Mikes Bikes Sample Final Report

Instructions: Complete a five year simulation, and answer the following questions on the actual approach you used for the simulation. You may type your answers directly on this form, but the completed document must be 2-3 pages in length (please do not change the margins). Due November 25, 11:59pm

During a MikesBikes wrap-up session, students offered these “lessons learned” to future players. The number of “votes” recorded for each suggestion is used to rank order of the items.

|and the results from these decisions from 2003 to 2011. Written by the president| |

At Off The Chain Bikes our mission is to be a profitable provider of high quality bicycles that provide value to our customers and create a company that can attract, recruit and retain smart and talented employees. Our vision is to be established as one of the top Bicycle Manufacturing companies in the country and provide innovative and quality products to our customers. Outlining our goals, analyzing and strategizing for our internal and external environment, staying on top of our financial health, taking care of our investors, and effectively marketing our products will

As Jimmy puts it, every bike is a unique tool, offering a new lens with which to experience the world around

The goal of the organization is “to double or triple the size of the company within 10 years” (Zietsma, 2007)

Kootenay Bicycles (Kootenay) build custom frame or bike in a large metropolitan area in western Canada since 2002. Although sales have been steadily increasing since inception, it has not been successfully translated to profits. Signs of operational inefficiencies, lack of financing and limited expandability limits its growth.

A1. Budget Concerns Competition Bikes budget has several areas of concern that need to be address. 1. Units expected to be sold for year nine is 3510. Competition Bikes is predicting that they will sell 3510 Bikes but they only sold 3400 Bikes in year eight down 15% from year seven 4000 units sold. Competitions Bikes has budget to high because the current economic down turn is showing no signs of relief for the next three years. Many of Competition Bikes customers are sponsored riders and many sponsors have pulled their funding to their rides. Competition Bikes has not presents a plan that would support their projections. Competition Bikes should lower there should lower the expected units sold so not to over order raw materials that will

Lyon, Robert, Citi Bike’s road trip: where next?.New York . New York University Stern School Of Business. 2014. Print.

One of the strengths that the company has is its good quality brand and product. Their products are light and travel friendly as they are folding bikes making them very unique and popular with people who commute a great deal. This leads to the next strength which is the company’s wide target market. People who tend to commute daily to work or university, who have caravans and boats

Prior to the first year of decision makings, our bike firm of Get Wheel took some time to study and consider numerous strategies that would bring the shareholder value to the top early on. We also had the goal in mind to accomplish of providing the greatest maximum benefit to the owners. Before officially entering the market, our competitors had an equal starting shareholder value of $10.82. Our firms starting plan was to have the shareholder value above all the competitors early on. Get Wheel set the price of the first mountain bike slightly above the suggested retail price. To attract many consumers, Get Wheel spent the most on advertising and public relations in total in comparison with the competitors. The goal was to create more awareness and thus attracting customers and increasing shareholder value. As a result of such spending, Get Wheel

The website of Harley Davidson gave us a new concept of Motorcycles! The extension of this website is exceptional. The virtual Customer Service in this website is notorious and extremely helpful. From other motorcycles websites this is one of the most professionals ones where the customer can get a flavor of the company from products up to their businesses profits and others...Harley Davidson publishes material related to all aspects of their motorcycles and provides to their own and the general public good information, expanding their products and other services with local information for countries around the world. Their information and technology, including digital libraries, metadata, authorization and

Bicycle consumers evaluate bicycles for their technology to include low weight, durable, stylish, and performance. Consumers are also concerned about price and service. Also the demographic of peer ownership will influence consumer purchasing criteria. Clearly the college in Colorado had a few select brands. Some manufacturers are fortunate to capture these traits within their brand. Trek has successfully secured 24% of the market and is a respected brand.

The products that will be offered in my business will be the top brand motorbikes, as well as lower class ones. My products will be at affordable prices that most people will be able to pay, either straight up or weekly/monthly payments. My business will always have the latest fashion bikes in store; so whether you 're up to date and know a lot about bikes or whether you know very little, you will be able to see for yourself when visiting the store what today 's bikers are talking about. Everyone who works in my business, or in store, will have high knowledge

The company has made tremendous progress in the last eight years (Refer to Company Background, Appendix 1, Page ) with regards to achieving a competitive position as well as increasing its market share, but need has