1.Develop and explain a recommended corporate strategy for MGM Resorts International. What competitive strengths does this strategy exploit? How is the strategy different from the current strategy? What are the risks associated with the new strategy and its chances for successful implementation?If the current strategy is considered to be the best alternative, carefully and thoroughly discuss and explain why?

2.For MGM, develop and explain a recommended financing strategy. How much additional financing is needed? What should be the sources(s) of that new financing and why?Estimate the costs of the new financing?If the current financing strategy is considered to be the best alternative, carefully and thoroughly discuss and explain why?