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Leadership Assessment & Business Simulation Games > Business Simulations > Income/Outcome > Entrepreneurial Challenge > Learning Objectives

Entrepreneurial Challenge

Learning Objectives

 At the end of this program the participant will understand:

  • the difference between cash and profit,
  • fixed and variable costs,
  • the impact of inventory build-up,
  • basic financial statements – income statement, balance sheet, and
  • why your company uses specific financial measures; operating income, EVA, etc.

Each participant will experience:

  • generating financial statements for their operating company,
  • using operating income to compare results to competitors, and
  • choosing an area of the operation to improve.

Each participant will be better equipped to:

  • interpret financial reports and control costs,
  • reduce inventories and other working capital,
  • better serve internal and external customers, and
  • understand how their actions impact other areas of the company.

Course Overview :: Course Outline