The Test Year - Everything you wanted to know
This article is intended for Instructors
This article is for Entrepreneurship, Management and Marketing simulations.
The Test Year is a trial run for Year 1 of the simulation. It allows the participants to try the simulation together with their team members for the first time and to learn how their decisions affect their results. Individuals doing a solo experience will also benefit from seeing the results their choices have caused.
After the Test Year is over, the simulation is automatically set ready for Year 1. There are some important points to note about this, however:
- The results displayed at the start of Year 1 and all the advice given by the virtual managers in Year 1 are based on the decisions taken by the participants in the Test Year. They help students make better decisions when the competitive simulation begins.
These results do not count towards the rest of the Simulation. In fact, each company in the Simulation starts in the same financial situation as they did in the Test Year.
To facilitate data entry, most decisions made in the Test Year are automatically entered into the decision forms of Year 1. These decisions should of course be reviewed by students with the knowledge gained by analyzing the results of the Test Year.
- The Test Year can be skipped and students can be made to instead start directly at Year 1 - See Skipping The Test Year
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