UnEARTHing Iowa, College of Growth in Iowa
 Ria Thompson |
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| Skyler Wistrom 
|
Jon Konz |
Today we had the distinct pleasure of participating in a virtual business simulation. It was quite exciting to do, and it definitely broke up the monotony of the class room style lectures. I learned that it definitely takes some foresight and knowledge to make a business successful. I know that my group definitely had trouble figuring out how to keep out warehouse stocked up. We were definitely at a slight disadvantage, however. Our computer would not show us any of the tables on the website. Fortunately though, all of the other computers were up to par. It was definitely one of the more exciting parts of the day. A little friendly competition is always good for getting the blood pumping. Our company could have done much better if we had asked for help sooner. Once we discovered how to keep our inventories up, we began to rise back up again, and actually jumped up two spots in the last quarter. Sadly though, it was too little too late for our young company. I am just glad that it was a simulation because we definitely could have lost a lot of jobs for our diligent workers.
This program was very good for understanding the difference between price, demand, and inflation. However, I feel as though it did not teach me anything about the actual process of running a business. We were able to change everything with the click of the button, but something tells me that in the real world, the process would be a little more complicated than that. Honestly though, if the game had been much more complicated, I probably would not have been able to handle it. I was confused enough as it was. So, I guess kudos are deserved for the game-designers for knowing their target audience well. |
Aug 10, 2009 9:51 PM
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Leadership Iowa University is a program of the Iowa Association of Business and Industry (ABI) Foundation. The program is designed to bring together two ABI Foundation programs, Leadership Iowa and Business Horizons, to create a unique opportunity for college students. Leadership Iowa University will educate, inspire and develop young leaders as the foundation for Iowa’s future economic growth and encourage their on-going involvement in local communities and the state to create a better future for all Iowans. |  |
