#VIRTUAL BUSINESS HOTEL MOGUL CHEATS HOW TO#
So when looking for advice on how to win business simulation games, the first one you should give them is to take the time to learn the effects of marketing, R&D, logistics and finance on one another and leave thinking in silos behind. Whether your students are running a real venture or a simulated one, they need to understand how different functional areas of the company work together in order to make sound decisions about the business as a whole. Against this, just like in the real business world, the only strategy teams can have is being prepared for the unexpected and being ready to pivot if necessary.īut since business management games aim to teach participants how to successfully run a company, it is important to point out that albeit there are no definite strategies to guarantee winning the business game, there are a number of basic tenets any good managers should follow when doing business: They may follow a bold investment heavy strategy or try to undercut others by setting their prices lower than the market average. This creates a very powerful element of chance, as there is no way for students to predict how their fellow competitors will behave.
The reason behind this is simple: most business simulations (Cesim's included) are designed to be played by real players against real players and not against computers or artificial intelligence. While this may be a bit disappointing for participants looking for an easy way to cheat the system, most students and you will delight in the fact that their success will be based on merit and experimentation instead of the exploitation of a glitch. Thousands of students playing business simulations have been asking a seemingly simple question from you, their teacher, and peers alike: how do I win the business strategy game? What are some surefire ways to beat the simulation? What are the best strategies?Īnd here is the much awaited answer: there are none.
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