What have you learned Business simulation is simulation used for business training or analysis. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking‚ financial analysis‚ market analysis‚ operations‚ teamwork and leadership. The business gaming community seems lately to have adopted the term business simulation game instead of just gaming or just simulation. The word simulation is sometimes considered too mechanistic
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Executive summary The purpose of this business strategy report was to analyze the internal and external environment of Ibis hotel and made recommendations to improve its generic strategy based on business-level and corporate-level strategy. According to analyzing the Ibis hotel’s internal environment‚ both tangible and intangible resources of the hotel were better than other economic hotels‚ because the facilities and equipment were in good conditions. Meanwhile‚ the Ibis hotel won many awards
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------------------------------------------------- SIMULATION REPORT The objective of the project was to trade on a Market Simulation “STOCK TRACK”‚ from 2/13 to 4/20. We were supposed to try to trade different types of instruments in order to gain more knowledge about they are trade in the real world; and how a strategy which seems good can be overturned by the market circumstances. During this period as a conservative‚ I tried to trade less risky instruments. The qualities that I used to
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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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| FINAL REPORT – TEAM U TABLE OF CONTENTS Introduction CHAPTER 1 – The Great Illusion (Period 0 to Period 4) 1. The Context 2. The Strategy CHAPTER 2 – Fatal mistakes (Period 5 to period 7) 1. Context and Evolution of the market 2. Our strategy 3. Finance and Market Performances 4. Marketing mix Recap 5. Research & Development CHAPTER 3: The renaissance (Period 8 to Period 9) 1. Context & Evolution of the Markets 2. Our Strategy Key learning
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INTRODUCTION This report is based on the business game we played on footwear industry. Whilst the task set for this group business game is strategic in nature and obviously requires the team‚ a variety of strategical knowledge. It is my experience that there are several other areas of expertise equally important. A large amount of time and effort throughout this game has been spent on team-working - organising the team‚ processing and collating the vast amount of information that it created‚
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Contents Part 1 Introduction 3 1.1 Business Objective 3 Part 2 Company Performance 4 2.1 Round 1 4 2.1.1 Discrepancy analysis 4 2.2 Round 2 6 2.2.1 Business Strategy 6 2.2.2 Round 2 Forecast 7 2.2.3 Discrepancy Analysis 7 2.3 Round 3 8 2.3.1 Business Strategy 8 2.3.2 Round 3 Forecast 9 2.3.3 Discrepancy Analysis 9 2.4 Round 4 9 2.4.1 Business Strategy 9 2.4.2 Round 4 Forecast 10 2.4.3 Discrepancy Analysis 10 2.5 Key Performance Indicators 11 2.6 Performance Evaluation
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Business GameServiceSim: Strategy During the month of January‚ Downtown Motors faced several problems. They had too much inventory‚ customer complaints‚ overtime‚ cost of emergency orders‚ … Keeping that in mind as service managers‚ we came up with following strategy to create a sustainable business. High quality and service at correct price Our customers will become our top priority. We already have a quite high customer satisfaction level but we would like to raise it up to at least 90 percent
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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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