Course Catalog 2006-2007

TETA-5046 INTERNATIONAL BUSINESS SIMULATION (INTOPIA), 6 cr
International Business Simulation (INTOPIA)

Courses persons responsible
Olavi Uusitalo

Lecturetimes and places
Per IV: Thursday 9 - 16, K1702
Per IV: Thursday 10 - 12, F PIENI SALI 2

Implementations
  Period 1 Period 2 Period 3 Period 4 Period 5 Summer
Lecture - - - 5 h/week - -
Exercise - - - 9 h/week - -
(Timetable for academic year 2006-2007)

Objectives
To introduce students practical strategic management issues of a multinational company by using a computerized business simulation program.

Content
Content Core content Complementary knowledge Specialist knowledge
1. Concept of business mission and strategic planning in a MNC.
Concept of business mission and strategic planning in a MNC
Analysis and follow-up of environment also in less developed countries.
Decision making in uncertainty.
 		      
2. Integration of managerial functions to give a holistic view of the business.
Understanding of stakeholders.
Vertical integration and coordination within a MNC
 		      
3. Use of negotiation skills, group work abilities and leadership
Use of managerial tools
 		      

Requirements for completing the course
Requirements include succesfully completed management of Multinational Company, creation of business plans and company presentation in groups plus two individual rules quizzes.

Evaluation criteria for the course

  • The course is grade based on both group work (company performance, business plans and company presentations) and individual quizzes of the Intopia world.

  • Used assessment scale is numeric (1-5)

    • Prerequisites
    Code Course Credits M/R
    TETA-1300 TETA-1300 Marketing Management 4 Mandatory
    TETA-5306 TETA-5306 Management of Innovation 4 Mandatory
    TETA-5320 TETA-5320 Marketing Management and Global Networks 4 Mandatory

    Prequisite relations (Sign up to TUT Intranet required)

    Remarks

  • The course is suitable for postgraduate studies.

    • Distance learning

  • ITC utilized during the course

    • - In information distribution via homepage, newsgroups or mailing lists, e.g. current issues, timetables
    - In compiling exercise, group or laboratory work
    - In distributing and/or returning exercise work, material etc
    - In the visualization of objects and phenomena, e.g. animations, demonstrations, simulations, video clips
    - Other: Formin, Cash+ and Graph+ programs
    - The course utilizes a learning platform, which? Moodle

  • Estimate as a percentage of the implementation of the course

    • - Contact teaching: 40 %
    - Distance learning: 0 %
    - Proportion of a student's independent study: 60 %

    Scaling
    Methods of instructionHours
    Lectures 50
    Exercises 90
    Assignments 8
    Laboratory assignments 7

    Study materials
    Scaling of methods of instruction icludes the use of following study material:
    Executive Guide & Lecture note
    Total sum 155

    Principles and starting points related to the instruction and learning of the course

  • Students form groups (3 -4 members in a group) which run a MNC for eight quarters. Before each individual quarter firms will have an industry trade journal (Gazette) describing the possible conditions in the industry during the coming quarter(s). A Gossip, which provides information and feedback from the last quarter, will be delivered after each quarter. Because of ¿learning by doing¿ effect learning takes place effectively.

    • Correspondence of content
    2904030 International Business Simulation

    Course homepage

    Last modified 27.02.2006
    Modified bySanna Nokelainen