Welcome!!!

LE-Game/LE-Prohef Leeuwarden 3th June

2014

Calculating extra added value: wage costs

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Credit is Right, Debet (no L) is Left

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Paperwork & Money

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Business in a classroom

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Administration done! : Prohef support!

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Overview

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Outline

11.15 hrs IntroBehavior style tests (R & B)

11.30 hrs - 12.30 hrs LE-ProhefBreak 45 minutes (successes?)Activating Labour market?

13.15 hrs – 14.30 hrs LE-ProhefActivating Labour market?

14.30- 15.00 hrs EndSome tests like RWinner & your certificate

> 15.00 hrs Your individual behavior style explained (when asked)

• Why you as a Stenden student?• Entrepreneurial behavior ↑• Contribute to economic research

(a new activity of Stenden)

4 basic principles for education

• Challenge / Uitdaging• difficult is teasing, moeilijk is spannend,

• Self guiding / Zelfsturing• doing yourself is the best motivation, zelf doen is de beste

motivatie

• Relevance / Relevantie• authentic content, authentieke inhoud en werkvormen

• Passion / Passie • seek core elements , zoek de kern

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Uw Rol (Your role ):

- Leverancier (Supplier)- Producent (Producer)- Handelaar (Trader)

of (or)- Werknemer (Employee)

Wie is er Leverancier? Graag even de handen omhoog!!Who is Supplier? Hands up please!!

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Wie is er Producent Graag even de handen omhoog!! Who is Producer? Hands up please!!

Jullie doen zaken met elkaar !!You do business together

Wie is er Producent Graag even de handen omhoog!! Who is Producer? Hands up please!!

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Wie is er Handelaar? Graag even de handen omhoog!! Who is Trader? Hands up please!!

Jullie doen zaken met elkaar !!You do business together

Wie is er Producent Graag even de handen omhoog!! Who is Producer? Hands up please!!

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Mag ook rechtstreeks naar de markt met alleen mono-torens !!

Also sales of only mono-towers direct to the Market

Wie kent de spelregels van mens-erger-je-niet? 2 pagina’s

Who knows the rules of Ludo? 2 pages

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Wie kent de spelregels van Monopoly? 7 pagina’s

Who knows the rules of Monopoly? 7 pages

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Wie kent de spelregels van Monopoly? 7 pagina’s

Who knows the rules of Monopoly? 7 pages

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Spel leer je door te DOEN

Learn the game by doing!

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This LE-Game-simulation is a learning environment with a lot of advantages:

Experiencing several aspects of entrepreneurship in a safe environment

Effective way of learning by doing (70% retention grade) Entrepreneurship in action is also having fun!

Why LE-Game, the Learning Entrepreneurship Game?

Entrepreneurial Competences

Typical entrepreneurial skills are: Thinking from the customers perspective/ market oriented Creative thinking Solving problems/endurance Be Innovative Cooperation Taking risk rationally Working towards Results Networking & social orientation

Source: young entreneurship – Handbook Minionderneming

OutlineEvery Entrepreneur starts with capital of € 2.500.

The game consists of ca. 50 periods In period it is possible to sell and to buy , or to produce

depending on the role. The administrative procedure is compulsory for the taxes

• End: after approx. 50 periods (weeks) the income statement (profit and loss) and the new balance is determined.

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• Complex role game

• Many players interacting

Resulting in stereotype processes

• Labour market ?• Entrepreneurial behavior?

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Restrictions

Producent(en)Producent(en)

HandelHandel

Leverancier(s)Leverancier(s)

MarketFinished products

MarketRaw materials

Supplier(s) Trade organizations

Productionorganizations

BricksTowers

Complex & simple

BricksTowers

(complex)

Towers (simple)

TaxesLabour market PROHEF

Trading org.

Production org.1

Supplier 1 Production org.2

Supplier 2

Supplier 4Production

org.4

Supplier 3

Trading org.2

Trading org.4

Production org.3

Trading org.3

Market Finished products

Market Raw materials

Description (Beschrijving)

Supplier(Leverancier)

Trading Raw materials Handelt in grondstoffen

Producer(Producent)

Produces (Produceert)

Sells to (Verkoopt aan)

• Traders (Handelaren)• Market (Markt)

(only mono towers) (alleen mono torens)

Trader (Handelaar)

Trading towers Handelt in torensSells to MarketVerkoopt aan de Markt

Markt eindproductenMarket finished products

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Kopen alleen van / Buy only from

Producenten (Producers)mono-torens / mono towers

Handelaren (Trader)Producent (Producer)

Handelaar (Trader )

mono-torenmono tower

Export in $

Market Raw materialsMarkt Grondstoffen

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Verkoopt alleen aanSells only to

Leveranciers (Suppliers)

Prijzen worden door de markt bepaaldPrices are determined by the market!

Leverancier (Supplier)

Handelaren en/of Producenten nemen/selecteren hun orders bij de Markt(en)

Traders and/or Producers take/select their orders at the Market(s)

Het spel begint :The game starts :

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Forms: VAT value added tax (=20%)!!

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Revenues Received VAT

Inclusive VAT 20% VAT€ €

Cost Paid VAT

Inclusive VAT 20% -/- VAT

€ €

VAT to pay to the government

€

TAXES : Value Added Tax !!20%

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Labour market ?

Prohef system: only wage costs when there is extra added value

20% of the “extra” added value

Go!

What about the development of Entrepreneurial competences??

Competencies start Experienced? Examples

1 2 3 4 5 1 2 3 4 5

Thinking from the customers perspective

Creative thinking

Solving problems/endurance

To be innovative

Cooperation

To take rational risk

To work towards results

Networking & social orientation

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http://le-network.nl/en/

new/unique

Very large number of participants: many employees, so a labor market!

Test labor market processes: the “Prohef” system Foreign markets! Easier startup domestic Markets Dollar $ and Euro € exchange rate Borrow money, pay 10% interest per period (= 30

minutes) + Collateral needed

Labour Market

“intake”