ABOUT GLOBAL MANAGEMENT CHALLENGE 
The Global Management Challenge is the biggest Strategy and Management Competition in the world. It's the largest international event based on business simulations, in which more than 400 000 university students and company managers participating in this event throughout the world. 

The concept of the competition emerged in 1980 in Portugal by SDG – Simuladores e Modelos de Gestão – in partnership with the weekly newspaper EXPRESSO. EXPRESSO has not only given a great amount of national coverage on the competition, but has also contributed immensely to the internationalization process. 

At this present time there are 30 countries participating in the contest: Angola, Australia, Belarus, Belgium, Bolivia, Brazil, Czech Republic, Denmark, Finland, France, Germany, Greece, Hong Kong SAR (China), Hungary, India, Italy, Latvia, Macao SAR (China), Mexico, People's Republic of China, Poland, Portugal, Romania, Russia, Singapore, Slovak Republic, Spain, Turkey, Ukraine and United Kingdom . 

The Global Management Challenge consists of a Management Simulation in which each team runs a Company, with the objective of getting the highest company share price on the simulated Stock exchange.

Managing a company, without running real-world risks, and taking top management decisions, the competitors are given the opportunity to:

- Analyse Financial and Economic Indicators,
- Broaden their views on Corporate Strategy,
- Interact with the different Functional Areas of a Company, 
- Understand the Market Conditions in which they compete and Customer Satisfaction
- Become aware of the impact of their Decisions on the Organization itself, within an environment designed to encourage and develop teamwork 

THE GLOBAL MANAGEMENT CHALLENGE NORMALLY CONSISTS OF 4 STAGES: 
- 1st Round
- 2nd Round
- National Final
- International Final: in March/April of the following year, that brings together the winners from each country
Each stage consists of Five Developing Decision Periods during the competition. The Group Winner is the team that finishes with the highest simulated share price. 

THE SIMULATOR
SDG AND EDIT 515 U.K. ARE PARTNERS IN DEVELOPING AND IMPROVING THIS SIMULATOR. THEIR AIM IS TO ENSURE THAT IT IS UP-TO-DATE, RELEVANT AND CHALLENGING IN ORDER TO MEET THE PARTICIPATING COMPANY'S CURRENT NEEDS, AND TO KEEP UP WITH THE LATEST TECHNOLOGY .
The Simulator was designed and developed by Partners of EDIT 515 U.K., Professors of the Operational Research Department of the University of Strathclyde in Scotland (Key subject for a Master's in Business Administration of the Graduate Business School of this University). 
FOR MORE DETAILS,PLEASE VISIT:   WWW.WORLDGMC.COM

MACAU MANAGEMENT ASSOCIATION

Email: gmc-asia@mma.org.mo
Tel:(853) 2832 3233
Fax:(853) 2832 3267
Add: Rua de Xangai No. 175, Edif. ACM, 9 Andar Macau

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