Managerial success through simulation in contemporary organizations

2021, Vol. 3, Issue 1

Managerial success through simulation in contemporary organizations

authors
Otubelu Emily N, Onodugo Ifeanyi Chris, Ezeamama Martins, Akubuilo Francis

abstract
Simulations are widely used tools today, not only as analytical applications to support decisions but also for instructional applications in organizational management. Simulation modeling provides a powerful methodology for advancing theory and research on complex behaviors and systems, yet it has been embraced more slowly in management than in some associated social science disciplines because simulation methods are not well understood. Therefore this paper aim to evaluate and analyze the impact of simulation in contemporary organization management and to develop an appreciation of its potential contributions to managerial successes by describing the nature of simulations, its attractions, and its special problems, as well as some uses of in management.

Download | Pages : 30-32

How to cite this article:

Otubelu Emily N, Onodugo Ifeanyi Chris, Ezeamama Martins, Akubuilo Francis. Managerial success through simulation in contemporary organizations. International Journal of Social Research and Development, Volume 3, Issue 1, 2021, Pages 30-32