1. Business Simulation (35%) 01/04/2013
SimVenture Guide

Skip the INTRO and load a New Game on the Easy Level.

Type in your UG ID number as your Player Name.
Type in anything you fancy as your Company Name.
Confirm the game as at the Easy level.
Click OK.

You are given the Scenario Briefing. READ IT.
If it is your first time, click on View Advisor Report. READ IT.

Then Dive straight into the Game by going to the Home page which looks like this:

Any Business begins with a revenue stream. If no money comes in you do not have a business. To generate revenue you need to make sales.
Month 1…

Go to Sales Strategy > Sales Channels
and click on Change sales channels
Then click on Transactional Sales > Configure website and > employ web designer.

Click on HOME.
Go to Sales Strategy. Click on Pricing > Change Pricing
Change your Unit Price to £440, with a Promotional Discount of 10% for a Promotional Period of 2 months.
Click Load current values.
SimVenture will remind you to update your cost information, which can be found in Product.

Click on HOME
Change your styling to 75%, which increases your costs to £343. Click on HOME. You should also change Production by clicking on Modify Production Strategy and changing your monthly production from 1 (you should have one existing order to fulfil) to 4.

Click on HOME.
SimVenture will remind you that you need to purchase more components and click on OK.

Click on HOME.
You need to begin Book-keeping (It’s a legal obligation). Go to the calculator and select Account > Book-keeping and choose “Do it yourself”.

Click on HOME.
Click on Run the Month.
A Final Check of your planning and decisions is displayed.

Click on Run the Month.

At the END of the month, you will get the Month Completed screen. Don’t forget to click the PRINT button (top right screen) or you will have no record of what your decisions were. You should SAVE the printed…