Simulation-based learning environments have been recommended by researchers as educational tools to support learning in complex domains. However, studies have evidenced that subjects may nevertheless have great difficulty understanding and managing dynamic systems, with several assertions are being made regarding the impact of employing transparent model simulations on learning and performance outcomes. This re...
Achieving rapid and sustainable growth is essential for business ventures to succeed. This being so, future entrepreneurs need to understand and manage the dynamics of business growth. Simulation-based learning environments (SBLEs) have been proposed as effective tools to help learners improve their understanding of complex business problems. However, previous research has found that learners tend to underestim...
Kaplan and Norton introduced the balanced scorecard (BSC), which is based on a systems perspective of the business strategy and performance measurement. Many organisations around the world use the BSC to define, implement and manage strategy. Nevertheless, there are studies that identify problems and limitations associated with the implementation and use of the BSC. The contribution of this paper consists of pr...