5 Reasons Why Business Simulations Are Great Learning Tools

Request a demo of Cesim Business Simulations at https://www.cesim.com/demo — RISK FREE LEARNING AND COPING WITH UNCERTAINTY Business simulation is a risk-free, lifelike environment where participants can implement strategies and experience the results. Results are sometimes good and sometimes not…

5 Reasons Why Business Simulations Are Great Learning Tools

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Request a demo of Cesim Business Simulations at https://www.cesim.com/demo

RISK FREE LEARNING AND COPING WITH UNCERTAINTY
Business simulation is a risk-free, lifelike environment where participants can implement strategies and experience the results. Results are sometimes good and sometimes not so good, but never known precisely in advance. This opportunity for coping with uncertainty, success, and even failure creates the foundation for learning by doing.

COMPETITIVE MULTIPLAYER ENVIRONMENT
In online business simulations, participants form the management team of a virtual company that competes against other companies in the same market. Cesim’s online platform allows teams to participate from anywhere in the world, and organizations to create exciting competitions internally or between partner entities.

THEORY APPLICATION & INTERACTIVE GAMEPLAY
Business simulation games provide instant feedback on decisions. Participants go through multiple decision-making rounds and they can apply and test different strategies.

DYNAMIC STORY ARC
Participants become fully immersed in business simulation games by becoming actual protagonists of their own company’s story. Creating their own dynamic case during the simulation rounds establishes a greater sense of purpose for the participants.

IN-GAME REWARDS
Just like in traditional games, business simulations reward participants with leader board rankings and various financial and other indicators. Being able to share triumphs and tragedies with teammates forges learning that participants will remember for long afterwards.

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