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BUSI 601 Business Environment, Strategy and Ethics

Task:

Group Components (of report)

1. Review your financial, market, operational and HR performance during the simulation.

2. Highlight the key features of your team’s business plans/strategies.

● Marketing strategy

● Sales Channel

● Manufacturing strategy

● Financial strategy

3. Assess your business strategy and performance during the simulation

● Compare actions taken against your team’s business plans

● Discuss departures from the business plans and justification

● Review significant events that affected the company and/or market

● Review goals relative to performance for key performance indicators

4. Explain why you were able to achieve or not achieve your goals — what were the causes of your better than, or weaker than expected performance? (candidness here is very important)

5. Summarize how you have prepared your firm to compete in the future. Individual components (approx. half page from each team member)

6. What were the lessons learned?

● How did you benefit from participating in the simulation?

● Are there any lessons that you can take into the business world