The 5th International CIMA Business Game for Ukrainian students!
Attention, students majoring in economics at West Ukrainian National University!
AICPA&CIMA invites you to take part in the online version of the CIMA Business Game, based on the real financial case of KuppKarr* and the best international practices.
This year, students from Moldova, Romania, Greece and Bulgaria are also joining the game, which will make the competition even more interesting!
For more information, please follow the link: https://sway.cloud.microsoft/kVbvl6OoYUtmCEV4?ref=email
The quiz, which you can take after a thorough preparation, is available here: KuppKarr (The rise of EV cars) - EU2024. Challenge yourself and offer your own solutions to the issues and threats facing modern business and the world.
This is a great opportunity to find out more about CIMA and its qualifications, and to get involved in solving real issues and problems facing modern business.
The game will run from 14 October to 20 November.
The game consists of 24 multiple-choice questions (100 points in total). A passing score is 75 points. There is no time limit and no restrictions on the number of attempts.
Each participant must provide an email address, name and surname (in English), university, faculty/speciality.
If the participant receives 75 or more points, they should take a screenshot of their name and final score and send it to cimaukraine@gmail.com to receive a certificate.
CIMA-Ukraine will also recognise the best players and post information about them on its social media pages.
The event was coordinated by Nataliia Pochynok, PhD in Economics, Associate Professor, Coordinator of International Activities of the Faculty of Finance and Accounting.
*KuppKarr is a fictitious company, one of the world's largest car manufacturers, which has announced that it plans to stop developing new models of cars with internal combustion engines (‘ICEs’) based on petrol or diesel fuel. It will continue to produce existing models as long as there is sufficient demand globally, but the company plans to switch completely to electric vehicles.
Other major manufacturers are likely to follow suit. Many countries have committed to phasing out ICE vehicles due to environmental concerns.
However, according to the latest news, sales of electric vehicles in Wellandia (a fictional country) remain low, and most motorists continue to buy cars running on petrol or diesel fuel.
Consumer surveys show that motorists in Wellandia are reluctant to buy electric vehicles due to the limited availability of charging stations in their country. Depending on the model, some electric vehicles have a range of only 170 kilometres before their batteries need to be recharged. Many motorists are concerned about being stranded if their cars run out of power before they find a free charging station.
The quiz questions will focus on the following areas:
Advanced industry technologies
Business risks
Problems with training and software
Options for implementing top management decisions
Pricing strategy
Integrated report
Risks and opportunities
Involvement of key employees
