Food Truck Simulation Learnings

Food Truck Simulation Learnings
Part 1. Before you begin the assessment, capture in your journal how you think the market works. What do you
think the impact is of a food truck or the cart? Why are you making specific choices (your hypothesis)
Part 2. Questions After Completing Round 1 (Monday through Thursday) Post no later than Thursday at 11:59
PM. Post before you go to Round 2. Make sure you fully complete all the weeks in the Simulation.

  • What choice did you select? Why did you select it? What were the advantages of selecting that option? What
    did you learn about that option as you went through the simulation?
    -What were your results?
    -What did you find challenging about the simulation?.
    -What will you do differently in Round 2?
    Readings:
    Textbook:
    -Chapter 7 – Business Strategy: Innovation, Entrepreneurship, & Platforms
    -Chapter 8 – Corporate Strategy Vertical Integration & Diversification
    -Implications for Strategic Leaders: pp 254 & 29-298
    Video: Fast solutions for a brighter future – rapid prototyping entrepreneurship: Tom Chi at TEDxKyoto 2013
    https://youtu.be/DkyMCCnNI3Q
    Video: Strategic Choices: Radical Innovation Strategies Video https://youtu.be/KBMZjX5TLmQ
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