Competition and Business Risk Assignment Example | Topics and Well Written Essays - 2750 words

Competition and Business Risk - Assignment Examplehe someone reflective account will act as an overview of the strategies that were implemented by liberty chit Start footwear through the transaction strategy game (BSG) that was played from year 11 to year 15 on a period of 5 weeks. The major aim of this reflective tell is be to make an military rating of my knowledge of how to run a caper by making use of the business strategy game. The report will also highlight how I used the Belbins typology to analyse my team members and myself, the theories that I have put up helpful from other courses that studied on my masters programme, and what I have leant in relation to business strategy. Figures and facts retrieved from business strategy game will be provided to support the reports arguments in the report such as the image rating and investor expectation as shown in the figure below.The business strategy game (BSG) offers me practice to make business decisions. The game also enab les me to learn how to come up with strategies for taking in a highly competitive market. It also enables me to be held answerable for my actions, in comparison to the business managers who are held responsible for their firms performance in the real world (Thompson, Stappenbeck, & Reidenbach, 201333).The other eudaimonia is that we can learn more of the BSG exercise by taking up a role a business expert attempting to attain the best organizational performance by making use of managerial prudence and responsible business approaches (Thompson, Stappenbeck, & Reidenbach, 201334).BSG gives the opportunity to put what I have learnt into action in mold to gain some expertise in applying the skill of strategic analysis. I was able to access the nigh recent industry-wide developments, create a long-term direction for my company H, create and attain strategic pecuniary goals, and lastly, I came up with ways of producing best results and possibly result to gaining some competitive advan tage. Consequently, there the results for Head Start Footwear