Role of finance for businesses: capital expenditure and revenue expenditure

define price elasticity of demand and supply and perform simple calculations

Using technology for interaction and collaboration

Practicing to work with others

Learning to listen other people’s opinions

The student understands the reasons for starting up a business or an enterprise

The student understands the common steps in the process of starting up a business or an enterprise

Practicing decision making

Learning to plan and organize work processes

The student understands the main business functions and their roles: human resources, finance and accounts, marketig and operations

Using technology as a part of explorative and creative process

Short, medium and long-term finance

Developing problem solving skills

Using technology resources for problem solving

The student understands the role of businesses in combining human, physical and financial resources to create goods and services

The following types of cost, using examples:  fixed, variable, semi-variable, direct,  indirect/overhead

Total revenue and revenue streams, using examples

Practicing to notice causal connections

The purpose of accounts to different stakeholders

Learning decision-making, influencing and accountability

Learning to notice causal connections

Practicing to look things from different perspectives

Practicing strategic thinking

Practicing persistent working

Learning to find the joy of learning and new challenges

Practicing creative thinking

The difference between profit and cash flow

The following strategies for dealing with cash flow problems: reducing cash outflow,  improving cash inflows,  looking for additional finance

The key functions of management

Human resource planning (workforce planning)

The student understands the role of entrepreneurship (and entrepreneur) and intrapreneurship (and intrapreneur) in overall business activity

Practicing to notice links between subjects learned

Practicing to use information independently and interactively

The student understands the problems that a new business or enterprise may face

Learning to build information on top of previously learned

Market share

How marketing strategies evolve as a response to changes in customer preferences

Encouraging to build new information and visions

Operations management in organizations producing goods and/or services

The need for organizations to change objectives and innovate in response to changes in internal and external environments

Internal and external factors that influence human resource planning (such as demographic change, change in labour mobility, new communication technologies)

Practising to understand visual concepts and shapes and observe their qualities

Understanding and interpreting of matrices and diagrams

Realizing the connection between subjects learned in free time
and their impact to skills needed at worklife

Connecting subjects learned at school to skills needed at working life

Variances

Cash flow forecasts

Encouraging positive attitude towards working life

Learning consumer knowledge and smart economics

Learning to use foreign language in work context

demonstrate the principle of equilibrium price and analyse simple market situations with changes in demand and supply

Marketing and its relationship with other business functions

Practicing to argument clearly own opinions and reasonings

Practicing to take responsibility of one's own learning

Annetaan oppilaille tilaisuuksia oppia oman kokemuksensa kautta työn, yrittäjämäisen toimintatavan sekä yrittäjyyden merkityksen yhteisössä ja yhteiskunnassa.

Harjoitellaan tarttumaan tehtäviin aloitteellisesti, ennakoimaan työskentelyn mahdollisia vaikeuksia, arvioimaan ja ottamaan hallittuja riskejä, kohtaamaan myös epäonnistumisia ja pettymyksiä sekä viemään työ sisukkaasti loppuun.

Tarjotaan tilaisuus oppia tuntemaan erilaisia ammatteja ja työaloja sekä yritystoimintaa.

Harjoitellaan työelämässä tarvittavaa asianmukaista käyttäytymistä ja yhteistyötaitoja ja huomataan kielitaidon ja vuorovaikutustaitojen merkitys.

Edistetään oppilaiden kiinnostusta ja myönteistä asennetta työtä ja työelämää kohtaan sekä vahvistetaan siihen liittyvää tietopohjaa.

describe the concept of market failure and explain the reasons for its occurrence

Business Simulation Games (1).png

Revas - Business Simulation Games

Teach business practically

Allow your students to manage virtual
companies in a selected industry.

programme coordinator

Carina

WIFI Tirol Innsbruck

Recently I have begun my German & Integration course at Wifi and I can easily say that everything is going very well right now. The only thing I could criticise would be the unavailability of a placement test at the beginning. They should have done a placement for everyone before they enrol a course. This causes unbalanced classroom environment and unfortunately some students slow down the whole class. Other than that, not only the building itself but also the learning environment is good. The restrooms are very clean. There's a tap in every classroom from which you can drink water with a paper cup located next to the tap. Moreover, there are recycling dustbins in every class and also the hallways. During the break times, you can get some rests sitting on the couches located in the middle of aisles. These are my first impressions. I'll keep it updated if anything changes.

Their response is really irresponsible, they didn't give any solution to each inquiry. And they always gave the same irresponsible answer for two months. Thanks to you, all my schedules have been ruined.

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Carina

Carina found Revas - Business Simulation Games:

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