WGU D361 BUS 2111 Business Simulation Final Assessment Guide Q & A 2026 (Complete And Verified Study material) (33pages) LEARNEXAMS

1. Which of the following best describes the purpose of business simulation in the context of strategic management? A. To replace traditional strategic planning methods B. To provide a real-world environment for testing strategic decisions C. To generate profits for the company D. To avoid risks associated with strategic decision-making Answer: B. To provide a real-world environment for testing strategic decisions Rationale: Business simulation allows students to make strategic decisions in a simulated environment that closely reflects real-world scenarios, providing valuable learning experiences without real-life consequences. 2. Which of the following is NOT a benefit of using business simulation in training and development? A. Enhancing strategic thinking skills B. Developing financial literacy C. Limiting decision-making options D. Improving team collaboration Answer: C. Limiting decision-making o