DEAL & GEO: Progressively Integrating Gaming Simulations For Entrepreneurship And International Business

Authors

  • Precha Thavikulwat

Abstract

Both DEAL and GEO are multi-industry, multi-role, individual-scoring business gaming simulation that gives participants practice in executive deal making. Deceptively simple for participants, both require few decisions, but challenges participants to outmaneuver intelligent markets. When installed on a local area network, both automate administration by beginning, advancing, and ending the competition on their own accord. GEO extends DEAL to include four nations and a voter role with respect to monetary, fiscal, and trade policies. It shows participants how an international economy functions, and how macroeconomic statistics are computed. As preconfigured, GEO begins where DEAL ends to give a progressively integrating learning experience. Notable features include individual and team tracking, regulated venture creation, public and private enterprises, primary and secondary stock markets, bankruptcy support, and marketbased scores.

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Published

2014-03-06