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Please write a 4 page paper answering the questions below – the 4 page does not
Please write a 4 page paper answering the questions below – the 4 page does not include cover and reference pages. The paper must be based on the chosen strategy of broad differentiator in a simulated business world. please use 4 scholarly sources, you can use sources from the attached materials references. Use the 4 reports to answer the questions. You will be answering the question as a member of Team Chester, and our product was Cake in USA, China, and Germany.
Before your start the paper, please send me a message to ensure you understand the deliverable. thanks for your help
questions to answer:
1. What strategy were you implementing? What type of product (speed, accuracy, service life, and price) did you design in Round 1? Explain how your settings for speed, accuracy, service life, and price in Round 1 were driven by the chosen strategy.
2. How did you create a sales forecast in each round? Explain. For Round 1 only, how did you use the sales forecast for capacity planning?
3. What was the level of automation in your plant? Why? Discuss the role of contribution margins, if any, in your decisions regarding automation.
4. Are you running a second shift? Why or why not? Did you have inventory issues in any round? Explain.
5. Which country (or countries) and customer segment (or segments) were you targeting with your product and why? Describe any two marketing decisions that you implemented over the four rounds to enable your desired targeting. If you introduced a region kit, describe how that affected your sales.
6. Remembering what you have learned in MBA 620 and by referencing the financial accounting ratios (link to Learning topic from MBA 620), calculate the net profit margin ratio at the end of Round 4. What does this ratio tell you about the profit being generated?
7. Examining the balance sheet at the end of each round calculate the current ratio for each. Has the current ratio increased or decrease from round to round? Explain the major cause of the changes from round to round. Also, calculate the working capital for each round. Has your company had sufficient working capital in each round? If not, why not?”
8. Adequate cash flow is required for a company to support operations, invest in the future, pay down long-term debt and reward shareholders with dividends. Analyzing the Statement of Cash Flow for each round identify the change in cash flow from the previous round and identify the major cause of this change.
9. At the end of Round 4, how aware are consumers of your product in each country? How accessible is your product to the consumers in each country? How did your awareness and accessibility change from Round 3 to Round 4, and did that have any impact on your sales?
10. Did your team’s decisions in Rounds 1-4 always align with the chosen strategy? If you found yourself deviating from your strategy, explain why. In hindsight, what decisions would you have made differently? Explain.
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