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Reflection

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I must state that I have learned numerous new learnings and concepts from the week’s activities, readings, videos, and other information, which have significantly enhanced my knowledge and provided valuable insights into my future career. In particular, the simulation played an integral role in my new learnings since it contained various valuable strategies and concepts that I previously perceived to be complex for my career progression. Hence, the simulation has provided me with a hands-on experience and approach to undertaking viable business decisions, especially when dealing with different business operations and calculations. Notably, I must note that the week’s activities have been insightful, eye-opening, informative, and educative, which has greatly boosted my confidence in tackling complex business situations and making informed decisions to transform a particular firm’s performance effectively.

On the same note, I have learned valuable concepts regarding SWOT and strategy associated with HISCO Corporation. In particular, I have learned that it is paramount for organizations such as HISCO Corporation to focus on their strengths and opportunities in developing a viable strategy, which would eventually eliminate their threats and weaknesses. Moreover, focusing on strengths and opportunities provides a firm’s management with in-depth insights into how to fully capitalize on these two concepts to elevate their business operations and cash flow status tremendously (Kautish, 2021).

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