Business Simulation Laboratory Design Proposal

Abstract

The design proposal for implementing a Business Simulation Laboratory intends that students experience management decision-making and its consequences in organizations, encouraging their competitive capabilities through technological tools. This experience will directly impact any area in which professionals work in the future since business simulation provides an enriching experience at a practical level within an environment free of natural risks, thus strengthening the graduate profile of the Business Administration Career at the Escuela Superior Politécnica de Chimborazo. The proposal development began with an exhaustive search of previous research on the creation of this type of laboratory, followed by interviews and conversations with specialists from different areas of the institution, in addition to the business simulation professors, both individually and as a group. An academic environment designed exclusively to recreate the different business scenarios contributes significantly to an organization's labor and interpersonal relationships. Furthermore, this study allows putting into practice students' theoretical knowledge through teamwork and strengthening management skills, thus achieving a comprehensive education as it shows the coordination between the different activities and processes in a public or private institution.