WHAT’S BEHIND MACAU’S BUSINESS DISASTER?

Abstract

MACAU, MACAU BUSINESS, MAG, MB, MB FEATURED, OPINION | BUSINESS 101. WHEN COMPANIES PLAN THEIR BUSINESS MODELS, TYPICALLY THEY MUST CONSIDER, AMONGST OTHER MATTERS: THEIR PRODUCTS AND/OR SERVICES||DEMAND||MARKET(S) AND THEIR ENVIRONMENTS (ECONOMIC, POLITICAL, CULTURAL, SOCIAL)||EXISTING, POTENTIAL, AND LIKELY COMPETITION||START-UP AND ONGOING COSTS AND EXPENSES||EMERGENCY FUNDING||MARKETING AND PROMOTION||INCOME STREAMS, REVENUE, AND DELAYED PROFIT||SALES||DISTRIBUTION||CASH FLOW||PROFIT MARGINS, GROSS AND NET||LIABILITIES||RISK ANALYSIS, EVALUATION, AND HANDLING||CONSTRAINTS AND THE ‘WHAT IF’ FACTOR||FLEXIBILITY, ADAPTABILITY, AND ADJUSTMENT.