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Week 5 Q1 Marketplace Simulation Report - Assignment 2-1

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Jatin Chauhan
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64 views

Week 5 Q1 Marketplace Simulation Report - Assignment 2-1

Field

Uploaded by

Jatin Chauhan
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Every student must Upload this Document in Canvas - Applied Learning tab to get marks.

Name: Ritu
Student id :

Field Integration – Marketplace Simulation Part I


Written Report Q1 Week 5

1- Describe in your words what the Marketplace simulation means to you.


Ans. For me, the Marketplace simulation has been a life-changing event. It
provides a practical method for understanding how firms operate, especially in
relation to collaboration, supply chain management, and negotiation. It has forced
me to exercise critical thought and make calculated judgments by weighing
possibilities and dangers. My comprehension of actual business situations has
improved because to the interactive style, which also makes theoretical information
more useful and usable. My skill set has expanded as a result of this simulation,
and I can now operate more effectively in fast-paced, cutthroat workplaces.
2- What was the name of your Company, how did you decide it?
Ans. My business is known as Experta. The name was chosen after considerable
study, as it symbolizes the ideals of competence, accuracy, and professionalism. I
needed a name that would immediately imply competence and trustworthiness,
emphasizing that we are a group of highly qualified experts. The term "Experta"
denotes not just expertise but also the capacity to offer wise, trustworthy advice. It
reflects our dedication to providing top-notch services and guaranteeing client
satisfaction by thoughtful deliberation and strategic planning.
3- Who are your team members? Who is the president of your company?
Describe your reasons why you assigned the following responsibilities.
Ans. Officer name. Primary responsibility Secondary
responsibility
 Corpus Lopez,
Every student must Upload this Document in Canvas - Applied Learning tab to get marks.

Francisco Javier VP-Business Analytics VP-Sales


Management
Reason: Because of his great analytical skills, he is able to recognize market trends
and adjust sales methods to stay competitive.
 Rajan Hitesh Kumar. VP-Manufacturing &
Quality Management President-Overall
Leadership
Reason: His background in operations guarantees that manufacturing runs
smoothly, and as President, his strategic vision guides the business toward
sustained success.
 Ritu. VP-Sales Management. VP-Channel
Relationships
Reason: She is ideal for client-facing jobs due to her exceptional communication
skills, and her creative marketing initiatives support our sales objectives.
 Shah, Shail Sanjaykumar. President-Overall Leadership VP-
Accounting
Reason: Managing the company's finances and guiding it in the proper path
depend heavily on my financial and leadership skills.
In a short paragraph explain the tactical learnings in:
By taking part in the Marketplace simulation, I have improved my capacity to
make wise choices in a competitive, fast-paced setting. I now know how to
properly allocate resources, evaluate market prospects, and control risks. Making
choices as a team has strengthened my ability to work with others and helped me
understand the value of communication and leadership. It has been a really
fulfilling experience that has given me tactical expertise for managing supplier
relationships, solving company problems, and adding value for customers.

Q Risk Analysis:
Every student must Upload this Document in Canvas - Applied Learning tab to get marks.

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