An Extraordinary On-Line Training Opportunity.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--March 29, 1999--As a gift to its members and to the energy services industry, the Association of Energy Services International (AESP AESP Aerospace Education Services Program
AESP Association of Energy Services Professionals
AESP Army Equipment Support Publication
AESP Aboriginal Enriched Support Program (Carleton University program)
AESP Advanced Energy Systems Program ) recently opened a new Web link, in collaboration with Apogee apogee (ăp`əjē), point farthest from the earth in the orbit of a body about the earth. See apsis.
The farthest point. Interactive of Tucker, Ga.
The link brings Apogee's award-winning, "Deregulation Deregulation
The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
Traditional areas that have been deregulated are the telephone and airline industries. Game," training experience on-line for the first time. Now the open-market simulation that has been enjoyed by thousands of energy services professionals in workshops around the country comes to the Internet Internet
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and is available to everyone at no charge. The first formal competition begins April 1, 1999. There will be three rounds of competition lasting one month each. At the conclusion of each round, winners will be announced and, after all three rounds have been completed, a "grand champion" will be named and prizes awarded.
According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Apogee President Susan Gilbert, "Playing the Deregulation Game on-line brings to anyone training about how the deregulated utility market works. It's incredibly convenient," Gilbert said. "Teams of any size can log on through the AESP Web site (http://www.aesp.org) and spend about 15 minutes getting familiar with the game. Then, each 'round' in the game simulates implementation of a new strategic marketing plan by the player's utility. And it only takes a few minutes each week to play. Decisions include target marketing, pricing, levels of program investments, and levels of investment in market research. Each team gets the same amount of money to spend and has the same supply capacity to begin with."
According to Gilbert, some utility teams are likely to go bankrupt BANKRUPT. A person who has done, or suffered some act to be done, which is by law declared an act of bankruptcy; in such case he may be declared a bankrupt.
2. It is proper to notice that there is much difference between a bankrupt and an insolvent. and others will prosper, depending on their strategic decisions. Teams can spend as much time as they choose reviewing and analyzing their results. "This time and effort pays off," said Gilbert, "as it leaves players with an eye-opening understanding of how utility competition works."
With help from AESP's Communications Committee, progress round-by-round will be documented and winners announced. AESP decided to place the game on its public access Web site for two reasons:
-- To introduce the value of AESP to colleagues and friends; -- To help train energy services professionals in the skills
necessary to deal with the challenges of deregulation.
The Association of Energy Services Professionals, International (AESP) is a not-for-profit Not-for-profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. individual membership organization with nearly 2,000 members. It is based in Boca Raton, Fla.