The Initial Board Report (paper) includes the following components:
Highlight the key features of the business plan in 3-5 pages. This is to be a professional report that is to be delivered to a theoretical board of directors of your new company. There should be no speculation, no generic corporate ideas (such as ‘All managers will have an open door policy’ – remember this is a simulation), do not suggest ideas that cannot be executed within the simulation, keep all portions of the report grounded in research from the simulation.
Outline of Requirements:
1. A. Financial strategy:
o Evaluate the impact of different components on costs & scale economies
2. Marketing strategy:
o What is your target segment? Geographic market?
o Who is your potential competition?
o Why?
3. Sales Channel:
o Where you will open your first sales office?
o Why?
4. Manufacturing strategy:
o Chosen capacity
o Why?
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Highlight th appeared first on study tools.
