Hubro Business Simulation
Develop your student’s business knowledge by having them play the simulation as an individual exercise, or in a group setting so they have a common understanding of how to apply analytical, managerial, and team skills in a real-life setting. Hubro is a web-based business simulation for developing business skills. Students manage their own virtual company, giving them a risk-free environment to get experience with applying business concepts.
There are separate simulations, where each focuses on different topics:
• Hubro Business focuses on production, finance, and the numbers
• Hubro Marketing focuses on marketing and strategy
• Hubro Finance focuses on financial management
What can you teach with Hubro Business?
1. Decision making: should we build our own factories or outsource to a lent factory?
2. Product calculations: what volumes should we produce, given demand and costs?
3. Product mix: what mix of products will yield the highest profitability?
4. Strategy: should we be a cost leader or a focused differentiator?
5. Financial statements: how does the income statement, balance sheet and cash flow statement differ, and why are they useful?
6. Budgeting: what how will these forecasts impact our financial performance?
7. Investments: which R&D projects should we pursue? Is it worth investing in a new factory?
8. Financing: what blend of cash or debt should we use to fund this investment?