Capsim Getting Started Assigns - WCNet
Acct 2220 Zeigler: Capsim “Foundation” Business Simulation - Spring 2015
Three Required “Getting Started” Assignments (H/W #1,2,3) - Due Tues, 3/17
Overview (approximately 3-4 hours in total):
Your group will be managing your own company, within the competitive electronic sensor industry, and competing against fellow classmates over eight-years (rounds). You will apply what we are learning in this course to management decision-making needs relating to accounting, finance, marketing, production and research/development. In addition, an individual exam, called “Comp-XM”, similar to the simulation, will be administered toward semester-end to measure your business knowledge and decision-making skills.
As such, ask questions, give your best efforts and learn as much as you can over the next eight weeks.
In order to prepare for this learning experience, students are required to complete the three “Getting Started” assignments below. Results are electronically submitted on an individual basis. No printing is required, but you may do so if desired. The goal here is to have each member “ready to go” at the start of the simulation.
A time investment now will benefit you, your team and will best prepare you for the exam later.
Three Getting Started Assignments:
From our class website, log into Capsim and click the “Foundation” link. From your “Dashboard”, choose the “Getting Started” link in the upper left-hand corner. You will see nine tabs at the top of this screen:
Tab #1: “Introductory Lesson”: First, view the 6-minute “Introductory Lesson” video for an overview of the Capsim Foundation simulation. After viewing the video, click on the (very small) “quiz” link to test your knowledge. Your first assignment (H/W#1) is to correctly answer the six quiz questions.
When done, a completion “date” for should be shown on your Dashboard (Introductory Lesson quiz).
Tab #2 & #3: Next, return to the “Getting Started” link and review both “The Guide” and the “Industry Conditions Report” (see the “Reports” link to the left). This info will always be available for online review.
H/W#2: Complete the “Rehearsal Round” by carefully following these steps:
Tab #4: Next, each student must complete at least one “Rehearsal Round" (feel free to complete up to 4 rounds).
From the “Getting Started” link on your Dashboard, select Tab #4 and click “Open the Rehearsal Tutorial”.
You will find a wide “split-screen” and will need to frequently navigate by using the bottom of the screen to move to the left and to the right OR use “Collapse & Expand”. Under the “Let’s Get Down to Business” section, click on the first “tactic” and follow the step-by-step WRITTEN instructions for each tactic (the “Video Instructions” move very fast and are NOT recommended). Your Rehearsal Round “workbook” (for your input) will be on the right side. For each tactic, review the “instructions”, “observe” and “tactical discussion” links shown (on the left-hand side). Review/Follow all instructions and continue to the next tactic when ready.
2. After all six tactics are done, take the quiz. You must correctly answer all questions (repeat as needed).
3. Next, “Process” the round after you have completed all six tactics (see blue link at top right).
4. Review the results of your decisions in the Foundation FastTrack Industry newsletter to see what occurred.
Note: Recommended, but optional: Replay Rehearsal Round 1, this time making whatever decisions you wish.
Note: Recommended, but optional: Advance to Rounds 2-4 for a total of four rehearsal rounds (best approach).
When done, “Completed” should be shown for the “Rehearsal Tutorial” on your Dashboard.
H/W#3: Complete the “Situation Analysis” by carefully following these steps:
1. Exit the Rehearsal Tutorial and return to the “Getting Started” link from your Dashboard.
2. Use Tab #7 to complete the five-part online “Situation Analysis”. You will need to use the “Foundation FastTrack” and “Industry Conditions” reports. Both are available via links in the middle of the page. Note that these reports are new (NOT the “Rehearsal Round” reports you just finished working with in H/W#2).
3. You will need a calculator to perform some calculations. Enter your answers in the boxes provided.
Feel free to print and use the written Situation Analysis version, but the online version is required for credit.
When done, a completion “date” for the “Situation Analysis” should be shown on your Dashboard.
Last, review the remaining tabs and start to think about which “strategy” you may want to employ (Tab #8).
Note: All above homework assignments are required and are electronically captured/reported by date/time.
See me, our GA support team or call the Capsim toll-free helpline at 877.477.8787 with any questions.
Note: Complete all of the above, but do not enter or make any “Practice Round” decisions for your respective team. We will start this process together during our first lab on Tuesday, March 17th.
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