Business Simulation - 899 Words

What have you learned Business simulation is simulation used for business training or analysis. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership. The business gaming community seems lately to have adopted the term business simulation game instead of just gaming or just simulation. The word simulation is sometimes considered too mechanistic for educational purposes. Simulation also refers to activities where an optimum for some problem is searched for, while this is not usually the aim of an educational game. On the other hand, the word game can imply time wasting, not taking things†¦show more content†¦Indeed, the fact of group work teaches us how our manager. Being in group means listening to each other, be agreements on our choices, everyone agrees ... that we serve in our future work and even in everyday life. We made different quarter always together so that everyone knows exactly where we were. We realized our mistakes because we were too focused on our numbers and our desire to improve that we have forgotten our competitors. In addition, we realized that none of us was very comfortable on the numbers. We therefo re measure the importance of having a financial management team, as it is almost essential. With this simulation, we learned that each area has its importance. Marketing with advertising, where to invest, newspapers, television ... the finance part, choose the number of sellers, which segment choose to discount or not to invest ... We noted early in a notebook what we were doing and the results. A logbook is essential if we want to understand our actions and what they entail. Every week we made a record. Through the summary of the previous quarter we could find what we did right and the mistakes that we had not thought of or even omissions. This simulation was conducted throughout the semester which was handy for putting into practice the theories of our courses: marketing strategy, supply chain... This allowed us to better understand our materials and at the same time to experiment. Sometimes things like advertising forShow MoreRelatedA Study On Advancing Entrepreneurial Skills And Abilities Through The Use Of Simulation Games On Secondary Shool Business Education1206 Words   |  5 Pages KEABETSWE PHUTHEGO 200903371 ELB 504 GUIDED STUDY IN BUSINESS EDUCATION TOPIC: ADVANCING ENTREPRENEURIAL SKILLS AND ABILITIES THROUGH THE USE OF SIMULATION GAMES IN SECONDARY SHOOL BUSINESS EDUCATION DUE DATE: 8 APRIL 2016 INTRODUCTION What can we as teachers do to influence our learners to become entrepreneurs? The government of Botswana has been over the years working tirelessly in trying to curb unemployment more especially among the youth, as well as motivating them to venture intoRead MoreBusiness Simulation And Data And Information Retrieval932 Words   |  4 Pageshelped give me an idea of how data is important and vital to businesses. During my course I have completed modules such as operational research, business simulation and data and information retrieval. These modules have given a great understanding of the importance of data within business and has inspired me to pursue a postgraduate degree in Business Intelligence. One programming language that I have studied is SQL. It was interesting to learn about SQL and how it works. I learnt how to retrieveRead MoreEssay about Business Regulation Simulation1142 Words   |  5 PagesIntroduction There is a complex legal issue that has the attention of senior management at the Alumina Company. How that issue is handled will affect the way the company does business and its standing in the community. The purpose of the next few paragraphs will be to describe the company and its stakeholders, determine the values of the company, set the current situation, analyze the risk factors in possible solutions and present a best solution for Alumina to follow. The company/stakeholders/values Read MoreBusiness Simulation892 Words   |  4 PagesWhat have you learned Business simulation  is  simulation  used for  business  training or analysis. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership. The business gaming community seems lately to have adopted the term  business simulation game  instead of just  gaming  or just  simulation. The word  simulation  is sometimes considered too mechanistic forRead MoreThe Management Involved With Everest Simulation Created By Harvard Business School1206 Words   |  5 Pagesreaching its summit. This analytic essay is an analysis of the management involved with the Everest Simulation created by Harvard Business School. During this 3hour simulation I was the team doctor and achieved all ten of the possible ten points available, therefore 100% of goals were achieved. This score is related to the goals I accomplish as an individual and as a team. I enjoyed the simulation and expanded upon my knowledge as it taught a profound understanding of team dynamics, the capabilityRead MoreSEC 575 Week 6 Assignment Business Ethics Simulation Essay725 Words   |  3 Pagesï » ¿ WEEK 6 Business Ethics Simulation 1. What should CEO Werner say to the Division Chiefs? Is the decision ethical? Why or why not? I think from looking at and seeing the three choices, I would tell the Division Chiefs that: With what is going on a lot of companies are doing business with China right now. How do you be different and get around the problem? I dont think that this decision that was given is ethical because it is the senior officers of the company that are making the ethicalRead MoreBusiness Simulation Game2071 Words   |  9 PagesCompetition and Strategy Business Game 15th April 2014 The aim of the Competition and Strategy course is to provide students with deep knowledge on strategic decision-making in a business environment and the strategic principles behind it. Within this course my team members Kristijan, Yaniv, George and me (Team KUGY) had the opportunity to apply our academic and theoretical understanding and knowledge in an online business simulation game, wherein we created our own car business and competed on theRead MoreBusiness Simulation Scenario3777 Words   |  15 Pages Executive Summary Because Tim is without a business degree, he is not well-equipped to operate a business properly. Research online and in other places has provided him with a good deal of knowledge, but it has not given him enough of an advantage to compete with his degreed counterparts. Since that is the case, Tim needs two things: a business degree (or at least all of the information he would learn in acquiring said degree), and someone who already knows the needed information to partner withRead MoreEvaluation Of The Business Game Simulation1598 Words   |  7 Pagesoutline the evaluation of the business game simulation SimVenture, which aims to offer a simulated experience of how organisations work enabling skills and knowledge It also reflects the use of relevant entrepreneurial theories into practice while making decisions in the business and clearly stating the financial achievements at the end of it.. The report evaluates team performance and decision-making within the perspectiv e of results achieved in the simulation at the end of three virtualRead MoreReflection On Business Simulation Course Essay1084 Words   |  5 PagesReflection on Business Simulation Course During the business simulation course, we organised a team to become an automotive start-up company and introduced four new products, vehicle models, to satisfy the investors who invested us  £500M. Each 4 rounds, we had entered board room to report our initial result and upcoming plans. The main purpose of this reflection is bring back some of misbehaviour or wrong decision through the course, therefore, I could understand how each factors impact on the

The Winter Of Cold Winter Air Over Your Face - 1285 Words

Sundown Frozen toes and red ears. Pink windburned cheeks and chapped lips. Can you feel it? The rush of cold winter air over your face. Can you picture it? A winter wonderland with slopes, lifts, and free people. Spotlights shining down on you and illuminating the glistening snow. Sundown, a place people go for thrills and fun during the winter. Not everyone departs with a good memory in mind. If you’re not careful you might leave with something unexpected. Sundown is a place not too far from here. About 45 minutes from here to be precise. It’s a cold place with warm buildings and greasy food. Not a place for everyone. But a place for someone like me. As you arrive, from a mile down the road you can see the snow twinkling in the light. You can feel the energy as soon as you enter the parking lot. It’s exhilarating. The feeling of being in control, but sometimes not. You feel like you can go wherever that board can take you. This way and that. But never up, always down. Today was the day. I waited anxiously for the bell to ring. It was a nice winter day. The air was the perfect temperature to be riding down the closest thing to a mountain in Iowa, not too cold but not too warm. In the next hour and a half I’d be making my way down a nice, powdery hill. â€Å"Are you ready to go?† Simon asked as I hopped in the back of the red trailblazer. â€Å"More ready than I’ll ever be,† I responded vapidly. Jokingly he asked, â€Å"Are you ready to hit that 360?† â€Å"Oh yeah after I land aShow MoreRelatedMoisturizing Tips for Winter Time600 Words   |  3 PagesMoisturizing Tips for Winter Time The dry, cold air during winter can cause numerous skin problems such as dry and flaking skin thus taking care of it should be on your priority list. Everyone has different skin types thus it is essential that you consult a specialist or dermatologist when it comes to choosing the right product for you. Make sure that you always read the labels before purchasing any skin care product. Here are several skin care tips that can help you in keeping your skin healthy evenRead MoreObserving a Scene Essay775 Words   |  4 Pagesthat are visible to any naked eye. The red rooftops infiltrate my window screen and reflect off my mirror. The streetlights resemble stars that are masked by Salem’s inner city light pollution. The naked maple trees in the near distance are breaching over the multifamily homes; the abundant pine trees are full of life and blooming with greens and strength. Living in Florida for almost all of my life, I never experienced nature’s diversity. When the seasons change it is like watching a slow motionRead MoreThe Meeting Of Spring And Winter921 Words   |  4 PagesGrondin Mrs. Dinsmore Honors American Literature 11 September 2014 The Meeting of Spring and Winter A Narrative Writing Based on the Chippewa Native American Story of the Spring Beauty At the end of another winter, an old man sat in his lodge which stood on the banks of a frozen river. The days were not as frigid as they had been in the last three months. His fire was dying, yet the air was not so cold. He was ancient and solitary. Age had turned his long hair a snowy white, and caused every boneRead MoreDescriptive Essay About Bamboo Bedding1016 Words   |  5 Pageson a Frosty Winter Night It’s that time of year again. The leaves are changing to brilliant reds, oranges, and yellows, painting the landscape in the beautiful glow of fall. Yet, autumn leaves also mean that winter is right around the corner. With chilly nights ahead, what type of bedding should you use to stay warm this winter? Well, if you want to stay cozy and warm this winter, try organic bamboo bedding. Below are some ways bamboo bedding helps to keep you cozy on a frosty winter night. †¢ FirstRead MoreBioclimatic Design1234 Words   |  5 Pagesof this is an always individualised ‘inhabitable wrapping’.Nature provides us with climatic conditions (variation in air temperature, incident solar radiation, wind systems, air direction, speed and humidity), which can be passively harnessed through purely architectonic devices.The essential principle of bioclimatism is that of building with the climate. A personalised study of your case gives us the beginnings of the architectonic design. Architecture and environment. Modern society separatesRead MoreBioclimatic Design1226 Words   |  5 Pagesof this is an always individualised ‘inhabitable wrapping’.Nature provides us with climatic conditions (variation in air temperature, incident solar radiation, wind systems, air direction, speed and humidity), which can be passively harnessed through purely architectonic devices.The essential principle of bioclimatism is that of building with the climate. A personalised study of your case gives us the beginnings of the architectonic design. Architecture and environment. Modern society separates usRead MoreIssues In The Australian Environment Case Study1570 Words   |  7 Pagesconditions, with temperate winters and warm, dry summers. Further north, in the South Australian outback, towns like Coober Pedy experience days that reach 40C. Adelaide, the capital, reaches an average summer high and low of 28C and 17C, while winter cools down to 16C and 8C. 15. Home to Australia’s most recognizable natural wonder, the red hot-looking Uluru (Ayer’s Rock), it’s not surprising that the Northern Territory is one of the country’s hottest spots. With an average winter low of 20C in its capitalRead MoreMy Fondest Memories Of The Hunt Essay1367 Words   |  6 Pageswas a tight squeeze. Yet, the buddy stand will always be the place of my first memories of hunting with my dad. Now on this day in the buddy stand, it was very cold, but a good kind of cold. The kind of cold in which you knew the deer would be moving. Somewhere in the timber, there lived a king of the forest. The kind of buck that makes your heart beat adrenaline. With my bow and arrow, I wanted nothing more but to bag a buck of this caliber. Yet, even more, I wanted to live to tell the story to myRead MoreJanuary, 2017. Save Your Pets, Save Yourself!By Fire Chief1148 Words   |  5 PagesJanuary, 2017 SAVE YOUR PETS, SAVE YOURSELF! By Fire Chief Gary Curmode/PIO, Copper Mountain Fire Department, CO Summit County is into our winter season fast and furious. What a great time to enjoy the winter season! To enjoy our four seasons we need to practice safety in all aspects of recreation. Today’s article is going to talk about how to save your pets, and also yourself in the winter season. Pets are part of our community. They go with us almost everywhere. When pets go outside, theyRead MoreShort Story1606 Words   |  7 Pagesfirmly. Swinging my bag over my shoulders, I watched as the other nurses and doctors walked into rooms. Checking on patients and doing their daily rounds. The sound of familiar beeping rang through the air. I strolled past the front desk into the hospital break room. I opened the doors and heard the voice of my coworker. â€Å"Hey Winter, Doctor Christian ask that you check on Eugene, Mina, and Autumn, when you get a chance.† As I sat at a table, my coworker, Luna walked over to me dropping down the

Communication Between Cultures And Its Impact On Society

Communication between cultures is heavily impacted by the perceptual sets that individuals have when they are first introduced to other. Although not always openly admitted or even consciously known, stereotypes can impact the way that people view one another. Stereotypes are not always negative in connotation, and can even help people deal with a very complex and dynamic world. However, just like the world is complex and dynamic, so are individuals within a culture. Overgeneralized stereotypes as well as blanket labels can never accurately define a person. It is necessary to look at not only cultural norms from different cultures, but learn about individuals themselves in order to effectively communicate between people of all places. Each of the intercultural misunderstandings invoked a different depending on the whether or not the cultural significance had genetic backing or not. Through learning from my history classes and prior knowledge of cultures as well as innate abilities, it is obvious that differing meanings would arise from making certain gestures. We are not born with the attached meaning behind finger gestures at birth, but instead they are learned over from societies. The many combinations of gestures that can be made with your hands along with the many meanings would most likely vary greatly across cultures that are not close in proximity. However, the misunderstandings which surprised me the most were the ones that I would believe to have some sort ofShow MoreRelatedHmong Culture : Influences On A European American Society1488 Words   |  6 PagesThe Hmong Culture: Influences in a European American Society The Hmong people do not call any one country home, but have relocated several times throughout history due to war and political oppression. An article published in the Journal of Multicultural counseling and Development finds that the Hmong primarily lived in Laos, Vietnam, and Thailand. They had a great impact in helping western forces during the Vietnam War, and wars in Laos in efforts to end Communism. The article continues and describesRead MoreThe Political Economy And Cultural Studies Theories1429 Words   |  6 PagesMass media plays an important role in the society by providing entertainment, information and acting as the government’s overseer. Several scholars have developed philosophies that help people understand how mass media fulfills its roles in the society. For example, Horkheimer and Adorno have constructed theories that explain the functions and impacts of mass media in the society across the globe (Mosco, 2008). The central theme in all mass communication m odels entails the meaning of media contentsRead MoreCulture and the Mass Media1400 Words   |  6 PagesImpact of Mass Media on Enculturation The mass media and culture go hand and hand in today s society. The American culture thrives on the Mass media and this has become American culture today. â€Å"Mass media is any medium used to transmit mass communication. Until recently mass media was clearly defined and was comprised of the eight mass media industries; books, newspapers, magazines, recordings, radio, movies, television and the Internet (Lane, 2007).† The mas media is no longer simple to defineRead MoreNonverbal Communication And The Social Norms Of Communication1627 Words   |  7 PagesWhile communication across cultures relies on speech to convey the messages of those living in the same society, usually the unspoken language has a larger role to play in delivering these messages. Similar to the country’s language being specific to the region it surfaces from, body language and facial expressions also have individual characteristics within a particular region. There are shared attributes of nonver bal communication across the world but these are commonly divided into high and lowRead MoreCultural Differences At Work Between The Usa And Russia1138 Words   |  5 Pagescross-cultural communication. Cultural differences at work between the USA and Russia Cross-cultural communication is about the manner people with different cultural background interact with each other face to face or at a distance, i. e. the process by which people exchange with information. Three broad areas of communication are written, verbal and non-verbal communication, or body language. Some communication styles include direct/indirect, formal/informal and emotional/neutral communication. DirectRead MoreImpact Of The British On Indian Business Culture1734 Words   |  7 Pagesmore importantly- to understand different cultures and hence to be successful in world of high cultural connection. Culture demonstrates shared values and attitudes. It cannot be only classified by its geographical boundaries but also by a subcultural, e.g. gender, ethnic and an organisational context and is influenced by historical, social and political issues (Cavusgil, Knight and Riesenberger, 2008). The impact of the British on the Indian business culture is reflected in the well- edu cated IndianRead MoreWhy Is Medium Is The Massage Essay1528 Words   |  7 Pagesor technology is the change of scale, rhythm or pattern it introduces into human life. Society determines the medium in which the message will be transmitted (McLuhan). Society is responsible for both the transmission and reception of messages. Technology does not determine, but rather provides another way of people expressing. The effectiveness of journalistic message depends on the nature of relations between the three aesthetic terms, defining integrity of the text: the author, the words, andRead MoreAmerican Culture And Business Culture1719 Words   |  7 PagesIntroduction This report consists of the issues on whether it can or cannot be argued that culture shapes the way business is done in a country. The country that is focused in this report is America. It also discusses on the major distinguishing features of American culture and business culture in comparison to current Australian culture. The impact that culture has on business performance is also taken into consideration and how this affects the performance of the staff members and their work.Read MoreThe Future Of Black English And Its Academic Impact On African American Children1291 Words   |  6 PagesThe Future of ‘Black English’ and its Academic Impact on African-American Children Introduction Language plays a key role in communication in any society, culture and organization. This medium of social interaction is universal and has been passed down for centuries as a legacy. Therefore, it is imperative that the purity of the language is kept within each framework of heritage. Culture also plays a very important role in the evolution of language. It is the foundation of social engagement andRead MoreCritical Evaluation Of Journal Article1647 Words   |  7 PagesCritical Evaluation of Journal Article: Peltokorpi, V. (2010) Intercultural communication in foreign subsidiaries: The influence of expatriates’ language and cultural competencies, Scandinavian Journal of Management, 26, 176-188. Introduction This paper will critically evaluate the above journal article in question and offer appropriate views and aspects that have been ignored by the author in this study. Initially, a brief summary of the article will be outlined, followed by an analysis and evaluation

Global consumerism Essay Example For Students

Global consumerism Essay Kleenex, Band-Aid and Coke all marketed their brands too well over the years. To many, every tissue is a Kleenex, and every small plastic or fabric bandage is a Band-Aid. On the other hand, people may refer to all (or perhaps only the dark) soft drinks as Cokes, but that company enjoys a high level of customer loyalty that other common brands do not. Building the Brand The opposite side of well-known brands is that consumers readily differentiate product classes between brands. Ketchup is not referred to as a generic Heinz as is the case with tissues and bandages, yet consumers make clear distinction between Heinz and other brands of ketchup. They also have their favorites and generally will not stray from the one to which they have assigned their loyalties. Coca-Cola has the worlds most recognizable brand and is available all around the world. The entire beverage industry has undergone changes in recent years that have affected Coke along with its competitors. Nearly from its inception, the mission of the Coca-Cola Company has been to make the product a universal, global one. One sees them everyday. Pictures of cars, images of gleaming coffeepots, and dancing soap bubbles. Ask any adult in their late twenties to sing a jingle from McDonalds, and the version given will more than likely include Hold the pickles, hold the lettuce, special orders dont upset us. Why after all these years has the jingle become part of the collective consciousness? Because thats the power of advertising. Advertising has been synonymous with the human experience since very early times. This has been shown to be true as excavations in Pompeii and early Rome show advertisements for property rental and goods(Wissen Erleben 2002). In America, advertising began around the early 1870s and included a new idea: mail order catalogues. These were developed in response to the location of most of the consumer base. They were very rural and families did not live near one another. This helped to solve the situation, and since then catalogue sales have been a cultural fact, and a form of advertising that has gone global. .