Course: Business Simulation credits: 5
- Course code
- LBVP22BSI1C
- Name
- Business Simulation
- Study year
- 2023-2024
- ECTS credits
- 5
- Language
- English
- Coordinator
- T.J. Bonsing
- Modes of delivery
-
- Assignment
- Assessments
-
- assignment - Assignment
Learning outcomes
Students are able to:
- Cite and compare business goals and discuss its business processes, in a (stipulated) simulation environment;
- Recognize roles and responsibilities in a simulation environment (within a straight-forward, limited context);
- Make tactical and operational calculations and decisions for a company in a simulated business environment;
- Understand some fundamental business (process management) and management accounting concepts and definitions.
PLOs:
- TWM18.1
- TWM20.1
- TWM21.1
Content
Through an online business simulation students run, in the role of new board of directors, a company in a simplified simulated market place. They are as a group in charge of all major business decisions (although in a limited way) during a number of rounds within the business simulation and they compete with the other groups inside the class.
The assessment of this course will be based on a portfolio, containing mandatory progress/reflection reports regarding played periods of the business simulation, a couple of (CAB1 related) assignments about the business simulation company and an internal project group cooperation and participation analysis report. A group presentation of lessons learned during and cause-effect relations experienced inside the played business simulation will round off this course.
Included in programme(s)
School(s)
- International Business School