QuickHelper

(10)

$20/per page/

About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 356 Weeks Ago, 3 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 29 May 2017 My Price 8.00

price elasticity,

Question description

 

Please respond  to the following  and provide feedback with 300 words.

 

My key decisions and strategy for this weeks game came from using price elasticity, and forecasting the price of shoes for that year.  Predicting material prices were also a good way of forecasting profits and a positive cash position.  I have used my business/economics background as a tool to help my position in the game.  I am not sure that this will work but I hope that I have made some positive movement for year 11 in the game.   The first thing that I would recommend to anyone playing the Business Strategy Game is to first read the players manual and the last years reports .  This way a player will have a baseline to judge future decisions and forecasting by.  I love competition, and this game is a way in real-time that a player can show what he or she is really made of.  Also, practical real-life jobs that a person may have would be a real advantage if they were in the retail business as a manager.

Answers

QuickHelper
(10)
Status NEW Posted 29 May 2017 03:05 AM My Price 8.00

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