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This is the instructor's manual for the "Business Strategy Game". It contains a computer disk and detailed instructions for running the game. The "Business Strategy Game" is a computer simulation for strategic management. It aims to help students understand how the functional pieces of a business fit together, by running a simulated company over a number of decision periods to develop a student's business judgement and focus on long-range planning. Students learn from working with numbers, exploring options and trying to unite production, marketing, finance and human resources decisions into a coherent strategy. New to this edition is a demand forecasting model and an inventory liquidation option. Many other features are retained from previous editions, such as the opportunity to bid for celebrity endorsements, optional executive compensation, on-screen decision support calculations and "what-iffing" capability, five-year strategic plan model and an industry scoreboard which is automatically part of the results written onto each company's disk each decision period.
This manual investigates the efficacy of computer-based simulations in teaching strategic management and long-range business planning. The authors, Arthur A. Thompson and Gregory J. Stappenbeck, provide a structured framework for instructors to facilitate a simulated business environment. By requiring students to manage functional areas like finance, marketing, and production, the text argues that participants can develop superior business judgment through iterative decision-making and quantitative analysis.
What You Will Find
Scope Limits
Instructors frequently utilize this manual as a foundational resource for implementing experiential learning in business curricula. Experts note that the simulation's focus on integrating disparate business functions provides a practical application of theoretical management concepts.
Page Count:
0
Publication Date:
1998-01-01
Publisher:
McGraw-Hill Inc.,US
ISBN-10:
0070009090
ISBN-13:
9780070009097
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