PDA Simulation #5
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The PDA interactive exercise was an interesting experience for me. In this age of electronics, internet, and game playing, I think I may be too wrapped up in "gaming" the game. Numerous times I had thought about re-running the simulations in numerous attempts each week, but decided to pick a strategy and going with it whole heartedly ... learning and writing about my mistakes and what I had learned.
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Solution Summary
The PDA interactive exercise was an interesting experience for me. In this age of electronics, internet, and game playing, I think I may be too wrapped up in "gaming" the game. Numerous times I had thought about re-running the simulations in numerous attempts each week, but decided to pick a strategy and going with it whole heartedly ... learning and writing about my mistakes and what I had learned.
My first run strategy was marred by the thought that I could continue R&D research while a model is discontinued. Price was my major thought process ... lower the price to drive sales. I, then, turned to looking at market saturation and R&D.
Looking back, Leavitt's Model is a good summary of my experience in this exercise ... a change to one element influences change throughout the organization.
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WHAT DID I LEARN
The PDA interactive exercise was an interesting experience for me. In this age of electronics, internet, and game playing, I think I may be too wrapped up in "gaming" the game. Numerous times I had thought about re-running the simulations in numerous attempts each week, but decided to pick a strategy and going with it whole heartedly ... learning and writing about my mistakes and what I had learned. Nevertheless, somehow, each week, I found myself changing my thought processes just enough to prevent my scores from growing. Ultimately, I learned that I need to take things at face value ... and by that, I mean that there is more to running a business and succeeding than knowing when to lower the price of your products in order to spark sales. The number of sales doesn't necessarily mean greater profits, especially when you start lowering unit prices. I know now, that there is something to research and development. I was skeptical over this part of the exercise, and because I never fully exploited that part of the scenario, I have not ...
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