Business Simulation

Posted By: DaLacy Anderson
Posted On: October 15th, 2016
Attending: Waterford Institute of Technology

I am working towards earning my Masters in Business Management degree, and in doing so I am enrolled in a variety of courses (referred to as modules). The learning structure focuses on a lot of research, practice and reflective learning. I enjoy these forms of learning styles, and it has been most interesting during my Business Simulation module. During this class, I use a business simulation website and work in a team of three to run a business selling computers. So far I have learned the ins and outs of running a business, such as creating a business plan, managing employees, creating marketing pieces, and how to compete within a business environment.

            My team and I’s company is named “Top Flight Computers” and have to compete against other teams in the class. We will be working all semester towards building the best position in the market, in preparation for our Dragons Den presentation. Dragons Den is similar to “Shark Tank,” where we will be presenting in front of a panel of business titans seeking investment in our company. This will be a new experience for me seeing that I have not had to present in front of a panel under such circumstances, but I look forward to the challenge and plan to take away key lessons and apply them to my real professional endeavors in the future. This module will continue on into the second semester, so I look forward to seeing what’s in store for my company’s future.

Stay Updated! Sign up to our newsletter

Stay Updated! Sign up to our newsletter