Welcome to Virtual Enterprises International

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Presentation transcript:

Welcome to Virtual Enterprises International

What is VEI? - You interview for a position in the firm. Simulated business environment - You interview for a position in the firm. - You create our product line & vision. Actual on-the-job work experience - Work in departments/monthly tasks - Buy from & sell to other firms Tasks = real world relevance/careers - Sales, Purchasing, Payroll, Marketing, etc. - Apply concepts from other Business classes

What is VEI? Departmental responsibilities = teamwork Good decisions = PROFIT Trade Shows = REAL competition - Travel to TN in November & NY in April - Booth, sales pitch, website, brochure, etc. - Network with students in U.S. and beyond

Organizational Chart (CEO) (CFO) (CAO) Chief Executive Officer Vice President of Sales & Marketing Vice President of Administration Human Resources Vice President of Accounting of Purchasing Chief Administrative Officer (CAO) Financial Officer (CFO) Department of 3-4 Employees 1-3 Employees 1-2 Employees 1-2 Employees Vice President of Design Layout Web Master

Our Timeline First 6 weeks Orientation & Training Determine firm, product line, slogan, logo Research competitors Write Business Plan Prepare job application and resume Interview for positions Begin creating your portfolio

Our Timeline Next 6 weeks Business Plan/TN Trade Fair Submit Business Plan to Tennessee office Secure business sponsorship Begin fundraising Prep materials for the Trade Fair Practice departmental responsibilities Open website

Our Timeline Remaining 24 weeks Profit?! Perform departmental work Buy & sell with other VEI firms Prepare for Tennessee and New York Trade Fair and Competitions Complete portfolio Evaluate our performance Recruit employees for next fiscal year

Grades? Evaluation? Attendance Department tasks Self-Assessments/Reflections Purchases reports Conduct at Meetings Monthly production/products Professional Development workshops Portfolio Tests & Quizzes Quarterly Performance Evaluations

Questions? Comments?

TEAM BUILDER

Exit Slip: METAPHOR a figure of speech in which a term or phrase is applied to something to which it is not literally applicable in order to suggest a resemblance something used, or regarded as being used, to represent something else; emblem; symbol.

How will this class be different? What company decisions need to be made asap?

Welcome to the firm!