Business Game (5 cr)

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyse financial statements and different kinds of business reports and use them as a basis for decisions
- make business decisions in various business contexts and consider the multidimensional aspects of these decisions
- make business decisions in groups

Materials

Book and articles:
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions

Author(s):Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance , 12 Product Costing , 13 Break-Even Analysis and Modeling, 15 Master Budgets Vanriance Analysis and 16 Pricing Theory.

Book is available as ebooks, follow links below
How to to read the eBook:
Laurea's students: (open links as a new window)
https://laurea.finna.fi/Record/nelli01.111056485280488

ADDITIONAL eBOOK SOURCES:

BarCharts, I. (2016). Accounting Terminology. Boca Raton: BarCharts, Inc.

J. Madegowda. (2007). Management accounting. Global Media.

Tiffin, R. (2007). The Finance and Accounting Desktop Guide: Accounting Literacy for the Non-financial Manager. London: Thorogood Publishing.

Tracy, J. A. (2008). Accounting for Dummies.

Sterling, M. J. (2008). Business math for dummies®. Hoboken (NJ): Wiley.

Barrow, Colin, et al. The Business Plan Workbook, Kogan Page, 2012. ProQuest Ebook Central

Barker, R. (2011). Short Introduction to Accounting.

Marriott, P., Edwards, J. R., Edwards, J. R. & Mellett, H. J. (2002). Introduction to Accounting.

Haber, J. R. (2004). Accounting Demystified. New York: AMACOM Division of American Management Association International.

Teaching methods

The student is able to
•use planning, analysis and decision-making tools and techniques in strategic business planning
•analyse financial statements and different kinds of business reports and use them as a basis for decisions
•make business decisions in various business contexts and consider the multidimensional aspects of these decisions
•make business decisions in groups

Exam schedules

This game or study will be online, because of COVID-19 situation.
Lectures, guidance and team work will be online. Zoom link: https://laurea.zoom.us/j/65991429746

Content scheduling

Contents

Management decision making
Group decision making
Business Simulation Game
Financial statements
Income statement
Balance sheet
Cash flow statement
Budgeting
Market report
Operations report
Ratios

Evaluation scale

H-5