VIRTUAL BUSINESS MANAGEMENT
Virtual Business – Management gives students the chance to be the boss of their own company. With this online simulation, students begin by managing a small facility and controlling limited factors. As they develop their business knowledge, they can lease as much space as they want and grow into manufacturing giants. Students get to make high-level decisions to inform the direction of their business. This sim is ideal for teaching introduction to business, management, supervision, and entrepreneurship.
In advanced projects, students design factory floors and office environments to maximize output and minimize cost. In the process, students deal with a variety of business challenges— absent employees, fast workers and slow workers, strikes, accidents, and more. In multiplayer mode, opportunities to bid on orders appear in real-time to all students in the class.
Real teachers, real students, real classrooms
“Kids tell me that they want to be in charge of their own company someday,” Peterkin says. Read more. Read More
Video Tour
Lessons Include
- Recruiting, Resumes & Hiring
- Employee Opinions
- Employee Supervision
- Strikes, Unions & Collective Bargaining
- Management Accounting
- Pricing & Sales
- Operations Management
- Business Plan Math
- Risk Management & Insurance
- Forms of Business Ownership
- Management Mogul
- Extra Credit: Turnaround
- Extra Credit: Mega Management Mogul
Student Testimonials
Cayden
Irondequoit High School
Cayden compares her experiences at a professional sport event to what she learned through the Knowledge Matters Virtual Simulations. She enjoyed seeing how what she learned applied in the real world. Cayden also explains how she is motivated to take her career in a certain direction thanks to the simulations.
Marley
Hoover High School
Marley describes how she was able to apply what she learned through the Knowledge Matters simulations to her retail experience working at Forever 21. The Simulations excite her about learning business through fashion and retail since that is something she is passionate about.
Nick
Hoover High School
Nick from Hoover High School uses the real life skills he learns through the Knowledge Matters simulations in his job at a restaurant and shares how they can prepare him for a future in business.
Mason
Hillsboro Deering High School
Mason shares how the Knowledge Matters Simulations helped him realize what career path he could take and how he can incorporate his love for sports in his future.