Thursday, June 13, 2019
Simulation Analysis Report Lab Example | Topics and Well Written Essays - 750 words
Simulation Analysis - Lab Report ExampleIt is therefore true to say that the strategy adopted by the fellowship was successful as it helped the attach to in achieving its operational and strategic goals.The companionships strategy has also been effective in the achievement of the operational and strategic goals of the company. The effectiveness of the company strategy can be evaluated using activity ratios. Judging from the activity ratios, it is all the way evident that the company has been effective in its operations. For example, the inventory turnover of 0.24 clearly shows that the company has been efficient in the management of its inventory as well as in the generation of sales from the inventory. However, a low ratio of accounts receivable turnover of 20.58 recorded by the company is an indication that the company has not been quite efficient in the collection of its receivables.To improve its future operations, the company go away have to spay its strategy in order to i mprove on its marketing outcomes. That is, there is the need for improvements in the companys operations and strategies. The company through its Board of Directors and management should improve its R&D outcomes in order to improve on its operations efficiency and profitability. This allow include expend more in R&D in order to create refreshed and innovative products in the High-End Segment (Capsim Manual). Highly innovative products will change the company to remain a cost leader with a focus on the product life cycle. There is also the need for the company to change its strategy to a differentiator with product lifecycle focus. This strategy will enable the company to gain a high competitive advantage with innovative new products that have excellent design and easy accessibility. The new products will also keep pace with the market and will offer improved performance and design, which will earn the company increased sales, profitability and overall improvement of its marketing outcomes (Baum,
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