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A Business Simulation Model For Strategic Business Planning


A Business Simulation Model For Strategic Business Planning
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A Business Simulation Model For Strategic Business Planning


A Business Simulation Model For Strategic Business Planning
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Author : Edgar M. Brown
language : en
Publisher:
Release Date : 1988

A Business Simulation Model For Strategic Business Planning written by Edgar M. Brown and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business planning categories.




Business Simulation


Business Simulation
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Author : Markus Baum
language : en
Publisher: GRIN Verlag
Release Date : 2012-05-24

Business Simulation written by Markus Baum and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-24 with Business & Economics categories.


Template, Example from the year 2010 in the subject Business economics - Operations Research, The University of Surrey (School of Management), language: English, abstract: Abstract Business simulation is simulation used for business training or analysis. It can be scenario-based or numeric-based. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership (WIKIPEDIA). The authors participated in a simulation. The results and mistakes are discussed in this presentation. The authors also discuss the theoretical foundations. This book contains the presentations illustrated and supplemented by explanatory texts. Content 1. Team Organisation 2. Environmental and internal strategic analysis 3. Strategic brief 4. Strategy review 5. Internal control system 6. Financial analysis 7. Conclusion Keyword Business simulation, reflection report, automotive industry, Team Organisation, Environmental and internal strategic analysis, strategic brief, strategy review, internal control system, financial analysis, conclusion, leadership, teamwork, storming, norming, forming, performing, PESTEL, Porter diamond, Porters five forces, start up, market penetration, profitability, new products, relaunch, R&D, KPI, Product portfolio and target markets, SOWT, marketing mix, 4 P, Product, Price, Promotion, Place, Plan, Results, Lessons learned, miscommunication, communication process, COSO, Internal control framework, 5 year trend, profitability analysis, efficiency analysis, investment analysis,



Business Strategy Simulation Strategic Planning And Business Simulation Cases Revised Edition


Business Strategy Simulation Strategic Planning And Business Simulation Cases Revised Edition
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Author : Mehdi Hojjat
language : en
Publisher:
Release Date : 2009-01-01

Business Strategy Simulation Strategic Planning And Business Simulation Cases Revised Edition written by Mehdi Hojjat and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with categories.




The Business Strategy Game


The Business Strategy Game
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Author : Arthur A. Thompson
language : en
Publisher: McGraw-Hill/Irwin
Release Date : 1999

The Business Strategy Game written by Arthur A. Thompson and has been published by McGraw-Hill/Irwin this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.


The Business Strategy Game is the #1 selling computer simulation in the strategic management market.Simulation games are the single best exercise available for helping students understand how the functional pieces of a business fit together and giving them an integrated, capstone experience. First and foremost, the exercise of running a simulated company over a number of decision periods helps develop students' business judgment. Simulation games provide a live case situation where events unfold and circumstances change as the game progresses; students become personally involved in the subject matter. The Business Strategy Game is very typical in this respect. Students learn about risk-taking by plotting their competitive strategies each decision period. They respond to changing market conditions, react to the moves of competitors, and choose among alternative courses of action. They get valuable practice in reading the signs of industry change, spotting market opportunities, evaluating threats to their company's competitive position, weighing the trade-offs between profits now and profits later, and assessing the long-term consequences of short-term decisions. They chart a long-term direction, set strategic and financial objectives, and try out different strategies in pursuit of competitive advantage. They become active strategic thinkers, planners, analysts, and decision-makers. And by having to live with the decisions they make, they experience what it means to be accountable for decisions and responsible for achieving satisfactory results. All this serves to drill students in responsible decision-making and improve their business acumen and managerial judgment.In addition, students learn an enormous amount from working with the numbers, exploring options, and trying to unite production, marketing, finance, and human resource decisions into a coherent strategy. They begin to see ways to apply knowledge from prior courses and figure out what really makes a business tick. The effect is to help students integrate a lot of material, look at decisions from the standpoint of the company as a whole, and see the importance of thinking strategically about a company's competitive position and future prospects. Since a simulation game is, by its very nature, a hands-on exercise, the lessons learned are forcefully planted in students' minds-the impact is far more lasting than what is remembered from lectures. Third, students' entrepreneurial instincts blossom as they get caught up in the competitive spirit of the game. The resulting entertainment value helps maintain an unusually high level of student motivation and emotional involvement in the course throughout the term.New features of version 6.0 include programming changes to improve functionality, an enhanced stock option in the executive compensation model, and a conversion to Eurodollars. Version 6.0 is not compatible with any earlier version of the Game.



Business Strategy Simulation Strategic Planning And Business Simulation Cases 2010 Edition


Business Strategy Simulation Strategic Planning And Business Simulation Cases 2010 Edition
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Author : Mehdi Hojjat
language : en
Publisher:
Release Date : 2009

Business Strategy Simulation Strategic Planning And Business Simulation Cases 2010 Edition written by Mehdi Hojjat and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.




Managing Business Complexity


Managing Business Complexity
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Author : Michael J. North
language : en
Publisher: Oxford University Press
Release Date : 2007-03

Managing Business Complexity written by Michael J. North and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03 with Business & Economics categories.


Agent-based modeling and simulation (ABMS), a way to simulate a large number of choices by individual actors, is one of the most exciting practical developments in business modeling since the invention of relational databases. It represents a new way to understand data and generate information that has never been available before--a way for businesses to view the future and to understand and anticipate the likely effects of their decisions on their markets and industries. It thus promises to have far-reaching effects on the way that businesses in many areas use computers to support practical decision-making.Managing Business Complexity is the first complete business-oriented agent-based modeling and simulation resource. It has three purposes: first, to teach readers how to think about ABMS, that is, about agents and their interactions; second, to teach readers how to explain the features and advantages of ABMS to other people and third, to teach readers how to actually implement ABMS by building agent-based simulations. It is intended to be a complete ABMS resource, accessible to readers who haven't had any previous experience in building agent-based simulations, or any other kinds of models, for that matter. It is also a collection of ABMS business applications resources, all assembled in one place for the first time. In short, Managing Business Complexity addresses who needs ABMS and why, where and when ABMS can be applied to the everyday business problems that surround us, and how specifically to build these powerful agent-based models.



Simulation Models In Corporate Planning


Simulation Models In Corporate Planning
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Author : Thomas H. Naylor
language : en
Publisher: Greenwood
Release Date : 1979

Simulation Models In Corporate Planning written by Thomas H. Naylor and has been published by Greenwood this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Business & Economics categories.




Modeling And Simulation Techniques For Improved Business Processes


Modeling And Simulation Techniques For Improved Business Processes
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Author : Ebrahimi, Maryam
language : en
Publisher: IGI Global
Release Date : 2018-01-05

Modeling And Simulation Techniques For Improved Business Processes written by Ebrahimi, Maryam and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-05 with Business & Economics categories.


Companies are constantly faced with the need to grow and advance in order to compete with other corporations. The implementation of computer innovations allows for smoother transitions to adaptive changes through the use and understanding of analytical tools. Modeling and Simulation Techniques for Improved Business Processes is a critical scholarly resource that examines the systems currently implemented in companies and how they can be upgraded and advanced through various computer design methods. Featuring coverage of a broad range of topics including scenario planning, casual modeling, and system dynamics, this publication is targeted toward researchers, professionals, and engineers searching for current research on corporate innovations created through computer design methods.



Simulation And Games For Strategy And Policy Planning


Simulation And Games For Strategy And Policy Planning
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Author : Danny Saunders
language : en
Publisher: Psychology Press
Release Date : 1999

Simulation And Games For Strategy And Policy Planning written by Danny Saunders and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.


First Published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.



Business Case Analysis With R


Business Case Analysis With R
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Author : Robert D. Brown III
language : en
Publisher: Apress
Release Date : 2018-03-01

Business Case Analysis With R written by Robert D. Brown III and has been published by Apress this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-01 with Computers categories.


This tutorial teaches you how to use the statistical programming language R to develop a business case simulation and analysis. It presents a methodology for conducting business case analysis that minimizes decision delay by focusing stakeholders on what matters most and suggests pathways for minimizing the risk in strategic and capital allocation decisions. Business case analysis, often conducted in spreadsheets, exposes decision makers to additional risks that arise just from the use of the spreadsheet environment. R has become one of the most widely used tools for reproducible quantitative analysis, and analysts fluent in this language are in high demand. The R language, traditionally used for statistical analysis, provides a more explicit, flexible, and extensible environment than spreadsheets for conducting business case analysis. The main tutorial follows the case in which a chemical manufacturing company considers constructing a chemical reactor and production facility to bring a new compound to market. There are numerous uncertainties and risks involved, including the possibility that a competitor brings a similar product online. The company must determine the value of making the decision to move forward and where they might prioritize their attention to make a more informed and robust decision. While the example used is a chemical company, the analysis structure it presents can be applied to just about any business decision, from IT projects to new product development to commercial real estate. The supporting tutorials include the perspective of the founder of a professional service firm who wants to grow his business and a member of a strategic planning group in a biomedical device company who wants to know how much to budget in order to refine the quality of information about critical uncertainties that might affect the value of a chosen product development pathway. What You’ll Learn Set up a business case abstraction in an influence diagram to communicate the essence of the problem to other stakeholders Model the inherent uncertainties in the problem with Monte Carlo simulation using the R language Communicate the results graphically Draw appropriate insights from the results Develop creative decision strategies for thorough opportunity cost analysis Calculate the value of information on critical uncertainties between competing decision strategies to set the budget for deeper data analysis Construct appropriate information to satisfy the parameters for the Monte Carlo simulation when little or no empirical data are available Who This Book Is For Financial analysts, data practitioners, and risk/business professionals; also appropriate for graduate level finance, business, or data science students