We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Business game modified assignmen - Essay Example

Comments (0) Cite this document
Summary
VICA – Enjoy The Difference TABLE OF CONTENTS Introduction. Company Performance. Learnings…
Download full paperFile format: .doc, available for editing
Polish This Essay91.5% of users find it useful
Business game modified assignmen
Read TextPreview

Extract of sample
"Business game modified assignmen"

Download file to see previous pages This company has gained great praise due to its ability to maintain its name in Europe as a car-manufacturing corporation. The corporation has endeavoured to produce high quality cars by using high technology. The company has also managed to remain stable in the competitive European market. In order to fit in the market, the company created an initiative of assessing its target customers, with the aim of acquiring maximum profits from their business initiative. Effective marketing ensures competitive advantage by appealing to consumer values and preferences (Porter 1985; Porter, 1987). At the commencement of the project, our team embarked on a mission to maximise the company’s profits by weighing the shareholders’ investment. At the end of Round 4, our group had managed to acquire about four percent of the market share inclusive of the City and Large car. Our company is keen to check the profit and losses incurred by VICA. Focus on the workers’ demands is among the company’s major concerns, which it does in order to develop a rapport between the management and the workers, as well as to keep the company on its toes. The target group of the company’s City car falls below 25 years of age while the Large car is aimed at persons between the ages of 41-55 years. In terms of the City car the vehicle is suitable for short distances and is affordable for young people. On the other hand, the Large car is suitable for older people who need to carry luggage of varying sizes and move over longer distances. The forecast for Round 1 can be summarised in the table on the following page. The table is inclusive of sales, profits and balance. The forecast for the City car stood at 53300b while that of the large car was 40950b. CASH FLOW FORECAST Cash In Cash Out Opening Bank Balance ?500,000,000.00 Sales Income ?1,628,805,750.00 Total Material Cost ?1,211,774,167.50 Total Labour Cost ?47,000,000.00 Total Overheads ?242,508,062.56 Factory Cost ?650,000,000.00 Automation Expenditure ?17,500,000.00 Tax Payment ?38,392,055.98 Net Interest Payment ?0.00 Bank Balance before Loan -?77,918,536.04 Loan Requested ?200,000,000.001 Closing Bank Balance ?122,081,463.96 Company Performance Round 1 Forecast Model based on production, sales and bank balances pre- and post-loan Production 94,250 Sales ?1,630 m Post-Tax Profit ?86.9 m Bank Balance Before Loan ?- 77 m Bank Balance After Loan ?123 m The process of launching the cars into the European market was a complex task that needed to consider elements of establishing an appropriate pricing model, determining manufacturing capacity, the volume of labourers required, and profit/loss projections based on cost recognition. Strategies for launch included first identifying key market characteristics associated with lifestyle and preferences for small/large cars along with environmental attitudes. Market Share Analysis, Gross Margin and Post-tax Profit Round 1 Overheads Overheads Income Cost Fixed Overheads ?128,958,062.56 Market Promotion ?55,000,000.00 Research & Development ?48,700,000.00 Training Cost ?940,000.00 Total Overheads ?233,598,062.56 Budget capabilities, which maintained oversight related to loan procurement as a failure to include loan capital in the figures, dictated limited production capabilities due to overhead and other associated factors related to economies of scale and capital availability. The first production run for Citzen cars was 53,300 whilst larger cars were to be produced ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business game modified assignmen Essay Example | Topics and Well Written Essays - 4250 words”, n.d.)
Retrieved de https://studentshare.org/business/1400681-business-game-modified-assignment
(Business Game Modified Assignmen Essay Example | Topics and Well Written Essays - 4250 Words)
https://studentshare.org/business/1400681-business-game-modified-assignment.
“Business Game Modified Assignmen Essay Example | Topics and Well Written Essays - 4250 Words”, n.d. https://studentshare.org/business/1400681-business-game-modified-assignment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business Game Report
In the case of the footwear company we see the decisions made especially cost it sales in the twentieth year since it had the lowest sales. It is necessary to be competitive in the market and thus the co managers need a clear view of the trends of the market so as to be effective in the management of the company.
7 Pages(1750 words)Essay
Business Strategy Game Report
Introduction This report will closely study and analyze the footwear company over the last 10 years. Specific years in the course of the 10 year period will be analyzed by showing the market trends. This report will also analyze critically the marketing strategy scoreboard and how they have influenced the performance of the footwear industry.
6 Pages(1500 words)Essay
The Business Strategy Game - BSG Online game
Therefore, we had to carefully come up with well thought out business strategy decisions for our company, Zenith Company Limited. Our decisions for each year included application of porter’s five forces of competitiveness in a market, analysis of strengths, weaknesses, opportunities and threats, the strategy clock and the focus strategy (Roy, 2009).
8 Pages(2000 words)Essay
Modified Rules for Kick-ball Game
The given rules shall be strictly followed by the healthy players, and maximum flexibility shall be provided to the disabled players, however the extent of the flexibility shall be at the discreet of the first and third base coaches, not the players. The team shall consist of eight players, and minimum six players shall participate in the game.
3 Pages(750 words)Essay
International Business Alliance (based on the Business Strategy Game)

The paper tells that the flexibility currently enjoyed by the management teams at Didas and Kachilles Heel will be streamlined and facilitated to reach a compromise that will benefit both firms. The benefits of alliance constellation will be accurately identified and closely monitored, as far as commitment is concerned as illustrated in the paper.

4 Pages(1000 words)Essay
Business Simulation Game (Individual Report)
As much as it is crucial to have an overall direction, it is also fundamental for a company to exercise flexibility to fit in the changing environment. This task gives the breakdown of the external and internal
14 Pages(3500 words)Essay
Game
Games and simulations have entirely changed the face of entertainment in the contemporary technologies. Appropriate simulations and gaming incidences take advantage of
1 Pages(250 words)Essay
Business Simulation Game (Individual Report)
We were tasked with implementing a new strategic plan put in place by its board of directors on behalf of the shareholders who were demanding better performance results. My management team has been overseeing the strategic
14 Pages(3500 words)Essay
Business strategy - business game
Simulation games are especially important in the field of managing businesses as well as the corporate strategies (Sharif & Ranchhod 2009, p. 3). The blending of content curricular and design simulation technology gives the students risk-free opportunities that test
12 Pages(3000 words)Essay
Business strategy-business game
The use of the business strategy game simulation is done for the analysis part. The global market for athletics footwear is analyzed and the different factors affecting the market are studied with the aim of devising the
12 Pages(3000 words)Essay
Let us find you another Essay on topic Business game modified assignmen for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us