What did you learn about business from the mikesbikes

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Reference no: EM132013622

Term paper

‘My personal development on completing the EC 115 class'

Specifications:

Maximum 2000 words.

One thousand words must be written about your MikeBikes learning, Here are some points you might like to consider

Guidelines

Follow the outcomes on the syllabus and write about your learning in relation to each outcome

o Which practices worked/What didn't work in your group?

o What did you learn about business from the MikesBikes program? Which linkages did you observe?

o Examples of linkages include (but not limited to),

· if you raised price, what happened to number of units sold?

· If you reduced price, what happened to number of units sold?

· How was the production of bicycles linked to the change in the number of units sold?

o Consult chapters 11 and 12. What did you learn about marketing from the simulation?

o Consult chapter 5. What did you learn about management?

How did you plan?

How did you organize?

How did you make decisions?

o Consult chapter 9: Which acts of leadership were demonstrated in your group?

o Consult chapter 8. Were any of the motivation concepts relevant in your group?

o Consult chapter 7. What did you learn about operations management from the simulation?

o Consult chapter 15. Consider the use of income statements, balance sheets and cashflow statements. What did you learn about accounting? Financing the business?

o Which good practices in team work will you take with you to future classes?

o Anything else ?

Attachment:- Term paper.rar

Reference no: EM132013622

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