C
Crazy_winner
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SWOT analysis offers a framework for well-informed choice. Managers can make decisions that are in line with their talents and resources by being aware of the casino's strengths and weaknesses. Similar to how opportunities and dangers are seen, understanding them aids in making choices that reduce risks and maximize potential advantages. Casino managers can find potential risks and vulnerabilities by analyzing their strengths, weaknesses, opportunities, and threats (SWOT). This enables them to create risk management plans to lessen the effects of hazards like new laws, recessions, or shifting consumer preferences. Additionally, it aids in addressing internal issues and enhancing operational effectiveness.
