Introduction Capstone is a business simulation designed to teach strategy‚ competitive analysis‚ finance‚ cross-functional alignment‚ and the selection of tactics to build a successful and focused company. In each round‚ we have to meet the buying criteria for our customers in each segment. We have five different products: Traditional Segment‚ Low-End Segment‚ High-End Segment‚ Performance Segment‚ and Size Segment. Each round is a year in the company’s life and decisions are made in research and
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1. What did you observe in inventory and back order levels when you play the game in uncoordinated and coordinated modes? What are the underlying reasons for the problems associated with uncoordinated decision-making? Based on the results you found in the previous part‚ list the potential benefits of coordination. (max 0.75 page) 2. What are the steps companies can take in order to reduce the problems associated with uncoordinated decision-making? Discuss also the potential implementation issues
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International Trade Simulation Trade conditions were analyzed in the International Trade Simulation between four countries‚ Rodamia being the country in which decisions are made to stop or continue trade with surrounding countries. The simulation shows a variety of situations where trade agreements are created‚ cutoff‚ and strengthened displaying different options and different outcomes to the decisions made. The simulation demonstrated how international trade increases the production of goods
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In our Business Connections class‚ we used a simulation called “Biz Café”. This simulation activity took place in groups of three or four over the span of the semester. The simulation was a coffee house that the group made decisions on. Every week the group makes decisions regarding what should happen at the coffee house‚ i.e. hire/firing employees‚ wages‚ insurance‚ marketing‚ etc. Three days later the results of these decisions are posted and the group sees the results of the decisions they made
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Resources evaluate the risks associated with a potential investment in the "Bailey Prospect‚" a natural gas opportunity in Doddridge County‚ West Virginia. Your colleague‚ Lisa Weatherford has done a thorough base-case analysis and constructed a spreadsheet model that you can use in your analysis. You and Lisa are financial analysts at Sprigg Lane Investment Corporation. Background Sprigg Lane Natural Resources (SLNR) is a new division of the Sprigg Lane Investment Corporation (SLIC) and was formed
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Supply and Demand of Rental Apartments Simulation Veronica L. Powell University of Phoenix ECO / 365 Liliana Fargo November 10‚ 2009 Supply and Demand of Rental Apartments Simulation GoodLife Management is a management firm that manages seven apartment complexes in Atlantis. GoodLife is the only firm that rents apartments in Atlantis and has subsequently created a monopoly within the market. The closest substitutes are rental detached homes which are provided by Oakridge Builders
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links for the simulation and the conversation scenes. • The user has the choice to choose to start with the simulation or the conversation which in the normal case he will start with simulation but he has the choice anyway. • We’ll go with the normal case in which the user chooses the simulation first of all‚ he will then move to the next scene that will contain two links: the first one for the first sub-simulation named ”Attract and Repel” and the second one for the second sub-simulation named “Electric
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Supply and Demand Simulation Timothy J. Vrabel Axia College University of Phoenix In the video‚ several principles and concepts of microeconomics and macroeconomics were simulated. In the simulated neighborhood of Atlantis‚ there are many amenities that customers demand. The simulation uses two bedroom apartments to teach the fundamentals of supply and demand. Several scenarios were used throughout the simulation to represent challenges with which management needed to contend. The scenarios
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OPPORTUNITY ACT OF 1964. The law created the Office of Economic Opportunity aimed at attacking the roots of American poverty” (ushistory.org‚ n.d.). The poverty simulation gave me a different perspective on the obstacles that faced lower income families in our society‚ as you will come to learn in the following paragraphs. In the poverty simulation‚ I was the father: Kris‚ age 36‚ employed full time at the General Employer. I worked 40 hours per week‚ which included some weekend and holiday work. Other
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The simulation for reproductive health was certainly a learning experience. While practicing with the patient‚ I was able to identify my own strengths and weaknesses. However‚ as the preceptor said‚ simulation is not simply about learning from practicing with the dummies. It is about learning from the other teams. This is certainly true. I learned about what I should do with a real patient as well as what I should not do by watching the other teams. Because it is easy to be critical of oneself‚
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