1 Firma virtuală Why this project?. Tell me and I forget Why a Business Simulation?
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Transcript of 1 Firma virtuală Why this project?. Tell me and I forget Why a Business Simulation?
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Firma virtuală Why this project?
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Tell me and I forget
Why a Business Simulation?
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Show me and I remember
Why a Business Simulation?
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Let me doand I
understand
Why a Business Simulation?
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Why a Business Simulation?5
EXPERIENCE LEARNINGEXPERIENCE LEARNING(Learning by Acting)(Learning by Acting)
Through:Through:
Competitive BUSINESS GAMECompetitive BUSINESS GAME
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World of Management6
W.O.M. is a computer game simulation accessible in Internet, that allows students to experiment within an "protected“ Environment typical managerials decisions.
As in real life, W.O.M. request a hard work and constant monitoring of results, strategies and work of competitors to be able to grasp the opportunities otherwise unattainable.
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What is a Business Simulation?
Is a company dynamic model that shows to students the reaction from the “company system”
to their decisions;
Allows students to deeply understand the managerial problems
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Market simulated by W.O.M. 8
Case Study Description Segments Comp.
N°
Products/ Servicesper each company
Com-petition
Food Prodution and selling in meat sector
SmokedSausagesHamSpecialities
10 4 Direct
Hotel Managing and development of an Hotel
Overnight stayHalf boardFull boardRestaurant
10 1 Indirect
TelecomSelling telecomunication mobile service with telephone
Low trafficMedium trafficHigh traffic
10 3 Direct
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Achievable Didactical Objectives
“Large” Company visionDevelopement of decisional attitudeRefine analysis and syntesis attitudeIncreased Team working capabilitiesMore confidence with competition and risksMore understanding of relations between decisions and
results
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W.O.M. increases employability
The eight top employability skills are: Self management Team working Problem solving Communication Business awareness Customer care Application of numeracy Application of ICT.
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“Who dares to waste one hour of life, has not yet discovered the value of life.”
Charles Darwin
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12“Try not to become a man of success, but rather try to become a man of value.”
ALBERT EINSTEIN
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