Students
Business Simulation Games
The process of starting and running a small business is a complex task suitable for simulation by board or online games. The players seek a desired change of state (no business to profitable business) by following a specific set of tasks. The environment includes competition and risk, and is an area that is relevent and interesting to many individuals.
The Johnny Money Game is presented by The National Federation of Independent Business (NFIB) Young Entrepreneur Foundation to introduce 14-18 year olds to the day-to-day functions of an small business owner.
The simulation can be played individually, or as a class project with teacher instruction and facilitation. The game’s length is a minimum of 45 minutes which covers a two-year period. Game hosts, Johnny and Jenny Money offer advice to players throughout the course of the game.
Players can choose between two retail businesses, and make decisions about securing funding, managing employees, and marketing. The game is well documented and guides teachers in the use of the game in the classroom or as an out-of-class assignment.
For younger teens, this game appears to be a high-quality introduction to the concepts of entrepreneurial business. I think the older teens might be put off by the Barbie Doll-like characters and cartoon illustrations. The Home Page/Registration page describes the game for “Young Entrepreneurs” in some circles, this means under 40 years of age. I think a little more information on the home page would be helpful. Otherwise, I was quite impressed by this site.
-Barbara Berkovich
September 13th, 2009 at 3:46 pm
In my opinion the usage of computer/video game for education purposes it the right step in the evolution of modern education. There is even a school in NYC that only teaches using video games.
September 17th, 2009 at 6:31 pm
The business games and simulations is indeed, a great way to introduce the complex business world to younger generation and help them to confront these difficulty of the rapidly changing business world in a fun way wrapped up as a training game
Using a computer based simulations hold many advantages and helps a lot in making the learning curve easier to claim
As well as to hold statistic on you as a individual while paling the game and check on your progress and
Compare you to other players in the game
It can also guide you along the way and save you a lot of money trying to gain this precious experience in the real world
Through games and simulation we can train the students and mangers of the new world
I hope that many more business games will be avoidable on line such as The CEO Game upcoming business Game
And mini economy