“…As Kolb's cycle (upward spiral) begins again, students compare the results of the decision-making to their predictions and expectations (CE), analyse performance, reflect on current strategy and cause/effect relationships in line with this performance (RO), consider alternative actions or revision to the chosen strategy (AC), then implement a new set of decisions for the next period of the simulation (AE) (Gopinath & Sawyer, 1999). During the simulation period, students document their outcomes via at least one annual report, including future performance predictions (Chen & Downing, 2006;Edelheim & Ueda, 2007;Kendall & Harrington, 2003;Marriott, 2004;Martin & McEvoy, 2003). This reporting of performance outcomes, with justification, supports the higher levels of the cognitive domain, (analysis, synthesis and evaluation), suggested by Bloom (1956).…”