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Entrepreneur
                          - A Game of Industrial one-upmanship

Rules of Game:
Imagine you are an entrepreneur and you want to start a business. Generally you
will need six parameters to take care of. The detail information about all these
parameters is given as below.


1) Infrastructure

Sr no)   Cost             Maximum                Upkeep            Upgradation
                          Production Capacity    Cost(per turn)    Value
1)       60,000           500                    3,000             54,000
2)       114,000          1000                   5,700             102,600
3)       162,600          1500                   8,130             146,340
4)       216,800          2000                   10,840            195,120
5)       263,000          2500                   13,150            236,700


2) Machinery

Sr no)   Cost             Maximum Production      Upkeep           Upgradation
                          Capacity                Cost(per turn)   Value
1)       150,000          500                     7,500            135,000
2)       285,000          1000                    14,250           256,500
3)       406,500          1500                    20,325           365,850
4)       541,500          2000                    27,075           487,350
5)       657,000          2500                    32,850           591,300
3) Employees

                                     Wages(/unit)             Quality
1) Untrained                         150                      0%

2) Trained                           155                      1%

3) Trained and Experienced           168                      2%

4) Highly Trained & Experienced      175                      3%


4) Raw materials

                                      Cost(/unit)             Quality
1) Low Quality                        120                     0%

2) Normal Quality                     128                     1%

3) High Quality                       145                     2%

4) Very High Quality                  158                     4%


5) Technology:-

Project                                 Cost                  Benefits
1) Improving Storage Quality            6,000                 1%
2) Decreasing Machine Upkeep Cost       15,000                2.5%
3) Increasing Production Capacity       30,000                4%
4) Gaining ISO Certificates             32,000                4%


6) Marketing:-

                             Cost (per turn)        Quality
   1) Newspaper              10,000                 2%
   2) Internet               20,000                 4%
   3) Television             30,000                 6%
Important Notes:

   The company can produce less than the maximum production capacity.
   Maximum production capacity of company is the minimum of the
    maximum production capacity of infrastructure and maximum production
    capacity of machinery.
   Total no of Employees and total no of units of raw materials should be
    equal to the no of good produced. i.e. one employee with one unit of raw
    material will produce one good.
   Better raw materials and better employees lead to better production
    quality.
   Company has to decide the selling price of goods and quantity to be sold.
   Minimum 75 No. of goods should be produced in every turn.
   The selling price of goods need to be between Rs. 500/- and Rs. 1,000/-
   Amount of goods sold in market are based on the analysis by a leading
    portal on customer behavior which depends on the quality of product and
    brand value.
   When certain amount of production is not sold, it goes into storage. This
    amount can be sold in the next turn, but the drawback for the company is
    that they have to pay for the storage maintenance.
   Marketing and technology will help in improving the business.
   Improving storage capacity reduces the loss of goods due to storage.
   Reducing the machinery upkeep reduces the upkeep cost incurred on the
    company.
   Marketing and technology investment lasts for one turn.
   At the start of the game every company will have 10,000 shares priced at
    Rs. 120 and each company will be given liquid cash of Rs. 360,000.
   Share price changes according to the company performance, net assets and
    brand value.
   Shares can be liquidated to generate capital. The shares liquidated will be
    open in the market from which other companies can buy the share.
   Company who is selling its own or other company’s shares, will get the
    appropriate returns at the end of next turn.
   If the stock holding in a company reduces more than 50% the company, it
    will be declared as bankrupt.
 Technology upgrade explanation :
  1. Improve Storage Capacity - Reduces expenditure on maintenance of
     stored goods from 2% to 1%
  2. Decreasing Machine Upkeep Cost - Reduces upkeep cost from 5% to
     2.5%
  3. Increasing Production Capacity – Increases no. of goods sold in the
     market
  4. Gaining ISO Certificates – Increases demand of the good in market
     because of ISO certification




     You have the money, you have the resources ……
               Now show us what you got

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Entrepreneur rules

  • 1. Entrepreneur - A Game of Industrial one-upmanship Rules of Game: Imagine you are an entrepreneur and you want to start a business. Generally you will need six parameters to take care of. The detail information about all these parameters is given as below. 1) Infrastructure Sr no) Cost Maximum Upkeep Upgradation Production Capacity Cost(per turn) Value 1) 60,000 500 3,000 54,000 2) 114,000 1000 5,700 102,600 3) 162,600 1500 8,130 146,340 4) 216,800 2000 10,840 195,120 5) 263,000 2500 13,150 236,700 2) Machinery Sr no) Cost Maximum Production Upkeep Upgradation Capacity Cost(per turn) Value 1) 150,000 500 7,500 135,000 2) 285,000 1000 14,250 256,500 3) 406,500 1500 20,325 365,850 4) 541,500 2000 27,075 487,350 5) 657,000 2500 32,850 591,300
  • 2. 3) Employees Wages(/unit) Quality 1) Untrained 150 0% 2) Trained 155 1% 3) Trained and Experienced 168 2% 4) Highly Trained & Experienced 175 3% 4) Raw materials Cost(/unit) Quality 1) Low Quality 120 0% 2) Normal Quality 128 1% 3) High Quality 145 2% 4) Very High Quality 158 4% 5) Technology:- Project Cost Benefits 1) Improving Storage Quality 6,000 1% 2) Decreasing Machine Upkeep Cost 15,000 2.5% 3) Increasing Production Capacity 30,000 4% 4) Gaining ISO Certificates 32,000 4% 6) Marketing:- Cost (per turn) Quality 1) Newspaper 10,000 2% 2) Internet 20,000 4% 3) Television 30,000 6%
  • 3. Important Notes:  The company can produce less than the maximum production capacity.  Maximum production capacity of company is the minimum of the maximum production capacity of infrastructure and maximum production capacity of machinery.  Total no of Employees and total no of units of raw materials should be equal to the no of good produced. i.e. one employee with one unit of raw material will produce one good.  Better raw materials and better employees lead to better production quality.  Company has to decide the selling price of goods and quantity to be sold.  Minimum 75 No. of goods should be produced in every turn.  The selling price of goods need to be between Rs. 500/- and Rs. 1,000/-  Amount of goods sold in market are based on the analysis by a leading portal on customer behavior which depends on the quality of product and brand value.  When certain amount of production is not sold, it goes into storage. This amount can be sold in the next turn, but the drawback for the company is that they have to pay for the storage maintenance.  Marketing and technology will help in improving the business.  Improving storage capacity reduces the loss of goods due to storage.  Reducing the machinery upkeep reduces the upkeep cost incurred on the company.  Marketing and technology investment lasts for one turn.  At the start of the game every company will have 10,000 shares priced at Rs. 120 and each company will be given liquid cash of Rs. 360,000.  Share price changes according to the company performance, net assets and brand value.  Shares can be liquidated to generate capital. The shares liquidated will be open in the market from which other companies can buy the share.  Company who is selling its own or other company’s shares, will get the appropriate returns at the end of next turn.  If the stock holding in a company reduces more than 50% the company, it will be declared as bankrupt.
  • 4.  Technology upgrade explanation : 1. Improve Storage Capacity - Reduces expenditure on maintenance of stored goods from 2% to 1% 2. Decreasing Machine Upkeep Cost - Reduces upkeep cost from 5% to 2.5% 3. Increasing Production Capacity – Increases no. of goods sold in the market 4. Gaining ISO Certificates – Increases demand of the good in market because of ISO certification You have the money, you have the resources …… Now show us what you got