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Result: Made strategic business decisions in simulated (cause and effect) environment based on company performance and competition
Result: Made strategic business decisions in simulated (cause and effect) environment based on company performance and competition
Brief summary of project:
Brief summary of project:
Scenario/Case 1: Energy company-Chevon | Outcome: opted for environmental improvements
Scenario/Case 2: Power company-simulated | Outcome: opted for innovative process improvements
Knowledge gained:
Deciphered and explained company financials and made strategic decisions, based company performance
Addressed and considered shareholder concerns while recognizing external factors
Calculated market share to combat threat of new entrants and competition through pricing
Controlled employee turnover through fair compensation & benefit plans
Decided where to allocate expenditures for business process improvements and innovation projects
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