8/27/2023 0 Comments Globus business simulationResults and reports, take the accompanying online quizzes, and do the online You must register in order to make decisions for your company, review the The challenge is to craft and execute a competitive strategy that results in a respected brand image, keeps your company in contention for global market leadership, and produces good financial performance as measured by earnings per share, return on investment, stock price appreciation, and credit rating.Īll aspects of the GLO-BUS simulation parallel the functioning of the real-world markets, thus allowing you and your co-managers to (1) think rationally and logically in deciding what to do and (2) get valuable practice in making a variety of different business decisions under circumstances that mirror real-world competitive conditions. The companies compete in a global market arena, selling to buyers in four geographic regions-Europe-Africa, North America, Asia-Pacific, and Latin America.Ĭompany co-managers must make decisions relating to R&D, component usage, product performance, product line breadth, production operations, work force compensation, outsourcing, pricing, sales and marketing, finance, and corporate citizenship and social responsibility. GLO-BUS is a completely online exercise where teams of students run companies that are in a neck-and-neck race for global market leadership in two product categories: (1) wearable video cameras and (2) sophisticated camera-equipped copter drones.
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