"The Prince" by Machiavelli is a political treatise written in the 16th century by Niccolo Machiavelli, an Italian diplomat. He postulates that a ruler needs to be concerned about their reputation, but also should not shy away from using brute force or deceit in achieving one's goals. Many elements of 'Machiavellianism' are used to get ahead in today's business world, where the focus is on the stock exchange and market capitalisation of one's firm. The Board Room, a business simulation developed by LearnBiz, helps participants understand many of these principles. Check it out at http://learnbizsimulations.com/page/gametbr.php

1. Kathiresan L
- Machiavelli

2. • Much easier to rule.
• Unless extraordinary vices cause him to be
hated, it is reasonable to expect that his
subjects will be naturally well disposed
towards him.
The Board Room Simulation?
• Old products will have sales! No need to
advertise much.
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3. • Not to allow a foreign power to gain
reputation.
• To install one's princedom in the new
acquisition.
The Board Room Simulation?
• Acquire a competitor in the industry and
enjoy growth through acquisition!
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4. • Act against mercy, against faith, against
humanity, against frankness, against
religion, in order to preserve the state.
The Board Room Simulation?
• Environmental Issues
• Labor Grievances
T.A. Pai Management Institute 4
• PATv
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5. • When you injure someone, do it in a way
so that he cannot take revenge.
The Board Room Simulation?
• The blunder of ‘capacity addition’.
• Capitalise on errors by the competitors to
create entry barriers.
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6. • Men are so happily absorbed in their own affairs
and indulge in self-deception.
The Board Room Simulation?
• Doubling of share price!! But hold on, it is only
from 10 to 20, whereas your competitor is at 200
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