Business simulation
Together with your supervisor the groups of about 8 persons will be formed.
Now decide together what product your company is going to make. Discuss your ideas with your supervisor. If he/she agrees with your idea, you can continue.
In order to produce and sell your product you are going to write a business plan.
You will write this play together! It will be the basis of your company. This plan includes:
The company also needs a name and a logo. A logo is really important for a company.
Once you can propose a good business plan to your bank, your company will get the permission and the financial support to start your production.
At the start of every lesson you will have a work meeting. At every work meeting you will make a list of actions/decisions. This will also determine the course of action of your company and it can be the standing point of adjustments, if necessary.
At the end of the assignment you will present your company.
During your presentation you will explain your business plan and the achieved results of your company.
Your supervisor will probably provide you with certain deadlines that will help you plan and make sure everything is done in time for your company presentation.
Now decide together what product your company is going to make. Discuss your ideas with your supervisor. If he/she agrees with your idea, you can continue.
In order to produce and sell your product you are going to write a business plan.
You will write this play together! It will be the basis of your company. This plan includes:
- The product you are going to make.
- The target audience for your product.
- The way you will market your product (the four P's, nl. product, price, place and promotion)
- The financial plan.
- Division of tasks
The company also needs a name and a logo. A logo is really important for a company.
Once you can propose a good business plan to your bank, your company will get the permission and the financial support to start your production.
At the start of every lesson you will have a work meeting. At every work meeting you will make a list of actions/decisions. This will also determine the course of action of your company and it can be the standing point of adjustments, if necessary.
At the end of the assignment you will present your company.
During your presentation you will explain your business plan and the achieved results of your company.
Your supervisor will probably provide you with certain deadlines that will help you plan and make sure everything is done in time for your company presentation.