Live Group Activity
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Transcript of Live Group Activity
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Live Group Activity
GoVenture Micro Business Simulationwww.goventure.net
We will collectively run a business.When making decisions, majority rules. – One keypad at each table.
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Warm-up Questions
Each table discuss your answers together. Keypad holder enters the collective answer – if you can’t agree, majority rules.
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My favourite emoticon is:
A. :-)B. ;-)C. :-(D. Emotiwhat?
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How many people at your table have a birthday in May?
A. 4 or more people say yes.B. 3 or more people say yes.C. 2 people say yes.D. 1 person says yes.E. No one says yes.
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Who makes better music?
A. Justin TimerlakeB. Jessica SimpsonC. Kevin FederlineD. None of the above.
Elvis rules!
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How many people at your table play video
games?A. Almost everyone says yes.B. 3 or more people say yes.C. 2 people say yes.D. 1 person says yes.E. No one says yes.
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How many people at your table want to start their own
businesses some day?A. Almost everyone says yes.B. 3 or more people say yes.C. 2 people say yes.D. 1 person says yes.E. No one says yes.
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GoVenture Simulation
We will open and operate a mobile cart business!
We will make the business decisions together. Majority rules.
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What products should we sell?
A. Ice CreamB. Popcorn & SnacksC. Hot DogsD. ClothingE. JewelryF. Small Electronics
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What should our Business Name be?
A. Icy Ice CreamB. SnackeliciousC. That’s Hot, DogsD. Fashion UpE. Be JeweledF. Electronicapalooza
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Where should we locate today?
A. FactoryB. Business DistrictC. Shopping DistrictD. ParkE. Arena
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What hours should we work today?
A. 9am to 5pmB. 7am to 7pm C. 10am to 4pmD. 11am to 9pmE. 12pm to 3pmF. Relax – take the day off!
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What prices should we set?
A. Keep them as they are.B. Raise them a bit.C. Raise them a lot.D. Lower them a bit.E. Lower them a lot.
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How much inventory should we buy?
A. Buy as much as possible.B. Buy as little as possible.C. Buy somewhere in between.
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Should we invest in quality and appearance?
A. NoB. Yes, a low amountC. Yes, a medium amountD. Yes, a high amount
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How many employees should we hire today?
A. 0B. 1 of the cheapestC. 1 of the bestD. 2 of the cheapestE. 2 of the bestF. 3
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What kind of advertising should we do?
A. NoneB. RadioC. NewspaperD. Street EntertainerE. Two of the aboveF. All Three of the above
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Open for Business!
Watch the results unfold.
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How well did we do?A. GreatB. GoodC. SatisfactoryD. PoorlyE. Really bad! Time to get a
real job.
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What did we do right?A. LocationB. Schedule C. PricesD. InventoryE. EmployeesF. Advertising
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Where did we go wrong?
A. LocationB. Schedule C. PricesD. InventoryE. EmployeesF. Advertising G. Getting up out of bed this
morning!
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Repeat again for next day!
Back to Products slide.
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Wrap-up
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Running a business is …
A. Tougher than I thought!B. Easier than I thought!C. Pretty well what I thought.
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GoVenture makes me want to …
A. Learn more about business.B. Run my own business.C. Run screaming!
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What did you think of this session?
A. I love it!B. I love it!C. All of the above.
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Live Group Activity
GoVenture Micro Business Simulationwww.goventure.net