GRADED ACTIVITIES FOR THE COURSE Individual Competencies Business Decision Making Style Decision Making Process Basic Skills Business Skills Review Total 50 50 50 150 300 Simulation Team Formation Assignment Product Development Worksheet Team Meetings/Round Review Worksheets Peer Evaluations (20 per round) Competitive Analysis (2 SWOT) Overall Finish in simulation Stockholders Presentation Total 160 100 400 100 860 TOTAL 1160 30 10 60 INDIVIDUAL COMPETENCY WORK Decision Making Style –Each student will assess his /her own decision making style using resources provided. He/she will then describe the strengths and weaknesses of this style and how to be flexible in other methods. Decision Making Process –Each student will illustrate the decision making process with a decision simulation. Basic Skills – Students will review basic skills necessary for effective decision making including logic, critical reasoning and reading, information source evaluation and creativity. Business Skills Review – Students will review functional area of business including marketing, management, accounting, finance, ethics, international business, and TQM as they relate to the simulation. SIMULATION Team Evaluations - Each student is graded by team members on how much he/she contributes to the team effort. In completing the evaluations, students should carefully consider how much and how well an individual has contributed to the simulation. Responses are confidential, but a student may be asked to justify his/her answers if there is a conflict. Individuals will receive up to 20 points per round based on the peer evaluations. Students receiving feedback scores of 1.5 or less for more than two rounds will be dropped from the course. Evaluations need to be completed within 24 hours of the completed round. They are available in the Homework/Peer Evaluations area of Capsim.com. Students not completing evaluations for their team members will receive only half of the points from evaluations by others. For example, if Sally has received all 20 points for a round from her team evaluations, but hasn’t submitted any evaluations for the rest of the people in her group, she would receive only 10 points for that round. Evaluation scores are shared at the end of the simulation. Team Meetings/Round Review Worksheets Each team will meet regularly with the instructor to discuss team performance and how the company is performing. Students will take turns completing the team planning worksheet that is available on the instructor’s webpage. This document reviews the past round and outlines a plan for the next round. During the next meeting, that student will lead the team’s discussion with the instructor. Each worksheet is worth 20 points. Participation at each meeting is worth 10 points for each student who is not the lead. Simulation Outcome – Each team will also be graded on the outcome of the simulation. We will be measuring success based on the decision of the class. In the event of a tie, the analyst report will be used which assesses margins, profits, emergency loans, working capital, market share, forecasting, customer satisfaction, productivity, financial structure, and wealth creation. The outcome will be assigned points as follows: 1st place = 400 points 2nd place =366 points 3rd place = 346 points 4th place = 338 points 5th place = 306 points 6th place = 298 points Stockholder’s Debriefing – At the end of the simulation each team will verbally present their strategy and overall activities to the class, who will play the role of stockholders of the company. More information will be provided during class. This activity will earn each team up to 100 points. Team Formation Checkup – Each team completed a team formation assignment to assist in developing their teams. At the mid-point of the semester each team will also submit a “team checkup” that assesses how well the team is functioning and makes recommendations for the second half of the semester. Product Development Worksheet – Each team will be required to turn in one product development worksheet that identifies a plan for a new product. Tentative Schedule Week Mar 5 Mar 12 Class Monday – Team day; new schedule; basic skills assignment; product plan assignment Assignment Team Decisions for Round 1 of Competition due Sunday at 5:00 p.m Tuesday - No Class Team Evaluations due Sunday at 5:00 p.m Thursday –Team work day Monday – Review round Team meetings with Andrews, Baldwin, Team Decisions for Round 2 of Competition due Sunday at 5:00 p.m Tuesday – – Decision Making Tools Team Evaluations due Sunday at 5:00 p.m Thursday – Team work day; Team meetings with Chester, Digby, Erie Decision Making Tools due 3/27 Spring Break Vacation Mar 26 Monday – Round review; Team meeting with instructor 10 minutes for each team Chester, Digby Tuesday – Competitive Analysis Thursday – Team work day; meetings with Erie, Andrews, Baldwin Apr 2 Monday –– Round review; Team meeting with instructor 10 minutes for each team Erie, Andrews Tuesday – Business Skills: International & TQM review Thursday – team work day; Team meetings with Baldwin, Chester, Digby Apr 9 Monday – Round review; Team meeting with instructor 10 minutes for each team Baldwin, Chester Tuesday – Business Skills Review: Management Thursday – team work day; Team meetings with Digby, Erie, Andrews Team Decisions for Round 3 of Competition due Sunday at 5:00 p.m Team Evaluations due Sunday at 5:00 p.m Competitive Analysis Due 4/3 Team Decisions for Round 4 of Competition due Sunday at 5:00 p.m Team Evaluations due Sunday at 5:00 p.m Complete Business skills: Management Team Decisions for Round 5 of Competition due Sunday at 5:00 p.m Team Evaluations due Sunday at 5:00 p.m Complete Business skills Review: Marketing for next Thursday Basic Skills due 4/9 Apr 16 Monday – Round review; Team meetings with Chester, Digby Team Decisions for Round 6 of Competition due Sunday at 5:00 p.m Tuesday – Business Skills Review: Marketing Team Evaluations due Sunday at 5:00 p.m Thurs - Team meetings with Erie, Andrews, Baldwin Apr 23 Monday – Round review; Team meetings with Digby, Erie Team Decisions for Round 7 of Competition due Sunday at 5:00 p.m Tuesday – Advising Day –No class - team work day Team Evaluations due Sunday at 5:00 p.m Thursday – Team Work Day; Team meetings with Andrews, Baldwin, Chester April 30 Monday – Team meeting with instructor as needed Tuesday – Business Skills Review: Accounting & Legal and Stockholders Debriefing overview Thursday – team work day May7 Monday – Awards and team time Tuesday - Stockholder’s Debriefing presentation preparation in teams Thursday - Presentations May 14 Monday - Presentations Tuesday – Presentations Thursday - Presentations Competitive Analysis Due 4/26 Complete Business skills: Accounting & Legal for next Tuesday (You only complete the legal part.) Team Decisions for Round 8 of Competition due Sunday at 5:00 p.m Team Evaluations due Sunday at 5:00 p.m