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Games for Teaching Business

Learning about business is not easy, and teaching it is probably tougher if you adopt the typical textbook approach. A simpler and more effective way to teach business is to engage students in games or activities that will make them less intimidated by the subject matter and open their minds to learning. It also makes learning a fun process and something that students look forward to.

Industry Player
- IndustryPlayer.com offers a free trial of its online business simulation game where players come up with a strategy for their new venture, finance the money and invest it, interact with the competitors, their labor force, consumers, banks and the environment. The goal of the game is to maximize your market share and, subsequently, your earnings. Players can choose from various sectors of the industry and run up to five companies. This game helps players learn how to manage raw materials, employees, finances and deal with takeovers, competition, insurance and labor strikes.
Industry Masters
- This game, available as a free online trial for students, creates a simulated business world in which the player assumes the role of chief of a large multi-national corporation. He is given a team of advisors whose input he must consider and make decisions on managing his empire. The CEO has to manage his company as well as keep an eye on the stock market. Every decision taken by the player has an impact on the business -- if he makes a wise decision, the company makes huge profits while a bad one can lead to losses.
Restaurant Empire
- Available as an online download for $19.99, Restaurant Empire gives the player a taste of the food business, from building one restaurant into a chain while battling the franchise's biggest competitor, Omnicorp, a powerful multi-national corporation. This game gives players an idea about the inner workings of every aspect of the restaurant business-- whether it's designing and managing the décor, planning the menu, ordering ingredients or even making sure that the competition does not under-cut you. The game begins in France; but as the franchise expands, you can set up your own restaurants across the world.
Real Estate Empire
- As the name suggests, players learn to trade real estate and hone their skills in the business of property management in this game available for $14.95 as a download. The player has the option to choose from different types of properties, remodels, improvement projects or rebuilds before selling them for a tidy profit. The player makes the decision as to whether any repairs on the houses are worth the money being spent on them, ultimately affecting the bottom line.

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