business plan - 2342 Danny O'Leary Objectives: My main...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
2342 Danny O’Leary Objectives: My main objective in this simulation is to maximize my contribution margin through each round of Foundation. By reaching to achieve the best contribution margin I will than in return maximize my profitability. Strategies: My strategy for Foundation is to create two different products, one low-tech product and one high tech product. My strategy for my low tech product is to follow along the guidelines of the “Cost Leader with Product Life Cycle Focus” strategy by minimizing costs for the every day customer I want obtain a low return on sales from my low tech product but at the same time I want to be able to sell a large amount of inventory. For my high tech product I am going to follow the “Niche Differentiator” strategy. I am going to create the best high tech product by investing in R&D so even though this product will cost a large amount of money, customers will have to have my product.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/25/2008 for the course ECON 404 taught by Professor Duy during the Fall '07 term at University of Oregon.

Page1 / 2

business plan - 2342 Danny O'Leary Objectives: My main...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online