ukraine ifo

Titan Simulation

Course Code:
17Y1ST
Academic Degree:
bachelor
Study Programme:
Technology in Transportation and Telecommunications (B1041A040001)
semesterlanguagestudy field / specialization
4czech flagDOS Transportation Systems and Technology - B-DOS
4czech flagITS Intelligent Transport Systems - B-ITS
4czech flagLED Air Transport - B-LED
4czech flagLOG Logistics and Transport Processes Control - B-LOG
Form of Study:
full-time
Credits:
2
Number of Hours:
2 + 0 hours per week - in full-time study
Type of Course:
elective
Course Completion:
classified credit
Course Tutor:
 
roh  Lectures:
Ing. Alexandra Dvořáčková, Ph.D.
Supervising Department:
Department of Logistics and Management of Transport (16117)
Keywords:
simulation, game management, corporate decision-making, competition, financial reports
Abstract:
Titan is a management game simulating the business decisions. Lets 2-8 student groups to produce and compete in the market with the same product. Students set a price and determine the quantity and capacity of production, plan budgets for marketing, research and development. They become familiar with the consequences of their decisions by the form of financial corporate reports and they use this information for other business decisions.
Objectives:
Students get acquainted to technical terminology of business economics by simulation game, learn to orientate in corporate financial statements, evaluate the information and determine business strategy.