The Global Management Challenge is a student game. Over 350,000 university students and junior managers have played the world’s largest strategic management competition since its inception in 1980. This year, 19,000 students will play the GMC in 25 countries.
Student teams signing up for the GMC will be assigned to a real world company. Companies cover their teams' registration fees, so students do not have to pay themselves in order to participate. Additionally, companies may choose to mentor their players in business strategy and game tactics.
In October 2007, the competition will begin and each student team will be given the management of a virtual company. The teams then develop this virtual company by making a series of decisions relating to every aspect of the business.
Their decisions are run through sophisticated business simulation software, which generates in-depth management reports. The aim is to finish the game with the highest price on the virtual stock exchange.
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