Business simulations have been impacted by technological advancements like interactive elements, artificial intelligence, improved graphics processing, and cloud computing. These simulation games are used by major corporations like Google, Microsoft, American Express, and Caterpillar to train their staff and managers.
- Business Simulation Games simulate real-world situations.
- They encourage student interaction by giving them a voice in the learning process.
- Simulation games offer an enjoyable and engaging learning environment and motivating students to learn via hands-on experience.
- These hands-on learning opportunities increase participation among students and foster teamwork, judgement, problem-solving, and critical reasoning.
Information and communication technology (ICT) advancements have drastically altered traditional educational approaches in recent years, moving the emphasis of the learning process away from the teacher and onto the student in a modern, learner-centered paradigm (Cui et al., 2021). With the help of this new paradigm, students can increase their knowledge and competencies and advance their professional and academic growth.