GLO-BUS BUSINESS REPORT 9
lowest in Latin America. In the sixth annual decision cycle, we made a lot of mistakes that did not
support our strategy (Arthur, 2019). For example, to maintain a 4-star rating, set the price too high
by $400. Latin America has been trying to limit its operations in Latin America due to weak
demand and market share. We think we can spend more money investing in other areas. However,
We closed the store because it was possible to exceed the income demand. Demand, market share,
revenue, and other performance indicators decline Ridiculous.
In the second year, we made significant changes to ensure that the next round of decisions
is in line with our strategy. We reduced the price to $200, expanded our marketing through a one-
week promotion, and resumed our business in Latin America. By opening all pre-US stores, we
decided to sell two models to increase productivity. The combination of these decisions led to a
three-star qualification for QP in four regions, which increased demand and market share. Enough
to sell our products in some stores.
Competitive strategy in multi-featured
Our team has adopted the best cost strategy for each multifocal camera area. In the fifth
year before the simulation began, we sold the three cameras for $370. Similar to the entry-level
camera, the weekly promotion is 10%, the warranty period is 90 days, and the camera is rated 2.5
stars. North America has the highest demand and market share, with Latin America having the
lowest application and market share. In the sixth year, we deviated from our strategy and set the
price at $850 to maintain a four-star rating. By doing this and pulling out Latin America, our
market share, demand, income, and all other performance indicators have declined. The seventh
year is a time when we have dramatically improved our multifunction camera strategy. We lowered
our price to $632, reinstated our business in Latin America, and added a second week of
promotions to introduce us to consumers in all regions. We decided to sell both models to increase