Business Simulations are representative models of a company or one their subdivisions. Those who play get to take control of a company and experience firsthand the typical conflicts of interest encountered in business management. They learn how to apply economic methods and channels of information while making decisions. They also learn how to deal with uncertainty and time constraints in a team during the decision-making process. Business Simulations result in high levels of transfer learning by offering practical experiences that participants can apply to their own business practices.
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