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	<title>Management - Interpretive Simulations</title>
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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" id="wpb-content-root"><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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</div><h1 style="font-size: 50px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Entrepreneur</h1><div class="vc_empty_space"  style="height: 20px" >
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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 fetchpriority="high" 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="(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 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="(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 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="(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_727447'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_727447' 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_829843'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_829843' 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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" style="color:#FFFFFF !important"></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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			<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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" style="color:#FFFFFF !important"></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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	<h3 class="clearfix qode-title-holder">
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	    <span class="qode-tab-title-inner">
        FIRST-TIME INSTRUCTORS USING ENTREPRENEURSHIP SIMULATION    </span>
</span>
<span class="qode-accordion-mark">
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<div  class="qode-accordion-content " >
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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><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 "><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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</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/237924397" data-rel="prettyPhoto">
					<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></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: 100px" >
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		<span class="empty_space_image"  ></span>
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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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</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/assignments.png" style="width:1444px;height:1px"data-ratio="0.59279778393352" 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/purchasing.png" style="width:1459px;height:1px"data-ratio="0.58396161754626" data-lazy="true" />
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        <img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2023/05/purchasing.png" alt="">
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	<h4 class="clearfix qode-title-holder">
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	    <span class="qode-tab-title-inner">
        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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</div><h4 class="clearfix qode-title-holder">
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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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</div><h4 class="clearfix qode-title-holder">
<span class="qode-tab-title">
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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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        How do I find out more?    </span>
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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>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" id="wpb-content-root"><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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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_890010'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_890010' 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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									<h2>Business 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</h2>
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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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									<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. Set your firm apart from competition.					</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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" style="color:#FFFFFF !important"></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;">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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	</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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" style="color:#FFFFFF !important"></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/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><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 "><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/StratSimManagement-01.jpg" class="attachment-full size-full" alt="Short Demo Video of StratSimManagement, Strategic Management Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/StratSimManagement-01.jpg 800w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimManagement-01-300x169.jpg 300w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimManagement-01-768x432.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimManagement-01-700x394.jpg 700w, https://www.interpretive.com/wp-content/uploads/2023/05/StratSimManagement-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 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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        Which classes is this simulation suitable for?    </span>
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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_513163'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_513163'><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-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><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></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>Strategy Simulation-Airline</title>
		<link>https://www.interpretive.com/business-simulations/strategy-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Wed, 24 May 2023 01:42:58 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19882</guid>

					<description><![CDATA[<p>Strategy Simulation, Airline, is a dynamic and engaging learning tool for business strategy classes. It’s not just about learning – it’s about doing.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/strategy-simulation/">Strategy Simulation-Airline</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper" id="wpb-content-root"><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" >Strategy Simulation</h2><div class="vc_empty_space"  style="height: 10px" >
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			<h6>Experience the dynamics of strategic decision-making with our strategy simulation, Airline. It&#8217;s an effective and engaging way to illustrate the practical application of strategic concepts. With Airline, students learn to manage all facets of a regional airline, apply business strategy in a realistic context, and understand the impact of their decisions in a competitive market.</h6>

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</div><a  itemprop="url" href="https://www.interpretive.com/airline-v4/" target="_self" data-hover-background-color="#FDC323" data-hover-border-color="#FDC323" data-hover-color="#ffffff" class="qbutton  center default" style="color: #ffffff; border-color: #09809E; background-color:#09809E;">Discover latest updates</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="1200" height="753" src="https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-.png" class="attachment-full size-full" alt="Airline Dashboard" srcset="https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard-.png 1200w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard--300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard--1024x643.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard--768x482.png 768w, https://www.interpretive.com/wp-content/uploads/2026/02/Dashboard--700x439.png 700w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the strategy 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="1195" height="751" src="https://www.interpretive.com/wp-content/uploads/2023/05/case-4.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/case-4.png 1195w, https://www.interpretive.com/wp-content/uploads/2023/05/case-4-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/case-4-1024x644.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/case-4-768x483.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/case-4-700x440.png 700w" sizes="auto, (max-width: 1195px) 100vw, 1195px" /><div class="qode-ids-title"><h5>Strategy Simulation Intro 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="1201" height="745" src="https://www.interpretive.com/wp-content/uploads/2023/05/income-statement-.png" class="attachment-full size-full" alt="Airline income statement" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/income-statement-.png 1201w, https://www.interpretive.com/wp-content/uploads/2023/05/income-statement--300x186.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/income-statement--1024x635.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/income-statement--768x476.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/income-statement--700x434.png 700w" sizes="auto, (max-width: 1201px) 100vw, 1201px" /><div class="qode-ids-title"><h5>Strategy Simulation Airline income statement</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/decisions-.png" class="attachment-full size-full" alt="decisions-Airline" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/decisions-.png 1194w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions--300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions--1024x644.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions--768x483.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/decisions--700x440.png 700w" sizes="auto, (max-width: 1194px) 100vw, 1194px" /><div class="qode-ids-title"><h5>Strategy 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="1195" height="746" src="https://www.interpretive.com/wp-content/uploads/2023/05/incident.png" class="attachment-full size-full" alt="Airline special decision" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/incident.png 1195w, https://www.interpretive.com/wp-content/uploads/2023/05/incident-300x187.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/incident-1024x639.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/incident-768x479.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/incident-700x437.png 700w" sizes="auto, (max-width: 1195px) 100vw, 1195px" /><div class="qode-ids-title"><h5>Airline, Strategy simulation. special decision</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_515006'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_515006' 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_938337'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_938337' 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! Airline 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.uwe.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-West-England.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-West-England.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.memphis.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-Memphis.jpg" alt="University of University of Memphis-a distinguished institution that utilizes our strategy simulation, Airline, 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-Memphis.jpg" alt="University of University of Memphis-a distinguished institution that utilizes our strategy simulation, Airline, 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.mcmaster.ca/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/McMaster-University.jpg" alt="McMaster University-a distinguished institution that utilizes our strategy simulation, Airline, in their business studies." /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/McMaster-University.jpg" alt="McMaster University-a distinguished institution that utilizes our strategy simulation, Airline, 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.fiu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Florida-International-University.jpg" alt="Florida International University-a distinguished institution that utilizes our strategy simulation, Airline, in their business studies." /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Florida-International-University.jpg" alt="Florida International University-a distinguished institution that utilizes our strategy simulation, Airline, 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.unl.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-Nebraska-Lincoln.jpg" alt="University of Nebraska - Lincoln-a distinguished institution that utilizes our strategy simulation, Airline, 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-Nebraska-Lincoln.jpg" alt="University of Nebraska - Lincoln-a distinguished institution that utilizes our strategy simulation, Airline, 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.pnw.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-Northwest.jpg" alt="Purdue University - Northwest-a distinguished institution that utilizes our strategy simulation, Airline, in their business studies." /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Purdue-University-Northwest.jpg" alt="Purdue University - Northwest-a distinguished institution that utilizes our strategy simulation, Airline, 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><h1 style="font-size: 34px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >What is Airline?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>Our Strategy Simulation, Airline, is a dynamic and engaging learning tool for business strategy classes. It provides instructors with a tangible way to teach and assess theoretical concepts. Students gain an immersive experience, applying their knowledge in a realistic context while developing critical thinking, teamwork, and leadership skills.</h6>

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			<h6>The simulation exposes students to the interconnectedness of business functions and their strategic implications. It&#8217;s not just about learning &#8211; it&#8217;s about doing. As decision-makers in their own virtual airline, students navigate uncertainty, manage resources, and work to achieve business objectives. This hands-on approach enhances understanding and retention of key strategic business concepts.</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 Airline THE RIGHT strategy SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">Airline 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>Business Environment</h2>
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						Identify target segments in Airline. Match aircraft with target segments. Evaluate new business opportunities. Understand risk mitigation. Respond to a changing environment.					</div>
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									<h2>Human Resources</h2>
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						Implement advanced employee training. Develop competitive compensation strategies. Maintain consistent quality programs.					</div>
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									<h2>Marketing</h2>
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						Identify the 4 Ps of marketing. Explain impact of discounts and promotion. Use appropriate mix for target markets. Adjust marketing to customer needs.					</div>
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									<h2>Operations Management</h2>
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						Identify factors in efficient operation. Maximize aircraft reliability. Manage aircraft scheduling. Maintain profitable load factor.					</div>
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									<h2>Corporate/Finance</h2>
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						Respond to ethical issues in business. Analyze financial performance. Project financial needs. Fund capital 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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" style="color:#FFFFFF !important"></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;">Business Strategy</span><br />
<span style="color: #ffffff;">Strategic 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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" style="color:#FFFFFF !important"></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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" style="color:#FFFFFF !important"></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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	</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">
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	    <span class="qode-tab-title-inner">
        FIRST-TIME INSTRUCTORS USING AIRLINE 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>
</li>
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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>
</li>
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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 "><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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</div><h2 style="font-size: 24px;color: #FFFFFF;text-align: left" class="vc_custom_heading vc_do_custom_heading" >See Airline in Action</h2><div class="vc_empty_space"  style="height: 20px" >
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<h6><span style="color: #ffffff;">Watch a walkthrough of how Airline supports Strategy courses, including key decisions, performance analysis, and course integration.</span></h6>
</div>
</div>

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</div><a  itemprop="url" href="https://www.interpretive.com/teaching-strategy-with-airline/" 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;">Explore how Airline works</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-in-device-slider"><div class="qode-ids-slider-holder"><div class="qode-ids-slider qode-ids-framed-desktop" data-navigation="no" data-auto-start="no"><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="1280" height="720" src="https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar.png 1280w, https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar-300x169.png 300w, https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar-1024x576.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar-768x432.png 768w, https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar-700x394.png 700w, https://www.interpretive.com/wp-content/uploads/2026/02/Airline-prospects-webinar-539x303.png 539w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /><div class="qode-ids-title"><h5></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><!-- 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="9.0.1"  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_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 Airline 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_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 our strategy simulation, Airline! 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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	<h4 class="clearfix qode-title-holder">
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        Which classes is this simulation suitable for?    </span>
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			<h6>Airline is designed for use in undergraduate strategy courses, capstone strategy courses, and any classes focusing on strategic decision-making. The simulation immerses students in an environment characterized by uncertainty and the necessity for strategic change. All decisions are driven by the students&#8217; strategy, which can be adapted as they navigate the simulation. The element of competition against classmates adds another layer of realism and unpredictability.</h6>

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</div><h4 class="clearfix qode-title-holder">
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        What is the ideal team size for the simulation?    </span>
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			<h6>We typically recommend teams of 3-4 students for optimal collaboration and decision-making. Teams larger than four members might face coordination challenges, while smaller teams of two may lack the diversity of opinion and constructive disagreement that enriches the learning experience. However, the team size can be adapted to suit your class&#8217;s specific needs.</h6>

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        How does Airline facilitate learning about strategy?    </span>
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			<h6>Airline provides a practical platform for students to apply strategic theories learned throughout their business program. As students make decisions and observe their impact on simulation outcomes, they gain a hands-on understanding of strategic decision-making in a business context.</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/strategy-simulation/">Strategy Simulation-Airline</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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		<title>Human Resource Management simulation-HRManagement</title>
		<link>https://www.interpretive.com/business-simulations/human-resource-management-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Wed, 24 May 2023 01:13:44 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19880</guid>

					<description><![CDATA[<p>HRManagement simulation allows participants to apply HR concepts in a competitive environment, making strategic decisions that have real-world implications. Perfect for undergraduate and graduate classes in HR and Strategic Human Resources, our simulation encourages diverse team collaboration and effective decision-making within the constraints of budget and labor market.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/human-resource-management-simulation/">Human Resource Management simulation-HRManagement</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper" id="wpb-content-root"><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" >Human Resource Management Simulation</h3><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">Engage your students in the role of a Human Resource director with our HRManagement simulation. They&#8217;ll confront real-world challenges and make pivotal decisions, enhancing their understanding of HR practices. It&#8217;s an interactive tool that makes HR concepts come alive in the classroom.</h6>

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srcset="https://www.interpretive.com/wp-content/uploads/2025/02/dashboard.png 1200w, https://www.interpretive.com/wp-content/uploads/2025/02/dashboard-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2025/02/dashboard-1024x644.png 1024w, https://www.interpretive.com/wp-content/uploads/2025/02/dashboard-768x483.png 768w, https://www.interpretive.com/wp-content/uploads/2025/02/dashboard-700x440.png 700w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /><div class="qode-ids-title"><h5>Interactive Dashboard of the Human Resource Management 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="1200" height="754" src="https://www.interpretive.com/wp-content/uploads/2025/02/get-started.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2025/02/get-started.png 1200w, https://www.interpretive.com/wp-content/uploads/2025/02/get-started-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2025/02/get-started-1024x643.png 1024w, https://www.interpretive.com/wp-content/uploads/2025/02/get-started-768x483.png 768w, https://www.interpretive.com/wp-content/uploads/2025/02/get-started-700x440.png 700w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /><div class="qode-ids-title"><h5>Case Video Preview in the Human Resource Management 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="1196" height="753" src="https://www.interpretive.com/wp-content/uploads/2025/02/co-comparison.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2025/02/co-comparison.png 1196w, https://www.interpretive.com/wp-content/uploads/2025/02/co-comparison-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2025/02/co-comparison-1024x645.png 1024w, https://www.interpretive.com/wp-content/uploads/2025/02/co-comparison-768x484.png 768w, https://www.interpretive.com/wp-content/uploads/2025/02/co-comparison-700x441.png 700w" sizes="auto, (max-width: 1196px) 100vw, 1196px" /><div class="qode-ids-title"><h5>Reports Screen of the Human Resource Management 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="1196" height="753" src="https://www.interpretive.com/wp-content/uploads/2025/02/search.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2025/02/search.png 1196w, https://www.interpretive.com/wp-content/uploads/2025/02/search-300x189.png 300w, https://www.interpretive.com/wp-content/uploads/2025/02/search-1024x645.png 1024w, https://www.interpretive.com/wp-content/uploads/2025/02/search-768x484.png 768w, https://www.interpretive.com/wp-content/uploads/2025/02/search-700x441.png 700w" sizes="auto, (max-width: 1196px) 100vw, 1196px" /><div class="qode-ids-title"><h5>Search Screen of the Human Resource Management 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="1194" height="756" src="https://www.interpretive.com/wp-content/uploads/2025/02/budget.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2025/02/budget.png 1194w, https://www.interpretive.com/wp-content/uploads/2025/02/budget-300x190.png 300w, https://www.interpretive.com/wp-content/uploads/2025/02/budget-1024x648.png 1024w, https://www.interpretive.com/wp-content/uploads/2025/02/budget-768x486.png 768w, https://www.interpretive.com/wp-content/uploads/2025/02/budget-700x443.png 700w" sizes="auto, (max-width: 1194px) 100vw, 1194px" /><div class="qode-ids-title"><h5>Budget Analysis Report in the Human Resource Management Simulation</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' 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vc_do_custom_heading" >Join our growing community! HRManagement 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://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.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Northeastern-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://www1.lehigh.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Lehigh-University.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Lehigh-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://newbrunswick.rutgers.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Rutgers-University-New-Brunswick.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Rutgers-University-New-Brunswick.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.pitt.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-Pittsburgh.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Pittsburgh.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.umass.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-Massachusetts-Amherst.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Massachusetts-Amherst.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://camden.rutgers.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Rutgers-University-Camden-Campus.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Rutgers-University-Camden-Campus.jpg" alt="" /></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" >Human Resource 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 HRManagement?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>HRManagement is an interactive teaching tool that immerses students in the world of Human Resource Management. As an instructor, this simulation offers a unique opportunity to bring HR concepts to life, transforming theory into practical experience.</h6>

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			<h6>In the simulation, students act as HR directors for a medium-sized organization. They are tasked with making strategic decisions within budget and labor market constraints, mirroring real-world challenges. This hands-on approach to human resource management aids students in understanding the complexities and impacts of HR decisions.</h6>

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			<h6>HRManagement simulation is a compelling and innovative resource for instructors seeking to enhance their Human Resource Management curriculum. By integrating this simulation into your classes, you can provide students with practical, applied learning experiences that effectively illustrate the depth and breadth of the HR field.</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 HRManagement THE RIGHT Human Resource Management simulation FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">HRManagement is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Write a strategic HR plan. Monitor implementation of plan. Work within a budget. Develop a budget proposal.					</div>
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									<h2>Staffing</h2>
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						Project staffing requirements. Adjust to changing staffing needs. Decide between promotion and hires. Diversify the workforce.					</div>
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									<h2>Compensation</h2>
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						Explain methods of compensation. Describe common benefits offered. Calculate total cost of compensation.					</div>
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									<h2>Training &amp; Development</h2>
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						Describe different types of training. Estimate required training for hires. Identify programs for employee development. Explain importance of performance appraisal.					</div>
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									<h2>Employee Relations &amp; Compliance</h2>
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						Identify laws regulating employment. Create a safe work environment. Understand what motivates employees. Discuss challenges in employee relations.					</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. Set your firm apart from competition.					</div>
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			<p style="text-align: center;"><span style="color: #ffffff;">Human Resource</span><br />
<span style="color: #ffffff;">Management</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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" style="color:#FFFFFF !important"></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    </span>
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			<h6>At Interpretive, we ensure your journey with our Human Resource 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 class="vc_single_image-wrapper vc_box_rounded "><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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</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 Human Resource Management simulation.</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6><span style="color: #ffffff;">Combining HRManagement with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of HR Management. 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 HRManagement, our Human Resource 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><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">HRManagement fits very well for classes in Introduction to Human Resources, both at the undergraduate and graduate level.</span> However, it has also been beneficial for courses in Strategic Human Resources. The true strength of HRManagement lies in its quantitative approach to HR, where students&#8217; decisions have tangible financial impacts on their simulated company.</h6>

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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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			<h6>The HRManagement simulation can extend up to 12 periods, each representing a quarter of a year. On average, students will spend about an hour per decision 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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</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_379155'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_379155'><h2 style="text-align: center" class="vc_custom_heading vc_do_custom_heading" >Discover why instructors choose HRManagement as their preferred<br />
Human Resource 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-15991" 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/Perry-Atwal-University-of-British-Columbia-150x150.jpg" alt="Perry Atwal - University of British Columbia, user of Human Resource Management simulation" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >We have used HRManagement for a number of years now, and we are consistently impressed with both the depth of the simulation as well as the support received. The simulation provides our students with realistic decisions to be made, and, importantly, helps students understand the consequences of their decisions. It is difficult to get the balance right – too simple, and the simulation becomes boring; too complex, and the learning points are lost. This simulation strikes the right balance to make it fun, challenging, rewarding and useful. In addition, we receive wonderful, prompt support from everyone at Interpretive. They listen to our needs, and help both Faculty and students quickly and with a minimum of fuss – exactly what we are looking for.</p><p class="testimonial_author" style="">Perry Atwal - University of British Columbia</p></div></div></div></li><li id="testimonials-c-15029" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/07/Sandra-Steen-University-of-Regina.jpg" alt="Sandra Steen Implementing Human Resource Management simulation at University of Regina" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >As a first time adopter of the simulation I could not be more impressed and delighted to receive this tremendous and timely assistance.</p><p class="testimonial_author" style="">Sandra Steen - University of Regina</p></div></div></div></li><li id="testimonials-c-15030" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2019/07/Dean-Kent-Lindenwood-University-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >The simulation worked great for my class as it has for the past 5 years!! I can’t see ever teaching the HRM class without using the Interpretive simulation!</p><p class="testimonial_author" style="">Dean Kent - Lindenwood University</p></div></div></div></li><li id="testimonials-c-15990" 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/Anthony-Benjamin-Indiana-Wesleyan-University-120x150.png" alt="Anthony Benjamin - Indiana Wesleyan University, user of Human Resource Management simulation" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >Many of my student commented about not having an opportunity to do a budget on their jobs and others shied away from anything that had to do with numbers. But at the end of the course, students commented that they had a better grasps to budgets and were confident that they can develop, monitor etc. budgets.</p><p class="testimonial_author" style="">Anthony Benjamin - Indiana Wesleyan 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/human-resource-management-simulation/">Human Resource Management simulation-HRManagement</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Retail Entrepreneurship Simulation-Entrepreneur</title>
		<link>https://www.interpretive.com/business-simulations/retail-entrepreneurship-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Tue, 23 May 2023 14:37:57 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19849</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/retail-entrepreneurship-simulation/">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" id="wpb-content-root"><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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</div><h1 style="font-size: 50px;text-align: left" class="vc_custom_heading vc_do_custom_heading" >Entrepreneur</h1><div class="vc_empty_space"  style="height: 20px" >
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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_873572'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_873572' 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_374808'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_374808' 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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" style="color:#FFFFFF !important"></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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			<p style="text-align: center;"><span style="color: #ffffff;">Introductory</span></p>

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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 "><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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        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><p>The post <a href="https://www.interpretive.com/business-simulations/retail-entrepreneurship-simulation/">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>Business Essentials Simulation-BizCafe</title>
		<link>https://www.interpretive.com/business-simulations/business-essentials-simulation/</link>
		
		<dc:creator><![CDATA[Adele]]></dc:creator>
		<pubDate>Tue, 16 May 2023 01:20:50 +0000</pubDate>
				<guid isPermaLink="false">https://wwwdemo.interpretive.com/?post_type=portfolio_page&#038;p=19714</guid>

					<description><![CDATA[<p>BizCafe is an experiential business simulation that teaches students essential business concepts by managing a café — making real-world decisions in marketing, operations, HR, and finance.</p>
<p>The post <a href="https://www.interpretive.com/business-simulations/business-essentials-simulation/">Business Essentials Simulation-BizCafe</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper" id="wpb-content-root"><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 ESSENTIALS SIMULATION</h2><div class="vc_empty_space"  style="height: 10px" >
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			<h6 style="text-align: left;">Discover our Business Essentials simulation, a practical and engaging learning tool for students. It presents the challenges and rewards of running a small, service-based business. Over 16 simulated weeks, students will learn about management, operations, marketing, and accounting by operating their own coffee shop.</h6>

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with a café scene thumbnail and BizCafe logo visible beyond the controls." srcset="https://www.interpretive.com/wp-content/uploads/2023/05/case-5.png 1197w, https://www.interpretive.com/wp-content/uploads/2023/05/case-5-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/case-5-1024x641.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/case-5-768x481.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/case-5-700x438.png 700w" sizes="auto, (max-width: 1197px) 100vw, 1197px" /><div class="qode-ids-title"><h5>BizCafe Case Study Video: A Deep Dive into our Business Essentials 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="1195" height="745" src="https://www.interpretive.com/wp-content/uploads/2026/04/sustainability-BC-v5.png" class="attachment-full size-full" alt="" srcset="https://www.interpretive.com/wp-content/uploads/2026/04/sustainability-BC-v5.png 1195w, https://www.interpretive.com/wp-content/uploads/2026/04/sustainability-BC-v5-300x187.png 300w, https://www.interpretive.com/wp-content/uploads/2026/04/sustainability-BC-v5-1024x638.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/04/sustainability-BC-v5-768x479.png 768w, https://www.interpretive.com/wp-content/uploads/2026/04/sustainability-BC-v5-700x436.png 700w" sizes="auto, (max-width: 1195px) 100vw, 1195px" /><div class="qode-ids-title"><h5>BizCafe Dashboard sustainability</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="1198" height="757" src="https://www.interpretive.com/wp-content/uploads/2026/04/decisions-BizCafe.png" class="attachment-full size-full" alt="Teaching Business Essentials with BizCafe" srcset="https://www.interpretive.com/wp-content/uploads/2026/04/decisions-BizCafe.png 1198w, https://www.interpretive.com/wp-content/uploads/2026/04/decisions-BizCafe-300x190.png 300w, https://www.interpretive.com/wp-content/uploads/2026/04/decisions-BizCafe-1024x647.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/04/decisions-BizCafe-768x485.png 768w, https://www.interpretive.com/wp-content/uploads/2026/04/decisions-BizCafe-700x442.png 700w" sizes="auto, (max-width: 1198px) 100vw, 1198px" /><div class="qode-ids-title"><h5>BizCafe Decisions Interface: Shaping Business Strategy in our Business Essentials 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="749" src="https://www.interpretive.com/wp-content/uploads/2023/05/breakeven.png" class="attachment-full size-full" alt="breakeven analysis-BizCafe simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/breakeven.png 1197w, https://www.interpretive.com/wp-content/uploads/2023/05/breakeven-300x188.png 300w, https://www.interpretive.com/wp-content/uploads/2023/05/breakeven-1024x641.png 1024w, https://www.interpretive.com/wp-content/uploads/2023/05/breakeven-768x481.png 768w, https://www.interpretive.com/wp-content/uploads/2023/05/breakeven-700x438.png 700w" sizes="auto, (max-width: 1197px) 100vw, 1197px" /><div class="qode-ids-title"><h5>breakeven analysis-BizCafe simulation</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_925557'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_925557' 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_326151'><div class='q_elements_item_inner'><div class='q_elements_item_content q_elements_holder_custom_326151' 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! BizCafe has been trusted for over a decade by 450+ 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.nyu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/New-York-University.jpg" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/New-York-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.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-1.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Ohio-State-University-1.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/2023/02/U-M_Logo-Hex.png" alt="University of Michigan-a distinguished institution that incorporates our Business simulations in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/02/U-M_Logo-Hex.png" alt="University of Michigan-a distinguished institution that incorporates our Business simulations 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.cornell.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/02/cornell.png" alt="cornell university-a distinguished institution that incorporates our Business simulations in their business studies" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/02/cornell.png" alt="cornell university-a distinguished institution that incorporates our Business simulations 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.utoronto.ca/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Toronto.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/University-of-Toronto.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.bu.edu/" target="_self"><img decoding="async" itemprop="image" class="qode_client_main_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Boston-University.png" alt="" /><img decoding="async" itemprop="image" class="qode_client_hover_image" src="https://www.interpretive.com/wp-content/uploads/2023/05/Boston-University.png" alt="" /></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 BizCafe?</h1><div class="vc_empty_space"  style="height: 20px" >
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			<h6>BizCafe introduces students to crucial business concepts in a relatable setting. The simulation brings real-world business challenges to the classroom, immersing students in the daily operations of a local coffee shop.</h6>

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			<h6>Through BizCafe, students learn to handle staff management, product marketing, weekly operations, and the use of financial statements for decision making. Additionally, they acquire essential business terminology and develop an understanding of the fundamental areas of a 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 BIZCAFE THE RIGHT BUSINESS ESSENTIALS SIMULATION FOR MY STUDENTS?</h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6 style="text-align: center;">BizCafe is designed with the following learning goals:</h6>

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									<h2>Planning &amp; Analysis</h2>
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						Write a business plan. Monitor implementation of plan. Calculate break-even point.					</div>
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									<h2>Staffing</h2>
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						Project staffing requirements. Decide on employee pay rates. Calculate total cost of compensation. Manage employee turnover.					</div>
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									<h2>Marketing</h2>
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						Identify the 4 Ps of marketing. Set pricing for multiple products. Calculate gross margin. Project impact of promotion. Create advertising copy					</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>Accounting</h2>
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						Distinguish cash and accrual accounting. Create and analyze income statement. Create and analyze balance sheet. 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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									<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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-library_books" style="color:#FFFFFF !important"></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 Business</span><br />
<span style="color: #ffffff;">Small Business 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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon fas fa-puzzle-piece" style="color:#FFFFFF !important"></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-have-style-inner vc_icon_element-size-lg vc_icon_element-style-rounded vc_icon_element-background"  style="background-color:#fdc323"><span class="vc_icon_element-icon vc-material vc-material-supervisor_account" style="color:#FFFFFF !important"></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/index.php/stu-james/">Stu James</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    </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 class="vc_single_image-wrapper vc_box_rounded "><img loading="lazy" decoding="async" width="768" height="1024" src="https://www.interpretive.com/wp-content/uploads/2023/02/portrait-of-female-professor-at-home.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w.jpg" class="vc_single_image-img attachment-full" alt="Instructor Preparing for Class with BizCafe Business Essentials Simulation" title="Instructor Planning a Class Using BizCafe&#039;s Business Essentials Simulation" srcset="https://www.interpretive.com/wp-content/uploads/2023/02/portrait-of-female-professor-at-home.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w.jpg 768w, https://www.interpretive.com/wp-content/uploads/2023/02/portrait-of-female-professor-at-home.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-225x300.jpg 225w, https://www.interpretive.com/wp-content/uploads/2023/02/portrait-of-female-professor-at-home.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-600x800.jpg 600w, https://www.interpretive.com/wp-content/uploads/2023/02/portrait-of-female-professor-at-home.jpg_s1024x1024wisk20cA6wVliUsGDHDyUGdcFnK1SmsjF2wm4WW4CktmEUgN5w-700x933.jpg 700w" sizes="auto, (max-width: 768px) 100vw, 768px" /></div>
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			<a href="url:https%3A%2F%2Fwww.interpretive.com%2Fan-end-to-end-solution-for-teaching-introduction-to-business%2F|target:_blank" target=""><div class="vc_single_image-wrapper  "><img loading="lazy" decoding="async" width="816" height="1067" src="https://www.interpretive.com/wp-content/uploads/2026/06/Cover-BC-eBook-march2026.jpg" class="vc_single_image-img attachment-full" alt="Brewing a business eBook" title="Cover BC eBook-march2026" srcset="https://www.interpretive.com/wp-content/uploads/2026/06/Cover-BC-eBook-march2026.jpg 816w, https://www.interpretive.com/wp-content/uploads/2026/06/Cover-BC-eBook-march2026-229x300.jpg 229w, https://www.interpretive.com/wp-content/uploads/2026/06/Cover-BC-eBook-march2026-783x1024.jpg 783w, https://www.interpretive.com/wp-content/uploads/2026/06/Cover-BC-eBook-march2026-768x1004.jpg 768w, https://www.interpretive.com/wp-content/uploads/2026/06/Cover-BC-eBook-march2026-700x915.jpg 700w" sizes="auto, (max-width: 816px) 100vw, 816px" /></div></a>
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</div><a  itemprop="url" href="https://www.interpretive.com/an-end-to-end-solution-for-teaching-introduction-to-business/" 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_1722268327517" >Introducing the Brewing a Business eBook Bundle</h1>
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			<h6><span style="color: #ffffff;">This is an end-to-end solution, combining the BizCafe simulation with a fresh, contemporary eBook for Introduction to Business classes. The bundle includes comprehensive chapters, integrated assignments, video interviews, ethical discussions, and mini-cases.</span></h6>

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			<h6><span style="color: #ffffff;">Written by Dr. Michael A. Levin, the <em>Brewing a Business</em> eBook provides a solid resource for students as they delve into key business concepts and practical applications.</span></h6>

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			<a href="https://www.interpretive.com/michael-levin/" target=""><div class="vc_single_image-wrapper vc_box_circle "><img loading="lazy" decoding="async" width="150" height="150" src="https://www.interpretive.com/wp-content/uploads/2023/05/levin-michael_1_orig-e1722272753478-150x150.jpg" class="vc_single_image-img attachment-thumbnail" alt="" title="levin-michael_1_orig" srcset="https://www.interpretive.com/wp-content/uploads/2023/05/levin-michael_1_orig-e1722272753478-150x150.jpg 150w, https://www.interpretive.com/wp-content/uploads/2023/05/levin-michael_1_orig-e1722272753478-500x500.jpg 500w" sizes="auto, (max-width: 150px) 100vw, 150px" /></div></a>
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			<h6 style="text-align: left;"><span style="color: #ffffff;">Dr. Michael A. Levin</span></h6>

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</div><h2 style="color: #ffffff;text-align: left" class="vc_custom_heading vc_do_custom_heading" ><a href="https://www.interpretive.com/teaching-business-essentials-with-bizcafe/" target="_blank" title="Our simulation assignments are now completely online!">See BizCafe in Action</a></h2><div class="vc_empty_space"  style="height: 20px" >
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			<h6>Explore how BizCafe helps students connect core business concepts to practical decision-making in today’s classroom.</h6>

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			<a href="https://www.interpretive.com/teaching-business-essentials-with-bizcafe/" target=""><div class="vc_single_image-wrapper  "><img loading="lazy" decoding="async" width="1280" height="720" src="https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft.png" class="vc_single_image-img attachment-full" alt="Teaching Business Essentials with BizCafe" title="Teaching Business Essentials with BizCafe" srcset="https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft.png 1280w, https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft-300x169.png 300w, https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft-1024x576.png 1024w, https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft-768x432.png 768w, https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft-700x394.png 700w, https://www.interpretive.com/wp-content/uploads/2026/04/BizCafe-prospects-webinar-draft-539x303.png 539w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div></a>
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</div></div></div></div></div></div><div      class="vc_row wpb_row section vc_row-fluid  vc_custom_1684520463991 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" title="First-Time Instructor Guide">ASSESSMENT TOOLS</a></h2><div class="vc_empty_space"  style="height: 30px" >
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			<h6><span style="color: #ffffff;">Combining BizCafe with our quizzes and assignments helps you measure your students&#8217; grasp of the basic concepts of business. Use our grading rubric for a precise and thorough evaluation of their understanding.</span></h6>

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<h6><span style="color: #ffffff;">Experience convenience with our Business Essentials simulation! Now, all assignments are exclusively online. Thanks to our innovative Assignments Module, the era of PDFs and downloads is over. Each assignment is just a click away, accessible through a user-friendly interface. Moreover, we understand the workload of instructors. Therefore, some assignments offer the benefit of automatic grading. </span></h6>
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        What classes can benefit from this simulation?    </span>
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			<h6>BizCafe is specifically tailored for Intro to Business classes and other courses focused on Business Essentials. It&#8217;s designed to both introduce basic business concepts and foster a competitive learning environment.</h6>

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			<h6>We suggest teams of 3-4 students for optimal collaboration and decision-making. While teams of 2 are common, larger teams promote a richer diversity of opinions.</h6>

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        How does BizCafe differ from the Entrepreneur simulation?    </span>
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			<h6>BizCafe is designed for those new to business, particularly those unfamiliar with financial statements or marketing. Unlike <a href="https://www.interpretive.com/business-simulations/retail-entrepreneurship-simulation/">Entrepreneur</a>, BizCafe&#8217;s decisions occur on a weekly simulation basis, providing a more immediate experience.</h6>

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			<h6>BizCafe allows students to make up to 16 decisions, representing 16 business weeks. Most classes opt for 12 or 13 rounds. Students will take between 30 minutes to an hour to make their decisions each round.</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="container_inner"><div class="call_to_action normal" style=""><div class="two_columns_75_25 clearfix"><div class="text_wrapper column1"><div class="call_to_action_text " style="">Explore our complete BizCafe FAQ page for detailed information on learning objectives, grading, team structure, LMS integration, and implementation.</div></div><div class="button_wrapper column2"><a itemprop="url" href="https://www.interpretive.com/faq-for-bizcafe/" class="qbutton white " target="" style="" >View Full FAQ</a></div></div></div></div><div class="vc_empty_space"  style="height: 40px" >
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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-8670" class="testimonial_content"><div class="testimonial_content_inner"><div class="testimonial_image_holder"><img decoding="async" src="https://www.interpretive.com/wp-content/uploads/2014/01/Pace-university-150x150.png" alt="Business Simulations" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >I have found the Interpretive Simulation experience to be a catalyst for team members to interact with one another in and out of class. I also believe it has contributed to their social development, which is critical for freshmen, most of whom are on their own for the first time.</p><p class="testimonial_author" style="">Martin Cohen - Pace University</p></div></div></div></li><li id="testimonials-c-15954" 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/Cherivtch-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >We decided to use BizCafe as a project that we believed would provide the students the opportunity to work in cross-cultural teams and also give them some practical business experience. BizCafe didn't disappoint….The BizCafe game was great because it was very easy to administer and provided a great way to deliver the key concepts of Introduction to Business in a very practical manner.</p><p class="testimonial_author" style="">Lisa Cherivtch - Oakton Community College </p></div></div></div></li><li id="testimonials-c-15953" 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/Finch-Deborah-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >The simulation is excellent and is one way I’ve found to pull the importance of cross-functionality in business into every decision.  It definitely helps students have a better understanding.</p><p class="testimonial_author" style="">Deborah Finch-University of Massachusetts - Lowell</p></div></div></div></li><li id="testimonials-c-15955" 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/Mollie-Andrae-Pensacola-State-College-150x150.jpg" alt="" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >This is my second semester using this simulation and I have only had positive responses from the students. As a teacher I use it as an emphasis when teaching. Anytime I need help I get a very quick response.</p><p class="testimonial_author" style="">Mollie Andrae - Pensacola State College</p></div></div></div></li><li id="testimonials-c-15952" 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/Georgian-College-150x150.jpg" alt="Business Simulations" /></div><div class="testimonial_text_holder"><div class="testimonial_text_inner" style=""><p >This experience, my first, with BizCafe was fantastic and I appreciate all of the support and the quality of your product.</p><p class="testimonial_author" style="">Randall Ugolini - Georgian College</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  grid_section" style='background-color:#ffffff; padding-top: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/business-essentials-simulation/">Business Essentials Simulation-BizCafe</a> first appeared on <a href="https://www.interpretive.com">Interpretive Simulations</a>.</p>]]></content:encoded>
					
		
		
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