First! in video game for MBA capstone course

[RSaylors]

http://www.glo-bus.com/stats/top20.html?id=750

My company is Dominion, we are in first place, tied with others, on a video game we have to play for a grade in my cap-stone MBA course.

 

[Newbian]

And we care...?

 

[Ika]

should've named your company brool story co.

 

[Bill Brasky]

should've named your company brool story co.

lol

 

[Malak]

I'm confused. Your company isn't even on any other top lists but somehow gets top overall?

 

[RSaylors]

I'm confused. Your company isn't even on any other top lists but somehow gets top overall?

Yep; Scoring is based on balancing things; many people have chosen to maximize one thing over another (like short term profit over long-term market share) but the game balances investor expectations on a number of criteria.

 

[Soundmanred]

A seven way tie for first and #25 is only one point less? Sounds like one of those "everybody wins" games.

 

[RSaylors]

A seven way tie for first and #25 is only one point less? Sounds like one of those "everybody wins" games.

This is among everyone across the world playing right now in their strategic management course. The other groups in my class have an 82 62 and 52.

 

[Soundmanred]

I missed that it was just a video game.
Wow.

 

[lothar]

Yep; Scoring is based on balancing things; many people have chosen to maximize one thing over another (like short term profit over long-term market share) but the game balances investor expectations on a number of criteria.

In the real world, market share is irrelevant. What matters is profit.
"market share" doesn't bring cash flows for investors.

 

[QueBert]

"So Dale what have you been up to?" Nancy Huff
"Managing a Baseball team" Dale Doback
"Little League?" Nancy
"No Fantasy League" Dale

 

[silverpig]

This looks like it's just first round. It's easy to be in first, but if you mess things up, you can tank pretty quickly after.

I did capstone last year. I can tell you exactly what you need in order to win. You seem to have it down, but one of the hints you need is to increase your accounts receivable time to the max, decrease your accounts payable time to the min, and use a short term loan to cover the difference.

 

[sactoking]

Ha, OP is proud of the global ranking of the one category that's irrelevant: Overall Score. The global ranking for other scores (earnings per share, return on equity, etc) are based off of absolute numbers. Overall Score is a relative number where your performance is scored relative to the other teams in your class. A perfect score of 110.0 means that you are meeting your targets (but not necessarily exceeding them) and that your classmates are not. Half of the score is calculated based on the fact that the classmates suck.

 

[RSaylors]

Ha, OP is proud of the global ranking of the one category that's irrelevant: Overall Score. The global ranking for other scores (earnings per share, return on equity, etc) are based off of absolute numbers. Overall Score is a relative number where your performance is scored relative to the other teams in your class. A perfect score of 110.0 means that you are meeting your targets (but not necessarily exceeding them) and that your classmates are not. Half of the score is calculated based on the fact that the classmates suck.

In the real world, market share is irrelevant. What matters is profit.
"market share" doesn't bring cash flows for investors.

Market share matters when you have to take the market away from your class so that you can score the most points. Part of my job has been disinformation and information-procurement: this is so that I can protect my market share from the rest of the class by responding to their moves.

And full points are only credited for hitting 40% over investor expectations in each category and having the highest score in each category: which I did.

It's easy to be in first, but if you mess things up, you can tank pretty quickly after.

actually i was not doing best in the class year one: someone thought that selling shares so they could do some marketing was 4tw, it turns out that back shares is.

 

[Babbles]

Your cap-stone project is playing a game?

Our MBA cap-stone project involves working with an actual company to try to develop a strategy to save them from financial ruin.

 

[silverpig]

Your cap-stone project is playing a game?

Our MBA cap-stone project involves working with an actual company to try to develop a strategy to save them from financial ruin.

There's two parts. There's CAPSIM which we did at the very start of the year which is the game. Then there's CAPSTONE which is what you said. CAPSIM is part of CAPSTONE or something like that.

 

[lothar]

Market share matters when you have to take the market away from your class so that you can score the most points. Part of my job has been disinformation and information-procurement: this is so that I can protect my market share from the rest of the class by responding to their moves.

And full points are only credited for hitting 40% over investor expectations in each category and having the highest score in each category: which I did.

Another reason why this game is pointless.

 

[sactoking]

Market share matters when you have to take the market away from your class so that you can score the most points. Part of my job has been disinformation and information-procurement: this is so that I can protect my market share from the rest of the class by responding to their moves.

And full points are only credited for hitting 40% over investor expectations in each category and having the highest score in each category: which I did.

actually i was not doing best in the class year one: someone thought that selling shares so they could do some marketing was 4tw, it turns out that back shares is.

Oh, I know how it works. I had to do it in my 2nd to last semester. Won the class and had several global rankings ($40+ EPS, $500+ stock price, etc). Game is a POS, really easy to stepwise regress the demand functions. Also, the bank/borrowing feature is broken and can be exploited.

 

[RagingBITCH]

Wow. Once I ran with scissors without tripping and stabbing myself with them.

 

[Blackjack200]

I had an undergraduate business course where we had a business sim called "Mike's Bikes"

There were 3 market segments (Mountain, Road, and Recreational) and you basically decided how much to spend on design (the more you spent on design, the less they cost to make) how to price them, and how much to pay distributors to carry them.

One team started killing the rest of the class and completely took over the mountain and recreational segments (the two largest). Our team turned it around by throwing a rediculous amount of money at designing a road bike (a segment no one had had really focused on) and setting the price low. Within 2 cycles we completely dominated that segment and used that as a foothold to push into the other segments. We never did quite catch up to the other team as we competed mainly on price, so our margins were lousy.

I was skeptical at first, but in the end I thought it was pretty fun, and it did make some of the concepts we covered in class more tangible.