The value premium that a company realizes from a product with a recognizable name as compared to its generic equivalent. Companies can create brand equity for their products by making them memorable, easily recognizable and superior in quality and reliability.
Definition of simulate. simulated. ; simulating. transitive verb. 1 : to give or assume the appearance or effect of often with the intent to deceive : imitate. 2 : to make a simulation of (as a physical system)
Simulation is a powerful educational tool for rehabilitation students and providers to gain cultural competence. Participants in simulation consistently rank their satisfaction extremely high for the ability to implementing learning experiences into clinical practice. Planning and practice is key to achieve outcomes.