StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

SIMULATION GAME - Essay Example

Cite this document
Summary
As internet becomes the most vital source of carrying out majority of activities, it has led to rise of a new form of online…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
SIMULATION GAME
Read Text Preview

Extract of sample "SIMULATION GAME"

Download file to see previous pages

In addition, the report would outline and provide a brief overview of the industry, particularly the shoe manufacturing industry, within which the company operates. The strategic direction provided for the same would discuss whether the strategic direction matched the outcomes. Finally, the report will outline on the strategic principles, based upon which the company operates and key learning points in the study. To assess the competitive strategy of Black Bottoms in the years 10-15, there is a requirement to analyze the ‘Competitive Intelligence Reports’ (CIR), which will provide a comprehensive understanding of the company’s market scenario.

The diagram provided below illustrates that the price, S/Q Rating, Models Offered, Free Shipping, Advertising, Celebrity Appeal, Online Orders, Pairs Sold and Market Share for Black Bottoms. The diagram above clearly displays the scenario of all the three segments for the year 2015 in the North American footwear market. Furthermore, the company has been unable to create a global differentiation strategy, as provided statistics reveals that the company’s S/Q rating, celebrity endorsement and additional services such as free home delivery were falling behind its competitors.

Hence, there is no such evidence on how the company has used a single strategy to gain a competitive advantage. The data available from other nations reveal a similar result, wherein, the company has not used any specific competitive strategy. Hence, it can be said that the company does not acquire any consistent competitive strategy. As it can be seen that the company has been redesigning its price structure and differentiating factors, it can be said that Bell Bottoms prefers to reinvent the strategies every year in order to pursue the upcoming opportunities in relation to the market forecasts.

Hence, it can be said that the company tries to gain its competitive advantage by updating its

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“SIMULATION GAME Essay Example | Topics and Well Written Essays - 3500 words”, n.d.)
SIMULATION GAME Essay Example | Topics and Well Written Essays - 3500 words. Retrieved from https://studentshare.org/management/1683641-simulation-game
(SIMULATION GAME Essay Example | Topics and Well Written Essays - 3500 Words)
SIMULATION GAME Essay Example | Topics and Well Written Essays - 3500 Words. https://studentshare.org/management/1683641-simulation-game.
“SIMULATION GAME Essay Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.org/management/1683641-simulation-game.
  • Cited: 0 times

CHECK THESE SAMPLES OF SIMULATION GAME

Human resource management simulation game of Green leafs hotels

HUMAN RESOURCE MANAGEMENT SIMULATION GAME OF GREEN LEAFS HOTELS The results of the first quarter show a general cost of hiring and layoffs of $216,000.... This is made up of a total of 64 new hiring, 5 promotion additions and 5 promotion losses.... There were various increases in the wages available for the various levels....
2 Pages (500 words) Essay

Strategy as the Long-Term Direction of Any Organization

As globalization leads to more business opportunities for our company, we have to change the roles of the business game and strategize accordingly with the changing dynamics.... Strategy is defined as the long term direction of any organization that takes into account the dynamic environment by configuring its competences, resources and fulfilling the expectations of its stakeholders....
13 Pages (3250 words) Essay

Simulation plan

The SIMULATION GAME was based on effectiveness, efficiency and financial soundness of the… The result was obtained since the problem that lay in lack of departmental integration, caused by VP technology manger, Jennifer Smith. Most actions moves are related to Due Simulation Plan Summary of the results The overall result of the simulation scored a 62% buy in.... The SIMULATION GAME was based on effectiveness, efficiency and financial soundness of the project....
2 Pages (500 words) Essay

Discussion board forum

On the other hand, andragogical approaches apply the use of experiential methods, such as problem-solving instances, lab experiments and SIMULATION GAME.... The two methods differ based on a number of assumptions.... Assumptions include aspect that the pedagogy approach perceives the learner as reliant, expecting the teacher makes the determination of… On the other hand, andragogical approach has a universal understanding that at some point, students undergo natural maturation....
2 Pages (500 words) Assignment

Practice Marketing and 3D Multiplayer Marketing Strategy Game

The best part of the SIMULATION GAME is that it allowed me to practice my marketing skills in a ‘real world' but in a much funnier way which enhance learning apart from honing my marketing skills by cutting out boredom, classroom monotony and increasing creativity.... his strategy worked miracles in my practice marketing SIMULATION GAME in that even other non-targeted customers were purchasing my backpack.... I highly appreciate this SIMULATION GAME since it has sharpened my skills in marketing and now I have immense confidence....
2 Pages (500 words) Essay

Myphone Simulation Reflection

In addition, the simulation was also aimed at creating awareness about various resources such as finances, research and development, sales, as well as the costs for carrying out different marketing activities that were required by the company.... The experience and the knowledge that were achieved from this simulation were intended to be used in sound decision making for the betterment of the growth of the company as far as its marketing sector is concerned.... The simulation will also help to add more knowledge in the world of marketing in this company, which have not been realized....
7 Pages (1750 words) Assignment

Availability of MIS in Markstrat

Technological advancements across the globe have… Markstrat is basically a business SIMULATION GAME which was designed by Jean-Claude Larreche.... Markstrat comprises of three important factors such as game In United States there are more than 500 academic institutions who currently utilize this program....
5 Pages (1250 words) Essay

Business Simulation Game Analyzing Heritage Tavern Company

The paper "Business SIMULATION GAME Analyzing Heritage Tavern Company " states that the promoters of the company are extremely competent.... They will also be responsible for strategy formulation and their implementation.... The company will have zero debt in its balance sheet.... hellip; We intend to achieve cost leadership in our segment....
6 Pages (1500 words) Coursework
sponsored ads
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.
Contact Us