Software Simulations Usage in Business Decision Making Education

Abstract

Abstract: Because of great importance in improving business decision making teaching process in educational institutions, a large number of software simulators are developed. Based on that information, it was necessary to present simulations as one of the most modern educational solutions, with possibilities of their usage. The basic features of a software system developed to support the teaching of business decision making and machine learning algorithms used in this field at the the Singidunum University Faculty of Business Valjevo, have been presented in the paper.