Accounting & Finance

This case study offers practical insights into business management, focusing on management accounting in the food industry. Learners run a virtual company, making decisions that affect its economic performance and reviewing periodic financial reports. The simulation covers company financial report structure and content. Learners access video resources and a knowledge base with useful text and audio materials for deeper understanding.

In this case study, the participant manages a company that is already up and running and earning income from product sales. It has all the machinery and employees necessary for production. Participant’s goal is to make the business succeed within a year by building up new sales channels, accomplishing innovation projects, and stabilizing the company’s economic status. In addition, participant will manage end-to-end life cycle of product, from the conception of the idea, through its production, and up to sales

In this management accounting simulation, players manage the operations and finances of a large chocolate confectionery company. Working in teams, roles should be clearly determined. Financial strategy should be formulated with the ultimate aim of increasing revenues and reducing costs and overheads. The simulation introduces techniques like Direct Product Profitability Analysis, Direct Customer Profitability Analysis, Porter’s Value Analysis, as well as budgeting techniques. Strategic performance metrics such as ROI, RI, and EVA are provided after each round, same can be calculated by teams using company data. Each round represents a year, and unexpected events challenge participants to critically assess both quantitative and qualitative information relevant to strategic management accounting.

In this case study, the participant is the general manager of a company that is producing exclusive designer silverware, mainly for high-class restaurants and hotels. The company “Forknello” has been in the market for a while, it has faced various crises over different periods. The participant has recently joined the company, and they will need to resolve three different life-stage crisis situations. The aim is to lead the business through three different situations. Identify the crises and associated risks, and find a solution for them in order to stabilize the company. Each chapter in this module covers a different management topic that will help the participant lead the company. The participant will learn more about crisis management through three different simulations.

In this strategic management simulation, Participants act as Directors of their own Sports retail company. They create and launch a business strategy, then make operational decisions to outperform competitors across market segments. The objective is to make decisions that have the greatest impact on improving company performance and increasing stock value. The simulation allows students to design, launch, and manage their own strategy for their own sports retail company. This begins with outlining their company's vision, setting targets and SMART objectives, undertaking SWOT, PESTLE, stakeholder analyses, and determining the value model, CSR strategy, and other considerations.