Business Simulation

This document provides insights into business simulations and their importance in establishing strong cohesion and implementation process. It includes a strategy paper and professional development reflection report of a smart phone manufacturing company. The report covers vision, strategy, analysis of progress, and future plans of the company.

Business Simulation

Contents
INTRODUCTION...........................................................................................................................................3
PART A.........................................................................................................................................................3
STRATEGY PAPER.........................................................................................................................................3
Vision and strategy..................................................................................................................................3
Analysis of progress of the years.............................................................................................................5
Future plans and recommendations.......................................................................................................10
PART B - Professional Development Reflection Report.............................................................................11
Executive summary...............................................................................................................................11
Introduction...........................................................................................................................................11
Identified events....................................................................................................................................12
Review of relevant concepts or theories................................................................................................13
Application of theory as well as practice...............................................................................................15
Discussion.............................................................................................................................................17
Recommendations for practice and research..........................................................................................17
CONCLUSION.............................................................................................................................................18
REFERENCES..............................................................................................................................................19

INTRODUCTION
Business simulations are an important instrument for establishing strong cohesion and
implementation process. By making members learn operating their company in the sense of the
company, simulations larger selection to encounter a winning tactic next-hand, now see
effectiveness and learn what effective implementation appears even in an incredibly realistic
scenario. Now with method created private for each other, representatives can then understand
and evaluate such lessons while implementing on-the-job strategic plan for positive performance.
A business simulation is a conceptual training tool in which individuals learn in an engaging,
risk-free, and reasonable atmosphere by wanting to run a digital company. Business virtual
environments enable exercise and develop technical skills, including leadership abilities,
operational and financial research, processes, choice-making, problem-solving, cooperation,
management and communication.
This report has been classified into two parts in which first one related to strategy review.
This report is mainly based on the Yell Company that is manufacturing company of smart
phones. These devices are based on the advanced technology and innovation and spread out their
business into various countries. In first part contains vision, mission and strategy of the business.
Along with analysis of financial statements that presents the actual performance of the company.
On the basis of these results provide effective recommendations and prepare future plans. In
second part defined about the personal development and reflect on the skills and requirements.
This second part includes events, theories, industry practices and applied theories according to
practices. At the end provide all the suitable recommendations to enhance the performance of the
organisation in effective manner.
PART A
STRATEGY PAPER
Vision and strategy
Yell is one of the smart phone companies which is manufacturing mobiles which are
based upon latest technology and innovation. The entity is operating business in different
countries such as Brazil, Japan, UK, UAE, US, Germany, South Africa, Nigeria, Malaysia, India,
China, Australia etc. It is mainly based in The Netherlands as it is the home country of it. The

enterprise is operating business since past few years and willing to grow the business. For this
purpose, it is very important to formulate specific vision and pay attention towards business
strategies (Azghandi, Griffin and Jalali, 2018). Description of the key elements that are focused
by Yell are described below:
Vision: Yell is willing to be the first choice of customers for buying smart phones and for
this purpose the enterprise is paying attention towards latest trends and innovations that are being
introduced in the smart phone industry.
Values: Business entities are required to make sure that specific values are focused and
followed by them so that a positive image in the society could be established. Yell is mainly
focused with meeting expectations of clients. For this purpose, it delivers best quality smart
phones to the customers which can help it to become the market leader in upcoming period.
Apart from this, loyalty of employees is also focused by the company and the management tries
to offer appropriate salaries and rewards to staff according to their performance (Butzke and
Alberton, 2018). It helps to motivate them and reduce the staff turnover which is beneficial for
attaining the business goals such as higher profits.
Human resource: All the individuals who are working in an organisation are considered
as human resources for a business. It is very important for all the companies to make sure that
they pay attention towards them to reach the targeted goals. Yell which is a smart phone
manufacturer makes sure that it meets all the expectations of staff. Specific training sessions are
conducted for all the new employees so that they can get aware of their jobs and responsibilities.
The process which is focused for recruitment and selection is conducted properly so that highly
skilled and experienced individuals could be hired to perform operations (Cox, 2018).
Mission: Yell’s mission is to increase it profits in upcoming five years by increasing
number of customers. For this purpose, the entity is planning to offer them smart phones which
are based upon advanced technology in an affordable price.
Culture: In order to increase staff engagement, it is crucial for all the business entities to
make sure that it is able to establish positive work culture for employees as it helps to motivate
them to work hard. Yell’s managers try to create positive working environment for employees so
that they can work productively and contribute in the success of the organisation. Apart from

this, specific roles are assigned to all the employees so that they can work according to that. The
enterprise is also focused with formulation of such strategies which may contribute to meet the
expectations of customers (Giannoccaro, Nair and Choi, 2018).
Analysis of progress of the years
Yell is operating business under smart phone industry and its slogan is “Can you hear
me? Perfect!”. The main aim of the enterprise is to increase sustainability so that it can survive
for long run in future. For all the companies it is very important to assess the progress of
previous years as it can help to form effective decisions for upcoming period. Yell’s managers
use different types of techniques to analyse the progress of organisation. There are two main
aspects which are focused by them. These are competitor analysis and performance results. Both
of them are discussed below along with various elements of them:
Competitor analysis: While planning to determine the number of competitors in the
market it is very important for all the business entities to conduct competitor analysis. The five-
force model of porter is the best suitable technique which could be used for this purpose. There
are several other factors which are also focused for this purpose these are competencies,
capabilities etc. All the elements which are used to analyse competition are described below:
Porter’s five force analysis: In order to assess the level of competition for Yell all the
elements of this technique are analysed in context of the organisation. Description of them is as
follows:
 Existing rivalry: This force is mainly focused with the assessment of all the companies
which are carrying out operations in the same industry and the competition which are
creating for each other. Yell is a large company that operates in different countries and
the number of sellers of smart phones in the market is very high. Some of the main
competitors for the company are I Tech, V Connect, G Mobiles, Limitless etc. It shows
that the level of existing rivalry for Yell is very high in the smart phone industry (Hall,
2018).
 Bargaining power of suppliers: The external parties which are responsible for
delivering stock for the final product are the suppliers for business entities. The
bargaining power of them depends upon their number and industry size. The smart phone

sector is very large and the number of suppliers in the industry is also very high. It
reduces their power of bargaining. The bargaining power of suppliers for Yell is also very
low. If company feels that the goods are bought on higher price the new supplier could be
contacted who is delivering the same items on lower cost.
 Bargaining power of buyers: all the organisations are required to make sure that they
are able to meet expectations of customers and selling items at a competitive price from
the competitors. If it will be focused by them then it can help to retain the clients for long
run. As the number of sellers in smart phone industry is very high so the customers are
having different choices. It enhances their power of bargaining and they will select a
seller which is selling them same product on low cost. The power of bargaining of clients
for Yell is very high because of end number of sellers in the industry (Hu and Wang,
2018).
 Threat of new entrant: Smart phone industry is very large and there are various barriers
as well as opportunities for new companies. The challenge which may stop an entity to be
the part of this sector is requirement of huge funding. The opportunity is continuous
changes in preferences of clients and development in technology. If a company will
launch a phone with latest technology then it may compete with existing products in the
market. It shows that threat of new entrant for Yell is moderate and the company is
required to be aware of any new entrant in the industry.
 Threat of substitute: All the items that are offering same facilities to the users are
considered as substitute products for each other. In order to be the first choice of
customers it is very important for all the sellers like Yell to analyse the substitute which
could eb used at the place of their items. As Smart phones are sold by the company so the
management should determine the substitutes for its items. Some of them are video
calling applications, digital devices etc. All of them are substitutes but cannot replace
mobile so the threat of it is low for Yell (Humbert, 2018).
 Market share analysis: The part of market which is captured by an organisation is
considered as the market share. While analysing the progress of business it is very
important for the management to analyse the market share. Yell is also a big part of smart
phone industry. In order to analyse the market share of it, customer focus demand is
selected. In year 2020 the demand of smart phones that are sold by Yell was 384000 and

it was decreased in 2021 up to 276480. It remained constant for year 2022 and increased
up to 304128 in 2023 and again remained the same at the end of 2024, 2025, 2026 and
2027. During the year 2028 it was increased up to 319334.4 and the demand of smart
phones manufactured by Yell was same as 2028 for 2029. The market share analysis
shows that the demand on the basis of customer focus is very high and the organisation
has captured a large market share (Krishnan, 2017).
 Price / product analysis: When effective decisions for future are required to be
formulated then most of the companies conduct product / price analysis. With the help of
it, the market position and demand of business is analysed and strategies for future are
formulated. From the external analysis of simulation game, it has been analysed that on
the basis of price the total segmented demand on Yell’s product was 1800000 for 2020
which is very high. In 2021 it was reduced up to 1377000 and it was same for year 2022.
In 2023 the demand according to price was increased up to 1514700 and then it was
constant for next four years. In 2028 the total segmented demand according to price was
1590435 and the value of it was same in 2029.
 On the other hand, for year 2020 the demand on the basis of product quality was
240000. During the year 2021 the demand according to quality was 172800 and for 2022
it was constant. In year 2023 it was increased up to 190080 and then remain the same for
next 4 years from 2024 to 2027. During the year 2028 the demand on the basis of product
quality was 199584 which was increased as compared to previous years and then it was
same for 2029. The price or product analysis reflects that organisation have set
appropriate price for its items as its demand is very high on the basis of price as
compared to customer focus and product quality.
 Competitors: Companies are required to analyse the level of competition which could eb
faced by them while carrying out operations. For this purpose, all the competitors are
required to be identified. There are various companies which are offering same products
like Yell. These are G Mobiles, V Connect, I Tech, Limitless etc. In order to compete
with them it is essential for Yell to make sure that it formulates effective decisions.
Competencies and capabilities: The strengths that are resulting in effective execution of
all the operational activities are considered as capabilities and competencies for an entity. While

conducting market share, price / product analysis for Yell various qualities of company were
identified. Description of them is as follows:
 Affordable pricing: The price analysis shows that the demand of smart phones of Yell is
very high in the market on the basis of its price. It shows that the entity is selling all its
products on very affordable prices that helps it to be the first choice of customers. This
capability of it helps it to remain competitive in the industry.
 High focus towards advanced technology: It is one of the main competencies of Yell as
the entity is highly focused with use of advanced technology. It helps it to increase its
competitive advantage and deal with the high level of competition in the industry.
Performance results: When progress of business is analyzed properly then results of
performance are analyzed and for this purpose, all the final accounts and performance of
business are analyzed. The results for Yell are assessed with the help of following discussion:
Assessment of all the financial statements: All the companies generate different types
of final accounts to record detailed information about financial position. There are three main
type of final accounts which are analyzed below for Yell:
 Income statement: It is mainly used for the purpose of analyzing profitability of the
organisation. Details regarding incomes, expenses, gains and losses are mentioned in it.
From the results of 2020 it has been analyzed that the organisation faced loss of 373000
during the year and no profits were generated for the same. The net loss form year 2020
to 2029 was the same which means the organisation not generated any type of profit in
the duration of 10 years. It shows that performance of it was very poor as the company’s
profitability is very low. Due to this the enterprise may become insolvent in upcoming
years so it is very important for the top-level executives to take appropriate actions to
improve performance of the company. If they will not be able to form effective strategies
then it will leave negative impact upon the business (Ram, 2018).
 Balance sheet: The statement which is used to analyze financial position of the company
is known as balance sheet. All the details regarding equities, liabilities and assets are
mentioned in it. From the balance sheet of Yell different aspects are analyzed. All of
them were same for the period of 11 years from 2019 to 2029. Cash and bank balance
were the only asset which was used by the company during this period. The balance of it

was 506344. Apart from this, the enterprise was having issues capital of 250000,
premium reserves of 512250 and reserves of 495550. It shows that the company as in
same position for all the years. It has not progressed since last 11 years. It is essential for
the managers to make sure that they form specific policies so that the performance of
business could be improved. In current situation the organisation may face challenges
such as lack of interest of shareholders which will affect its execution of operations.
 Cash flow statement: In all the business entities a specific statement for recording all the
cash transactions is formed which is known as cash flow statement. With the help of it,
inflow and outflow of cash could be analyzed. From the cash flow statement of Yell, it
has been analysed that the organisation has not generated any income in the period of 10
years which starts from 2020 and ends in 2029. During this period of 10 years only
expenses were made by the entity and amount of it was same for all the years which is
323000. It covers 210000 of staff remuneration, 63000 of social security, 10000
recruitment cost, 15000 staff overhead and 25000 general maintenance cost. The cash
flow statement shows that the organisation was not able to meet the expenses in last 10
years and it may affect the financial stability of business in upcoming years. It is very
important for the management to make sure that effective strategies for improving
performance of business are formulated. If performance will not be improved then it will
result in failure of all the future plans (Ruszkowska and Wardaszko, 2016).
Performance analysis: The other of these entire business strategies is its business model that
further specifies the methodology for tap into new market is growth strategy. To use this
technique, Yell first developed itself effectively in the next few markets, and then this company
markets its original goods in the international market. Yell’s business model is distinct from its
rivals as most of its rivals have embraced an approach for consumer choice. This corporate
methodology has led to this industry's downturn in revenues and profits. Due to constant
saturation of the industry, the business's creativity was missing as a result with which this market
share began to fall. Hence it was projected that such aspects pertaining towards this component
weren't really efficient since it was not sufficient to meet the needs in its country of residence
and many other countries in the region. The corporation's analysis shows comprehensive
accounting reports which illustrate that certain managers inside the business endorsed the
implementation of acceptable assumptions. The corporation didn't even take the certain statement

concerning research and development since it did not make any adjustments to its mobile devices
over the ten year period. The effective decision taken by the Yell in context of some aspects that
are mentioned below such as:
Product: With this firm's goods, this business's chief executive officer has agreed to spend just 10
per cent in the R&d team. This division is in charge for continually making technologies in the
product or service, and because of this agency's small cost; this company's level of expertise has
also been decreased.
Marketing: Yell's chief executive officer has agreed to spend 3.2 million to promote their
product. Through spending this huge amount Yell's logo was sold on a world-class basketball
team's flannel jacket. This international company has allowed them to build large-brand image
endurance. Yell however has decided to invest in SEO and paid advertising, in addition to digital
advertising. Through these monetization strategies Yell in its beginning period has efficiently
gained huge sales revenue.
Human resource: This corporation made several attempts for every ones talent management
using and the they did not include any additional working time to one‘s employees because with
which the proportion of extra hours was protected. The corporation also chose to never offer any
incentives as a consequence with which this business's morale deteriorated by each year and lead
to low creativity in this agency's goods. Together with incentive, there is also no free gift
operation allied by that same company the main purpose of which staff were dissuaded from
making their intelligence solutions to this company's operations.
Future plans and recommendations
Based on Yell's economic performance evaluation, it can be estimated that the system is
getting low from sometimes business outcomes. Furthermore, it becomes important for business
organizations to execute an acceptable approach by enabling a successful business to gain
competitive edge and also lengthy-term sustainability. In regard to this, development prospects
are addressed following as well as the suggestion during the following 5 years:-
It has been suggested that Yell has been performed consumer research on a quick and efficient
basis for determining and also some garnering prospects which might support ongoing firms in

attracting massive attention from multiple customers and encounter the product in the set
duration.
Yell has been strongly advised in comparison to gathering data individuals should also have to
start hiring extremely highly-trained customers with higher comprehension skills. Because of
corporate organizations will be forced to assess development stability.
• This is also advocated which Yell should take steps to attract sales and profits and potential
within 5 years. And they'll be able to easily do major investment and improve customer
satisfaction.
• In order to generate maximum efficiency, Yell was indicated to use sound technology or
market penetration strategy to boost the amount of components owned by a company.
PART B - Professional Development Reflection Report
Executive summary
Personal development could be defined as an individuals’ learning procedure which is useful in
increasing different abilities and potentials. This demonstrative account information regarding
learning process in a Yell, a team stimulus business. This will encourage educational and
occupational advancement but also assist to quicker and better perform the necessary tasks.
Chosen organization is a recently build up telephone venture focused on providing high-quality
smart phone which might fill consumers' expectations and demands in filled. This insightful
study describes and reviews knowledge about professional growth and influencing conditions
gained in the course of MBA. This is successful in improving the numerous requisite skills to
work together as a team and completing the necessary work in a timely manner (Hickmott and
Prieto-Rodriguez, 2018).
Introduction
Personal development is referred to as the procedure that a customer perceives to build and
improve an individual's various knowledge and skills. That was one of the important practices
that will promote performance in order to improve their greatest capacity to accomplish the
necessary assignment in a cleaner and more successful way. Personal development starts with the
formation of goals and objectives that are critical in delivering parameters through under which

all personal development project tasks should be carried out. Potential abilities and awareness in
these different job skills are strengthened to accomplish desired targets. I have learned the
various concepts and facets since serving throughout this community that are important in
enhancing my ability to execute tasks in a better way. I have gained more conceptual data and
understanding in the MBA course but I was ready to put theory into practical shape in this
proposal. This leads to increase my possibility and endurance to greater good and more
creatively perform the required assignment. Having worked in an efficient group leads to the
enhancement of my improving job skills that are required for my educational and occupational
thinking processes (Newman, 2018). Such knowledge would improve my capacity to accomplish
the task effectively in a smarter way, and also performance.
Identified events
An event is something which is going on. For a secondary school this same school dance
choreography is an illustration of an occasion. Activity is described as a specific competition that
is a component of a campaign system. An example of an event is the long jump on a field day at
a school. There have been numerous features that I had observed all through simulated world and
even the team leaders in a quite accurate and interpretive manner. In addition, several of these
activities were rather important and attributed to the improvement of the practice and
development which every player on the team has. Besides this, these would be powerful
individual that influenced how the management studies in the younger months, including in the
seasons to come. There are described some events that conduct by the Yell such as:
Skills improvement seminar: It's really the event where knowledge was interacted, and
ideologies for specific abilities were allowed to share. This process is focused as being one of the
important tools for the supporting teams involved. In the conference on teaching efficiency, I
obtained chance to participate with simulation professionals and strengthened my relationships
with other persons in the same profession as well. The skills enhancement conference was
attended by a significant number of designed to simulate businesses and decided to share the
instances that ended up going really well and also does not go so well in actual situations. The
primary objective of this program is to summarize the simulation business background and
evaluate the notion comprehension (de Carvalho-Filho, Tio and Steinert, 2020). This experience
has strengthened my knowledge and competencies about simulation work. In addition, this also

provides me and my colleagues with a great opportunity to easily as well as critically assess that
the research is achieving cohesion with the framework for the production of the bid.
Management conferences: Another recognized activity is a management conference
where various top executives fulfill and communicate involvement or concepts relating to the
topic. I addressed things pertaining to simulation issues and specific facets in this venue. The
event was attended by representatives from excited companies, who told their stories in best
players for both the worry. In addition, conducting management conferences strengthens my trust
and organizational skills. In contrast, I and my colleagues are pursuing the representatives of the
company to reach timelines. I got information in both stronger and more adaptive way, in the
occasion.
Review of relevant concepts or theories
Theories and practices along with agreed beliefs are collection of ordered principles that
explain and direct analyzes in the research. A structured idea is predicted to characterize
something that is told as theory. Below are some of the related ideas and principles that I heard
about that while doing Yell Business teamwork activities:
Situational leadership: Situation leadership is a form of current leader that originally
referred to a president who can modify his or her theme to manage the current they seek to
impact. The human has to be capable of adapting to their circumstance. Situation approach
enabled representatives to select the design that works their objectives and circumstances.
Situation leadership is not centered on the leader's unique skills, but they adapt their abilities to
what helps the supporters. Leadership position explanations start with the assumption that one of
the strongest leadership stylish tends to change from circumstance to position. A leader should
be able to adjust his perspective and personality to different perspectives to be far more efficient
and effective (Teach, 2018).
Theory of reasoned action: Martin Fishbein and Icek Ajzen established the theory of
Reasoned Action as an enhancement over the hypothesis of data transformation. There are many
two major shifts. Initially, Logical Conduct adds a dimension to the persuasive cycle, emotional
purpose. Instead of order to predict perceptions, rational activity is relation to the matter with
behavior, as does the theory of knowledge creation (and plenty of others). But this theory

suggests that there are circumstances (or factors) that restrict the type of mentality's impact on
behavior. Reasoned Conduct thus predicts behavioral intentions, a combination between halting
expectations of behavior and genuinely measurement purpose. As it distinguishes customer's
intention from behavior, Informed Intervention often age adjustment that restrict the impact of
attitude and behaviors (or usage behavior).
Belbin theory: Another term used by the management is the Team Functions of Belbin. This
research gives participants a glimpse into the tasks and responsibilities in which they are
supposed to behave whilst engaging in a collective. In addition, it also provides instruction for
increasing efficiency by each representative depending on the organization they have preferred
or voted into office to. Therefore, there are nine important elements in this hypothesis which
have been investigated elsewhere here:
Shaper: These people are the ones who form a team helped them mix it up via methodologies
such as simulation, beginning to question and finding solutions
Implementer: Those authorities are responsible for completing the task by taking appropriate and
realistic action (Fairbairn, 2018).
Complete finisher: This position is structured to neglect the execution of the entire design as
required by the organizations.
Coordinator: As the title implies, they behave as the team having former governor and mentor
the organization to reaching its mission. Those who are in addition responsibility for determining
goals, assigning authority and leading the team toward more achievement.
Team worker: They act as support structures for communities and ensure the representatives
perform team actions.
Resource investigator: They are the entrepreneurs within such a squad and are liable for
discovering and finding various raw materials, methods and processes the task could be actually
achieved across both noteworthy and constructive tools.
Plant: The persons do provide group with concepts and strategies from which to function
(Birkeland and Bogh, 2018).

Monitor evaluator: They are expected to measure and try to assess the knowledge and opinions
put into the group with regard to evaluation of the effectiveness.
Specialist: These people have specialized ideas and insights that is essential to the fulfillment of
the assignment.
Review of industrial practices
With regard to the above principles and theories, it is also essential that the business
standards be examined as well. This suggests that multiple other businesses were engaged in the
modeling and all of each other embraced many such explanations from that above need to be
assessed in understanding the reasons for their appropriate or unproductive productivity
Grek: It has not adopted Belbin's Team Development Model in reference to this business
which refrains the business from developing high-quality or price-effective offers. It did, that
being said, adopt reasoned based action theory which enabled them to recognize plant species
roles and duties. This enabled them to produce consistent revenue. That person also implemented
Situation Leadership which also laid the basis for about their decision-making (Trabona and
et.al, 2019). That being said, due to inadequate team-building, it struggled to establish a
framework for their research that contributed to the semi-exploration of different industries
including the UK.
SKYCOMM: In some nations such as the United Kingdom this company had strong
sales and profits. The explanation for the very same that's because the decision-making and
management qualities implemented either by team mates were extremely successful. It also
adopted the Team Development Theory of the Tuckman throughout the entire project, coupled
with limited confrontation. That being said, their procedures in the computation also demonstrate
that Belbin Team Roles were not adopted by the company, resulting in implications in the
advancement of attractive brand identity.
Application of theory as well as practice
The application of theory along with practices of Yell that are presented as follows:
Theory of reasoned action: In circumstances, the model is relevant to analyze the
relationship between attitudes and behaviors of individuals work in a team. I have enjoyed fame

with the theory in alleviating disparities inside the connection between A and B (Hobbs, Clark
and Plant, 2018). I applied the principle to interact with group members in order to consider team
mates' dimensions or feelings. I used the principle with my team to conduct successes in Yell
Company for much more moral as well as logical action forms. In addition, the practices
managed to help me to examine communication behaviors in multiple activities and that one of
the behaviors assisted us all to examine the transmission of data. An individual takes a decision
to related in particular behavior connected to the results or outcomes predicted with
presentation of behavior. It's being used by me as just an approach to examine specific behavior
which include group membership and consumption habits. With for this concept, behavior is
objective manner determined despite characterizing friendship to prefacing purpose. After the
implementation, I asserted that group members have as tremendous of not investigating other
individual decision trying to make and when community makes investment decision, it
significantly influences behavioral intentions on the sharing of internal experience (Yudina,
2018).
Situational leadership: The framework is usually used during analyzing styles employed
by representatives in broadly accepted working environments. Representatives at Yell Company
embrace methods according to different contexts. I, as a manager, suggested multiple models in
different situation at the time I was continuing to work in Yell Company. It has been used by me
to perceive differently by different in advisement to the sophistication of actions that go
connected at the hip with company modulated. In the scenario where group member lack the
means and competence to manage company operations in a good manner, I concentrated on
using explaining method in which I guided whole team with specific guidelines that added to
aspirations. Another situation was since all supervisors had to participate in decision taking for
the fictional company and I focus more on the participatory style in this. Through this, I as a
team manager talked more about concept with all stakeholders but also gives insights into
everybody's thoughts.
Belbin team roles: The team members were assigned the role of Farm, orchestrator,
Property Researcher Representative and completer finisher among all the roles listed above. One
counterproductive event that contributes towards bad results in subsequent periods, nevertheless,

is that even the team responsibilities were not distributed according to the abilities among
personalities that resulted to disagreements (Durak and et. al, 2018).
In Yell Business the implementation of manufacturing processes is as chooses to follow:
As a team leader of Yell business, I have supposed to apply the strategies that are accompanied
by certain corporations to allocate Smartphone around the world in various marketplaces. I
conducted market analysis to collect knowledge regarding requirements and instead expressed
just like other staff of the department.
Discussion
Yell Company is a newly formed company that produces and distributes smart phones on
the global markets. Simulated leadership strategy is really about trying to shape the current
technology time frame. The company works with the mission of services freely mobile phones
with state-of-the-art, high-quality emerging technologies that meets customer demands. The
virtual organization has embraced a community that encourages imagination, justice and a
workplace culture inspired. The corporation acquired a huge percentage of the shopping center in
a limited time period (Yang and et.al, 2018). It delivers cell phone different variations and has
large manufacturing volumes. Consumer spending for its products in the year 2020 was around
373300, and the sale of 332126 in that year. It is estimated in the year 2021 that its production
capacity was about 20811, but perhaps the corporation just obtained revenue 23273. The overall
earnings were steadily declining and this hampered its sales and profits and marketing strategy.
The organization applies interest rates according to the quality of the raw materials and raw
materials used during the manufacture and delivery of the products in relation to its overall price.
According the overall price, its mobile device production from the year 2020 was 273000, and
sales were 118464. It suffered revenue decline due to unsuccessful pricing policy and numerous
other factors (Taylor and Mukhalalati, 2018).
Recommendations for practice and research
As per the overall research there are provided various types of suggestions to company to
increase the performance and set strategy follows as:
• Simulated company is strongly advised to maintain multi-distributor relationships in ability to
implement Smart phones to clients on time. Distributors also assist in conducting the research on

the needs and desires of potential clients so that the company can achieve consumer goods as
appropriate (Sauser Jr and Sims, 2018).
• It is also strongly suggested that Yell business owner incorporate a proper marketing approach.
Extremely poorly-described business strategy helps to know the buyer's worldview and also
sharpens the organization's brand attempting to sell proposals with the features and benefits
about using ingredients that are promised in stakeholder and anticipated framework by the
organisation. This will keep improving this same cell phone distributor's current systems and
lead to increased revenues by recruiting potential combinations of shoppers.
CONCLUSION
It can be inferred from the above study that industrial training can be of great help to an
entity in very many aspects. It's because the application of business simulation games will help
establish successful marketing strategies for increasing the global company efficiency. Attendees
can also develop a greater understanding of various principles, and so create a learning
environment. Simulation games affect complex competitive, collaborative and decision-making
components and including responses. This contributes not just to the company but also
respondents to an improvement in patient results. And they'll get an opportunity to develop
essential skills in a thorough manner. Simulations were performed teams to interact together
again to produce the desired performance. It is even though they have an ability to communicate
and understand multiple activities from one another and that is not available from learning about
something like a special method or reality. Furthermore, decisions should be taken with little
danger whatsoever and it is also since this money allotted in a business simulation is restricted.
Companies can also incorporate business simulation games throughout their framework to
increase overall efficiency as well as profitability and achieve competitive benefits.

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