live group activity goventure micro business simulation we will collectively run a business. when...
TRANSCRIPT
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Live Group Activity
GoVenture Micro Business Simulationwww.goventure.net
We will collectively run a business.
When making decisions, majority rules. – One keypad at each table.
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Warm-up Questions
Each table discuss your answers together. Keypad holder enters the collective answer – if you can’t agree, majority rules.
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My favourite emoticon is:
A. :-)
B. ;-)
C. :-(
D. Emotiwhat?
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How many people at your table have a birthday in May?
A. 4 or more people say yes.
B. 3 or more people say yes.
C. 2 people say yes.
D. 1 person says yes.
E. No one says yes.
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Who makes better music?
A. Justin Timerlake
B. Jessica Simpson
C. Kevin Federline
D. None of the above. Elvis rules!
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How many people at your table play video
games?A. Almost everyone says yes.
B. 3 or more people say yes.
C. 2 people say yes.
D. 1 person says yes.
E. No one says yes.
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How many people at your table want to start their own
businesses some day?
A. Almost everyone says yes.
B. 3 or more people say yes.
C. 2 people say yes.
D. 1 person says yes.
E. No one says yes.
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GoVenture Simulation
We will open and operate a mobile cart business!
We will make the business decisions together.
Majority rules.
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What products should we sell?
A. Ice Cream
B. Popcorn & Snacks
C. Hot Dogs
D. Clothing
E. Jewelry
F. Small Electronics
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What should our Business Name be?
A. Icy Ice Cream
B. Snackelicious
C. That’s Hot, Dogs
D. Fashion Up
E. Be Jeweled
F. Electronicapalooza
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Where should we locate today?
A. Factory
B. Business District
C. Shopping District
D. Park
E. Arena
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What hours should we work today?
A. 9am to 5pm
B. 7am to 7pm
C. 10am to 4pm
D. 11am to 9pm
E. 12pm to 3pm
F. Relax – take the day off!
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What prices should we set?
A. Keep them as they are.
B. Raise them a bit.
C. Raise them a lot.
D. Lower them a bit.
E. Lower them a lot.
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How much inventory should we buy?
A. Buy as much as possible.
B. Buy as little as possible.
C. Buy somewhere in between.
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Should we invest in quality and appearance?
A. No
B. Yes, a low amount
C. Yes, a medium amount
D. Yes, a high amount
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How many employees should we hire today?
A. 0
B. 1 of the cheapest
C. 1 of the best
D. 2 of the cheapest
E. 2 of the best
F. 3
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What kind of advertising should we do?
A. None
B. Radio
C. Newspaper
D. Street Entertainer
E. Two of the above
F. All Three of the above
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Open for Business!
Watch the results unfold.
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How well did we do?
A. Great
B. Good
C. Satisfactory
D. Poorly
E. Really bad! Time to get a real job.
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What did we do right?
A. Location
B. Schedule
C. Prices
D. Inventory
E. Employees
F. Advertising
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Where did we go wrong?
A. LocationB. Schedule C. PricesD. InventoryE. EmployeesF. Advertising G. Getting up out of bed this
morning!
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Repeat again for next day!
Back to Products slide.
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Wrap-up
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Running a business is …
A. Tougher than I thought!
B. Easier than I thought!
C. Pretty well what I thought.
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GoVenture makes me want to …
A. Learn more about business.
B. Run my own business.
C. Run screaming!
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What did you think of this session?
A. I love it!
B. I love it!
C. All of the above.
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Live Group Activity
GoVenture Micro Business Simulationwww.goventure.net