Simulated Company

A simulated company works as if it were a real company. The place where the activities take place is conditioned and set like a real firm. In this simulated environment, the tasks and activities that are normally executed by employees and managers are carried out: they hire employees, buy, sell, pay, control, make accounting records, send and receive emails, make and answer phone calls, make promotions, discuss marketing strategies. Your organization chart, procedure manuals for your various departments, job descriptions, catalogs and price lists are true and have a physical support.

All administrative processes and supporting documentation are authentic. Only the exchange of real products and the circulation of cash are absent from a simulated enterprise. In the case of schools, the purpose of simulated companies is generally the commercialization of products. But in simulated companies it is also possible to sell services, be a wholesaler or retailer, produce products or dedicate only to marketing.

Main characteristics of the simulated company:

  • It operates in a simulated market.
  • The tasks and activities that are normally carried out by employees and managers in a real company are carried out.
  • All administrative processes and supporting documentation are authentic.
  • The management, organization and administration structure of a real company is reproduced.
  • The different roles of an organization chart of a real company are assumed.
  • Purposes of a simulated company in an educational setting:

  • The management, organization and administration structure of a real company is reproduced.
  • Stimulate the responsible and autonomous development of students from problem solving and decision making in the face of unforeseen events, incidents and conflicts produced by the dynamics of a company and its interaction with customers and suppliers.
  • Develop the permanent updating of the contents from the systematic linking of teaching-learning activities with the local productive system.
  • Contribute to the vocational guidance of students and the employability of graduates through role-playing tests and specific tasks typical of the world of work.
  • In order for the activities carried out in the Simulated Company to be as similar as possible to the local business reality, the sponsorship of the simulated company by a local company is sought.
  • Business simulation as a methodology for technical-professional training and capacity building at the secondary level:

    The simulation of companies seeks to promote the development of capacities for organizational management, so that students can have greater professional competence to act appropriately and responsibly in real-life social and work situations, based on a methodology that allows the contextualized and experiential knowledge. It seeks to stimulate responsible and autonomous development from problem solving and decision-making within the framework of the dynamics of a company, and to contribute to the vocational guidance of students and employability from the rehearsal of their own roles and tasks and concrete of the world of work.

    VISIT IMAGE GALLERY OF SIMULATED COMPANY

    VISIT SIMULATED COMPANY VIDEO GALLERY

    Simulated Business Guide

  • What we call a simulated company.
  • Teaching role in business simulation at secondary level.
  • Student's role in business simulation at secondary level.
  • Business simulation as a methodology for technical-professional training and capacity building at the secondary level.
  • Development of basic skills, basic professional skills and specific professional skills.
  • Benefits of implementing a simulated company in an educational environment.
  • Organization and constitution of the simulated company.
  • Development of company policy and business plan.
  • Administration and management of the simulated company.
  • see: Simulated Business Guide (*)

    (*) Document developed by the Ministry of Education of the Government of the City of Buenos Aires.

    See: Simulated Business Network (**)

    (**) Document developed by INET.