What are the implications of the relationship between supply and demand?
Welcome to your first graded discussion in this course. Please be sure to post a high-quality post on 3 different days. To get full credit, your first post should be on or before Wednesday.
Give us an introduction about yourself here so we can get to know you.
Now, let’s discuss Chapter 1 in the CapsimCore Business Primer eTextbook.
What are the four conditions that must exist for the free enterprise system to exist?
What are the implications of the relationship between supply and demand?
BUSN460 Senior Project
Week 2 Discussion
MARKETING
Welcome to the Week 2 graded discussion. As a class, discuss your experience in Week 1 creating your team charter and getting started in the simulation.
Let’s also discuss marketing from Chapter 2 of the CapsimCore Business Primer eTextbook.
What are the three key responsibilities of a marketing manager?
What are the major components of marketing research?
BUSN460 Senior Project
Week 3 Discussion
PRODUCTION AND SIMULATION RESULTS—PRACTICE ROUNDS
In this discussion, each team should review the practice rounds 1, 2, and 3 simulation report after each round has processed, and have one team member post a short report of the results here no later than the 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 production from Chapter 3 of the CapsimCore Business Primer eTextbook.
What is the difference between production and operations?
What are the primary resources used in the production process?
BUSN460 Senior Project
Week 4 Discussion
COMPETITION ROUNDS AND ACCOUNTING
In this discussion, each team should review the competition round 1 and 2 decisions, and have one team member post a short report here no later than the 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 accounting from Chapter 4 of the CapsimCore Business Primer eTextbook.
Describe the difference between profit and cash.
What are the differences between cash from operating activities, cash from investing activities, and cash from financing activities?
BUSN460 Senior Project
Week 5 Discussion
COMPETITION ROUNDS AND FINANCE
In this discussion, each team should review the competition round 3 and 4 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 finance from Chapter 5 of the CapsimCore Business Primer eTextbook. Choose one or more of the following review questions, and discuss them as a class.
How does a company’s financing strategy impact its operations and performance?
What is risk, and how does it affect decisions about investment?
BUSN460 Senior Project
Week 6 Discussion
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?
BUSN460 Senior Project
Week 7 Discussion
ETHICS AND WRAPPING UP
In this discussion, each team should review the competition round 7 and 8 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.
You are done with the competition rounds. What are your conclusions at this point? What do you need to complete the Final Paper and Presentation for Week 8?
Let’s also discuss ethics and social responsibility from Chapter 7 of the CapsimCore Business Primer eTextbook.
What makes a problem or situation an ethical issue?
How are business ethics and social responsibility related?]
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