The objective of this 30-hour, one-week, intensive activity is to provide an opportunity for the participants to integrate their knowledge of the various management functions through a computer-based simulation environment. The participants, in teams of four to five, make sequential decisions at the beginning of each period over a certain time horizon and report, at the end each period, how their decisions affect the performance of their respective companies. (Measured in terms of market share, profitability and key financial ratios).
Business Simulation (MGMT 511)
2021 Spring
Sabancı Business School
Management(MGMT)
1.50
3
Berkay Kardeş berkay.kardes@sabanciuniv.edu,
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English
Doctoral, Master
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| Programs\Type | Required | Core Elective | Area Elective |
| MBA - Non Thesis | * | ||
| MBA - Non Thesis | * |
CONTENT
LEARNING OUTCOMES
- Upon successful completion of the course, the student should be able to: 1. Develop a level of comfort with the complexity of running a successful business. 2. Identify and assess individual/team skills and influence performance accordingly. 3. Distinguish between decision-making methods that succeed or fail. 4. Measure and explain the level of success in a business function. 5. Analyze business data for a business function, make inferences and be accountable 6. Determine own capabilities in the diagnosis of business problems 7. Develop awareness of own risk preferences and response to team dynamics
PROGRAMME OUTCOMES
1. Develop the ability to use critical, analytical, and reflective thinking and reasoning 5
2. Reflect on social and ethical responsibilities in his/her professional life. 5
3. Gain experience and confidence in the dissemination of project/research outputs 5
4. Work responsibly and creatively as an individual or as a member or leader of a team and in multidisciplinary environments. 5
5. Communicate effectively by oral, written, graphical and technological means and have competency in English. 5
6. Independently reach and acquire information, and develop appreciation of the need for continuously learning and updating. 5
1. Develop, interpret and use statistical analyses in decision making. 3
1. Demonstrate an understanding of main functional areas of management. 5
2. Develop the ability to integrate and apply business knowledge in novel situations. 3
3. Understand the global and local business context and incorporate cultural context and complexities into their managerial practice. 4