This post is about the ultimate Capsim guide, with helpful Capsim tips per round.
It’s all fun and games until you actually read the syllabus and notice 20% of your overall Capstone grade depends on Capsim.
Dropping the course is always an option, but it’s your last semester and this is the Capstone course.
Therefore, dropping the course now would be pointless, since this is the course everyone in the program has to suffer through for that degree.
Anyway, after going through this course you ought to increase your price during salary negotiation – you need to be compensated for the knowledge gained from this business simulation.
Or else all this stress, anxiety, sleep deprivation, and social isolation due to this business simulation was just busywork, and we all need a damn refund.
If you are looking for some help, here is a Capsim Guide with helpful Capsim tips per round to help you get through this MBA capstone course.
Before you begin, remember, the general strategy for this game is investing heavily in capacity, automation, and invention using long-term liabilities in the earlier rounds.
So make it rain! Be the baller you always wanted to be.
If this is a group assignment and your accounting and finance members are risk-averse individuals, you’ll want to dismiss them.
Yes!
Dismiss them. If you don’t dismiss them, be prepared for headaches later on in the game.
Other Capsim Guides
Capsim Tips Per Capsim Round
Brief Summary Capsim Tips Round 1
Capsim Reminders Before Starting Capsim Business Simulation Game
- Remember, the price range decreases by $0.50 on both ends every year.
- Make sure there is enough capacity for production for each segment.
- Very important: If a new product is invented, invest in capacity.
- If funds are available (most likely not) invest in automation for invented products.
- Changing a product size and or performance repositions a product on the perceptual map. i.e. Improving performance and decreasing size moves the product towards the lower right on the perceptual map.
- Not repositioning a product moves the product to the low-end market segment.
- Overall, you will really want to read the instructions booklet to get a better understanding of the game. Without going through the booklet you will be playing blindly which can negatively impact your grade.
Research and Development (R&D) Decisions Capsim Tips Round 1
- Invented a new product.
Marketing Decisions Capsim Tips Round 1
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Tips Round 1
- Purchased automation for new product and existing products.
- Purchased capacity for new product invented and existing products.
Finance Decisions Capsim Tips Round 1
- Issued stocks.
- Issued bonds.
- Changed Accounts Receivables due date to 90 days.
- Changed Accounts Payables payment date to 30 days
Brief Summary Capsim Tips Round 2
Research and Development (R&D) Decisions Capsim Tips Round 2
- Repositioned segments: traditional, high-end, performance and size.
Marketing Decisions Capsim Tips Round 2
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Tips Round 2
- Purchased more automation.
- Purchased more capacity.
Finance Decisions Capsim Tips Round 2
- Issued stocks.
- Issued bonds.
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Tips Round 2
- Recruiting costs: $5,000.
- Training: 80 hours.
- Negotiated new labor terms.
Brief Summary Capsim Round 3
Research and Development (R&D) Decisions Capsim Round 3
- Repositioned segments: high-end, performance, size, and high-end (invented product).
Marketing Decisions Capsim Round 3
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Round 3
- Purchased more automation.
- Purchased more capacity.
Finance Decisions Capsim Round 3
- Issued stocks.
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Round 3
- Recruiting costs: $5,000.
- Training: 80 hours.
Brief Summary Capsim Tips Round 4
Research and Development (R&D) Decisions Capsim Tips Round 4
- Repositioned segments: traditional, high-end, performance, size, and high-end (invented product).
Marketing Decisions Capsim Tips Round 4
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Tips Round 4
- Purchased more automation.
- Purchased more capacity.
Finance Decisions Capsim Tips Round 4
- Issued stocks.
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Tips Round 4
- Recruiting costs: $5,000.
- Training: 80 hours.
Total Quantity Management (TQM) Capsim Tips Round 4
- Costs: $1,500 per category.
Brief Summary Capsim Tips Per Round 5
Research and Development (R&D) Decisions Capsim Tips Per Round 5
- Repositioned all segments.
Marketing Decisions Capsim Tips Per Round 5
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Tips Per Round 5
- Purchased more automation.
Finance Decisions CapsimTips Per Round 5
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Tips Per Round 5
- Recruiting costs: $5,000.
- Training: 80 hours.
Total Quantity Management (TQM) Capsim Tips Per Round 5
- Costs: $1,500 per category.
Brief Summary Capsim Tips Round 6
Research and Development (R&D) Decisions Capsim Tips Per Round 6
- Repositioned segments: traditional, high-end, performance, size, and high-end (invented product).
Marketing Decisions Capsim Tips Round 6
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Tips Round 6
- Purchased more automation.
- Purchased more capacity.
Finance Decisions Capsim Tips Round 6
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Tips Round 6
- Recruiting costs: $5,000.
- Training: 80 hours.
Total Quantity Management (TQM) Capsim Tips Round 6
- Costs: $1,500 per category.
Brief Summary Capsim Tips Round 7
Research and Development (R&D) Decisions Capsim Tips Round 7
- Repositioned segments: traditional, high-end, and high-end (invented product).
Marketing Decisions Capsim Tips Round 7
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Tips Round 7
- Purchased more capacity.
Finance Decisions Capsim Tips Round 7
- Retired stocks.
- Retired bonds.
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Tips Round 7
- Recruiting costs: $5,000.
- Training: 80 hours.
- Negotiated new labor terms.
Brief Summary Capsim Tips Round 8
Research and Development (R&D) Decisions Capsim Round 8
- Repositioned segments: traditional, high-end, performance, size, and high-end (invented product).
Marketing Decisions Capsim Round 8
- Paid for accessibility.
- Paid for awareness.
Production Decisions Capsim Round 8
- No more automation and capacity purchased.
Finance Decisions Capsim Round 8
- Retired stocks.
- Retired bonds.
- Accounts Receivables due date to 90 days (same from the previous round).
- Accounts Payables payment date to 30 days (same from the previous round).
Human Resource Decisions Capsim Round 8
- Recruiting costs: $5,000.
- Training: 80 hours.
Capsim Andrews Annual Financial Reports
