It is, therefore, crucial to link this game of opening the student mind to appropriate theories such that the process of teaching them may be more appropriate and comprehensive.
Business simulation games are also referred to as economic simulation games. These are games focused at on making sensible decisions by the players towards financial management by forming business (Williams, 2010). Since these games are geared to make the players rich, they are also known as tycoon games. They help the player who is also the learner to develop managerial stimulation of pure business simulations devoid of a construction element with emphasis on micromanagement (Klassen & Willoughby, 2013). They have a design of a numeric form although they capture the player’s attention by the rich graphics they employ. However, what makes this games be of more educative value is an accurate recreation of the real world events using these algorithms (Klassen & Willoughby, 2013). Either the player’s actions can lead to either a consequence or a well-expected outcome
Currently, business simulation games form an eﬀective method of learning in management. They provide a modern way of approach in teaching and imparting of knowledge to business students in the modern enterprise. It is true that these games also help to form and develop an enterprising culture in learning techniques of modern management (Ahmad, 2012). A person, who has been through this process, has an excellent probability to be a business manager, with the ability to make right decisions in the current condition of cutthroat market competition. When these individuals start work in management position they find themselves in a situation they can make better financial risks of own decisions (Ahmad, 2012). Therefore, this game forms a basis of a different but crucial form of training for teachers and students in management as future leaders. This is why it seems so important to use diﬀerent forms of ...
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Hence, he asserted that learning can happen by observing others. His theory is also known as observational learning or modelling. The basic tenets of his theory encompass three concepts. Firstly, observation is very crucial in learning. This was evident in his popular Bobo doll experiment wherein children manifestly imitated the behaviour of other people (Sims, & Manz, 1982).
It can be mentioned that organisations in the current day context calls for pace in order to stand competitive. For the purpose of becoming successful and to remain competitive in the market place, the complex organisations require attaining significant competitive advantages.
It means that individuals can observe activities taking place then later on imitate the same behavior or activity accurately. The person who is being observed is regarded as the model and the process of observation and imitation is called modeling. The concept of social learning theory is to emphasize the role of observation and imitations as a means of learning new behaviors.
The debate on how best to cater for gifted children has existed for several years now. Gifted children are grouped in the same category as special needs children but due to the nature of their problem, characterized by high levels of intelligence, little attention has been paid to their needs.
It is also pertinent to state that managing quality actually determines the economic benefits which can be expected to be derived from a project (Lester, 2007; Levy, 2011). While carrying out projects, particularly construction projects, quality is influenced by a large number of factors which include the design of the project, materials planned to be used or being used, machinery, technology used for construction, operating methods, systems used for managing projects and the list goes on.
In this regard, the quality management is about managing processes with the intention of making sure that services, products and goods are appropriate for their function and fulfill the needs (Tutor2U,
This theory assumes that an initial few people are ready to accept new ideas or practices and implement them. However, after a certain time, the idea or practice is diffused amongst the population to a point known as
This paper seeks to analyze ways through which Sahakian and Wilhite (2014) linked theory to practice in the article, particularly through the use of empirical examples. It further seeks discuss the shortcomings in putting practice to theory and finally show ways that theory can build upon existing ideas to develop a more practicable approach to research.
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