People learn best by doing. The Capsim business simulation experience provides the leading core of interactive, online simulations to facilitate learning across a broad spectrum of participants and time frames. Instruction is more efficient and effective when interactive competition creates an emotionally charged atmosphere. This emotional involvement is essential to motivate inquiry, to retain information, and to develop strategic thinking skills. A comparison chart of the focus and flexible range of the Capsim Business Simulation Experience is below for easy reference.
The Capsim Foundation simulation experience is an engaging, immersive exploration of core business processes. Participants learn by running a business that simulates the management decision processes in a competitive environment. The Foundation simulation provides solid exposure to the essential elements in business such as the critical relationships among the key business areas of research and development, marketing, production, and finance. Two additional functional modules, Human Resources (HR) and Total Quality Management (TQM) are available with Foundation.
Capstone is the Capsim flagship business management simulation. The Capstone simulation experience is richer in scope than Foundation, yet similar in structure. Participants in a Capstone business simulation find themselves faced with more strategy-based decision making because of the introduction of more sophisticated functional areas in the form of the Advanced Marketing module and the Labor Negotiation module. Also, the addition of more products and segments results in a substantial increase in data and competitive variables. The experience emulates real-world challenges that corporate managers face in today's global marketplace.
Comp-XM, The Competency Exam, uses the same simulated business environment to test participants’ achievement of the learning goals in line with nationally recognized standards of accreditation for business schools. Participants work individually and compete against other computer-simulated companies. The decisions they make in each round generate exam questions, making each participant’s exam—and answers—unique.
Request a free 1-to-1 demonstration to learn more about how easy and effective it is to add Capsim business simulations to courses and training seminars.
For more information on how to add the Capsim business simulations to business courses or training seminars, request a 1-to-1 demonstration.
Or, contact Capsim at: 877-477-8787
(847-501-2888 for callers outside the US and Canada),
firstname.lastname@example.org for more information.
|Brief Description||Focus on the fundamentals of business and provides a basic framework for introduction to business courses. Designed to teach the essential elements of running a business, the relationships among the functional areas, and competitive analysis.||A rich, complex business simulation designed to teach strategy, as well as advanced business finance, cross-functional alignment, competitive analysis and the selection of tactics to build a successful, focused organization. Ideal for capstone course curriculum.||Comp-XM is an assessment tool used in conjunction with Foundation or Capstone. It is used to help universities meet their Assurance of Learning goals. Test questions are unique to each student and related to their round decisions.|
|Instructor Focus Flexibility||Yes||Yes||Yes|
|Corporate Training Benefits||
||Used by human resource departments in:
|Academic Instructor Benefits||
|Typical Participant Levels Applicable||
|Standard Base Simulation||
||Finance, Production, R&D, Marketing, HR & TQM/Sustainability
(4 product/market segments)
|Module options (1 or more additions to base simulation)||HR & TQM/Sustainability modules||HR, TQM, Advanced Marketing, and Labor Negotiation modules|
|Round Results||Available Immediately||Available Immediately||Available Immediately|
|Team or Individual Results||Individual or Team, depending on Footrace or Tournament setup||Individual or Team, depending on Footrace or Tournament setup||Individual|
|Completely Flexible Scheduling. Common Time-frames Used:||