Business Simulation Evaluation & Reflective
Explain the theory and practice of businesses.
Describe a range of current problems and changes that organizations face in being successful
Critically evaluate research and theory to support decision-making and explain progress
Analyse complex issues, make reasoned judgments with incomplete data, and communicate conclusions clearly to specialist and non-specialist audiences.
Analyse company performance e.g. comparing actual performance with targets in your Business Plan, financial data analysis, decision analysis and justification of performance measures and strategy, application of business scorecard etc.
Explain why business plan achieved/ missed, why performance changed
Explain differences from competitors/ industry (in simulation)
Explain any changes made to business plan and company, why, any impact.