...Executive Summary The purpose of writing this report is to evaluate and provide sound advices to the company, Venture Simulation Ltd on its business simulation game, Sim Venture. Several recommendations will be given for future improvements based on the main business areas of the company. In recent years, the business simulation industry is growing rapidly. With outstanding product design and feature, more and more educational institutes and commercial organizations demand the business simulation to provide their students and staffs quality business and entrepreneurship learning. Since there is a potential market opportunity for the product, it is necessary to introduce a new product and implement an aggressive marketing strategy in the existing and new market in order to obtain sustainable competitive advantage for larger market shares. For scaling the venture, the owners emphasize the long lasting customer relationships to enhance the customer loyalty to the product. Effective intellectual property protection strategy must also be executed in order to prevent others from copying the simulation. Finally, several innovative strategies including effective marketing strategy, introduction of new product, penetrations of new markets are strongly recommended for better future business growth. Table of Contents Executive Summary Table of Contents 1. Introduction 1 2. Background of the Company 1 3. Market Opportunity 2 4. Product...
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...cause and effects can have on a company through the use of the improving organizational performance simulation. In the following the concepts of choices made during the simulation will be discussed; as well, what motivational theories to use and what are the affects to reduce workplace stressors. In the first part of the simulation the student is introduced to the organization as an organizational psychologist for hire. The psychologist is hired to improve the failing company before it is too late to recover. Upon introduction to the company the first search for information done was to implement an JDI (job descriptive index), along with profiling the personal, and viewing a blog that was available (Apollo Group Simulation, 2005). With the information that was available, the members of the company were not happy because that the organization is not living up to his or her expectations prior to joining, and his or her suggestions are not taken seriously. This was the correct choice according to the simulation. As the simulation did demonstrate through the survey, and blog that the employees were dissatisfied with the build-up that this company once had. This is available by paying attention to the underlying comments, and ignoring the pay issues, as noted in the simulation there will always be pay complaints (Apollo Group Simulation, 2005). The second part of the simulation is concerned with that the employees consider the organization an inflexible and rigid boulder....
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...ETH/316 University of Phoenix The Ethics Games Dilemmas this week presented “The Mysterious Roses” and “Cold Feet” simulations. For the exercise we were required to address the issues in the simulation and identify the best decision for all parties involved. This summary will review what ethical issues were presented in the simulation, the decision making steps to ethically address the issues, the perspectives and lenses that were used to make the decision, influences in the decision making and concepts that relate to my work place. The first simulation “The Mysterious Roses” presented an issue that could have potentially been a violation of the sexual harassment policy. In this simulation Bill Witherspoon, a research scientist had been sending flowers to Gayle Dornier, a Sales Representative. Bill Witherspoon had been sending flowers anonymously for the last three weeks to encourage her. Joe Williams another employee informed me that this has made Gayle uncomfortable. Gayle has requested a meeting due to a confidential matter that may or may not be related to the anonymous flowers. Due to Gayle’s request that this meeting be kept confidential, I am faced with the dilemma of what to do in this situation. The second simulation “Cold Feet”, presented a problem related to possible falsification of data. In simulation I have received an email from Nicolai Zubanov. The report he has to submit to Phillip Waters has data that is not favorable to their project...
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...The Okinawa Simulation held on Tuesday April 7, 2015 simulated the negotiation between Okinawa, Japan, China and the United States for Okinawa's independence movement. States sent message to other state through a piece of paper. In this way, the message would be read only by the state which got the paper in order to simulate communication between states in the real world. Communication not only happens on the negotiation table when every party knows what is going on. It was a simulation for students practice negotiation skill and make connection to the international relationship theories. This reaction paper discusses three ideas would affect international relationship: the role of hegemony, the role of different theory and factors would lead...
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...SIMULATION Meaning of Simulation To Simulate To model, to replicate, to copy , to duplicate the behavior appearance or properties . Simulation Something which simulate a system or environment in order to predict actual behavior . OR The process of simulating . Sentences of Simulation : 1. This exercise is the simulation of actual battle condition. 2. The most reliable simulation predicts that Hurricane will turn north . 3. Despite extensive simulation in the design phase, the aircraft fail to behave as expected. Definition: A simulation is the imitation of some real thing, state of affairs or process. The act of simulation something generally entales representing certain key characteristics or behaviors of a selected physical or abstract system. simulation refers to any analytical method to imitate a real life system, specially when other analysis or too mathematically complex or too difficult to reproduce. “simulation is a numerical technique for conducting experiments that involve certain types of mathematical & logical relationship, necessary to describe the behavior & structure of a complex real world system over extended period of time”. Simulation is a statistical experiment, hence its output must be interpreted by appropriate statistical tests. It is a most widely used management science technique for a imitation of reality...
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...Report: Everest Simulation Table of Contents | Page # | 1. Executive Summary........................................................................................ | ..........3 | 2. Introduction..................................................................................................... | ..........4 | 3. Method & Results............................................................................................ | ..........4 | 4.1 Experimental Procedure | 4 | 3.2. Findings | 5 | 4. Discussion....................................................................................................... | ..........5 | 5.2 Communication | 5 | 4.2 Types of Leadership & Power | 6 | 4.3 Decision Making | 6 | 4.4 Conflict | 7 | 5. Conclusion..................................................................................................... | ..........8 | 6. References..................................................................................................... | ..........8 | 7. Appendices.................................................................................................... | ..........9 | I. Goals on Track | 9 | II. Team Contract | 10 | 1. Executive Summary During the semester, two Everest Simulation tasks were undertaken by a group of five people. This Everest Simulation was an online task which was to be completed as a team in order to determine...
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...Ltd Relationship between jump landing kinematics and peak ACL force during a jump in downhill skiing: A simulation study D. Heinrich1,2, A. J. van den Bogert3,4, W. Nachbauer1 Department of Sport Science, University of Innsbruck, Innsbruck, Austria, 2Centre of Technology of Ski and Alpine Sports, Innsbruck, Austria, 3Orchard Kinetics LLC, Cleveland, Ohio, USA, 4Department of Mechanical Engineering, Cleveland State University, Cleveland, Ohio, USA Corresponding author: Dieter Heinrich, Department of Sport Science, University of Innsbruck, Innsbruck, Austria. Tel.: +43 512 507 4467, Fax: +43 512 507 2656, E-mail: dieter.heinrich@uibk.ac.at 1 Accepted for publication 8 August 2013 Recent data highlight that competitive skiers face a high risk of injuries especially during off-balance jump landing maneuvers in downhill skiing. The purpose of the present study was to develop a musculo-skeletal modeling and simulation approach to investigate the cause-andeffect relationship between a perturbed landing position, i.e., joint angles and trunk orientation, and the peak force in the anterior cruciate ligament (ACL) during jump landing. A two-dimensional musculo-skeletal model was developed and a baseline simulation was obtained reproducing measurement data of a reference landing movement. Based on the baseline simulation, a series of perturbed landing simulations (n = 1000) was generated. Multiple linear regression was performed to determine a relationship between...
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...Supply and Demand Simulation ECO/365 July 31, 2013 Robert Watson Supply and Demand Simulation This paper is about the supply and demand simulation from University of Phoenix student website. The simulation is about Good life Management, a real estate property management company that controls the seven apartment complexes in the city of Atlantis. In the nine-year period in the simulation the housing market has increased and decreased because of businesses moving into the area bringing an increase in job market, the change in company expectations and consumer preferences, and the policy changes implemented by the government (University of Phoenix website, 2013). Identifying the two microeconomic and two macroeconomic principles present in the simulation and to explain why these principles are categorized as microeconomic or macroeconomic. The supply and demand was affected by decreasing the rent to lower the vacancy percentage and maximize revenue for the company. This moved is considered a temporary fix on a month-to-month basis and a good example of microeconomics. Another example of microeconomics is when the new company came into town and caused an increased in the population along an increased in the job market. The population and job increase suggest they increase rental rates in response to the increase in demand. An example of macroeconomics is the survey showing that individuals working in Atlantis are living in neighboring cities because of the cost of rent is...
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...Ethics Game Simulation: Reflective Journal Susan Lopez University of Phoenix Organizational Ethics and Social Responsibility/MGT/216 Dr. Arnold Bereson December 07, 2009 Ethics Game Simulation: Reflective Journal In the ethics game simulation I was the quality control manager and was given the responsibility of making some very difficult ethical decisions. The first decision I had to make was regarding fair warning. The company had determined that there was a contaminant in products that were already distributed for sale. They were looking at me to tell them what should be done about those products. In this case, I was asked to look at the dilemma through two lenses, first the Rights/Responsibility Lens and the Results Lens. Even though one lens focuses on the duty of doing what is ethical and the other focuses on creating the greatest good for the greatest number of people, I think that my decision was based on both of these. I decided the proper thing to do would be to publicize the information that would warn the consumers about the increased risk to specific groups of people and to replace or refund purchase price for a product they may already have. It turns out that this was the best option in the Results Lens. The reason for this decision is that I was considering what was best for both the company and the people. I believed that people definitely had the right to be warned so that they were not consuming a product that could cause them harm, but...
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...open the simulation. As you run through the simulation, record your results in the following data table: Microwave Light Infrared Light Visible Light Ultraviolet Carbon Monoxide (CO) 8/20 rotating 15/20 stretching 0/20 0/20 Nitrogen (N2) 0/20 0/20 0/20 0/20 Oxygen (O2) 0/20 0/20 0/20 0/20 Carbon Dioxide (CO2) 0/20 8/20 “dancing” 0/20 0/20 Water (H2O) 10/20 spining 8/20 “dancing” 0/20 0/20 Nitrogen Dioxide (NO2) 10/20 spining 12/20 “dancing” 9/20 glow and then waited for another molecule to end the glow 7/20 break away into 2 parts Ozone (O3) 13/20 spining 10/20 “dancing” 0/20 5/20 break away into 2 parts What conclusions can you make from your resulting data? Those molecules that are made up of more than 2 atoms of different elements react more to the different type of light than those that aren’t. Nitrogen and Oxygen don’t react very well to the different types of light. Part 2- Carbon Lab Click here for an overview of this activity. Please read this page and click on the simulator. Notice that the simulator is set to default levels. What are they? Change in fossil fuel use/year: _1.5__% Net deforestation rate/year: _0__% How might Carbon Levels change in various locations over time? Please write in the Gigatons (GT) for the following locations that carbon is found throughout the Earth system. Then run the simulation until 2050 (populate your data table with data), and then run the simulation to 2100...
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...org/courses/envsci/interactives/carbon/ and complete the lessons below. If you are unsure of how to use the simulator or have questions about it at any time, click “Help” on the main page for the lab. Lesson 1. The Carbon Cycle 1. Read the Overview section, then click on The Carbon Cycle. a. Read through the information provided, then click Open Simulator. b. To familiarize yourself with this simulator and its components, click Help on the main page for the lab. Read through the information provided. c. Run the simulation to 2100 with the default settings, and, using the step 1 data table below, record the total carbon levels in each "sink" (terrestrial plants, soil, oil and gas, coal, surface ocean, and deep ocean) at 2050 and 2100. d. Answer the questions for Step 1 below. 2. Click on Step 2 under The Carbon Cycle. a. Read through the information provided. b. Run the simulation again, one decade at a time. Record the total amount of carbon in the atmosphere (the number in the sky) and other carbon sinks (terrestrial plants, soil, surface ocean, and deep ocean), as carbon moves through...
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... PowerSimm simulates the system as modeled, capturing uncertainty with several random variables. This results in a forecast of energy supply costs over the model time horizon. Forecasts of different sets of assumed resources can be directly compared if based on what is otherwise the same model. In PowerSimm, a study consists of several simulation iterations of a portfolio (the set of current and assumed generation resources being evaluated) for a given scenario (the set of operational, physical, and market assumptions modeled). Each iteration...
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...Contract Creation and Management The Contract Creation and Management simulation is about a contract agreement dispute between Span Systems, an e-banking software developer and their client Citizen-Schwarz AG (C-S), a German bank, financial institution whose main purpose of procuring the software is to enter the United States retail financial services market (UOPX Website). The simulation presented both side of the dispute between these two companies. The most important issue is to settle the dispute amicably without terminating the contract. As observed on the simulation, eight months into the project, the client C-S was ready to end their agreement. Breach of contract under internal escalation procedure for dispute implemented as an amendment clause. The amended clause specified that both parties should establish a specialized committee to monitor the progress of the project. Citizen-Schwarz claims that Span Systems performance as below satisfactory and behind schedule. For lack of legal understanding, C-S believes that they have the right to have Span Systems unfinished work transferred over and terminate their contract. Span Systems claimed that the performance issues and project delays are as a result of constant changes requested by Citizen-Schwarz in regard to creation of the transaction system. Span Systems also believes that C-S has violated the contract because of the project has deviated greatly from the original. C-S was possibly trying to distribute Span...
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...MGMT 1001 Assignment 2 – Report – 30% of Final Mark Report Focus: Write a report reflecting on your experiences of the Everest group simulation exercise this semester with reference to concepts and theories encountered in this course. Executive Summary Everest, a virtual game designed by Harvard Business School and Forio Business Simulations, forces players to challenge problems that arise and conquer them as a team. After viewing a frightening video that portrays the mountain climbing experience, students are arranged in groups of five and assigned different roles with varying description and goals, ranging from ambitious athletes to preservative environmentalists. Confronting numerous challenges such as oxygen scarcity, unpredictable weather and volatile health conditions, teams progress up the mountain, with the ultimate goal of reaching the summit. The game is intelligent in its simplistic design – it gives different goals and information to each player. The physician has knowledge on numerous diseases, but is unable to use it if the marathoner fails to announce her critical health condition – a probable situation as the game encourages players to hide the information. In hindsight, our team was given two attempts to complete the simulation. The first simulation was conducted with little experience and understanding of group members and roles. Formation of conspiracies led to discomfort due to conflicting personal goals, limited resources,...
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...2014 Charles Wittenberg Organizational Issues After completing the Ethical issues simulation I learned that there are different lenses that help to facilitate how one makes an ethical decision. The ethical issue presented in case one was about a current employee who leaked confidential information on his personal blog and another employee who violated codes to find out who it was. Both employees were in the wrong even thought one employee considered himself helping the situation by finding out who leaked the information and coming forward. His means of finding out who committed the crime were illegal which therefore makes him liable for his actions, even if he had good intentions. In the second case, the ethical issue was how to develop a security policy that provides for employees' physical safety and accommodates special needs. The first thing to considered in the decision making process is who are the stakeholders? Consider the people involved in the dilemma and determine who will be affected by the decision made. The stakeholders are the people that are directly involved in the situation, directly affected by the decision, or hold interest that need to be protected. The next step in the decision making process is to determine which ethical lens best fits the issue the company is dealing with. There are four different lenses rights and responsibility lens, result lens, relationship lens and reputation lens. Each lens had its own criteria for how to handle a situation...
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