Friday, January 16, 2015

Virtual business

1. Do you think you were a successful business owner?
   Why or why not?
I was was not good at the virtual business because I made no profit. 


2. What was your primary purpose in playing and managing this simulation?
 To make a profit on your franchise.


3. What were the two main reasons for not making more money?
Not enough people at games and bad promotions. 


4. What do you think you did best in the planning and running of your football team?
 I did the best at managing my players.



5. What was your biggest weakness in running this simulation?
My biggest weakness was my media planning. 



6. Explain how you managed yield management pricing?
I used market research to find the perfect prices. 



7. Explain how you used market research to help your planning.
It told you your fans preference on things. 



8. Explain how infrastructure the city's businesses affect the running of your team. 
Some times you don't get good sponsorship's. 



9. Explain why it might be important to ask questions about devotion and ticket spending when trying to determine where to locate your team.
 To see who will buy a ticket and for how much money.




10. What promotion would you like to receive if going to one of your games?
 A team hat because it's nice and cheap.

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