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MG6615_202243_CRN133 – OPERATIONAL PLANNING & POLICY – 202243 – CRN133 – STEWART
Individual Simulation Report #1
Vikram Simha Reddy Ganta
on Tue, Apr 12 2022, 1011 AM
67% highest match
Submission ID: 549a0fe7-6ce3-4857-8907-a14f36b5971c
Attachments (1)
Week10_Assignment.docx
2
1 WEEK 10 – INDIVIDUAL SIMULATION REPORT #1
Ganta Vikram Simha Reddy
1 OPERATIONAL PLANNING AND POLICY – 202243 -CRN133
2 NEW ENGLAND COLLEGE – APRIL 2022
Dr. Stewart
Generic strategy
3 A STRATEGIC PLANNING SIMULATION HAS BEEN RECOGNIZED AS THE GENERIC
STRATEGY. UNDERSTANDING HOW TO HANDLE COMPANY PLANS, PARTICULARLY IN A
COMPETITIVE ENVIRONMENT, IS MADE EASIER WITH THE INFORMATION IN THIS
CHAPTER. Today, we live in a global economy in which almost every aspect of our lives is dominated by
commercial activity. Most businesses provide similar goods and services. 3 STRATEGIC MANAGEMENT
SIMULATION SHOULD BE USED TO STAY COMPETITIVE (LEE ET AL., 2018). Assessing market
potential and developing an early company plan make use of this notion. For instance, it may be used to
identify commercial opportunities that can improve and enhance the economy. It also helps to improve one’s
financial literacy. Effective decision-making is essential to most commercial activities. Strategic management
simulations provide the information needed to make these kinds of judgments. 3 TO PRODUCE HIGHQUALITY GOODS AND ACQUIRE THE NECESSARY RESOURCES, IT IS ESSENTIAL TO MAKE
WELL-INFORMED JUDGMENTS. AS A RESULT, STRATEGIC MANAGEMENT SIMULATION IS
CRITICAL IN THIS INDUSTRY. Simulation provides an opportunity to try out fresh ideas for difficult
business choices.
Strategic Action
4 I HAVE BEEN WORKING IN AN ORGANIZATION FACING THE CHALLENGES ASSOCIATED
WITH STEEP COMPETITION. I HAD TO UTILIZE THE KNOWLEDGE TO ENSURE THAT SUCH
Week10_Assignment.docx
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Attachment ID: 5426171511
67%
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ISSUES HAD BEEN SOLVED. I MOBILIZED MY TEAM TO ENSURE THEY USED THE
KNOWLEDGE OF STRATEGIC MANAGEMENT SIMULATION. WE CAME UP WITH A MODEL
THAT COULD BE ADHERED TO IN ALL THE OPERATIONS CONDUCTED (LEE ET AL., 2018).
THE COMPANY’S RISKS COULD BE ASSESSED IN THREE DIFFERENT STRATEGIES. WE ARE
ALSO TAUGHT MON FINANCIAL SKILLS; I WILL APPLY IT PRACTICALLY BY CARRYING
OUT COST ESTIMATION TO AVOID INCURRING LOSS DUE TO OVERESTIMATION AND
UNDERESTIMATION IN SOME CASES. AFTER A WHILE, I WATCHED MY STRATEGIC
IMPLEMENTATION AND REALIZED THAT THERE WAS A REACTIVE MOVE BASED ON MY
KNOWLEDGE OF STRATEGIC MANAGEMENT SIMULATION AND ACQUIRED RESULTS OF
THE ACTIVITY.
Impacts of the moves
Complex chains of environmental influences on the performance of implemented strategies are very
challenging for strategic planning professionals to comprehend completely. Decision-makers are aware of the
interplay between a given strategic objective and the surrounding environment (Lee et al., 2018). Knowledgebased simulation incorporates time-varying antagonism using a variable game method as the primary vehicle
for strategic design simulation. Experimentations with numerical illustrations indicated that the suggested
strategy design simulation mechanism might efficiently enable decision-makers to create healthy strategy
arrangement within time-variant competitive settings and give encouraging outcomes in terms of presentation.
2 ACQUIRED RESULTS OF THE MOVE
5 I WAS ABLE TO ACQUIRE A LOT OF KNOWLEDGE FROM THE ORGANIZATION I HAVE
BEEN WORKING IN. AFTER APPLYING THE CONCEPT OF SIMULATION TOOLS IN THE
DECISION-MAKING PROCESS, I NOTED DRASTIC CHANGES. To try out fresh ideas for difficult
business choices, Simulation provides an opportunity (Lee et al., 2018). Simulation models may help
policymakers, and health care professionals make better decisions by providing estimates of the outcomes,
unintended effects, and costs of an intervention. A computer uses a set of parameters to simulate the problem
to solve a simulation model. In most cases, financial simulation techniques are used to estimate the
implications of policy change.
2 THE RISKS ASSOCIATED I HELP THE TEAM INVOLVED IN MAKING INFORMED
DECISIONS. I UTILIZED THE ACQUIRED KNOWLEDGE OF SIMULATION AND STRATEGIC
DECISION-MAKING. Various operations have been conducted (Lee et al., 2018). 2 FOR SUCH
OPERATIONS TO BE COMPLETED SUCCESSFULLY, IT REQUIRES A CONCEPT OF EFFECTIVE
DECISION-MAKING. ALSO, FOR THOSE OPERATIONS TO BE CONDUCTED SUCCESSFULLY
AND ACCURATELY, THE IDEA OF SIMULATION IS NEEDED. STRATEGIC BUSINESS
DECISIONS SHOULD ALSO BE CONSIDERED. SIMULATION HAS BEEN UTILIZED IN THE
ORGANIZATION.
Objectives of Simulation
Simulated testing is a way to ensure that a product will satisfy its operational specifications. Further, it may
help identify improvements that need to be made and ensure that relevant real-world testing is carried out.
Organizations may make better choices using simulation modelling, which allows them to see the effect of
planned changes before implementation (Lee et al., 2018). Traditionally, simulation modelling has been carried
out by people who are not directly involved in the modelled system. People, finances, structure, technology, and
culture are often disregarded when supporting implementation. All its elements must be in place for a strategy
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to become operational. A well-executed strategy aids management in making well-informed choices concerning
their time and resources. All actions must be measured, coordinated, and driven by the organization’s strategic
approach.
2 WHAT WAS LEARNED DURING THE COURSE?
5 I WAS ABLE TO LEARN A LOT DURING THE WEEK. I WAS ABLE THE WEEK TO LEARN
THE ESSENCE OF STRATEGIC DECISION-MAKING. It was also shown to me that strategic decisionmaking aids in the successful resolution of potential issues and the improvement of metric accuracy (Lee et al.,
2018). 5 THE CONCEPT OF STRATEGIC DECISION-MAKING WITH SIMULATION SHOULD BE
UTILIZED IN EVERY ORGANIZATION TO ENHANCE SUCCESS.
THE NEXT SET OF MOVES STRATEGIC BUSINESS DECISION-MAKING IS ESSENTIAL.
DIFFERENT ORGANIZATIONS SHOULD UTILIZE IT TO SAVE TIME AND COST, WHICH
COULD HAVE BEEN USED IN SOLVING ISSUES ASSOCIATED WITH POOR DECISIONMAKING. SIMULATION TOOLS SHOULD BE USED IN DECISION-MAKING (LEE ET AL.,
2018). To try out fresh ideas for difficult business choices, Simulation provides an opportunity. 2 I WILL
ENSURE I MAKE INFORMED DECISIONS WITH THE HELP OF SIMULATION’S TOOL IN
IDENTIFYING AND TESTING NEW IDEAS THAT ARE USED IN DECISION MAKING. I WILL
ENSURE THAT REAL-LIFE EXAMPLES ARE ANALYZED AND USED FOR EFFECTIVE AND
ACCURATE DECISIONS.
DATA SIMULATION SYSTEMS
SIMULATIONS HELP IN PROMOTING THE CONCEPT OF ATTAINMENT VIA EXPERIMENTAL
PRACTICE. THEY ALLOW ONE TO UNDERSTAND NUANCES ASSOCIATED WITH THE IDEA.
Simulating company processes provides novel ideas with a chance to be tested before they are implemented in
the real world (Lee et al., 2018). 2 WITH ITS FEATURES, ONE CAN MAKE ACCURATE AND
INFORMED DECISIONS. An example of data simulation is using a massive quantity of data to imitate or
mirror real-world situations to anticipate a future event, identify the best approach or test an existing model.
There are a wide variety of ways to simulate data.
References
Lee, K. 2 C., LEE, W. J., KWON, O. B., HAN, J. H., & YU, P. I. (2018). 2 STRATEGIC PLANNING
SIMULATION BASED ON FUZZY COGNITIVE MAP KNOWLEDGE AND DIFFERENTIAL GAME.
SIMULATION, 71(5), 316-327.
Citations (5/5)
Matched Text
1 Another student’s paper
2 Another student’s paper
3 Another student’s paper
4 Another student’s paper
5 Another student’s paper
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Suspected Entry: 77% match
Uploaded – Week10_Assignment.docx
WEEK 10 – INDIVIDUAL SIMULATION REPORT #1
Source – Another student’s paper
Individual Simulation Report #1
Suspected Entry: 84% match
Uploaded – Week10_Assignment.docx
OPERATIONAL PLANNING AND POLICY – 202243 -CRN133
Source – Another student’s paper
Operational Planning & Policy – 202243
Suspected Entry: 67% match
Uploaded – Week10_Assignment.docx
NEW ENGLAND COLLEGE – APRIL 2022
Source – Another student’s paper
New England College
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
ACQUIRED RESULTS OF THE MOVE
Source – Another student’s paper
Acquired results of the move
Suspected Entry: 85% match
Uploaded – Week10_Assignment.docx
THE RISKS ASSOCIATED I HELP THE TEAM INVOLVED IN MAKING
INFORMED DECISIONS
Source – Another student’s paper
I help the team involved in making informed decisions
Suspected Entry: 95% match
Uploaded – Week10_Assignment.docx
I UTILIZED THE ACQUIRED KNOWLEDGE OF SIMULATION AND
STRATEGIC DECISION-MAKING
Source – Another student’s paper
I utilized the acquired knowledge on Simulation and strategic decisionmaking
Suspected Entry: 100% match
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FOR SUCH OPERATIONS TO BE COMPLETED SUCCESSFULLY, IT
REQUIRES A CONCEPT OF EFFECTIVE DECISION-MAKING
Source – Another student’s paper
For such operations to be completed successfully, it requires a concept of
effective decision-making
Suspected Entry: 82% match
Uploaded – Week10_Assignment.docx
ALSO, FOR THOSE OPERATIONS TO BE CONDUCTED
SUCCESSFULLY AND ACCURATELY, THE IDEA OF SIMULATION IS
NEEDED
Source – Another student’s paper
Also, for those operations to be conducted successfully and accurately,
the concept of Simulation is required
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
STRATEGIC BUSINESS DECISIONS SHOULD ALSO BE CONSIDERED
Source – Another student’s paper
Strategic business decisions should also be considered
Suspected Entry: 100% match
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Uploaded – Week10_Assignment.docx
SIMULATION HAS BEEN UTILIZED IN THE ORGANIZATION
Source – Another student’s paper
Simulation has been utilized in the organization
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
WHAT WAS LEARNED DURING THE COURSE
Source – Another student’s paper
What was learned during the course
Suspected Entry: 95% match
Uploaded – Week10_Assignment.docx
I WILL ENSURE I MAKE INFORMED DECISIONS WITH THE HELP OF
SIMULATION’S TOOL IN IDENTIFYING AND TESTING NEW IDEAS
THAT ARE USED IN DECISION MAKING
Source – Another student’s paper
I will ensure I make informed decisions with the help of Simulation’s tool in
identifying and testing new ideas that are considered to be used in
decision making
Suspected Entry: 88% match
Uploaded – Week10_Assignment.docx
I WILL ENSURE THAT REAL-LIFE EXAMPLES ARE ANALYZED AND
USED FOR EFFECTIVE AND ACCURATE DECISIONS
Source – Another student’s paper
I will make sure that real-life examples are analyzed and used for effective
and accurate decisions
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
DATA SIMULATION SYSTEMS
Source – Another student’s paper
Data simulation systems
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
SIMULATIONS HELP IN PROMOTING THE CONCEPT OF
ATTAINMENT VIA EXPERIMENTAL PRACTICE
Source – Another student’s paper
Simulations help in promoting the concept of attainment via experimental
practice
Suspected Entry: 72% match
Uploaded – Week10_Assignment.docx
THEY ALLOW ONE TO UNDERSTAND NUANCES ASSOCIATED WITH
THE IDEA
Source – Another student’s paper
They help one to understand nuances associated with the concept
Suspected Entry: 89% match
Uploaded – Week10_Assignment.docx
WITH ITS FEATURES, ONE CAN MAKE ACCURATE AND INFORMED
DECISIONS
Source – Another student’s paper
With its features, one can be able to make accurate and informed
decisions
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
C., LEE, W
Source – Another student’s paper
C., Lee, W
Suspected Entry: 100% match
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Uploaded – Week10_Assignment.docx
J., KWON, O
Source – Another student’s paper
J., Kwon, O
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
B., HAN, J
Source – Another student’s paper
B., Han, J
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
H., & YU, P
Source – Another student’s paper
H., & Yu, P
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
STRATEGIC PLANNING SIMULATION BASED ON FUZZY COGNITIVE
MAP KNOWLEDGE AND DIFFERENTIAL GAME
Source – Another student’s paper
Strategic Planning Simulation Based on Fuzzy Cognitive Map Knowledge
and Differential Game
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
SIMULATION, 71(5), 316-327
Source – Another student’s paper
Simulation, 71(5), 316-327
Suspected Entry: 63% match
Uploaded – Week10_Assignment.docx
A STRATEGIC PLANNING SIMULATION HAS BEEN RECOGNIZED AS
THE GENERIC STRATEGY
Source – Another student’s paper
Generic Strategy The generic strategy that has been discovered is a
strategic management simulation
Suspected Entry: 65% match
Uploaded – Week10_Assignment.docx
UNDERSTANDING HOW TO HANDLE COMPANY PLANS,
PARTICULARLY IN A COMPETITIVE ENVIRONMENT, IS MADE
EASIER WITH THE INFORMATION IN THIS CHAPTER
Source – Another student’s paper
The information gained in this chapter will assist one in understanding
how to handle corporate strategy, particularly in a competitive
environment
Suspected Entry: 74% match
Uploaded – Week10_Assignment.docx
STRATEGIC MANAGEMENT SIMULATION SHOULD BE USED TO
STAY COMPETITIVE (LEE ET AL., 2018)
Source – Another student’s paper
Strategic management simulation is a notion that should be used in order
for one to stay competitive (Lee, et
Suspected Entry: 69% match
Uploaded – Week10_Assignment.docx
TO PRODUCE HIGH-QUALITY GOODS AND ACQUIRE THE
NECESSARY RESOURCES, IT IS ESSENTIAL TO MAKE WELLINFORMED JUDGMENTS
Source – Another student’s paper
In order to create high-quality goods and acquire resources, it is critical to
make informed judgments at all times
Suspected Entry: 63% match
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Uploaded – Week10_Assignment.docx
AS A RESULT, STRATEGIC MANAGEMENT SIMULATION IS CRITICAL
IN THIS INDUSTRY
Source – Another student’s paper
A strategic management simulation program is consequently essential for
this industry
Suspected Entry: 92% match
Uploaded – Week10_Assignment.docx
I HAVE BEEN WORKING IN AN ORGANIZATION FACING THE
CHALLENGES ASSOCIATED WITH STEEP COMPETITION
Source – Another student’s paper
I have been working in an organization that has been facing the
challenges associated with steep competition
Suspected Entry: 92% match
Uploaded – Week10_Assignment.docx
I HAD TO UTILIZE THE KNOWLEDGE TO ENSURE THAT SUCH
ISSUES HAD BEEN SOLVED
Source – Another student’s paper
I had to utilize the knowledge to ensure that such issues have been solved
Suspected Entry: 90% match
Uploaded – Week10_Assignment.docx
I MOBILIZED MY TEAM TO ENSURE THEY USED THE KNOWLEDGE
OF STRATEGIC MANAGEMENT SIMULATION
Source – Another student’s paper
I mobilized my team to ensure they utilize the knowledge of strategic
management simulation
Suspected Entry: 76% match
Uploaded – Week10_Assignment.docx
WE CAME UP WITH A MODEL THAT COULD BE ADHERED TO IN ALL
THE OPERATIONS CONDUCTED (LEE ET AL., 2018)
Source – Another student’s paper
We came up with a model which could be adhered to in all the operations
being conducted
Suspected Entry: 79% match
Uploaded – Week10_Assignment.docx
THE COMPANY’S RISKS COULD BE ASSESSED IN THREE
DIFFERENT STRATEGIES
Source – Another student’s paper
The company’s risks could be assessed in three different strategies (Lee
et al., 2018)
Suspected Entry: 81% match
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WE ARE ALSO TAUGHT MON FINANCIAL SKILLS
Source – Another student’s paper
We also taught financial skills
Suspected Entry: 69% match
Uploaded – Week10_Assignment.docx
I WILL APPLY IT PRACTICALLY BY CARRYING OUT COST
ESTIMATION TO AVOID INCURRING LOSS DUE TO
OVERESTIMATION AND UNDERESTIMATION IN SOME CASES
Source – Another student’s paper
Such will avoid incurring loss due to overestimation and underestimation
in some cases
Suspected Entry: 90% match
Uploaded – Week10_Assignment.docx
AFTER A WHILE, I WATCHED MY STRATEGIC IMPLEMENTATION
AND REALIZED THAT THERE WAS A REACTIVE MOVE BASED ON
MY KNOWLEDGE OF STRATEGIC MANAGEMENT SIMULATION AND
ACQUIRED RESULTS OF THE ACTIVITY
Source – Another student’s paper
I watched my strategic implementation after a while, and I realized that
there was a reactive move based on my knowledge of strategic
management simulation and
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Suspected Entry: 68% match
Uploaded – Week10_Assignment.docx
I WAS ABLE TO ACQUIRE A LOT OF KNOWLEDGE FROM THE
ORGANIZATION I HAVE BEEN WORKING IN
Source – Another student’s paper
I acquired a lot of knowledge from the organization I have been working in
based on the course knowledge
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
AFTER APPLYING THE CONCEPT OF SIMULATION TOOLS IN THE
DECISION-MAKING PROCESS, I NOTED DRASTIC CHANGES
Source – Another student’s paper
After applying the concept of simulation tools in the decision-making
process, I noted drastic changes
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
I WAS ABLE TO LEARN A LOT DURING THE WEEK
Source – Another student’s paper
I was able to learn a lot during the week
Suspected Entry: 100% match
Uploaded – Week10_Assignment.docx
I WAS ABLE THE WEEK TO LEARN THE ESSENCE OF STRATEGIC
DECISION-MAKING
Source – Another student’s paper
I was able the week to learn the essence of strategic decision-making
Suspected Entry: 87% match
Uploaded – Week10_Assignment.docx
THE CONCEPT OF STRATEGIC DECISION-MAKING WITH
SIMULATION SHOULD BE UTILIZED IN EVERY ORGANIZATION TO
ENHANCE SUCCESS
Source – Another student’s paper
The concept of strategic decision-making with simulation should be
utilized in every organization for success to be enhanced
Suspected Entry: 76% match
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THE NEXT SET OF MOVES STRATEGIC BUSINESS DECISIONMAKING IS ESSENTIAL
Source – Another student’s paper
Strategic business decision-making is essential
Suspected Entry: 87% match
Uploaded – Week10_Assignment.docx
DIFFERENT ORGANIZATIONS SHOULD UTILIZE IT TO SAVE TIME
AND COST, WHICH COULD HAVE BEEN USED IN SOLVING ISSUES
ASSOCIATED WITH POOR DECISION-MAKING
Source – Another student’s paper
Different organizations should utilize it to save time and cost, which could
have solved issues associated with poor decision-making
Suspected Entry: 90% match
Uploaded – Week10_Assignment.docx
SIMULATION TOOLS SHOULD BE USED IN DECISION-MAKING (LEE
ET AL., 2018)
Source – Another student’s paper
Simulation tools should be utilized in decision-making (Lee et al., 2018)
