ELI5: Explain Like I'm 5

Business simulation game

Alright, kiddo, have you ever played a game where you run your own restaurant, store, or lemonade stand? A business simulation game is a game where you get to pretend you're in charge of a company, just like how you pretend to run your own shop or restaurant, but it's all on a computer or a board game.

In a business simulation game, you can make decisions like choosing what products to sell, how much they should cost, and how to advertise them. You also get to manage your employees, create a budget, and make sure you're making enough money to keep your company running.

The goal of the game is to make a profit by selling the products and services that you offer. You can earn points or virtual money for every sale you make, and you use those points or virtual money to improve your company and expand it.

Sometimes the game is set up like a competition with other players, and you have to try to do better than them by making smart decisions and beating them in sales or profit. Other times, the game is designed to teach you about business and management, so you can learn how to run a real company one day.

Overall, playing a business simulation game is a fun way to learn about how businesses work and how to make good decisions as a manager. It's like playing a game, but you're also learning valuable skills at the same time!