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Welcome to Virtual Enterprises International

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Presentation on theme: "Welcome to Virtual Enterprises International"— Presentation transcript:

1 Welcome to Virtual Enterprises International

2 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

3 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

4 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

5 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

6 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

7 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

8 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

9 Questions? Comments?

10 TEAM BUILDER

11 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.

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

13 Welcome to the firm!


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