1. What was your marketing strategy for each of the decisions entered into the simulation game in Quarter #1?
2. What were the results of your decisions?
3. Analyze the results in terms of success or failure.
4. What changes will you make in future quarters?
5. Why is the notion of derived demand so important for companies selling products and services to other organizations?
6. What is the North American Industry Classification System (NAICS) for Minnesota Micromotors, Inc. (MM) playing the role of the Marketing Manager in a marketing simulation for Minnesota Micromotors, Inc. (MM). Minnesota Micromotors, Inc. (MM), based in Minneapolis, is a manufacturer of brushless, direct current (BLDC) 1 motors used in orthopedic medical devices. Approximately 70% of the revenues of Minnesota Micromotors, Inc. were generated from customers that placed large-volume orders.
In this Assignment, you will engage in the development of the following professional competencies:
Analyze Quantitative Data
Active Listening