1 firma virtuală why this project?. tell me and i forget why a business simulation?
TRANSCRIPT
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Firma virtuală Why this project?
Tell me and I forget
Why a Business Simulation?
3
Show me and I remember
Why a Business Simulation?
44
Let me doand I
understand
Why a Business Simulation?
Why a Business Simulation?5
EXPERIENCE LEARNINGEXPERIENCE LEARNING(Learning by Acting)(Learning by Acting)
Through:Through:
Competitive BUSINESS GAMECompetitive BUSINESS GAME
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
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
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
12“Try not to become a man of success, but rather try to become a man of value.”
ALBERT EINSTEIN
