assignment is an individual assignment. Each student is required to complete two runs of the Working Capital Simulation. The simulation site is https://cb.hbsp.harvard.edu/cbmp/access/20227364 (Cost: $12.50). Use the attached instructions to get started. Run 1: Complete the simulation on your own and with a credit limit of 3.2 M. Completion due date: Nov 17. Run 2: Complete the simulation with the help of my cash management tool and with a credit limit of 3 M. Completion due date: 11/24. Ten
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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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FINANCE CAPITAL BUDGETING SIMULATION WORKSHEET Part III – Debrief Name: Group Members: INSTRUCTIONS: This worksheet debriefs the simulation and summarizes your key takeaways from the project and is to be completed on an individual basis. Complete the executive summary and answer all questions in this worksheet using the foreground reading and the financial data for the firm posted on the simulation website. Each discussion response should be complete and self-supporting (one-line responses are
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As mentioned above‚ during the last negotiation simulation there were three groups or teams. Each team represented a South American country. For this exercise the country of Brazil‚ wanting more action and less declaration of political will‚ convened a working group consisting of three countries: Venezuela‚ Peru and Colombia. The sole purpose of generating these countries together was to generate a solution to water quality concerns. Cooperation was a key element within this negotiation‚ as working
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Littlefield Technologies Simulation Report Team Name Group A Section Operations Management September 2012 Problem Statement Littlefield Technologies is a low volume‚ high margin manufacturer and distributor of digital satellite system receivers. Littlefield Technologies seeks to minimize production costs and sell at the highest price the market will allow‚ with the end result of maximizing profit‚ or value for shareholders. In order to be successful they
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Individual Project: Verbal Presentation Dr. Ho Jee Hou 1. Practicalities 2. Material 3. Audience 4. Yourself 1. Practicalities Worth 10% 15 minutes + 5 minutes for questions Timetable to be circulated through email PowerPoint presentation is recommended Peer assessed (among a group of 7 – 8 students) 2. Material Time is precious You do not have to include everything Tell a coherent story Present your results clearly What to say Structure your presentation
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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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Change Simulation Experience “It is not the strongest of the species that survive‚ nor the most intelligent‚ but the ones most responsive to change.” - Charles Darwin Charles Darwin’s groundbreaking theory of evolution was certainly not restricted to species in the wild. Adapting to change in any corporate environment is fundamental to the success of any organization and its employees. Achieving this success depends on a key ingredient – appropriate application of change management that
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Age Simulation Reaction I often times sit back and think of myself as elder later on in life. So many thoughts come to mind about my physical appearance; not so many thoughts in regards to my own mindset or the mindset of others that surround me‚ both seniors and young people. I have never been a person to care how others feel about me‚ but this one day in particular when I was put in the shoes of an elderly person my world was turned upside down by the words‚ looks‚ and thoughts of others. Going
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density was rated the highest among all features so we decided to focus on this one. We chose energy density within the NiMH due to its historical profitability. The minimum annual cost for this project was $3M. Since this was our first round of the simulation‚ we decided to invest the minimum required. Our team also felt it was important to focus on process improvement. Learning from the GEOX case study‚ in order to compete with surrounding competition‚ a company must
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