Strategies, Managerial Approaches, and Decision Making in a General Management Simulation

Authors

  • Burnard H. Sord

Abstract

The objective of the paper, like the other two papers previously presented is to identify and record the types of learning experiences which may result from participation in a general management simulation. In this paper the strategies, organization, and managerial approaches used by each team in the General Management Simulation will be examined and discussed. Since the paper will be limited, only two simulations will be examined and compared. Seven teams each with four members participated in the first simulations examined. Six teams each with three members participated in the second simulations examined. The timing of basic decisions, the approaches utilized in setting prices, purchasing equipment or materials, and the type of analysis utilized by the teams will be compared. Also, the strategies of each team, the organization of information for decision making, and the evaluation of competitors will be discussed. Experiential Learning Enters the Eighties, Volume 7, 1980

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Published

1980-03-13