Award in Practical Applications of Business Simulation

This module focus on the practical applications of business simulation games and identify various strategies and tactics for businesses.

The basics of simulations:

what activities are to be simulated?

What is the purpose of the simulation?

Business Game:

Participation in a live sophisticated multi player web-based business strategy game where participants set up and grow their entrepreneurial business.

Learning Outcomes

At the end of the module/unit the learner will have acquired the responsibility and autonomy to:

a) Analyse the different components of a simulation and identify the core variables and parameters of the simulation.

b) Define strategies and tactics to form the basis for participation in the simulation.

c) Analyse the effectiveness of these strategies and tactics during their implementation and collect and analyse data that provides useful information as to how best to act at each successive stage of the simulation

ECTS Credits : 4

Duration : 3 Weeks

Assessment Methods:

• Assignment / Case-Study – 1 (Contributes towards 60% of the module)
• Forum Discussions – 2 (Contributes towards 20% of the module)
• Tutorial Participation – 2 tutorial sessions (Contributes towards 20% of the module)

50% Marks in aggregate from the course works is required for getting pass in the module.