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The business game should enable a team of enginners in understanding the business and customer expectations in terms of business value

2006-12-04 19:19:27 · 4 answers · asked by Ram K 1 in Business & Finance Small Business

4 answers

You can use the blocks from Jenga to demonstrate the business/customer relation. Create a fictious company, say Brohas.

Assign one person(A) to be the majority(70%) shareholder.
Assign one person(B) to stack the Jenga blocks.
Assign one person(C) to purchase the Jenga blocks.
Assign everyone else to be minority(30%) shareholders(D).

Have Person A decide a purchase price for one set of stacked Jenga blocks. Have Person B build the stack of Jenga blocks. Have Person C purchase the stack of Jenga blocks at the price decided upon by Person A.

Explain to Persons D that the purchase price for one stack of Jenga blocks is the net profit. Next, explain to Persons D that it costs X amount of dollars for Person B to create one stack of Jenga blocks; the rest is all net profit. The net profit is to be equally divided amongst the shareholders based on the percentage of overall stocks they own. Explain that because Person A owns 70% of the stocks, Person A gets to make the decisions as to what to do with the net profit. Person A decides to re-invest the net profit into stacking more Jenga blocks thus resulting in more sales which result in more jobs so instead of having a Person B, we now have Persons B stacking Jenga blocks.

Person C enjoys their Jenga blocks for X amount of time before said Jenga blocks fall over and scatter all over the place. Person C purchases a new stack of Jenga blocks from Brohas. This stack of Jenga blocks represents what is commonly known as durable goods. Explain why durable goods that last for only X amount of time are necessary for the survival of a manufacturing company. Explain that customer product dissatisfaction is inversely proportional to the amount of time that the product lasts and that you have to balance customer product dissastisfaction with the durability of the companies product. Explain to your team of engineers that they are represented by Persons B in the game. :)

2006-12-04 19:52:32 · answer #1 · answered by Kookiemon 6 · 0 0

Divide the team into groups. Make a list of values you consider for business. Values are basically for the stock holders as well not business alone mind it. Create roles for each player in the group as on their way to enhancing customer expectations. Check out how well they are able to maintain their roles as the game progresses. The groups can be divided into some customers who are bought from outside and the engineers in team try to sell them dummy products and take feed back as to what their expectations are and asses whether their description of the product actually satisfies the consumer group and if not why not and go from there.

2006-12-05 12:16:17 · answer #2 · answered by Mathew C 5 · 0 0

Divide them in groups and tell them to do perform/play how they would deal with irate customer....Followed by feedback from other teams

2006-12-05 03:38:45 · answer #3 · answered by Sbrown 2 · 0 0

maybe monopoly

2006-12-05 03:21:18 · answer #4 · answered by uatransporter 2 · 0 0

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