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Pages:
12 pages/≈3300 words
Sources:
15 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 62.21
Topic:

Discussion on Business Strategy Game Report

Term Paper Instructions:

Requires a combination of online simulation game data analysis, this paper analyzes the reasons of each step as a result, important decisions need to be in a simulated game data capture, with what the report needs to reflect the company strategy, and strategy definition must be the same, made what decisions need to be reflected in the report.
The seventh part of the report needs to reflect on every decision, and every change in strategy needs to be explained every year. the report's 7 8 98 parts is very important.
strategic model mainly adopts low-cost strategy
The report should be clearly structured and follow a logical format. A contents page should be included
which should adequately set out the structure of the report in a systematic way.
1. Introduction
State clearly what the report is about and the sequence of key tasks/events to follow.
2. Competitive Strategy
This section requires the description of the (Generic) Competitive Strategy your company has pursued
in its attempt to gain real competitive advantage
3. Industry Overview
This section requires the analysis of the Macro environment (through the PESTEL model); the
analysis of the Industry (through the Five Forces of Competition framework); and the identification of
the main opportunities and threats.
4. Company Overview
This section requires a brief Background to the Company to provide a context for the report. You are
expected to describe: the mission and vision of the company; the markets/regions it operates in; the
number of firms competing in the industry; the company's competitive positioning (per product type)
for respective geographic regions; and the main potential strengths and weaknesses of company.
5. Decisions Made
This section requires a detailed description of the KEY DECISIONS MADE each year (from Year 11 to
Year 15 inclusive). For each year, you are expected to describe: What key decisions did your company
make? Why did you make these decisions? What results were you hoping for? Where did the company
place in the industry? Did demand increase; by how much; in which markets? Did market share
increase; by how much; in which markets? Did retail coverage increase; by how much; in which
markets? Did you meet investors' expectations? How did you perform in relation to competitors?
You need to provide evidence of the decisions taken and results achieved every year by including the
screenshots from the game in Appendix.
6. Final Results
This section requires to provide an assessment of how your company performed overall. You are
expected to: discuss the retail coverage and market share for each of the markets you operated in;
discuss your overall competitive positioning in your industry;
7. Reflection
Discuss how well or how poorly you performed. Your reflections and self-appraisal of either business
success or failure is the key aspect of this section. The actual success or failure in the game is not the
key issue: the most important aspect of this section of your ability to reflect and learn from the results
achieved.
8. Underlying Strategic Principles
In this section you can provide some discussion and analysis on the need for strategic thinking,
strategic visioning and strategic management of the company.
BUSI 1324, Managing Strategy 2017-18 14
9. Key Learning Points about Strategy
Provide some discussion/analysis which might include the following:
• Importance of assessing the macro-environment.
• Importance of assessing the industry and competitors.
• Complexities of running a company.
• Importance of having a clear and shared focus for the company.
• Strategic analysis and planning required for maintaining competitive position.
• Complexities of meeting different stakeholder expectations.
10. Conclusion
In this section you are expected to reflect on the main issues uncovered and lessons learned through the
simulation exercise as they relate to: the actual strategic decision making process; the interaction among
team members; and your own personal performance and experience.
Reference List (Alphabetical order and Harvard style. It is not included in the word count)
Appendices (not included in the word count)

Term Paper Sample Content Preview:
      BUSINESS STRATEGY GAME REPORT   Student: Professor: Course Title: Date:                   Table of Contents Title: Business Strategy Game Report 3 1.0        Introduction. 3 2.0        Competitive Strategy. 3 3.0        Industry Overview.. 4 3.1        PESTEL.. 4 3.2        Five Forces of Competition Framework. 6 3.3        Opportunities and Threats. 7 4.0        Company Overview: Company E.. 8 4.1        Potential Strengths and Weaknesses. 8 5.0        Decisions Made. 9 6.0        Final Results. 12 7.0        Reflection. 14 8.0        Underlying Strategic Principles. 14 9.0        Key Learning Points about Strategy. 15 10.0     Conclusion. 16 11.0     References. 17 12.0     Appendices. 19                

Title: Business Strategy Game Report

1.0       Introduction

Business strategy is understood as the means through which an organization sets out to attain its objectives and goals. It is essentially a long-term business planning. Strategy is a direction towards a given goal (Williams 2009, p. 117). Strategic thinking is of great importance in the multi-faceted, dynamic and complex business world of today. Managers at every level have to possess strategic skills and be capable of thinking strategically (Johnson, Whittington & Scholes 2012, p. 42). This paper provides a reflective report on the business game simulation. The generic competitive strategy pursued by our company, namely Company E, is discussed. The report also describes the competitive strategy, industry overview, overview of Company E, decisions that managers of our company made from Y11 through Y15, the final results showing how Company E performed overall, and reflection on the company’s performance. In addition, a discussion on the underlying strategic principles is provided. Lastly, the key learning points with regard to strategy are analyzed.

2.0       Competitive Strategy

Company E pursues the low-cost strategy, which is commonly referred to as cost-leadership strategy, as it attempts to gain real competitive advantage. By using this competitive strategy, Company E is seeking to operate more cost-efficiently than other firms, minimize its expenditures, and offer its products at prices lower than that of its competitors. Uggla (2015, p. 8) mentioned that the low-cost strategy is crucial to stimulating the demand of an organization’s products and helps to increase sales.

3.0       Industry Overview

3.1       PESTEL

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