Copyright © 2005 by South-Western, a division of Thomson Learning All rights reserved 11 Examples of Business Simulation (adapted from Table 9.1) Budget Models –All levels of organization Treasury and Financial Models –Cash management –Income statements –Cash flow projections –Stock and commodity prices Marketing Models –Sales budgets –Pricing –Market share projections –Advertising and marketing plans Operations Models –Inventory costs –Material costs –Production costs Human Resources Models –Compensation –Optimum staffing levels –Measures of productivity Strategic Planning Models –Scenario planning –Political/economic forecasts –Business war-gaming
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