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Mikesbikes-Advanced (Mb-a

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Quickstart Guide
MikesBikes-Advanced (MB-A) is an Online Business Simulation that will give you the opportunity to run your own company, managing all the key functional areas of a Firm. It is used as an interactive tool to enhance the integration and learning of the basic concepts of business in a real life context. You will get hands on experience at making critical price, marketing, operations, product development, and financial decisions. There are two variants of MB-A, the Single-Player and the Multi-Player. The main differences between the two are detailed below: Single-Player • Practice version of MB-A, no Internet connection required. • You are able to roll forward into the next decision period/year, or roll back as you wish in …show more content…

When you login to your Firm you will be making decisions for the year ahead (click ‘OK’ in a decision screen for these to be saved on our server) and at the decision deadline/Rollover, these will be processed. In a typical year you will review your previous year's performance by reading the various reports available to you then formulate a set of decisions based on this data. You will then enter your decisions in each screen based on your analysis. We recommend that you focus on accurate forecasting, this can be done using the reports available as well as the Offline Mode feature to give an indication of your results (Note: Offline Mode does not factor in your current competitors’ decisions, only their past decisions). In Offline Mode once you are ready to enter decisions into the Online Mode, take a copy of the Current Decisions and/or Previous Decisions Report, disconnect then re-connect.

Segments
MikesBikes-Advanced models a bicycle industry in a fictional market but with market data based on a real World scenario in the US market. Consumers in these markets have high discretionary income, and will freely buy any bicycle that suits their individual needs. There are five market segments: • • • The Adventurer Segment: Broadly typified by the young suburban bicycle purchaser who wishes to buy a mountain bike. Usually prepared to pay more for a reliable product that suits their specific needs. The Commuter Segment: Consumers who require a bike

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