A group of PSU business students demonstrated this spring that they have what it takes to guide a business through a complex economic environment.
The students, all enrolled in PSU’s online Business Strategy course taught by business professor Thomas Box, competed as a team against 2,600 other teams around the world to guide their company to success. At least twice during the semester, the PSU team was ranked 68th or higher.
GLO-BUS, which stands for Global Business, is a weekly online competition that requires teams to operate a mock company, teaching them to increase their market share through marketing, pricing, trading, opening mock retail stores, and competing to see which teams can run the most successful businesses.
“The students submitted decisions each week about how to manufacture, market and distribute products,” said Box, who has been using the online competition as a learning tool in his class for about 20 years. “It is a very comprehensive simulation for them.”