There are three ways on how you can test your decisions in MikesBikes Introduction to Business Simulation. 1. Live Forecast These figures on the Live Forecast update in real-time as you click “Apply” on any decision screen. This enables you to easily see the impact of individual decision changes on overall performance. The figures can … Continue reading How do I Test My Decisions in MikesBikes Introduction to Business Simulation?
Updated Product Development/Launch Screens (MikesBikes Introduction & Music2Go Marketing) The decision screens which enable students to modify an existing product and launching new products now feature additional information to help students make more informed decisions. Launching a new product Previously students would need to navigate to the Market Information and Market Summary Report for this … Continue reading Smartsims Product Updates: September 2018
September 2018 Entrants in the Multi-Player (All-Time) Hall of Fame We have 7 new entrants in the Multi-Player (All-Time) Hall of Fame! A big congratulations to Spencer Hesseling of SAB Inc from Des Moines Area Community Community College for landing the 4th spot in the MikesBikes Intro Hall of Fame! We also have Rabin Rimal, Dilasha Karki, … Continue reading Latest Hall of Fame Updates and New Entrants
More than a mathematical analysis of risks and returns determines the value of a share. It is also affected by how much the investment community knows and understands about the company concerned, and their perceptions of the quality of the firm’s management. Hence to ensure that their shares are fairly valued, firms need to make … Continue reading Question of the Week: What is Investor Relations?
The following are Smartsims product updates available from August 2018. Where product names are noted in the heading, that update only applies to these products. Smartsims Support Center Goes Live! The Smartsims Support Center is our online knowledge-base for all simulations. This live resource enables users to find instant answers to their questions, as well … Continue reading Smartsims Product Updates: August 2018
The Smartsims Support Center is our new simulation knowledge-base. This live resource enables our simulation users to receive instant answers to their questions, as well as browse a wide range of help topics to guide them through their learning journey. The Smartsims Support Center works on any device: Browse decision areas such as Marketing, … Continue reading Press Release: Smartsims Support Center Goes Live!
The MikesBikes World Champs (MWC) is an opportunity for the best performing MikesBikes teams from around the world to compete for the title of 2018 MikesBikes World Champion. Entrance is FREE for all participants. How do I enter the competition? How is a winner determined? How will the competition be structured? What are the Competition Decision Deadlines? Additional info … Continue reading MikesBikes World Champs 2018
There are various historical information available for you under the Historical Reports menu. This can be found under the “All Reports” menu, then use the drop-down box within this screen to navigate through these reports. MikesBikes Introduction The available historical reports are: Income Statement History Balance Sheet History Cashflow Statement History Factory Report History Emergency … Continue reading Accessing Reports from Previous Years in MikesBikes
Henry Ford is known for his innovative assembly line and American-made cars . Like many, he wasn’t an overnight success. His early businesses failed and left him broke five times before he founded the now successful Ford Motor Company. As they say, Remember that life’s greatest lessons are usually learned at the worst times and … Continue reading Common Mistakes in MikesBikes Introduction
We’re now halfway through the year and exciting developments are coming your way! Improved Tablet and Mobile Experience We understand that students have busy lives and are not always near their computer. So we have made it easier for them to check their results and update their decisions from their tablets and mobiles. They can … Continue reading Smartsims Product Updates: June 2018