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Assignment 1 - Strategy Formulation Document
Assignment 1 - Strategy Formulation Document
1. What are the key points that you have learned from the practice round? (6 points)
Specifically:
(Please note that in answering these questions, you need to refer to specific evidence
from the game. Screenshots, tables, and figures based on game data are expected).
a. What are the key points about the current state and context of the company that
you should take into consideration in your decision-making? (1 pt)
b. What useful information do you get from the market outlook? (1pt)
c. In the Decisions tab, what are the key business decisions that you need to make,
and which decisions are related to each other? (2 pts)
d. In the Results tab, what are the specific data and KPIs that are most important for
you to monitor, and how will you use these in the next round(s)? (2 pts)
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3. Based on your learning points and intended competitive strategy, what key
operational (game) decisions will you make in order to successfully implement this
strategy? (8 points)
Specifically:
Please note that in answering these questions, you should apply specific concepts
that you learned from your MIB core courses (and electives, if applicable)
a. What is your strategy for forecasting the demand for your products? (1pt)
b. What is your production/manufacturing strategy? (1pt)
c. What is your HR and R&D strategy? (1pt)
d. What is your logistics and tax strategy? (1pt)
e. What is your Finance strategy? (1pt)
f. What is your Sustainability/CSR strategy? (2 pt)
g. What is your strategy for how you will work and/or divide tasks as a team? (1pt)
4. You want to spread the word about your Mission Statement. Since you have
decided to post it on the different social networks of your firm, including Twitter/X,
you are bounded by the 280-character limitation of the latter (provide the number
of characters, spaces included in these 280 characters) (2 pts)
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Grading criteria:
5. Penalty will be applied if the report is inconsistent with the actual decisions made
during the game.