The marketplace simulation game was an overall great experience in terms of understanding how an organization works‚ what aspects should be considered while making decisions and how to coordinate between various departments. It was an excellent platform for me to learn how various functional departments in an organization work and how are they dependent on one another. Working in a team and coping with various challenges collectively helped me understand the importance of team work. I believe
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Marketplace Stimulation March 29‚ 2011 Table of Contents Report to Executive Board of Corporate Headquarters 6 Financial and Market Performance for Second Year 7 Brief Business Plan 7 Brand Strategy 7 Pricing Strategy 8 Advertising Strategy 8 Sales Strategy 8 Business Strategy and Performance for Second Year 8 Overall Business Strategy 8 Departures from the Marketing Plan 8 Significant Events that Affected the Company 8 Current Situation in the Market 9 Competing in the Future 9 Lessons
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This simulation game was developed by Sisk (1976). Basically‚ there are ten imaginary countries (Shima‚ Myna‚ Ila‚ Usa‚ Pam‚ Bonay‚ Shivey‚ Lani‚ Ranu and Bili) and each of these countries has three key elements to be considered: defense‚ resources and demography. The main purpose of this game‚ understanding the importance of negotiation and interdependence between countries. I would like to make some changes in the game for my class. Every student or group will choose their imaginary country.
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SUPPLY CHAIN TASK 2 Cheri Jill Upshaw August 12‚ 2014 Task two is the second task that applies the results of the Marketplace Simulation. In my simulation I named the company Airborne. I used a very conservative approach in all four quarters. The company did not have to borrow any money or pay any carrying charges for inventory. I did however‚ lose sales in all quarters due to higher than expected sales and product demand. Loss of sales can cause ill will and can cause you to lose customers
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This paper is a reflection on three simulations as each relates to strategic planning. The first simulation‚ “Thinking Strategically‚” highlights the importance of environmental scanning. The second simulation‚ “Developing Grand Strategies‚” challenged decisions made for a company which lead to effective strategy formulation and choices. The third simulation‚ “Creating a Strategic Road Map‚” provided a simulated experience of how to build a strategic roadmap focusing on the importance and effectiveness
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Walmart Group Supply Chain Game Conclusion This time‚ the game was more complicated. We need to plan and control production capacity‚ shipment method and further distribution to different areas. Our performance was not as good as last time. The distribution network of the company consists of a single factory and a single warehouse‚ both in Calopeia. We can build extra factories and warehouses in other places. Actually at first‚ our goal was increasing the manufacturing capability
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Ethics Game Simulation The ethics simulation game is a learning tool designed to teach individuals how to make decision between ethical challenges. While one might think making such decisions is an easy task‚ more dilemmas are present than imaginable. The first decision that had to be made was about a product already on the market that was contaminated yet only put a small percentage of users at a low risk. After narrowing the possibilities down to two solutions‚ the choice was made to warn
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The Ender’s Game by is a science fiction novel. The book starts off with Ender living with his parents and he gets in to a fight and kills a member of a gang who will not stop tormenting him. Ender has a monitor in his head so the administration can understand his thoughts; his brother used to have a monitor too. Ender is sent off to do training for the military. He is quickly promoted to the salamander squadron and continually wins all the contests he competes in. The administration picks Ender
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Ethics Game Simulation Margot Rivera HCS 478 Health Law and Ethics December 3‚ 2012 Barbara Scheibe Ethics Game Simulation The ethics game simulation involved two case scenarios. The first case dealt with a conflict of core ethics in how to care properly for a teenage pregnant female whose parents desire to limit medical interventions for a prolonged labor. The young patient is a teenager whose labor is progressing slowly and her parents have stated they want no assistance done for her. This
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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
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