The Art of Business

ADP engage in a simulate economy!

On the 4 of July (American Independence Day), while the other part of the world is enjoying their national independence day, ADP was running a simulation of the real world economy trade. It involve only a PDA (no, not ADP spell PDA but Personal Digital Assistant) and lots of drinks. The objective of the simulation is to promote awareness in the current economy world, to practice buying and selling of asset, aggressive take-over, and corporate merge.

Each player start with 1500simulator dollar and asset ranging from 60- 400 simulator dollar. The number transaction per turn was determined by 2 complete dice. At the beginning, this simulation was conduct in a mamak store. Which later ended up at the now official ADP headquarter aka.. MY HOUSE!!!

The simulation begins with the government has now open it asset to the public from government control properties, railroads and utilities. Adam Dominic and Pok each represent a Multi National Company who was selected by the government to battle it out for complete ownership. The government wound intervene with subsidies, bank errors, market order, taxes and legal areas. For example, executing too many action in one go might end yourself in jail or at times you are require to pay income tax which is either 10% of all your asset or just 200 SD. It started with Dominic trying to own all control of the railroad which was prevented when Adam manage to break his complete domination by buying off one station and Pok who was lucky to receive the last station. After a while, most of the properties were brought by everyone resulting a stalemate, as a course no one was able to build houses and hotels. At one time, while Adam was conducting an auction between Dominic and Pok, Adam accidentally overcharge Pok by 50SD resulting a slight disagreement between the 2 parties.

After going round and round in circle, the 3 decided to open negotiation for business talk to benefit all 3 parties. Thanks to Dominic persuasions and the remaining 2 parties wiliness to listen. All 3 manage to require a piece of land to start construction. After a few housing areas was build, Adam began to experience some lack of funding, simply due to the fact that he was unlucky to ended up on Dominic land. To cover for the liability Adam had to trade it railroad station to Pok, who at the time was willing to pay Adam twice the original value, just nice to cover the cost. After receiving that blow to the head, Adam again receive another blow but unfortunately it was the final blow and was facing law sue from Pok requesting him to pay up for renting his Triple story semi detach house. Adam was unable to pay therefore decided to file chapter 11 , BANKRUPCY !! With this, all asset which Adam owns was take-over by Pok. And thus begin the battle between the remaining 2 tycoon, Dominic and Pok!

Both tycoons began a massive project to develop their properties, while Dominic was suffering the cost of rental from Pok new projects, Pok himself was hiding in jail avoiding all cost and law sue. In the end, due to the high cost and TTGH factor (Time To Go Home) eventually Dominic resort to bankrupt!

By the end of the day, Pok was the remaining tycoon who dominated the playing field with an end result of 9billion dollar (9382 SD) net worth.

The following was Adam comment regarding Pok domination, : “ It was Pok first time playing, so it was beginner’s luck!” While Dominic gave his comment with his infamous sigh, : “Siigggghhhh, oh well time to go home, the dogs barking”. While the victor had this to said, : “ We should do this more often, and find another player….”

This concludes the simulation for an economy world on board a virtue Monopoly board in Dominic’s PDA.