GLO-BUS: An Online Simulation for Developing Winning ... - COPLAC
GLO-BUS: An Online Simulation for Developing Winning ... - COPLAC
GLO-BUS: An Online Simulation for Developing Winning ... - COPLAC
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Learning Objectives (Cont’d.)<br />
NLR’s Research Flight Simulator<br />
Competing against rivals will give you a chance to<br />
apply theory to practice in crafting and executing a<br />
strategy in a globally competitive marketplace:<br />
Your team must chart a long-term corporate direction, set and<br />
achieve strategic and financial objectives, and adapt to changing<br />
industry and competitive conditions<br />
Your team must analyze a full array of industry statistics, examine<br />
company operating reports and financial statements, consider<br />
import duties and fluctuating exchange rates and interest rates, and<br />
understand an assortment of benchmarking data and competitive<br />
intelligence on what rivals are doing<br />
Your team must match strategic wits with the managers of rival<br />
companies, “think strategically” about your company’s competitive<br />
market position, and figure out the kinds of actions it should take to<br />
out-compete rivals in satisfying shareholder expectations<br />
These are the heart and soul of business<br />
strategy!<br />
Ben A. Kahn / Paul Miesing “<strong>GLO</strong>-<strong>BUS</strong>” BADM 510-70 Strategic Management MCLA / U Albany