Starting up a pressure sensor company
Starting up a pressure sensor company
Paper details -i’m a student that studies capsim.com simulation. -use the knowledge of simulation to address the question. -also, discuss the target customer. -notify which segment i’m aiming for (ex. High-end, low-end, traditional) and what re the key buying criteria, and the projected demand. -i need a specialist at capsim, i can give you the access username and password to check the capsim courier. -discuss each business department (hr, finance, marketing, tqm, etc) and how do they relate to each other & each department implementation to tsp demand from projected customer base. -demonstrate the implementation decisions forthe startup company, use evidence from conceptual foundations and from the case given to you. -both the simulation and the case should connected in the answer. -make it seem in a managerial point of view. -extra information such as the case & the username to capsim will be provided via email. The main subject of the essay is: how to start up a company using the simulation & the case. The case takes about starting a pressure sensor company in kuwait. -use the information gathered from the simulation to be useful on how to make decisions, why did we make it, and how it will effect the other decisions. (How different department effect the company)(departments are: finance, workforce, marketing, HR, R&D, TQM, production) -also, main focus is the forecasting. Talk about how i’m going to forecast, how in the startup it will be hard since there is no past data so the forecasting will be different. -have a realistic projection of the sales, profit, how much demand expected, production. Because bad forecasting will result in problems in cash flow, cost increase and profitability. -assessment of how much revenue expected, cost. -also talk about the market position (market share) & financial liability. -use simulation to see what problems we faced and how can we avoid it in starting this company
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