A Study On Advancing Entrepreneurial Skills And Abilities Through The Use Of Simulation Games On Secondary Shool Business Education

Entrepreneurship is a term that has reentered the public vernacular over the last few years, many times in reference to what is wrong with America but what it means is rarely defined. Furthermore, it is generally agreed that more Entrepreneurship is a desirable trait but how to go about encouraging it is again a point of contention. This paper will address a specific facet of entrepreneurship and attempt to discover what are the key drivers to foster an entrepreneurial spirit from childhood.

They are our future and they are people who Canadian citizens will continue to rely on. There are so much potential for young Canadians that want to pursue their career in entrepreneurship, and they deserve the opportunities to learn, explore and perform. By having organizations such as Projects Abroad provide volunteer opportunities for youths at any level of education, it demonstrates that everyone is welcomed to pursue their career. Whether there are opportunities of learning locally or globally, what matters are the accomplishments that young entrepreneurs will make after gaining valuable experiences and skills. Their responsibilities are not only to make profit but to behave ethically and contribute to economic development, while improving the quality of life of the local community and society at large (Misra 177). Similarly, the government’s role is to help young Canadians succeed in the business industry. It’s not only government initiatives in relation to assisting youths start a business, but how the government can support businesses in the long run. To conclude, young entrepreneurs are heavily dependent on Canada’s economy because they are the ones that will create future jobs, produce for the market, and handle government interventions. There are many challenges involved in the business field but with the government and young entrepreneurs working together, they

Education, economic development, outreach and participation, and introductions to culture and arts can all play vital roles in cultivating prosperous environments. As the president of a funded startup company, Future CEO of America, it is our goal to promote entrepreneurship and financial literacy among youth in underserved areas. By garnering support from international, regional, and local leaders in business and government, we have been successful in carrying out our mission. My work with Future CEO will maintain as we strive towards building a national profile that empowers more children to become leaders in the

Marketplace live business Simulations is an educating game focusing on real life business and marketing environments. The game allows students to implement their own business ideas and strategies allowing for them to experience consequences or positive outcomes that follow their decisions. This manual outlines the business ideas and changes that Prestige PC’s made while selling their products globally to compete with their major competitors.

Over the course of being in college, there were multiple opportunities to be involved with business simulation games. Business simulation games are a great way to take all that has been learned and apply it to the simulations decisions. The processes involved really give someone the ability to understand how each decision impacts the companies overall performance as a whole, and then access the companies performance. It is also very surprising how the knowledge that has been taught over the course of college is applied, but not directly put to pen and paper, but merely a mental function that is not thought of until after the simulation ends. Another vital piece to the business simulation is how managerial skills are developed overtime. To better

Thomas Friedman is an author who makes articles about jobs. His article is about how finding jobs is harder and how the risks of entrepreneurship has greatly lessened since when he was a kid. He talks about that how it turned out is because school makes people unmotivated because they are learning about stuff they will never need to use. They could just google it to pass the test. “Teachers need to coach students to perform excellence, and principles must be the head instructional leader who create the culture of collaboration required to innovate.” This means that teachers need to work on having the student’s understand what they’re doing not just pass a test.

In Canada, Entrepreneurship has become a highly-practiced career for much of the workforce. Despite great innovation in the minds of young Canadians, an ongoing issue faced by Canadians is the practice of actually growing business around great ideas to become something greater than mom and pop shops or single-location businesses. With a lot of room for improvement, Canada has the opportunity to grow to one of the world’s leaders in entrepreneurial businesses, but must first develop an infrastructure that is more supportive of up and coming young entrepreneurs. The future of Canada’s economy lies in the hands of entrepreneurs and therefore, steps should be taken to better foster development and growth in this industry.

The act of simulation is a recommended teaching and learning strategy, known to provide knowledge which is

This study validated the use of simulation as a method of effectively transfer learning into competencies, building teamwork and basic organizational skills. Limitations to this study is the small sample size, evaluation tool, and no evaluation of participants experiences of past simulation exposure. The literature review stated that the use of up to fifty percent as a clinical experience had no impact on NCLEX-RN past rates. Therefore this study could be used by educators as evidence for future training to ensure competencies of APRN.

Every start-up needs financial support to achieve high aims. Global economy conditions have come up with some reality base difficulties for new start-ups but these difficulties cannot delay the establishment of entrepreneurial companies. On the other hand, challenges of globalisation are bothering mature companies to produce more innovative, environment friendly, qualitative and economic products or services. Automatically, it is a threat for new start-ups to be more sufficient and efficient for survival and then to be a mature company to gain marketplace. The notion of entrepreneurship varies according to the situation of the target market. New start-ups need delegation, resources and expertise to grow it and to follow different stages of business growth (Baron, 2012).

These businesses that are run by students are very vital to the student body that is interested in business and entrepreneurship. They should be introduced in every campus that hosts business studies. Business students read about ventures, organizations and management in textbooks, but it’s a completely different experience while making decisions about an actual business. The thrill of making decisions, feeling the consequences of every decision made is something that cannot be taught. It must be experienced. This method of learning would revolutionize how business and management is taught in universities, creating social change and bettering society (Mars, Matthew M. and Gary Rhoades, 435-459).

Cesim business simulation encourage players to exercise their occupational and “decision-making” abilities. The Cesim simulation is divided in three major areas. The first one is; the International Business Strategy Game – on this game the players will create and implement plans for their faked organization performing in three international markets. The determining factor of success are the operational and financial aspects. Teamwork among players is another good aspect by this game. It is adaptable to the local business and country.

While I discussed the lesson, I tried to pique my students’ entrepreneurial curiosity. So, I instructed them

Over the course of the last three months, I have experienced a totally new way of learning for me, known as ‘experimental learning.’ The philosophy of experimental learning revolves around the concept that experience is the most important tool for learning, and that learning is “the process whereby knowledge is created through the transformation of experience. Knowledge results from the combination of grasping and transforming experience” (Kolb, 1984). This is different from anything I have experienced prior in my academic career. When I first discovered this course, I was intrigued as to how one can be taught to be an entrepreneur. My belief was that one is born with the necessary skills to be an entrepreneur, I was sceptical at first glance, however as I read further into the details of the course I started to believe in its methods of combining traditional teaching with collaboration with real business people (Chang and Rieple, 2013), I started to imagine the possible outcomes. “Entrepreneurial education aims to develop students’ mindsets, behaviours, skills and capabilities which will create the entrepreneurs of the future.” (Chang and Rieple, 2013) My goal is to be a successful entrepreneur, and take the new business my father started a year ago, from infancy into the next level, and become a burgeoning business in Tanzania and potentially expand into neighbouring countries. Before the start of this course I lacked practical entrepreneurial project experience, and I

New Zealand was ranked second in the world for ease of doing business (World Bank, 2016) and fourth for attractiveness to foreign investors (Milken Institute, 2015). These make New Zealand a favour place for entrepreneur to run a small to medium-size business. With increasing start-up opportunities, the entrepreneur education and training for New Zealand primary and secondary students (years 1-13) do not meet the needs of entrepreneurial practices. According to Vecchio’s Entrepreneurship’s Big Five, the entrepreneurial practices include risk-taking propensity, need for achievement, need for autonomy, self-efficacy, and internal locus of control (Nielsen et al, 2012). This essay will provide a solution to address this challenge, in particular, the use of Funvironment. Funvironment is an online social learning application for primary and secondary students to provide learning environment for children that foster creativity and enables them to follow their passions, gain confidence and find support from their peers, families and industry professional.