Corporate Conundrum Simulation - Building a Profitable AND Sustainable Company

Corporate Conundrum Simulation - Building a Profitable AND
Corporate Conundrum Simulation - Building a Profitable AND
Corporate Conundrum Simulation - Building a Profitable AND
Corporate Conundrum Simulation - Building a Profitable AND
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0.32 MB   |   90 pages

PRODUCT DESCRIPTION

This 2-4 day activity takes your students through many of the dilemmas facing companies as they try to make a profit, while ensuring they leave a positive impact on society and the environment. After determining a name for their shoe company, designing a logo and dividing up job responsibilities (CEO, CFO, Auditor, Administrative Assistant), each group will determine how they want to allocate resources (human, capital, natural, marketing). Based on these decisions, their company will then proceed through a series of 35 events, each impacting them differently based on their resource allocation (a la "Choose Your Own Adventure"). Some of the events include 1) funding infrastructure improvements in the South Sudan, 2) managing the fallout of a factory fire in Bangladesh and 3) confronting competition from a rival shoe company that has started using fish skin to reduce material costs. Aside from handling the impact of global events, companies will also have to decide if they want to 1) invest their profits in an aggressive/conservative stock portfolio, 2) employ a lobbyist to speak on their behalf and 3) go public. Each decision positively or negatively impacts their sustainability or profit. Each year, teams reallocate resources, trying to become the most profitable and sustainable shoe company on the planet (in the classroom). This engaging simulation will enhance your humanities, business or economics classroom (7th to 12th grade) and will be especially effective for those teachers looking for a way to keep their students focused after the AP/IB exams.

Some of the Terms Introduced:
Angel Investor
Copyright Infringement
Infrastructure
Working conditions
Interest
Stocks
Savings Account
Conservative Portfolio
Aggressive Portfolio
Negative Externality
Structural Unemployment
Frictional Unemployment
Strike
Audit
Downsizing
Going Public
Initial Public Offering
Lobbyist
Corruption
Characteristics of Sustainability


Some of the Issues/Events Covered:
Noise Pollution
Whistle Blower
Celebrity Endorsement/Scandal
African Infrastructure Investment
European Union Application
Bangladesh Factory Fire
National Tax Rate
Deforestation
Oil Prices

Total Pages
90
Answer Key
Does Not Apply
Teaching Duration
4 Days

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Corporate Conundrum Simulation - Building a Profitable AND
Corporate Conundrum Simulation - Building a Profitable AND
Corporate Conundrum Simulation - Building a Profitable AND
Corporate Conundrum Simulation - Building a Profitable AND
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