Tag Archives: Marketplace 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 »

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 »

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 »