•   Business Game 3B00DW27-3005 25.10.2021-10.12.2021  4 cr  (20IB, ...) +-
    Learning outcomes of the 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.
    Course contents
    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

    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.

    Good

    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.

    Excellent

    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.

    Further information
    There will be two implementations of the course, one in the autumn semester and another in the spring.
    Recommended or required reading

    Material available in Moodle (lectures and business simulation guide)

    Planned learning activities and teaching methods

    Learning simulation, lectures, quiz, coaching

    Assessment methods and criteria

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

    Language of instruction

    English

    Timing

    25.10.2021 - 10.12.2021

    Registration

    02.07.2021 - 10.10.2021

    Credits

    4 cr

    Group(s)

    20IB

    21KVHN2

    Seats

    15 - 30

    Teacher(s)

    Adrián Somlósi-Kovács, Pia Lamminsivu

    Unit, in charge

    International Business

    Degree programme(s)

    Bachelor's Degree Programme in International Business

    Office

    TAMK Main Campus

    Evaluation scale

    0-5

    Completion alternatives

    ---

    Exam schedule

    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.

    Students use of time and load

    4 credit points (27 hours per credit point)

    Assessment criteria
    Satisfactory

    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.

    Good

    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.

    Excellent

    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.