News Article
24 October 2017
Oxford Biodesign Business Simulation 16-18 October 2017

Oxford Biodesign ran a business simulation event for three days earlier this month (16-18 October).

NegoSim is a computer-assisted business simulation in which teams of 4 or 5 participants are in charge of managing virtual companies that compete in international markets. During the three days, the teams simulated six quarters (eighteen months) in the life of their companies. In doing so, they made six sets of business decisions on product portfolio, pricing, advertising, marketing, manufacturing, human resources, finance, international expansion, alliances, R&D projects, etc.

NegoSim makes it possible to compare the relative performance of the various teams after each set of decisions, based on stock price and market-to-book. In NegoSim, companies not only compete but also cooperate by negotiating and signing outsourcing agreements, strategic alliances and production joint-ventures.

Programme

  1. Our Mission
  2. Outline of Training Programme
  3. Identify
  4. Invent
  5. Incubate
  6. Short Programme
  7. Resources

People

  1. Directors
  2. Fellows
  3. Steering Committee

Partners

  1. Contributors
  2. Supporters

Achievements

  1. Achievements

News & Events

  1. Events & Workshops

Contact

News Article
24 October 2017
Oxford Biodesign Business Simulation 16-18 October 2017

Oxford Biodesign ran a business simulation event for three days earlier this month (16-18 October).

NegoSim is a computer-assisted business simulation in which teams of 4 or 5 participants are in charge of managing virtual companies that compete in international markets. During the three days, the teams simulated six quarters (eighteen months) in the life of their companies. In doing so, they made six sets of business decisions on product portfolio, pricing, advertising, marketing, manufacturing, human resources, finance, international expansion, alliances, R&D projects, etc.

NegoSim makes it possible to compare the relative performance of the various teams after each set of decisions, based on stock price and market-to-book. In NegoSim, companies not only compete but also cooperate by negotiating and signing outsourcing agreements, strategic alliances and production joint-ventures.