I will put sample here and you can follow the sample to do my homework. 1-2 page is enough!You are to prepare a Simulation Report for Practice Year 11, similar to the one provided in the module. Please understand that the content of the report will be based on your mission, generic strategy, strategy for international operations, and the decisions that you made to support your mission and strategies. Submit the report as a Word document.
Unformatted Attachment Preview
CEO ? James Kirk
The mission of Knockout Shoes is to be recognized as a socially responsible company
providing high quality shoes for the North American and Latin American markets.
Knockout Shoes is pursuing a focused differentiation international strategy while
addressing socially responsible business practices. The decisions by operations,
financing, and marketing support this strategy because we have limited all
production to North America and Latin American. We have limited sales to
Wholesale and Internet sales in North America and Latin America. We have
purchased the contracts of Ophrah Beyonse, Tiger Green, and Jose Montana. We
have engaged in green manufacturing practices. We have limited the number of
models sold. We use high-quality materials in the manufacturing process. We have
provided sufficient capital to sustain operations. We have provided a return to
stockholders and to society.
VPO ? Darth Vader
We produce all of our shoes in North America and Latin America because this allows
for better control over the manufacturing process and reduces the cost to ship shoes
to the two target markets. We limited our models to 50 to maintain better control
over the manufacturing process and to limit the costs for styling. We have set our
superior material usage rate at 80% to ensure a high quality shoe. We use green
materials. We have set the enhanced styling features to $20,000 per model to
support the production of a shoe that is perceived to be high quality. We have
invested in energy efficiency. We use recycled boxing materials. Our entire
workforce has received ethics training, and we have a diverse workforce. We spend
$2,000 per worker on Best Practices Training.
VPM ? Hans Solo
We have set our wholesale price at $60 and our internet price at $85 because the
shoes are high quality shoes. We sell only in North America and Latin America. We
do not allow internet sales outside of North America and Latin America. We have
contracted with Ophrah Beyonse, Tiger Green, and Jose Montana because these
three have the best celebrity appeal scores for our two markets. We are not
offering contracts to any other celebrities. We do not provide for private label
production because it does not support our strategy of focused differentiation. We
have set our advertising budget at $10,000,000. We offer a $3 rebate as part of our
advertising strategy. We are able to provide delivery within 1 week because most of
our shoes are manufactured in the country in which they are sold. We have few
shipments between North America and Latin America.
VPF ? Mr. Spock
We have issued 100,000 shares of stock and secured a 10-year bank loan of
$8,000,000 to finance operations. We declared a dividend of $.15 to provide a
return to stockholders. We have plans to ensure that ROE is at least 15% per
year. We have plans to ensure that our cost of pairs sold is no more than 53%. We
have plans to ensure that our default risk is no more than Medium. We have
committed 3% of pre-tax profits for charitable contributions.
Purchase answer to see full
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more