{gv-scripts
Business Simulations
Features
- Provide comprehensive management reports that can be designed to meet your requirements (i.e. using a business or industries own terminology or business performance measures)
- Marketplace and overall economic environment can be pre-determined to meet client's own requirements
- Focuses on financial management but links this to wide range of other business decisions (e.g. marketing spend, recruitment, asset utilisation)
- Can run for up to eight different decision periods and between two and six teams (or individuals) can take part
- Easy to use - participants need no computer knowledge (although can use PCs if required) and input of results is straightforward for the tutor
- Doesn't include any random factors (unless required)
Benefits
- Groups (or individuals) experience using reports with terms, currencies and performance measures that they are familiar with (and that they would naturally have access to)
- Results of decisions will reflect attributes of a realistic business and economic environment
- Results of decisions will reflect attributes of a realistic business and economic environment that can be created to suit their business's market situation
- Can be easily incorporated into different types of learning events (e.g courses of varying lengths, remote decision making via email, intranet, etc.)
- Participants focus on the business decisions rather than the operation of the simulation
- Inspires confidence of participants - they know that their results are only influenced by decisions in the marketplace (and they can see the evidence)