152-0346/04 – Managerial Simulation Game (MSH)

Gurantor department	Department of Business Administration and Law	Credits	5
Subject guarantor	Ing. Josef Kašík, Ph.D.	Subject version guarantor	Ing. Josef Kašík, Ph.D.
Study level	undergraduate or graduate	Requirement	Choice-compulsory
Year	1	Semester	summer
		Study language	Czech
Year of introduction	2013/2014	Year of cancellation	2020/2021
Intended for the faculties	EKF	Intended for study types	Follow-up Master

Instruction secured by
Login	Name	Tuitor	Teacher giving lectures
KAS20	Ing. Josef Kašík, Ph.D.
KUB305	Ing. Andrea Kolková, Ph.D.
KRI13	Ing. Pavlína Křibíková, Ph.D.,MBA,LL.M.
PET35	doc. Ing. Jindra Peterková, Ph.D.
STE65	Ing. Zuzana Stefanovová, Ph.D.

Extent of instruction for forms of study
Form of study	Way of compl.	Extent
Full-time	Credit and Examination	2+2

Subject aims expressed by acquired skills and competences

1. To know how through the interactive business simulation solve problems in the field of management. 2. To understand the game strategy in the simulations JA TITAN, VENSIM. 3. To appoint the appropriate level of prices, production, marketing, capital investment and research and development so as to achieve corporate balance. 4. To Assess the impact of decision by student companies management. 5. To practice the skill of working and making decisions within a team.

Teaching methods

Lectures
Tutorials
Project work

Summary

The subject is based on teamwork while each team represents management of virtual company. Students have to achieve balance of company through their decisions in simulations and to be better than competition in the field of profit, sales and market share. Theoretical resources of the presented specialized topics are confronted with practical experience of managers in the selected companies through video conferences.

Compulsory literature:

ROSENTHAL, Edward C. The complete idiot's guide to game theory. New York: Alpha, [2021]. Complete idiot's guide. 362 p. ISBN 978-1-61564-055-3. SHAFER, Glenn a Vladimir VOVK. Game-theoretic foundations for probability and finance. Hoboken, NJ: Wiley, 2019. Wiley series in probability and statistics. ISBN 9781118547939. TADELIS, Steve. Game theory: an introduction. Princeton: Princeton University Press, c2018. 396 p. ISBN 978-0-691-12908-2.

Recommended literature:

DHAMI, Sanjit S. The foundations of behavioral economic analysis. Oxford: Oxford University Press, 2018. 1764 p. ISBN 978-0-19-871552-8. PETERSON, Martin. An introduction to decision theory. Second edition. Cambridge: Cambridge University Press, 2017. Cambridge introductions to philosophy. 339 p. ISBN 978-1-316-60620-9. RODRIGUEZ, Abel a Bruno MENDES. Probability, decisions and games: a gentle introduction using R. Hoboken: Wiley, 2018. 215 p. ISBN 978-1-119-30260-5.

Way of continuous check of knowledge in the course of semester

- Test (entrance and final) - Competition of the student teams

E-learning

152-0346/04 Managerial simulation game

Other requirements

- Term thesis (scenarios of simulation game)

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

- Managerial simulation game - Strategy and rules in managerial simulations - Application of principle of system dynamics in managerial simulations - Fundamentals of working team management and manager`s time - Conflict at the workplace and ways to solve them - Tools of manager for enterprise performance measurement - Basic managerial activities and used methods and techniques - Orientation of manager in international enterprise environment - Potential of managerial characteristics development - The most common manager`s mistakes and how to avoid them - Conception supporting ethical management

Conditions for subject completion

Full-time form (validity from: 2016/2017 Summer semester, validity until: 2020/2021 Summer semester)

Task name	Type of task	Max. number of points (act. for subtasks)	Min. number of points	Max. počet pokusů
Credit and Examination	Credit and Examination	100 (100)	51
Credit	Credit	40 (40)	20
credit	Other task type	40	20	3
Examination	Examination	60	31	3

Mandatory attendence participation:

Show history

Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic year	Programme	Branch/spec.	Spec.	Form	Study language	Tut. centre	Year	Type of duty
2019/2020	(N6209) Systems Engineering and Informatics	(6209T017) Informatics in Economics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2019/2020	(N6208) Economics and Management	(6208T062) Marketing and Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2018/2019	(N6208) Economics and Management	(6208T037) Management		P	Czech	Ostrava	1	Choice-compulsory	study plan
2018/2019	(N6208) Economics and Management	(6208T011) Economics and Law in Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2018/2019	(N6209) Systems Engineering and Informatics	(6209T017) Informatics in Economics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2018/2019	(N6208) Economics and Management	(6208T062) Marketing and Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2017/2018	(N6208) Economics and Management	(6208T011) Economics and Law in Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2017/2018	(N6208) Economics and Management	(6208T037) Management		P	Czech	Ostrava	1	Choice-compulsory	study plan
2017/2018	(N6209) Systems Engineering and Informatics	(6209T017) Informatics in Economics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2017/2018	(N6208) Economics and Management	(6208T062) Marketing and Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2016/2017	(N6208) Economics and Management	(6208T011) Economics and Law in Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2016/2017	(N6208) Economics and Management	(6208T037) Management		P	Czech	Ostrava	1	Choice-compulsory	study plan
2016/2017	(N6209) Systems Engineering and Informatics	(6209T017) Informatics in Economics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2015/2016	(N6209) Systems Engineering and Informatics	(6209T017) Informatics in Economics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2015/2016	(N6209) Systems Engineering and Informatics	(6209T025) System Engineering and Informatics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2015/2016	(N6208) Economics and Management	(6208T011) Economics and Law in Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2015/2016	(N6208) Economics and Management	(6208T037) Management		P	Czech	Ostrava	1	Choice-compulsory	study plan
2014/2015	(N6208) Economics and Management	(6208T037) Management		P	Czech	Ostrava	1	Choice-compulsory	study plan
2014/2015	(N6208) Economics and Management	(6208T011) Economics and Law in Business		P	Czech	Ostrava	1	Choice-compulsory	study plan
2014/2015	(N6209) Systems Engineering and Informatics	(6209T025) System Engineering and Informatics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2013/2014	(N6208) Economics and Management	(6208T037) Management		P	Czech	Ostrava	1	Choice-compulsory	study plan
2013/2014	(N6208) Economics and Management	(6208T037) Management	(00) Management	P	Czech	Ostrava	1	Choice-compulsory	study plan
2013/2014	(N6209) Systems Engineering and Informatics	(6209T025) System Engineering and Informatics		P	Czech	Ostrava	1	Choice-compulsory	study plan
2013/2014	(N6209) Systems Engineering and Informatics	(6209T025) System Engineering and Informatics	(00) System Engineering and Informatics	P	Czech	Ostrava	1	Choice-compulsory	study plan

Occurrence in special blocks

Block name	Academic year	Form of study	Study language	Year	W	S	Type of block	Block owner

Assessment of instruction