Did the author explain why they chose the sell price they set for their fast-cooker this round, and did they back up their decision with the results of their analyses?
Did the author explain why they chose the sell price they set for their fast-cooker this round, and did they back up their decision with the results of their analyses?
August 24, 2020 Comments Off on Did the author explain why they chose the sell price they set for their fast-cooker this round, and did they back up their decision with the results of their analyses? Uncategorized Assignment-helpModule 6 Simulation Assignment DirectionsFor this assignment, you will need the following:Download Simulation – Workbook – Round 6.xlsxPreview the document. Open it in Microsoft Excel, or upload it to Google Drive, where you can open it in Google Sheets. Find the Competitive Assets Inventory tables at the end of the Strategic Management Handbook, chapter 11, the VRIN Test tables at the end of the Strategic Management Handbook, chapter 12, and the SWOT Analysis tables at the end of the Strategic Management Handbook, chapter 13.To complete this assignment, follow these instructions:Download and open Simulation – Workbook – Round 6.xlsxPreview the document.Follow the instructions on the cover page, which will guide you through the process of modifying the fast-cooker you want to sell in this round of the simulation. But note: your choices should be guided by a Competitive Assets Inventory, a VRIN test, and a SWOT analysis. To perform a Competitive Assets Inventory on your company, use the Competitive Assets Inventory tables included at the end of the Strategic Management Handbook, chapter 11 as a template. Reproduce those tables in a Microsoft Word/Google Docs document, and fill them in accordingly.To perform a VRIN Test analysis, use the VRIN Test tables at the end of the Strategic Management Handbook, chapter 12 as a template. Reproduce those tables in your document, and fill them in accordingly.To perform a SWOT analysis, use the SWOT tables at the end of the Strategic Management Handbook, chapter 13 as a template. Reproduce those tables in your document, and fill them in accordingly.When you are finished, include in your document a summary of all three analyses, and a summary of how that guided you in modifying your fast-cooker, and modifying the sell price and number of units you want to produce this round.When you are finished, upload both your Workbook and your Write-up to Module 6 – Simulation Assignment.In your workbook and document, be sure to complete the following tasks:Make sure that your write-up includes a completed Competitive Assets Inventory, a completed VRIN test analysis, a completed SWOT analysis, and make sure that you uploaded your spreadsheet.Summarize (in prose text) what you learned from the Competitive Assets Inventory.Summarize (in prose text) what you learned from your VRIN test.Summarize (in prose text) what you learned from your SWOT test.Explain why you chose the parts you put into your fast-cooker this round. Back up your decision with the results of your analyses.Explain why you chose the sell price that you set for your fast-cooker this round. Back up your decision with the results of your analyses.Explain why you chose to produce the number of units that you set for your fast-cooker this round. Back up your decision with the results of your analyses. SubmissionUpload your assignment to Canvas by Sunday 11:59 p.m. US Eastern Time. Click the Submit Assignment button on the upper right corner of the screen. Scroll below for the File Upload box to choose and attach your file for uploading to Canvas. GradingThis assignment will contribute 7 points towards your overall course grade. In the next module, you will use the following rubric to review and assign points to your peers’ assignments:TaskPointsCriteria a 1Did the author upload their workbook, and did they include a completed Competitor analysis and a completed KSF analysis in their write up? b 1Did the author summarize with prose what they learned from their Competitive Assets Inventory, and does their summary actually match what is in their tables? c 1Did the author summarize with prose what they learned from their VRIN Test, and does their summary actually match what is in their tables? d 1Did the author summarize with prose what they learned from their SWOT analysis, and does their summary actually match what is in their tables? e 1Did the author explain why they chose the parts they put into their fast-cooker this round, and did they back up their decision with the results of their analyses?fDid the author explain why they chose the sell price they set for their fast-cooker this round, and did they back up their decision with the results of their analyses?gDid the author explain why they chose to produce the number of units that they set for their fast-cooker this round, and did they back up their decision with the results of their analyses?All Simulation Assignments will contribute 30% towards your overall grade.The following course reader and textbook is required for this assignment. Paasch, JT. (2020). Strategic Management Handbook.


