The paper “ Business Simulation - Performance of Sleek Motors Company” is a valuable example of a business assignment. Sleek Motors Company is a car manufacturing company that was established in 2009. It was established based on the increasing demand for vehicles in the transportation industry. It is aimed at gaining a significant market share in the European car market as well as other parts of the world. The company aimed at achieving a 30% market share in a five-year period since it was launched. In the third year of its operation, its aim was to attain $ 22,000,000 in sales.
In addition, it borrowed a short-term loan of $ 159, 000 whereby at the end of the third year since operation, half of this loan would be repayable. The company’ s strategic intents that differentiate its market offering include; operational excellence, product leadership, and customer intimacy. This business simulation involves the performance review report of the Sleek Motors Company based on its initial goals set in the business plan. It also provides recommendations for the next five years of the operations of the organization. Sales, profit, and profit marginSince the launch of the company, its sales have increased to a value of $21,010,000 in the third year of its operation.
Based on the company's goals of attaining $21,000,000 in this year, the company is doing well in regard to profitability since the increase in sales is also reflected in its net profit dollars. For the period of three years, the company has also attained a profit margin of 15% with also a rise in net profit during these years. With good net margin as well as the concurrent increase in net profits, it is also true that the majority of other parts of this business will also fall into place.
In addition, this will be reflected by an increase in return on equity and assets. It is worth also noting that the cash position of this company will even improve over time. In general, due to good work in the profitability area that Sleek Motors Company has achieved, the outcome will be the company’ s overall financial health (Anthony, Perrewe & Kacmar 1999)
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