Lessons Learned

Understanding Capsim for the first time can be tough but with determination and steadfastness it can be a whole lot of fun. It was tough in the beginning but going through the rounds it has opened my eyes to certain decisions, and I feel it’s fun. I made some decisions in performance and size and made sure that the decision I made is closer to high tech. Able falls within the round lines. Any advantage gained is cumulative and will carry over to the following year.

After one or two adjustments on R&D initiative I then proceeded to the Proformas to see how it has impacted on the exercise.  If good decision are made it will get you closer to the ideal position. It prepares the participant to make critical business decisions. The simulation teaches us what can happen to your business when proper decisions are not made. Capsim helps us to interpret key financial information and also deepen our understanding of financial ratios. Though difficult when starting I  will still want to continue. I believe what I have learned during the rounds 1^st and 2^nd will have an effect on the way I make decisions on my small business that I am operating.