After reading your materials, play the Tata simulation.
Website:http://info..edu/mba/
Directions: (5 Page paper)
Need Assignment by Monday 07/18/2016. Today is 07/15/2016.
Website is provided above for assistance.
After reading your materials, play the Tata simulation. Think about it. Try alternatives. Play it again. Get the most that you can from it. Just because the simulation says "Priced right" after you plug in a choice doesn't mean you should stop. Look at other choices and try to understand the difference in results.
Now, write up your assignment. Assume it is9 weeks from nowand your CEO has asked you and a number of your colleagues to play the simulation and to send a memo to her explaining what you have learned and how it relates to material she has asked you to read. She has played the simulation and is very familiar with it. She is also using this assignment as part of her decision as to who to promote to some important positions which have opened up. Give specific details of the results you obtained and alternatives you looked at while playing the simulation. Discuss why one decision is more appropriate than others.
It is your decision as to how to make your response effective. Just as in real life, your CEO will decide if you have made appropriate choices. How do you write it? How do you format it? Do you have an executive summary? Do you have an introduction, a conclusion? Do you have someone else proofread and offer criticism? You are about to have an MBA. When people know you have an MBA, they will ask YOU these questions.
Remember, anyone off the street can play the game and talk about it. You are an MBA, relate your experience to what you learned in the assigned readings and previous course work, (and other research, if you have time). First, do the basics well and then expand. Don't just throw a lot of poorly written material together. Provide sufficient detail so the reader knows which industry structure scenarios you made specific strategy decisions for and how the concepts, tools and frameworks from the assigned readings and/or from prior MBA courses supported those decisions.
After playing the simulation game, write a 5-6 page paper covering the following questions.
Resources that may be used:
- Grant, R. M. (1991). The resource based theory of competitive advantage: Implications for strategy formulation,California Management Review, 33(3). 114-135.( Library)
- Schmitz, A. (Trans.). 2012.Resource-based theory.
- Thousand Insights.Porter's generic strategies
- Roy, A. (2003).Game theory in strategic analysis.Journal of Management Research (09725814), 3(3), 127-138.( Library)
-
Rating:
/5
Solution: After reading your materials, play the Tata simulation.