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For Immediate Release
February 21, 2017

IPFW Business Students Tie for First Place in International Competition

FORT WAYNE, Ind.—Five students in the Richard T. Doermer School of Business recently tied for first place in an international competition involving over 50,000 students from 597 colleges and universities representing 53 countries around the globe. The winning team consisted of:

  • Dillon Carey, Senior, Accounting
  • Derek Chrobak, Senior, Management
  • Kristen Evrard, Senior, Management and Marketing
  • Daniel Quade, Senior, Marketing
  • Steve Richardville, Senior, Management and Marketing

"I am so proud of these five students and their success in this worldwide business strategy simulation," said Melissa Gruys, dean of the Doermer School of Business. "The IPFW Doermer School of Business has such talented, hard-working students, and this accomplishment really highlights that."

From the Business Strategy Game website: “The Business Strategy Game is an online exercise where class members are divided into teams and assigned the task of running an athletic footwear company in head-to-head competition against companies managed by other class members. Company operations parallel those of actual athletic footwear companies. Just as in the real world, companies compete in a global market arena, selling branded and private-label athletic footwear in four geographic regions—Europe-Africa, North America , Asia-Pacific, and Latin America."

Competitors must make decisions relating to plant operations, distribution and warehouse operations, workforce compensation, online sales at the company’s website, sales and marketing, and finance. Challenges they face include crafting and executing a competitive strategy that results in a respected brand image, keeps your company in contention for global market leadership, and produces good financial performance as measured by earnings per share, return on investment, stock price appreciation, and credit rating.

For more information about the students’ performance in the competition, please contact Bill Todorivic, associate professor of entrepreneurship, at 260-481-6940 or todorovz@ipfw.edu.

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