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Capsim - Team 2C, ChesterKen Nguyen
Christina Williams Stella Ngan
Executive Summary Our goal was to adopt a Broad Cost Leader strategy, while maintaining a presence in both the high and low tech markets. We gained competitive advantage by lowering our material & labor costs. We were able to offer an affordable product without sacrificing quality.
Vision Statement - “To become a world leader by providing
high-quality at an affordable price.”
Intended vs. Emergent Strategy
Intended Strategy- To win market share and make profits by
cutting costs, improving processes, and being a broad cost leader in both low tech and high tech segments.
Emergent Strategy- Provide a broad range of products that
focus on consumer’s buying criteria, constantly search for efficiencies, and strive for ecological prosperity.
SWOT AnalysisStrength
● TQM & HR: Low material &
labor costs
● Stable market share
● AA stock bonds
Weakness
● Forecasting
● Customer satisfaction
Opportunity
● Gain Market Share
● Develop new products
● Coffee
Threat
● Competitor had more products
● Competitor price adjustments
Situational Analysis
Market Analysis● 5 Competing Companies
● 2 Markets○ Low Tech Market
● 9 competing products ○ High Tech Market
● 7 competing products
Market Analysis
Competitor Analysis
Competitor Analysis
Strategic Decisions
Strategic Decision● Invested in TQM in later rounds● Invested in HR ● Paid dividends
Learning from Experience
● Forecasting● Adjust our prices to attract more consumers ● Develop more products
Game EvaluationThis simulation was a valuable learning experience that gave us a chance to apply the skills we’ve learned through our education, and connect the dots to paint a better picture of business management.
It was adequately challenging, but not overbearingly difficult.