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		<title>The Green Business Lab-Demonstration Video</title>
		<link>https://www.interpretive.com/business-simulations/the-green-business-lab-demonstration-video/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Fri, 20 Sep 2024 14:50:25 +0000</pubDate>
				<guid isPermaLink="false">https://www.interpretive.com/?post_type=portfolio_page&#038;p=21336</guid>

					<description><![CDATA[<p>The Green Business Lab is a business sustainability simulation game with triple-bottom-line goals.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/the-green-business-lab-demonstration-video/">The Green Business Lab-Demonstration Video</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >BUSINESS SUSTAINABILITY SIMULATION</h2><div class="vc_empty_space"  style="height: 10px" >
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			<h6 class="gdlr-core-accordion-item-title gdlr-core-js gdlr-core-skin-e-background gdlr-core-skin-e-content">This 10-minute video provides an overview of The Green Business Lab</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo-gbl/" target="_self" data-hover-background-color="#386c3e" data-hover-border-color="#386c3e" data-hover-color="#ffffff" class="qbutton  medium center default" style="color: #ffffff; border-color: #44a4ac; background-color:#44a4ac;">Schedule a demo</a><div class="vc_empty_space"  style="height: 20px" >
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			<div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/708307816?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="Green Business Lab Demo"></iframe></div><script src="https://player.vimeo.com/api/player.js"></script>
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			<a href="https://www.gblsim.com/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img fetchpriority="high" decoding="async" width="1980" height="225" src="https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner.png" class="vc_single_image-img attachment-full" alt="" title="gbl banner" srcset="https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner.png 1980w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-300x34.png 300w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-1024x116.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-768x87.png 768w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-1536x175.png 1536w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-700x80.png 700w" sizes="(max-width: 1980px) 100vw, 1980px" /></div></a>
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/the-green-business-lab-demonstration-video/">The Green Business Lab-Demonstration Video</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<item>
		<title>The Green Business Lab-Business Sustainability Simulation</title>
		<link>https://www.interpretive.com/business-simulations/sustainability-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Mon, 06 Nov 2023 19:17:13 +0000</pubDate>
				<guid isPermaLink="false">https://www.interpretive.com/?post_type=portfolio_page&#038;p=20464</guid>

					<description><![CDATA[<p>The Green Business Lab is a business sustainability simulation game with triple-bottom-line goals.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/sustainability-simulation/">The Green Business Lab-Business Sustainability Simulation</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >BUSINESS SUSTAINABILITY SIMULATION</h2><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">The Green Business Lab is a business sustainability simulation game with triple-bottom-line goals.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo-gbl/" target="_self" data-hover-background-color="#386c3e" data-hover-border-color="#386c3e" data-hover-color="#ffffff" class="qbutton  medium center default" style="color: #ffffff; border-color: #44a4ac; background-color:#44a4ac;">Schedule a demo</a><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/business-simulations/the-green-business-lab-demonstration-video/" target="_self" data-hover-background-color="#386c3e" data-hover-border-color="#386c3e" data-hover-color="#ffffff" class="qbutton  medium center default" style="color: #ffffff; border-color: #44a4ac; background-color:#44a4ac;">Watch Intro Video</a><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/wp-content/uploads/2024/09/GBL-Faculty-Resources-v6-9-24-24.pdf" target="_self" data-hover-background-color="#386c3e" data-hover-border-color="#386c3e" data-hover-color="#ffffff" class="qbutton  medium center default" style="color: #ffffff; border-color: #44a4ac; background-color:#44a4ac;">Faculty Resources</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img decoding="async" width="1071" height="720" src="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_1.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_1.png 1071w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_1-300x202.png 300w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_1-1024x688.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_1-768x516.png 768w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_1-700x471.png 700w" sizes="(max-width: 1071px) 100vw, 1071px" /><div class="qode-ids-title"><h5>The Green Business Lab</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img decoding="async" width="1159" height="719" src="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_4-1.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_4-1.png 1159w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_4-1-300x186.png 300w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_4-1-1024x635.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_4-1-768x476.png 768w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_4-1-700x434.png 700w" sizes="(max-width: 1159px) 100vw, 1159px" /><div class="qode-ids-title"><h5>An overview of The Green Business Lab</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1248" height="1014" src="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_5-1.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_5-1.png 1248w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_5-1-300x244.png 300w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_5-1-1024x832.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_5-1-768x624.png 768w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_5-1-700x569.png 700w" sizes="auto, (max-width: 1248px) 100vw, 1248px" /><div class="qode-ids-title"><h5>The Green Business Lab</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1179" height="799" src="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_2-1.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_2-1.png 1179w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_2-1-300x203.png 300w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_2-1-1024x694.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_2-1-768x520.png 768w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_2-1-700x474.png 700w" sizes="auto, (max-width: 1179px) 100vw, 1179px" /><div class="qode-ids-title"><h5>The Green Business Lab</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1175" height="804" src="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_3-1.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_3-1.png 1175w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_3-1-300x205.png 300w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_3-1-1024x701.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_3-1-768x526.png 768w, https://www.interpretive.com/wp-content/uploads/2023/11/Screenshot_3-1-700x479.png 700w" sizes="auto, (max-width: 1175px) 100vw, 1175px" /><div class="qode-ids-title"><h5>the Green Business Lab</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_697017'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_697017' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1699291222061"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_735065'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_735065' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! The Green Business Lab empowers purpose-driven people who are interested in driving change to more sustainable business practices.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://wayne.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/Wayne-State.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/Wayne-State.png" alt="" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://umich.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/University-of-Michigan.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/University-of-Michigan.jpg" alt="" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.uvm.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/University-of-Vermont.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/University-of-Vermont.png" alt="" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.uottawa.ca/en" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/University-of-Ottawa.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/University-of-Ottawa.png" alt="" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://calvin.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/Calvin-University.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/Calvin-University.jpg" alt="" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.ramapo.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/Ramapo-College.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/11/Ramapo-College.png" alt="" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<h6 style="text-align: center;">People</h6>

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			<a href="https://www.gblsim.com/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="273" height="300" src="https://www.interpretive.com/wp-content/uploads/2023/11/planet01-273x300.jpg" class="vc_single_image-img attachment-medium" alt="" title="planet01" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/planet01-273x300.jpg 273w, https://www.interpretive.com/wp-content/uploads/2023/11/planet01.jpg 467w" sizes="auto, (max-width: 273px) 100vw, 273px" /></div></a>
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			<h6 style="text-align: center;">Planet</h6>

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			<a href="https://www.gblsim.com/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="273" height="300" src="https://www.interpretive.com/wp-content/uploads/2023/11/profit01-273x300.jpg" class="vc_single_image-img attachment-medium" alt="" title="profit01" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/profit01-273x300.jpg 273w, https://www.interpretive.com/wp-content/uploads/2023/11/profit01.jpg 467w" sizes="auto, (max-width: 273px) 100vw, 273px" /></div></a>
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			<h6 style="text-align: center;">Profit</h6>

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	</div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:60px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >The Green Business Lab is:</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>The Green Business Lab is an engaging and dynamic business simulation that immerses students in leading a company measured by a Triple Bottom Line.</h6>

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			<h6>As an Executive Team, students plan their strategy, make design and operational decisions, manage their supply chain, create a marketing campaign, engage stakeholders, and assess and improve their performance.  Students take various functional roles and gain an integrated perspective of how sustainability affects every aspect of the company.</h6>

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			<h6>Competing against other student-led companies and simulated competitors, they strive to deliver financial, environmental, and social value.  The Lab uses current, relevant content, including Environmental, Social, and Governance (ESG) principles, Sustainable Development Goals (SDGs), circularity, water stewardship, and decarbonization.</h6>

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			<h3><span style="color: #386c3e;"><strong>Engaging</strong></span></h3>

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			<h6>Sustainability connects to people’s desire for meaningful, purposeful, and action-oriented work. Our hands-on Lab teaches students what they can do to address some of today’s most pressing problems.</h6>

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			<h3><span style="color: #386c3e;"><strong>Relevant</strong></span></h3>

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			<h6>The environmental and social landscape moves quickly in today&#8217;s rapidly changing world.  We regularly update the Lab to include the current content.</h6>

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			<h3><span style="color: #386c3e;"><strong>Comprehensive</strong></span></h3>

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			<h6>The simulation provides triple-bottom-line performance results, including:</h6>

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<h6><strong>Financial Reports</strong> – Income Statement, Balance Sheet, Cash Flow Statement</h6>
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<h6><strong>Environmental Reports</strong> – Pollution Impact and Energy Efficiency over 5 life cycle stages</h6>
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<h6><strong>Social Assessments</strong> – Customer &amp; Community Care, Labor Practices, Stakeholder Engagement</h6>
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</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1755027553956 grid_section" style='background-color:#b6d4c6; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="text-align: left" class="vc_custom_heading vc_do_custom_heading" >What’s New in The Green Business Lab</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>We’ve expanded The Lab with fresh updates based on faculty feedback and emerging trends in business sustainability. Highlights include new and enhanced Leadership Decisions, updated stakeholder perspectives, real-world skills tutorials, refreshed student marketing examples, and improved grading transparency.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/gbl-updates/" target="_self" data-hover-background-color="#386c3e" data-hover-border-color="#386c3e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #44a4ac; background-color:#44a4ac;">Full list of updates</a></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1699298012714 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-int-icon-showcase qode-autoplay"data-interval="3000"><div class="qode-int-icon-showcase-inner"><div class="qode-showcase-item-holder">
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									<h3>Circularity</h3>
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						Apply closed-loop processes to reuse rather than discard components and products.					</div>
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									<h3>Life Cycle Thinking</h3>
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						Manage environmental and social trade-offs through innovation.					</div>
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									<h3>Corporate Social Responsibility (CSR)</h3>
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						Respond to the growing public perception that companies are responsible for their social and environmental impact.					</div>
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									<h3>Water Stewardship</h3>
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						Consider the full value of water and discover sustainable practices					</div>
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									<h3>Supply Chain</h3>
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						Reflect on an example of supply chain challenges regarding safety, livelihoods, and environmental impact					</div>
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									<h3>Climate Solutions</h3>
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						Implement energy efficient, renewable, and adaptation practices					</div>
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									<h3>ESG Assessment</h3>
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						Explore a framework for evaluating sustainability risk.					</div>
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									<h3>Sustainable Development Goals</h3>
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						Use the 17 goals established by the United Nations to encourage action					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #386c3e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner vc_custom_1699297774381"><div class="wpb_wrapper"><h1 style="font-size: 28px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >The Green Business Lab enables students to grapple with current, essential topics drawn from today’s business landscape such as:</h1></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1699297671846 grid_section" style=' padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner vc_custom_1699298202089"><div class="wpb_wrapper"><h1 style="font-size: 28px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Participants, acting as Executive Teams,<br />
practice creative and analytical skills such as:</h1></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-int-icon-showcase qode-autoplay"data-interval="3000"><div class="qode-int-icon-showcase-inner"><div class="qode-showcase-item-holder">
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									<h3>Strategic thinking</h3>
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									<h3>Crafting a vision &amp; values statement</h3>
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									<h3>Managing Operations</h3>
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									<h3>Analyzing competitors</h3>
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									<h3>Creating a marketing campaign</h3>
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									<h3>Engaging with stakeholders designed into the Lab</h3>
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									<h3>Managing their Executive Team’s effectiveness</h3>
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									<h3>Assessing and improving performance</h3>
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			<div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/708307816?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="Green Business Lab Demo"></iframe></div><script src="https://player.vimeo.com/api/player.js"></script>
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</div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="vc_empty_space"  style="height: 50px" >
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</div><h3 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >This 10-minute video provides an overview of The Green Business Lab.</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h3 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about the simulation.</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo-gbl/" target="_self" data-hover-background-color="#386c3e" data-hover-border-color="#386c3e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #44a4ac; background-color:#44a4ac;">Schedule a demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1755110034861 grid_section" style='background-color:#b6d4c6; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<a href="https://gogreenhall.org/recent-inductees/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="2400" height="1160" src="https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1.png" class="vc_single_image-img attachment-full" alt="" title="igihof-logo-transparent(dark) (1)" srcset="https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1.png 2400w, https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1-300x145.png 300w, https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1-1024x495.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1-768x371.png 768w, https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1-1536x742.png 1536w, https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1-2048x990.png 2048w, https://www.interpretive.com/wp-content/uploads/2023/11/igihof-logo-transparentdark-1-700x338.png 700w" sizes="auto, (max-width: 2400px) 100vw, 2400px" /></div></a>
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<h6>We are delighted to announce that The Green Business Lab was inducted into the 2024 International Green Industry Hall of Fame. This award recognizes pioneers, leaders, innovators, and visionaries who make significant contributions to a greener world.</h6>
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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684202746284 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="font-size: 26px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >The Lab consists of a practice cycle, three business cycles, and a presentation to the Board of Directors.</h1><div class="vc_empty_space"  style="height: 40px" >
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			<h6><span style="color: #ffffff;">The Lab includes written debrief questions, assignments, and quizzes that give you the tools to assess your students’ understanding of the concepts of sustainability. These are graded online and include both qualitative and quantitative feedback.</span></h6>

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			<h6><span style="color: #ffffff;">You’ll assign the weights to these elements that are appropriate for your course.  A common rubric is:</span></h6>

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<h6><span style="color: #303030;">Business sustainability topics often relate to personal values and beliefs.  In the Lab students are exposed to multiple perspectives when they discuss these topics with peers and instructors. This can enrich the student experience and enhance the team’s ability to work effectively.  The Lab uses peer and faculty-led discussion to enrich the learning experience.</span></h6>
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<h6 class="wpb_wrapper"><span style="color: #303030;">In addition, the Lab has an option to engage with stakeholders within the simulation to introduce multiple points of view on a topic. Stakeholder interaction can emphasize key course lessons and offer opportunities to practice transparency, respect, and accountability.</span></h6>
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<p></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200911953 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_890623'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_890623'><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >Discover why choose GBL as your preferred<br />
Business Sustainability Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><div class='testimonials_c_holder clearfix dark'><div class="testimonials_c testimonials_c_carousel" data-show-navigation="yes" data-animation-speed="" data-auto-rotate-slides="10" data-number-per-slide="1"><ul class="slides"><li id="testimonials-c-20447" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/10/Ginette-headshot-150x150-1.jpeg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >“
Significant Improvements in business sustainability worldwide would truly make a positive impact to our objectives at World Wildlife Fund. Due to growing pressure for resources such as food, fiber, and fuel, there is an increasing need for businesses to be good corporate citizens and understand and be accountable to improving their impact on the planet. Fundamental to businesses making progress is teaching employees, managers, and leaders the importance of integrating environmental and social factors into their decision-making practices. The benefit for companies is that it is increasingly important to understand the risks that climate change and other environmental threats pose for their company and supply chains.

The Green Business Lab is a terrific business sustainability simulation that addresses topics such as climate and energy, water, forests, and supply chain risk from the business perspective. It provides robust and adaptable content, realistic scenarios, and a hands-on learning environment. I would recommend it to any business or university that wants to make strides in learning about business sustainability and how to apply it to our world that needs a lot of help.</p><p class="testimonial_author" style="">Ginette Hemley -World Wildlife Fund</p></div></div></div></li><li id="testimonials-c-20441" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/10/steve-linkedin-image-150x150-1.jpeg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >“
Business leaders need to understand how sustainability impacts business. However, sustainability challenges are complex, interrelated, and can be hard to understand. Simulations are uniquely positioned to cut through those problems. I’m pleased to endorse The Green Business Lab as an effective tool for aligning business leaders to a brighter tomorrow.

I spent more than a decade designing, building, and delivering scores of business simulations for global companies. The Green Business Lab’s design is robust, seamless, and effective for multiple leader levels. It uses an easy-to-understand fictional industry that lets everyone contribute equally. The experience opens the door for direct application of learning objectives back to the leader’s real-world job.

I know from my strategy role at an environmental consulting firm that we are all at different places in our sustainability journey. GBL creates a learning mindset, side-stepping sustainability advocacy messaging in favor of focusing on creating a sustainable business. I really like that GBL is not a greenwashed bolt-on to a business simulation, but was built from the ground up to showcase what sustainable business looks like.

We all know the power of engagement, of storytelling, and rolling up your sleeves to just get started. GBL does this in spades. Its compelling story, interactivity, and accountability encourage participants to really “dig in.” As a result, GBL experiences become shared stories that are remembered – and learned from – long after the workshop is over.</p><p class="testimonial_author" style="">Steve Wourgiotis-Global Strategy Implementation Lead, Quantis</p></div></div></div></li><li id="testimonials-c-20443" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/10/andrea-tangari-150x150-1.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >“
I use the Green Business Lab in two different courses, a capstone marketing strategy course and an MBA course focused on running a sustainable business. I love this simulation because you can adapt it to different courses because of the open-ended nature of some aspects of the Lab. In addition, having open-ended capabilities allows me to make adjustments to focus on the concepts that I am covering in my courses.

Other things I like about this simulation that makes it stand out from many other simulations include:

Students really enjoy the hands-on aspect of the project, to build and test a real product.
It allows students to work on their business communication skills because they send out emails to various stakeholders.
This simulation makes students aware of the importance of external stakeholders to their business.
It allows for a lot of creativity regarding how students will tackle different problems in the Lab.
It has students make decisions on issues that are current and based on situations that real businesses have had to face.
It includes different roles for different team members, which helps keep various team members accountable, reducing slacking.
Overall, I have gotten very positive student feedback regarding the use of this simulation in my courses. I love that I can use this simulation across multiple courses due to its flexibility.</p><p class="testimonial_author" style="">Dr. Andrea Tangari-Mike Illitch School of Business, Wayne State University</p></div></div></div></li><li id="testimonials-c-20445" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/10/megan-baran-150x150-1.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >“
The Green Business Lab is not like other strategy simulations; it is much more interactive. In the Green Business Lab, you respond and adapt to realistic problems, including labor issues, environmental supply chain issues such as where raw materials are grown, building a physical product as a team, and managing to a triple bottom line.

At the end of each cycle, it is fun to watch all of the teams demonstrate their products on the test track and watch their commercials. Although this program is a simulation, the hands-on aspect of physically building a product, creating commercials, and communicating with stakeholders makes the program engaging and exciting.</p><p class="testimonial_author" style="">Megan Baran-Wayne State University Chapter</p></div></div></div></li></ul></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1699645215743 grid_section" style='background-color:#ffffff; padding-top:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1691690898140"><div class="wpb_wrapper"><h2 style="font-size: 30px;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1717769619259" ><a href="https://www.interpretive.com/request-a-demo-gbl/" target="_blank">Schedule a demo</a></h2></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<a href="https://www.gblsim.com/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="1980" height="225" src="https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner.png" class="vc_single_image-img attachment-full" alt="" title="gbl banner" srcset="https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner.png 1980w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-300x34.png 300w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-1024x116.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-768x87.png 768w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-1536x175.png 1536w, https://www.interpretive.com/wp-content/uploads/2023/08/gbl-banner-700x80.png 700w" sizes="auto, (max-width: 1980px) 100vw, 1980px" /></div></a>
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/sustainability-simulation/">The Green Business Lab-Business Sustainability Simulation</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Retail Entrepreneurship Simulation-Entrepreneur</title>
		<link>https://www.interpretive.com/business-simulations/entrepreneur-usasbe/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Mon, 30 Oct 2023 13:21:05 +0000</pubDate>
				<guid isPermaLink="false">https://www.interpretive.com/?post_type=portfolio_page&#038;p=20460</guid>

					<description><![CDATA[<p>Transform your class with Entrepreneur, a dynamic retail entrepreneurship simulation designed to provide hands-on experience in managing a small business.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/entrepreneur-usasbe/">Retail Entrepreneurship Simulation-Entrepreneur</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Retail Entrepreneurship Simulation</h3><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">Discover Entrepreneur, our retail entrepreneurship simulation. Students gain hands-on experience running a clothing shop, making key decisions on inventory, pricing, and staffing over twelve simulated quarters. A comprehensive tool for teaching retail management and financial literacy.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1187" height="742" src="https://www.interpretive.com/wp-content/uploads/2023/05/Dashboard.png" class="attachment-full size-full" alt="Entrepreneur simulation dashboard, showcasing various data points and controls for the retail entrepreneurship simulation experience." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Dashboard.png 1187w, https://www.interpretive.com/wp-content/uploads/2023/05/Dashboard-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Dashboard-1024x640.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Dashboard-768x480.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Dashboard-700x438.png 700w" sizes="auto, (max-width: 1187px) 100vw, 1187px" /><div class="qode-ids-title"><h5>Entrepreneur Retail Entrepreneurship Simulation Dashboard Interface</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1185" height="740" src="https://www.interpretive.com/wp-content/uploads/2023/05/case-video.png" class="attachment-full size-full" alt="Case video for the Entrepreneur retail entrepreneurship simulation, providing a visual overview of the simulation scenario" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/case-video.png 1185w, https://www.interpretive.com/wp-content/uploads/2023/05/case-video-300x187.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/case-video-1024x639.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/case-video-768x480.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/case-video-700x437.png 700w" sizes="auto, (max-width: 1185px) 100vw, 1185px" /><div class="qode-ids-title"><h5>Entrepreneur Retail Entrepreneurship Simulation Case Video</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1184" height="746" src="https://www.interpretive.com/wp-content/uploads/2023/05/reports.png" class="attachment-full size-full" alt="reports page from the Entrepreneur retail entrepreneurship simulation, showcasing data analysis and reporting capabilities of the simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/reports.png 1184w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-1024x645.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-768x484.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-700x441.png 700w" sizes="auto, (max-width: 1184px) 100vw, 1184px" /><div class="qode-ids-title"><h5>Entrepreneur Retail Entrepreneurship Simulation Reports</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1184" height="741" src="https://www.interpretive.com/wp-content/uploads/2023/05/decisions.png" class="attachment-full size-full" alt="decision-making interface of the Entrepreneur retail entrepreneurship simulation, where users can strategize and make key business decisions" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/decisions.png 1184w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions-1024x641.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions-768x481.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions-700x438.png 700w" sizes="auto, (max-width: 1184px) 100vw, 1184px" /><div class="qode-ids-title"><h5>Entrepreneur Retail Entrepreneurship Simulation Decisions Screenshot</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1181" height="739" src="https://www.interpretive.com/wp-content/uploads/2023/05/special-decisions.png" class="attachment-full size-full" alt="special decision mini case scenario within the Entrepreneur retail entrepreneurship simulation, where users can experience unique business situations and make critical decisions" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/special-decisions.png 1181w, https://www.interpretive.com/wp-content/uploads/2023/05/special-decisions-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/special-decisions-1024x641.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/special-decisions-768x481.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/special-decisions-700x438.png 700w" sizes="auto, (max-width: 1181px) 100vw, 1181px" /><div class="qode-ids-title"><h5>Entrepreneur Retail Entrepreneurship Simulation Mini Case Special Decision Screenshot</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_982574'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_982574' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_979964'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_979964' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! Entrepreneur has been trusted for over a decade by 320+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.wlu.ca/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Wilfrid-Laurier-University.jpg" alt="Wilfrid Laurier University, a noted institution that utilizes our Entrepreneur retail entrepreneurship simulation for their business curriculum." /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Wilfrid-Laurier-University.jpg" alt="Wilfrid Laurier University, a noted institution that utilizes our Entrepreneur retail entrepreneurship simulation for their business curriculum." /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://cnc.bc.ca/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/College-of-New-Caledonia.png" alt="College of New Caledonia, a distinguished institution that incorporates our Entrepreneur retail entrepreneurship simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/College-of-New-Caledonia.png" alt="College of New Caledonia, a distinguished institution that incorporates our Entrepreneur retail entrepreneurship simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.nait.ca/nait/home" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Northern-Alberta-Institute-of-Technology.jpg" alt="Northern Alberta Institute of Technology, a renowned institution that employs our Entrepreneur retail entrepreneurship simulation in their business curriculum" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Northern-Alberta-Institute-of-Technology.jpg" alt="Northern Alberta Institute of Technology, a renowned institution that employs our Entrepreneur retail entrepreneurship simulation in their business curriculum" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.hartford.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Hartford.jpg" alt="University of Hartford- a distinguished institution that incorporates our Entrepreneur retail entrepreneurship simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Hartford.jpg" alt="University of Hartford- a distinguished institution that incorporates our Entrepreneur retail entrepreneurship simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.monroeccc.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Monroe-County-Community-College-1.jpg" alt="Business Simulations" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Monroe-County-Community-College-1.jpg" alt="Business Simulations" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.cmich.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Central-Michigan-University.jpg" alt="Central Michigan University-a noted institution that utilizes our Entrepreneur retail entrepreneurship simulation for their business curriculum." /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Central-Michigan-University.jpg" alt="Central Michigan University-a noted institution that utilizes our Entrepreneur retail entrepreneurship simulation for their business curriculum." /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is Entrepreneur?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>Welcome to the world of Entrepreneur, a dynamic retail entrepreneurship simulation designed to provide hands-on experience in managing a small retail clothing store. As an instructor, you&#8217;ll appreciate the comprehensive coverage of entrepreneurship, retail management, and ethical dimensions of business management that Entrepreneur provides for your students.</h6>

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			<h6>In this simulation, your students will form management teams, making crucial business decisions and competing against their peers in a simulated business environment. They&#8217;ll learn the value of teamwork and consensus-building as they navigate different opinions and priorities, all within the context of limited resources and a changing business landscape.</h6>

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			<h6>Entrepreneur is an engaging, practical, and comprehensive tool for teaching essential business skills. It not only provides students with a taste of the real-world challenges of retail management but also equips them with the knowledge and skills they need to succeed in the business world. With Entrepreneur, your students can learn by doing, applying theoretical concepts to practical situations, and gaining a deeper understanding of the complexities of running a retail business.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS Entrepreneur THE RIGHT entrepreneurship SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">Entrepreneur is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Monitor business plan implementation. Forecast product sales. Calculate break-even point.					</div>
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									<h2>Business Environment</h2>
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						Evaluate business opportunities. Write a business plan. Make ethical decisions.					</div>
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									<h2>Staffing</h2>
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						Project staffing requirements. Decide on employee pay rates. Identify employee retention factors. Manage employee turnover.					</div>
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									<h2>Marketing</h2>
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						Understand the importance of marketing. Set pricing for multiple products. Calculate gross margin. Project impact of promotion. Choose advertising media.					</div>
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									<h2>Operations</h2>
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						Project purchasing needs. Manage inventory. Set shop hours. Maximize customer satisfaction.					</div>
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									<h2>Finance</h2>
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						Distinguish cash and accrual accounting. Create and analyze income statement. Create and analyze balance sheet. Calculate return on an investment.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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									<h2>Experiential Learning</h2>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Entrepreneurship</span><br />
<span style="color: #ffffff;">Retail Management</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197679447"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196261251" >DIFFICULTY LEVEL</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Introductory</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197692898"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196286482" >AUTHORS</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff; text-decoration: underline;" href="https://www.interpretive.com/peggy-golden/">Peggy Golden</a>, <a style="color: #ffffff; text-decoration: underline;" href="https://www.interpretive.com/jerald-r-smith/">Jerald Smith</a>,</span><br />
<span style="color: #ffffff;"><a style="color: #ffffff; text-decoration: underline;" href="https://www.interpretive.com/michael-deighan/">Mike Deighan</a></span></p>

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        FIRST-TIME INSTRUCTORS USING ENTREPRENEURSHIP SIMULATION    </span>
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			<h6>At Interpretive, we understand that running a simulation in your class may require some support. That&#8217;s why we are committed to providing you with exceptional customer support. Our experienced customer support staff consistently receive top ratings from our customers. Here&#8217;s what you can expect from us:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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</div><a  itemprop="url" href="https://www.interpretive.com/instructors/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">First-time instructor guide</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-3.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-3.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our retail entrepreneurship simulation." title="Instructor Engaged with Our retail entrepreneurship simulation." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-3.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-3.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-3.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-3-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-3.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-3-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-3.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-3-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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					<img loading="lazy" decoding="async" width="800" height="450" src="https://www.interpretive.com/wp-content/uploads/2023/05/Entre-01.jpg" class="attachment-full size-full" alt="Demo Video Highlighting Features of Entrepreneur, retail entrepreneurship simulation." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Entre-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/Entre-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Entre-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Entre-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/Entre-01-539x303.jpg 539w" sizes="auto, (max-width: 800px) 100vw, 800px" />			<span class="qode_video_box_button_holder">
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our Retail Entrepreneurship simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684864685924 grid_section" style='background-color:#ffffff; padding-top:200px; padding-bottom:200px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/instructors/" target="_blank">ASSESSMENT TOOLS</a></h2><div class="vc_empty_space"  style="height: 30px" >
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			<h6><span style="color: #ffffff;">Integrating the retail entrepreneurship simulation, Entrepreneur, with quizzes and assignments creates a comprehensive toolkit to evaluate your students&#8217; grasp of entrepreneurship principles. This combined approach is effective for assessing students&#8217; knowledge and comprehension in depth. The recommended grading rubric facilitates a thorough evaluation of their understanding.</span></h6>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Assignments</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Simulation Results</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Quizzes</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='20' class='progress_content' style='background-color: #09809e;'></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684201005427 grid_section disable_negative_margin" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/assignments/" target="_blank">ASSIGNMENTS MODULE</a></h2><div class="vc_empty_space"  style="height: 20px" >
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<h6><span style="color: #ffffff;">Experience the convenience of fully online simulation assignments with Entrepreneur! With our innovative Assignments Module, there&#8217;s no need for PDFs or downloads. Assignments are easily accessed and completed through a user-friendly online interface. Plus, some tasks can be auto-graded, saving valuable time for instructors. Getting started is simple &#8211; we provide a comprehensive guide and video tutorial to familiarize you with the interface. Alternatively, you can explore it on your own after login. For further details, feel free to contact us!</span></h6>
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	<h4 class="clearfix qode-title-holder">
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        Which classes is this simulation suitable for?    </span>
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			<h6>Entrepreneur is an excellent fit for Entrepreneurship and Retail Management classes. It shines a spotlight on business operations, offering students practical insights into the nuances of daily operational management.</h6>

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        What is the ideal team size for the simulation?    </span>
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			<h6>We recommend a team size of 3-4 students for the most enriching simulation experience. Larger teams often face collaboration challenges, while smaller teams might lack the diversity of opinions that sparks valuable discussion and learning.</h6>

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        How does Entrepreneur differ from the BizCafe simulation?    </span>
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			<h6>Entrepreneur plunges students into more startup decisions, demanding a deeper dive into financial strategy analysis. The simulation provides a broader range of marketing options and a more dynamic promotion environment than <a href="https://www.interpretive.com/business-simulations/business-essentials-simulation/">BizCafe</a>. It emulates the typical three-year journey of a startup venture, testing its viability.</h6>

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        What is the duration of the simulation?    </span>
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			<h6>The Entrepreneur simulation can extend up to 12 periods, each representing a quarter of a year, allowing students to experience the initial three years of business operations. Students usually require between 45 minutes to an hour per period to make informed decisions.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access.</a> This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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        Schedule a call with us to ask any other questions you might have!    </span>
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</div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200911953 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_687053'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_687053'><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >Discover why instructors choose Entrepreneur as their preferred<br />
Entrepreneurship Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/entrepreneur-usasbe/">Retail Entrepreneurship Simulation-Entrepreneur</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Global Strategy Simulation-Corporation</title>
		<link>https://www.interpretive.com/business-simulations/global-strategy-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Wed, 31 May 2023 10:40:32 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=20074</guid>

					<description><![CDATA[<p>Corporation is a dynamic global strategy simulation that plunges students into the role of managing a multi-division corporation in the information systems industry. They'll make critical decisions on finance, acquisitions, marketing, and HR, fostering valuable teamwork, strategic thinking, and decision-making skills in a competitive, real-world context.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/global-strategy-simulation/">Global Strategy Simulation-Corporation</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >GLOBAL STRATEGY SIMULATION</h2><div class="vc_empty_space"  style="height: 10px" >
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			<h6>Corporation is a dynamic global strategy simulation that plunges students into the role of managing a multi-division corporation in the information systems industry. They&#8217;ll make critical decisions on finance, acquisitions, marketing, and HR, fostering valuable teamwork, strategic thinking, and decision-making skills in a competitive, real-world context.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="7000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="965" height="715" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-5.png" class="attachment-full size-full" alt="Screenshot of the user-friendly dashboard of Corporation, our global strategy simulation, showcasing various decision-making tools and metrics." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-5.png 965w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-5-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-5-768x569.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-5-700x519.png 700w" sizes="auto, (max-width: 965px) 100vw, 965px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the global strategy simulation, Corporation.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="719" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-8.png" class="attachment-full size-full" alt="screenshot of the Regions in Corporation, our global strategy simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-8.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-8-300x223.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-8-768x571.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-8-700x520.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Regions in the global strategy simulation, Corporation.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="712" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-7.png" class="attachment-full size-full" alt="Screenshot displaying the decisions screen of Corporation, our global strategy simulation, highlighting the interactive interface for strategic marketing decision-making" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-7.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-7-300x221.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-7-768x565.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-7-700x515.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Reports in the global strategy simulation, Corporation.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="715" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-6.png" class="attachment-full size-full" alt="A screenshot of the analysis report within Corporation, our global strategy simulation, offering insights on decisions and their impact." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-6.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-6-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-6-768x568.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-6-700x518.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Analysis tools in the Global Strategy simulation, Corporation,</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="965" height="719" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-5.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of Corporation, our global strategy simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-5.png 965w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-5-300x224.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-5-768x572.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-5-700x522.png 700w" sizes="auto, (max-width: 965px) 100vw, 965px" /><div class="qode-ids-title"><h5>Decision making in Global Strategy simulation, Corporation,</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_546737'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_546737' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_371740'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_371740' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! Corporation has been trusted for over a decade by 100+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.tudublin.ie/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Technological-University-Dublin.png" alt="Image of Technological University Dublin icon- Corporation, our global strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Technological-University-Dublin.png" alt="Image of Technological University Dublin icon- Corporation, our global strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.apu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Azusa-Pacific-University.png" alt="Image of Azusa Pacific University icon- Corporation, our global strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Azusa-Pacific-University.png" alt="Image of Azusa Pacific University icon- Corporation, our global strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.ttu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Texas-Tech-University.jpg" alt="Image of Texas Tech University icon- Corporation, our global strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Texas-Tech-University.jpg" alt="Image of Texas Tech University icon- Corporation, our global strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://cairn.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Cairn-University.jpg" alt="Image of Cairn University icon- Corporation, our global strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Cairn-University.jpg" alt="Image of Cairn University icon- Corporation, our global strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.usd.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-South-Dakota.jpg" alt="Image of University of South Dakota- Corporation, our global strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-South-Dakota.jpg" alt="Image of University of South Dakota- Corporation, our global strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.unisg.ch/en/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-St.-Gallen.jpg" alt="Image of University of St. Gallenicon- Corporation, our global strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-St.-Gallen.jpg" alt="Image of University of St. Gallenicon- Corporation, our global strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is Corporation?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>Corporation is a comprehensive Global Strategy simulation designed to provide business instructors with an engaging tool to enrich the classroom experience. This simulation places students at the helm of a multi-division corporation in the dynamic information systems industry. It&#8217;s unique in that it allows students to gain real-world exposure to corporate-level decision making while contending with the intricacies of international market expansion.</h6>

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			<h6>The simulation provides a perfect platform for students to put theoretical knowledge into practice. Teams have the opportunity to implement corporate strategy decisions, including financing and acquisitions, marketing, operations, and human resources management for each Strategic Business Unit (SBU). This immersive, hands-on experience fosters active learning, enabling students to understand and appreciate the interplay between various strategic decisions in a global corporate setting.</h6>

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			<h6>One of the key benefits of the Corporation simulation is its emphasis on teamwork and strategy development under uncertain conditions. This element mirrors the dynamic nature of today&#8217;s business environment, where decision-makers must constantly adapt and revise strategies based on evolving market conditions. Through the simulation, students also gain experience in maintaining a positive cash flow and profitability, core skills that future business leaders need to master. The simulation extends up to 12 periods, allowing students to observe the long-term effects of their decisions, thereby reinforcing strategic thinking and planning.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS Corporation THE RIGHT Global Strategy SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">Corporation is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Identify strategic options. Write a strategic plan. Monitor implementation of plan. Analyze competitive performance.					</div>
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									<h2>Corporate</h2>
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						Define SBU. Evaluate global strategic options. Understand organizational structures. Make ethical business decisions.					</div>
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									<h2>Marketing</h2>
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						Explain role of marketing in strategy. Define marketing mix. Select price appropriate for market. Estimate impact of marketing decisions.					</div>
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									<h2>Creative Thinking</h2>
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						Handle uncertainty and ambiguity. Develop new approaches when conditions change. Set your firm apart from competition.					</div>
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									<h2>Operations</h2>
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						Forecast production requirements. Manage capacity growth. Identify ways to improve operations. Understand role of HR.					</div>
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									<h2>Finance</h2>
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						Analyze financial performance. Project capital needs. Evaluate investment options. Calculate return on investment.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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									<h2>Experiential Learning</h2>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Global Strategy</span><br />
<span style="color: #ffffff;">Business Strategy</span></p>

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			<p style="text-align: center;"><span style="color: #ffffff;">Intermediate</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197692898"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196286482" >AUTHORS</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff; text-decoration: underline;" href="https://www.interpretive.com/peggy-golden/">Peggy Golden</a>, <a style="color: #ffffff; text-decoration: underline;" href="https://www.interpretive.com/jerald-r-smith/">Jerald Smith</a>,</span><br />
<span style="color: #ffffff;"><a style="color: #ffffff; text-decoration: underline;" href="https://www.interpretive.com/michael-deighan/">Mike Deighan</a></span></p>

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        FIRST-TIME INSTRUCTORS USING CORPORATION SIMULATION    </span>
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			<h6>At Interpretive, we understand that running a simulation in your class may require some support. That&#8217;s why we are committed to providing you with exceptional customer support. Our experienced customer support staff consistently receive top ratings from our customers. Here&#8217;s what you can expect from us:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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<p></div><div class="vc_empty_space"  style="height: 30px" >
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-4.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-4.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our strategy simulation." title="Instructor Engaged with our strategy simulation." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-4.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-4.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-4.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-4-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-4.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-4-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-4.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-4-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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					<img loading="lazy" decoding="async" width="800" height="450" src="https://www.interpretive.com/wp-content/uploads/2023/05/Corporation-01.jpg" class="attachment-full size-full" alt="Short Demo Video of Corporation, Global Strategy Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Corporation-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/Corporation-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Corporation-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Corporation-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/Corporation-01-539x303.jpg 539w" sizes="auto, (max-width: 800px) 100vw, 800px" />			<span class="qode_video_box_button_holder">
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our Global Strategy simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684864685924 grid_section" style='background-color:#ffffff; padding-top:200px; padding-bottom:200px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/instructors/" target="_blank">ASSESSMENT TOOLS</a></h2><div class="vc_empty_space"  style="height: 30px" >
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			<h6><span style="color: #ffffff;">Combining our simulation Corporation with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of strategy. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Assignments</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Simulation Results</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Quizzes</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='20' class='progress_content' style='background-color: #09809e;'></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684252797991 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="font-size: 24px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Got questions? Find answers!</h1><div class="vc_empty_space"  style="height: 40px" >
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	<h4 class="clearfix qode-title-holder">
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        Which classes is this simulation suitable for?    </span>
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			<h6>Corporation is designed for courses focusing on Global Strategy, Corporate Strategy, or General Strategy. Its prime use is in undergraduate-level classes. The simulation is financially-intensive, encompassing different world regions within a fictionalized context. It provides a comprehensive learning experience, introducing students to various aspects like negotiations, valuation, and strategic diversification.</h6>

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        What is the ideal team size for the simulation?    </span>
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			<h6>We recommend teams of 3-4 students. Beyond four, collaboration tends to become more challenging, affecting the decision-making process—a critical part of the simulation experience. Teams of two are also viable, but they lack the robust exchange of ideas and constructive disagreements inherent in larger groups.</h6>

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        What is the duration of the simulation?    </span>
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/global-strategy-simulation/">Global Strategy Simulation-Corporation</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Strategic Management Simulation-StratSimManagement</title>
		<link>https://www.interpretive.com/business-simulations/strategic-management-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Tue, 30 May 2023 17:58:31 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=20045</guid>

					<description><![CDATA[<p>Engage your students in strategic decision making with StratSimManagement. An interactive simulation based on the automotive industry designed for business education</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/strategic-management-simulation/">Strategic Management Simulation-StratSimManagement</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >STRATEGIC MANAGEMENT SIMULATION</h3><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">StratSimManagement is an integrated strategic management simulation where teams compete directly against each other in the fast-paced automobile industry. Integrating the functional areas of managing a business, this cross-functional simulation ties it all together: strategic management, product development, operations, marketing, finance, organization, and international opportunities.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="718" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-5.png" class="attachment-full size-full" alt="Screenshot of the user-friendly dashboard of StratSimManagement, our strategic management simulation, showcasing various decision-making tools and metrics." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-5.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-5-300x223.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-5-768x570.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-5-700x520.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the strategic management simulation, StratSimManagement</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="968" height="717" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-4.png" class="attachment-full size-full" alt="Snapshot of a case video from StratSimManagement, our strategic management simulation, providing a multimedia learning experience on scenarios." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-4.png 968w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-4-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-4-768x569.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-4-700x518.png 700w" sizes="auto, (max-width: 968px) 100vw, 968px" /><div class="qode-ids-title"><h5>Case Video Preview in the strategic management simulation, StratSimManagement</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="966" height="715" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-4.png" class="attachment-full size-full" alt="Reports Screen of StratSimManagement, our strategic management simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-4.png 966w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-4-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-4-768x568.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-4-700x518.png 700w" sizes="auto, (max-width: 966px) 100vw, 966px" /><div class="qode-ids-title"><h5>Reports Screen of the strategic management simulation, StratSimManagement</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="943" height="716" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-3.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of StratSimManagement, our strategic management simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-3.png 943w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-3-300x228.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-3-768x583.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-3-500x380.png 500w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-3-700x531.png 700w" sizes="auto, (max-width: 943px) 100vw, 943px" /><div class="qode-ids-title"><h5>Reports Screen of the strategic management simulation, StratSimManagement</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="965" height="696" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-3.png" class="attachment-full size-full" alt="Screenshot displaying the decisions screen of StratSimManagement, our strategic management simulation, highlighting the interactive interface for strategic marketing decision-making." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-3.png 965w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-3-300x216.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-3-768x554.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-3-700x505.png 700w" sizes="auto, (max-width: 965px) 100vw, 965px" /><div class="qode-ids-title"><h5>Screenshot displaying the decisions screen of the marketing strategy simulation, StratSimMarketing, highlighting the interactive interface for strategic marketing decision-making.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="968" height="720" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-3.png" class="attachment-full size-full" alt="A screenshot of the analysis report within StratSimManagement, our strategic management simulation, offering insights on decisions and their impact" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-3.png 968w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-3-300x223.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-3-768x571.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-3-700x521.png 700w" sizes="auto, (max-width: 968px) 100vw, 968px" /><div class="qode-ids-title"><h5>A screenshot of the timeline analysis report within the strategic management simulation, StratSimManagement , offering insights on decisions and their impact.</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_396345'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_396345' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div 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StratSimManagement has been trusted for over a decade by 250+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://uconn.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Connecticut.png" alt="Image of University of Connecticut icon- StratSimManagement, our strategic management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Connecticut.png" alt="Image of University of Connecticut icon- StratSimManagement, our strategic management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.fordham.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Fordham-University-1-1.jpg" alt="Image of Fordham University  icon- StratSimManagement, our strategic management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Fordham-University-1-1.jpg" alt="Image of Fordham University  icon- StratSimManagement, our strategic management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.rowan.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Rowan-University.jpg" alt="Image of Rowan University icon- StratSimManagement, our strategic management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Rowan-University.jpg" alt="Image of Rowan University icon- StratSimManagement, our strategic management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://illinoisstate.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Illinois-State-University.jpg" alt="Image of Illinois State University icon- StratSimManagement, our strategic management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Illinois-State-University.jpg" alt="Image of Illinois State University icon- StratSimManagement, our strategic management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://warwick.ac.uk/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Warwick.jpg" alt="Image of University of Warwick icon- StratSimManagement, our strategic management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Warwick.jpg" alt="Image of University of Warwick icon- StratSimManagement, our strategic management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.hartford.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Hartford-1.jpg" alt="Image of University of Hartford icon- StratSimManagement, our strategic management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Hartford-1.jpg" alt="Image of University of Hartford icon- StratSimManagement, our strategic management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >STRATEGIC MANAGEMENT SIMULATION</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is StratSimManagement?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>StratSimManagement is a simulation rooted in the automobile industry, teaching students the essentials of strategic management. The simulation simplifies complex industry dynamics while retaining key strategic elements, creating a manageable learning environment.</h6>

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			<h6>In this simulation, students get hands-on experience in developing and implementing business strategies. They identify market opportunities, create product offerings, analyze competitors, and manage corporate infrastructure to sustain growth. The simulation also covers resource allocation among various business functions and explores optional modules like international market opportunities.</h6>

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			<h6>StratSimManagement promotes active learning, where students make key business decisions that have tangible outcomes in a competitive market environment. This direct competition against other teams encourages the development of competitive strategies and collaborative decision-making.</h6>

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			<h6>StratSimManagement effectively bridges the gap between theory and practice in strategic management education.</h6>

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			<h6 style="text-align: center;">StratSimManagement is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Identify strategic options. Write a strategic plan. Monitor implementation of plan. Analyze competitive performance.					</div>
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						Distinguish internal / external factors. Define and use SWOT analysis. Define and use PESTEL analysis. Identify market opportunities. Respond to a changing environment.					</div>
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						Explain role of marketing in strategy. Set price and dealer discounts. Identify ways of informing customer. Estimate impact of marketing decisions. Manage distribution of products.					</div>
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						Analyze financial performance. Project financial needs.. Evaluation investment options. Fund capital investment.					</div>
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									<h2>Operations</h2>
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						Develop products according to plan. Forecast production requirements. Manage capacity growth. Maintain optimal inventory levels. Minimize production cost.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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									<h2>Creative Thinking</h2>
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						Handle uncertainty and ambiguity. Develop new approaches when conditions change. Set your firm apart from competition.					</div>
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			<p style="text-align: center;"><span style="color: #ffffff;">Business Strategy</span><br />
<span style="color: #ffffff;">Strategic Management</span></p>

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			<p style="text-align: center;"><span style="color: #ffffff;">Advanced</span></p>

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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/index.php/stu-james/">Stuart James</a>,</span><br />
<span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/michael-deighan/">Michael Deighan</a></span></p>

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        FIRST-TIME INSTRUCTORS    </span>
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			<h6>At Interpretive, we ensure your journey with our Strategic Management simulation is smooth and supported. We&#8217;re dedicated to delivering outstanding customer service, evident in the high praise our seasoned customer support team regularly receives. Here&#8217;s what our commitment to your satisfaction entails:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our strategic management simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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<h6><span style="color: #ffffff;">The strategic management simulation, StratSimManagement, combined with the quizzes and assignments give you the tools to assess your students’ understanding of the concepts of strategic marketing. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>
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<h6><span style="color: #ffffff;">Experience the convenience of fully online simulation assignments with StratSimManagement, our Strategic Management simulation! With our innovative Assignments Module, there&#8217;s no need for PDFs or downloads. Assignments are easily accessed and completed through a user-friendly online interface. Plus, some tasks can be auto-graded, saving valuable time for instructors. Getting started is simple &#8211; we provide a comprehensive guide and video tutorial to familiarize you with the interface. Alternatively, you can explore it on your own after login. For further details, feel free to contact us!</span></h6>
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			<h6><strong>The even-start scenario</strong> has teams starting from the same position, presents a number of market opportunities, and allows flexibility in the number of teams per industry.</h6>
<h6><strong>The unique-start scenario</strong> consists of five firms, each with a unique identity, and provides the opportunity for more complex analysis at the start of the simulation.</h6>
<h6><strong>3+3 scenario</strong> divides firms into three value-oriented high-volume producers and three high-end low-volume manufacturers (other team configurations are possible as well).</h6>

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			<h6>StratSimManagement is used in classes for Strategic Management or Business Strategy, often at the graduate level but at times at the undergraduate level.</h6>

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			<h6> For optimal collaboration and decision-making experience, we suggest forming teams of 3-4 students. Larger groups can struggle with decision-making, while teams of 2 may lack the diversity of opinion, fostering the healthy disagreement crucial for robust strategic planning.</h6>

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			<h6>The simulation spans a minimum of six periods and a maximum of ten periods, with each period representing a business year. Students should anticipate spending between two to two and a half hours per period for decision-making.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access.</a> This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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</div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200911953 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_121103'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_121103'><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >Discover why instructors choose StratSimManagement as their preferred<br />
Strategic Management Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><div class='testimonials_c_holder clearfix dark'><div class="testimonials_c testimonials_c_carousel" data-show-navigation="yes" data-animation-speed="" data-auto-rotate-slides="10" data-number-per-slide="2"><ul class="slides"><li id="testimonials-c-15975" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Dilip-Mirchandani-Rowan-University-150x150.jpg" alt="Dilip Mirchandani - Implementing StratSimManagement, our strategic management simulation at Rowan University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >The most valuable overarching unique experience students get with engaging in StratSimManagement is learning to connect the dots. At the end of each semester, they often express their appreciation for the complexity, inter-connectedness, and dynamism of running a multi-billion-dollar enterprise set in the auto industry. The manner in which varying planning cycles, resource allocations, and demand generation processes intersect is the most challenging, and rewarding aspect of immersing themselves in the simulation.</p><p class="testimonial_author" style="">Dilip Mirchandani - Rowan University</p></div></div></div></li><li id="testimonials-c-19318" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/MichelleYoder-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I find StratSim provides an excellent amount of realism and really pushes students to integrate what they know about various functional areas.  Interpretive provides exceptional service and support for Instructors and Students alike.</p><p class="testimonial_author" style="">Michele Yoder, York college of Pennsylvania </p></div></div></div></li><li id="testimonials-c-15977" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Christophe-Rethore-ICN-Business-School-150x150.jpg" alt="Christophe Rethore - Implementing StratSimManagement, our strategic management simulation at ICN Business School" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >As always. Customer service at interpretive.com is 100% reliable.</p><p class="testimonial_author" style="">Christophe Rethore - ICN Business School</p></div></div></div></li><li id="testimonials-c-15976" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/IMG_0981-e1476474212544-150x150.jpg" alt="Ralph R. Braithwaite - Implementing StratSimManagement, our strategic management simulation at University of Connecticut" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I have been using an Interpretive Simulation at both the undergraduate and the graduate level at the University of Connecticut for a number of years. I think every semester the students have walked away with knowledge and practical application of the concepts that will serve them well as they pursue their careers. The vast majority of my students have stated that the simulation made their education more real for them and they learned more about how things worked in the “real” world. In many cases, they did not want the simulation to be over. I like the simulation and all it brings to the educational experience of the students.</p><p class="testimonial_author" style="">Ralph R. Braithwaite - University of Connecticut</p></div></div></div></li></ul></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684867129989 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >LATEST UPDATES AND NEWS</h2><div class="vc_empty_space"  style="height: 40px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/strategic-management-simulation/">Strategic Management Simulation-StratSimManagement</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Marketing Strategy Simulation-StratSimMarketing</title>
		<link>https://www.interpretive.com/business-simulations/marketing-strategy-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Tue, 30 May 2023 16:27:53 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=20022</guid>

					<description><![CDATA[<p>Experience StratSimMarketing - an engaging marketing strategy simulation. Empower your students with practical skills in the competitive automotive sector.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/marketing-strategy-simulation/">Marketing Strategy Simulation-StratSimMarketing</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >MARKETING STRATEGY SIMULATION</h3><div class="vc_empty_space"  style="height: 10px" >
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</div><h1 style="font-size: 42px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >StratSimMarketing</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: left;">StratSimMarketing is a dynamic marketing strategy simulation designed for a competitive, hands-on learning experience. Students engage in real-time decision-making scenarios, fostering a deep understanding of strategic planning, competitive analysis, and resource allocation.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="969" height="715" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-5.png" class="attachment-full size-full" alt="Screenshot of the user-friendly dashboard of StratSimMarketing, our marketing strategy simulation, showcasing various decision-making tools and metrics." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-5.png 969w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-5-300x221.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-5-768x567.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-5-700x517.png 700w" sizes="auto, (max-width: 969px) 100vw, 969px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the marketing strategy simulation, StratSimMarketing</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="715" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-4.png" class="attachment-full size-full" alt="Snapshot of a case video from StratSimMarketing, our marketing strategy simulation, providing a multimedia learning experience on scenarios." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-4.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-4-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-4-768x568.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-4-700x518.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Case Video Preview in the marketing strategy simulation, StratSimMarketing</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="966" height="716" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-3.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of StratSimMarketing, our marketing strategy simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-3.png 966w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-3-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-3-768x569.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-3-700x519.png 700w" sizes="auto, (max-width: 966px) 100vw, 966px" /><div class="qode-ids-title"><h5>Reports Screen of the marketing strategy simulation, StratSimMarketing</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="971" height="718" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-3.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of StratSimMarketing, our marketing strategy simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-3.png 971w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-3-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-3-768x568.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-3-700x518.png 700w" sizes="auto, (max-width: 971px) 100vw, 971px" /><div class="qode-ids-title"><h5>Reports Screen of the marketing strategy simulation, StratSimMarketing</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="713" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-2.png" class="attachment-full size-full" alt="Screenshot displaying the decisions screen of StratSimMarketing, our marketing strategy simulation, highlighting the interactive interface for strategic marketing decision-making." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-2.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-2-300x221.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-2-768x566.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-2-700x516.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Screenshot displaying the decisions screen of the marketing strategy simulation, StratSimMarketing, highlighting the interactive interface for strategic marketing decision-making.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="970" height="719" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-3.png" class="attachment-full size-full" alt="screenshot of the analysis report within StratSimMarketing, our marketing strategy simulation, offering insights on decisions and their impact." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-3.png 970w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-3-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-3-768x569.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-3-700x519.png 700w" sizes="auto, (max-width: 970px) 100vw, 970px" /><div class="qode-ids-title"><h5>A screenshot of the price analysis report within the marketing strategy simulation, StratSimMarketing, offering insights on decisions and their impact.</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_145005'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_145005' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_861011'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_861011' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! StratSimMarketing has been trusted for over a decade by 220+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.darden.virginia.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/UVA.jpg" alt="Image of University of Virginia Darden School of Business icon- StratSimMarketing, our marketing strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/UVA.jpg" alt="Image of University of Virginia Darden School of Business icon- StratSimMarketing, our marketing strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://umich.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/U-M_Logo-Hex.png" alt="University of Michigan-a distinguished institution that incorporates our Marketing Management simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/U-M_Logo-Hex.png" alt="University of Michigan-a distinguished institution that incorporates our Marketing Management simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://welcome.miami.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Miami.png" alt="Image of University of Miami icon- StratSimMarketing, our marketing strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Miami.png" alt="Image of University of Miami icon- StratSimMarketing, our marketing strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.byu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Brigham-Young-University.png" alt="Image of Brigham Young University icon- StratSimMarketing, our marketing strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Brigham-Young-University.png" alt="Image of Brigham Young University icon- StratSimMarketing, our marketing strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.vcu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Virginia-Commonwealth-University.png" alt="Image of Virginia Commonwealth University icon- StratSimMarketing, our marketing strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Virginia-Commonwealth-University.png" alt="Image of Virginia Commonwealth University icon- StratSimMarketing, our marketing strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.tntech.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Tennessee-Tech-University.jpg" alt="Image of Tennessee Tech University icon- StratSimMarketing, our marketing strategy simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Tennessee-Tech-University.jpg" alt="Image of Tennessee Tech University icon- StratSimMarketing, our marketing strategy simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >MARKETING STRATEGY SIMULATION</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is StratSimMarketing?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>StratSimMarketing is a cutting-edge marketing strategy simulation based on the automobile industry, designed to offer a rich, dynamic learning experience for students. The focus on practical implementation of strategic marketing principles sets it apart, allowing students to develop a market-oriented perspective while understanding the intricacies of a complex industry.</h6>

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			<h6>StratSimMarketing encourages learners to apply and test their theoretical knowledge in a risk-free yet competitive environment. It enables them to analyze competitors, understand customer needs, and make strategic decisions regarding product development and resource allocation.</h6>

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			<h6>Our marketing strategy simulation promises an engaging and insightful pedagogical tool for any business instructor aiming to enhance students&#8217; grasp of marketing strategy.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS StratSimMarketing THE RIGHT MARKETING strategy SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">StratSimMarketing is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Identify strategic options. Write a strategic plan. Monitor implementation of plan. Analyze competitive performance.					</div>
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									<h2>Marketing Environment</h2>
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						Distinguish internal / external factors. Define and use SWOT analysis. Define and use PESTEL analysis. Identify market opportunities. Respond to a changing environment.					</div>
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									<h2>Marketing Research</h2>
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						Define marketing research. Identify tools for conducting research. Use tools to measure customer value.					</div>
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									<h2>Marketing Mix</h2>
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						Set price and dealer discounts. Identify ways of informing customer. Estimate impact of marketing decisions. Manage distribution of products.					</div>
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									<h2>Finance and Operations</h2>
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						Forecast production requirements. Manage plant capacity growth. Project and fund capital needs. Evaluate investment options. Analyze financial performance.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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									<h2>Creative Thinking</h2>
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						Handle uncertainty and ambiguity. Develop new approaches when conditions change. Determine product/company branding and design.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Marketing Strategy</span><br />
<span style="color: #ffffff;">Marketing Management</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197679447"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196261251" >DIFFICULTY LEVEL</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Advanced</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197692898"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196286482" >AUTHORS</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/thomas-kinnear/">Thomas Kinnear</a>, <a style="color: #ffffff;" href="https://www.interpretive.com/index.php/stu-james/">Stuart James</a>,</span><br />
<span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/michael-deighan/">Michael Deighan</a></span></p>

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        FIRST-TIME INSTRUCTORS    </span>
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<span class="qode-accordion-mark">
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			<h6>At Interpretive, we ensure your journey with our Marketing Strategy simulation is smooth and supported. We&#8217;re dedicated to delivering outstanding customer service, evident in the high praise our seasoned customer support team regularly receives. Here&#8217;s what our commitment to your satisfaction entails:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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</div><a  itemprop="url" href="https://www.interpretive.com/instructors/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">First-time instructor guide</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our marketing management simulation, PharmaSim." title="Instructor Engaged with our marketing management simulation, PharmaSim" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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</div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684202746284 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode_video_box">
	<a itemprop="image" class="qode_video_image" href="https://vimeo.com/351448668" data-rel="prettyPhoto">
					<img loading="lazy" decoding="async" width="800" height="450" src="https://www.interpretive.com/wp-content/uploads/2023/05/StratSimMarketing-01.jpg" class="attachment-full size-full" alt="Short Demo Video of StratSimMarketing, Marketing Strategy Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/StratSimMarketing-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimMarketing-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimMarketing-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimMarketing-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimMarketing-01-539x303.jpg 539w" sizes="auto, (max-width: 800px) 100vw, 800px" />			<span class="qode_video_box_button_holder">
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our marketing strategy simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1685037603859 grid_section" style='background-color:#ffffff; padding-top:200px; padding-bottom:200px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/instructors/" target="_blank">ASSESSMENT TOOLS</a></h2><div class="vc_empty_space"  style="height: 30px" >
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<h6><span style="color: #ffffff;">The Marketing Strategy simulation, StratSimMarketing, combined with the quizzes and assignments give you the tools to assess your students’ understanding of the concepts of strategic marketing. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>
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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Assignments</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Simulation Results</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Quizzes</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='20' class='progress_content' style='background-color: #09809e;'></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684201005427 grid_section disable_negative_margin" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/assignments/" target="_blank">ASSIGNMENTS MODULE</a></h2><div class="vc_empty_space"  style="height: 20px" >
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<h6><span style="color: #ffffff;">Experience the convenience of fully online simulation assignments with StratSimMarketing, our marketing strategy simulation! With our innovative Assignments Module, there&#8217;s no need for PDFs or downloads. Assignments are easily accessed and completed through a user-friendly online interface. Plus, some tasks can be auto-graded, saving valuable time for instructors. Getting started is simple &#8211; we provide a comprehensive guide and video tutorial to familiarize you with the interface. Alternatively, you can explore it on your own after login. For further details, feel free to contact us!</span></h6>
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</div><a  itemprop="url" href="https://www.interpretive.com/assignments/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#fdc323" class="qbutton  center default" style="color: #fdc323; border-color: #09809e; background-color:#ffffff;">Assignments Module</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-cards-gallery-holder right" data-side=right>
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                                    <img decoding="async" src="#" alt="" class="qode-lazy-image" data-image="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-2.png" style="width:1111px;height:1px"data-ratio="0.67866786678668" data-lazy="true" />
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        <img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_9-2.png" alt="">
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</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1685038202152 grid_section" style='background-color:#09809e; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1685468407728" >Bundle Ebooks with StratSimMarketing simulation</h3><div class="separator  normal   " style="background-color: custom;"></div>
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			<h6 style="text-align: center;"><span style="color: #ffffff;">With Wessex Press, we have bundling opportunities which bring the best materials for teaching Marketing Strategy together into one package. Two eBooks by Noel Capon from Columbia University are currently available to be bundled with the StratSimMarketing simulation:</span></h6>

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			<h6><strong>The even-start scenario</strong> has teams starting from the same position, presents a number of market opportunities, and allows flexibility in the number of teams per industry.</h6>
<h6><strong>The unique-start scenario</strong> consists of five firms, each with a unique identity, and provides the opportunity for more complex analysis at the start of the simulation.</h6>
<h6><strong>3+3 scenario</strong> divides firms into three value-oriented high-volume producers and three high-end low-volume manufacturers (other team configurations are possible as well).</h6>

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			<h6>StratSimMarketing proves highly effective in Marketing Strategy and Business Strategy classes. It&#8217;s well-suited for graduate-level courses, yet adaptable for advanced undergraduate levels.</h6>

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			<h6> For optimal collaboration and decision-making experience, we suggest forming teams of 3-4 students. Larger groups can struggle with decision-making, while teams of 2 may lack the diversity of opinion, fostering the healthy disagreement crucial for robust strategic planning.</h6>

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			<h6>The simulation spans a minimum of six periods and a maximum of ten periods, with each period representing a business year. Students should anticipate spending between two to two and a half hours per period for decision-making.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access.</a> This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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Marketing Strategy Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><div class='testimonials_c_holder clearfix dark'><div class="testimonials_c testimonials_c_carousel" data-show-navigation="yes" data-animation-speed="" data-auto-rotate-slides="10" data-number-per-slide="2"><ul class="slides"><li id="testimonials-c-15972" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Srdan-Zdravkovic-Bryant-University-150x150.jpg" alt="Srdan Zdravkovic - Implementing StratSimMarketing, our marketing strategy simulation at Bryant University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >With the simulation students start to understand how system works, instead of looking at each discipline in isolation. They realize the importance of environmental scanning and understanding what competition, government, and nature will do and how this will influence their business.  Finally, the simulation points out to students that success does not happen overnight. They have to work hard and be persistent in their efforts in order to achieve their goals.</p><p class="testimonial_author" style="">Srdan Zdravkovic - Bryant University</p></div></div></div></li><li id="testimonials-c-15974" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/grace-150x150.jpg" alt="Grace Zimmerman - Implementing StratSimMarketing, our marketing strategy simulation at Brandeis University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Simulations inject competition, consequences and the critical temporal variable into traditional case study analysis. It is as close to the real world business environment as you can get in a classroom. And it is fun. Today’s students are gamers. They love this online, competitive gaming situation. Simulations are a win-win for all.</p><p class="testimonial_author" style="">Grace Zimmerman - Brandeis University</p></div></div></div></li><li id="testimonials-c-19389" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/Nathalie-Dens-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I have been using StratSimMarketing for years. The peer-to-peer competition is engaging and the decisions students need to make are relevant to help them understand not only marketing, but also the value of research, operations and finance. I also appreciate the flexibility in turning some options on or off, and the responsive support team.</p><p class="testimonial_author" style="">Nathalie Dens, James Madison University </p></div></div></div></li><li id="testimonials-c-19330" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/steven-cox-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Students love the competition and the simulation allows them to engage with other students in a realistic scenario. A textbook looks at marketing topics individually, the simulation provides an opportunity for students to integrate the information from the chapters into a consistent strategy.</p><p class="testimonial_author" style=""> Steven Cox, Queens University of Charlotte</p></div></div></div></li><li id="testimonials-c-15973" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/James-R.-Stock-University-of-South-Florida.jpg" alt="James R. Stock - Implementing StratSimMarketing, our marketing strategy simulation at University of South Florida" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I have used the StratSimMarketing simulation for several terms now in my MBA Marketing Strategy course at the University of South Florida Muma College of Business and students have been very pleased with it, especially as it helps them to apply the marketing management principles they learned in other courses.</p><p class="testimonial_author" style="">James R. Stock - University of South Florida</p></div></div></div></li><li id="testimonials-c-19318" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/MichelleYoder-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I find StratSim provides an excellent amount of realism and really pushes students to integrate what they know about various functional areas.  Interpretive provides exceptional service and support for Instructors and Students alike.</p><p class="testimonial_author" style="">Michele Yoder, York college of Pennsylvania </p></div></div></div></li></ul></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684867129989 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >LATEST UPDATES AND NEWS</h2><div class="vc_empty_space"  style="height: 40px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/marketing-strategy-simulation/">Marketing Strategy Simulation-StratSimMarketing</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>International Marketing simulation-CountryManager</title>
		<link>https://www.interpretive.com/business-simulations/international-marketing-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Fri, 26 May 2023 13:33:55 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19991</guid>

					<description><![CDATA[<p>Enhance your course with our International Marketing Simulation. Hands-on tool for teaching international market strategy and decision-making.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/international-marketing-simulation/">International Marketing simulation-CountryManager</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >International Marketing simulation</h3><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">CountryManager is an engaging international marketing simulation <span class="ui-provider hb b c d e f g h i j k l m n o p q r s t u v w x y z ab ac ae af ag ah ai aj ak" dir="ltr">where students navigate market entry and expansion into regions in Asia or Latin America</span>. Participants grapple with real-world marketing decisions such as distribution, SKU selection, pricing, and advertising. The simulation fosters an understanding of targeting consumer segments and positioning brands effectively, equipping students with invaluable skills for real-world international marketing scenarios.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/cm-ebook/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Integrated eBook &amp; Simulation Bundle</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="970" height="715" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-1.png" class="attachment-full size-full" alt="Screenshot of the user-friendly dashboard of CountryManager, our international marketing simulation, showcasing various decision-making tools and metrics." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-1.png 970w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-1-300x221.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-1-768x566.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_5-1-700x516.png 700w" sizes="auto, (max-width: 970px) 100vw, 970px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="969" height="716" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-4.png" class="attachment-full size-full" alt="Snapshot of a case video from CountryManager, our international marketing simulation, providing a multimedia learning experience on scenarios." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-4.png 969w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-4-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-4-768x567.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-4-700x517.png 700w" sizes="auto, (max-width: 969px) 100vw, 969px" /><div class="qode-ids-title"><h5>Case Video Preview in the International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="719" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-3.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of CountryManager, our international marketing simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-3.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-3-300x223.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-3-768x571.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-3-700x520.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>Reports Screen of the International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="967" height="716" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-2.png" class="attachment-full size-full" alt="Screenshot showing the Consumer reports screen of CountryManager, our international marketing simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-2.png 967w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-2-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-2-768x569.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-2-700x518.png 700w" sizes="auto, (max-width: 967px) 100vw, 967px" /><div class="qode-ids-title"><h5>International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="968" height="716" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-2.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of CountryManager, our international marketing simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-2.png 968w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-2-300x222.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-2-768x568.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-2-700x518.png 700w" sizes="auto, (max-width: 968px) 100vw, 968px" /><div class="qode-ids-title"><h5>International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="968" height="711" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-1.png" class="attachment-full size-full" alt="Screenshot of creative decision making in CountryManager, our international marketing simulation." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-1.png 968w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-1-300x220.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-1-768x564.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_8-1-700x514.png 700w" sizes="auto, (max-width: 968px) 100vw, 968px" /><div class="qode-ids-title"><h5>Unleashing Creativity in Decision-Making with International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="969" height="719" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-1.png" class="attachment-full size-full" alt="Screenshot displaying the decisions screen of CountryManager, our international marketing simulation, highlighting the interactive interface for strategic marketing decision-making." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-1.png 969w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-1-300x223.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-1-768x570.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_6-1-700x519.png 700w" sizes="auto, (max-width: 969px) 100vw, 969px" /><div class="qode-ids-title"><h5>Decision-Making with International Marketing simulation, CountryManager</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="970" height="714" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_7-1.png" class="attachment-full size-full" alt="A screenshot of the analysis report within CountryManager, our international marketing simulation, offering insights on decisions and their impact." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_7-1.png 970w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_7-1-300x221.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_7-1-768x565.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_7-1-700x515.png 700w" sizes="auto, (max-width: 970px) 100vw, 970px" /><div class="qode-ids-title"><h5>Analysis tools in the International Marketing simulation, CountryManager</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_594575'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_594575' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_260423'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_260423' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! CountryManager has been trusted for over a decade by 470+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.asu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/arizona.jpg" alt="Image of Arizona State University icon- CountryManager, our international marketing simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/arizona.jpg" alt="Image of Arizona State University icon- CountryManager, our international marketing simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://sc.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-South-Carolina.jpg" alt="Image of University of South Carolina icon- CountryManager, our international marketing simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-South-Carolina.jpg" alt="Image of University of South Carolina icon- CountryManager, our international marketing simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.usf.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-South-Florida-1.jpg" alt="Image of University of South Florida icon- CountryManager, our international marketing simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-South-Florida-1.jpg" alt="Image of University of South Florida icon- CountryManager, our international marketing simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.gwu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/George-Washington-University.png" alt="Image of George Washington University icon- CountryManager, our international marketing simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/George-Washington-University.png" alt="Image of George Washington University icon- CountryManager, our international marketing simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.stthomas.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-St.-Thomas-MN.jpg" alt="Image of University of St. Thomas - MN icon- CountryManager, our international marketing simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-St.-Thomas-MN.jpg" alt="Image of University of St. Thomas - MN icon- CountryManager, our international marketing simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="http://www.fullerton.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/California-State-University-Fullerton.jpg" alt="Image of California State University- Fullerton icon- CountryManager, our international marketing simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/California-State-University-Fullerton.jpg" alt="Image of California State University- Fullerton icon- CountryManager, our international marketing simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >INTERNATIONAL MARKETING SIMULATION</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is CountryManager?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>CountryManager, our International Marketing simulation, is an excellent resource for instructors, providing a realistic platform to teach students about international market entry and expansion. As educators, you can guide students to apply their knowledge in a practical context, managing Allstar Brands&#8217; leading product, Allsmile, in diverse global markets. The simulation enhances students&#8217; understanding of product management, marketing, and market entry strategies.</h6>

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			<h6>Two scenarios are available for different regions: Latin America or Asia.</h6>

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			<h6>CountryManager offers substantial benefits for your teaching strategy. It thrusts students into a competitive environment, compelling them to make decisions with both short and long-term impacts. The simulation also aids in developing students&#8217; skills in targeting consumer segments and effectively positioning brands. As instructors, you can leverage CountryManager to provide students with an immersive learning experience, effectively bridging the gap between theoretical knowledge and practical application.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS CountryManager THE RIGHT INTERNATIONAL MARKETING SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">CountryManager is designed with the following learning goals:</h6>

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			<i class="qode_icon_font_awesome fa fa-calendar qode-icon-element" ></i>		</span>
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									<h2>Planning &amp; Analysis</h2>
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						Use market research effectively. Create a regional marketing plan. Monitor implementation of the plan.					</div>
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									<h2>Market Entry</h2>
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						Evaluate country market opportunities. Identify steps in market entry. Distinguish standardization/localization.					</div>
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									<h2>Market Segmentation</h2>
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						Define ``segment`` in marketing terms. Identify segments in CountryManager. Match target segments with SKUs. Advertise to target segment.					</div>
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									<h2>Distribution</h2>
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						Describe flow of goods from mfr. to consumer. Identify differences among channels. Understand effect of MSRP and discounts on retail price. Choose appropriate mix for channel.					</div>
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									<h2>Financial</h2>
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						Evaluate plant location in the region. Understand impact of exchange rates on costs and profitability. Interpret country and regional contribution statements.					</div>
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									<h2>Creative Thinking</h2>
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						Handle uncertainty and ambiguity. Develop new approaches when conditions change. Determine product/company branding and design.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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									<h2>Experiential Learning</h2>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">International Marketing</span><br />
<span style="color: #ffffff;">International Business</span></p>

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			<p style="text-align: center;"><span style="color: #ffffff;">Advanced</span></p>

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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/martin-roth/">Martin Roth</a>, <a style="color: #ffffff;" href="https://www.interpretive.com/lawrence-feick/">Lawrence Feick</a></span><br />
<span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/index.php/stu-james/">Stuart James</a>, <a style="color: #ffffff;" href="https://www.interpretive.com/michael-deighan/">Michael Deighan</a></span></p>

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        FIRST-TIME INSTRUCTORS    </span>
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			<h6>At Interpretive, we ensure your journey with our International Marketing simulation is smooth and supported. We&#8217;re dedicated to delivering outstanding customer service, evident in the high praise our seasoned customer support team regularly receives. Here&#8217;s what our commitment to your satisfaction entails:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our marketing management simulation, PharmaSim." title="Instructor Engaged with our marketing management simulation, PharmaSim" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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					<img loading="lazy" decoding="async" width="800" height="450" src="https://www.interpretive.com/wp-content/uploads/2023/05/CountryManagerUpdate-01.jpg" class="attachment-full size-full" alt="Short Demo Video of CountryManager, International Marketing Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/CountryManagerUpdate-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/CountryManagerUpdate-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/CountryManagerUpdate-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/CountryManagerUpdate-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/CountryManagerUpdate-01-539x303.jpg 539w" sizes="auto, (max-width: 800px) 100vw, 800px" />			<span class="qode_video_box_button_holder">
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our international marketing simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1685110481747 grid_section" style='background-color:#fdc323; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<a href="https://www.interpretive.com/cm-ebook/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="816" height="1067" src="https://www.interpretive.com/wp-content/uploads/2026/04/FMEG-eBook.jpg" class="vc_single_image-img attachment-full" alt="FMEG eBook" title="FMEG eBook" srcset="https://www.interpretive.com/wp-content/uploads/2026/04/FMEG-eBook.jpg 816w, https://www.interpretive.com/wp-content/uploads/2026/04/FMEG-eBook-229x300.jpg 229w, https://www.interpretive.com/wp-content/uploads/2026/04/FMEG-eBook-783x1024.jpg 783w, https://www.interpretive.com/wp-content/uploads/2026/04/FMEG-eBook-768x1004.jpg 768w, https://www.interpretive.com/wp-content/uploads/2026/04/FMEG-eBook-700x915.jpg 700w" sizes="auto, (max-width: 816px) 100vw, 816px" /></div></a>
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</div><a  itemprop="url" href="https://www.interpretive.com/cm-ebook/" target="_self" data-hover-border-color="#ffffff" data-hover-color="#ffffff" class="qbutton  medium center default" style="color: #ffffff; border-color: #09809e; background-color:#09809e;">Review eBook bundle</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading vc_custom_1684246269706" >eBook integrated with our International Marketing simulation, CountryManager!</h1>
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			<h6><span style="color: #ffffff;">This is an end-to-end solution, combining the CountryManager simulation with a fresh contemporary text for international marketing classes, as well as integrated assignments, video resources, and additional cases!</span></h6>

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			<h6><span style="color: #ffffff;">Written by CountryManager’s co-author Martin Roth and his colleague and industry veteran Doug Quackenbos, the Foreign Market Entry &amp; Growth eBook provides a solid resource for students as they explore international marketing.</span></h6>

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			<a href="https://www.interpretive.com/martin-roth/" target="_blank"><div class="vc_single_image-wrapper vc_box_circle  vc_box_border_grey"><img loading="lazy" decoding="async" width="150" height="150" src="https://www.interpretive.com/wp-content/uploads/2021/07/MSRoth-Desk-Photo-1-scaled-e1684245562704-150x150.jpg" class="vc_single_image-img attachment-thumbnail" alt="" title="MSRoth Desk Photo 1" srcset="https://www.interpretive.com/wp-content/uploads/2021/07/MSRoth-Desk-Photo-1-scaled-e1684245562704-150x150.jpg 150w, https://www.interpretive.com/wp-content/uploads/2021/07/MSRoth-Desk-Photo-1-scaled-e1684245562704-570x570.jpg 570w, https://www.interpretive.com/wp-content/uploads/2021/07/MSRoth-Desk-Photo-1-scaled-e1684245562704-500x500.jpg 500w, https://www.interpretive.com/wp-content/uploads/2021/07/MSRoth-Desk-Photo-1-scaled-e1684245562704-1000x1000.jpg 1000w" sizes="auto, (max-width: 150px) 100vw, 150px" /></div></a>
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			<h6 style="text-align: left;"><span style="color: #ffffff;">Dr. Martin Roth</span></h6>

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			<a href="https://www.interpretive.com/douglas-quackenbos/" target="_blank"><div class="vc_single_image-wrapper vc_box_circle  vc_box_border_grey"><img loading="lazy" decoding="async" width="150" height="150" src="https://www.interpretive.com/wp-content/uploads/2021/07/Doug-Q-e1627487196842-150x150.jpg" class="vc_single_image-img attachment-thumbnail" alt="" title="Doug Q" srcset="https://www.interpretive.com/wp-content/uploads/2021/07/Doug-Q-e1627487196842-150x150.jpg 150w, https://www.interpretive.com/wp-content/uploads/2021/07/Doug-Q-e1627487196842-570x570.jpg 570w, https://www.interpretive.com/wp-content/uploads/2021/07/Doug-Q-e1627487196842-500x500.jpg 500w" sizes="auto, (max-width: 150px) 100vw, 150px" /></div></a>
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			<h6 class="wpb_heading wpb_singleimage_heading" style="text-align: left;"><span style="color: #ffffff;">Doug Quackenbos </span></h6>

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<h6><span style="color: #ffffff;">Combining our International Marketing simulation, CountryManager, with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of international marketing. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>
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<h6><span style="color: #ffffff;">Experience the convenience of fully online simulation assignments with CountryManager, our international marketing simulation! With our innovative Assignments Module, there&#8217;s no need for PDFs or downloads. Assignments are easily accessed and completed through a user-friendly online interface. Plus, some tasks can be auto-graded, saving valuable time for instructors. Getting started is simple &#8211; we provide a comprehensive guide and video tutorial to familiarize you with the interface. Alternatively, you can explore it on your own after login. For further details, feel free to contact us!</span></h6>
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			<h6>CountryManager is ideally suited for International or Global Marketing courses at the upper-level undergraduate or graduate level. There are certain settings that can be changed to make the simulation more or less complex to meet the needs of your class.</h6>

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			<h6>We recommend a team size of 3-4 students for the best collaborative experience. While teams of 2 are commonplace, they might lack the richness of diverse perspectives and constructive disagreement that larger teams offer. Teams larger than 4 may face collaboration challenges, which could impact the learning experience.</h6>

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			<h6>In the context of CountryManager, “benchmark” refers to each team competing in its own unique market environment against computer simulated companies. There are 4 MNC’s, as well as local and regional competitors.</h6>

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			<h6>The simulation spans a minimum of six periods and a maximum of ten periods, with each period representing a business year. Students should anticipate spending between one to one and a half hours per period for decision-making.</h6>

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			<h6>We’re excited to announce that “Foreign Market Entry and Growth” was written specifically to be used with CountryManager by Marty Roth and Doug Quackenbos. If you decide to use the eBook, the eBook is available on the course site and also includes chapter quizzes, additional assignments and cases to complete the experience. If you would like to adopt the bundle, please let your CRM know! The cost is $119.95 USD/student.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access</a>. This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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</div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200911953 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_825035'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_825035'><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >Discover why instructors choose CountryManager as their preferred<br />
International Marketing Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><div class='testimonials_c_holder clearfix dark'><div class="testimonials_c testimonials_c_carousel" data-show-navigation="yes" data-animation-speed="" data-auto-rotate-slides="10" data-number-per-slide="2"><ul class="slides"><li id="testimonials-c-15984" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Bill-Dillon-Southern-Methodist-University-150x150.jpg" alt="Bill Dillon Implementing CountryManager, our international marketing simulation at Southern Methodist University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Country Manager provides, through an experiential learning platform, an immersion into the role and responsibilities of marketing and brand managers. From a department perspective, the Country Manager experience has increased the marketing acumen of our average MBA student and has also has resulted in a greater number of students who express an interest in pursuing a marketing career.  Working with Interpretive has been delightful.  Their support staff has been super- their response time to correct student issues has been remarkable and have exceeded my expectation on all “service” dimensions.</p><p class="testimonial_author" style="">Bill Dillon - Southern Methodist University</p></div></div></div></li><li id="testimonials-c-15981" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Debbie-DeLong-Chatham-University-150x150.jpg" alt="Debbie DeLong Implementing CountryManager, our international marketing simulation at Chatham University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >The most important part of a simulation is experiencing the outcomes of decisions that they would not otherwise experience without the simulation. Good or bad, students gain an understanding of the consequences of their decisions and are empowered by the results they generate. Even if the aftermath of a given round is not particularly successful, it provides an engaging and often riveting opportunity to diagnose what went wrong and correct these errors. This would not be possible without living through the highs and lows of consecutive rounds of decision making using Country Manager. The simulation brings the material to life, makes my students excited to learn and apply their knowledge in this highly realistic industry environment.</p><p class="testimonial_author" style="">Debbie DeLong - Chatham University</p></div></div></div></li><li id="testimonials-c-15980" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Nancy-Haskell-Universite-Laval.png" alt="Nancy Haskell Implementing CountryManager, our international marketing simulation at University Laval" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >The depth and the realism of the Country Manager simulation obliges them to collaborate continually, to integrate and discuss their marketing knowledge and perceptions, and to learn to have confidence in students from other cultures.  They are at times very surprised to learn that different cultures think very differently about markets and marketing decisions. They would not have had such an opportunity to personally grow in a simple case analysis or term project.</p><p class="testimonial_author" style="">Nancy Haskell- Universite Laval</p></div></div></div></li><li id="testimonials-c-15982" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Mike-Gold-Montana-State-University-150x150.png" alt="Mike Gold Implementing CountryManager, our international marketing simulation at Montana State University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I used the Country Manager simulation last semester for the first time to teach a senior level International Marketing class. As teachers we tend to teach our students in a linear way, perhaps due to the fact that chapters in traditional text books are divided up by topic. One week we teach distribution, the next we teach cultural differences, the next pricing, etc. Using the simulation as the basis for the whole class enabled the students to get an understanding of how all the different variables interact and how important interdependent decision making becomes in the complex world of International marketing. It was a great experience for all concerned and I will be using it again next semester.</p><p class="testimonial_author" style="">Mike Gold - Montana State University   </p></div></div></div></li><li id="testimonials-c-19359" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/grody-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Not only do the students learn the subjects, they retain the information better than just using reading materials alone.  The weekly process of analyzing consumer and market data, making decisions based on that data, then analyzing the results of those decisions embeds the process in their minds.</p><p class="testimonial_author" style="">George Grody, Duke University</p></div></div></div></li><li id="testimonials-c-19395" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/Johannes-Kepler-University-Linz-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Interpretive will always be the first choice for my classes, in any country I am teaching . Of course, their simulations are excellent and super interesting and well elaborated, students love it and are really motivated, but other companies also have this. What Interpretive has that others don´t is the supporting Team that is simply PERFECT!</p><p class="testimonial_author" style="">Ivana Pereira Goulart, Johannes Kepler University Linz</p></div></div></div></li></ul></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684867129989 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >LATEST UPDATES AND NEWS</h2><div class="vc_empty_space"  style="height: 40px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/international-marketing-simulation/">International Marketing simulation-CountryManager</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Marketing Principles simulation-MarketShare</title>
		<link>https://www.interpretive.com/business-simulations/marketing-principles-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Fri, 26 May 2023 00:31:37 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19973</guid>

					<description><![CDATA[<p>Marketing Principles Simulation enhances learning by promoting experimentation, team collaboration, and strategic decision-making on the 4Ps of marketing.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/marketing-principles-simulation/">Marketing Principles simulation-MarketShare</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >MARKETING PRINCIPLES SIMULATION</h3><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">MarketShare, our Marketing Principles simulation, places the participants into a dynamic, simulated business environment of the packaged goods industry. Students take the role of the brand management team in an over-the-counter cold medicine group of their firm, learning about different aspects of marketing – from product design and pricing to advertising and selling.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1111" height="782" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-1.png" class="attachment-full size-full" alt="Screenshot of the user-friendly dashboard of MarketShare, our Marketing Principles simulation, showcasing various decision-making tools and metrics." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-1.png 1111w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-1-300x211.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-1-1024x721.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-1-768x541.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_3-1-700x493.png 700w" sizes="auto, (max-width: 1111px) 100vw, 1111px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the Marketing Principles simulation</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1133" height="779" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-3.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of MarketShare, our Marketing Principles simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-3.png 1133w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-3-300x206.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-3-1024x704.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-3-768x528.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-3-700x481.png 700w" sizes="auto, (max-width: 1133px) 100vw, 1133px" /><div class="qode-ids-title"><h5>Reports Screen of the Marketing Principles simulation</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1133" height="779" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-1.png" class="attachment-full size-full" alt="Screenshot displaying the decisions screen of MarketShare, our Marketing Principles simulation, highlighting the interactive interface for strategic marketing decision-making." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-1.png 1133w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-1-300x206.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-1-1024x704.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-1-768x528.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_4-1-700x481.png 700w" sizes="auto, (max-width: 1133px) 100vw, 1133px" /><div class="qode-ids-title"><h5>Decisions Screen of the Marketing Principles simulation</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1129" height="778" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-2.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of MarketShare, our Marketing Principles simulation, showcasing detailed analysis and outcomes of strategic marketing decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-2.png 1129w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-2-300x207.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-2-1024x706.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-2-768x529.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_2-2-700x482.png 700w" sizes="auto, (max-width: 1129px) 100vw, 1129px" /><div class="qode-ids-title"><h5>Marketing Principles simulation survey report</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_741024'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_741024' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_170202'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_170202' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! MarketShare has been trusted for over a decade by 160+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.northeastern.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Northeastern-University-1.jpg" alt="Image of Northeastern University icon- MarketShare, our Marketing Principles simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Northeastern-University-1.jpg" alt="Image of Northeastern University icon- MarketShare, our Marketing Principles simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.francis.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Saint-Francis-University.png" alt="Image of Saint Francis University icon- MarketShare, our Marketing Principles simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Saint-Francis-University.png" alt="Image of Saint Francis University icon- MarketShare, our Marketing Principles simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.vaniercollege.qc.ca/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Vanier-College.jpg" alt="Image of Vanier College icon- MarketShare, our Marketing Principles simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Vanier-College.jpg" alt="Image of Vanier College icon- MarketShare, our Marketing Principles simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.purdue.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Purdue-University.jpg" alt="Image of Purdue University icon- MarketShare, our Marketing Principles simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Purdue-University.jpg" alt="Image of Purdue University icon- MarketShare, our Marketing Principles simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.calu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/PennWest-California.jpg" alt="Image of PennWest - California icon- MarketShare, our Marketing Principles simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/PennWest-California.jpg" alt="Image of PennWest - California icon- MarketShare, our Marketing Principles simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.fau.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Florida-Atlantic-University.jpg" alt="Image of Florida Atlantic University icon- MarketShare, our Marketing Principles simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Florida-Atlantic-University.jpg" alt="Image of Florida Atlantic University icon- MarketShare, our Marketing Principles simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >MARKETING PRINCIPLES SIMULATION</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >MarketShare</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>MarketShare is a practical, engaging business simulation, perfect for supplementing Marketing Principles or second semester marketing classes. Students step into the shoes of a brand manager for an over-the-counter cold medicine team, experiencing real-world market analysis and decision-making scenarios. While the simulation simplifies the complexity of the packaged goods industry, it retains sufficient realism to enrich the learning experience.</h6>

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			<h6>One of the key benefits of MarketShare is that it allows students to experiment with the 4Ps of marketing—Product, Price, Place, and Promotion—in a simulated, risk-free environment. Working in teams, they face simulated competitors, responding to changing market dynamics, all while honing their collaborative decision-making skills.</h6>

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			<h6>MarketShare helps students understand the broader applicability of marketing concepts, beyond just the packaged goods industry. It fosters a deeper understanding of market segmentation, customer targeting, distribution motivation, and pricing strategies. This comprehensive learning tool, spanning up to six simulated years, provides insights into both the short-term and long-term impacts of marketing decisions.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS MarketShare THE RIGHT Marketing Principles simulation FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">MarketShare is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Write a strategic plan. Create simple spreadsheet tools.					</div>
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									<h2>Product</h2>
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						Define “product” in marketing terms. Explain product life cycle. Understand importance of product development. Improve product in simulation.					</div>
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									<h2>Pricing</h2>
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						Calculate break-even price. Identify different responses to price. Estimate sales impact of price change. Calculate gross margin.					</div>
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									<h2>Place</h2>
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						Know what a distribution channel is. Describe flow of goods from manufacturer to consumer. Identify factors for product placement.					</div>
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									<h2>Promotion</h2>
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						Define “promotion” in marketing. Explain impact of different kinds of promotion. Describe push/pull promotion strategies. Select promotion mix for target market.					</div>
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									<h2>Market Research</h2>
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						Define “segment” in marketing terms. Describe consumer purchase process. Use market research effectively.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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									<h2>Experiential Learning</h2>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Marketing Principles</span><br />
<span style="color: #ffffff;">Introduction to Marketing</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197679447"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196261251" >DIFFICULTY LEVEL</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Intermediate</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197692898"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196286482" >AUTHORS</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/harlan-spotts/">Harlan Spotts</a>, <a style="color: #ffffff;" href="https://www.interpretive.com/index.php/stu-james/">Stuart W. James</a>,</span><br />
<span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/michael-deighan/">Michael Deighan</a></span></p>

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        FIRST-TIME INSTRUCTORS    </span>
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			<h6>At Interpretive, we ensure your journey with our Marketing Principles simulation is smooth and supported. We&#8217;re dedicated to delivering outstanding customer service, evident in the high praise our seasoned customer support team regularly receives. Here&#8217;s what our commitment to your satisfaction entails:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our introduction to marketing simulation, NewShoes" title="Instructor Engaged with our Introduction to Marketing simulation." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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					<img loading="lazy" decoding="async" width="800" height="450" src="https://www.interpretive.com/wp-content/uploads/2023/05/MarketShare-01.jpg" class="attachment-full size-full" alt="Short Demo Video of MarketShare, Marketing Principles Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/MarketShare-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/MarketShare-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/MarketShare-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/MarketShare-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/MarketShare-01-539x303.jpg 539w" sizes="auto, (max-width: 800px) 100vw, 800px" />			<span class="qode_video_box_button_holder">
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our Marketing Principles simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1685028428276 grid_section" style='background-color:#ffffff; padding-top:200px; padding-bottom:200px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/instructors/" target="_blank">ASSESSMENT TOOLS</a></h2><div class="vc_empty_space"  style="height: 30px" >
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<h6><span style="color: #ffffff;">Combining our simulation MarketShare with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of marketing. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>
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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Assignments</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Simulation Results</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Quizzes</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='20' class='progress_content' style='background-color: #09809e;'></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684252797991 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="font-size: 24px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Got questions? Find answers!</h1><div class="vc_empty_space"  style="height: 40px" >
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        Which classes is this simulation suitable for?    </span>
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			<h6>MarketShare is primarily designed for Principles of Marketing classes. It stands between <a href="https://www.interpretive.com/blog/business-simulations/introduction-to-marketing-simulation/">NewShoes</a> and <a href="https://www.interpretive.com/blog/business-simulations/marketing-management-simulation/">PharmaSim</a> in complexity, catering to 200/300 level courses and focusing more on product management. This simulation offers a data-driven learning experience.</h6>

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        What is the ideal team size for the simulation?    </span>
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			<h6>Ideally, form teams of 3-4 students. This size promotes collaboration for decision-making—a crucial aspect of the simulation experience. While teams of 2 are common, they often lack the diversity of opinion and healthy disagreements you find in slightly larger teams.</h6>

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			<h6>In MarketShare, &#8216;benchmark&#8217; refers to each team competing in its own unique scenario, even though they face competition generated by the simulation model.</h6>

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        How long does the simulation last?    </span>
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			<h6>MarketShare can be run for six periods, with each period representing a business year. Students typically spend around 45 minutes to an hour to complete each period.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access.</a> This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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Marketing Principles Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><div class='testimonials_c_holder clearfix dark'><div class="testimonials_c testimonials_c_carousel" data-show-navigation="yes" data-animation-speed="" data-auto-rotate-slides="10" data-number-per-slide="2"><ul class="slides"><li id="testimonials-c-19324" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/Laura-Downey-Purdue-University-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >The MarketShare simulation has allowed my students to experience marketing in a way that no other classroom activity can duplicate.  Every semester a sizable portion of my class lists it as their favorite part of the course.  And the  support Interpretive provides both me and my students is top notch, which allows me to concentrate on teaching rather than tech support.</p><p class="testimonial_author" style="">Laura Downey, Purdue University </p></div></div></div></li><li id="testimonials-c-15978" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Roberta-Schultz-University-of-Arizona-150x150.jpg" alt="Roberta Schultz Implementing MarketShare, our Marketing Principles simulation at University of Arizona" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I have used the MarketShare simulation for the past four years with over 200 students per year.  The simulation fits perfectly into university and college of business engagement goals of providing activities that are student-centered approaches to learning that build on classroom lectures and materials to further develop professional and personal skills through application.</p><p class="testimonial_author" style="">Roberta Schultz - University of Arizona</p></div></div></div></li><li id="testimonials-c-15979" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/Jason-MacDonald-Boise-State-University-150x150.jpg" alt="Jason MacDonald Implementing MarketShare, our Marketing Principles simulation at Boise State University" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Your team has the best customer service that I've ever seen for an academic product!</p><p class="testimonial_author" style="">Jason MacDonald - Boise State University</p></div></div></div></li></ul></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684867129989 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >LATEST UPDATES AND NEWS</h2><div class="vc_empty_space"  style="height: 40px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/marketing-principles-simulation/">Marketing Principles simulation-MarketShare</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Marketing Management simulation-PharmaSim</title>
		<link>https://www.interpretive.com/business-simulations/marketing-management-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Thu, 25 May 2023 16:46:22 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19951</guid>

					<description><![CDATA[<p>Our marketing management simulation, offers a practical, hands-on approach to learning, fostering critical thinking and strategic decision-making skills.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/marketing-management-simulation/">Marketing Management simulation-PharmaSim</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >marketing management simulation</h3><div class="vc_empty_space"  style="height: 10px" >
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</div><h1 style="font-size: 46px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >PharmaSim</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: left;">PharmaSim is a dynamic marketing management simulation that immerses students in the world of brand management within the over-the-counter cold medicine industry. As part of a marketing team, students navigate decisions on product mix, pricing, distribution, and promotion, competing against simulated competitors and learning the far-reaching implications of their choices.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="yes" data-auto-start="yes" data-timeout="5000"><ul class="slides"><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1159" height="752" src="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1.png" class="attachment-full size-full" alt="Screenshot of the user-friendly dashboard of the marketing management simulation, PharmaSim, showcasing various decision-making tools and metrics." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1.png 1159w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1-300x195.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1-1024x664.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1-768x498.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1-400x260.png 400w, https://www.interpretive.com/wp-content/uploads/2023/05/Screenshot_1-1-700x454.png 700w" sizes="auto, (max-width: 1159px) 100vw, 1159px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the marketing management simulation, PharmaSim</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1161" height="749" src="https://www.interpretive.com/wp-content/uploads/2023/05/case-2.png" class="attachment-full size-full" alt="Snapshot of a case video from the marketing management simulation, PharmaSim, providing a multimedia learning experience scenario." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/case-2.png 1161w, https://www.interpretive.com/wp-content/uploads/2023/05/case-2-300x194.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/case-2-1024x661.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/case-2-768x495.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/case-2-700x452.png 700w" sizes="auto, (max-width: 1161px) 100vw, 1161px" /><div class="qode-ids-title"><h5>Case Video Preview in the marketing management simulation, PharmaSim</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1165" height="751" src="https://www.interpretive.com/wp-content/uploads/2023/05/reports-3.png" class="attachment-full size-full" alt="Screenshot showing the reports screen of the marketing management simulation, PharmaSim, showcasing detailed analysis and outcomes of strategic decisions." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/reports-3.png 1165w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-3-300x193.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-3-1024x660.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-3-768x495.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/reports-3-700x451.png 700w" sizes="auto, (max-width: 1165px) 100vw, 1165px" /><div class="qode-ids-title"><h5>Reports Screen of the marketing management simulation, PharmaSim</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1157" height="745" src="https://www.interpretive.com/wp-content/uploads/2023/05/decision-1.png" class="attachment-full size-full" alt="Screenshot displaying the decisions screen of the marketing management simulation, PharmaSim, highlighting the interactive interface for strategic marketing decision-making." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/decision-1.png 1157w, https://www.interpretive.com/wp-content/uploads/2023/05/decision-1-300x193.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/decision-1-1024x659.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/decision-1-768x495.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/decision-1-700x451.png 700w" sizes="auto, (max-width: 1157px) 100vw, 1157px" /><div class="qode-ids-title"><h5>Screenshot displaying the decisions screen of the marketing management simulation, PharmaSim, highlighting the interactive interface for strategic marketing decision-making.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1162" height="747" src="https://www.interpretive.com/wp-content/uploads/2023/05/analysis.png" class="attachment-full size-full" alt="A screenshot of the price analysis report within the marketing management simulation, PharmaSim, offering insights on decisions and their impact." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/analysis.png 1162w, https://www.interpretive.com/wp-content/uploads/2023/05/analysis-300x193.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/analysis-1024x658.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/analysis-768x494.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/analysis-700x450.png 700w" sizes="auto, (max-width: 1162px) 100vw, 1162px" /><div class="qode-ids-title"><h5>A screenshot of the price analysis report within the marketing management simulation, PharmaSim, offering insights on decisions and their impact.</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1160" height="748" src="https://www.interpretive.com/wp-content/uploads/2023/05/creative-2.png" class="attachment-full size-full" alt="Screenshot of creative decision making in the marketing management simulation, PharmaSim" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/creative-2.png 1160w, https://www.interpretive.com/wp-content/uploads/2023/05/creative-2-300x193.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/creative-2-1024x660.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/creative-2-768x495.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/creative-2-700x451.png 700w" sizes="auto, (max-width: 1160px) 100vw, 1160px" /><div class="qode-ids-title"><h5>Unleashing Creativity in Decision-Making with marketing management simulation, PharmaSim</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_215911'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_215911' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_311183'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_311183' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! PharmaSim has been trusted for over a decade by 400+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://duke.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/duke.png" alt="Duke University- a distinguished institution that incorporates our Marketing Management simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/duke.png" alt="Duke University- a distinguished institution that incorporates our Marketing Management simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://umich.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/U-M_Logo-Hex.png" alt="University of Michigan-a distinguished institution that incorporates our Marketing Management simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/U-M_Logo-Hex.png" alt="University of Michigan-a distinguished institution that incorporates our Marketing Management simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.bu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/BU.png" alt="Boston University-a distinguished institution that incorporates our Marketing Management simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/BU.png" alt="Boston University-a distinguished institution that incorporates our Marketing Management simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.gatech.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Georgia-Institute-of-Technology.png" alt="Georgia Institute of Technology- a distinguished institution that incorporates our Marketing Management simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Georgia-Institute-of-Technology.png" alt="Georgia Institute of Technology- a distinguished institution that incorporates our Marketing Management simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.fordham.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Fordham-University-.jpg" alt=" Fordham University- Marketing Management simulation User" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Fordham-University-.jpg" alt=" Fordham University- Marketing Management simulation User" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.osu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Ohio-State-University.png" alt="Ohio State University- a distinguished institution that incorporates our Marketing Management simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Ohio-State-University.png" alt="Ohio State University- a distinguished institution that incorporates our Marketing Management simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >MARKETING MANAGEMENT SIMULATION</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is PharmaSim?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>Explore brand management with PharmaSim, a marketing management simulation rooted in the over-the-counter cold medicine industry. Our simulation lets students step into the role of a marketing team member for Allstar Brands, navigating critical decisions concerning product mix, pricing, distribution, advertising, and promotion. Each choice they make will elicit responses from computer-simulated competitors, enhancing their understanding of the interconnected nature of marketing decisions.</h6>

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			<h6>PharmaSim comes with three complexity levels &#8211; &#8220;Brand Assistant,&#8221; &#8220;Assistant Brand Manager,&#8221; and &#8220;Brand Manager,&#8221; each offering varying degrees of decision-making detail and report availability. Instructors can customize the simulation experience based on their teaching goals, including scenarios, assignments, and even decision replays, promoting active experimentation among students.</h6>

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			<h6>With a simulated timespan of up to 10 years, students can witness both the immediate and long-term effects of their decisions, providing a rich environment to practice situation analysis, market segmentation, targeting, and the integration of marketing decisions with analysis.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS PharmaSim THE RIGHT MARKETING MANAGEMENT SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">PharmaSim is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Write a marketing plan. Monitor implementation of plan. Use market research effectively.					</div>
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									<h2>Market Segmentation</h2>
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						Define “segment” in marketing terms. Identify segments in PharmaSim. Match target segments with products.					</div>
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									<h2>Consumer Behavior</h2>
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						Describe the purchase process. Identify problems with purchase process. Adjust marketing mix to influence behavior.					</div>
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									<h2>Marketing Mix</h2>
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						Identify the 4 P’s of marketing. Describe push/pull promotion strategies. Use appropriate mix for target markets. Measure efficiency of decisions.					</div>
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									<h2>Channel Management</h2>
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						Describe flow of goods from manufacturer to consumer. Explain impact of discounts and promotion. Choose appropriate mix for channel.					</div>
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									<h2>Product Management</h2>
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						Explain product life cycle. Choose portfolio of products. Adjust marketing for each product. Allocate resources among products.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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									<h2>Experiential Learning</h2>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Marketing Management</span><br />
<span style="color: #ffffff;">Brand Management</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197679447"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196261251" >DIFFICULTY LEVEL</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Advanced</span></p>

		</div>
	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197692898"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196286482" >AUTHORS</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/thomas-kinnear/">Thomas Kinnear</a>, <a style="color: #ffffff;" href="https://www.interpretive.com/index.php/stu-james/">Stuart James</a>,</span><br />
<span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/michael-deighan/">Michael Deighan</a></span></p>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684503530911 grid_section" style='background-color:#ffffff; padding-top:20px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-accordion-holder clearfix qode-toggle qode-initial ">
	<h3 class="clearfix qode-title-holder">
<span class="qode-tab-title">
	    <span class="qode-tab-title-inner">
        FIRST-TIME INSTRUCTORS    </span>
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<span class="qode-accordion-mark">
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        <span class="icon_plus"></span>
        <span class="icon_minus-06"></span>
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<div  class="qode-accordion-content " >
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        <div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<h6>At Interpretive, we ensure your journey with our Marketing Management simulation is smooth and supported. We&#8217;re dedicated to delivering outstanding customer service, evident in the high praise our seasoned customer support team regularly receives. Here&#8217;s what our commitment to your satisfaction entails:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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<p></div><div class="vc_empty_space"  style="height: 30px" >
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</div><a  itemprop="url" href="https://www.interpretive.com/instructors/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">First-time instructor guide</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper">
	<div class="wpb_single_image wpb_content_element vc_align_right">
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our marketing management simulation, PharmaSim." title="Instructor Engaged with our marketing management simulation, PharmaSim" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-6.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-6-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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</div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684202746284 grid_section" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-8"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode_video_box">
	<a itemprop="image" class="qode_video_image" href="https://vimeo.com/325286484" data-rel="prettyPhoto">
					<img loading="lazy" decoding="async" width="800" height="450" src="https://www.interpretive.com/wp-content/uploads/2023/05/PharmaSim-01.jpg" class="attachment-full size-full" alt="Short Demo Video of marketing management simulation, PharmaSim." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/PharmaSim-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/PharmaSim-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/PharmaSim-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/PharmaSim-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/PharmaSim-01-539x303.jpg 539w" sizes="auto, (max-width: 800px) 100vw, 800px" />			<span class="qode_video_box_button_holder">
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</div><h2 style="font-size: 24px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Request your demo access to learn more about our marketing management simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
	<span class="vc_empty_space_inner">
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</div><a  itemprop="url" href="https://www.interpretive.com/request-a-demo/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Request your free demo</a></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1685037603859 grid_section" style='background-color:#ffffff; padding-top:200px; padding-bottom:200px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/instructors/" target="_blank">ASSESSMENT TOOLS</a></h2><div class="vc_empty_space"  style="height: 30px" >
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<h6><span style="color: #ffffff;">Combining our simulation PharmaSim with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of marketing. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>
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</div>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Assignments</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Simulation Results</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='40' class='progress_content' style='background-color: #09809e;'></div></div></div><div class='q_progress_bar'><h5 class='progress_title_holder clearfix' style='color: #ffffff;'><span class='progress_title'><span>Quizzes</span></span><span class='progress_number' style=''><span>0</span>%</span></h5><div class='progress_content_outer' style=''><div data-percentage='20' class='progress_content' style='background-color: #09809e;'></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684201005427 grid_section disable_negative_margin" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/assignments/" target="_blank">ASSIGNMENTS MODULE</a></h2><div class="vc_empty_space"  style="height: 20px" >
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<h6><span style="color: #ffffff;">Experience the convenience of fully online simulation assignments with PharmaSim, our marketing management simulation! With our innovative Assignments Module, there&#8217;s no need for PDFs or downloads. Assignments are easily accessed and completed through a user-friendly online interface. Plus, some tasks can be auto-graded, saving valuable time for instructors. Getting started is simple &#8211; we provide a comprehensive guide and video tutorial to familiarize you with the interface. Alternatively, you can explore it on your own after login. For further details, feel free to contact us!</span></h6>
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</div><a  itemprop="url" href="https://www.interpretive.com/assignments/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#fdc323" class="qbutton  center default" style="color: #fdc323; border-color: #09809e; background-color:#ffffff;">Assignments Module</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="qode-cards-gallery-holder right" data-side=right>
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                                    <img decoding="async" src="#" alt="" class="qode-lazy-image" data-image="https://www.interpretive.com/wp-content/uploads/2023/05/assignmnets-1.png" style="width:1311px;height:1px"data-ratio="0.7025171624714" data-lazy="true" />
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                                    <img decoding="async" src="#" alt="" class="qode-lazy-image" data-image="https://www.interpretive.com/wp-content/uploads/2023/05/preview-4.png" style="width:1327px;height:1px"data-ratio="0.69178598342125" data-lazy="true" />
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                                    <img decoding="async" src="#" alt="" class="qode-lazy-image" data-image="https://www.interpretive.com/wp-content/uploads/2023/05/assign-3.png" style="width:1316px;height:1px"data-ratio="0.6854103343465" data-lazy="true" />
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        <img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/05/assign-3.png" alt="">
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</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1685038202152 grid_section" style='background-color:#09809e; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1685038235026" >Bundle Ebooks with PharmaSim simulation</h3><div class="separator  normal   " style="background-color: custom;"></div>
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			<h6 style="text-align: center;"><span style="color: #ffffff;">With Wessex Press, we have bundling opportunities which bring the best materials for teaching Marketing Management or Marketing Strategy together into one package. Two eBooks by Noel Capon from Columbia University are currently available to be bundled with the PharmaSim simulation:</span></h6>

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	</div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:20px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><a  itemprop="url" href="https://www.interpretive.com/e-book-bundle/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">Review Noel Capon’s eBook bundle options</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684252797991 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h1 style="font-size: 24px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Got questions? Find answers!</h1><div class="vc_empty_space"  style="height: 40px" >
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			<h6>PharmaSim is an excellent fit for Marketing Management and Brand Management classes, and can be adapted for both undergraduate and graduate programs. With varying complexity levels ranging from &#8220;Brand Assistant&#8221; to &#8220;Brand Manager&#8221;, PharmaSim&#8217;s versatility makes it suitable for diverse course types.</h6>

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			<h6>We recommend a team size of 3-4 students for the best collaborative experience. While teams of 2 are commonplace, they might lack the richness of diverse perspectives and constructive disagreement that larger teams offer. Teams larger than 4 may face collaboration challenges, which could impact the learning experience.</h6>

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			<h6>In the context of PharmaSim, &#8220;benchmark&#8221; refers to each team competing in its own unique market environment against computer simulated companies.</h6>

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			<h6>The simulation spans a minimum of six periods and a maximum of ten periods, with each period representing a business year. Students should anticipate spending between one to one and a half hours per period for decision-making.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access.</a> This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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</div><div class='testimonials_c_holder clearfix dark'><div class="testimonials_c testimonials_c_carousel" data-show-navigation="yes" data-animation-speed="" data-auto-rotate-slides="10" data-number-per-slide="2"><ul class="slides"><li id="testimonials-c-15986" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/John-Kaegi-Southern-Oregon-University.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Students in my classes learn significantly more, and retain their new knowledge longer, when they have the opportunity to put learning to use. I have found business simulation games to be an excellent way to put knowledge to active use in my online classes, especially as online classes do not allow for face-to-face interaction as a classroom situation does.</p><p class="testimonial_author" style="">John Kaegi - Southern Oregon University</p></div></div></div></li><li id="testimonials-c-15985" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/08/prof-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I have used PharmaSim in MBA classes for several years and found it a great method for enhanced and enriched learning. This is the first time using it with Undergrads and it turned out so well that I regret not using it sooner.</p><p class="testimonial_author" style="">Kevin Upton - Indiana University at South Bend</p></div></div></div></li><li id="testimonials-c-19326" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/04/Hooman-Estelami-Fordham-University-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >PharmaSim has become an essential element of my classroom teaching in the Marketing Strategy course as it creates such an engaging setting for the students that learning occurs naturally through their classroom experience.</p><p class="testimonial_author" style="">Hooman Estelami, Fordham University </p></div></div></div></li></ul></div></div></div></div></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684867129989 grid_section" style='background-color:#ffffff; padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >LATEST UPDATES AND NEWS</h2><div class="vc_empty_space"  style="height: 40px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/marketing-management-simulation/">Marketing Management simulation-PharmaSim</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Introduction to Marketing simulation-NewShoes</title>
		<link>https://www.interpretive.com/business-simulations/introduction-to-marketing-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Thu, 25 May 2023 14:30:08 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19932</guid>

					<description><![CDATA[<p>Drive student engagement and boost their understanding of practical marketing strategies with NewShoes, an immersive introduction to marketing simulation.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/introduction-to-marketing-simulation/">Introduction to Marketing simulation-NewShoes</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><div class="vc_row wpb_row section vc_row-fluid  vc_custom_1684200925295 grid_section" style=' padding-top:60px; padding-bottom:150px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper"><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Introduction to Marketing Simulation</h3><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">NewShoes provides a comprehensive, engaging learning experience for introductory marketing students. As participants manage their own simulated athletic shoe companies, they gain practical understanding of business strategy, marketing decision-making, and market competition. This interactive environment encourages collaboration and critical thinking and enhances students’ grasp of marketing concepts.</h6>

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srcset="https://www.interpretive.com/wp-content/uploads/2026/02/dashboard-newshoes.png 1199w, https://www.interpretive.com/wp-content/uploads/2026/02/dashboard-newshoes-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2026/02/dashboard-newshoes-1024x643.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/02/dashboard-newshoes-768x482.png 768w, https://www.interpretive.com/wp-content/uploads/2026/02/dashboard-newshoes-700x440.png 700w" sizes="auto, (max-width: 1199px) 100vw, 1199px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the introduction to marketing simulation</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1197" height="754" src="https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-settings-NewShoes-.png" class="attachment-full size-full" alt="Introduction to Marketing Simulation Dashboard settings" srcset="https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-settings-NewShoes-.png 1197w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-settings-NewShoes--300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-settings-NewShoes--1024x645.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-settings-NewShoes--768x484.png 768w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-settings-NewShoes--700x441.png 700w" sizes="auto, (max-width: 1197px) 100vw, 1197px" /><div class="qode-ids-title"><h5>Introduction to Marketing Simulation Dashboard settings</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1194" height="751" src="https://www.interpretive.com/wp-content/uploads/2023/05/Case-NS.png" class="attachment-full size-full" alt="Introduction to Marketing Simulation Case" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Case-NS.png 1194w, https://www.interpretive.com/wp-content/uploads/2023/05/Case-NS-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Case-NS-1024x644.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Case-NS-768x483.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Case-NS-700x440.png 700w" sizes="auto, (max-width: 1194px) 100vw, 1194px" /><div class="qode-ids-title"><h5>Introduction to Marketing Simulation Case</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1195" height="747" src="https://www.interpretive.com/wp-content/uploads/2023/05/Decision-NS.png" class="attachment-full size-full" alt="Decision screen- Introduction to Marketing Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Decision-NS.png 1195w, https://www.interpretive.com/wp-content/uploads/2023/05/Decision-NS-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Decision-NS-1024x640.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Decision-NS-768x480.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Decision-NS-700x438.png 700w" sizes="auto, (max-width: 1195px) 100vw, 1195px" /><div class="qode-ids-title"><h5>Decision screen- Introduction to Marketing Simulation</h5></div></a></div></li><li><div class="qode-ids-item"><a itemprop="url" class="qode-ids-link" href="" target="_self"><img loading="lazy" decoding="async" width="1197" height="750" src="https://www.interpretive.com/wp-content/uploads/2023/05/Break-even-NS.png" class="attachment-full size-full" alt="Break even analysis -Introduction to Marketing Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/Break-even-NS.png 1197w, https://www.interpretive.com/wp-content/uploads/2023/05/Break-even-NS-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/Break-even-NS-1024x642.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/Break-even-NS-768x481.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/Break-even-NS-700x439.png 700w" sizes="auto, (max-width: 1197px) 100vw, 1197px" /><div class="qode-ids-title"><h5>introduction to marketing simulation creative decisions</h5></div></a></div></li></ul></div><img decoding="async" itemprop="image" class="qode-ids-frame" src="https://www.interpretive.com/wp-content/themes/bridge/img/in-device-slider-desktop.png" alt="Device Frame"></div></div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1676052608698 grid_section" style=' padding-top:200px; text-align:left; z-index:2;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner vc_custom_1520497682668"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-1280-1440='70% 0 0 0' data-768-1024='64% 0 0 0' data-600-768='47% 0 0 0' data-480-600='8% 0 0 0' data-480='8% 0 0 0' data-animation='no' data-item-class='q_elements_holder_custom_177810'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_177810' style='padding:70% 0 0 0'></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid vc_inner " style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" full_section_inner clearfix"><div class="wpb_column vc_column_container vc_col-sm-12 vc_col-has-fill"><div class="vc_column-inner vc_custom_1676052170906"><div class="wpb_wrapper"><div class='q_elements_holder one_column responsive_mode_from_768' ><div class='q_elements_item ' data-480-600='0 0px 0 0px' data-480='0 0px 0 0px' data-animation='no' data-item-class='q_elements_holder_custom_482219'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_482219' style='padding:0 50px 0 50px'><h4 style="font-size: 24px;color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading" >Join our growing community! NewShoes has been trusted for over a decade by 300+ schools of all types to bring real-world experience into the classroom.</h4><div class="separator  normal   " style="margin-top: 6px;margin-bottom: 60px;background-color: rgba(255,255,255,0.2);"></div><div class="qode_clients clearfix six_columns qode_clients_switch_images qode_clients_switch_fade qode_clients_separators_disabled"><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.temple.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Temple-University.jpg" alt="Temple University - a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Temple-University.jpg" alt="Temple University - a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.yorkvilleu.ca/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Yorkville-University.jpg" alt="Yorkville University a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Yorkville-University.jpg" alt="Yorkville University a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://miamioh.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Miami-University-of-Ohio.jpg" alt="Miami University of Ohio- a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Miami-University-of-Ohio.jpg" alt="Miami University of Ohio- a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://tunxis.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Tunxis-Community-College.png" alt="Tunxis Community College - a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Tunxis-Community-College.png" alt="Tunxis Community College - a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://umaine.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Maine.jpg" alt="University of Maine a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Maine.jpg" alt="University of Maine a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div><div class="qode_client_holder"><div class="qode_client_holder_inner"><div class="qode_client_image_holder"><a itemprop="url" href="https://www.suffolk.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Suffolk-University.jpg" alt="Suffolk University a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Suffolk-University.jpg" alt="Suffolk University a distinguished institution that incorporates our Introduction to Marketing simulation in their business studies" /></a></div><div class="qode_client_image_hover"></div></div></div></div></div></div></div></div></div></div></div></div></div><h3 style="color: #7f7f7f;text-align: left" class="vc_custom_heading vc_do_custom_heading" >INTRODUCTION TO MARKETING SIMULATION</h3><div class="vc_empty_space"  style="height: 20px" >
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</div><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is NewShoes?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>NewShoes is an introduction to marketing simulation that places students at the helm of their own simulated athletic shoe companies. This hands-on approach encourages students to apply theoretical marketing concepts in a practical, engaging environment. They navigate through crucial decisions on pricing, promotion, product development, and market competition, enhancing their understanding of the dynamics of business strategy.</h6>

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			<h6>NewShoes not only offers an engaging learning environment but also cultivates critical competencies such as strategic planning, critical thinking, and teamwork. In a competitive market scenario where every decision directly impacts business outcomes, students gain a practical insight into the interplay of different marketing strategies.</h6>

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	</div></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684435993075 grid_section" style='background-color:#ffffff; padding-top:60px; padding-bottom:60px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="font-size: 40px;text-align: center" class="vc_custom_heading vc_do_custom_heading" >WHY IS NewShoes THE RIGHT introduction to marketing simulation FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">NewShoes is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Write a strategic plan. Create/analyze income statement. Calculate ROS and market share. Use market research effectively. Create simple spreadsheet tools.					</div>
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									<h2>Product</h2>
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						Define “product” in marketing terms. Explain product life cycle. Understand importance of product dev. Improve product in simulation.					</div>
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									<h2>Pricing</h2>
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						Calculate break-even price. Identify different responses to price. Estimate sales impact of price change. Consider short/long-term profit in pricing. Calculate indirect profit from contract.					</div>
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									<h2>Place</h2>
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						Know what a distribution channel is. Describe flow of goods from manufacturer to consumer. Distinguish B2C/B2B marketing. Choose promotion for product placement.					</div>
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									<h2>Promotion</h2>
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						Define “promotion” in marketing. Explain impact of different kinds of promotion. Describe push/pull promotion strategies. Select promotion mix for target market.					</div>
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									<h2>Teamwork</h2>
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						Allocate responsibilities fairly. Complete assigned tasks on time. Communicate problems and plans. Collaborate with other team members.					</div>
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									<h2>Experiential Learning</h2>
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						Test ideas in a low-risk environment. Respond to and discuss unexpected events. Retain information through hands-on experience. Relate sim topics to real-world scenarios.					</div>
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									<h2>Creative Thinking</h2>
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						Handle uncertainty and ambiguity. Develop new approaches when conditions change. Determine product/company branding and design.					</div>
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</div></div><div class="qode-int-icon-circle"style="border-style: solid;border-color: #09809e"></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-3"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  grid_section" style='background-color:#ffffff; padding-bottom:40px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197687798"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196214512" >CLASSES</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Introduction to Marketing</span><br />
<span style="color: #ffffff;">Marketing Principles</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197679447"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196261251" >DIFFICULTY LEVEL</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;">Introductory</span></p>

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	</div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4 vc_col-has-fill"><div class="vc_column-inner vc_custom_1684197692898"><div class="wpb_wrapper"><div class="vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-center vc_icon_element-have-style"><div class="vc_icon_element-inner vc_icon_element-color-white vc_icon_element-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background vc_icon_element-background-color-custom"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" ></span></div></div><h4 style="color: #ffffff;text-align: center" class="vc_custom_heading vc_do_custom_heading vc_custom_1684196286482" >AUTHORS</h4><div class="vc_empty_space"  style="height: 10px" >
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			<p style="text-align: center;"><span style="color: #ffffff;"><a style="color: #ffffff;" href="https://www.interpretive.com/james-g-helgeson/">James Helgeson</a>, <a style="color: #ffffff;" href="https://www.interpretive.com/willbann-d-terpening/">Willbann Terpening</a>, Michael Ursic</span></p>

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        FIRST-TIME INSTRUCTORS    </span>
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			<h6>At Interpretive, we ensure your journey with our introduction to marketing simulation is smooth and supported. We&#8217;re dedicated to delivering outstanding customer service, evident in the high praise our seasoned customer support team regularly receives. Here&#8217;s what our commitment to your satisfaction entails:</h6>

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<h6>A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.</h6>
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<h6>A team of customer support staff who are always ready to help you and your students.</h6>
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<h6>We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.</h6>
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</div><a  itemprop="url" href="https://www.interpretive.com/instructors/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#ffffff" class="qbutton  default" style="color: #ffffff; border-color: #fdc323; background-color:#fdc323;">First-time instructor guide</a></div></div></div><div class="wpb_column vc_column_container vc_col-sm-4"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<div class="vc_single_image-wrapper vc_box_rounded  vc_box_border_grey"><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5.jpg" class="vc_single_image-img attachment-full" alt="First-time instructor planning a class using our introduction to marketing simulation, NewShoes" title="Instructor Engaged with our Introduction to Marketing simulation." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/05/portrait-of-female-professor-at-home-5.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-1-5-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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			<a href="https://www.interpretive.com/bring-marketing-principles-to-life/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="612" height="792" src="https://www.interpretive.com/wp-content/uploads/2023/05/cover.png" class="vc_single_image-img attachment-full" alt="FlatWorld’s Principles of Marketing eReader" title="FlatWorld’s Principles of Marketing eReader" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/cover.png 612w, https://www.interpretive.com/wp-content/uploads/2023/05/cover-232x300.png 232w" sizes="auto, (max-width: 612px) 100vw, 612px" /></div></a>
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</div></div></div><div class="wpb_column vc_column_container vc_col-sm-9"><div class="vc_column-inner"><div class="wpb_wrapper"><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/bring-marketing-principles-to-life/" target="_blank">Textbook Pairing with FlatWorld</a></h2>
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			<h6 data-start="404" data-end="597"><span style="color: #ffffff;">NewShoes is now thoughtfully aligned with FlatWorld’s <em data-start="458" data-end="483">Principles of Marketing</em> eReader, creating a cohesive learning experience that connects core marketing concepts to hands-on decision-making.</span></h6>

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			<h6 data-start="599" data-end="882"><span style="color: #ffffff;">Students learn foundational topics like the 4 Ps, segmentation, and positioning in the text—and then apply those ideas directly by managing an athletic shoe company in the NewShoes simulation. An Instructor Integration Guide is included to support easy course planning and alignment.</span></h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/bring-marketing-principles-to-life/" target="_self" data-hover-background-color="#09809e" data-hover-border-color="#09809e" data-hover-color="#fdc323" class="qbutton  center default" style="color: #fdc323; border-color: #09809e; background-color:#ffffff;">Explore the NewShoes &amp; eReader Pairing</a></div></div></div></div></div></div><!-- Row Backgrounds --><div class="upb_color" data-bg-override="0" data-bg-color="#00A1BD" data-fadeout="" data-fadeout-percentage="30" data-parallax-content="" data-parallax-content-sense="30" data-row-effect-mobile-disable="true" data-img-parallax-mobile-disable="true" data-rtl="false"  data-custom-vc-row=""  data-vc="8.7.3"  data-is_old_vc=""  data-theme-support=""   data-overlay="false" data-overlay-color="" data-overlay-pattern="" data-overlay-pattern-opacity="" data-overlay-pattern-size=""    ></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684201005427 grid_section disable_negative_margin" style=' padding-top:100px; padding-bottom:100px; text-align:left;'><div class=" section_inner clearfix"><div class='section_inner_margin clearfix'><div class="wpb_column vc_column_container vc_col-sm-6"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="vc_empty_space"  style="height: 40px" >
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			<h6>Watch a walkthrough of how NewShoes supports Introduction to Marketing and Principles of Marketing courses, including key decisions, performance analysis, and course integration.</h6>

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			<a href="https://www.interpretive.com/teaching-intro-to-marketing-with-newshoes/" target="_blank"><div class="vc_single_image-wrapper   vc_box_border_grey"><img loading="lazy" decoding="async" width="1280" height="720" src="https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft.png" class="vc_single_image-img attachment-full" alt="Teaching Introduction to Marketing with NewShoes" title="Teaching Introduction to Marketing with NewShoes" srcset="https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft.png 1280w, https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft-300x169.png 300w, https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft-1024x576.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft-768x432.png 768w, https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft-700x394.png 700w, https://www.interpretive.com/wp-content/uploads/2026/03/NewShoes-prospects-webinar-draft-539x303.png 539w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div></a>
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<h6><span style="color: #ffffff;">Combining our simulation NewShoes with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of marketing. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.</span></h6>
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<h6><span style="color: #ffffff;">Experience the convenience of fully online simulation assignments with NewShoes, our introduction to marketing simulation! With our innovative Assignments Module, there&#8217;s no need for PDFs or downloads. Assignments are easily accessed and completed through a user-friendly online interface. Plus, some tasks can be auto-graded, saving valuable time for instructors. Getting started is simple &#8211; we provide a comprehensive guide and video tutorial to familiarize you with the interface. Alternatively, you can explore it on your own after login. For further details, feel free to contact us!</span></h6>
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        Which classes is this simulation suitable for?    </span>
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			<h6> NewShoes is primarily utilized in Introduction to Marketing or Principles of Marketing classes. This simulation offers a practical understanding of the 4Ps, making it an excellent tool for students unfamiliar with the Marketing Mix or Segmentation. It&#8217;s a dynamic, team-based approach for students to engage with these fundamental marketing concepts.</h6>

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			<h6>We suggest teams of 3-4 students for an optimal learning experience. Larger teams can often struggle with decision-making collaboration, a crucial aspect of the simulation. While teams of 2 are common, they may lack the diverse perspectives and valuable discourse typically seen in 3-4 member teams.</h6>

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			<h6>In the context of this simulation, &#8220;direct competitive&#8221; refers to all teams within each industry competing against each other. Moreover, the decisions made by these teams will impact others in the same industry, influencing factors like price, marketing, and wages.</h6>

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			<h6><a href="https://www.interpretive.com/request-a-demo/">Sign up for Demo Access.</a> This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.</h6>

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Introduction to Marketing Simulation!</h2><div class="vc_empty_space"  style="height: 60px" >
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</div><p>The post <a href="https://www.interpretive.com/business-simulations/introduction-to-marketing-simulation/">Introduction to Marketing simulation-NewShoes</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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