Course Catalog 2012-2013
International

Basic Pori International Postgraduate Open University

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Course Catalog 2012-2013

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

Additional information

Suitable for postgraduate studies
Will not be lectured year 2012-2013

Person responsible

Olavi Uusitalo, Tommi Mahlamäki

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

-

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

Prerequisites

Course Mandatory/Advisable Description
TETA-1300 Marketing Management Mandatory    
TETA-2306 Business Market Management Mandatory    
TETA-5306 Management of Innovation Advisable    
TETA-5326 Business in Networks Advisable    

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Correspondence of content

Course Corresponds course  Description 
TETA-5046 International Business Simulation (INTOPIA), 6 cr 2904030 International Business Simulation, 4 cu  

Last modified30.07.2012