The document provides an overview of an international business simulation called iBizSim. It details the structure of the simulation, which involves multiple competing companies selling two products, Petra and Quarto, across two markets. It outlines the management tasks involved in defining goals, planning strategies, ensuring resources, production, and market supply. Key aspects of the simulation covered include company policy, data analysis, the decision-making methodology, products, markets, demand development, terms of payment, image, production, costs, finance, and currency exchange. The simulation is run in chronological periods and requires teams to make strategic decisions to improve their company's performance and position relative to competitors.