business simulations - overview

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what they are Business Simulations are designed to measure a broad range of knowledge, skills and attitudes, both general business/marketing/management and industry-specific, identified by business and industry professionals as essential to success in a given occupation. event format what participants are judged on On the bottom left corner of the front page of your Business Simulation is a list of “Performance Indicators.” Performance Indicators are the only things your judges can use to evaluate you. Address each indicator point-by-point. Do not stray off topic by offering solutions that do not address the specified Performance Indicators. what tools can you have/not have? No outside materials may be brought into competition Only pen, pencil, calculator, and paper will be allowed in the preparation area. Use that paper to present your solution in an organized format. Draw charts, graphs and illustrations to provide further proof for your argument. Use the facts given, and if you need other facts - make them up and act as if they are given. If you tell your judge that your company has 60% of the market share, who are they to challenge that fact? BUSINESS SIMULATIONS PARTICIPANTS One Participants APPEAR BEFORE A JUDGE One Simulation 2nd for finalists PREPARATION TIME 30 Minutes PRESENTATION & QUESTIONING TIME 15 Minutes EXAM Career Cluster Exam 5. Hotel and Lodging 6. Restaurant and Food Service 7. Retail Management 8. Travel and Tourism competitive events 1. Accounting 2. Banking Financial Services 3. Corporate Finance 4. Fashion Merchandising and Marketing

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Page 1: Business Simulations - Overview

what they are Business Simulations are designed to measure a broad range of knowledge, skills and attitudes, both general business/marketing/management and industry-specific, identified by business and industry professionals as essential to success in a given occupation.

event format

what participants are judged on • On the bottom left corner of the front page of your Business Simulation is a list of

“Performance Indicators.” • Performance Indicators are the only things your judges can use to evaluate you. • Address each indicator point-by-point. Do not stray off topic by offering solutions that

do not address the specified Performance Indicators.

what tools can you have/not have? • No outside materials may be brought into competition • Only pen, pencil, calculator, and paper will be allowed in the preparation area. • Use that paper to present your solution in an organized format. • Draw charts, graphs and illustrations to provide further proof for your argument. • Use the facts given, and if you need other facts - make them up and act as if they are

given. If you tell your judge that your company has 60% of the market share, who are they to challenge that fact?

BUSINESS SIMULATIONS

PARTICIPANTS

One Participants

APPEAR BEFORE A JUDGE

One Simulation 2nd for finalists

PREPARATION TIME

30 Minutes

PRESENTATION &QUESTIONING TIME

15 Minutes

EXAM

Career Cluster Exam

5. Hotel and Lodging

6. Restaurant and Food Service

7. Retail Management

8. Travel and Tourism

competitive events

1. Accounting

2. Banking Financial Services

3. Corporate Finance

4. Fashion Merchandising and Marketing