BPM1705

UNDERSTANDING HOW
BUSINESSES WORK
Briefing for Students
Semester 1 2017-18
 Finance Law
Marketing
Organisational
Behaviour Accounting
Operations
Management
Module objectives
• responsibilities and objectives of businesses
• overview of the value chain
• introduce business functions of finance, organizational behaviour,
marketing, operations management and strategy
• interrelatedness of these functions
• hands-on application to make these functional decisions in simulation
Teaching Format
• 6 video lessons Watch these
i. Planning for a business
before 19 Aug!
ii. Running a business

• 2 three-hour face-to-face sessions

i. 19 Aug AM or PM groups
ii. 2 Sep i. 9am to 12pm
ii. 1pm to 4pm

• 4 rounds of simulation decisions

• 22 Aug, 24 Aug, 28 Aug, 30 Aug - BEFORE 3PM
 IMPORTANT

This is a S/U module

BUT
a graduating requirement
Assessment Method

• Group project: simulation score 50%

• Group presentation 50%

*All members have to present

Game Scoring

50 40 10
Rubric Score (50% of game)
• Rank score
• Achievements won
• Trends (consistency of performance)
• Profit
• Revenue
• Product competitiveness
• Inventory management
• Marketing
• Advertising
• HR Management
So what do you need to do?
1. Watch the 6 video lessons!
2. Have a go at the free trial of the simulation

https://goventureceo.com/play.html
3. User guide in IVLE Lesson Plan will help you!
4. Bring your laptop with browser that supports Adobe Flash to
class
5. Your instructor and Lesson Plan will tell you the rest
Parting words…