Entertainment / Video Games / Simulation: This is a type of game that models a real life situation or technology and requires the player to manage it as though it was real. Popularized by flight simulations, that require skills similar to that of a real pilot, the concept has been applied to numerous further concepts, including everything from city planning, to the lives of individuals.
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Business / Finance / Monte Carlo Simulation: An analytical technique for solving a problem by performing a large number of trail runs, called simulations, and deducing a solution from the collective results of the trial runs. Method for calculat MORE
Business / Human Resources (HR) / Assessment Center: A testing location where a candidate being considered for assignment or promotion to managerial or executive-level position is rated by a team of experienced evaluators over a series of days using sta MORE
Business / Human Resources (HR) / Icebreaker: A beginning exercise, game or simulation used as a means to reduce tension and create a more relaxed atmosphere during training programs. MORE