There are various types of simulations used in business leadership training:
1. Scenario-Based Simulations: These involve specific business scenarios that require critical thinking and problem-solving. 2. Role-Playing Simulations: Participants assume different roles within an organization to understand diverse perspectives. 3. Computer-Based Simulations: These use advanced software to create a dynamic business environment. 4. Live Simulations: These are interactive and often involve real-time decision-making in a controlled setting.