This is the capstone course for the KAIST MBA program. It enables second-year MBA students to integrate what they have learned from the courses taken for the last three semesters, which include diverse management disciplines from marketing, strategy, finance, accounting, to supply chain management and IT. From this course, the students should endeavor to understand how to solve real managerial problems that involve complex cause-and-effect relationships associated with all of the value-creating activities a firm must perform to be competitive in the global market. In this course, students work as teams of 4~5 second-year MBA candidates, preferably with diverse professional and academic backgrounds so that teammates complement each other's abilities and experience.