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May 19, 2024
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2008-2009 Academic Catalog [Archived Catalog]
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BUS 695 - BUSINESS SIMULATIONS Credits: Three This course is an exciting and challenging business computer
simulation in which student teams manage their own simulated
companies and compete against each other (and other schools!) as
competitors in simulated marketplace. After learning about the
simulated marketplace, companies and products, the student teams
formulate their company strategy and business plans. The student
teams are then responsible for entering annual marketing,
production, human resource and financial decisions. Sales and
profitability results are reported back to the teams for in-class
analysis. An initial practice game of 4 decisions is scheduled for
the first class meeting and a set of eight decisions will be
completed by the conclusion of the course. The course also uses the
business computer simulation to explore the use of Microsoft Excel
for business modeling and analysis and introduces concepts of
process simulation.
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