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Capsim simulation or business games begin with the Capsim Practice Round 1. TYpically, Round 1 represents the current industry report; so it is much of the prevailing industry conditions. Usually, in Practice round 1, you don’t have much to do since it is considerably the round zero of the capsim simulations. However, if you don’t understand the industry report, it can be challenging to complete your Capsim Round 1 assignment. That’s where we come in – to offer you all the help you need with your Capsim round 1 assignment. We take all the pressure off you so you can focus on other things and tasks.
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Indeed, the best way to master Capsim is to jump in and try it. I recommend reading the guides as you make your way through different decision sets. In my class, students start with the individual practice rounds until they feel confident about the game. The participants have to familiarize themselves with all the rules and tasks before they can pick partners to form teams. I approach the simulation with teams because, in today’s complex business environment, you need the expertise from many points of view to accomplish tasks the best way possible.
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How to increase leverage in Capsim? Leverage is the ratio of equity to debt, and if you look at financial principles, you want to have a balance when it comes to these variables. Depending on the situation, you can take out or pay back loans to increase or decrease your debt, or you can sell or buy back stock to increase or decrease your equity. How to increase customer accessibility? If you spend money on marketing and sales, you will increase customer accessibility. However, you do not want to spend a lot of money on this because it could have adverse effects.