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Integrated Business Management simulationTarget courses: The Integrated Business Management simulation is designed for the integrative business courses. It provides the participant with a profound understanding of the entire business enterprise. Content: The decision content includes marketing, product development, sales force management, financial analysis, accounting, manufacturing and quality management. Time frame: The game can be set from 8 to 12 decision rounds, with each round taking three to three and a half hours to complete.
More details: As the executive team, the students are provided with the seed capital (investment money) to start up their business. They can use this money to build a factory, open sales offices, and design brands. They will invest 1,000,000 in each of the first four quarters. An additional 5,000,000 will become available in quarter 5 from venture capitalists, for a total of 9,000,000. The executive team has the next 2 to 3 years (8 to 12 quarters or decision periods) to get the company off the ground. Within this time frame, they should become a self-sufficient firm, earning substantial profits from their operations. The web based exercise challenges students to make tough decisions in Accounting, Finance, Advanced Marketing, Advanced Manufacturing, Quality Control, Business Partner Negotiations and Profitability Analysis. The market in the game is competitive and fast-paced, the customers are demanding and the competition is working hard to increase their market share. Students play against peers. The grading is based on the balanced scorecard that measures profitability, customer satisfaction, market share in the targeted market segments, asset management, manufacturing productivity, preparedness for the future and wealth.
Sample instructor materials:
Note: Full set of instructor materials is available for registered Instructors.
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