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Games to Learn About Business

Managing a successful business requires tactical planning and strategic thinking. In order to attain these skills and use them successfully, it is imperative for the business person to get formal education and then further develop his knowledge through experience. There are many simulation games that are designed to help people learn about business tactics and implement them. Such games give players a chance to test their decision-making skills and to develop their knowledge about the complexities of managing a business.

Monopoly
- Monopoly is a venerable board game, created in 1935. The game revolves around the economics concept of controlling the market mechanism. Each player takes a turn at rolling the dice and moving clockwise from "Go" around the board. The board includes properties that players can buy as well as a jail space. Players start with equal amounts of money. The player who ends with the most money in hand wins.
Tevor Chan's Capitalism II
- Tevor Chan's Capitalism II is a PC game, in which the player develops his business in the city, involving running stores, industries, firms, farms, real estate and stock investing. The game is a good source of information for someone who wants to comprehend basic business techniques, because it takes into account finances, economic booms and recessions. Players can hire staff and develop marketing plans to compete with each other. The sense of competition with other entrepreneurs and other factors from the business world make the game seem realistic.
Cashflow Board Game
- Cashflow 101 and 202 are board games designed to teach people about investing their money. The game starts with the players doing ordinary jobs and saving money. In the next step, players opt to make investments and get real estate or business ownership. Cashflow 101 revolves around increasing income. In Cashflow 202, players learn more about stock investments, shares and managing a successful business.
LavaMind Games
- LavaMind's business simulation games offer an interactive way of learning about business techniques. Many schools and colleges use LavaMind games as a tool in business classes, training programs and social studies. Gazillionaire, Zapitalism and Profitania are three business games developed by LavaMind. Gazillionaire revolves around stock markets and teaches players about buying low and selling high. In Zapitalism, the players work to become successful in a retail business by running stores and facing the competition. Profitania lets the players apply strategies to make new inventions, create an industry and become tycoons.

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