Business Game (4 cr)

Objectives (course unit)

In this course students operate as a management team of a global company. Management teams come up with a company strategy and make decisions to maximize the profits and company value. Company operations are carried out in a business simulation game in a competitive team environment.

After completing the course, the students will be able to:

Utilize the role of strategy as a key success factor.
Explain the interdependence between the different company operations.
Demonstrate knowledge and skills in financial review, company analysis, and strategy formulation.
Utilize tools for entrepreneurial thinking.

Content (course unit)

What is a role of a strategy to manage a company?
How does product portfolio, pricing, marketing and product features impact the demand of the product?
How to analyze company's financial performance and how to impact it?
How to work as a successful team utilizing each team players' strengths?

Assessment criteria, satisfactory (1-2) (course unit)

The student participates in the team work but is able to read the market and company information and utilise that data in decision making if assisted. The student struggles to see the link between the decisions in different company functions and the financial outcome.

Assessment criteria, good (3-4) (course unit)

The student actively participates in the teamwork and completes all the required tasks with good quality. The student is able to analyse the market and company information in order to form a company strategy. The student participates actively in decision making enabling the improvement of the company status. The student understands the link between the various company functions. The student is able to give a presentation about the company's strategy and value, and answer questions related to these topics.

Assessment criteria, excellent (5) (course unit)

The student actively participates in the teamwork and demonstrates a problem-solving attitude. The student successfully analyses the market and company information in order to form a rational company strategy and is able to make decisions aligned with the chosen strategy. The student understands the link between the various company functions. The student is able to give a clear and justified presentation about the company's strategy and the company's value. The student is able to answer various questions about the market situation and the company's value proposal.

Location and time

Distance learning, schedule can be found in intra

Exam schedules

The game has several game rounds. The schedule of the rounds will be presented in the first lecture. The course will end with the final presentation.

Assessment methods and criteria

** Quality of written tasks and ranking and performance in the game (grade 0-5)
* Final presentation (0-5)
* Quiz and company audit (pass/fail)
* Attendance and activity in team work impact the grade

Assessment scale

0-5

Teaching methods

Learning simulation, lectures, quiz, coaching (using distance learning tools)

Learning materials

Material available in Moodle (lectures and business simulation guide)

Student workload

4 credit points (27 hours per credit point)

Completion alternatives

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Further information

There will be two implementations of the course, one in the autumn semester and another in the spring.

Assessment criteria - satisfactory (1-2) (Not in use, Look at the Assessment criteria above)

The student is participating to the team work but has great trouble to read the market and company information and utilize that data in decision making. The student is struggling to see the link between the decisions in different company functions and the financial outcome. The student has done all the required course tasks but the quality of those tasks is inadequate.

Assessment criteria - good (3-4) (Not in use, Look at the Assessment criteria above)

The student actively participates to the teamwork and returns all the required tasks with good quality. The student is able to analyze the market and company information in order to form a company strategy. The student shows progress in decision making so that the company's financial status will improve. The student understands the link between the various company functions. The student is able to give a presentation about the company strategy and value and answer to the questions relating those topics.

Assessment criteria - excellent (5) (Not in use, Look at the Assessment criteria above)

The student is actively participating to the teamwork and is demonstrating a problem-solving attitude. The student successfully analyzes the market and company information in order to form a rational company strategy and is able to make decisions aligned with the chosen strategy. The student understands the link between the various company functions. The student is able to give a clear and justified presentation about the company strategy and the company value. The student is able to answer to various questions about the market situation and the company's value proposal.