Senior High School Specialized Subject: Business Enterprise Simulation
Business Enterprise Simulation is one of the specialized subjects under the Academic career track and ABM learning strand. Some examples of the things that you will learn from taking this subject include:
- Key concepts of Accounting, Business and Management through identification of business opportunities
- Key concepts of Accounting, Business and Management through business plan preparation
- Actual management execution and decision
While studying, you will also be asked to demonstrate what you have learned by participating in class activities that may include the following:
- Scanning the market and identifying potential business opportunities to capitalize on
- Using appropriate analysis framework and methodology in choosing a feasible product
- Choosing the appropriate methodology in determining demand and market acceptability
- Drawing conclusions and formulating recommendations
- Preparing a strategic plan outlining the competitive environment and competition strategy
- Preparing a marketing plan concluding with a sales forecast
- Designing an operating plan to ensure that product delivery inputs and processes are identified
- Crafting a financial plan based on the results of the marketing plan
- Crafting a full business plan for review of mentors before actual execution
- Simulating/operating a small business enterprise
- Drawing up a culminating report including values learned
These examples only cover the scope of the specialized subjects under the Academic track and ABM learning strand. For the scope of the core and contextualized subjects under the senior high school curriculum, please refer to their respective lists.
