Economics for Managers Rochester Institute of Technology Summer 2011

Beat the Market Simulation

Firm 3 Clopton, Karwoski, Nelson

Introduction
[Brief overview of internal and external environment
Market structure Macro environmnet Decisions (description of options) Product differentiating Competition Strategy

Mention of the four key learning goals

Assessing risks and payoffs Applying quantitative analysis Subjectivity Risk (good decisions can still have bad results]

Decisions

Quarter 0 - background Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 5 Quarter 6 Quarter 7

Assessment of Team 6s strategy

Comparison of Team 3 to Team 6 Judgement Recommendation

Conclusion