Using Business Simulations To Introduce Business Concepts

Authors

  • Bindu Kulkarni
  • Vasant Sivaraman

Abstract

Business simulations are effective experiential tools used to introduce business concepts, to enhance decision making skills and to appreciate a cross-functional understanding of business. In this article the authors have shared their experience in using a business simulation at the beginning of a post graduate management program as opposed to a conventional approach of use at a later stage of the program. By providing class feedback the authors have been able to convey participant experience in the course. Traditionally, business simulations have been used as a capstone course in a business program. The experience of deploying this pedagogic tool at the start of the business program, with specific goals including that of introducing an appreciation for ‘what business is’ is sought to be shared in this paper.

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