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| GEST0193-1 | Business simulation | |||||
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| Duration : | 30h Mon. WS | |||||
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| Holder(s) : | Wilfried Niessen | |||||
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| Course contents : | The simulation game consists of 5 teams of 5 students each. Each team represents a company on a market, and competes with the four others. The students make up the board of the company. The game lasts 4 days. The first half-day is devoted to presenting the game and briefing all participants. Each team makes 12 decisions, which corresponds to one decision per quarter for 3 years. According to its decisions, and the decisions of competitors, the company receives a quarterly result sheet. After 3 simulated years of company life, the board has to present their results to their partners (shareholders, bank, works council). In the game, those partners are represented by all participants. The decisions of each team are analysed and synthesized in a final report drawn up by the organizers. | |||||
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| Course objective : | This course aims at helping students (working in teams) : - discover the interaction between the major functions of a company (production, finance, marketing, human resources); - learn how to define policies, infer objectives & compare results with objectives; - train at decision-making. | |||||
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| Prerequisites : | FIN 505 Accounting & Finance SC 529 Logistics and Production MKTG 552 Marketing RH 132 Staff Management | |||||
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| Organization : | The game is organised in Banneux on [three consecutive ??] days from 8.30 to 6. A 25 fee is to be paid on the first day. | |||||
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| Written notes : | A leaflet with the rules of the game will be available one week before the game starts. It should be read carefully . Copies will be handed out in Room 329 building N1. | |||||
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| Assessment : | 1st session assessment : continuous assessment of each team's performance; written report and presentation 2nd session assessment : idem prolonged 2nd session assessment : idem | |||||
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| Contacts : | Wilfried Niessen HEC-Ecole de Gestion de l'ULg (Bât. N1) Tél.: +32 4 2327264 email : Wilfried.Niessen@ulg.ac.be | |||||
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ULg : Students and Studies Administration - Academic Affairs
Contact : Monique Marcourt, direction A.E.E.
Date of data : 27/02/2006
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