I am interested in where your team finishes in the standings, and I am interested in knowing that you learned something from the simulated experience of running a company and making strategic decisions. Teams will receive letter grades appropriate to their positions in the standings, providing they make a good faith effort during the simulation. I reserve the right to flunk any team that does very poorly. Also, if you are downgraded by your fellow company executives in the peer evaluation, your grade will be lowered. Grading for the simulation will be a combination of objective and subjective criteria.
Teams earn points for their performance.
The simulation will involve at least one group meeting by company members outside of class to prepare the presentation. I would urge that you do all other group activity related to the simulation during the sessions, mostly to save the hassle of organizing outside meetings. When we do the simulation, we will be meeting in computer classrooms LBH 203. Each company should have access to at least two microcomputers during the sessions of play, should you need them. However, it is critical to your grade for the simulation that you demonstrate your learnings about strategic management as a result of participating in this simulation.