organization’s ability to earn profits today and in the future. Examine the industry from three perspectives, your own, your competitors’, and your customers. Take a step back and take a look at your industry through the eyes of the customer. When referring to capsim, one of the most important aspects in the game is the customer survey. In being profitable and achieving a high percent of the market, you must fulfill the customers’ needs and expectations better than the competition. Defining the bounds of a profit
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Team Chester Professor Zhang Business Policy June 27th, 2014 Brinkman Essay Before attempting the Capsim simulator, we developed a group of five students. One of them being a finance major, the other a marketing major, and the remaining three being business management majors. The diversification within the group made it easy to divide the workload evenly into categories each student can relate to. In addition to different majors, each of the individuals have different personalities, which brings
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understanding Read the course of study, task instructions, and task rubrics. Seek clarification on any points that might be subject to multiple interpretations. Do not assume; know. The best practice is to be prepared by reading for understanding. Capsim Simulation The designation of MBA indicates the ability to lead and manage both vertically and horizontally across an organization. It is the ability to maximize organizational success by understanding the organization as a system of integrated
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Our team’s main goal is to collaborate as one functioning unit and combine our individual skill sets to produce the most efficient results. This includes establishing strong and effective communication amongst team members to allow for constant flow of information between each other. Furthermore, with effective communication during meetings, the team will be able to make decisions that best represent the strengths of everyone as a whole. These team assignments along with the Foundation Simulation
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Found myself in the U.S was an opportunity to make a difference in my place of work and use the uninterrupted, well designed, and equipped academic system to contribute to the society. My experience in WGU has prepared me wholly as a professional of MBA in Healthcare Management. This has been my goal especially after participating in a medical mission to Africa in 2013. It was a moment the vision and strength to lead others manifested in me. With the opportunity of working in a state owned hospital
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For the Capsim simulation, our team, Digby, consisted of four members; Amber Rose, Derrick Grigsby, Qi Wang, and Di Lin. We decided from the beginning that it would be best to make all decisions as a team. We all decided on a time when everyone was available to meet. We met once a week and made all decisions together during this meeting time and we shared responsibilities equally. No one person was responsible for any more or less than any one else. Our company kept a basic strategy, we marketed
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CapSim Demonstration Notes 1. Save MS Excel file from “Getting Started” or work directly online 2. Login to the Excel file using login created during registration a. File, Save (different save options) i. Save “directly to the website” ii. Save “All Team Decisions” to save everything b. Undo i. “To last save” means: ii. “To start of round” means: c. Decisions: i. R&D 1. Performance: Should be within the fine cut, to appeal to customers
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Identification and Analysis of Critical Issues and its Impact on the Business Performance and Strategic Direction Bellevue University Assignment 9.1 May 4, 2015 Business situation analysis and its impact on performance and strategic direction Business situational analysis is defined as internal and external factors that affect the business’s environment in different way (the situational analysis, 2011). There are five situational factors that most businesses focus on: legal, regulatory,
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Personal Purpose Statement and Growth Mindset The first class of Managing Work and Teams was the first time I was ever introduced to the idea of the entity theory vs. the incremental theory. Reading Yeager’s article gave me the opportunity to question my own mindset. I saw myself fitting into both a fixed mindset and a growth mindset, but I immediately knew I wanted to adapt a stronger growth mindset because I wanted to learn from my setbacks and improve for the future (Yeager, 303). Enrolling in
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BUSINESS SIMULATIONS E X A M I N AT I O N USA & Canada 877.477.8787 Outside USA & Canada +1.312.477.7200 WWW.CAPSIM.COM Welcome to Comp-XM Your Registration Number If your instructor or school did not give you a Registration Number, you will need to register online using a credit card or checking account. Welcome to Comp-XM® an integrated evaluation tool that will allow , you to demonstrate your business skills. Comp-XM has two sections: 1. A business simulation similar to the one you
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