Every companys strategic challenge is to set a strategy and incorporate it into all the planning, decisions, and actions taken to operate all areas of their business. To track progress, a company will regularly monitor performance measurements and make adjustments in its planning and actions for the next period.

Assignment 2 allows you to practice using the GLO-BUS simulation to input scenarios to achieve a successful result based on your selected choice of strategy.

This assignment covers the following course learning outcomes:

• 2.5 Discuss and implement strategies to maximize shareholder wealth
• 2.6 Develop and implement strategies that will result in the corporation attaining a competitive advantage in the market
• 3.2 Discuss and simulate the implementation of different strategies companies can pursue in markets
• 4.3 Assess a company's financial condition and decide what proactive approaches to take
• 4.6 Develop financial and cost management skills

How to Proceed

There are two (2) parts to this assignment: (i) inputting decisions/actions and (ii) submitting a report. The inputting task must be completed by the end of module 7 and the report document must be submitted by the end of module 8.

(i) Strategy Input

For this practice activity, choose a strategy and input different scenarios to achieve a successful result. You may choose not to reveal your actual strategy for gameplay, but rather use a strategy to give yourself practice translating your business strategy into actions taken to manage your business operations.