Business Simulator

Title

Business Simulator

Objectives

To provide learners with first-hand experience – within a virtual environment and in a simplified manner – of the most appropriate strategic decisions characterizing business management.

Learning goals

Providing users with an instrument to learn by discovery, to test the kind of analyses and decisions making up a business strategy within a virtual environment and in a simplified manner.

Contents

The simulation invites users to modify a set of parameters (including the amount of sellers, the price of products, investments in equipment or research and development) while monitoring a number of performance indicators (such as the amount of orders, production capacity, delivery punctuality) to effectively manage the company’s turnover.

The simulation is supported by:
- A description of the reference scenario
- A definition of the player’s role
- Introductory instructions for starting the game
- Causal maps and supporting models for understanding the processes and
strategies to be adopted
- In-depth analysis pages on key issues
- Glossary of fundamental terms

Structure

The course includes one teaching module only comprising a number of training units:

Module 1

Unit 1	Web fiction
Unit 2	Lesson
Unit 3	Lesson
Unit 4	Job aid
Unit 5	Simulation
Unit 6	Causal map
Unit 7	Job aid
Unit 8	Job aid

Target

Young entrepreneurs or anyone wishing to try to (virtually) manage a company

Duration

1 hour, simulation excluded