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PRACTICE COMPANY
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In Theory Practice Company – a model of a company assignated for studying - offers imitation of all activities from a real company - all practical business activities: from purchase to goods transport and services money needed to be used - doesn’t exist VT
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Information and documents needed in a company are made and exchanged using modern technology
Teaching goal is: transfer practical commercial knowledge learn about business proces solve problems met in business make contacts with different companies
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Practice Company, as in a real world, is divided into:
MANAGEMENT ADMINISTRATION SALE & MARKETING PURCHASE ACCOUNTING & FINANCE
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STARTING A BUSINESS OF A PRACTICE COMPANY
BUSINESS IDEA
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Analysing the Idea Technical- technological Financial
Analysis of human resourcesl Technical- technological Marketable Legally – regulations, possible limitations
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Where to get a business idea
1. hobby 2. talent 3. expert in business 4. finding business chances 5. inventiveness
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Phases in the process of finding ideas:
1. define problem 2. think, collect information, make research– Incubation Phase 3. present the best solution – Illumination Phase
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Methods of finding ideas
Delfi method Brainstorming method Brainwriting method
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Evaluating ideas Criterions: feasibility acceptability legality
quality/ purpose intelligibility
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SELECTING IDEAS CHOOSING THE NAME OF A PRACTICE COMPANY MAKING LOGO
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Logo (trade mark) R = the name is protected
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Contacts with a partner company
Partner company- a company from real business world which helps with advices
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Defining the company strategy
Strategy– aim & course of activity important: define vision establish mission set goals choose strategy
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Business goals, which are usually made by a company, are:
Setting goals Goal- present wished result, i.e. future condition which we wish to get to Business goals, which are usually made by a company, are: - strategic - taktical - operative
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Vizual company identity
Basic building elements of company identity: Name Trade Mark Logo Internal colour Internal Letter
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SETTING UP A PRACTICE COMPANY
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Organizing work of a Practice Company
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PRACTICE COMPANY EMPLOYMENT
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Work organisation in departments
PRACTICE COMPANY Work organisation in departments
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