next few months, the company plans to add a further 41 stores with an approximate total investment of 700 million pounds. Among the new stores that were recently added include; Dundrum Town Centre and Dundalk (Ireland), Cardiff, Oxford, Hull, and Sutton (Choi et al., 2013).
...
16 pages (4016 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!