Using Business Simulations to Prepare Students to Think Critically, Make Better Decisions, and Solve Business Problems

James V. Caruso

Abstract


Business simulations are a type of experiential learning that prepare students for skills that they will need in the workforce. This learn by doing approach brings the real business world right into the classroom and develops and enhances students’ ability to think critically, make better decisions, and solve business problems. This paper will describe what business simulations are, their types, benefits and limitations, and how they are used. Then, this paper will discuss how to select and use a simulation in a course, including integrating interdisciplinary content and using a Simulation Implementation Framework. Finally, examples will be provided describing how the framework was applied to two courses.

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Copyright (c) 2019 James V. Caruso

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