Business simulation is described as simulation used for business training, education or analysis. It can be scenario-based or numeric-based. Like a business, these simulations should involve people, resources and processes with the goal to provide participants an experience comparable to one in real-life. Learning objectives vary based on a business' needs but can include strategic…
https://businesssimulationblog.wordpress.com/2015/11/02/understanding-business-simulations-and-its-benefits/
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