Management Games II

Students who take part in this workshop create up to 6 teams and manage a virtual companies. They make typical business decisions in a realistic environment. An interactive computer simulation gives participants experience of working at general management level where the work of several functions must be integrated to support the business. Strategic planning is essential and depends on accurate forecasts and careful analysis of costs and contribution.

A business management games establish a link between business management theory and business management in practice.

The simulations presents a realistic model of a company and thus provides participants with the opportunity to quickly gain the lasting effects of a practical experience in a risk-free environment.

The training objectives of the course:

- Recognizing and formulating the general conditions for commercial success

- Experiencing relationships in business management by adopting a holistic approach

- Defining goals and strategies, and realizing them in an environment in which economic and ecological factors play significant roles

- Coping with complex decision making in uncertain situations

- Maintaining control of a business in difficult situations

- Developing a sense for the essential and a holistic view on business

- Learning to think and act in an inter-disciplinary way

- Learning how to define and solve problems

- Arriving at decisions within a team by using personal computer-supported planning models

Manuals are delivered at the beginning of the course

Results of the business simulation -average share price 35% -35 points (the best team gets 35 points, and the rest of the teams accordingly)

Planning quality 30%

Report 35%

61- 70 = 3

71 – 77 = 3+

78 – 84 = 4

85 – 90 = 4+

91 – 100 = 5

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