Comenuis
Programs
Romania, Hungary, Turkey
“BUSINESS STEP BY STEP”
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Virtual Firm
AIMS of our project:
a) the analysis of the activities (planning, how to
develop a business, management, liquidation) in the
last six months of the second year, in a company, with
the teachers’ and some businessmen's help;
b) the implementation of the activities from a) in the
first three (or six) months of the third year, in order to
create a company for each partner, using the support
of businessmen;
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Virtual Firm
Activities
1. Meetings to our partners’ schools to study Business
Management in order to plan the Students’ Company.
2. To make a development plan for these companies during
the Entrepreneurial education classes in every school in
the partnership.
3. To develop a virtual community during the Informatics
classes by developing a network between the partner
institutions as an interactive site which should support and
promote the most important principles of the professional
integration both at the economic agent level and the
market economy by achieving and developing your own
business.
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Virtual Firm
THIRD YEAR:
To get to an end with the guide by adding all
those necessary documents which are of great
importance in every company.
 Project meetings having the following aims:
-to open up a company in a simulated area
determined by the economic, social and political
context, to make it functioning;
-to evaluate the virtual company’s activity.
 Final evaluation
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Virtual Firm
What should be done?
1. Each partner school will start its own virtual firm
- where the pupils are leaders and employees;
- the pupils are advised by their teachers;
2. In the frame of our partnership some collaboration
activities should be carried on between firms during
the first 6 month of the 3rd year of the project.
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Virtual Firm
Discussions:
Together, we have to come to an agreement regarding
the business activities of each firm so that an
efficient collaboration can be realized.
For example:
- Turkish firm: delivery and selling electronic products
- Hungarian firm: electronic products design
- Romanian firm: electronic products manufacturing
(firm profiles should be as close as possible to the
specific aspects in each school)
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Virtual Firm
Necessary steps to run a firm
1. Firm start up:
 the business activities and legal status of the firm
should be established;
 running the start-up procedure together with
elaboration of the legal documentation (specific to
each country);
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Virtual Firm
Necessary steps to run a firm
2. Firm organizational map
 In accordance with organizational map establish:
- human resources;
- personnel assessment on departments and
positions;
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Virtual Firm
2. Firm organizational map
Board of directors (managing board)
Planning and
supply office
CEO (chief executive officer,
general manager)
HR (human
resources office)
Technical manager
Commercial manager
Economic manager
Administrative
dept.
Production
Production
planning
and control
dept.
New
products
design
dept.
Marketing Accountancy Financial and
and sales
dept.
economic
dept.
analysis
department
Kutahya - BSbS Project Meeting. April 2008
Salaries
calculation
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Virtual Firm
Necessary steps to run a firm
3. Departments activities
 Job assignments:
• Secretariat;
• Administrative department;
• HR department;
• Production department (or design, …..);
• Supply, marketing and sales departments;
• Financial and accountancy departments;
• ……;
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Virtual Firm
Necessary steps to run a firm
4. Economic processes
Commercial operations:
• Conclude commercial agreements;
• Delivery;
• Payments;
• Documents recording the economic operations.
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Virtual Firm
Necessary steps to run a firm
5. Collaboration between virtual firms
 International collaboration
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Virtual Firm
Necessary steps to run a firm
6. Accountancy
 Because none of the involved schools has
accountancy specialization (is this correct?), the accountancy
should produce some simple documents, to emphasize
the profit and lost of each firm.
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Virtual Firm
Necessary steps to run a firm
7. WEB page of the firm;
8. PowerPoint presentation for virtual firm;
9. Recordings on the computer (forms, agreements,
payment documents …. etc);
10. Communications between firms will be performed
by email and Forum.
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This project is financed by the
European Commission. The
Publication reflects only the
author’s opinion and does not
necessarily represent the official
position of the European
Commission.
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