Essay on Glo-Bus Reflection

Keeping track of all my participation throughout the semester, helped me make sure that I was doing whatever possible to make sure that I pass BUSS 101. Throughout the school year I have been to many events that will help my participation grade.

To me a leader needs to be responsible to be able to successfully complete their duties. The leader needs to take the initiative to get things done. They shouldn’t wait around to be told what to do. A leader needs to understand that being a leader means being responsible for your team’s actions, not just your

The target market in Q3 is still workhorse. I did not open another market in Q3 is my big mistake. I knew my market share in workhorse is low but I didn’t change it.

As you collect the information for Assignment 1 and Assignment 2, remember that in Assignment 3 you must prepare a presentation for your Chief Executive Officer.

* Our company’s sales forecast has been based on performance from previous years along with market circumstances. We are looking at the future of the business objectively which we then can evaluate past to

I’ve been placed in the position of being the leader and what I like to do is to be involved in everyone’s role, making sure they are doing the work right, and getting them caught up with the work of others in order to be in the same level. We all have the same goal as a team, which is to complete the assignment and get an A. If I see one of my team member having an issue or not completing their part I focus on them more, once

As the newly chosen CREO of K-Tai, Inc. there were multiple lessons that were realized through the simulation. During the length of the simulation there were decisions that could present a challenge for any CREO, regardless, if they were seasoned in the position or not. As in any position within a company, the goal is to advance your capabilities with each passing year. I feel that in most aspects, my work reflected financial advancement in the progression of the five years. My newness to the CREO position in the first year lead me to make a few less desired decisions that decreased my budget by two percent for the second year. After the second year my budget increased each of the remaining years. The sales increased by sixty-nine percent from year one through year five, starting year one at 9.188 billion and ending in year five at 13.148 billion. The net profit margin increased by 20.8 percent for the five year period. The share prices for the duration of the simulation increased each year. However, the largest increases happened from year two to

The energies of this report shall be directed towards the documentation, explanation and analysis of our group strategy in playing the Globus Business Strategy Game, and also the outcomes of our decisions. In doing so, aspects that I will attempt to analyse and explain our decisions relate to production design, marketing, assembly (for both entry-level and multi-featured cameras), compensation and labour, discount bids, corporate citizenship, finance and cash flow.

Overcoming the huge learning curve and gaining an understanding of glo-bus and the number of decisions that needed to be made encompassed much of our first year. Our company performed satisfactorily, but we wanted to do better. We were behind our competition in sales and quality of our product was questionable. Wages paid to employees were well below the average of our competitors and we

“any team, in any organization, all responsibility for success and failure rests with the leader. The leader must own everything

Forecast Horizon: The forecast horizon was lengthened to 15 years, as RMAG is a young, “highly promising, high risk” firm, only established 15 months prior, it should reach maturity in 2010 as sales, expenses and free cash flows stabilise (Fig.1). RMAG exhibits characteristics of a high growth firm with no dividends, high risk, high CAPEX expenditures and no leverage. Furthermore, it would be inadequate to adopt the forecast horizon dictated by RMAG and Big Sur of 10 years as cash flows only breakeven in Year 8 (Fig.2).

Fachhochschule Worms Susanne Kuhn Matr.Nr.: 660510 Daniel Aldana Matr.Nr.: 665452 Esther Vonni Catharina Matr.Nr.: 665105 Guncha Seidmyradova Matr.Nr.: 665609 Dieter Reimer Matr.Nr.: 662199 Sandra Wernet Matr.Nr.: 665649

The purpose of this assignment is to carry out the challenges and key strategic issue that happened in running the company in the business strategy games. In this assignment, we have done a five-year business simulation strategy games to analyse the PESTEL of the macro-environment, industry life cycle analysis, Portal five forces and also the SWOT of the business. Besides, we have made some key decision in every year start from the year 2011 to the year 2015 in the Business Strategy Games.

The third principle of the strategy implemented is to concentrate on emerging markets. An increase in the share of net revenues from emerging markets has been reported, (Dudovskiy, 2013). It has increased from 24% in 2006 to 35% in 2012 in China, Russia and India. The company expressed its commitments to be more active and present in the emerging markets.

I settled on the bus in my regular seat on my regular bus on my regular route, thinking about my classes today. Little did I know about the weird day I was going to have today. My morning started out regular enough. Just then the bus squealed to a stop. I entered the building to find my friend David waiting for me as usual. “Open Clash Royale” he begged. I took out my phone and started playing. As soon as I finished playing my third round, the bell rang across the school. School has begun. I would have never guessed that today would not be an ordinary day.