CLASS 5

Electronics and Musical Production Students:

Tomorrow is our last class of this first stage of the project.

Some of you still have to deliver your presentations, be ready!
Afterwards, you will continue playing Hot Shot Business. You will have to complete the Journals and post your results on this blog.

HOTSHOTBUSINESS FOLLOW-UP JOURNAL:

Today we launched our _________ company under the name of ________________.
Our first measure was to create _________________ stations to meet customers’ demands. However, after a while we found out that __________________ was unprofitable and we decided to drop it.
Our customers were mainly interested in ______________.
We promoted our services through ___________________
Then, we found out that our prices were _____________ so we_________________.
So far, we’ve attained _______________, but we think that next time we will have to______________.

Well, you’ve been playing for a while now and so far, you’ve done quite well with profits of up to $15,000. But, you’re still far from your first million, so it would be useful to revise your strategies to battle your path towards success. So, raise your chin and go ahead!

Business Finances:
Our call was to
____________________________________________, so now we’re ___________________.
We think it was a good/bad strategy because at the end of the sixth week
_________________________________.

Marketing:
While selecting the
most appropriate marketing campaign, the options were among these four:
________________________________________, we chose ____________________________
which meant a cost of __________________. The advantages over the rest were
_________________________.

Customers:
At launch time, our customer
preferred ___________________________. Our decision was to offer them
__________________________ because _______________________________________.

Competitors:
After due research, we found out that our competitors
_____________________________, which led us to __________________________.

To sum up, we think that our best decision was
____________________________________ because ______________________.

Good luck, Jimena