"Simulation is the process of emulating a Real action. Simulations are created with an attempt to predict the behaviour of systems, process or procedures by creating a near real model of the original. Simulations in certain scenarios make an excellent means of imparting training and are based on simple principle of “Practice Makes perfect”. "

"Simulation is a natural promotion in the learning process where learners are made to experience real time context while learning. The intersection of e-Learning and its stimulatory parts form the basis of simulated e-Learning. Simulation is the foundation of action learning. The learning is immersive and experiential. You learn by watching, thinking, feeling and doing. "

"MikesBikes-Intro (MB-I) is an Online Business Simulation that will give you the opportunity to run your own company, managing all the key functional areas of a Firm. It is used as an interactive tool to enhance the integration and learning of the basic concepts of business in a real life context: the Bicycle Manufacturing Industry. You will get hands on experience at making critical price, marketing, operations, product development, and financial decisions. "