Marketing simulation Study guides, Class notes & Summaries

MNGT 4800 SIMULATION EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ Why simulate? Correct Answer: - risk free - big picture -develop critical thinking skills - compresses time - comprehensive strategy About the Business Correct Answer: - all teams begin with identical profile - oligopoly - no outside competitors or product substitutes -benign environment What is an oligopoly? Correct Answer: market dominated by handful of firms Five Market Segm...

wpc 300 final Study Guide Exam latest 2024/2025 Principles of Problem Framing - CORRECT ANSWER-Tell, find and routinize Tell an interesting and complete story - CORRECT ANSWER-The problem you address should be meaningful Solution could be reused for related problems Assumptions, boundaries Find an appropriate solution framework - CORRECT ANSWER-Break down the problem into pieces Iterative process (agile vs waterfall) Identify appropriate analytical/modeling techniques Routinize the...

MNGT 4800 Simulation Exam Questions with 100% Verified Correct Answers 2024 Rated A+ Why simulate? - Correct Answer - risk free - big picture -develop critical thinking skills - compresses time - comprehensive strategy About the Business - Correct Answer - all teams begin with identical profile - oligopoly - no outside competitors or product substitutes -benign environment What is an oligopoly? - Correct Answer market dominated by handful of firms Five Market Segments - Corre...

A risk map showing a large difference between inherent and residual risk indicates which one ofthe following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated - C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential loss of supply and risks to the infrastructure. Lucas must now decide...

CapSim Exam UNF MAN 4720 Williamson Study Guide || With 100% Correct Answers CapSim Exam UNF MAN 4720 Williamson Study Guide || With 100% Correct Answers What is the Capstone Courier? - ANSWER - an extensive year-end report of the sensor industry What does the capstone courier include? - ANSWER - customer buying patterns, product positioning, public financial records Where is the courier available? - ANSWER - from the capstone spreadsheet and on the website after logging into the simul...

Product Manager - ANSWER Responsible for one of the five sensors in your starting product line Segment Manager - ANSWER Responsible for one of the five market segments Functional Manager - ANSWER Responsible for R&D, Marketing, Production or Finance Competitive Intelligence Officer - ANSWER Responsible for Predicting the behaivor of one or more of yoru competitors What are the 4 roles of the team? - ANSWER Product Manager, Segment Manager, Functinoal Manager, Competitive Intelligence...

Social Media Certification (ADD) Exam Questions With Verified And Updated Solutions. If a company posts 16 pieces of educational, informative, or entertaining content and four pieces of promotional content in one month, what rule is being followed? A. the rule of thirds B. the 80-20 rule C. the rule of balance D. the 50-50 rule - answerB. the 80-20 rule If a bicycle company creates and shares a blog post about the best mountain biking trails in America, what form of marketing is being ...

Capsim Final Exam Review (2024) || Questions & Answers (Graded A+) Capsim Final Exam Review (2024) || Questions & Answers (Graded A+) What customer segment(s) does your company sell your product to? - ANSWER - Low tech and high tech Two expectations customers have that are part of the Customer Buying Criteria - ANSWER - Positioning and price Two of the scoring methods you are measured on in the simulation - ANSWER - Sales and contribution margin What decisions are made in the R&D de...

What is the Capstone Courier? - ANSWER an extensive year-end report of the sensor industry What does the capstone courier include? - ANSWER customer buying patterns, product positioning, public financial records Where is the courier available? - ANSWER from the capstone spreadsheet and on the website after logging into the simulation through reports link What are proformas? - ANSWER are projections for the upcoming year and will help you envision the impacts of pending decisions and sal...