Besides the revolutionary capability to tailor-made your own games, Abizgame also provides subscribers several ready-to-go basic business simulation games. The games are listed below with their corresponding learning outcomes.
Derived from Game Theory, simultaneous games are games where both players move simultaneously, or if they do not move simultaneously, the later players are unaware of the earlier players actions.
Teacher may decide the number of options for the students to choose from, and assign different outcomes for the combinations of simultaneous chooses the students made.
1. Understand the basics of game theory.
2. Understand the problem of price collusion.
It is an online two-party negotiation with multiple issues to be discussed.
Teacher may decide the number of issues and the options for each issue, and assign score for each of the available options.
1. Simulate the potential of win-win (or integrative) agreements.
2. Identify the preferences of the opposite negotiation partner.
This is an advanced setting for the negotiation game. On top of the features available in the two-party negotiation BLOCK, teacher may set the vote-weighting needed for a proposal to pass, and also assign veto power to certain game role(s).
1. Fuller understanding of distributive and integrative negotiations.
2. Explore coalition formation of persons with different interests.
Experimental setting of the complex procurement process. Teacher may set different characteristics for the “suppliers”, and assign different scores for the performance of them in each of the relevant characteristics. .
Another section of this BLOCK is on placing order and stock handling based on demand schedule. We may separate this section into an independent BLOCK in later stage.
1. Experience the process in selecting and monitoring criteria of different available options.
2. Handling supply disruption.
This BLOCK models production management, particularly focuses on scheduling.
Teacher may decide the workflow of production, and the time and resources needed for each production process. Teacher may also assign surprised events to happen during game play.
1. Understand the important of production scheduling.
2. Understand various production planning approaches and their effects.
Based on the past company’s financial performance, a group of students will be asked to forecast the next year sales, and make corresponding decisions on developing new products, short-term and long-term financing options.
1. Analyze the current financial performance of a firm
2. Evaluate the investment and financing choices open to the firm.
3. Forecast the future consequences of current decisions.
4. Decide which alternatives to undertake.
5. React to market changes and revise the decisions in maintaining the financial performance of the firm.
Students may participate in the role of different retailers and compete with one another by selling similar products to the customers. They are required to make a series of decisions over a fixed period of time. Their decisions include price of products, choices of suppliers, location of manufacturing plant and choice of distributors/retailers. Their decisions also need to take into consideration of the market changes
1. Analyse changes in business environment;
2. Evaluate and implement successful firm strategy; and
3. Be aware of the risk associated with the chosen firm strategy.