| Type of
class exercise suited for: |
|
| Time needed
(min): |
120+ min
|
| Number
of students exercise ideal for: |
31-40
|
| Type of exercise: |
simulation
|
| Exercise is conducted
as: |
group of 2-5
|
| Years
exercise has been conducted |
8-10
|
Abstract about idea/exercise
|
| Is the Idea Feasible is a method used for the last 7-10 years that teaches a disciplined approach to students on how to assess the feasibility of an idea by developing an enriched vision of the business and projecting and gauging possible success by best case, average case, and worst case scenarios. |
Feedback/comments
received about idea/exercise
|
| Many students have told me that it has been very valuable and a missing part of their education. It allows them to use their imagination and at the same time bring together many of the tools of their business education into a cohesive whole. Plus they have felt it was a very enjoyable experience. |
| Documents: |
|
http://www.3e-learning.org/uploads/Kaufmann Contest May 31 Overview.doc
|
http://www.3e-learning.org/uploads/Cash Flow Format - Alter for Your Individual Business.xls
|
http://www.3e-learning.org/uploads/1776 Restaurant Map.pub
|