Capsim Business Plan For The Chester Company
Business Finance
My company is chester. Please write about how we intend to play each round when it comes to R &D, marketing and forecasts, and TQM (TQM we are just $1500 for everything the first two rounds and $1000 the next)
There have 8 rounds. Just including these 4 parts. And follow my mission，long-term objectives above.
Hey guys, here are some CAPSIM sites that could help for companies choosing to be niche.
http://ww3.capsim.com/guides/professor/professor-g…
https://prezi.com/5yap8zi1uufd/andrews-niche-diffe…
Mission:
Chester Company aims to provide high-quality sensors that will outlast and outperform the rest. We hold our products to a high standard so that we may be industry leaders in both quality and value. Therefore, we will maintain the pace of the market via a product design that will astonish consumers and epitomize innovation in our industry.
Vision:
Chester Company seeks to provide premium products to technology-oriented consumers, with a brand that will define the cutting edge with unrivaled performance. We value our stakeholders — customers, stockholders, management and employees — give purpose to the work we do. For them, we commit Chester company to exceed expectations of the consumers with a commitment to excellence and innovation.
Long-Term Objectives:
Expansion and Growth — To increase revenue by at least 60% over time through the expansion of markets via acquisition and product development
Image — Within 4-7 years, Chester plans to become a leading competitor in the industry, specifically in the areas of product quality, market share and profitability
Market Position — become a leading manufacturer of sensors within 4-7 years
Profitability — Within 5 years, increase shareholders’ returns by 50%
Firm Level Strategy:
Niche Differentiation: HIgh End
Competitive Advantages
Low Debt-to-Equity Implications
Automation
Research and Development
Cost Reduction
Position ExploitationHey guys, here are some CAPSIM sites that could help for companies choosing to be niche differentiators:
http://ww3.capsim.com/guides/professor/professor-guide/16-foundationr-computer-strategies034f.cfm
https://prezi.com/5yap8zi1uufd/andrews-niche-differentiation/
Mission:
Chester Company aims to provide high-quality sensors that will outlast and outperform the rest. We hold our products to a high standard so that we may be industry leaders in both quality and value. Therefore, we will maintain the pace of the market via a product design that will astonish consumers and epitomize innovation in our industry.
Vision:
Chester Company seeks to provide premium products to technology-oriented consumers, with a brand that will define the cutting edge with unrivaled performance. We value our stakeholders — customers, stockholders, management and employees — give purpose to the work we do. For them, we commit Chester company to exceed expectations of the consumers with a commitment to excellence and innovation.
Long-Term Objectives:
Expansion and Growth — To increase revenue by at least 60% over time through the expansion of markets via acquisition and product development
Image — Within 4-7 years, Chester plans to become a leading competitor in the industry, specifically in the areas of product quality, market share and profitability
Market Position — become a leading manufacturer of sensors within 4-7 years
Profitability — Within 5 years, increase shareholders’ returns by 50%
Firm Level Strategy:
Niche Differentiation: HIgh End
Competitive Advantages
Low Debt-to-Equity Implications
Automation
Research and Development
Cost Reduction
Position Exploitation
