Open AccessBUSINESS GAME BAUMARKT ‐ EXPERIENCES WITH A NEW EDUCATIONAL METHOD
Author(s) -
Kerstin von Lentzke,
Friedel Peldschus,
Reinhard Seeling
Publication year - 2006
Publication title -
technological and economic development of economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.634
H-Index - 47
eISSN - 2029-4921
pISSN - 2029-4913
DOI - 10.3846/13928619.2006.9637743
Subject(s) - closing (real estate) , profit (economics) , order (exchange) , work (physics) , game developer , business , business plan , knowledge management , computer science , marketing , game design , economics , finance , engineering , microeconomics , mechanical engineering , human–computer interaction
The business game BAUMARKT, which is based on many years of experience in management education, has been applied successfully in the teaching of civil engineering and civil engineering management for several years. The participants acquire projects, calculate with market orientation and develop strategies as a team in order to reach the defined goals. In the course of the game decisions have to be made, that are related to capital lockup, employees policy, the closing of insurance contracts and the profit use, while the consequences for the business have to be observed. The business game supports the development of the ability to recognise economic interrelations, to think dynamically and to plan and manage work in a team.