Scenario-based simulations offer several benefits for _business leaders_:
1. Realistic Experience: Simulations provide a safe environment to experiment with different strategies and learn from mistakes without real-world consequences. 2. Immediate Feedback: Participants receive instant feedback on their decisions, helping them understand the impact of their actions. 3. Skill Development: These exercises enhance critical skills such as _decision-making_, _emotional intelligence_, _communication_, and _strategic thinking_. 4. Team Building: Simulations often involve team-based activities, promoting _collaboration_ and _leadership development_ within groups.