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- Global_Management_Challenge abstract "Global Management Challenge (GMC) is a strategic management competition for managers and university students. Participants form teams of 3-5 members, and each team is placed in a group of 5-8 teams, depending on the round of the competition. The teams are then given a virtual company, initially identical to every other company in the competition. Each team then develops their company by making a series of decisions relating to every aspect of the business, such as how many machines to buy, or how much to spend on advertising. In each round, five sets of decisions are taken, corresponding to five quarters. A quarter is a period said to span three months.These decisions - made on the Decision Sheet - are run through sophisticated business simulation software, which generates in-depth Management Reports, showing the consequences of the decisions. The aim is to finish the game with the highest share-price on the virtual stock exchange.The competition is divided into rounds with usually 3 or 4 rounds on national level and 2 rounds on international level. The number of national rounds can vary in each country and depends on number of participants. Some countries use slightly different approach and combine Global Management Challenge with other competitions. In India teams compete in another competition which is more sector related (e.g. they run a car manufacturing company) and the last 8 teams join GMC national final. Also in Germany the participants play GMC only in their final round. As it might seem interesting it brings disadvantage to those teams because they are not so familiar with the simulation compared to other teams on the international level.".
- Global_Management_Challenge wikiPageExternalLink www.edit515.co.uk.
- Global_Management_Challenge wikiPageExternalLink www.global-management.net.
- Global_Management_Challenge wikiPageExternalLink www.gmchelper.com.
- Global_Management_Challenge wikiPageExternalLink www.gmcrussia.ru.
- Global_Management_Challenge wikiPageExternalLink www.worldgmc.com.
- Global_Management_Challenge wikiPageID "16546951".
- Global_Management_Challenge wikiPageRevisionID "598699445".
- Global_Management_Challenge hasPhotoCollection Global_Management_Challenge.
- Global_Management_Challenge subject Category:Business_simulation_games.
- Global_Management_Challenge type Abstraction100002137.
- Global_Management_Challenge type BusinessSimulationGames.
- Global_Management_Challenge type Contest107456188.
- Global_Management_Challenge type Event100029378.
- Global_Management_Challenge type Game100456199.
- Global_Management_Challenge type PsychologicalFeature100023100.
- Global_Management_Challenge type SocialEvent107288639.
- Global_Management_Challenge type YagoPermanentlyLocatedEntity.
- Global_Management_Challenge comment "Global Management Challenge (GMC) is a strategic management competition for managers and university students. Participants form teams of 3-5 members, and each team is placed in a group of 5-8 teams, depending on the round of the competition. The teams are then given a virtual company, initially identical to every other company in the competition.".
- Global_Management_Challenge label "Global Management Challenge".
- Global_Management_Challenge label "Global Management Challenge".
- Global_Management_Challenge label "Global Management Challenge".
- Global_Management_Challenge sameAs Global_Management_Challenge.
- Global_Management_Challenge sameAs Global_Management_Challenge.
- Global_Management_Challenge sameAs m.03y9kxg.
- Global_Management_Challenge sameAs Q3108959.
- Global_Management_Challenge sameAs Q3108959.
- Global_Management_Challenge sameAs Global_Management_Challenge.
- Global_Management_Challenge wasDerivedFrom Global_Management_Challenge?oldid=598699445.
- Global_Management_Challenge homepage www.worldgmc.com.
- Global_Management_Challenge isPrimaryTopicOf Global_Management_Challenge.