Arturo Saenz
Strategic Management
Professor Martello
Thursday, May 2, 2019
At first, I faced many challenges when completing the Foundation stimulation. I
didn’t know if I should create a product in the first round. Also, marketing decisions were
really hard at first because I thought I was spending too much money in marketing. At
the end I understood that marketing is essential to promote the product and for people
to buy it. Also, I had heard about many of the finance terms but didn’t know how to apply
them in the simulation. When it comes to finance, I always tried to stay positive at the
end of my decisions and tried to have enough cash before using long term debt.
I overcome these difficulties by watching YouTube videos and reading blogs that
helped me understand a lot better the software. For example, I learned that When TQM
Starts, you want to spend $1500 on the first round, then $1500 on the second round,
and then finally $1000 on the third round. This expenditure would be for every single
aspect in TQM. When it comes to R&D it is vital
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