WHY YOU SHOULD USE THE SIMULATION?
The simulation help you in understanding all the financial statements and for an individual its necessary to know why financial statements are important, what’s their use:
Financial Statements is designed primarily to assist stakeholders in deciding where to place their scarce investment resources. It is also used to help management to know the performance of organization. It is used by the external parties to take decisions, for example investor decides about the investment in the organization. Similarly lender, supplier etc. also assess the credibility of the company. Accountants summarize this information in a balance sheet, income statement, and statement of stockholder’s equity and statement of cash flows.
Stop looking for the books now for some examples, make your own examples now!!!!!!!!
Stress as many say it is the extreme time when a person is the most vulnerable. It’s a negative power that puts a pause on the mental growth of an individual that eventually ends up damaging the thought process after a while
The “Bid2Win” game simulates the real world of infrastructure projects – evaluation, bidding/tendering, financing and execution.
It is an interactive on-line simulation game that will help you hone financial skills by playing the role of a bidder of big projects. The game requires you to apply finance concepts and business models in a decision-making setting to achieve the objectives of the firm. As a top-level management executive you would have to take many critical decisions ranging from source of financing to project selection.
You are about to embark on an exciting journey in the world of experiential learning. ‘Bankers’ is an interactive on-line simulation game that will help you learn functioning of traditional banks and develop the required management skills for running one. The game requires you to apply banking concepts and business sense in a decision-making setting to achieve the objectives of running a profitable bank. As a top-level management executive you would have to take up to 17 critical decisions.
“ I have already started implementing the ideas a... Read More
It was a good experience as we learnt many new aspects ... Read More
It was fun to work in Simulated Business envi... Read More
Very Innovative Game design. Different from o... Read More
Awesome, real life business experience. - abh... Read More
It was a superb virtual experience with real ... Read More
Very learning experience. ... Read More
“ I have already started implementing the ideas as far as my job & personal life is concerned by making four goals & I would like to mention here that I have so far achieved Rs. 1,000 Mil. cost saving in one of my goal of material cost reduction.”
It was a good experience as we learnt many new aspects which should be considered while setting up a new venture. - email@example.com
It was fun to work in Simulated Business environment and I was able to apply the theoretical concepts. - firstname.lastname@example.org
Very Innovative Game design. Different from other business simulation games. - email@example.com
Awesome, real life business experience. - firstname.lastname@example.org
It was a superb virtual experience with real time. - email@example.com
Very learning experience.