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Marketplace Spring 2010 Global Competition Winners Announced

April 22, 2010

The results are in and here are your top 3 overall winning teams in the Spring 2010 Global Competition:

First Place: GTL Computer Company
Representing: University of Wisconsin – Eau Claire, USA
Instructor: Joseph Bonner
Second Place: Animate, Inc.
Representing: University of Wisconsin – Eau Claire, USA
Instructor: Joseph Bonner
Third Place: AMACS
Representing: Ekonomika Univerzita v Bratislave, Slovakia
Instructor: Ingrid Potiskova

To view the other top three teams in each game, please visit the Hall of Fame.

Thanks to all who participated in the Global Competition!

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Marketplace Global Competition Comes to a Close

April 14, 2010

The Spring 2010 Marketplace Global Competition just closed with all teams submitting their last quarter decisions.   The Cumulative Balanced Scorecard results will be used to measure performance and rank each team.   The winning teams will be announced April 21, 2010 within the Marketplace Hall of Fame.

The competition spanned 12 games with over 70 teams participating.  The countries represented within the competition were Germany, Greece, the Republic of Georgia, Slovakia and the United States.

Thank you to all the participants for making this another successful Global Competition!

Story contributed by Sean Mullins

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Marketplace Global Competition – A Fight to the Finish!

March 24, 2010

The Marketplace Global Competition is underway and the fight to be on top is intense.  Listed below are the top three teams in all games currently (computed by Cumulative Balanced Scorecard through Quarter 5):

1st place trophy First Place: Animate, Inc.  (in Game 4)
2nd place trophy Second Place: JK Enterprises (in Game 5)
3rd place trophy Third Place: AMACS (in Game 2)

Don’t see your team name listed above?  No worries – all teams still have a chance to take the lead in their games.   So, hang in there – your team picture might just be included in the Hall of Fame by the end of the competition!

Story contributed by Sean Mullins

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USASBE Conference Nashville

January 19, 2010

http://www.flickr.com/photos/ckramer/ / CC BY 2.0

The United States Association for Small Business and Entrepreneurship (USASBE) conference was held in downtown Nashville, 2010.  500+ entrepreneurship scholars and educators from around the globe gathered for this important occurrence.  ILS was an exhibitor for this event featuring our Venture Strategy business simulation.

The Venture Strategy simulation is designed for the New Ventures, Business Policy, and Capstone business courses. It exposes the participants to all the aspects of business including:  Marketing, Product Development, Accounting, Finance and Manufacturing Fundamentals, Financial Analysis, Business Partner Negotiations, Human Resource Management and e-Commerce.  It was great to see Entrepreneurship enthusiasts truly excited to take a look at our Venture Strategy simulation offered in the 3D animated Marketplace Live format.  Current and prospective users of Marketplace Live are genuinely inspired by how the simulation engages participants.

This conference will be held at Hilton Head Island, South Carolina next year.  Be sure to mark this in your planner and get ready for some fun in the sun!

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Winners of Fall 2009 Global Competition Announced

December 15, 2009

Congratulations to top three overall winning teams of the Fall 2009 Marketplace Global Competition.

First Place: Comstar
Representing: University of Illinois – Chicago, USA
Instructor: Cheryl Nakata
   
Second Place: Wellcom
Representing: University of Illinois – Chicago, USA
Instructor: Cheryl Nakata
   
Third Place: tipe
Representing: Texas Tech University, USA
Instructor: Donna Davis

The teams with the highest score (the highest Cumulative Balance Scorecard)  are inducted to the Marketplace Hall of Fame.

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Seven Different Countries Represented in Marketplace Global Competition

November 24, 2009

The Marketplace Global Competition is currently in Quarter 7 and rapidly coming to an end.  Competition is fierce and the last quarter push is just around the corner.

Marketplace is proud to have 11 games running simultaneously in which 7 different countries are represented.    The participating countries include:

  • Australia
  • Czech Republic
  • Germany
  • India
  • Philippines
  • Slovakia
  • United States

Good luck to all participating teams who are striving to earn their spot in our Hall of Fame!

Check out the dates for our next Global Competition…

Story contributed by Sean Mullins

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