Quote:
Originally Posted by highnote
"I have always said that the key stakeholders within the horse industry are -- the racetrack owners, horse owners, trainers, jockeys, breeders and veterinarians." -- Frank Stronach
No mention of horseplayers.  |
Other than betting on the product what exactly makes the customer of any racetrack a stakeholder? They have literally nothing at risk other than the opportunity to bet on racing. Everybody else mentioned by Frank has significant financial ramifications from what transpires.
The key to every successful business is providing the customers a product that they want at a price they are willing to pay while taking care of the stakeholders. This is Econ 101.
