BA Program Ability #6 - The ability to integrate knowledge and apply learned skills for real world business decision making.
In the final stage of my Tunxis Business Administration Degree our 8 person Business Capstone class participated in an online Airline simulation through Interpretive Simulations. Provided are some screen shots of the program. This simulation was played for seven quarters by making decisions each week. These decisions included various business subjects named above in the "Overview" provided by the Interpretive website.
Graphs for the Income Statement, Balance Sheet, and Operations pages can be viewed in the Gallery below ▼
Why did I choose the Airline simulation to demonstrate my ability to integrate knowledge and apply learned skills for real world business decision making?
The Airline simulation allowed for the integration of several program abilities including Marketing, Finance, Ethics, Accounting and Management. Also because it was another simulation based off of real world businesses that showed me where I excelled and needed improvement and gained improvement.
I enjoyed reviewing my results every week and trying to determine where mistakes or large changes were made and how. If there was enough cash in the provided statements I allowed myself to market more. Ethical decisions were always fearsome because I didn't know how the industry would normally handle these situations, I usually researched the topic when I was stuck at an unusual decision. Otherwise, my ethical decisions both 'Special' and within the company, as in with customer satisfaction, appeared to fare well. Being required to analyze my results each week was a huge benefit because I did not just make flimsy decisions and say "Yay! I made a profit!", I took the time to understand why in case the future did not roll out as well. Although I was pleased to find conducting business at a reasonable rate and thinking about my customers did result in "Yays" each week.