Understanding business process, budgeting, market share, gross revenue, net profit and a number of other financial issues is imperative as an MBA graduate. In this Management Information Systems (MIS) course we expose you to this in a live web-based simulation called "Platform Wars: Simulating the Battle for Video Game Supremacy", from the Sloan School of Management at MIT. In this simulation you will play the role of senior management at a video game hardware platform producer, such as Sony, Nintendo, or Microsoft. The game simulates the dynamics of competition in multi-sided markets. In such markets, success depends not only on a product's price and features, but also on how many people own it (a direct network externality) and on the number of games and applications availablethat is, the size of the installed base of complementary products (an indirect network externality). Platform markets are increasingly common in settings other than video games, including computers, the Internet and e-commerce, and mobile telecommunications.

Review the game video by going to: https://forio.com/simulate/mit/video-game/simulation/

If you'd like to try the game simply click "Play as an individual."

The only question I need answered is this one below:

If you were setting up a new business like this, what kind of systems would you use? MIS, DSS, EIS, ERP, Cloud?

So essentially if we had a business with a video game console, like the one in this simulation, and we were competing with another major competitor (for example playstation and xbox), what system would we use and why?

Thank you!