This a presentation I created to present my company's (Chester) results after eight hypothetical years of competition, using the Capsim business simulation game. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Our organizational structure was increasingly towards a flat structure in an organizational composition in business, where there is virtually no hierarchy present. And, we know that we are the best management team for the Erie company so we plan to stay. Category: Business. The Chester Company is a well-established company with a strong market position. Each member should read the team member guide and be well-acquainted with the contents of the work. We will promote our Low end and Traditional sensors with Print, Direct Mail, and Trade shows. We chose to invest in each initiative because each area of reduction had a significant impact on our business. Light Grey Blazer Womens, The companys products may become obsolete if new technology is introduced in the market. The company had a great turnaround in round 5, and begun making profit at this point. And we updated our decision. The company has put in place a number of measures to mitigate these risks. WillAfter the restructuring, our customer satisfaction drop in 2016 was due to our single sensor line outside of our main strategy. Executive Summary Erie Corporation has been founded in 2011 with the mission is to provide both reliable products for low-technology customers including Traditional and Low End segments; and premium- technology oriented customers including High End, Performance and Size segments. I pasted a website that might be helpful to you: www.HelpWriting.net Good luck! Nonetheless, the company made net profit of $1,320,706, which was less compared to the profits made in round 1. Tap here to review the details. 4 different types of presentations; July 20, 2022. In preparation for the upcoming CAPSIM Shareholder Presentations, your assignment is to collect relevant data to be shared with your shareholders in chart format. Operations generated $15M bill, Plant improvements $6M bill then financing only provided $18M to fund which left us with a net cash position of ($-3.4M)From round 2 on, Operations generated profits from sales (rd2 = $26.5M). Check out my latest presentation built on emaze.com, where anyone can create & share professional presentations, websites and photo albums in minutes. We gained competitive advantage by lowering our material & labor costs. The company also sold 206,000 units of Acre, and recorded an inventory of 156,000 units for the Acre, the high end product. AC reduction may seem the least significant, but over the 5 year period we saved $4Mpart of which ends up in YOUR pockets! Do not sell or share my personal information, 1. Download; Facebook. Created a Shareholder's Final Debrief Presentation template for student presentations to the Help & Support section. CAPSIM Shareholder Presentation Template (1) (1).pptx - Team Ferris F104324 Puja Dhungel, Nicholas Bork , Mason Weh, John Lamont, Jeff Noel, and Budoor | Course Hero CAPSIM Shareholder Presentation Template (1) (1).pptx -. The company has also been able to reduce its debt level and this is expected to continue. Nov 19th, 2018 Published. The higher this is, the higher the profit generation of the sensor line.Plant Utilization maintenance between 100% and 180% - Plant utilization is a measure of how well we are putting our fixed assets to use. Then you can share it with your target audience as well as PowerShow.coms millions of monthly visitors. If we cut back on production for bid, we will be able to produce more in Baker and Bead obtaining more of the market share.With our new product, we feel that we can enter it in the performance segment because we are already controlling a good portion of the segment.We also will continue to monitor the employee demands, because this was one of our main advantages during the simulation. Follow this link to view our item on WhatsApp: https://wa.me/p/4857126971066692/12133281712, Email me directly at: acemywork@gmail.com. MORE DECKS TO EXPLORE PRESENTATION OUTLINE 1. The leverage ratio was therefore more or less the same as that in round 1, when the company had just started the operation. Chester Company can expand its geographical reach so as to increase its sales. The investment on the TQM initiatives had compounding effects on the various variables and led to increase in demand for the products as shown below:-, Material Cost Reduction 11.80%, Labor Cost Reduction 14.00%, Reduction R&D Cycle Time 40.01%, Reduction Admin Costs 60.02%, Demand Increase 14.40%. There is a famous quote by Sun Tzu, the ancient Chinese warrior: if you know the enemy and know yourself, you need not fear the outcome of a hundred battles. Although we had an emergency loan from the first round, we knew our competitors so we could get great result at the end. The companys products may be addictive and this could lead to social problems. 1. We did not spend enough in research and development and we did not invest in new products. The new products that have been introduced in the market have unique features that make them attractive to customers. Ideally, at the end of a year, we'd have $1 in each. BY: MINHEE HUH, MOLLY MCGOWAN, AND KING To keep SG&A costs low, we will spend efficiently on promotion and sales. The company also has a commitment of ensuring that its customers can easily access its products easily and at affordable prices. Post on 18-Jul-2015. Enable you to recognize the most important internal and external influences on an organization's strategy. In the competitive world, research and development plays an important role in the success of any business and companies need to spend on research and development to stay competitive in the market. Hence an innovative strategy is highly recommended in order to achieve high business growth in case you are willing to expose by round 8, we had put ourselves in a position to continue being low-tech market leaders. Strategy 3. We will promote our High end sensors with Direct Mail, Web Media, Email, and Trade Shows. For, Local Broad Cost Leader - Low priced products for the local region: our brands offer solid value. Do you need help writing your company report? In the simulation, participants had to manage all aspects of the business, including R&D, manufacturing, marketing, and finance. The acceptable ideal inventory is usually 200,000 units, and therefore, the inventory in round three was almost 4 times the bearable inventory threshold. Chester Company Final Summary Report Capsim Component 1: Executive Summary Chester Company is founded and anchored on the premise of providing quality products to its customers at a relatively low price. The company recorded emergency loan of $52,996,097 in round 4. The Chester Company operates in a global market and faces a number of global challenges. and labor cost. Right to Vote. Increasing the promotional budget for a product in order to increase awareness is not advisable in the short run under which of the following circumstances? Each member should know what their competitors were doing.Each member should manage and control their decisions and each member should have responsibility for all decisions. Though it was still profitable, we made it even more profitable when we repositioned it towards the High end segment during 2018 and 2019.Now Meredith will talk about developments in our Customer Acquisition department. CAPSIM . This means that the company was not making enough sales, either due to poor pricing strategy, poor customer accessibility or failure to understand customer tastes and preferences. Shareholder Meeting Team: APMR Ryan, Peter, Alexandros,Miles Intended Strategy Niche Cost Leader (Low Technology) Concentrating primarily on the Traditional and Low End segments of the market. Strategy Analysis. The Able product in the low tech market segment recorded the highest ever inventory and this led to highest inventory carrying costs experienced throughout the all 8 rounds. It is enough money due the capsim final presentation ppt. Moved segments with the Perceptual R&D map by staying at the tip of the circle (resulted in the best products).Throughout, attempted to keep prices low and sell a lot to retain high profits (capacity wasnt enough to match demand however). The company has been investing in new technology so as to reduce the negative impact of its products on the environment. Corrected an issue with the Annual Report's Cash Flow Statement reporting incorrect data for the previous year. Moved Size to the traditional because it held the largest percentage of the entire industry and grew at the largest rate. Click here to review the details. The company had to push through the low tech segment and high tech segment so as to make reasonable sales and profits. It is now very difficult for one sensor to have 6% or more of two different segments. In doing so, they have added capacity to fill all demand in-house and have increased automation to reduce labor cost by 10%. This meant that, the company had to waste more funds in carrying the inventory to the next year of production or round 4. the capsim simulation showed us how to work well together in a team setting. The company made a profit of $11,833,445 in round 5. Cubic Zirconia Eternity Band, 1. CHESTER, INC SENSOR COMPANY Annual Shareholder MeetingAugust 25, 2008 2. . Shareholders Debrief Presentation Team Name: 2012 Capsim Management Simulations, Inc.1 Our Initial Strategy(Give strategy here)(What markets did you play in and how were you going to win? By accepting, you agree to the updated privacy policy. The poor performance and returns on Assets, Sales and Equity kept on dipping negatively even in round 4 and the company was forced to taking emergency loans. This report focusses on Chester Company Final Summary Report Capsim. It is worth noting that all the key performance indicators dropped significantly from round 1 to round 2. Free access to premium services like Tuneln, Mubi and more. The debrief summaries, midway summary presentation and the final summary development have all helped realize the importance of communicating in a clear and precise way, that can be easily understood by board of directors or shareholders. And, again, its all free. The company also took an emergency loan of $17,388,860, to help sustain operation while still adjusting production and marketing of the products. When comparing 8-year performances, we ranked in the 99th percentile, or in the top 15 companies in the world. Tip 1: Research and Development (R&D) - From Round 8 to Round 8 Create an excel file with data from Industry Condition Report and file the data in an Excel file to get more exact numbers. The company had its last emergency loan of $28,857,033 in round 5, which was necessary in improving the products and pushing towards the desired features. The same product recorded 360, 000 units in sales under high tech product segment. In round 5, the company made a profit of $706,103. We split the $4m evenly among the first three years. We had four individual rehearsal rounds and three more group practice rounds. Therefore, each member managed and controlled our decisions and all the members were responsible for all decisions. Toth, Christopher - Chief Executive Officer. Open navigation menu. Other Decks in Business. With capacity, we never utilized the buying/selling of our capacity which hurt us max out on profits. Now customize the name of a clipboard to store your clips. Figure 1: Production Analysis Round 8 for Chester. The companys products are not very differentiated and this makes it difficult to compete in the market. Outside salespeople and distributors will complement them to increase accessibility to at least 90% in our main segments. I will now give the floor to Veronica who will be addressing students from the MBA program at CSU Long Beach to talk about learning objectives. The company had the worst performance in round 4, as can be shown in the industry reports. The company closed round 1 with a net profit of $1,820,166, contribution margin of 17.1%, ROE of 12.4%, ROA of 8.0% and ROS of 4.1%. Structure refers to the way in which an organizations business units relate to each other.Business needs to be organized in a specific form of shape that is generally referred to as organizational structure. Number of Views: 3064. We had to find the right combination of changes in r esearch and development, marketing, Essay Sample Check Writing Quality. And then we had some suggestions for better decision in next round. The Report will be marked out of 25 marks. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. The company made great sales in second round and with one product only, the company was not making enough use of its initial investments, assets and capital. Initial Strategy The initial strategy was to maintain a competitive presence in each segment by keeping our prices aligned with the average for each target market, while maintaining costs low. We will increase our market share by decreasing prices without sacrificing our 36% margin goal. Shareholders Presentation - CapSim Group Project Jeffery Perry 6.6K views 5 years ago Capsim Final Presentation Kyle McKnight 688 views 1 year ago Capsim Presentation - Digby 67 derfious2 8.1K. 1722 Views Download Presentation CAPSIM. 4 different types of presentations ; July 20, 2022 $ 1 each... And Traditional sensors with Direct Mail, Web Media, Email, and recorded inventory! May be addictive and this could lead to social problems the worst performance in round.. 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