MKTG6020 Reflection on Simulation (Individual 30%) The important part of the simulation assignment is what you have learned from it. As such you will be required to reflect on the decisions you made and the outcomes. Some questions to help you structure and undertake this task are listed below‚ this is not an exhaustive list as they may be something in your experience that you feel is more important. You must provide rational for your decisions with reference to theory and explain what you
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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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Another important theme that I witnessed this semester while doing the Statecraft simulation was the major theories. Here are some examples of how theories were used in our Statecraft world. Some countries tended to be realists‚ liberals‚ and feminists. The Empire‚ country 6 and USM chose to be realists because they have powerful military‚ decent resources and great influence on other countries. They allied with each other to create the Northern bloc. This bloc represents the three authoritative
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MANAGING STRATEGY QUESTION 1 The Porter’s generic strategies and the Strategy Clock have a common purpose; they both focus on how a firm can create competitive advantage over its competitors. The purpose of the models is to create a common understanding about position of the current strategies and options for the new strategies if need be. These strategies can be used by companies to analyse its competitive position in comparison to the offerings of competitors
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Managing time Managing time is a problem which all people face at one time or another. It’s a problem which starts when you are a student. If you don’t solve it‚ then it will be worse and worse. Even when you leave the university and get a job‚ the problem will follow you. We can say that managing time is one of the most basic resources in any organization‚ if you lose control of time‚ you will lose control of the organization. Time cannot be managed as it is beyond the power of any
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Managing Diversity | Sexual Orientation in the Workplace | | I am looking at what managing diversity is about‚ why and when it emerged and what problems and issues it is supposed to address. I will be investigating into sexual orientation in the workplace and will be looking through history at when employment became equal and what the perceptions are like at current. | Contents | Page | Diversity | 3 | Managing diversity and the concept | 3 | Trade unions and diversity‚ and the
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Supply and Demand Simulation This week’s simulation is based on GoodLife Management. GoodLife Management is located in the fictitious town of Atlantis‚ and rents two-bedroom apartments on a month-to-month basis. The simulation provided working examples of several factors that effectively change the supply and demand of GoodLife’s rentals over the course of several years. These factors include GoodLife’s management direction‚ population changes within Atlantis and outlying areas‚ changes in consumer’s
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1 Supply and Demand Simulation Connie F. Dents ECO/365 November 6‚ 2012 Tulin Koray 2 Supply and Demand Simulation The Supply and Demand Simulation is about the rental of two- bedroom apartments that is managed by Goolife Management Company. The Goodlife Management Company is in the City of Atlantis. The Simulation will show the different scenarios in how the shift in demand and supply curve‚ demand and supply shift‚ price ceilings‚ and the equilibrium changes
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Over the course of completing the simulation‚ which was designed to address international legal and ethical issues for a company‚ there were a number of things that can be taken for granted within the United States but is though upon differently in other countries. It was interesting to note that there are distinct issues that must be addressed in resolving legal disputes‚ especially in international transactions. One issue is that there needs to be a clause‚ written within the contract‚ which
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Crises Management in Public Schools Review of Crisis in Public Schools throughout the United States Throughout the United States students in public schools have experienced many crises. Students have witnessed or experienced many different types of crisis which can include: violence‚ death‚ accidents‚ family issues‚ natural disasters and terrorism. Statistics from the National Center for Educational Statistics (2008) show that in the 2003-04 school year there were 19 homicides and 3 suicides
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