Capstone Essay

5568 words - 23 pages

®

EXAMINATION GUIDE

® Capsim Management Simulations, Inc.

Welcome to Comp-XM
Your Registration Number
If your instructor or school did not give you a Registration Number, you will need to register online using a credit card or checking account. Welcome to Comp-XM® an integrated evaluation tool that will allow , you to demonstrate your business skills. Comp-XM has two sections: 1. A business simulation similar to the one you just completed and 2. A series of quizzes, called Board Queries, that ask questions related to your simulation environment.

The Simulation
Round 1

Board Queries
Board Queries are web-based quizzes that relate directly to the results of your simulation. ...view middle of the document...

Performance is evaluated using a Balanced Scorecard, an analysis technique that gauges results across four areas. ‡ )LQDQFLDO ‡ ,QWHUQDO %XVLQHVV 3URFHVV ‡ &XVWRPHU ‡ /HDUQLQJ DQG *URZWK

Round 2

Round 3

Round 4

Final

Table of Contents
1 Introduction . 2 Scoring . . . . . . . . . . . . . . . . . . . . . . . . . 1 . 2 . 2 . 2 . 2 . 2 . 3 . 3 . 3 . 3 . 4 . 4 4 Industry Conditions Report 4.1 Market Segments 4.2 Growth Rates . . . . . . . . . . . . . . . . . . . . . . . . . 5 . 5 . 6 . 6 . 8 . 8 . 8 . 8 . 8 . 9 . 9 . 10

2.1 Board Queries .

2.2 Balanced Scorecard . 3 Decision Summaries .

4.3 Rough Cut / Fine Cut 4.4 Seller’s Market . 5 Reports . . .

3.1 Research & Development . 3.2 Marketing . 3.3 Production 3.4 Finance . . . . . . . . . . . .

6 Website Instructions

6.1 The Comp-XM Spreadsheet 6.2 Dashboard . . .

3.5 Human Resources

6.3 Answering Board Queries . 6.4 Round Schedules 6.5 Self-Paced Exams . . . .

3.6 Human Resources Entries . 3.7 TQM/Sustainability . .

4

Differences From Your Previous Simulation

1 Introduction
You have just been recruited to head the Andrews Corporation’s newest spin-off, the Andrews Comp-XM Corporation. The unit concentrates Andrews’ biometric sensor efforts into a new, publicly traded company. decisions will be required (Table 1.1). Decisions and Board Queries require the Comp-XM Inquirer.
Table 1.1 Standard Comp-XM Schedule

Round

Activities Round 1 Decisions Board Query 1 Round 2 Decisions Board Query 2 Round 3 Decisions Board Query 3 Round 4 Decisions Board Query 4 No Decisions Final Board Query

Material Needed Round 0 Comp-XM Inquirer  Round 1 Comp-XM Inquirer Round 2 Comp-XM Inquirer Round 3 Comp-XM Inquirer Round 4 Comp-XM Inquirer

1.1 What Is Comp-XM?
Comp-XM is familiar, yet different from your experience in Capstone or Foundation. You are the CEO. You will be making decisions on your own; you will not be a member of a team. Like Capstone or Foundation, Comp-XM uses a spreadsheet and a web interface. “6 Website Instructions” discusses the mechanics. There are two parts to Comp-XM: A four-round simulation, and a series of web-based quizzes called Board Queries. Board Queries are questions posed by your Board of Directors. They are drawn from the unique results of your simulation. You could appear before the Board up to five times to answer their questions about your company.
Comp-XM Inquirer and Industry Conditions

1 2 3 4 Final

Your instructor can configure Comp-XM to have fewer Board Queries.

All the information needed to answer the questions appears within the pages of The Comp-XM Inquirer, an industry newsletter that is similar to The Capstone Courier or The Foundation FastTrack. “4 Industry Conditions Report” summarizes the current state of the biometric market.

1.3 Differences From Your Previous Simulation
Comp-XM has four market segments:

1.2 Workflow
Comp-XM has four decision rounds. Each round, you will enter a set of...

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