Title :
On-line training for improvement of business decisions
Author :
Gonen, A. ; Brill, E. ; Frank, M.
Author_Institution :
Fac. of Manage. of Technol., Holon Inst. of Technol. - H.I.T, Holon, Israel
Abstract :
Business games are usually an improved way for participants to learn in an exciting, novel and competitive way, the business world. The participants can turn business plan into real time decisions, examine their decisions and learn from their own success or failures in a competitive environment. The objective of a business game is to offer participants the opportunity to learn by doing to manage a firm and receive an immediate feedback on their decisions. In this paper we study the contribution of training to decision making by using a business game simulator. The main goal of this study is to measure contribution of business game course to a master in management program. The main results show that the business game course has a unique contribution to a management program. Its different concept from all other courses enables different learning and therefore completes the management education.
Keywords :
computer based training; computer games; decision making; educational courses; management education; business decision making; business game course; business game simulator; business plan; competitive environment; firm management; management education; master in management program; online training; Companies; Computational modeling; Computer science education; Decision making; Educational programs; Feedback; Game theory; Management training; Production planning; Technology management; Active learning; Business Game for Education; Computerized business game; On-Line Feedback;
Conference_Titel :
Industrial Engineering and Engineering Management, 2008. IEEM 2008. IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-2629-4
Electronic_ISBN :
978-1-4244-2630-0
DOI :
10.1109/IEEM.2008.4738071
