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Why was SimVenture a good experience for me?
SimVenture offered a unique opportunity to interact and cooperate with a team with the aim of achieving the best results. Working as a team was a great experience due to a number of reasons. First, it offered me the opportunity to learn different application of different ideas in business practice.
What are the stages of a SimVenture business?
The stages into which our business activities over the 3 years of simulation could be split into are Start-Up Activities and Growth. The Start-Up Activity encompasses the foundation work needed in searching for capital, carrying marketing activities, taking up competitor analysis and developing effective entrepreneurial skills.
Which is an example of a SimVenture essay?
The business has been set up on a strong base of research and a fully understand the market as well as the product. This report explains the performance analysis for the few months of operation. A comprehensive view if the business performance indicates a healthy business plan which has already helped break-even and offer a good return.
Last Update: Oct 2021
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