Question
In your MBA program you learned about how operations relates to business strategy and you learned how to manage business operations based on a global
In your MBA program you learned about how operations relates to business strategy and you learned how to manage business operations based on a global supply chain with diverse and geographically-dispersed suppliers and customers.
There are several ways to assess your company’s performance in the simulation, including the following: Cumulative Profit Ending Market Share Average ROS Average Asset Turnover Average ROA Average ROE Ending Stock Price Ending Market Capitalization
Discuss each of these eight performance measures in terms of what they measure and how they determine company performance. Then, relate them specifically to the company that you are working with by providing an example for each in regard to that company. Then, you will rank these in order of importance in terms of measuring performance and explain why they are ranked the way they are.
Choose three measures to base company performance on, given your company in the simulation, and discuss why you chose these measures. Finally, you will choose your strategy for your company in this simulation, whether it is a differentiation strategy or a cost strategy.
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Introduction Good performance comes alongside with of various strategies to reach major goals Maximizing profit and wealth are some of the fundamental goals of all the companys stakeholders especially ...Get Instant Access to Expert-Tailored Solutions
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