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Course Catalog 2011-2012
TETA-5046 International Business Simulation (INTOPIA), 6 cr |
Additional information
Suitable for postgraduate studies
Person responsible
Olavi Uusitalo, Tommi Mahlamäki, Kari Uusitalo
Lessons
| Study type | P1 | P2 | P3 | P4 | Summer | Implementations | Lecture times and places |
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Requirements
Requirements include successfully completed management of Multinational Company, creation of business plans and company presentation in groups plus two individual rules quizzes.
Principles and baselines related to teaching and learning
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Learning outcomes
After the course students are familiar with strategic management issues of a multinational company. The course uses a computerized business simulation program.
Content
| Content | Core content | Complementary knowledge | Specialist knowledge |
| 1. | 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. | Create a strategic plans. Improve and enlarge the business in small or large steps. | |
| 2. | Integrate managerial functions to give a holistic view of the business. Understand stakeholders and value chain. Learn to create and orchestrate networks. Vertical integration and coordination within a MNC | Analyze the reasons for differences between goals and results. Make conclusions based on analysis. Apply business concepts in "real" business situation. | Interpret the financial statement (balance sheet, income statement and cash budget). |
| 3. | Use of negotiation skills, group work abilities and leadership Create and use of managerial tools. | Organize and delegate the tasks of the company. | Lead own company and the whole network of companies in multicultural environment. |
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.
Assessment scale:
Numerical evaluation scale (1-5) will be used on the course
Prerequisite relations (Requires logging in to POP)
Correspondence of content
| Course | Corresponds course | Description |
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More precise information per implementation
| Implementation | Description | Methods of instruction | Implementation |
| TETA-5046 International Business Simulation (INTOPIA) | Lectures Excercises |
Contact teaching: 40 % Distance learning: 0 % Self-directed learning: 60 % |