This video shows an overview of my Year 12 decision in The Business Strategy Game in the Fall of 2019. Avg. We also apply the S/Q of High End, keep it 1 star over Industry Average. We upgraded AP factory in B and D. We should have upgraded C – because we followed the High S/Q strategy in later years. Customer Centered: Our customers are at the center of our strategy and decisions. This is to take advantage of the absence of tariffs for shipping between these regions. We also expand factory to get market shares in Private Label market, we know that these Private Market is risky, and fluctuate high over the years. One thing is my credit rating is only B- while the expectation from investors is B+. After bad results of Year 11, 12 and 13, we notice we need strong advertising to sell enough capacity, so we always spend 200% of Industry Average for Advertising, about 16.000 to 24.000 in Year 18. View Year 14 BSG Decisions from BUS 6611 at Troy University. We get the company up from Years 13 by several strategies at the same time, which proved very successful, we jumped up from 4th to 1st in Year 14, although, over all game we still number 4. I am the longest known active Business Strategy Game player with a career stretching back to 2006 and through multiple versions of BSG. Georgia State University. We invested in the Use of Recycled Boxing/Packaging, Training Ethics and Workforce Diversity Program for all the years. 7/2/2020 BSG Decisions & Reports 1/1 I Company (Industry 27) P ERFORMANCE H IGHLIGHTS Year 18 Financial Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 EPS (earnings per share) ROE (return on equity) Stock Price Credit Rating Image Rating Net Revenues ($000s) Internet Wholesale Private-Label Total … But we still keep 10% -20% for this markets, we can get market shares, some Net Profit, increasing Image Rating and also keep control of other companies bidding too high in this markets. ... but when growth begins to taper off consistent dividend payments as well as steadily increasing dividends by $0.05 year over year will help stabilize the company’s stock price. View Adopters. In the Business Strategy Game, BSG, all decisions to create differentiation of your strategy are equally important. Current industry average is at $10,000 yet dropping ours to $500 increased profits. The second thing we could do better is build a new factory in L.A, if we do so, when the exchange rate so high, we could save more cost in shipping from A.P to L.A. Increasing model number to 350 then to 500, Increasing the S/Q higher than Ind. Firstly, thank you very much respectful Professor, with all your valuable knowledge and cares, we have completed very useful course in Business Strategy Game, based on simulation which is interesting, competitive with lots of lessons and knowledge we gain for business, financial analytics, marketing, production, HR and also business ethics. My Image rating, ROE, EPS is well over the expectation. We have learnt a lots of lessons from the BSG game, also from the guides of teachers and strategies from other groups. Looking back at 8 years, we still have more things that we could do better for long term strategy. 54 vs. 48 in NA; 56 vs. 50 in EA; 52 vs. 46 in AP and 55 vs. 52 in LA. In year 11, I took out $150k loan and Year 12 $200k to have a positive ending cash. 5.1. We set the plan of increasing all the factors such as EPS, ROR and Stock Price and also Credit Rating and Image Rating higher than Investor Expectation for all the Years. In year 16, we purchased 800,000 shares for $20,688,000. The first thing is upgrading the factory in Option C, so that in later years, such as 16, 17 and 18 we could have more S/Q or Style and Quality advantage, because we follow High End markets. We now preparing this report to present in front of Board of Directors, to show what we have done, why we do so, to explain what we think are good decisions and also what we will change in the future to make better decision, and improving G-Company’s performance. We will now look at all the decisions you have to make to actually play the game and be successful with your strategy. Recommendation: Have 2 practice decisions and 6 to 10 regular/scored decision rounds (preferably 8 to 10). BUS 4980. homework Keep price just higher then Ind. Compared to Year 11 performance, Enygma’s EPS increased from $3.84 in Year 11 to $18.27 in Year 18. Current Adopters of BSG. Learn tips & tricks, from a BSG Grand Master! You will also receive a copy of Currency Made Simple. The rule of the game is to compete with the other students’ teams to stay ahead to gain a competitive advantage over other teams. Lake Forest Graduate School of ManagementLFGSM BSGBusiness Strategy Game CAP 5240 Team Work is The Most Essential Factor of The Business Strategy Game . Optimizing your values is the essence of the game, even though it might be very time-consuming. The company you will be running began operations 10 The company you will be running began operations 10 years ago, and the first set of decision entries you and your co-managers will make is for Year 11. The Business Strategy Game (BSG) is online games in which students form teams that are assigned tasks and compete in running the business of an athlete footwear company. Schedule either (a) one decision round weekly throughout the term (which will spread the work load of running a BSG company evenly across the whole term — an estimated 65% of adopters use this schedule) or (b) 2 decisions weekly (like Monday … We also did not have a clear advertising strategy, so we just give 7.000; 6.000; 8.000 with the hope of selling products. We offered higher number of models, 500 vs. 320 of Industry Average, and 7 S/Q vs. 6 of Ind. Year 16 7,594 2,856 0 1.41 0.66 0.00 14 8 0 Year 17 8,035 2,934 0 1.60 0.63 0.00 15 8 0 Year 18 8,218 2,967 0 1.61 0.63 0.00 16 9 0 Year 19 8,192 2,960 0 1.59 0.63 0.00 16 10 0 Year 20 8,059 2,928 0 1.57 0.62 0.00 17 10 0 Corporate Responsibility Award for Exemplary Corporate Citizenship Beginning in Year 14, the World Council for We noticed that we need to focus to get a good and strong strategy for Year 14 to get back the company performance and efficiency. Decision Entries for the BSG. Quality: We continuously strive to improve our products to provide quality shoes great image and comfort. So, in Year 14 we should get 50-60 million of Net Profit to meet Investor Expectation. Strategies, decision screens, reports and tests. This video shows an overview of my Year 12 decision in The Business Strategy Game in the Fall of 2019. Firstly, thank you very much respectful Professor, with all your valuable knowledge and cares, we have completed very useful course in Business Strategy Game, based on simulation which is interesting, competitive with lots of lessons and knowledge we gain for business, financial analytics, marketing, production, HR and also business ethics. BSG Decisions & Reports-Year 12 F-Unicorns.pdf. Avg. We would like to show you a description here but the site won’t allow us. From the Year 15 to 18, for all 5 past years, we maintain EPS always higher than Expectation, in year 18, the G-Company EPS is $ 12.8 compared with 4.03 Investor Expectation (IE). Schools (campuses), institutions, and companies using BSG during the last 12 months. The accumulated knowledge I have over the Business Strategy Game is on an unrivaled scale. EROS Indian Institute of Technology Kanpur 2. But we have done well enough to get up from Year 13 and keep top to the end of the game. We get up to Top in both Score boards in Year 15, and 16 and 2nd in 17 and back to top in 18. We have for the first time experienced making lots of big decision in business strategy, any of the decision affect company operation immediately, not only for the nature of decisions but also for the competitive decisions from competing groups. 1,346 views 0 comments. In year 15, we purchased 600,000 shares for $18,924,000. We have also contracted with several celebrity, always higher than average, with quite a large investment. In The Business Strategy Game, 1 to 5 class members are assigned to operate an athletic footwear company that produces and markets both branded and private-label footwear and competes head-to-head against footwear companies run by other members of the class.As many as 12 companies can compete in a single industry grouping (class sizes above 50 are typically … In year 17, we purchased 660,000 shares for $29,020,000. For only $35, get instant access to the Business Strategy Game Guide. Avg. My team is currently in Year 14 of BSG and we have adopted a high S/Q low model strategy. The G-company employed a global differentiation strategy that sets the company's footwear apart from rival brands based on such attributes as a higher S/Q rating, more models/styles, more advertising, greater celebrity appeal, higher mail-in rebates, or a bigger network of retail outlets carrying the company's brand. Therefore, after 3 first years, we get very normal Net Profit of only 26 million, nearly no change from Year 10. Higher sales bring higher Net Profit which meet the demand from Investors and also increase market shares, strengthening Image of the company. We followed the strategies of high Style/Quality, largest models collection and competitive prices with production networks worldwide. We believe that workers are key to quality of the company, and invest strongly in our people. Incentive Pay $ 0.5 per non rejected pair, Best practice training Highest level of $ 5.000. We also notice that production of good quality, above average S/Q bring good values for customers, good margins for retailers and more jobs, with factory capacity expansion regularly. High-performing companies worldwide face off in a 2-week competition hosted 3 times a year by the BSG author team. So, we changed the strategy to get higher margin, sell full capacity. Log In. Business Strategy Game Clarissa Garcia Tanner Thurman Kelli Traffas How our strategy changed Changes learned over time: Keep debts paid off (Good credit rating looks good to investors) Always utilize close to all Retail Dealers (This will increase scoring measures for the I assume this is an optimal move. Employees: Our employees are one group of people who drive our company. Decisions of the Tribunal shall be taken by a majority of the Members of the Tribunal. Apply very heavy advertising, often 200% of Ind. If we have 2 more years, we hope that we can continued with different strategies. At least we should get 15% of increase every year to meet the market growth and Investor Expectation. 48, 52 and 49 per pair of shoes. bsg online Business strategy game online I looking for industry 2 decision 9 year 19 and decision 10 year 20 Expert Answer Ans: the Business Strategy Game Guide before asking for customized Business Strategy Game tutoring.The Business Strategy Game is an online activity where class individuals are separated into groups an view the full answer We applied the Price from 48, 49 and 51, 54 over the years. We notice a big lesson from Quality management, even we lead the game for a few years, and stay top 2 in Year 18. So Anyone That's Experienced With BSG- Online And Wants To Give Advice Just From The Screenshots … at least 1 stars. We applied a combination of many tactics and strategies to get the company up from 4th to 1st position, which included: Beat the Business Strategy Game. We intend to exceed the expectation of our customers and we can achieve this when our strategy is focused on our customers and we strive to provide our customers with quality product at affordable prices. Proudly created with Wix.com. 5. Moreover, we focused on repurchasing stock. +'>õ§=ÑÀhÓïMý~ë>1pvy:¿bÕâßÏN}ù6éPèÒÕL÷zlúµÏ|o»lÖdp¸ýÃ+©=Q Ç-'/غ6Û{ÚÖ¥yÅ2'OÅLW=Wód©^ß'b¦ì. to get higher margin, but keep high Sales volume, so that we have high market shares, which increase Image. This year I chose to decrease our marketing expense considerably and it projected an increase in profits. Which caused our G-Company down to 4th position, with only 70/100 Investor Expectation. The last but not least factor we keep increasing is Stock Price. Flexibility: Over the years we have tried to develop our products to meet the requirement of our customers. That we cannot be seen until the results of each year. The margins in Internet market is high, we notice this can bring higher than 10 million in Net Profit, each pair of shoes get higher than 15 USD margin, so that we keep lower price than Industry Average to sell more and get over 25% market share of each market. Bsg business strategy game - EROS 1. We just get 15% higher than Industry Average and also adjust the Price to get 5-6 USD of margin per pair of shoes. BSG-Online Help Pages Branded Sales Forecast Help BSG-Booster www.bsg-booster.com Page 2 MAKING A BRANDED SALES FORECAST EXPLANATIONS — INFORMATION ON RULES/PROCEDURES — SUGGESTIONS AND TIPS This screen is exceptionally important and, properly used, is a very powerful tool for making shrewd decisions. The article is not well organized and can be difficult to … At the same time, we applied reasonable prices with less than 15% compared with Ind. Avg. ROE also increased from 22.5% in Year 11 to 24.6% in Year 18. We keep high Retailer Support all the years, keep high Margin per pair of shoes in all markets, from 13, 19, 13, and 16 in NA, EA, AP and LA respectively. The Environment: Our Company places significant emphasis on the environment. View Invitational. internet-marketing B Company- Year 11 Heip Print save Decision Decisions /Reports Menu Internet Marketing of Branded Footwear North America Europe -Africa Asia-Pacific Latin America rket DECISION ENTRIES-YEAR 11 Market Market Market Corporate Citizenship Sales Forecast Plant Capacity/Upgrades Branded Production Branded Distribution Internet Marketing … In anticipation of market growth, also following the strategy of high end market, we upgraded the factory and borrow money to expand factory in A.P. We selected this global differentiation strategy because we see the good potential in market shares, large market segments for high quality shoes, and with long term strategy of large scale production we can have good production costs which bring good margins. because we are in 4. We always look carefully at FOOTWARE INDUSTRY REPORT, Page 5: Financial Summary to see details of Financial Status after every Year, Net Profit of year 13 is only 26.075.000 is not so good, we stayed the same from year 11 when in charge of the company. Therefore, we are committed to retaining, develop and improve their performances to ensure sustained growth. There is some great information here in the article “How to Win the BSG Business Strategy Game”, and in many ways is a good guide to get started, however there are some issues that I wish to address: 1. View Year 16 BSG Decisions from BUS 6611 at Troy University. We set the vision to become a leading company in foot ware industry, providing largest collections of foot ware products, with high quality and reasonable prices. Question: BSG Online Business Strategy Game Year 15 Advice L Need To Get Any Advice On What To Change In Order To Gain More Of A Competitive Advantage. OUR STRATEGY Company Logo 3. (In fact, we upgraded NA factory in A and D, factory in AP in B and D, we did that too early in Year 11 and 12, when we know the strategy better, we cannot change back). Each decision period in BSG represents a year. So, from year 15 until year 21, we will be unable to repurchase stock moving forward, because there is no more stock to repurchase. We also advertised strongly. 5.2. BSG Report, Part 1 Overview. YEAR 17 AND 18 PRODUCTION DECISIONS Branded Production Low Quality/ High Models AP plant 3 star, same number of models LA plant 4 star, more models, +.05 incentive pay Modest capacity increase in LA plant Private Label Production Operations in LA plants Minimum star SQ rating Lower styling/ features costs Out bid competition I'm Currently In 3rd Place And Can't Seem To Get Past 3rd Place As I've Been There Since The Beginning. However, we focus on the Investor Expectation, the highest ROE or Return on Investment, also the Net Profit and other factors such as Credit Rating, Image Rating and EPS or Earning Per Share. Summary Strategic Management - Chapter 1-9 Athletics Theory Session CDM - Revision - 2017-17 Financial Ratios-formula BUSI 1552-Tutorial 2 Multiple Choice Questions report on simulation business game Globalisation Technical Report Final Sample/practice exam 7 May 2016, questions Exercises for L8 PE & Sport: Policy, Pedagogy & Practice Paper Kruger - Trade … If we have more years, we could possibly have done better ! ... Sean M Haas 2019. We have pursued this strategy by applying from 5 to 7 stars, and 500 models at USD 63.00 for Internet market and USD 54, 56, 52 and 55 in NA, EA, AP and LA respectively. My Career Stretches Back to 2006. ICSID Arbitration Rule 16(2) applies to decisions taken by correspondence, Decisions and Procedural Rulings of the Tribunal Convention Article 48(1); Arbitration Rules 16, 19 and 20 . O The above statement is false O It all comes out in the Co-manager's Worry Lists 9 The above statement is true o The BSG does … The information is these guides is laid out, and displayed, in such a way... that crucial decisions should be a breeze. Two of the most important things to do here are analyzing your competition and optimizing your values. We did notice the WRONG decision from early years that we cannot fix. We recognize that they help selling more products, we can get higher market shares and we can increase Image Rating. Lake Forest Graduate School of ManagementLFGSM BSGBusiness Strategy Game CAP 5240 As such, we ensure that our activities do not inflict any harm on the environment. Avg. Sean Michael Haas. We see that we can keep it moving up to 9 or 10 stars toward the end of the year 20. We keep other factor increasing so that Stock Price will be increased every years. I am currently on Year 12 of BSG and I have almost finished making decisions. eg. During this first three years, from Year 11-12-13 we did not focus on a good strategy, we just keep 200 models, price up and down a little bit, e.g. This video will go over my opinions on the first decision round for the Business Simulation Game BSG. We followed the strategy over years, especially from Year 14-18, we provide the market with the best price for value, we maintain highest quality and style, keeping the price just 15% higher than market average.
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