Homework: Individual Simulation Report
The learning activities will focus on the Strategy Management Simulation. Meet with your team to complete Decisions. Finally, each student will independently prepare a brief summary for the simulation efforts.
Learning Outcome:
o Apply strategic business decisions using Interactive Strategy Management Simulation.
Learning Objectives:
o Apply strategic business decisions through strategic simulation for the auto industry.
Each student, independently of the team will prepare a brief summary for the simulation efforts.
Prepare a report which will include the following information:
o What was your one corporate generic strategy as reviewed from our text? Break this down by your target market and your competitive advantage. Why? Did your overall strategy change? Why?
o What was your strategic action plan going into the rounds detailed in Blackboard including the reasons for the moves and how it relates to your overall strategy? What are your objective and measurable goals for the moves? Did you have to make operationally reactive moves not related to your strategy? Why?
o What was the objective, fact-based results compared to your intended moves and the reasons of these moves generally? How did your moves advance your one Generic Strategy? Be specific. Did you get the objective results you expected? Why/why not? Share any objective measures from the simulation program that are pertinent to the strategic implementation results and note any purely operational moves. How did your competition and the external environment impact your moves? What is your analysis of this data results compared to your intended results?
o What do you think the next set of objective and measurable moves you will have to consider, and what will you suggest to your partners regarding next week's moves?
o What have you learned and how does this relate to other lessons in this course and to your career?
o Provide a log regarding the specific dates and times that you accessed the simulation system including specifically when and how you and your teammate reviewed and discussed the simulation system data and decided on your moves to make.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.