vThe country manager simulation let us learn how to be a manager for a company expanding internationally. These are five things that I learnt during the simulation: • Benchmarking is not always true When we enter a new market‚ benchmarking will be useful for us to give the idea how to make a decision by learning the competitors design their marketing plan. However‚ in this simulation‚ I realize that not all of the competitors did is the right thing. For example‚ we always looked at the promotion
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The Constitution Simulation have depicted a clear an unbiased picture of the state of the land after the revolutionary war. A widely divided country with deeply rooted issues. Suffice to say the population was not very fond of government especially strong central government. The founding fathers‚ Madison‚ envisioned the new constitution as the foundation of the new republic “a mean to improve the weak”. According to the Constitution simulation‚ one of the driving force of the resistance to the new
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Pizza Store Layout Simulation University of Phoenix Introduction The concept of the learning curve is a powerful tool and is applicable to all learning processes. In this simulation I became the manager and ran the Pizza store hoping to produce a better process for the amount of time a customer waits for their order. The goal of my job was to apply the learning curve concepts to test the alternative against the current process of the Pizza store. I will explain and provide information
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Change management simulation As CEO and founder of Spectrum Sunglass Company‚ I want to bring a change in the company that can make the company and its products more environmentally sustainable. To do that‚ I need to convince 20 managers at Spectrum to adopt my initiative in 96 weeks. And I used 85 weeks to reach that goal. Here’s what I did. At the beginning‚ I want to let them be aware of this initiative as soon as possible‚ so my first 3 choices are to issue e-mail notice‚ walk the talk
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Economic Issues Simulation 440 June 3‚ 2013 Janine Lewis Economic Issues Simulation Health Maintenance Organizations (HMOs) have an important role to their patients and their health care providers. Castor Collins Health Care Plan was found in the year of 1999‚ in Pantome. This particular HMO service provide health care insurance and health care services to a variety of physicians and hospitals. This company used the capitation idea for compensation to pay its health care providers
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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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Ethical Issues Ethical Issues In this paper the author will explain his point of view from the simulation. He will discuss the decisions made in the simulation. He will describe his perspectives and lenses found in the simulation. And finally he will discuss concepts that relate to his situations on the job. The lab got behind on a few projects and did not finish testing a particular product until it was sent out to stores. When the lab did tests‚ they found a contaminate in the product. All
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Orders arrive randomly throughout each 24-hour day. It is now day 730‚ two years after Jacobs began producing and marketing the chemical. A new foam technology is in development at Jacobs that will render all production capacity and inventory of the current foam obsolete and worthless on day 1460. All customers are aware of the pending new technology and as a result‚ demand will decrease to zero on day 1460. Operations and Finance Jacobs’ distribution network consists of a single factory and
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On Friday July 15‚ my group of medical student visited the simulation laboratory. After climbing a couple sets of stairs we were broken off into three different groups for three different sets of activities. The first for me a combination of a couple of simulations. The first one was a simulation designed to help surgeons further develop their skills. We used small clamps to pick up and move rings to different poles. This seems quite simple but we had to do it looking at a monitor that projected
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Running head: SUPPLY AND DEMAND SIMULATION Supply and Demand Simulation University of Phoenix ECO 365 Supply and demand is considered a basic economic concept‚ as well as a vital part of a free market economy. In whereas supply is the amount of something‚ such as a product or service‚ demand is the amount of the product or service that buyers want to purchase. The relationship between supply and demand has a good deal of influence on the price of goods and services. In the scenario‚ a number
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