Reflection Paper On Capsim

| - Lecture: “Creating Effective Organizational Designs”- DVD: New Belgium Brewery, Organizational culture & Structure

We adjusted focus to our niche market, sold off capacity in the low end and traditional markets, and proceeded to decrease our production going into the next round. While selling capacity was the correct financial decision to combat our emergency loan, we were then left with stock outs in all of our product lines. As a result, we continued to struggle with overproduction and avoiding stock outs, but made improvements resulting in less drastic inventory swings in the later

After identifying the sales targets, the strategies, tactics and actions to achieve them can be worked on. Gluck (2014), mentions that to identify underlying strategies and increase sales, a business can break into a new market segment by adapting an existing product or boosting the average sale per customer by using add-on sales or upselling premium features. When developing the sales strategies, the market segment, customers' motivations and expectations, and the capacity to meet customers' expectations should be considered.

Despite encouraging results in some aspects, however, we were also challenged in other areas. Particularly in early rounds, our contribution margin lagged while we strived to provide a high-tech product, as we were reticent to increase price due to concerns that

Before you become team with a common goal you will go through these 4 stages which are forming, storming, norming and performing this this theory will help your team to become productive and perform more effectively.

This assignment has been completed as a group exercise. It is in two sections firstly Part A looking at “Managing team and individual performance” and Part B discussing “Meeting stakeholder and

Some of these strengths include great core values, their human and social capital, they carry a wide variety of products that have a strong brand name, and their expansion through global expansion and investment.

What did I do well during the simulation? Thinking back to the first day of the simulation until the very last, I think what my team and I did very well was communication within the team. Although our team doesn’t seem to be very engaging with the game, however, we tried our very best to make an improvement in each quarter. After quarter 3, we start to

In this assignment I will be looking at the team’s overall effectiveness within three different activities which is the tower activity, plane crash activity and the questionnaire activity. The different activities can allow us to analyse the overall effectiveness and see the changes depending on the activity itself.

Our goal was to earn the most market share as we could with drastically low prices and then, when we maxed out on market share, raise our prices to be competitive with the other companies. We expected our market share to hold a little better than it did when we raised our prices. This brought us to re-consider our strategy and be a little more conservative and a little less aggressive.

This report illustrates an analysis of the strategy our team is about to follow, and the success measures we had chosen to reflect our strategy, with exhaustive explanation of the reasons to choose such a strategy and success measures. We will then give an implementation planning concerning four basic domains within the simulation to get a better idea of how the strategy functions.

Cloud 9’s first climb resulted in a disappointing 26% (Appendix A). The main issues that were encountered can be attributed to ineffective communication. This was due to a failure in the first condition as the simulation was conducted in a virtual environment. There was a clear lack of cohesion as team members often made decisions without informing the rest of the group. This was exacerbated by the poor design of the chat box, which resulted in information overload and prevented the dissemination of crucial information. However, there were positives associated with the virtual format such as the online disinhibition effect, which encouraged members to contribute their thoughts. Furthermore, the second condition also failed as there was a lack of acknowledgment for the formal leadership structure. This often led to chaotic discussions with no clear goal and a dysfunctional atmosphere. As a result, it was difficult for members to develop their leadership potential, due to the lack of responsiveness and feedback for

“Marketing strategies can have a broad impact on the business in terms of instilling a marketing orientation among all those in the firm: the way of thinking or philosophy of the whole organization. However, marketing strategies can alternatively be seen as dealing only with the development of competitive advantages directly associated with the marketing function such as customer loyalty and distribution channel control. In the latter case, the domain is sometimes even further restricted by sole attention to the various element of the marketing mix rather than the more general issues of customer and channel relationships. There are two key

The Define phase failed to give details on the magnitude or the impact of the problem statement. It should focus on the Critical-to-Quality [CTQ] expectations.

The company would employ varied marketing strategies that they will use for the next one and three years. One of them is the pricing strategy, which is one of the essential marketing elements. Bearden, Netemeyer and Haws, (2011, p.63) point out that pricing strategy is one of the vital element of competing with competitors favorably. This is through setting the prices of products differently in order to differentiate the price from that of the competitors. Many companies use pricing strategy in setting the price above or below the equilibrium level in the market. For instance, the