Class 1

Evaluation
- Score in the Simulation (70)
- Reports & CP (30)

2 Practice Rounds + 10 Rounds (7 marks)

VMO Report (Strategy is Formulated)
Game - Implement the Strategy
VMO Achievement Report

Objective of any Business - Growth & Profitability

Step 1 - Forecast about Changes in the Industry. Will it increase or decrease? How
is it going to change? Demand Estimation for the Industry
Step 2 - Market share that your company can capture from the Industry? Demand
Estimation for the company
Step 3 - Production planning. Do you have enough capacity? Will you manufacture or
will outsource?
Step 4 - R&D
Step 5 - Staffing decisions
Step 6 - Marketing Decisions
Step 7 - Logistics
Step 8 - Financing
Step 9 - Tax