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(WGU D361) BUS 2111 - Business Simulation - Objective Assessment Guide $13.49   Add to cart

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(WGU D361) BUS 2111 - Business Simulation - Objective Assessment Guide

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(WGU D361) BUS 2111 - Business Simulation - Objective Assessment Guide (WGU D361) BUS 2111 - Business Simulation - Objective Assessment Guide (WGU D361) BUS 2111 - Business Simulation - Objective Assessment Guide

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  • September 2, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
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D361 BUS 2111



Business Simulation




OBJECTIVE ASSESSMENT GUIDE




© WGU 2024/2025

,1. Question: Which of the following is a primary purpose of using
business simulations in education?
a) To replace traditional exams entirely
b) To provide experiential learning opportunities
c) To reduce the complexity of real-world business problems
d) To focus solely on financial performance


Answer: b) To provide experiential learning opportunities
Rationale: Business simulations give students hands-on
experience with decision-making in a controlled environment,
enhancing their learning.


2. Question: In the context of business simulation, what does the
term "iterative learning" refer to?
a) Completing the simulation in a single session
b) Repeating simulation cycles to learn from past decisions
c) Simplifying business models to ease understanding
d) Using simulations as a theoretical exercise




© WGU 2024/2025

, Answer: b) Repeating simulation cycles to learn from past
decisions
Rationale: Iterative learning involves revisiting and refining
decisions, allowing students to learn from their mistakes and
improve.


3. Question: Which of the following metrics would best measure
the operational efficiency in a business simulation?
a) Return on Investment (ROI)
b) Customer Satisfaction Score
c) Production Cycle Time
d) Market Share


Answer: c) Production Cycle Time
Rationale: Production Cycle Time is a direct indicator of
operational efficiency, measuring the time taken to complete a
production cycle.


4. Question: How does the "balancing feedback loop" function in
a business simulation model?
a) It amplifies the outcomes of the business decisions.
b) It counteracts changes in the system to maintain stability.


© WGU 2024/2025

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