The Well-Managed Virtual Hospital is a web-based and compact disc-based, 3-D interactive audiovisual business simulation of managing a real hospital. The primary purpose of the simulation is to serve as a training, education and entertainment tool. The primary target audience for the tool is the hospital board of directors, senior and middle management, medical staff leadership, and conference attendees. The business simulation uses graphic user interface (GUI) capabilities in concert with a decision-making database management system. When combined, the GUI and database management system convey to the user the appearance and experience of making decisions in a real hospital. The computer-based simulation has the capacity to accommodate up to five participants functioning as a single "virtual" management team. The simulation is structured so an organization can have up to 10 teams going through the simulation at the same time. A balanced scorecard is present throughout the simulation to give the team real-time feedback on the effectiveness and impact of the decisions they are making as a management team.