$1.$ a$)$ Develop an appropriate mission statement and vision statement for your Capsim company. b$)$ Explain three reasons why it is important for companies to have a mission statement. $(25\%)$

$2.$ Conduct a SWOT Analysis of your Capsim company. There should be four strength and two each for weaknesses, opportunities and threats $(25\%)$

$4.$ Based on your Capsim company$$s goals and performance to date, what are three strategies to be implemented a$)$ To increase market share b$)$ To improve net income c$)$ To increase sales and d$)$ To decrease variable costs $(25\%)$

$5.$ At the end of each round, comprehensive reports are provided on your Capsim company$$s performance. What are the decisions you made regarding any four of these: $(20\%)$

a$.$ Operational Efficiency $($Focus of years $1$ thru $5)$

b$.$ Total Quality Management $($Focused on Raw Materials, Labor & R&D Cycle Time$)$

c$.$ Human Resources $($Best People, Best Training Strategy$)$

d$.$ Production, Promotion & Sales Distribution $($Right$-$sizing$)$

e$.$ Research and Development $($Best Quality Products in Each Segment$)$

f$.$ Marketing $($Premium Pricing in Each Segment$)$

g$.$ Finance $($Aggressive Debt Reduction and Stock Repurchases$)$