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Simulated business effectiveness: learning and performance outcomes

Anna Stamatelatos (Department of Accounting, Monash Business School, Monash University, Melbourne, Australia)
Robert Brooks (Department of Econometrics and Business Statistics, Monash Business School, Monash University, Melbourne, Australia)

Education + Training

ISSN: 0040-0912

Article publication date: 26 August 2020

Issue publication date: 21 November 2020

315

Abstract

Purpose

This study investigates simulated business learning and performance effectiveness during a simulation task. The learning and performance outcomes of two groups of postgraduate student participants are investigated namely: (a) participants who do not struggle with the task and (b) participants who do struggle with completing the task.

Design/methodology/approach

An experiment was conducted using a simulated business, which was manipulated into two initial commencement formats: positive initial format (PIF) and negative initial format (NIF). Individual performance on the task was measured via achievement of performance targets whilst individual learning was measured via causal cognitive maps.

Findings

Participants using PIF did not struggle with completing the task and achieved higher performance outcomes compared to participants using NIF, who struggled with completing the task. In addition, the positive association between learning and performance was significantly reduced for participants using NIF who struggled with completing the task

Research limitations/implications

This study’s findings are tentative as the sample size is small and several moderator/mediator variables, which may influence the findings (i.e. student learning style/instructor style/cognitive factors), are outside the scope of the study and thus not included.

Practical implications

Causal cognitive mapping results and students’ self-assessment of learning during simulated business debriefing, may further help instructors/students identify the differences in individual learning outcomes between those who have and have not struggled with increasing simulated business performance.

Originality/value

By using an experiment and causal cognitive mapping to measure individual learning, this study contributes further empirical evidence to the literature.

Keywords

Acknowledgements

Funding: This study was funded by a small institutional grant.

Citation

Stamatelatos, A. and Brooks, R. (2020), "Simulated business effectiveness: learning and performance outcomes", Education + Training, Vol. 62 No. 9, pp. 1015-1036. https://doi.org/10.1108/ET-04-2019-0084

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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