Specisoft supplied the Department of Production and Management Engineering of the School of Engineering of the Democritus University of Thrace with two programs, namely “BGAME – Competitiveness Business Game” and “BPLAN – Business Planning”, to support the university’s courses.
In particular, “BGAME – Competitiveness Business Game” is a business simulator in which students take over the running of a company and make business decisions on developing new products, marketing actions, entering new markets, managing human and other resources, taking out loans etc. With this Specisoft software the institution can develop students’ business skills by simulating the real operations of a company. With this simulation technique, students will hold an initial capital and will create and run their own company for a number of years. The BGAME software belongs to the category of serious games, as scientifically defined.
The supervising teacher sets the many parameters that define the framework of the competitive market, so that any competitive market is adequately described in the way the teacher wishes. For their part, the student-managers take decisions on Selling prices, Advertising, Credit to customers, investment in technology, financing, as well as on creating a production unit, purchasing materials etc. They can also choose only to trade, buying the products rather than producing them. While the program is running, the students will make their decisions, which will be sent automatically to the teacher over the local network or the Internet.
The printouts produced by Specisoft’s “BGAME – Competitiveness Business Game” are: Production materials, Production cost, Cost of goods sold, Income statement, Balance Sheet, Book Value of the share, Cash Flow, Loan tables, depreciation etc. It is worth noting that the software comes with sample games.
The second program the university acquired from Specisoft is “BPLAN – Business Planning”, for preparing multi-year Business Plans. In a simple way, this software accepts the data that make up the Business Plan and automatically produces a complete multi-page report with the entire content of the Business Plan.