Preview

Business Strategy Game

Satisfactory Essays
Open Document
Open Document
352 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Strategy Game
INTRODUCTION

Encouraged by the excitement of implementing all our knowledge acquired in the classroom the Business Strategy Game enables us to show our abilities in different business strategies.
There was very good competition as a result we obtained a fifth place in the industry, the next report will detail our decisions over the ten periods of play, analyzing the different financial ratios.

THE STRATEGIC VISION FOR THE COMPANY

Using latest technology with the highest standards of quality in our raw material and the manufacturing process we offer our distinguished customers a variety of models in athletic shoes that go with your style.

COMPANY’S PERFORMANCE FOR ALL DECISION ROUNDS
In the graph below we can see what was position our company within the industry throughout over time of the playing decisions.

We started in third scoreboard, our strategy was to increase our production, from the beginning we knew that buying a new factory was going to cost the scoreboard but always there was optimism, the results did not improve but we did not lose our desire to increase our scoreboard, we were in seventh place, were decided to implement new strategies and as end result were got fourth place in the twentieth year but as final punctuation in the game we went fifth.

REVIEW OF THE FINANCIAL AND STRATEGIC PERFORMANCE

Annual revenues of our company

YEAR
REVENUES
10 $ 250
11
$ 274
12
$ 283
13
$ 247
14
$ 293
15
$ 348
16
$ 343
17
$ 301
18
$ 366
19
$ 444
20
$ 490

We had bad times in the company's income were minimal but they were always in constant growth

Company’s annual earnings per share (EPS)

Our earnings per share were falling until the

You May Also Find These Documents Helpful

  • Powerful Essays

    Pow: the Broken Eggs

    • 1166 Words
    • 5 Pages

    A farmer has some eggs in a cart, and is going to market them. She accidently breaks every egg. She doesn’t remember how many she had, but she remembers some things. She knows that when she put them in groups of 2, 3, 4, 5 and 6, there was one egg left over. When she put them in groups of 13 no eggs were left over. You need to find out how many eggs there are in total.…

    • 1166 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Corporate Strategy

    • 3375 Words
    • 14 Pages

    28. A taxpayer is considering three alternative investments of $10,000. Assume the taxpayer is in the 28% marginal tax bracket for ordinary income and 15% for qualifying capital gains and dividends in all tax years. The selected investment will be liquidated at the end of five years. The alternatives are:…

    • 3375 Words
    • 14 Pages
    Good Essays
  • Powerful Essays

    In this report, we will analyze the whole market as well as our company’s performance throughout the game. By comparing ourselves to the market, to the competitors, the differences will unveil the reasons: which part we did right, which part we made errors. Following the market analyze is our initial group objectives and strategy. Then we use section “discrepancy” to show the differences between our results to the objectives. After that, we analyze the whole group performance during the game by integrating the reports from each member. For results analysis section, we conclude all the problems we were facing and all the errors we made. Last but not the least, is the summary summarize concluding the whole reportvaluable lessons we got from this ERPsim game.…

    • 5106 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    review of the decisions and performances for the time period from January 1st, 2015 to December…

    • 11857 Words
    • 34 Pages
    Powerful Essays
  • Powerful Essays

    Business Strategy Game

    • 3058 Words
    • 13 Pages

    During the playing of the game, the win and the lost can be stimulated our team members to apply the right strategic theories to our Company B.…

    • 3058 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Business Strategy

    • 3166 Words
    • 13 Pages

    finding effective and efficient ways to strengthen the company’s competitive assets and to reduce its competitive liabilities.…

    • 3166 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    Follow this link to read online and download Business Strategy Game Simulation Quiz 1 from our…

    • 1270 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Strategy

    • 4891 Words
    • 20 Pages

    Strategic Management, what is this? It is that set of managerial decisions and actions that determines the long-run performance of a corporation. It includes environmental scanning, strategy formulation and implementation, and evolution and control. The study of Strategic Management helps us to monitoring and evaluating the opportunities and threats of a company’s strengths and weaknesses.…

    • 4891 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    panera bread

    • 560 Words
    • 2 Pages

    Last we measure the strategy. We will compare the income statement before enter the market and after enter the market. If the second chart is better than first one, it proves that our strategy is successful.…

    • 560 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Extreme Kicks is a leading manufacturer in the branded footwear market worldwide. We currently have manufacturing plants operating in North America and Asia-Pacific. The North American plant currently services all market and does not make any private-label shoes. The Asia-Pacific plant services North America, Asia-Pacific and Europe- Africa. Extreme Kicks takes great pride in producing shoes, which are quality shoes at a fair price. Our Senior Project managers ensure that the quality, quantities, and style are made available every single year. We also have a marketing staff that will ensure that distribution and marketing is set to maximize profits, and that they will manage the image of the company through celebrity endorsements, and retail support.…

    • 6894 Words
    • 28 Pages
    Good Essays
  • Satisfactory Essays

    This diagram showed out that FirstGroup has the highest revenue in these three companies. Every year’s revenue is more than 6000m, higher than the second company approximately 4000m. It means that FirstGroup is the outstanding company in competitions.…

    • 1505 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Game Report

    • 784 Words
    • 4 Pages

    The company (rihamsar International) started with 1000 000$ in its balance, the player could accept a gift from “the rich uncle” which is a group of enterprises to manage, or start building the business from the very beginning.…

    • 784 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Case Study on Avon

    • 2845 Words
    • 12 Pages

    Avon is one of the diversified cosmetics company in USA and they have implemented several strategy in order to attract more customers for their products. They have the best strength i.e. channel of distribution, loyal customers and the marketing segment which contribute more on the success of sales. However, they have certain problems such as bad-debt, new trend for green products and their not so good homey image. Avon need to implement the strategic plan laid out in this study if they are going to remain relevant to their loyal customers and simultaneously keeping a good reputation and making their name synonymous with glamorous image and good quality products.…

    • 2845 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    To create beauty for both of our customers by innovating beautiful, ethnic and traditional yet unique design jewelry based on a customer-centric approach, and to contribute to the community.…

    • 7802 Words
    • 32 Pages
    Satisfactory Essays
  • Powerful Essays

    What Is Strategy?

    • 896 Words
    • 4 Pages

    In answering the question ‘what is strategy?’, some theorists focus more on the role of strategy in allowing a firm to ‘position’ itself in an industry, hence to make choices regarding ‘what game to play’. Others focus more on the role of strategy in determining how well a given game is played. Strategy is about both: choosing new games to play and playing existing games better.…

    • 896 Words
    • 4 Pages
    Powerful Essays