Preview

Online Gbg Teaching Tips

Powerful Essays
Open Document
Open Document
14629 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Online Gbg Teaching Tips
Teaching Tips
The environment created by The Global Business Game will give you many opportunities to realize pointed lessons when a management team asks you for advice. A number of Teaching Tips have been placed within Help based on decision areas that have subtle yet meaningful conundrums. These Teaching Tips might also be the basis for your presenting decision set mini-lectures later on in the gaming experience.
The following cites the topic section where Teaching Tips exist along with a short description of each tip's content or approach.
Automatons-Illustrates how to conduct a cost/benefit analysis of substituting capital with labor by country, and choosing between Auto1s versus Auto2s given quantitative and qualitative effects.
Company Sales-Indicates how to calculate a country unit's true sales potential for the quarter.
Company-Owned Wholesalers-Addresses the quantitative and qualitative factors associated with replacing I-Wholesalers with C-Wholesalers.
Decision Set-Encourages players to optimize various totally quantifiable decision areas rather than relying on the interface's sub-optimal WARNING acceptances.
Home Electronics King-Indicates the rewards and risks associated with a bold strategic move with great promise but also many contingent unknowns.
Line Supervisors-Forces players to realize the human overhead costs associated with using the labor pool found in low labor-cost countries.
Logistics-Indicates the shipping costs associated with each television set given a factory's location. Provides a clue as to which elements of the logistics process, inbound costs vs. outbound costs, are of greater impact on the producing unit's total costs as well as the degree to which logistical matters should influence a factory investment decision.
Plant and Equipment-Examines all costs and benefits associated with plant automation efforts by country unit.
Plant Configuration/Production-Examines the reasons why a factory's actual output can be less than

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Unit 29 Task 2 guidance

    • 372 Words
    • 2 Pages

    The means of moving goods through distribution channels and the logistics function should be explored in relation to retailers’ demand for goods, with specific reference to storage locations and methods of transportation.…

    • 372 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    MKT 421, Week 4, DQ 1:

    • 260 Words
    • 1 Page

    Logistics is defined as "the transporting, storing, and handling of goods in ways that match target customers’ needs with a firm’s marketing mix—both within individual firms and along a channel of distribution (Perreault 2009)." Logistics defines the manner in which a product travels along the channel of distribution. Both of these elements are closely related.…

    • 260 Words
    • 1 Page
    Good Essays
  • Good Essays

    Critical thinking and decision-making are extremely important when it comes to running a company. Mangers need to make sure that their company is always running smoothly in order to maintain a competitive edge. Decision making is very important to the company's advancement and development. In the simulation of Credenhill Industries we were able to use decision-making tools to try and solve the problems their retail electronic store in the North Dallas was having. In the simulation we applied decision-making tools and techniques to help us identify which were the real problems and find the proper solutions.…

    • 832 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Organizational Review of Plant Automation Group It is intended that this organizational review, will provide the Districts with a better understanding of the changing process computer hardware and software support needs. Also to review the department location for the Plant Automation Group (Group), and develop recommendations on the proposed reporting relationships. ¨ Review the background information. ¨ Identify the primary and secondary functions of the Plant Automation Group ¨ Review possible location of the Plant Automation Group.…

    • 1682 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    SP15 SCM 305 Syllabus

    • 1247 Words
    • 7 Pages

    This course is an introduction to decision making encountered in business and everyday life. The course covers selected tools in probability, statistics, economics, operations research, and operations management. We will apply these tools and principles to problems in financial management, marketing, operations, supply chain management, and quality management. We will also look at risk management in decision making and ethics in decision making.…

    • 1247 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Proc 5850 Logistics

    • 2158 Words
    • 9 Pages

    Due to increasing competition in the world, the company has to advance its logistics system. To meet the ever increasing demands of the customers, the company is planning to form a single regional warehouse that will be in charge of the customer orders. Logistics is responsible for the movement of people and materials in the organization. Logistics department of the company decides as to how and when, the raw materials or other finished or semi-finished products should be moved and stored.…

    • 2158 Words
    • 9 Pages
    Good Essays
  • Best Essays

    escalation of commitment

    • 2084 Words
    • 9 Pages

    Drummond H., (2012). Guide to Decision Making Getting it more right than wrong. london: Profile Books Ltd. p135.…

    • 2084 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Outbound logistics – Carry the product from the point of manufacture to the buyer. At this stage, value can added through quick and timely delivery, low damage rates and the…

    • 719 Words
    • 3 Pages
    Good Essays
  • Best Essays

    MSc Clinical Leadership

    • 5046 Words
    • 16 Pages

    McNamara, C. (2008) Basic Guidelines to Problem Solving and Decision-Making. [online]. Available at: http://managementhelp.org/prsn_prd/prb_bsc.htm [Accessed 7 January 2008].…

    • 5046 Words
    • 16 Pages
    Best Essays
  • Good Essays

    System Analysis & Design

    • 1282 Words
    • 6 Pages

    Cost of Labour - A smaller workforce, which requires a certain degree of expertise, is needed to operate the automated system as opposed to manual labour.…

    • 1282 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The Business Strategy Game was something new to me. I have never used a similar product and was surprised by the amount of information that was necessary to fully function in the game. Having four co-managers was challenging at times, but at other times made the decision processes easier. Reflecting on the different pieces of this games will show what I learned, what strategies were successful and why, my discovery on working with other members, how my team organized meetings and the workload, response to agreements and disagreements in strategy, and lessons I can take with me to my professional role.…

    • 930 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Cohen provides three different spectrums of family change in the text. The idea of change comes in many varieties and is often closely associated with a groups political viewpoint. The spectrum ranges from those who are staunchly opposed to change in any form, to the group that believes that change is imperative and must occur at all costs. The poll conducted by the Pew Research Center in 2010, indicate a relatively even distribution.…

    • 1219 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Psychological Traps

    • 1483 Words
    • 5 Pages

    The purpose of this article synthesis and summary is to highlight six traps managers are susceptible to when making decisions. (Duening & Ivancevich, 2006) A decision can be defined as a conscious choice among alternatives followed by action to implement the choice. Effective decision making combines the use of knowledge, experience, creative thinking, and risk taking to move an organization forward. Managers typically find themselves making decisions every day. The choices we make can have a wide variety of outcomes. Good decisions can take individuals, teams and even companies to the next level of greatness; however a bad decision of course will do the exact opposite destroying in some cases careers and business sometimes irreparably.…

    • 1483 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    But the feedback was negative, Fivestar considered my idea unrealistic in the light of current market conditions-for protecting their cash flow,the home appliance giants will not allow their supplier to sell outdated inventory in overlapped city-market.Means,my overall plan conflicted the“ecosystem”of home appliance market.…

    • 291 Words
    • 1 Page
    Good Essays
  • Powerful Essays

    -Internal flow of goods to travel smoothly from supplier to customer at lowest possible cost…

    • 21353 Words
    • 86 Pages
    Powerful Essays

Related Topics