Form II EMS Day

Ems Day 1

On Friday 7 February, the Form II girls participated in a business simulation day facilitated by the Johannesburg School of Finance. The girls were divided into teams and formed their own businesses to compete against one another inorder to gain the most profit. A dice is rolled to determine what the weather will be for the next round as the "weather" plays a very important role. Supply and demand are evident to ensure that each business will make profit and sell out all products.

In each round of the simulation game, the teams make important pricing, marketing and purchasing decisions. After each round, decisions are fed into a computer programme that has been designed to recreate a "real life" market environment and produce instant results. Based on their results, teams had to make adjustments to their strategies for the next round. The winning team is the one that can out-strategise the competition over the four rounds played.

The girls had a fun-filled day.

Wendy Ievers
HOD: Accounting

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