Reference no: EM131987806
Choose one of the following two assignments to complete this week. Do not complete both assignments. Identify your assignment choice in the title of your submission.
Note that while there are two options for this Critical Thinking Assignment, there is only one grading rubric. Review the rubric to confirm that you are meeting the assignment requirements.
Option #1: Review the Capsim Mini-Case Study entitled "R&D"
Review the Capsim Mini-Case Study entitled "R&D." To access Capsim case studies, click "eText and Cases" from the left navigation menu, as shown below:
Your Capsim company makes electronic sensors. You are fortunate because you have information on your customers' performance requirements and how they may shift with time. Not many companies have that advantage. Address the following in your paper:
Explain how your team has used Research and Development (R&D) to avoid creating a product too far ahead of its time, or a product that lags behind market requirements.
Explain why your team chose either a single product strategy or a multiple product offering?
How could a balanced scorecard-style dashboard be used to benefit your R&D team and company leadership?
What lessons have you learned from your Capsim experience that would allow you to more effectively use R&D in the future?
Your paper should meet the following requirements:
Be 5-6 pages in length, excluding the title and references pages.
Be formatted according to the CSU-Global Guide to Writing & APA.
In addition to course resources, use the CSU-Global Library to find three additional resources to support the position you take.
Option #2: Review the Capsim Mini-Case Study entitled "Finance"
Review the Capsim Mini-Case Study entitled "Finance." To access Capsim case studies, click "eText and Cases" from the left navigation menu, as shown below:
You can see the effect of the matching principle on your Capsim Core Income Statement. When you sell products, the amount you paid for the materials and labor will show up in the Variable Cost section, even though your company paid those bills earlier. The lesson is that those costs are matched to the sales.
When you buy additional capacity for your Capsim plant or add points to your automation rating, your investment in these assets will show up on the Balance Sheet under Fixed Assets as a positive number.
That same amount will show up on the Cash Flow statement (as a negative number) under Cash From Investing, because the cash went out of the business for the equipment.
For this assignment, explain the relationship between your team's Capsim decisions and their impact on the Income Statement and Balance Sheet for last week's Round 2 competition.
Share your decision-making logic. Include in your discussion how your decisions affected a) sales, b) profit, and c) contribution margin, and explain the concepts and models you used to form and integrate your strategies.
Your paper should meet the following requirements:
Be 5-6 pages in length, excluding the title and references pages.
Be formatted according to the CSU-Global Guide to Writing & APA.
In addition to course resources, use the CSU-Global Library to find three additional resources to support the position you take.
Be sure to check out the CSU-Global Online Research and Writing Lab.