2. Business simulation You own a business that manufactures computers and trades within a virtual environment. You make decisions about all aspects of business in order to survive and hopefully succeed as an entrepreneur. No part of the simulation works in isolation. Every choice you make will have an impact elsewhere. Mirrors reality as closely as possible.

3. IS… a highly complex piece of business simulation software a highly complex piece of business simulation software designed to mimic real life decisions and enhance theory designed to mimic real life decisions and enhance theory a resource to enhance learning a resource to enhance learning an amazing resource if used correctly an amazing resource if used correctly a highly complex piece of business simulation software a highly complex piece of business simulation software designed to mimic real life decisions and enhance theory designed to mimic real life decisions and enhance theory a resource to enhance learning a resource to enhance learning an amazing resource if used correctly an amazing resource if used correctly IS NOT… a mindless computer game to entertain you a mindless computer game to entertain you designed to press buttons randomly until you succeed designed to press buttons randomly until you succeed a resource to replace learning a resource to replace learning an amazing resource if used incorrectly an amazing resource if used incorrectly a mindless computer game to entertain you a mindless computer game to entertain you designed to press buttons randomly until you succeed designed to press buttons randomly until you succeed a resource to replace learning a resource to replace learning an amazing resource if used incorrectly an amazing resource if used incorrectly

4. https://www.youtube.com/watch?v=7TLiCfwJmeo

6. https://www.youtube.com/watch?v=crpkHmCE6QQ

8. Tools>View Notepad Remember to keep a note of all the decisions that you make. This will form the basis of your assessment. Found under: Tools>View Notepad

11. https://www.youtube.com/watch?v=80zwGHxq8F0

12. https://www.youtube.com/watch?v=02N__sMpueU

13. https://www.youtube.com/watch?v=gjwwRkWnCUw

14. Load scenario>Driving Lesson Go to: Load scenario>Driving Lesson

18. Profit/Loss Difference between income(revenue) and spending for last month. Click for Detailed Profit & Loss Report Profit/Loss Difference between income(revenue) and spending for last month. Click for Detailed Profit & Loss Report Bank balance Your current bank balance. Bank balance Your current bank balance. Income Money coming into your business during the coming month. Costs Money you are spending this month. Income Money coming into your business during the coming month. Costs Money you are spending this month. Time Indicates hours you have available to work this month. Effort Hours you need to complete your planned tasks this month. Time Indicates hours you have available to work this month. Effort Hours you need to complete your planned tasks this month. Efficiency Shows how efficient your business is overall. Click for breakdown of efficiency in different areas of work & what is causing any inefficiencies. Efficiency Shows how efficient your business is overall. Click for breakdown of efficiency in different areas of work & what is causing any inefficiencies. Emoticon Indicates you are feeling at the moment. Click to change your hours or give yourself a pay rise to make you feel less stressed! Emoticon Indicates you are feeling at the moment. Click to change your hours or give yourself a pay rise to make you feel less stressed!

20. Market Conditions Market Conditions - affects confidence levels of potential customers and likelihood of them purchasing your products. Market Spread Market Spread - affects variation across the 6 Target Segments within the simulation and the possibility of a 'gap' in the market. Interest Rate Interest Rate - affects the cost of borrowing and returns from positive bank balance. Supplier Price Supplier Price - affects the cost of essential components and in turn your ability to create a profit margin on each product unit you sell.