Management
In the Threshold Team Competitor, a simulating program that manages details of a small manufacturing company, the class was broken into 13 small groups who competed against one another in a simulation. The goals of the simulation were for the groups to develop decision-making skills in financial management, human resources, marketing, research, and inventory control. Our company goals were to be ranked in the top three performers in the simulation, to have a sizeable market share, to have a high quality, and a high demanding product. Our mission was to establish our company as the premier purveyor of the finest plastic products in the industry. Our ability to identify essential signs of growth and loss of income, then basing our decisions on our analysis of reports from the previous quarters can make our company successful.Managerial duties and roles were shared among all members of the team. Decisions and ideas were introduced by individual team members and then debated and by the team, then implemented if a majority agreed with the plan. Usually a team member would present an idea, showing data and his reasoning for implementing it into the company. In order to get his idea approved the submitting team member usually has
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Some common words found in the essay are:
Chris Richards, Threshold Competitor, Team Competitor, Chris Taylor, Corey Synagogue, Jeremy Chambers, Lewis Reddick, Triple Associates, cost sold, net income, unit cost, gross profit, Reddick Chambers, net sales, decision process, Management Review, finished inventory, selling administrative expenses, demand labor, units produced, selling administrative, manufacturing cost sold, lowered total value, increased net income, value finished inventory,
Approximate Word count = 3215
Approximate Pages = 13 (250 words per page double spaced)
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