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modern education systems and business settings.
These contributions are summarized in Table 4.
Due to all these advantages we can point out
that the Business Simulator SIMBA emerges as
a powerful training tool since it meets many of
the demands set by high quality education. More-
over, its playful and competitive environment
provides a high degree of satisfaction and involve-
ment, both for the student and the professor.
“Learning by playing” is the golden rule that
guarantees success.
But not all are advantages. The main challenges
associated with the use of business simulators are:
They require a minimum technological in-
frastructure depending on the simulator.
If their use is complemented by mentor-
ing support to participants, this activ-
ity becomes a labor-intensive teaching
experience.
Even though the above-mentioned benefits
have made simulators an innovative educational
tool, the needs perceived in the educational market
at all levels, and the continuous technological
development and innovation in this type of tools,
suggest new evolutionary trends:
High development cost.
Implement Artificial Intelligence algo-
rithms to improve the tool and, gradually,
its behavior. This is aimed, in short, at emu-
lating users' behavior in the decision-mak-
ing process, feeding this information back
The design of an effective training method-
ology to exploit their potential.
The need to train instructors in both the
tool and the teaching methodology.
Table 4. Contributions of SIMBA in Education
CONTRIBUTIONS OF SIMBA IN EDUCATION
LEARNING OBJEC-
TIVES
Supplement theoretical training provided by conventional methods, strengthen the knowledge acquired.
Acquire experience in decision-making practice without taking the risks of learning in real business situations.
Self-confident handling of concepts and management techniques used in decision-making processes.
Analyze the “cause - effect” relationship of decisions, that is, the market and business consequences of the
actions taken by the participants.
Understand the relationship between the various activities and functional areas of the company.
Opportunity to learn from errors as a means of reinforcing learning.
Allow students to familiarize themselves with business and economic terms in other languages
DEVELOPMENT OF
WORK ABILITIES AND
SKILLS
Develop management skills.
Develop negotiation abilities
Time management
Develop workgroup and even intercultural and interdisciplinary abilities.
Promote the use of the computer as a prime management work tool.
TEACHING FUNCTION Enables the professor to follow up students' involvement by checking connection time.
Can be translated into several languages fostering the integration of foreign students, or even organizing
international competitions
Allows the professor to plan very structured course content.
Provides an efficient and objective evaluation system.
Bridges the lack of “hands on” training found in many educational programs.
 
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