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A business game may have an industrial, commercial or financial background (Elgood, 1996). Ju and Wagner [17] mention that the nature of business games can include decision-making tasks, which pit the player against a hostile environment or hostile opponents. These simulations have a nature of strategy or war games, but usually are very terse ...
The traditional version of the beer game is a physical board game where people have to move actual objects. The tokens on the board game represent orders and stocks of a supply chain process. The main disadvantage is that this type of beer game takes much more time than the software version.
Business war gaming, corporate war gaming or business wargaming is an adaptation of the art of simulating moves and counter-moves in a commercial setting. In a complex global and competitive world, formulating a plan without testing it against likely external reactions is the equivalent of walking into a battlefield without the right weapons or a plan to win.
The "reverse ultimatum game" gives more power to the responder by giving the proposer the right to offer as many divisions of the endowment as they like. Now the game only ends when the responder accepts an offer or abandons the game, and therefore the proposer tends to receive slightly less than half of the initial endowment. [54]
The games of the Total War series have a combination of a (turn-based) strategy map with a (real-time) battle map, allowing the player to concentrate on one or the other. The games of the Hegemony series also combine a strategy map and a battle map (in full real-time) and the player can at any point in time seamlessly zoom in and out in between ...
The right perspective for an investor, according to Buffett, is that of a business owner — when you buy a stock, you’re buying a piece of a business. Therefore, the underlying operation of ...
This could work if you don’t need the money right away and want to continue earning a guaranteed interest rate. You can open the new CD at your current bank or shop around for better rates ...
Let Simon Decide allows users to select from a list of Simon's decisions or to create their own unique decision. Simon's decisions (separated into categories for Education, Lifestyle, Business & Work, Financial, Leisure, Purchase, Health, and Student) [7] feature lists of factors to consider, possible alternatives, and links to resources that are related to the decision.