Business Simulation

Abstract

• Through the use of a complex interactive business simulation in which teams manage virtual companies in a high-tech business arena, students will gain practical insights into the realities of running a business. Unlike single subject courses, this simulation requires to students to make decisions within the context of interacting disciplines. Student will also come to understand the interdependence of companies through buy/sell and risk-sharing negotiations within a changing supply chain model.

Bibliography

« INTOPIA Executive Guide »

Description

• Practical application of management disciplines in an integrated and interactive environment
• Further exposure to basic management techniques (strategy, accounting/finance, operations, etc) through the decision-making process
• Interpretation of the economic environment and its impact on future company performance
• Practical application of the Organizational Behavior course skills
• Understanding of the importance of business processes especially as relates to decision-making
• Experience of competition and ‘coopetition’