ROCTRotary Coring Tool (oil exploration)
ROCTResistant Ornithine Carbamoyltransferase (bacteriology)
ROCTRat Organic Cation Transporter
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The industry choice and establishment of business may result from students ' interest and expertise for a particular area, most often bound to studies on profile follows them, and as a result of studying ROCT portfolio companies, focusing on where the segments offer is insufficiently represented.
Basically, at this phase it is necessary to enlist the simulated enterprise in ROCT. For this, the documents necessary for the establishment of the company are presented to the students, and their filling module: application for registration, operation and approval of memorandum, declarations on oath that associations and the administrator of the company meet the requirements of the law 31/1990 regarding companies, enlisting and authorizing operation application, headquarters-lease agreement, application for issuing tax record, opening bank account request, sheet with specimen signatures, payment of social capital proof, empowerment, social capital deposit (if the submission is made someone other than the administrator of the company).
Students will develop portfolios with prospective customers and suppliers, based on the existing companies ROCT platform and in the existing market situation in real economic environment, corresponding to the field of activity of the exercise.
Competitive environment analysis implies identifying companies with the same activity or similar simulated enterprises (existing in ROCT platform) and their comparison based on strengths and weaknesses.
Every buy-sell operation will be accompanied by these documents and will be also operated in the ROCT Platform.
General framework for developing and implementing the concept of "simulated enterprise" in the education system in Romania is provided by the Central Office of firms / enterprises simulated in Romania (Romanian Coordination Centre of Training Firms - ROCT) is a department within the National Centre for Development Vocational Education and Training, with the main responsibilities registration training firms / businesses simulated in secondary education and higher education in Romania, as well as coordinating the operation of the national network formed from them.