Business Strategy Simulation Essay

561 Words3 Pages

Strategy Simulation Exercise
1. The playing of the strategy simulation game, including
Business or investment is a risky proposition and requires careful analysis to ensure the investor makes the right decisions linked to the investment. It’s vital to make sure every aspect linked to the business strategy plan is carefully management and observed to ensure high quality performance and product development. There is no specific limitation or strategy linked to handling the simulation games but they would depend directly on the entrepreneur since each one has their own approach and modification require to be made to address the different aspects associated to investment situations which can improve a business’s final decision. And approach linked to making an investment or developing a new product.
2. What decisions you made,
With regard to the Quasar notebook computer, the price plays an important role towards determining the notebooks success since the consumer will always observe a new brand with speculation and use is price to determine the quality and performance of the …show more content…

Notebooks which attract high prices have been noted to record major slumps with regard to the number of products sold and the duration they were sold. A brand sold for 1400 began by registering decreasing sales but as the quality was judged gradually the brands reputation improved and this resulted in the line graph rising. All products above $2500 all register low sales and a rapid reduction in popularity but exhibit an important future were they intersect at a specific point around the $1850 range. This demonstrates that this is an important resistance level which will also indicate that the price is one which may attract more buyers for the product despite of it being new brand to the