Tag Archives: Marketplace Live Simulations

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 »

Key Benefits of Marketplace® Live Supply Chain & Channel Management simulation

Better documentation and ease of use in supply chain negotiations Writing and reviewing supply chain contracts has been greatly simplified and made more intuitive. It is much easier for your students to write, modify and review their contracts. The process now allows back and forth communication between teams before an agreement is reached. There is… Read More »

Fall 2014 Marketplace® Train-the-Trainer Seminar

Innovative Learning Solutions will be hosting the bi-annual, FREE Train-the-Trainer event in Knoxville, Tennessee from Monday, October 27 until Wednesday, October 29th. Dr. Ernest Cadotte, the author of the Marketplace® and Marketplace® Live business simulations, will lead this training seminar for current or prospective Marketplace instructors. With the help of the development and support teams, participants… Read More »

2014 Spring/Summer Conference Schedule

OBTC 2014 When: June 11-14, 2014 Where: Nashville, TN Who: OBTS for Management Educators The Organizational Behavior Teaching Conference (OBTC) is a teaching society of management educators who strive to enhance the quality and promote the importance of teaching and learning across management disciplines with a focus on the dynamics within and at the interface of… 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 »

Top 3 Reasons to Use a Simulation in Your Course

Experience Simulations offer real world experience in an online environment. They allow students to apply their newly acquired theoretical knowledge in a simulated business world. Students can gain hands-on managerial experience by running their own business in the simulation environment. They can experiment with strategies and compete with other companies. As the students make realistic… Read More »

Logo Design Competition Results

  For three weeks in November we held the Logo Design Competition through the Marketplace® Live Facebook page. From November 4th through the 15th students were encouraged to design an original logo for their company within the simulation. They could then upload these logos to the Facebook page to be on display and to be… 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 »

Fall Train the Trainer Recap

The Fall 2013 TTT brought people to Knoxville, Tennessee from all over the world, including Korea, Egypt, the US, and Colombia. Participants were welcomed on Sunday, October 27th with a welcome dinner and volleyball game at the Marriott Hotel in Knoxville. The night brought a lot of excitement, including the presentation of a very special… Read More »