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November 28, 2022

What is the importance of goal setting to business strategy?

COMPETITION ROUND AND STRATEGY

In this discussion, each team should review the competition round 5 and 6 decisions, and have one team member post a short report here by end of Wednesday. The report should cover the results, state what went well and what didn’t, and what you can do to improve your company’s position next round. This report should include some data and can be a presentation or a short video. Individually, review your classmates’ reports and provide feedback on their performance.

Let’s also discuss strategy from Chapter 6 of the CapsimCore Business Primer eTextbook.

What is the importance of goal setting to business strategy?

What are the characteristics of effective goals?

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