3 Instructor Environment - 3.5 Manage Industry

3.5 Manage Industry

The Manage Industry area affects the individual Industry within the Course.

Instructors can switch to another Industry by clicking My Courses in the left menu.

3.5.1 Process Round

Instructors can advance individual Industries to the next round by following the instructions in this area. This area will override an Auto Process time for the current round, should one have been entered (see page 11). The round will not reprocess.

3.5.2 Undo Round

There will be occasions when instructors will want to give a company a second chance - perhaps the company missed a deadline or a decision set included a typo. This area allows instructors to back up a round.

Once the correction is entered, the round can be processed again.

In Tournament mode, some corrections will change financial results for competing companies. This in turn might change their decisions for the upcoming round. It is generally wise to notify all Industry participants if changes have been made.

3.5.3 Company Status (Footrace Only)

This is a list of companies within the Footrace. For each company, the list displays the Industry ID, company name, participants' names and the number of completed rounds.

3.5.4 Company Assignments (Footrace Only)

In Footrace simulations, this area allows instructors to remove a participant from a company. When the participant next logs in, he or she can either create or join a company.

Footrace companies are created by participants as they Join or Form a Company (see 3.3.2 Footrace Team Assignment). Instructors cannot create Footrace companies.

This area also gives instructors the ability to limit enrollment to a single participant per company.

3.5.5 Manual Restart (Tournament Only)

Manual restart brings the simulation back to Round 1. If a restart has not been scheduled in the Manage Course area, click Manual Restart to begin the competition. Manual Restart will allow also you to change Team Configurations (that is, change a company from Computer to Participant, etc.).

3.5.6 Restart Industries (Footrace Only)

This area allows instructors to manually restart individual companies, manually restart all companies or schedule a restart for all companies.

3.5.7 Student Bonuses (Tournament Only)

Bonuses are a great way to motivate participants. The money is accounted on the Income Statement as a negative fee/write-off.

Issuing Bonuses removes your Industry from the Top Ten rankings.