Capsim Final Report 1

Running head: CAPSIM REPORT 1

Capsim Final Report

Name: Manpreet

Name of Instructor:

Name of Institute:
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Capsim Final Report

Communication Methods

Keeping in touch with your network is important. If you are just spending your day at a

desk, you must be able to talk with your colleagues. Keeping in touch with others is easy, but

also very challenging. Communication can be unspoken as well. This kind of constant touch can

make you cynical and irritated. You will not be popular at work. One manner in which others

will strengthen your low self-esteem is that you believe this about yourself. Viewing others

makes no verbal or written comments causing your eyes to focus on other people during a

conversation means that you are interested in what they're saying

Sharing ideas is another means of contact there are also advantages of having a face-to-

to-to-face conversation: meeting people, communicating in many different ways. Some find this

method to be more successful because you can reach them, not because you cannot actually

contact the telephone. More time would be available to you if you ignore the time-consuming

and less efficient methods of communication.

During the practice simulations, our party failed to behave realistically it was because no

one on my team could tell, so I just had to guess we’re in a sticky situation using Snapchat, as a

tool for communication. This (decision) turned into a big problem for me, as my teammates did

not give me any assistance. This had a huge impact on the majority of our decisions. It was

difficult to operate on your own and use only your own money. We missed out on both

information doesn't work unless it flows wherever you find yourself, you must be able to

converse with others. If anyone says this, others will agree.

“To utter something or not”

I opted for option B, which would have allowed the VP of marketing to keep the ISO

certification as a secret. Bring your problems to the golf tournament and talk casually to the

senior producer if you'd like. It is difficult to judge how long it will take to respond to urgent
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matters I provided the VP with data in my view, but I went beyond that to ensure the issue gets

solved.

Assets 2020 2019

Common Size

Cash $32,551 22.4% $35,913

Accounts Receivable $10,838 7.5% $9,789

Inventory $10,144 7% $8,685

Total Current Assets $53.533 36.9% $54,385

Plant & Equipment $142,900 98.4% $127,100

Accumulated Depreciation ($51,267) -35.3% ($41,740)

Total Fixed Assets $91,633 63.1% $85,360

Total Assets $145,165 100% $139,746

LIABILITIES & OWNERS’

EQUITY

Accounts Payable $7,198 5% $5,925

Current Debt $29,274 20.2% $22,189

Long Term Debt $53,923 37.1% $51,886

Total Liabilities $90,395 62.3% $80,000

Common Stock $24,674 17% $24,674

Retained Earnings $30,096 20.7% $35,072

Total Equity $54,770 37.7% $59,072

Total Liab. & O. Equity $145,165 100% $139,746

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The stakes of vice president's inability to keep up with events are higher than being

excluded from current events. What if the president was otherwise occupied, and this happened

to the vice? The Vice President has plenty to fear from chemists, if they do. I expect the

company to receive several calls from customers who have wastewater issues. It is in the interest

of the clientele that they cannot retain customers.

To do what is asked of you even though this means dragging the company into their role I

am certain that the Vice President is fulfilling his duties. As it began to influence the world and

others, it was then that I realized it wasn't serving his interests. I want to help companies expand,

but never at the cost of either. If you stick with the new plan, you'll always have the same clients

A Company with Fair Trade

This is a situation where I would gladly accept the deal. Everything I'm doing is giving

the business an offer of is my own personal guarantee of success or failure. Failures are

necessary for success, they tell us; we don't succeed unless we commit. Adding the third world

nation to our profits would be incredibly beneficial to the corporation in the sense that it will

save millions if not billions of dollars. Also, the provision helps these workers to have money to

support their own and their families' heads, thereby alleviating their poverty. These employees

would not be able to complete their tasks if they were to work only for an hour a day.

How it Works

It cost them a lot, but got them nothing in exchange. When the competition in the market

started, we tried to build a simple business model with as few variables as possible. I enjoyed

competing, which is why I worked hard to learn and improve. An even cheaper version of this

product was made due to the fact that the market was already competitive.

We found that it was impossible to remain the same, so we had to manufacture new

goods to increase our sales. We came out with our first product about 4 iterations from being
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successful. Except for smartphones, we were doing most of our business on a machine a lot of

hard work and scrutiny led us to success

Due to the disappointing sales of our competitors, we ended up with a bigger market

share in the second round than in all but one of the previous ones. Price for Industry was $35.

This is low-tech. Our consumers are supplied with the finest quality at the lowest possible price

while affording our companywide operating margin.

Main Functions of the Company

The main purposes of the organization are profit maximization, social responsibility,

employee productivity, and strategic planning. Finding out where it was complicated, we couldn't

get everything in order. We were initially very successful in the sector, but unfortunately we just

thought about what we should do and not what we should do. We have found it to be problematic

in every industry we have examined. Instead of asking for anything, we just invested half I must

make this purchase, or risk falling into the pit of unsustainable debt which would've had I seen

earlier?

We must also be concerned about other groups, such as retailers, the media, and potential

clients, and others who may be in the maker market. If our price increased by three dollars, so

would our profitability or efficiency. In order to maintain customer loyalty, we must provide

value to our customers, even if it costs a little more.

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Determinants

Consumer demand is the primary driver of business growth. The things that impeded our

progress led to our problem with our goal. Overall, my business was good. We are staying within

the cheap sector, but we have long-term ambitions to join the high-tech industry. We did well

because the low-tech business markets had the best value. They created new technology to see

how they could make money. Actually, they were absolutely mistaken. The way you conduct

your business has a direct impact on your financial results. We pre-stocked all early, we were

unsure about what else we would be able to sell. We were able to maintain our company's status

and released new products that we had not been able to manufacture before.

Now that you know our decisions on each of which firms, let's discuss their decisions we

first agreed to start our project in the R&D department. In this, we utilize next-generation design

and new manufacturing processes for scale, performance, and assembly rigidity. In essence, our

performance is improving, while our scale is diminishing, which means we can still see how our

products compare to those of our competitors. Our company's growth and creativity influences

our revenue and operations. If we do not build on our current practice, we will lose our

customers
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We'll have to put our project on hold before we find a solution. This is what we

visualized when competing in the R&D project. Regardless of who else came up against us, we

stayed constant with our record and business size. We outpaced our colleagues when we were at

a 14.7 and fell to a 5.3, demonstrating that we can defeat low-tech competitors.

Since then, we've had 25% of the market. Describes your pricing, your campaign

strategy, and how many units you anticipate selling Consider, for example, you could be giving

away too many free things. You may be losing out on potential sales, as your goods are currently

out of stock. Overhead costs are inevitable and results in the total output of many products.

Please look at the graph below, which highlights our budgets as well as our estimates of revenue

and goods to come.

However, we are not in a position to carry out any quick tests as we are just getting

started in growth marketing. We now know what we know in this visualization. A year after all

our printing expenses were covered, we learned that we had loyal customers that we didn't want

to lose, and it was frustrating because of the effort and the money it would take to get them back.

In the year 2027, we had run out of new things to design. We didn't change our revenue goal.

This made us more successful, allowing us to sell out of the stock. Monism was supposed to have

an effect on production and human capital, while the financial sector was centered on it

We would achieve greater capacity and improve our human capital, then buy new

equipment, then recruit and train new employees. This performance lagged behind at the end

It has two drawbacks. You'll be lost if you try to recall what you've learned. When we

started, I knew that I was responsible for the end result. Below, here the number of barrels per

batch shows you how much more space we had, and what each technique added to the finished

product
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It was said previously that the demand for cake and carrot production are comparable.

We did the bulk of the work, and in general, in Round 9 the rivalry foiled our plans. Once we had

ordered 5000 goods though we still had 4000 in stock. This was the round where I began to see

the forest and the trees.

After we reached 4000 items in inventory, I realized we had to get rid of those things.

Instead of disposing of these, I just purchased a new quantity of 4000 so I was at last prepared to

start getting rid of those things. The next stage was when I sent out nothing in order to raise

sales. Finally, when we got those items back on the sales floor, I felt relieved this is all how we

got to the Human Resources department, so it is best to go. This graph will display our expenses

and our working hours in training.

It's fascinating to see in the graph that we spent a lot of money on recruitment but we still

had the most workers who could deliver our product. We were only allotted 80 hours for training.

Furthermore, that depleted our profitability, as we had to invest a lot of money in the warehouse

when our goods were not being sold, which is costly. Financing is also has a significant role in

the Simulation and Administration portion of the game.

We were harmed in the most by the finance portion of the simulation because they hold

all the cards. It was complicated because we had to make up numbers just to satisfy the

algorithm's requirements. At the beginning of the competition is when we were only getting our

feet wet for our financial portion. Losing money forced us to cut out our losses in the

competition. Nowadays we're the only company still loaning money in the game. It didn't help

because no one else in my party could get through the hard part because she was all alone.

Chester was really successful in the competition though we didn't understand what we

were doing, we stuck with it. It came as a complete surprise to us that we were the market leader

in the low-tech competition. That was always our target, and we've still managed to accomplish
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it. We wanted to be the top seller of goods and get our customers updated. We did a decent job

marketing those goods. It also helped that we had a lower price for our goods as competitors had

higher prices, so we were having their customers at a cheaper price.

Aside from the difficulties we had, it's become clear that many businesses use this when

requesting orders or changing rates. They are attempting to use a system similar to our

company's. I think that when I get to work, I will be able to use what I learned in this simulation,

such as finding out whether we have enough money to buy new things.

Overall, Chester is doing well. For anyone in the area of marketing, human resources, or

finance and growth, I would highly recommend this simulation.

These events needed our product, our facility, and our resources. If we had two items for

sale, the better things you will get. Many consumers are looking for products based on location.

If it is accessible to the consumer, it will be purchased more frequently. People are likely to want

to buy something that is affordable, as well. Our last impact was human and financial these two

individuals see how good the business is doing or how well it is losing money and know how to

resolve problems

External factors have no ability to affect external factors we had on our business include

the rivalry businesses do not want to compete A further impact was the economy. Since our

consumers were unable to purchase, we had to could our price in order to meet the competition.

Any business will face challenges, but to get your company back on track, you must remain

strong and resolve them.

Conclusion

My experience of running a business has totally improved after I did this simulation. I'm

now more conscious of what people deal with their business on a regular basis. This simulation

will make my job a little easier now, considering I had some experience with a business that
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started great but then slowly declined. While we started declining, I know what to do to help our

business get back on track with our income.

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Reference:

1. Dess, G. G., Menamara, G., Eisner, A. B. & Lee, S. (2019). Strategic Management Text &

Cases. Mc Graw-Hill Education.