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Business Simulations in Business Programs
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Business simulations in Business programs usually involve games and economic simulation games. These are widely used in undergraduate Business programs in the USA becuase they accurately simulate real-world events using algorithms, and they also tie players' actions to expected or plausible consequences and outcomes. As the students make realistic business decisions and analyze the results of their actions, the important business principles will become a part of their natural thinking. Business simulation games can form a large- or small part of a course, can be done individually or in groups, and are used in virtually all Business fields of study: strategic management and policy, marketing management, human resources management, manufacturing and operating systems, entrepreneurship and venture development, etc.


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