How to access the market study
This article is intended for students.
This article is intended for Praxar's Golf, Video game, and Kayak simulations only.
Accessing the Market Study
The Market Study lets you compare your company’s decisions with those of your competitors. To access it, click the
Market Study icon where available in your decision forms.
How it works
- Purchasing the Market Study is optional, and can be purchased in multiple rounds of the simulation, if desired.
- Once purchased, you’ll instantly have access to competitors’ decisions from the previous year when clicking on any of the Market Study icons.
- The Market Study is available for decisions that can be compared among companies (for example, pricing, marketing choices, etc.).
- The data from the study is only available to students for that current round.
Availability
- If the icon appears greyed out, the Market Study is not yet available.
- If your simulation begins with a Test Year, the Market Study becomes available starting in Year 1.
- If your simulation begins in Year 1, it will only become available from Year 2 onward.
Cost and Financial Tracking
- The cost of a Market Study is listed in your Income Statement for the year of the purchase.
- This expense is not shown as a separate line item - you will need to analyze your financial report to determine where it has been categorized.
- The cost varies from year to year.
Reviewing your Income Statement after purchasing a Market Study helps you understand how strategic expenses affect your company's financial performance.
Related Articles
Video Game: How to handle unexpected losses and results?
This article is intended for students. This article is only for the Marketing simulation. Just like in the real business world, you are playing a game where the outcome depends on more than just your decisions. The situation is that your business is ...
Saving Decisions - It's Important!
This article is intended for students only. This article applies to the Team version of Praxar's Golf, Kayak, and Video game simulations. Why You Must Save Your Decisions When entering decisions in any decision form, it is essential to click the Save ...
Why results are different from the estimated budget?
This article is intended for students. This article applies to Praxar's Golf, Kayak, and Video game simulations. Why the numbers change after simulation When you view your Estimated Budget, the simulator is calculating: Your projected sales based on ...
Golf: What is the best strategy for success?
This article is intended for students. In management simulation, there is no single best strategy for achievement. Different strategies can contribute to your company's success. Throughout the simulation, you'll have to make decisions that allow you ...
How can I see the previous decisions?
This article is intended for students. This article is for Entrepreneurship, Management and Marketing simulations. Next to each decision on the decision forms, you will see this icon: When you click on the arrow icon, a table will appear showing the ...