The Hongkong Management Game was introduced by the Hong Kong Management Association (HKMA) in 1971 to foster the decision-making abilities of corporate executives.
This year's game, sponsored by CLP Power Hong Kong, Cathay Pacific Airways and the South China Morning Post , has attracted 92 participants playing in 23 teams.
Each team takes on the role of a company operating in a simulated business environment.
Scenarios require participants to demonstrate solid knowledge and skills in resource allocation, production, marketing and pricing strategies, as well as product development.
They have to handle management problems such as strikes, natural disasters or vendor-related problems.
The game uses a computer program called SINEW 4.3 to simulate a competitive business environment.