What is Capstone Business Simulation?
Capstone® is a rich and complex business simulation designed to teach marketing, strategy, business finance & accounting, cross functional alignment, competitive analysis, teamwork and the selection of tactics and strategy to build a successful, focused organization.
What is Capstone Capsim?
Capsim is excited to introduce Capstone 2.0 – a powerful, flexible and engaging way to teach business strategy. Capstone 2.0 is an updated and redesigned version of our staple business strategy simulation that incorporates new features to improve the user experience for both students and instructors.
What is the purpose of Capsim simulation?
The goal of Capsim is to help students relate to what happens in the real world. OneThe secret for winning lies in looking at your competition to see what they are doing, and then adapting and strategizing to do things better and make better decisions— just like in the actual competitive marketplace.
What is Capstone strategy?
The capstone is a strategic leadership and management plan where you’ll apply what you will learn to an actual business situation with participation by one or more focal companies.
What is business simulation and example?
Some examples include heat maps, leaderboards, financial spreadsheet reports, and live presentations. Process and Outcome-focused. Simulation-based learning is both about the learning process and the result. The process typically involves dialogue, competition, and cooperation and is driven by the participant’s actions …
What is business simulation model?
A Business Simulation is a computer-based model of business processes and dynamics. At PriSim we combine simulations with lectures, exercises, discussions and a fun competition to achieve an engaging learning experience.
How long does WGU MBA Capstone take?
The final capstone course is somewhat comparable to a practical (lab) exam where you demonstrate what you have learned through the entire curriculum. At WGU, each term is six months in length, and you can complete as many courses as possible during each term.
How long does the capstone take WGU?
It took me about 2-3 weeks to complete the entire capstone doing all of the readings, the simulation, and the tasks with some revisions. This course would have taken a lot longer with the group project and if I did all of the steps.
What is a capstone project in MBA?
What is an MBA capstone project? A capstone typically serves as the culminating requirement for an MBA program, requiring students to synthesize what they have learned to research and address a contemporary business problem.
Why is strategic management called a capstone course?
This strategic management class is often called a “capstone course” because the course brings together all of the previous business classes into one final application.