Business Project Report: SmartSims Single-Player Game Analysis
VerifiedAdded on 2023/01/18
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AI Summary
This report details a student's experience with a business project centered around a single-player simulation game, likely using the SmartSims platform. The project involved making strategic decisions related to product development, pricing, marketing, and production to maximize shareholder value (SHV) and compete within a simulated market environment. The student documented their initial attempts, including setting up product names and determining advertising expenditures. The report chronicles the student's decisions over several simulated years, including the introduction of new products like youth and road bikes, and the allocation of resources to various marketing channels. The analysis encompasses market research, competitor analysis, and the impact of marketing strategies on sales and SHV. The report concludes with the student's reflections on the learning experience, highlighting the practical application of business concepts and the value of the simulation in understanding market dynamics and strategic decision-making.
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