Financial Simulation – very useful
I've studied the financial module for two days so far. Although, my first degree involved some modules about accounting and finance, i totally almost forget. This module help refreshing me a lot. I was a production manager. Actually, along the way we played the simulation, i kept asking myself how can i be better for the role because i hv not much idea how to do it. When the simulation ended i think to be more effective and efficient production manager, i should be able to foresee what will be happpened... because when my group result came out i found that if i could think about changing a machine to produce other products, our company would get more 50 million dollar. However, going bankruptcy is not the point of the simulation, i think what i and also my classmate have learnt about it is how to deal with the change because i think not everybody used to play the role the got before and also whatever failure we faced is a great lesson of our learning process as well.
fishing tackle
very interesting thanks
08 Jan 2009, 13:28
banruptcyadvice
The business sector could possibly be the best at learning from mistakes. Individuals, societies, nations and the world have proven an inability to learn from mistakes.
11 Feb 2009, 09:14
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