1. Technical Report 1.1. Objective of the Simulation The purpose of this research is to analyze the SAMS financial institution’s probably increase in effectiveness and efficiency through implementation of an electronic document system. We make estimates about what changes to timing will occur from the proposed changes in the work process‚ and measure improvement in terms of customers cases served per week. Serving more customers per week increases the competitiveness and profitability of SAMS
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Business Regulation Simulation Alumina‚ Inc. manufactures auto parts and aluminum packaging material‚ mines bauxite‚ and refines and smelts aluminum (University of Phoenix‚ n.d.). After reviewing the simulation‚ it is easy to see how a business can be the target of legality. In this scenario‚ fingers were pointed at Alumina‚ Inc. for contaminated water that may have been the cause for a case of leukemia in a female child. In any business‚ management teams must take caution that tort and regulatory
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Competition and Strategy Business Game 15th April 2014 The aim of the Competition and Strategy course is to provide students with deep knowledge on strategic decision-making in a business environment and the strategic principles behind it. Within this course my team members Kristijan‚ Yaniv‚ George and me (Team KUGY) had the opportunity to apply our academic and theoretical understanding and knowledge in an online business simulation game‚ wherein we created our own car business and competed on the
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Introduction The Everest group simulation was an online simulation which encouraged five students to play a unique and vital role on a team of hikers. The main goal is to reach the summit of Mount Everest. The simulation stimulates practical application of concepts and theories managerial decisions‚ especially in the form of groups. The purpose of this report is to reflect on the experiences encountered in the team during the simulation and identify relation of our experience and management
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long-term speculative investments such as real estate‚ art and antiques‚ and collectibles will be avoided. Only those investments than can be traded on a short-term notice will be used. Taxes and trading costs will not be considered since this is a simulation. Investment Risk On the grounds of strong risk aversion expressed within the team‚ risk bearing in excess of general market risk is not tolerated. Moreover‚ the team strives to mitigate the inevitable share of market risk as much as possible
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SAMPLE REPORT: The ‘Stylish’ Report i) ii) Look at the assignment instructions below Now read the sample report. Read the accompanying comments on the side as you go. iii) Is this is a well-written report in your view? Could it be improved in any way do you think? ASSIGNMENT 2: The Stylish Report Background Colin Coif and Pamela Perm are the owners and operators of a hairdressing business Stylish specialising in ‘high end’ quality hairdressing services. Currently they operate two salons in
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Sample Report The Power to Understand. 800-211-8378 • PsychCorp.com Technical Report for DAS-II and WIAT-II (School Age Battery) Examinee: Age: Date of Birth: Examinee ID: Gender: John Sample 8 years‚ 5 months 2/11/1999 1 Male Report Date: Grade: Ethnicity: Examiner: 7/19/2007 Not Specified White not Hispanic Origin Sandra Behrens Spanish Home Language: Dominant Language: Translation Used: Test Administered: DAS-II (1/11/2007) WIAT-II (1/11/2007) Handedness: School: Teacher: Age at
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Pricing Simulation During twelve months‚ starting in October‚ we were responsible for setting the pricing strategy of Universal Rental Car Company‚ as the district manager for the Florida region of Orlando. It was a big role as Florida was the company’s worst performing region and had two major problems: “Stock outs”‚ which used to occur during demand peaks‚ and “unsold inventory”‚ which occurred in demand valleys. Furthermore‚ we had to deal with the competitor in an intense price war‚ as the customers
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effective overall business strategy; ------------------------------------------------- (3) Learn basic strategic management concepts (i.e.‚ strategic fit between environment‚ resources‚ and goals and strategies; mission and vision; the strategic planning process; situational analysis; industry driving forces and five forces‚ SWOT analysis‚ etc.) and gain some experience in applying these concepts in the simulation experience. COURSE DESCRIPTION: Strategic Management Capstone – The center of
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Executive Summary Our team operated and managed the Littlefield Technologies facility over the span of 1268 simulated days. Our team finished the simulation in 3rd place‚ posting $2‚234‚639 in cash at the end of the game. We did intuitive analysis initially and came up the strategy at the beginning of the game. And then we applied the knowledge we learned in the class‚ did process analysis and modified our strategies according to the performance results dynamically. We have reinforced many of the
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