Conception, design and aim[ edit ] Proposals and precursors[ edit ] Astronaut Owen Garriott works next to Skylab's manned solar space observatory, InHermann Oberth —considered a father of modern rocketry, along with Robert H. First, the angular resolution the smallest separation at which objects can be clearly distinguished would be limited only by diffractionrather than by the turbulence in the atmosphere, which causes stars to twinkle, known to astronomers as seeing. At that time ground-based telescopes were limited to resolutions of 0.
The Glo-Bus Simulation was able to simulate real-world competition in the digital camera industry. Each company developed an individual business strategy, which created an interesting dynamic to view how the market was affected.
This enabled their firm to distinguish themselves through the high-volume sale of their low-cost cameras. The initial success, in offering low prices relative to their competitors, was positively related to the performance of their company.
They were able to secure modest market share in both the entry-level and multi-featured camera. The simulation suggests that if you can be a successful market pioneer and continue to sustain significant market share and lead the market, then that is an excellent role, but was not the case for this firm.
Creative Camera Company — Fast follower approach. This organization focused their attention on whoever was in the lead.
This is only true if another organization does not pass up the company that they are following in the process.
This was the true of Team C in this simulation. Their Strategic plan globus camera involved switching from one leading company to the next, too late in the game. Dynamic Camera Company — Team D selected a reactor approach to their business strategy.
Continually overwhelmed by the changes in the marketplace, this team became very confused and did not know which way to lead their organization.
Overall Industry Trends Understanding and reacting to industry trends is a critical piece of information businesses.
Developing a successful business strategy will depend on your ability to understand the patterns that emerge in both the financial and strategic characteristics of a market. Industry trends are important because they can signal forthcoming changes or events that companies can anticipate in order to position themselves accordingly.
For example, in the Glo-Bus Simulation, the reduction in price of both the entry-level and multi-feature camera, over the duration of the simulation, were the main trends evident, as the firms competed for market share see price and market share graphs.
As each company made changes in their cost structure and subsequent pricing changes, market share in each geographic and industry segment was affected.
Typically, the low cost leader was the driving force in the market. Early identification of the sensitivity price trends, played in the simulation, gave Amalgamated Holdings a competitive advantage that enabled our company to minimize the risk of a loss of market share.
Major Turning Points Sudden changes in industry conditions are not typically attributable to trends in the marketplace. These changes are considered industry developments or major turning points and are important signals to key changes in the direction of the market.
The Glo-Bus Simulation was able to replicate the affect that an organization could have in the marketplace with changes in their strategy. There were two critical turning points throughout this simulation. The first, and what ended up being the most important, turning point was when Amalgamated Holdings took the lead after the year 9 decisions.
With focused leadership, a clear strategic plan for the organization, and early identification of leading market trends, we were able to hold onto the lead in the marketplace until the end of the simulation. This was a major turning point as it established the credible evidence that price and market share were positively correlated.
Both major turning points proved to be important events in the simulation. Every organization will encounter these events from time to time.Glo-Bus Team Strategic Analysis - Free download as Word Doc .doc), PDF File .pdf), Text File .txt) or read online for free.
This is a strategic analysis which was developed by my team.5/5(2).
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Globus Strategic Plan Essay Sample.
Blue Wave Digital has developed a strategic plan depicting team decisions that have resulted in short and long term implications for our goal of being the clear market leader in the camera industry. $ 3$ I. Team E Cameras’ Strategic Vision The main objective of our business was to make all of our stakeholders including shareholders, employees and our final customers happy.
The Hubble Space Telescope (HST) is a space telescope that was launched into low Earth orbit in and remains in operation. Although not the first space telescope, Hubble is one of the largest and most versatile and is well known as both a vital research tool and a public relations boon for srmvision.com HST is named after the astronomer Edwin Hubble and is one of NASA's Great Observatories.