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In the Box GameŽ everyone participates in the management and production of a product with several stages and challenges.
Learning outcomes...
- manage and work as part of a cross functional team
- complete, a financial statement
- reflect on the impact of their team's business decisions, and those of the competition
- experience how decisions can positively or negatively impact a business
- learn from the successes and failures of the competition
- understand how collaborating, sharing information and innovations with colleagues positively impacts an organization
- maximize productivity and minimize "bad" costs
The process...
- The student teams receive a business assignment
- The teams go into management meetings to develop business plans
- They then identify their key value and cost drivers
- They turn their business plan into action...against the clock
- Each team markets their value to their customer
- They measure and analyze their business results, including an income statement
- Most critically, they reflect on what happened...and learn from their mistakes and successes
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