1 Welcome to Capsim® - 1.1 Editions
1.1 Editions
The simulations are based in the electronic sensor industry, where each year customers demand smaller sensors with faster performance.
Sample business plans for Capstone and Foundation quickly introduce the range of strategic possibilities.
1.1.1 Foundation Business Simulation
Foundation is appropriate for first or second year college and high school business courses. It can also be used in MBA courses where time is limited.
Participants run a $40 million company for up to eight years.
Foundation companies operate in two market segments:
- Low Tech
- High Tech
Participants begin the simulation with one product, and can develop a portfolio of up to five products. Optional Human Resource and TQM (Total Quality Management)/Sustainability modules are also available.
1.1.2 Capstone Business Simulation
Capstone is appropriate for third or fourth year college business and MBA courses.
Participants run a $100 million companies for up to eight years.
Capstone companies operate in five market segments:
- Traditional
- Low End
- High End
- Performance
- Size
Participants begin the simulation with five products and can develop a portfolio of up to eight products. Optional Advanced Marketing, Labor Negotiation, Human Resource and TQM (Total Quality Management)/Sustainability modules are also available.
1.1.3 Implementation
Generally, simulations begin with participants registering on the website. Next, they review the Getting Started area and the Rehearsal Tutorial, which is an individual exercise that demonstrates the decision making process.
Later, once teams are formed, participants use the Capstone or Foundation Web Application to play practice rounds. In Tournament mode, participants compete against other participants. In Footrace mode, participants compete against a common set of computer run companies (see 2.3.2 Tournament or Footrace?).
At the conclusion of the Practice Rounds, the simulation is reset and the Competition Rounds begin.
6.1 Sample Nine Week Schedule and 6.2 Sample Fourteen Week Schedule illustrate two ways the simulations can be added to a course timeframe.