Exercise firm

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A practice firm ( Üfa ) is a permanent establishment in which people in business training or at a business school form a simulated company in order to trade virtual goods and money with other practice firms. Their legal transactions are void .

Types of practice firms

Practice firms trade among themselves in a virtual market - in their own country and abroad. You buy and sell products or services, pay taxes and duties and take care of all the necessary official channels online. National “training company centers” guarantee the functioning of the virtual market through the following services: commercial register, bank, social security, court, shopping mall, trade authority, transport service (post office, train), customs - the offers vary in the individual countries. Foreign languages ​​can be trained and you get to know the business culture of business partners. Around 7500 practice firms are networked around the world. Practice firms combine theoretical and practical learning. In practice firms, learning is active and motivated, autonomous and independent. Teachers or trainers do not teach in the traditional sense, they supervise and coach. The trainees are employees in the virtual company and usually work for a year as in a real company. Everyone has their job: in marketing, in the human resources department, in purchasing or sales, in management, etc. You can apply for a department. At practice firm fairs, practice firm employees can present their goods and services and close deals.

Practice firms are run by different organizations with different goals. There are two fundamentally different groups:

  • Traditionally, the normal practice firms from business schools , trade schools , vocational schools or vocational colleges , but also operated universities so that their students can also earn without a commercial practice in-depth practical commercial experience that can not be conveyed without a training firm. These commercial experiences include B. to experience the complex interaction of different departments, the realistic processing of commercial tasks in day-to-day business and the sensitivity when you z. B. has to negotiate with other commercial training firms as part of sales activities or procurement projects with real but strangers. The cooperation with a real partner company enables the best possible practical relevance,
  • In addition, many really large companies run a training company for their own commercial trainees. It is typical here that the commercial trainees, in addition to their training in the company and vocational school, usually also meet one afternoon per week in the practice firm. The goals of this practice firm are more to strengthen the social skills of future employees. In the practice firm, positions such as simple employees, team leaders, department heads and management can be experienced at an early stage, with everything that goes with it: Involving others, motivating, but also solving problems yourself or in cooperation across different hierarchical levels. In these practice firms, the trainees typically also have to apply (not all of them are accepted), and the management of the practice firm decides autonomously who moves up to which position. Another reason for running a training firm in a company is that the participants get to know each other better through the training firm and can also better sound out their own skills and motivations .

Organization and operation of a practice firm

The basic idea of ​​a practice firm is that it works largely autonomously and solves its problems itself. In addition, so-called specialist advisors are available. Expert advisors can also be former practice firm members or participants.

The international practice firm fair takes place in Germany every year. Each participating practice firm puts together a trade fair team of well-deserved employees who independently prepare and carry out all trade fair activities. Participation in the measurement is a great motivation for the participants.

In many countries there are central facilities (service points) that provide various services: commercial register for practice firms, simulation bank and credit cards, simulation of public authorities (e.g. tax office, social security, court, customs), simulation of general services (e.g. B. Transport, Shopping Mall / Webshop)

See also

Web links