Reflection Report: MikesBikes Simulation Project Analysis

This individual reflection report analyzes a student's experience with the MikesBikes simulation project, focusing on group work dynamics and business strategy. The report begins with an introduction to the importance of teamwork and the MikesBikes simulation. It then delves into the application of teamwork theory, specifically Tuckman's model, to explain the group's formation and operational stages. The student highlights personal achievements, including improved interpersonal skills and a better understanding of business operations, as well as the challenges faced, such as scheduling conflicts and differing opinions. The report includes an analysis of the simulation results over six rollovers, discussing the impact of various decisions on financial performance, market share, and shareholder value. The student identifies areas for improvement, such as pricing strategies, advertising, and product development, concluding with recommendations for enhancing future group work performance.