Traders© is a board game in which 4 teams of furniture retailers compete in one marketplace. Each of the retailers has inherited the store and some spare cash and they are now charged with fully operating the business. Each turn (month), retailers stock up from the wholesaler, price tag their goods, and sell to individual customers. The team which increases their total wealth the most wins.
Methodology
This is a game-based course that utilizes Traders© gameplay to explore, learn and apply concepts. Participants engage over the course of 4 quarters, during which they are responsible for all aspects of the “business”. At the end of each quarter, the facilitator uses a debriefing to reflect upon key topics in finance and business acumen, as well as disseminate the knowledge, practices and models targeted that quarter. The experience concludes with a case study tackling all accumulated knowledge throughout the experience in order to enhance knowledge retention and participants’ understanding.