Journal: decision log for year 12
We chose to make the decisions and changes that we did in this module’s simulations because we wanted to increase the company’s overall profitability. We believed that by making strategic investments in technology, marketing, and research & development, as well as enhancing our customer service practices and product offerings, we could improve the company’s bottom line.
Additionally, we used data-driven decision-making to identify areas where cost savings could be achieved without sacrificing quality or customer satisfaction. Finally, we implemented a comprehensive financial strategy which included expanding our credit lines and debt capacity while also building up our cash reserves for unexpected expenses.