Inventory management is critical to success in the simulation. With respect
to your team, discuss how you decide to balance the risk of stockouts
against the costs of maintaining excess inventory.
Inventory is increasingly being measured as an important
Why do firms tend to cluster into strategic groups? Would it not make
sense for firms to spread out across strategic spaces? Why or why
not? Explain your rationale. How likely is it that firms competing in
other strategic groups will adapt their strateg
What is the purpose of multifunctional teams in business decision making?
The decision making process of an organization is a very important process to get to
the bottom of the problem as quick as possible and implement suitable solutions. In
How does the accrual accounting system impact the financial statements
and the standing positions of firms in the simulation such that these may
not reflect the true, long-term sustainability of the firms' strategies? What is
being "unaccounted" for? Wha