Excelling in the Capstone Simulation: An Application of Spreadsheet Technology as a Decision Support Tool
AbstractA wide variety of pedagogical methods have been employed over the years in the presentation of business capstone courses. Most methods have used some combination of case studies, lecture, and term-length projects. More recently, with the advent and widespread availability of personal computer technology, business simulations have been gaining increasing acceptance. The introduction of a business simulation is generally to offer a “hands-on” experience for the student. Therefore, if a capstone simulation is for the purpose of “experiential learning,” then integration of the techniques taught for business analysis should, likewise, be incorporated. This paper presents one scenario of how a business simulation is incorporated into a business capstone course. The simulation then provides the data for analysis using spreadsheet techniques as a basis for decision support.
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