Ultimate Game Simulation Essay

1056 Words3 Pages

Alyssa Roberts
The Ultimate Game Simulation
Introduction of the Simulation Game
Get ready to participate in an exciting hands-on activity that will allow you to gain essential knowledge on how a business operates! The activities you are about to take part in will allow you to learn important business concepts through realistic experiences. The ERP simulation game is an advanced “learning-by-doing” approach and it will also provide you the opportunity to develop your ERP skills. In this continuous-time simulation, all participants are placed in a situation in which they have to operate a firm on the SAP ERP and effectively interact with the other departments in order to make a profit. It will greatly benefit those students majoring in business and management. The skills gained through the SAP simulation game could possibly lead to future career opportunities! The simulation game is very popular and continues to be successful in business schools and for training in companies.
Interplay among Pricing, Inventory, Advertising, and Financial Statements
To begin, there are four categories to be split up among your team: pricing, inventory, advertising and financial statements. These four categories are all connected. Once you play the game and begin to learn patterns, you’ll understand that pricing is one of the most important parts of making a profit. In addition to being really important, pricing ultimately becomes a determinant in how fast or slow your inventory will go. To start, your prices should be high rather than low. If you make your prices low, the inventory will sell out almost immediately and the game will basically be over for you. It makes sense to want to sell the most inventory, but the goal is to sell your inventory ov...

... middle of paper ...

... the market, producing goods and keeping track of sales. The game is very fast-paced therefore each team member must fully understand their role and be organized in that role. If your team can continuously improve it will lead to better organization. A team’s organization can make all the difference in the end.
Conclusions
Playing the SAP simulation game is a great way to learn how to efficiently run a business. Through it a person can understand the real world concepts of interdisciplinary integration. The simulation game enables students to understand strategies and concepts that take place at real companies daily. It also enables students to solve practical problems in a realistic training environment. Effective communication, organization and collaboration of team members is all it takes to gain an understanding of the game and come up with the winning strategy!

Open Document