Tag Archives: Education

Microsimulations for Business Education

New training tool for your classroom: Microsimulations for Business Education What are the Microsimulations? Microsimulations are optional skill-and-drill exercises that students can use within a Marketplace® Live Simulation. Each exercise takes between 10 to 25 minutes to complete. What is the purpose of the Microsimulations? Over the years, our simulations have been able to provide… Read More »

Experiential Learning: Use of Simulations in Entrepreneurship Education

In Dr. Cadotte’s recently published article “The Use of Simulations in Entrepreneurship Education: Opportunities, Challenges and Outcomes”, he shares a process developed at the University of Tennessee to advance the knowledge, skills and competence of its students. It is based on an entrepreneurial simulation that has been greatly enhanced with a series of value-added activities… Read More »

The Development of Soft Skills via Business Simulations

As students tackle business simulations, they enjoy the experience that comes with applying newly learned business concepts/theories in the safe environment of the classroom. However, the benefits of business simulations go beyond the application of hard skills. Such exercises are also conducive to the development of soft skills, also known as Emotional Intelligence. The highest… Read More »

Spring Logo Design Competition

  The Spring Logo Design Competition is now live on the Marketplace Live Facebook. This competition is open for all current students using Marketplace or Marketplace Live. It is a fun way to get your students thinking creatively. Here is everything you need to know: THE ASSIGNMENT Ask students to create a company logo for… Read More »

Microsimulations Available Now

The new Microsimulations that were announced in December are now available.. These are optional skill-and-drill exercises that students can complete within a Marketplace® Live simulation. Read more about how to preview the Microsimulations and add them into your simulation below: How do I preview the Microsimulations? There is a sample demo for Microsimulations at: http://game.ilsworld.com/microsimulations/web1/sample.php To… Read More »

Automated Grading Tool

There is an automated grading system available in Marketplace® Live Simulations. The new grading system computes a grade for each team and student at the end of the exercise. The grade reflects how well the team has performed on the cumulative balanced scorecard relative to the performance of the other teams in that game universe,… Read More »

Beginning of 2014 Conference Schedule

            USASBE 2014 When: January 9th – 12th, 2014 Where: Fort Worth, Texas Who: United States Association for Small Business and Entrepreneurship The United States Association for Small Business and Entrepreneurship® (USASBE) is the largest independent, professional, academic organization in the world dedicated to advancing the discipline of entrepreneurship. With… Read More »

The 36th Marketplace Live Tournament

  Registration for the 36th Marketplace® Live Tournament is now open!   WHAT IS THE MARKETPLACE® LIVE TOURNAMENT? The Marketplace® Live Tournament provides participants with a realistic experience in managing an entire international firm. With a diverse mixture of teams from universities around the world, participants gain insight into the mindset and strategies of other… Read More »