Flowers For The World A Business Game to Support the Teaching of MIS Concepts.

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Presentation transcript:

Flowers For The World A Business Game to Support the Teaching of MIS Concepts

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5 Overview What is involved in playing the business game: Management roles Information issues Game rules

6 Flowers for the World Flowers are bought at auction in lots of 100: Approx. 5 mins Three main breeds of flowers: Rose, Iris, Daffodil Sold on demand to customers throughout the world One “week” = approx. 15 mins

7 Flowers for the World, Inc. Managing Director Purchasing Manager Accounts Manager Sales Manager

8 The flower auction Guaranteed quality (no returns) Must match or be more than minimum price bids must be in units of $10s The sale for each single flower should not be more than $8. Must pay before week is out

9 For example: The auction 3 lots of roses Offer $100. Require min. of $50. You win! 4 lots of irises Offer $300. Require min. of $310. You lose!! 5 lots of daffodils Offer $1000. Require min. of $100. You win?

10 Sales to customers Enquiries after the auction for X number of a particular flower quote price and delivery date Must match or be less than maximum price and minimum delivery time Must deliver, otherwise: Order cancelled

11 For example: Customer enquiry Request for 85 roses $0.10 per rose, in 2 weeks max. is $0.10, 2 weeks. You win! Request for 30 irises $0.10 per iris, in 2 weeks max. is $0.05, in 1 week. You lose! Delivery note to referee week 2, customer 1, 85

12 Financial report and penalties Required by law at the beginning of each week for the last week Failure to submit a report carries penalties: $200 fine each time you fail to submit a financial report on time One week to pay, or company suspended from the game for one week $200 fine for any financial report error plus double of the error amount

13 Costs Flowers: auction price Storage: $5 ($25 before) per 100 flowers per week (or part thereof) Flowers can be stored for a maximum of 2 (4 before) weeks, then written off (cannot be sold)

14 For example: Financial report Previous balance: $ In storage: 200 flowers (2 weeks old) $5 per week per 100 flowers $10 storage fee this week Income: $0 Final balance: $ Give copy to referee

15 Current balance Roses: 100 (1 lot), good sales Irises: 50, poor sales Daffodils: 50, average sales Bank balance: $

16 Marketing Information: Auction Roses: Selling for about $50 at auction Price has been rising Irises: Selling for about $30 at auction Price has been rising Daffodils: Selling for about $40 at auction Price has been fluctuating

17 Marketing Information: Customer Orders Roses: Customers buying at $.60 per flower Price has been rising Irises: Customers buying at $.55 per flower Price has been fluctuating Daffodils: Customers buying at $.50 per flower Price has been steady

18 Week 1 Auction 6 lots of roses 7 lots of irises 9 lots of daffodils

19 Week 1 Customer Enquiry Customer 1: 357 roses 406 irises 448 daffodils Customer 2: 327 roses 325 irises 374 daffodils

20 Week 2 Auction 5 lots of roses 7 lots of irises 9 lots of daffodils

21 Week 2 Customer Enquiry Customer 1: 382 roses 471 irises 483 daffodils Customer 2: 125 roses 213 irises 397 daffodils