Key Determinants and Decision Performance in a Business Simulation and Experiential Learning Environment

Abstract

"Development in training technology over the past few years has produced many new ways of using computers to assist learning. Business simulations provide opportunities to manage a company or build a million-dollar portfolio riskfree in a computer-simulated environment. The quality revolution ushered in the need for total quality programs to improve management skills. This paper describes a model of the major variables affecting business simulation and experiential learning in a computersimulated environment. The key variables and their relationships in the model are discussed. Each of the variables are pertinent in understanding and conceptualizing the decision-making process which leads to the best simulation outcomes. "