Group 4 Final Simulation Report

The purpose of this paper is assessing my strategy and decisions in the simulation Biz Café. Then, I will give my results and explain how I got there. However, there were many factors involved creating these results. In this simulation, everything was left up to me to decide how to run my new coffee shop. There were big decisions at the beginning you had to make to create the overall theme of your business. Then, I was to hire employees, buy goods, and act on specials decisions or react to good or bad customer reactions. This, I will explain more in the following paragraphs.

I believe that this simulation was a great tool in helping us as MBA candidates to see just how companies succeed and/or fail to achieve their growth targets in revenue and profitability. However, an organization heightens the probability of achieving profitable growth whenever it has a clear expansion strategy and a strong execution infrastructure. One without the other impairs the probability of success. I conclude that there are two main reasons for such: 1) inadequate consideration of opportunities within the core business, adjacent to the core business or within new customer sub-segments; 2) an organizational infrastructure that cannot support successful execution.

Station one: Station one shows that when a small piece of magnesium metal is placed over the flame of the Bunsen burner, the magnesium metal ignites, giving off a bright, white light. Once the flame has extinguished itself due to the lack of fuel, the magnesium metal turned from a metallic strip to a crumbled white powder. It can be decided that station one is a combination (redox) reaction, as a new product is synthesised by the combination of two reactants. The reactants, magnesium and oxygen gas in the air bonded together to form the product of magnesium oxide.

Disclaimer: The following notes are based on a fictitious company and the numbers have no bearing on any real data.

Provide an opportunity for students to apply a technology solution to a business problem in a specific company or organization that adds value to the organization.

Since quarter one was the first quarter of this simulation, I was unaware of how difficult it was going to be to make all the different decisions. Firstly, I had to choose a Company name. Because I was selling computers, I thought that the name “Dev-Tech” was a perfect fit being that this simulation was about development and technology. Next, I had to choose a target segment. I knew going into this simulation that it would be better to invest in the more expensive goods as it would benefit me in the end. The segment that didn’t care about price was Mercedes, so that is the segment that I made my first priority.

2 Required rate of return on equity is estimated by using CAPM. See Details »

©2011 IAM IAM Level 2 Certificate in Principles of Business and Administration • Qualification handbook • 7

(1) Calculate the expected return (rp), the standard deviation (p), and the coefficient of variation (CVp) for this portfolio and fill in the appropriate blanks in the table.

Sources of information:Bevan J, Dransfield R, Coupland-Smith H, Goymer J and Richards C – BTEC Level 3 National Business StudentBook 1 (Pearson, 2009) ISBN 9781846906343Bevan J, Goymer J, Richards C and Richards N – BTEC Level 3 National Business Student Book 2(Pearson, 2009) ISBN 9781846906350Coupland-Smith H and Mencattelli C – BTEC Level 3 National Business Teaching Resource Pack(Pearson, 2009) ISBN

From the question I made simulation model to calculate phase 1 and phase 2 costs, probabilities of success, final revenue, and profits as shown below.

The report draws on discussions from a number of high profile CFO roundtables jointly held by ACCA and IMA in Shanghai, New York, Moscow and Zurich in 2012. I would like to personally thank those senior finance leaders who participated in the roundtables for sharing their

Master in Business Administration, IPADE Business School, 1996 BSc in Industrial Engineering, Universidad Panamericana, 1994

To prepare a term paper various aspects and experiences are needed. But we have faced some barriers for making a complete term paper on the given topic. These barriers or limitations, which hinder our work, are as follows:

In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.