Preview

Ibioz Simulation

Satisfactory Essays
Open Document
Open Document
12093 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ibioz Simulation
iBizSim: International Business Simulations

iBizSim01: BM 2 P1

User Manual

© 2005-2009 by Prof. Dr. Ashok N. Ullal, Hoelderlinstrasse 13, 72127 Kusterdingen, Germany

iBizSim: International Business Simulations

iBizSim01: BM 2 P1

Note: This document has been formatted for double-sided printing.

© 2005-2009 by Prof. Dr. Ashok N. Ullal, Hoelderlinstrasse 13, 72127 Kusterdingen, Germany

iBizSim: International Business Simulations
1 The International Business Simulation iBizSim01
1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17

iBizSim01: BM 2 P1

1
1 1 5 5 9 9 10 12 12 13 14 14 15 16 17 18 20

Structure and progression of the International Business Simulation iBizSim01 Tasks and organization of the team Company policy Analysis and evaluation of data - setting up the indices The products The markets The development of demand Conditions of payment Image Production Personnel capacity Machine capacity Timetable for purchase, production and sale of products Costs Financing Exchanging currencies Summary of the effect of influencing factors

2

Decisions
2.1 2.2 2.3 2.4 2.5 Company decisions Sales decisions Purchasing decisions Production decisions Financial decisions

21
22 23 27 28 31

3

Annexes
3.1 3.2 3.3 Capacity calculation for period 0 Calculation of manufacturing costs in period 0 Determining the change in stock value in period 0

33
34 35 36

© 2005-2009 by Prof. Dr. Ashok N. Ullal, Hoelderlinstrasse 13, 72127 Kusterdingen, Germany

iBizSim: International Business Simulations

iBizSim01: BM 2 P1

© 2005-2009 by Prof. Dr. Ashok N. Ullal, Hoelderlinstrasse 13, 72127 Kusterdingen, Germany

iBizSim: International Business Simulations PREFACE

Page I

This course is based on the International Business Simulation iBizSim01 of the series iBizSim: International Business Simulations developed by Prof. Dr. Ashok N. Ullal, Professor emeritus, School of International Business,
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Contract Creation and Management Simulation Memo
    • 724 Words
    • 3 Pages

    Contract Creation and Management Simulation Memo

    This paper is a memo stating the legal Issues and legal risks within the simulation. Suggest different strategies or factors to avoid these risks, minimize liabilities for managers, and suggest different alternative approaches to resolve the problems identified in the simulation and explaining which alternative approach would be benefit the company in this simulation.…

    • 724 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Inpatient Defense Case Study
    • 1354 Words
    • 6 Pages

    Inpatient Defense Case Study

    This section respectfully appeals the decision by Blue Shield of 12/13/2016 and Reference Number: H43381807 to deny me prior authorization for an overnight inpatient stay – a stay that was intended to de-risk any initial periprocedural complications that might follow my previously authorized outpatient surgery.…

    • 1354 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Summary: Addressing International Legal And Ethical Issues Simulation
    • 696 Words
    • 3 Pages

    Summary: Addressing International Legal And Ethical Issues Simulation

    CadMex developed a business relationship with Gentura and starting doing business in Candore as a result. Candor was not a member of the WTO or any other international entity in the beginning but showed promise. Candore was a dictatorship and so was a politically unstable country, but it did have a working government and legal system. The purpose of the simulation was to safeguard the interests and intellectual property of CadMex both at home and overseas. Through choosing certain contract clauses, I was to create the best outcome either short-term or long-term for CadMex during each scenario presented to me.…

    • 696 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    MGT 357 Study Guide
    • 822 Words
    • 4 Pages

    MGT 357 Study Guide

    International Business is an interdisciplinary course. Its topics are highly diversified in nature and scope. They cover many fields of knowledge such as geography, history, sociology, economics and management. The themes presented are designed to provide students with global perspectives.…

    • 822 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Addressing International Legal and Ethical Issues Simulation Analysis
    • 788 Words
    • 4 Pages

    Addressing International Legal and Ethical Issues Simulation Analysis

    Upon completion of the University of Phoenix simulation "Addressing International Legal and Ethical Issues," I have outlined below several concerns that must be addressed prior to entering into any legally binding business contracts with international organizations. Prior to entering into international contractual business agreements it is important to take into consideration the rules and laws of all countries that are to be bound by those agreements, as well as any multinational governing bodies such as the WTO. Among the many issues that should be considered include the political stability of the countries involved, copyright and patent protection laws, economic issues including pricing policies and taxation, employment laws and regulations, ethical and cultural diversity matters, and environmental concerns.…

    • 788 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Fins Report Government of Tropicalia
    • 3764 Words
    • 16 Pages

    Fins Report Government of Tropicalia

    During the ”Foreign Investment Negotiation Simulation” (FINS) we have met a lot of interesting and important issues a company has to concern about by acting in an international environment. As we represented the government of Tropicalia we were obviously in a somehow particular position. We had to follow the goals of a government, which can differ quite a lot from the goals of private companies: Rather than financial goals as the main issue (even though this obviously also is of certain importance), we had to deal with tasks like creating labour, technology transfer and free-trade agreements. Nevertheless we also had to consider the position of the companies and thereby we were compelled to deal with their main issues. Before starting negotiation talks with a company we had to guess what will be their strategies so that we could develop our own strategies to get the best possible outcome.…

    • 3764 Words
    • 16 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Decision Making Simulation Research Paper
    • 294 Words
    • 2 Pages

    Decision Making Simulation Research Paper

    Review the Analyzing Financial Indicators for Decision Making simulation. Prepare a formal 1,050- to 1,400-word paper describing the decisions you made in the simulation. Specifically address the following:…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Medical Terminology
    • 939 Words
    • 10 Pages

    Medical Terminology

    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25…

    • 939 Words
    • 10 Pages
    Good Essays
    Read More
  • Good Essays

    Addressing International Legal and Ethical Issues Simulation Summary Essay Example
    • 540 Words
    • 3 Pages

    Addressing International Legal and Ethical Issues Simulation Summary Essay Example

    In this paper, I will discuss many of the issues addressed in the University of Phoenix simulation "Addressing International Legal and Ethical Issues". It is important to understand how to address international legal and ethical issues in order to create strong business relationships internationally. Prior to entering into international contractual business agreements it is vital to take into consideration the rules and laws of all countries that are to be bound by those agreements, as well as any multinational governing bodies such as the WTO. Among the many issues that should be considered include the political stability of the countries involved, copyright and patent protection laws, employment laws and regulations, ethical and cultural diversity matters. Finally, I will examine the companies discussed in week one and determine different ways for them resolve domestic and international disputes.…

    • 540 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    COMM 291BV Course Outline And Schedule
    • 3026 Words
    • 23 Pages

    COMM 291BV Course Outline And Schedule

    domestic and global business circumstances and scenarios. Actual business cases and models will be used in the course…

    • 3026 Words
    • 23 Pages
    Powerful Essays
    Read More
  • Good Essays

    Addressing International Legal And Ethical Issues Simulation Analysis
    • 1064 Words
    • 5 Pages

    Addressing International Legal And Ethical Issues Simulation Analysis

    There are many regulations and guidelines that must be taken into consideration when stepping into the world of international business. “Whether acquiring assets in the U.S., forming a joint venture with an Asian company, or enforcing a contract provision with a European supplier, businesses need lawyers who have demonstrated experience and an understanding of all the factors that can make or break a business opportunity.” (White And Williams LLP, 2015). The simulation takes us through an international relationship that faces many obstacles. It analyzes “the political,…

    • 1064 Words
    • 5 Pages
    Good Essays
    Read More
  • Powerful Essays

    Midterm Guide MNGT 350
    • 4833 Words
    • 20 Pages

    Midterm Guide MNGT 350

    International business involves all commercial transactions, including sales, investments, and transportation—private and governmental—between parties of two or more countries. Global events and competition affect almost all firms—large or small. However, the international environment is more complex and diverse than a firm’s domestic environment.…

    • 4833 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Good Essays

    Business Leadership, Ethical Values and Corporate Social Responsibility
    • 906 Words
    • 4 Pages

    Business Leadership, Ethical Values and Corporate Social Responsibility

    Shenkar, O. & Luo, Y. (2007) International business. 2nd ed. Thousand Oaks, CA: Sage Publications…

    • 906 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Vocabulary Workshop Level E Unit 2 Answers
    • 2040 Words
    • 9 Pages

    Vocabulary Workshop Level E Unit 2 Answers

    1 12. 2 13. 1 14. 2 15. 1 16. 2 17. 1 18.…

    • 2040 Words
    • 9 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Diversity Training in the Workplace
    • 6942 Words
    • 28 Pages

    Diversity Training in the Workplace

    James, Marcia, L. 2001. Allied Academics International Conference. Academy for Studies in International Business Proceeding. Vol 1, Iss 2 pg. 14, Retrieved February 17, 2009 from ProQuest ABI/INFORM Global Database.…

    • 6942 Words
    • 28 Pages
    Powerful Essays
    Read More

Related Topics