Lego profit game

Presented by ANU College of Business & Economics

Event topic

Business

Type of event

Immersion activity

Who should attend

Undergraduate

Times

10–11am, Sunday

Location

College of Business & Economics Building, Allan Barton Forum (view in map)

Meet the presenters

Lecturer, Research School of Accounting
Lecturer, Research School of Accounting
Senior Lecturer, Research School of Accounting

In this ANU immersion session, students will take part in a fun and interactive business game that uses basic cost accounting concepts to demonstrate the decision processes behind selling products for the maximisation of profit. Using lego blocks as raw materials, students work in teams to achieve the highest profit per team member to win the title of Lego Profit Champions.

In this workshop, students learn:

  • How to apply basic cost accounting concepts.
  • Planning and budgeting processes that take place before production providing an insight into the nuances behind production planning.
  • Allocation of scarce resources and pricing strategies.

Meet the presenters

Lecturer, Research School of Accounting
Lecturer, Research School of Accounting
Senior Lecturer, Research School of Accounting

Meet the presenters

Lecturer, Research School of Accounting
Lecturer, Research School of Accounting
Senior Lecturer, Research School of Accounting