Business Simulation Game

Brief description

Business Objectives; Strategic Management; Marketing and Sales; R&D Management; Procurement, Warehousing and Production; Human Resources; Investment and Financing; Accounting and Controlling

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Brooks, R. (2018): Financial Management, Core Concepts, 4th edition, Pearson. Johnson, G. / Whittington, R. / Scholes, K. / Angwin, D. / Regner, P. (2019): Exploring Strategy, 12th edition, Harlow u.a.: Prentice Hall.

Planned learning activities and teaching methods

Computer-based business planning game, group reflections, discussion and documentation of business strategies, comparison and analysis of effectiveness of business decisions

Assessment methods and criteria

Continuous assessment (In-class participation & performance, group game performance)

Prerequisites and co-requisites

none

Infos

Degree programme

European Economy and Business Management (English)

Cycle

Bachelor

ECTS Credits

1.00

Language of instruction

English

Curriculum

Full-Time

Academic year

2024

Semester

6 SS

Incoming

No

Learning outcome

After successful completion of this course, students can classify the impact of strategic and operational business decisions on the company's performance. They also can model the impact of these decisions in finance and accounting and conclude on the interactions between the balance sheet, income statement, cash flow and profitability ratios (4).

Course code

1389-20-01-VZ-DE-64