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Capsim simulation or business games begin with the Capsim Practice Round 1. TYpically, Round 1 represents the current industry report; so it is much of the prevailing industry conditions. Usually, in Practice round 1, you don’t have much to do since it is considerably the round zero of the capsim simulations. However, if you don’t understand the industry report, it can be challenging to complete your Capsim Round 1 assignment. That’s where we come in – to offer you all the help you need with your Capsim round 1 assignment. We take all the pressure off you so you can focus on other things and tasks.
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I started using the Capsim Foundation Challenge in my classes because it is one of the most popular business simulations in the world, with more than 900 universities participating. It is a key activity of Strategic Management (BPS 4305), the course in which you get to run a company. You get to practice making executive decisions regarding accounting, finance, research, design, and more. Many activities mimic real-life situations and revolve around designing products, pricing them, and finding the perfect marketing strategy to sell them.
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Expert tip: My go-to advice is to evaluate the competition and match their spending, allot no more than $1,000 per round. How to increase the stock price? To keep your business profitable, you want high contribution margins. If you are sitting on cash, try to pay dividends to the shareholders. But make sure you only pay dividends after you have had earnings; dividends have to be less than the earnings-per-share.