Course Details

The content is based on a team competition consisting of six business cycles in which teams have full decision-making power and are accountable for the results. In each cycle, teams develop and implement a business strategy for their company, which incorporates real-world dynamics, such as production capacity, customers, prices and financing.

Each cycle includes the following activities:

• Competitor and market analysis
• Setting prices in a competitive market
• Monitoring cash flow
• Preparing an Income Statement, Cash Flow Statement and Balance Sheet
• Posting, comparing and discussion of results

Teams have opportunities to improve their companies with real-world business solutions including expansion, quality initiatives and niche marketing.

Finance learning is integrated within the simulation activity include cash flow forecasting, budgets and unit cost analysis.