Running head: SPOKANE CASINO BUSINESS PROBLEM
Spokane Casino Business Problem
Bryan
University of Phoenix
MBA/510: Managerial Decision Making
March 8, 2007
Spokane Casino Business Problem
Over the past decade the gaming and casino industry has enjoyed consistent annual revenue growth. In addition to being an increasingly popular form of entertainment and leisure, casinos have proven to be an undeniable catalyst for economic growth and a driver of commerce. No longer are casinos limited only to destination cities. Across the country world-class casinos, hotels, and entertainment venues are growing and thriving, and play an increasingly prominent role in today's economy (American Gaming Association). The Spokane Casino is no exception. In response to industry growth, the Spokane Casino is planning to expand and build a hotel which will employ 300-500 new employees, and needs to evaluate the viability of the project within Spokane County.
Spokane Casino problem statement
The Casino must determine if Spokane has the potential workforce to supply a sufficient number of qualified individuals to fill the estimated 300 to 500 new positions that will be created.
Independent and dependent variables
There are many variables affecting Spokane Casino that it will need to take into consideration. Identified independent variables, or known attributes effecting Spokane that will influence the level or presence of dependent variables, include age, gender, and the attrition rate of the hospitality industry. Dependent variables are ones whose value is the result or is a function of the control or independent variable. Those identified for the purpose of this study include people available for employment, area growth rate ...