engleski

Using Business Management Flight Simulatiors as a Teaching Tool for Entrepreneurs

Decision-making in entrepreneurship is often very risky because consequences of entrepreneurs’ actions are visible only after longer time (months or even years). Ideal education tool in entrepreneurship would allow entrepreneurs to compresses time and space in non-risk environment and to gain experience and make mistakes without fear of real damage. Such tool would allow potential entrepreneurs to see the consequences of his/her actions in few minutes or hours, and to detect possible wrong presumptions about the real world venture capitalism. This paper argues that management flight simulation models could meet the educational challenge in entrepreneurship and allow entrepreneurs to avoid intuitively correct decisions that are actually not optimal. Paper will present the system dynamics model of supply and demand.

simulation modeling; simulation games

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