MARK XXXXXXXXXXSIMULATION REPORTPlease answer the following five questions taking between half and one full page for each. You final assignment should be no longer than 5 pages (12 point Times New...

MARK 3336 - SIMULATION REPORTPlease answer the following five questions taking between half and one full page for each. You final assignment should be no longer than 5 pages (12 point Times New Roman Font) What was your overall strategy? Briefly describe the overall strategy over the course of the simulation. What hiring strategy did you use? Explain the criteria you used to select your salespeople. Discuss how you managed salary, commission, location, and training for the different quarters. Discuss the impact of your hiring and training strategy on your team’s performance. If you could repeat the exercise, would you have done something differently? What pricing strategy did you use? Discuss how you priced both products across the different quarters. Did you use any of the pricing strategies discussed in class? Ex: market skimming, market penetration pricing. Discuss the impact of your pricing strategy on your team’s performance. If you could repeat the exercise, would you have done something differently? Did you buy market research? Which reports, when, and why? Explain the reasons that lead you to buy market research. Discuss the impact of that market research on your team’s decision making. If you could repeat the exercise, would you have done something differently? How did you manage inventory? Explain the criteria you used to decide the number of units you produced each quarter. How well did you forecast production needs? Discuss the impact of how you managed inventory on your team’s performance. If you could repeat the exercise, would you have done something differently