Helping a team in trouble

Helping a team in trouble

Info
This article is intended for instructors.

Notes
This article is for Entrepreneurship, Management and Marketing simulations.

In certain situations, you may need to help a team that is struggling financially. To do so, you can add a sum of money directly to the team’s Income Statement.

Follow these steps to help out a team in trouble:

  1. Log in to www.praxar.com and go to the appropriate simulation.
  2. In the “Simulation” panel, click on “Access.”
  3. In the “Team Performance” section, click on the arrow to the far right of the team’s name to open the drop-down list.
  4. On this list, select “Help or penalize this team.” A new window will open.
  5. Simply enter the desired amount and click “Save.”

The amount will appear in the “Instructor intervention” item of the Income Statement that will be generated when the current round is simulated. However, it will appear immediately in the Budget Forecast. Note that monies you add through an “Instructor intervention” are not considered taxable.

If you would like to penalize a team, see Penalizing a team


    • Related Articles

    • Penalizing a team

      This article is intended for instructors. This article is for Entrepreneurship, Management and Marketing simulations. In certain situations, you may need to penalize a team. To do so, you can subtract a sum of money directly from the team’s Income ...
    • Forming teams manually

      This article is intended only for instructors. This article applies only to the Team version. This article is for Entrepreneurship, Management and Marketing simulations. Although you can create teams on the instructor portal, we recommend that you ...
    • Latecomers

      This article is intended for Instructors. This article is for Entrepreneurship, Management and Marketing simulations. Due to any number of reasons, sometimes instructors will find themselves with a student who has entered into the course late. ...
    • The Simulation Phase

      This article is intended for instructors. This article is for Entrepreneurship, Management and Marketing simulations. Team version versus solo version: this article presents all the features of the team version. Some features may not be available in ...
    • Financial Accounting: Using the Glossary to rename Accounts

      This article is intended for Instructors This feature is available only for the Financial Accounting simulation. There are two main categories of Accounts: Income Statement and Balance Sheet accounts. Clicking on either of these will drop down their ...