Posted: October 18th, 2022

How did your company do at the end of the first time you completed the simulation compared with at your last run-through?

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You have completed three runs of the simulation in which you made several decisions for a family business. This provided you with the unique opportunity to observe how each decision can impact a company in the real world.
Now, as we reach the end of this course, reflect on your experience in the simulation and consider how your decisions affected the company’s position in the industry. In your initial post, address the following:
How did your company do at the end of the first time you completed the simulation compared with at your last run-through?
How did the company’s growth change over the course of the three run-throughs?
Which of your decisions do you think affected the company and its growth more than others?
Were these decisions made with the family in mind? Explain why or why not.
Which decisions served your company well and how?
Are there any decisions or actions you would take differently now that you know more about how they affect a business? Explain why or why not.
In your response to your peers, address the following:
Compare and contrast your experience with that of your peers.
What recommendations would you make for your classmates based on their decisions?

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