How you would modify your plan going forward (in round nine and beyond) based on your performance in the eight competitive rounds. Remember, the plan stipulates what you intend to do and the simulation identifies what you actually did. This is what we learned and what we would do if there was a next period

        I will be responsible for checking the research and development, keeping an eye on the competition and staying on the cutting edge. I will be solely responsible for making decisions and developing strategy. I’d like to make the most profits with the highest satisfaction from customers, but I think that will be quite a challenge on my own.

        My goal is to keep customers buying my products at the highest rate in the field while working to lower my production and labor costs. I want to invest greatly into the quality control and workers to keep the public satisfied at the lowest costs. By lowering my production and labor costs I will be able to pass savings onto the consumer. I am hoping by having the best products available with the lowest cost it will drive the consumers into trusting my company and being loyal consumers. If the demand for my products are high the stock price should raise, the demand should raise, and my profits should raise as well.

        I will also take care to make wise decisions with marketing, by investing in good pricing, promotion, sales, and keeping a close eye on sales forecasts. I want to keep up with production without too much over stocking, and have my human resource department keep the company running smooth. To make my company popular with the population I will need to keep my products performing better at a lower cost than my competitors. With the publics support I hope the stocks in my company rise to the top of the field.

        As the only member of the team its always my name on the line if the company does well, or does poorly. I am excited to see where my company goes the following weeks. I want to be a top competitor across the board in my products. I am hoping to be in the top two for each product. I am hoping to have smaller but steady profits that grow over time, instead of hiking the prices to make the most profit I can in the shortest period of time.