You have learned some new concepts, and this new knowledge may impact how you make business decisions. For this assignment, you will complete another run of the 30-minute business simulation. This time, you will make decisions while bearing in mind the key business segments in the company’s BMC.
During this second run of the simulation, pay specific attention to your company’s business model and any business environment factors that may impact your plan. Then, complete and submit your journal assignment here.
Submit your assignment here. Make sure you’ve included all the required elements by reviewing the guidelines and rubric.
** I NEED EXEMPLARY GRADE PLEASE
Comments from Customer
Here is a Epilogue if this helps?:::
Epilogue Generation 4
Family Business logo featuring a purple honey dipper
Healthy Farms
It has been over 80 years since Rafael started Healthy Farms. Market analysists believe growth will slow down because many people prefer artificial sweeteners to honey. Even though they aren’t expanding the way they used to, the cousins on the board still do not want to diversify; they are concerned that moving away from honey could disrupt the growth they do have and they aren’t willing to take that performance risk. The family’s lifestyles are totally dependent on the company performance, which is certainly a factor in the cousins’ hesitation to move away from something they know.
You’ve reached the end of the simulation. Review your results below:
Business
You achieved National Business
Global International
Regional Multinational
National
Regional
Local
Closed
Available Business Types: Global International, Regional Multinational, National, Regional, Local, Closed
Healthy Farms eventually grows to become one of the top three honey producers in Brazil; however, it finds itself unable to expand. Several offers came in to purchase Healthy Farms, including one from French cosmetics company La Ruche, but the remaining family among the leadership cling to independence.
All of Rafael’s descendants continue the tradition of giving two drops of honey to each new baby on their first birthday.
Family
Your family relationship is Medium
Family members would prefer a little more say in running the business.
Ownership
Your ownership value is High
The shareholders are quite pleased with the business’s performance.