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Does System Dynamics Facilitate Learning in Resource Management?


Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
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Rs. 3,651

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  • Product Description

Firms could be analyzed as systems composed of resources that determine their performance. The resources are utilized and accumulated over time according to the decisions continuously made by managers. Since decisions are based on managers’ mental models, deficiencies in these models along with the inability to infer dynamic behavior may affect success or failure. Thus, learning about the dynamics embedded in the firms should be promoted in order to enhance people’s understanding of how the interactions between the most basic elements generate the behavior of the resource levels over time. This might help them formulate better mental models and, therefore, make better decisions that ensure the firm’s sustainability. System Dynamics is expected to have the potential to facilitate this process of learning. A laboratory experiment is conducted in order to test whether a brief SD-based teaching session in Resource Management may lead university students to improve their grasp of the dynamics of the relationship between resource stocks and their in- and outflows. Moreover, this exploratory research attempts to describe how SD concepts, tools and techniques affect the outcomes.

Product Specifications
SKU :COC73173
AuthorMarta Lucía Zuluaga Cardona
Number of Pages112
Publishing Year2011-09-02T00:00:00.000
Edition1 st
Book TypeEducation
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-10-08 00:00:00