The Business Strategy Simulation
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The Business Strategy Game
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Author : Arthur A. Thompson
language : en
Publisher: McGraw-Hill/Irwin
Release Date : 1999
The Business Strategy Game written by Arthur A. Thompson and has been published by McGraw-Hill/Irwin this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
The Business Strategy Game is the #1 selling computer simulation in the strategic management market.Simulation games are the single best exercise available for helping students understand how the functional pieces of a business fit together and giving them an integrated, capstone experience. First and foremost, the exercise of running a simulated company over a number of decision periods helps develop students' business judgment. Simulation games provide a live case situation where events unfold and circumstances change as the game progresses; students become personally involved in the subject matter. The Business Strategy Game is very typical in this respect. Students learn about risk-taking by plotting their competitive strategies each decision period. They respond to changing market conditions, react to the moves of competitors, and choose among alternative courses of action. They get valuable practice in reading the signs of industry change, spotting market opportunities, evaluating threats to their company's competitive position, weighing the trade-offs between profits now and profits later, and assessing the long-term consequences of short-term decisions. They chart a long-term direction, set strategic and financial objectives, and try out different strategies in pursuit of competitive advantage. They become active strategic thinkers, planners, analysts, and decision-makers. And by having to live with the decisions they make, they experience what it means to be accountable for decisions and responsible for achieving satisfactory results. All this serves to drill students in responsible decision-making and improve their business acumen and managerial judgment.In addition, students learn an enormous amount from working with the numbers, exploring options, and trying to unite production, marketing, finance, and human resource decisions into a coherent strategy. They begin to see ways to apply knowledge from prior courses and figure out what really makes a business tick. The effect is to help students integrate a lot of material, look at decisions from the standpoint of the company as a whole, and see the importance of thinking strategically about a company's competitive position and future prospects. Since a simulation game is, by its very nature, a hands-on exercise, the lessons learned are forcefully planted in students' minds-the impact is far more lasting than what is remembered from lectures. Third, students' entrepreneurial instincts blossom as they get caught up in the competitive spirit of the game. The resulting entertainment value helps maintain an unusually high level of student motivation and emotional involvement in the course throughout the term.New features of version 6.0 include programming changes to improve functionality, an enhanced stock option in the executive compensation model, and a conversion to Eurodollars. Version 6.0 is not compatible with any earlier version of the Game.
The Business Strategy Simulation
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Author : Mehdi Hojjat
language : en
Publisher:
Release Date : 2001-01-01
The Business Strategy Simulation written by Mehdi Hojjat and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-01 with categories.
Stratsim
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Author : Thomas C. Kinnear
language : en
Publisher:
Release Date : 1999-08
Stratsim written by Thomas C. Kinnear and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-08 with Business & Economics categories.
Business strategy simulation which teaches the integration of all the functional areas of a business with a customer oriented perspective from product development to production to finance, tied all together. Participants compete against each other for customers in the simulated marketplace.
The Business Strategy Game
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Author : Arthur A. Thompson
language : en
Publisher:
Release Date : 1999
The Business Strategy Game written by Arthur A. Thompson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business planning categories.
Business Strategy Simulation Strategic Planning And Business Simulation Cases Revised Edition
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Author : Mehdi Hojjat
language : en
Publisher:
Release Date : 2009-01-01
Business Strategy Simulation Strategic Planning And Business Simulation Cases Revised Edition written by Mehdi Hojjat and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with categories.
Business Strategy Simulation Strategic Planning And Business Simulation Cases 2010 Edition
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Author : Mehdi Hojjat
language : en
Publisher:
Release Date : 2009
Business Strategy Simulation Strategic Planning And Business Simulation Cases 2010 Edition written by Mehdi Hojjat and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Business Strategy Game Player S Package V7 20
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Author : Arthur A. Thompson
language : en
Publisher:
Release Date : 2002-03
Business Strategy Game Player S Package V7 20 written by Arthur A. Thompson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03 with Business planning categories.
The Business Strategy Gameis the #1 selling computer simulation in the strategic management market. It is the single best exercise available for helping students understand how the functional pieces of a business fit together and for providing students with a capstone experience in decision-making. The exercise of running a simulated company in a competitive market setting helps students develop better decision-making judgment and improves their skills in evaluating market and competitive conditions and responding to changes that are occurring. The BSG helps students learn from working with the numbers, exploring options, and trying to unite production, marketing, finance, and human resource decisions into a coherent strategy.
The Business Strategy Game
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Author : Arthur A. Thompson
language : en
Publisher: McGraw-Hill/Irwin
Release Date : 1992
The Business Strategy Game written by Arthur A. Thompson and has been published by McGraw-Hill/Irwin this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
Business Simulation
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Author : Markus Baum
language : en
Publisher: GRIN Verlag
Release Date : 2012-05-24
Business Simulation written by Markus Baum and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-24 with Business & Economics categories.
Template, Example from the year 2010 in the subject Business economics - Operations Research, The University of Surrey (School of Management), language: English, abstract: Abstract Business simulation is simulation used for business training or analysis. It can be scenario-based or numeric-based. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership (WIKIPEDIA). The authors participated in a simulation. The results and mistakes are discussed in this presentation. The authors also discuss the theoretical foundations. This book contains the presentations illustrated and supplemented by explanatory texts. Content 1. Team Organisation 2. Environmental and internal strategic analysis 3. Strategic brief 4. Strategy review 5. Internal control system 6. Financial analysis 7. Conclusion Keyword Business simulation, reflection report, automotive industry, Team Organisation, Environmental and internal strategic analysis, strategic brief, strategy review, internal control system, financial analysis, conclusion, leadership, teamwork, storming, norming, forming, performing, PESTEL, Porter diamond, Porters five forces, start up, market penetration, profitability, new products, relaunch, R&D, KPI, Product portfolio and target markets, SOWT, marketing mix, 4 P, Product, Price, Promotion, Place, Plan, Results, Lessons learned, miscommunication, communication process, COSO, Internal control framework, 5 year trend, profitability analysis, efficiency analysis, investment analysis,
Bsg And Glo Bus Simulation Access Code
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Author : Arthur Thompson
language : en
Publisher: Irwin Professional Pub
Release Date : 2008-01-23
Bsg And Glo Bus Simulation Access Code written by Arthur Thompson and has been published by Irwin Professional Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-23 with Business & Economics categories.
The Business Strategy Game (BSG) is McGraw-Hill Irwin's online strategy simulation modeled around the athletic footwear industry.?Students' strategy- and decision-making skills are put to the test as they develop business plans and compete against each other for market share.?In BSG, production occurs in multiple plants, there are 12 market segments, inventory must be managed at 4 distribution centers,?and players work to develop a sales forecast based on their competitive strategy while always keeping their rivals in mind. BSG is a contemporary high-tech strategy simulation students readily identify with and understand. . .For more information visit the Web site, www.mhhe.com/thompsonsims . .GLO-BUS is McGraw-Hill/Irwin's online strategy simulation modeled around the digital camera industry.?Students' strategy- and decision-making skills are put to the test as they develop business plans and compete against each other for market share.?GLO-BUS is less complex than McGraw-Hill/Irwin's Business Strategy Game (BSG)?. In GLO-BUS, production occurs in a single plant, there are 8 market segments, there is no inventory to manage since cameras are built-to-order and shipped, and sales forecasting is simpler. There are also less decision variables, which allow instructors the flexibility to incorporate more cases into the class. GLO-BUS is a contemporary high-tech strategy simulation students readily identify with and understand. . .For more information visit the Web site, www.mhhe.com/thompsonsims.