Lemonade Stand Game Simulation Aim: The aim of this simulation is to setup a virtual business. The simulation is based on setting up a lemonade stand. The game requires you to purchase stock, manage the sales pitch and advertising along with successful recipe design. What to do Go to the site: http://www.broadband333.plus.com/Student%20Parent.htm And right click on Lemonade Stand Game Download and click on Save Target As. You need to install the program using the setup programme downloaded. Once the game has installed you begin trading as a business. You will be working individually on the simulation but it is suggested that you share ideas and techniques with other members of your team. You need to hand in your individual scores at the end of the simulation and a group total will be calculated and submitted to the overall competition. Learning Outcomes During and on completing the simulation you need to answer the following questions. PLEASE NOTE: Failure to answer these questions individually will result in your score being deducted from the overall team total! 1. What game plan worked well? 2. What game plan did not work well? 3. If you were to complete the simulation again, what would you do differently? 4. How effective was your team based approach i.e. did you work as part of an overall team or did you work individually – what worked best for you? 5. Name two factors during the simulation that were the key to your success. 6. Did you change your game plan at any time i.e. change the recipe or price? Why did you do this? What impact did it have (if any)?