06 Dec MGT 4337: Business Policy and Decision Making Decision Log Journal Guidelines and Rubric
MGT 4337: Business Policy and Decision Making
Decision Log Journal Guidelines and Rubric
Overview After completing each simulation with your team, you will individually document in a decision log the reasoning behind your company’s strategy by explaining why you and your co-manager(s) chose to make the decisions and changes that you did in this module’s simulations. You will submit a journal entry for each simulation (two per module, in Modules 2–6), totalling ten entries. However, individual entries will not be graded in each module. Instead, the Decision Log Journal will be assessed as a whole after the completion of all the required simulations in Module 6. Note: If your company scores poorly in the industry, an exemplary Decision Log may replace your Business Strategy Game Industry Score up to a maximum of 90%. Prompt For each Decision Log Journal Entry, be sure to complete the following:
1. First, for each journal entry, reflect on how you think the decisions for the year went in about one or two paragraphs. Specifically, address the following:
a. Describe the major changes your company made b. Explain why your company chose to make the decisions it did c. Describe the outcomes of the changes or decisions your company made
2. Then download and save a copy of this document for each entry so you can edit the Strategy Decision Tracking Table on page 2 to track
your decisions for each round and explain how each decision fits with your company’s strategy. Be sure to include a detailed description of the decisions you track and a thorough explanation of how they fit into your overall strategy. For Example: One bullet point under a given region and market segment might read as follows: “Increased the percentage of superior materials used to 70%. A differentiation strategy means having higher-quality shoes, so we believed increasing the percentage of superior materials would be the best route to take.” This example identifies a major decision made during the simulation round and explains how it fits in this company’s differentiation strategy. To complete your journal entry for each decision year, you must attach a saved, completed copy of the Strategy Decisions Tracking Table for that year’s decisions. It is recommended that you keep a personal copy of each year’s saved table under original file names as a backup.
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MGT 4337: Business Policy and Decision Making
Strategy Decision Tracking Table *You must attach a copy of this completed table for each Decision Year Log Entry
Region Wholesale Internet Private Label
North America
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