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First Mike’s Bikes Assignment

First Mike’s Bikes Assignment. Check Green Sheet for due date. Steps. Load software Start MikesBikesIntroSolo Read the Year Ahead, the Scenario Information report, the All Product Details report, and the Income Statement report. More steps. Rename your company

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First Mike’s Bikes Assignment

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  1. First Mike’s Bikes Assignment Check Green Sheet for due date

  2. Steps • Load software • Start MikesBikesIntroSolo • Read the Year Ahead, the Scenario Information report, the All Product Details report, and the Income Statement report

  3. More steps • Rename your company • Read everything you printed • Complete steps 4 – 7 under “Key Steps for Making Your First Decision” • Click the “Go” button to roll the period

  4. What to Turn In Print the following reports for period 2004, staple them together, and write your name at the top: • Industry Benchmark report • Income Statement • All Product Details report • Product Report

  5. Experiment To Learn • Skip directly to steps 4 and 5 under “Key Steps for Making Your First Decision,” which is on “The Year Ahead” report. • Ignore everything it says about “Developing a product strategy.”

  6. Make it Work • Make some decisions and • Click the “Rollover” button to roll the period • Click OK • Repeat try and enter new decisions or roll back to try to improve your results You want high stock price.

  7. Find Out How You Did • Study the reports you printed for the two periods. • Did your stock price and annual profit improve year-over-year? • If not, why not? • Study the Mike’s Bikes Intro Player’s Manual for clues • Ignore references to MBI Multi-Player. Focus on Single-Player.

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