Abstract:
This study reports on the use of simulation as approach to management education. After reporting the
literature, the change in skills levels of participants in an entrepreneurship and business management
simulation is empirically reported. Data from respondents were studied to compare if strategic, financial,
operational, marketing and sales, human resource and integration skills changed after attending the
simulation training. The findings revealed significant increases in the skills level of the participants after
attending the workshop. High interrelatedness between the constructs was found and confirms the
complex nature of operating a business and the learning required to be successful when doing so.
Informal learning aspects associated with the simulation are also reported.
