ASSESSMENT OF THE MANAGERIAL COMPETENCES DEVELOPED IN BUSINESS SIMULATION ENTERPRISE: BUSINESS SIMULATION ENTERPRISE MANAGERS‘ APPROACH  Cover Image

UGDOMŲ VERSLO IMITACINĖS ĮMONĖS VADYBINIŲ KOMPETENCIJŲ ĮVERTINIMAS: VERSLO IMITACINĖS ĮMONĖS VADOVŲ POŽIŪRIS
ASSESSMENT OF THE MANAGERIAL COMPETENCES DEVELOPED IN BUSINESS SIMULATION ENTERPRISE: BUSINESS SIMULATION ENTERPRISE MANAGERS‘ APPROACH

Author(s): Jurgita Martinkienė
Subject(s): Economy
Published by: Lietuvos verslo kolegija
Keywords: Managerial competences; education; business simulation enterprise; managers.

Summary/Abstract: Article represents the conception of Business Simulation Enterprise, integration of Business Simulation Enterprise into educational process of higher education institutions. During the higher non-university study process students must acquire managerial competence of European level that would give them the ability to adapt and compete in the labor market. During the Professional Activity Practice in Business Simulation Enterprise students are able to gain or improve such managerial competence. Business Simulation Enterprise is a method for forming students‘ practical skills, the necessity of which is dictated by nowadays situation of preparing Management and Economics professionals. Business Simulation Enterprise is a virtual firm of practical education in which retail and wholesale trade can be conducted, services (such as transportation, insurance, etc.) can be provided. Students working at this c enterprise have an opportunity to execute the economic analysis of personnel, purchases, sales and storage of goods (materials), analysis of marketing activities. These functions are performed on a rotational basis, when the possibility for each student to gain practice in every functional departments of the Enterprise is created. Establishment of Business Simulation Enterprise in a higher education institutions allow to bring the process of educating managerial competence closer to the business environment in which all activities of business enterprise can be simulated. In this way students‘ professional, social, personal and other important managerial competence are being formed. Created business environment let students to familiarize with chosen profession, not only to prepare for work but also to create their own business. These are the reasons for analysing and summarizing the results of the research in educating managerial competence in Business Simulation Enterprise. The results revealed evaluation of Business Simulation Enterprise‘managers in a subject of competence of business management professionals. According to quantitative study results, the managers of Business Simulation Enterprise set an education process of managerial competence in business simulation enterprise and according to them, these managerial competence in Business Simulation Enterprise‘s activity include: working with information, accuracy, creativity, organizational abilities, formation and development of team, written communication, time management, verbal communication, flexibility, effective relations, self – confidence, evaluation of achievements, self – control, determination, self – management, the pursuit of personal goals, etc. Therefore in order to educate managerial competence in Business Simulation Enterprise a list of 25 managerial competence was created. According to the opinion of Business Simulation Enterprise‘s managers managerial competence are strongly educated in Business Simulation Enterprise.

  • Issue Year: 25/2014
  • Issue No: 2
  • Page Range: 35-42
  • Page Count: 8
  • Language: Lithuanian