Selling & Finance Diplomas Profit Games and Simulations

Profit Games and Simulations Online Entrepreneur MBA

Business and Finance Online Learning Courses and Tools

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Business Finance and Simulation tools

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You start a practice or a game in the overview picture below.
- In the practices
you follow stories.
- In the games you decide in which office you will take the nearest decisions by means of the balance sheet.

Profit Games Selling & Finance Diploma

Reports and calculations with Facts

To your help there are tools as reports and calculations which all have a link, Facts or Info, with specific learning materials about theory and factual knowledge.

The contents vary with course and course level.

Balance reports

– Balance sheet (BS)

    What do you own and how?

– Graphic balance sheet

    How it looks pictorially.

– Solidity

    How much is money of your own?
    How it looks pictorially.
    Equity-to-assets ratio.
    Debt-to-assets ratio.
    Debt-to-equity ratio.

– Liquidity

    Can you pay and with what?
    How it looks pictorially.
    Net cash liquidity.
    Acid-test ratio.
    Current ratio.
    Working capital.

– Shares

    At Expert level in Market strategies.
    Valuation.
    Key ratios.

Income reports

– Income statement (P&L)

     What are the results?
     Income statement (Profit & Loss).
     Result levels and margins.
     Types of costs and levels.
     Connection with the balance sheet.

– Graphic Profit & Loss

     How they look pictorially.
     Graphic layouts and contents.
     Terms and definitions.
     The flow of money.

Continuation level and higher:

– Sales analysis

     Where is the decisive point?
     Calculation terms and definitions.
     Break-even analysis (incl graphic).
     Comparison with P&L.

– Turnover and capital needs

     Interrelationships between balance sheet and income statement.
     Capital utilization and profitability.
     Productivity.
     Input-Output-analysis.
     Graphic.

– Cash flow analysis

     Payment oriented business finance.



Profitability reports

Advanced and Expert levels:

– Return on Assets (ROA)

     What is the required return?
     Profitability diagram.
     What is a good profit?
     Required return.
     Analysis of measures.
     Satisfied-customer-index.

– Causal analysis

     Profitability changes and why.

– Margin and rate of turnover

     How is the rate of return changed?
     Profitability.
     Marginal change.
     Rate of turnover.
     Graphic.

– Return on Equity (ROE)

     What is the required return?
     Terms of capital and result levels.
     Required return and interest on debt.

Expert level

– Return on Capital Employed (ROCE)

   What is the required return?
   Terms of capital and result levels

– Financial Leverage (ROA to ROE)

   Profitability and leverage effect.
   Interest on debt and cost of capital.
   Required return.


Remaining reports

– Scorecard

     Targets and realization.

– Scoreboard

    
Attained targets in the practices.

– Notes

    
Experiences and action plans.

Calculation and planning tools

– Sales-Purchase I

     Fundamental tools:
     Price, margin and contribution.
     Mark-up in percent and money.
     Discount I.
     Sales price from margin demand and
     input price and vice versa.

– Purchase tools II

     Tools on different levels:
     Purchase cost.
     Cost of sales.
     Storing cost.
     Rate of turnover.
     Order point.
     Economic purchase amount.
     Discount II.

– Profit budget

     Future oriented income statement.

– Cash management

     Future and payment oriented business finance.

Introductory parts of the tools above are used on the Basic level.
The following is mostly used from Continuation to Expert level.

– Sales tools II

     Sales economics.
     Contribution- and cost price calculations.
     Contribution to fixed cost and profit.
     Contribution ratio and margins.
     Break-point sales in money and units.
     Safety margins.
     Graphic.

– Cost-plus III

     Simple markup costing.
     Waste, discounts and sale.
     Calculated costs.
     Weighted average costing.
     Single-product and multi-product businesses.
     Standard costing.
     Cost centers.
     Markup costing in cost centers.
     Machine and time costing.
     ABC.
     Market price.
     1. Immediate goal.
     2. Strategy.
     3. Competitor pricing.
     4. Costs.
     5. Tactic.
     6. Set price.

– Price tools III

     What are the requirements and
     interrelationships between price and
     volume changes?

– Capital tools I

     Investment calculations.
     Investment economics.
     Payback period.
     Rate of capital utilization and turnover.
     Return on investment ROI.
     Productivity.
     Present value at equal amounts.

– Investment II

     Present value at different amounts.
     Internal rate of return and hurdle rate.
     Project economy.

Business Simulations

In all games and practices you can put in your own values and see the results in reports of the same type as those in the column to the left in order to ...

 – Find out the answer to Why? What? and How?

 – As well as in practices and games give an overall big-picture understanding of the business finance and its interrelationships.

 – Increase financial literacy and business acumen.

 – Shorten training cycles (hours of games and simulation replace days of lecture).


Business Strategies

In the game on the Expert level you carry through strategies to attain further targets.

Base strategies

What supplementary strategies do you choose with respect to high or low price strategies?

Market strategies

You can se the results among others in the report Shares.

Help

Business dictionary.
Instructions.
Leader guide.
Course design for blended learning.

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