Business Management Simulation

Brief description

  • Holistic view of entrepreneurial decisions
  • Goals and strategies in a dynamic competitive environment
  • Use of business data and key figures to support decision-making
  • Decision-making situations under uncertainty and time pressure
  • Decision-making in a team

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

  • Messner, S., Kreidl, C., Wala, T. (2020): Grundlagen der Betriebswirtschaftslehre, 6. Auflage, LexisNexis.
  • Chopra, S., Meindl, P. (2014): Supply Chain Management: Strategie, Planung und Umsetzung, 5. Auflage, Pearson.
  • Kummer, S. (2010): Einführung in die Verkehrswirtschaft, 2. Auflage, UTB.
  • Pfohl, H.-C. (2016): Logistikmanagement, Konzepte und Funktionen, 3. Auflage, Springer.
  • Schulte, C. (2016): Logistik: Wege zur Optimierung der Supply Chain, 7. Auflage, Vahlen.

Planned learning activities and teaching methods

Lecture, computer-based business game, discussion, reflection

Assessment methods and criteria

  • Exam method: software-based solution of business game tasks in small groups plus written report.
  • Assessment criteria: completeness, level of detail and complexity of answers, correctness of solutions and results, compliance with formal criteria.

Prerequisites and co-requisites

All modules relating to General Business Administration, Logistics, Supply Chain Management, Transport and Traffic

Infos

Degree programme

Logistics & Transport Management (Bachelor)

Cycle

Bachelor

ECTS Credits

1.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2025

Semester

6 SS

Incoming

Yes

Learning outcome

After successful completion of the course, students can

  • fundamentally explain the connection between entrepreneurial decisions and their effects on different business areas and the success of the company
  • independently apply methods and concepts of business administration and logistics management to practical entrepreneurial problems
  • develop a strategy for corporate success based on the market environment
  • make management decisions in a dynamic competitive environment
  • coordinate and critically reflect on team decisions

Course code

0391-21-01-VZ-DE-61