The Advantages and Disadvantages during the Simulation Essay

The Advantages and Disadvantages during the Simulation - Essay Example Financial Statement represents information exhibiting firms’ performance. The balance sheet shows financial position of the firm at one point in time while income statement shows the profit and loose for the previous year (Curkovic, 2000). The 21st-century car challenge is a simulation that illustrates the various impacts of engineering decisions in an automobile industrial and global environment. Engineering decisions impact the financial performances of each competing company and are assessed by customers. Using a good business strategy is the key to win in this simulation. As I did this simulation as a member of the Red Team, we need to define product by making decisions about engineering and sell it by taking marketing decisions, also manufacture, invest, and decide on quality, human resource and loans in order to optimize profitability and return on capital employed (Mega learning, 2012). This report will be divided to be 4parts: advantages and disadvantages of the strategy we did, alternative options, the optimum strategy, and conclusion. At the first period, the Red Team faced to the problems of the high cost of non-quality, a low competitive advantage in the next period, low EBIT, the low value of share price compared with competitors, high rate of stocks, and low percentages of employee morale. Because we focused on IMAGE cars and Family cars only, so we used the strategy of beyond current expectations by improving their quality through invested much in engineering and marketing and we did not invest in manufacturer facilities and Human Resource and Quality due to the limited budget. We decided to solve problems in the next period by using product development and market development strategies with the focus of IMAGE cars as the main product. The share price and EBIT grew up as a result but other products still had a lot of inventories.  

Adherence Reaction Paper Essay Example | Topics and Well Written Essays - 750 words

Adherence Reaction Paper - Essay Example On Mondays and Fridays, I also include my vitamin B-6 tablet, which I am required to take twice per week. This concludes my morning routine, but not the medication regimen for the day. At night, I take another calcium carbonate and a capsule and a half of Zoloft, which, as it warns, does make me drowsy and helps me get to sleep at night. There are several things that help me adhere to this regimen. I have a pill caddy that I refill every week and carry with me everywhere I go. The rattle of it reminds me to check if I have taken my medication yet while the proper dosage of each pill for each day is already there for me. This is especially helpful for the odd B-6 pill that I am only supposed to take twice per week and is thus easy to forget. During the week, when I have a more regular schedule thanks to my volunteer job at the library, it is relatively easy to keep myself on this regimen. I have to get up at a specific time in the morning anyway in order to get ready for my ‘job’ and the evenings remain relatively quiet so that I can get enough sleep for tomorrow’s work. On the weekends, though, it becomes more difficult because I want to sleep in later, but still get hungry at the same time and I want to stay up later, but the Zoloft continues to make me sleepy. I am motivated to continue taking the medicine, though, out of fear of having a heart attack or simply not be capable of eating comfortably if that horrible heartburn feeling returns. At the same time, there are many things that make me wish I could just scrap the regimen altogether. When I am not volunteering, it is nice to lose all track of scheduling constraints. I like to sleep in late and take my time on various things. On these days, I am usually ravenously hungry when I wake up but have to put this on hold if I want my medications to be effective. This is