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http://purl.umn.edu/28612
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| Title: | SUPERMARKET UNIVERSITY: INSTRUCTION MANUAL FOR SUPERMARKET CHAIN SIMULATOR |
| Authors: | Babb, Emerson M. German, Gene A. |
| Authors (Email): | Babb, Emerson M. (babbsuper@aol.com) |
| Keywords: | supermarket simulator supermarket management financial management |
| Issue Date: | 1997 |
| Series/Report no.: | Staff Paper 97-05 |
| Abstract: | The Supermarket Chain Simulator is used to train persons about business principles and techniques and in supermarket management. Operating decisions are made about product orders, departmental margins, promotions, advertising, store hours and labor. Financial decisions are made about opening new stores, remodeling, investments and loans. From 2 to 5 firms (teams) compete with one another. Decisions made by one team affect its performance and that of rivals. Results are reported in the form of operating statements, balance sheet, inventory, labor and ratio analyses, market share and competitive report, cash flow report and change in balance sheet accounts. |
| URI: | http://purl.umn.edu/28612 |
| Institution/Association: | Purdue University>Department of Agricultural Economics>Staff Papers |
| Total Pages: | 22 |
| Language: | English |
| Collections: | Staff Papers
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