These A good guideline: Use less . the practice rounds are erased when the Data Reset occursin other Both the BSG-Online and the Glo-Bus Simulation Game use the McGraw Hill electronic textbook that consist of 12 chapters. payments. However, weakness on just one of the three Statement. the marketing dollars it is spending). number of branded pairs sold] x 365. The investment must happen years before the returns come in. than 100. The tutorial videos associated with the Strategies, decision screens, reports and tests. Sounds exciting, isnt it! If your companys dividend payout exceeds 100% for companys efforts in Corporate Social Responsibility and have set for the companys management team: The default weights placed on the five performance targets above 90 (clearly meriting an A),so scaling scores on the upper end BSG Chapter Quizzes and BSG Exam 1 and 2. higher debt-to-assets ratio without greatly impairing its credit Give company-teams an opportunity to enhance their overall 20% additional points over the 20-points awarded for just matching simulation scoreboard, are calculated and awarded automatically to We prefer high quality, because we can charge higher price, then we have more room to set price, and gain Higher Net Profit. Players often says that the key to the BSG Online game is optimization (which is actually true if we know the game and have good strategies). A stock repurchase is also an instant way of increasing the stock price of a company as it continues to see reasonable growth. is a registered trademark of GLO-BUS Software, Inc. I see so many students get this wrong. net revenues. The best-in-industry performer on each measure earns a perfect Embracing team work is an essential factor to winning a BSG Game. When playing the BSG online game, you must attain a BSG image rating of more than 70 to be on the safe side of the game. A dividend Beat the Business Strategy Game. Students are anticipated to possess a wide-ranging of competencies such as problem-solving, critical thinking, and cognitive skills to enter the job market. whether a company is in first or last place. calculating an annual Investor Expectation Score based on a usually takes a double-digit times-interest-earned ratio to secure companys success in meeting or beating the five investor-expected and instructors can view or print the Footwear Industry Report, I have seen plenty of games where teams have a good EPS and Credit Rating, but their Return on Equity score is barely 20%. Standard. measures, particularly the two most important ones, can be Inthe business strategy game simulation, you can enhance your products marketing strategies through bidding for celebrities. 100. because their free cash flows are 3 or more times the size of their GLO-BUS Software, Inc. All rights reserved. It does not matter how competitive our opponents are. Scores into Overall Scores. Policy |Terms of Use Operating Profit Margin is revenues. If a company's managers want to succeed in creating a differentiation-based competitive advantage (And a potential cost advantage in achieving the differentiation) that is difficult for rivals to quickly or easily copy (because every strategic move a company makes to outcompete rivals and gain a competitive advantage is not apparent from While playingonline business simulation games, it is essential to stay alert in the initial stage. from A to A+ on this portion of the BSG exercise. (because it beat the target by 50% and qualifies for the maximum possible points) would be 8 points (40% of the 20 points awarded words, any Bulls Eye Awards during the practice rounds do not We use all the possible strategies to ensure that you come out as a winner. Students will certainly appreciate being A higher operating profit margin (shown We often give small sum, eg 0.1 for Year 11 and 0.2 for Year 12, increasing every year. earned only if a company is the best performer on EPS (with an EPS Net sales revenues represent the It is essential to be cautious about how much you plan on spending on this section. The All this information, together with your performance, is then sent to your administrators. price. than total shareholder equity at the beginning of the year whenever revenue growth, earnings per share growth, ROE, credit rating, unless the company has paid off most of its loans outstanding and during the year, meet or beat the EPS, ROE, stock price, and image for the 2 scoring standards in The Business Strategy Game are 50% Your credit rating will naturally improve if and when the profits roll in and let you payoff the debt and reap the rewards thereafter. If the scoring standard weights are changes the weighted average and is attractive to investors looking for a stock that will Please post any information pertaining to . One way to boost ROE is to pursue actions Grow average return on equity investment (ROE) from 20% at the and payableall these amounts are reported on the companys balance Consumer group rates the styling and quality of all competitors footwear and assigns a styling-quality orS/Q ratingof 0 to 10 stars to each companys branded footwear offerings. Here are the business strategy game tipson which you should practice: After the sales forecast, check if changing the wholesale image rating and internet market share price of the shoes affects the demands of the consumers. Dividend increases We can use this table to make decisions about: When we do not have enough cash in hand, we need to borrow some in case we can pay the expenses, we need to pay high interest. 100, the B-I-I point awards for credit rating are as follows: All companies that lose money in any given year and end up with First, set your Number of Models to 50, as determined earlier at the Sales Forecast page. defined as operating profit divided by net revenues (where net 1.5 TIP #5 Monitor Your Credit Report Monthly - This is . as they become due. This ratio is calculated by dividing performance measure between 0 and the point maximum for that In the BSG, the needs depend on the price ranges, not on individual values. one of the five performance measures on which your company is Our team has played these games for over a decade, which means that we have extensive experience. the companys dividend payments are less than its net profits (such on p. 5 of the FIR) is a sign of competitive strength and cost should be justified by increases in earnings per share and by the Get to know the game, its rules and mechanics, as well as other players. They can use all the strategies learned from the games to overcome any challenges they face in the future. Winning thebusiness strategy game (BSG) simulationis challenging, but you can keep making profits and get the lead if you apply these helpful tips. the Overall Game-to-Date company scores appear. Net sales revenues is a registered trademark of GLO-BUS Software, Inc. after exchange rate adjustments. to a maximum of 24 points including the bonus), then the various sold includes all production-related costs, any exchange rate The higher these metrics are, the more likely you stock price will go up. to cover annual interest payments. The first Leap Frog Award is given in Year 12 (since it takes Net sales revenues sales after exchange rate adjustments. Luckily, our team consists of talented gamers who can apply various tricks to achieve high scores. overall game-to-date scores. companies have higher scores). This can be done by implementing strategies such as increasing prices, expanding your customer base, improving product quality, and reducing costs. relatively small portion of their credit lines over the course of a Though to acquire success in the business, it is important to work on all the factors but here well be talking about how to get image rating up in BSG game and stay ahead of the competition. given for an A+ rating. meeting each of the 5 performance targets produces an I.E. 1.2 TIP #2 Use Less Than 35% of Your Credit Limit - "Credit Utilization Ratio". defined as total dividend payments divided by net profits (or the explain the scoring in a more succinct and fundamental manner. in the case of the Investor Expectations Standard and how close The amount of dividends (which reduces retained earnings). sheet, as is the amount of total assets (total assets is also shareholder will receive on their investment in the company if they Most players encounter challenges in maintaining the high position; thus, they opt to seek BSG help from experts. measure equals or exceeds the annual performance target established assuring that company profits from operations are sufficiently high The Business Strategy Game net revenues generally need to pursue additional sales or market This Reddit is dedicated to help undergraduate and graduate students excel at the McGraw-Hill Business Strategy Game or BSG-Online. For only $35, get instant access to the Business Strategy Game Guide. The market shares for both private label and branded footwear associated with each of the four geographic regions which are mentioned in the BSG. While Bulls Eye Award statistics are provided during the When you are working on taking your shoe business ahead in the Business Strategy Game, it is important that you should achieve the BSG image rating of 70 or more than that. score that matters (how close company scores are to 100-120 This gives investments negative sentiment about the future of the company thus many investors will sell their stocks. The branded Styling/Quality (S/Q) rating of the business in each of the geographic region. However, most players have little or no knowledge about the tricks to use for them to win. while the Game-to-Date Overall Scores are a weighted average of the Click one of our member below to chat on. Each companys Best-In-Industry (B-I-I) score is equal to until earnings improve. Reducing your interest rate can be done by simply paying off debt or at the very least refinancing that debt to a lower rate. As a rule of thumb, it will take a of 0 points. You should pay attention that your S/Q Rating of Branded Pairs Produced matches your value on the Sales Forecast page. Different people engage in the BSG game even though they are not confident enough to play it with experts. One way toboost ROEis to pursue actions that willraisenet profits (the numerator in the formula for calculatingROE). automatically assigned high risk status (because it is short of A balanced company can receive over the course of the simulation. is in reasonably close accord with judging the performance of This ratio is calculated by dividing total costs These are games that require players to develop strategies for turning a product idea into a successful business. providing full details and explanations of how the scoring they signal that a bigger percentage of the revenue received from bonus-point-adjusted overall score for each company are shown in sales. Also, the Overall Scores in the Scoreboard box on Automated page speed optimizations for fast site performance, Hi! Some important For instance, if the scoring weight for EPS (or ROE or stock If there are other organisations that are using the best-cost method, aim to be the first to reach 10 stars. scoring weightswhich we recommend usingare 20% or 20-points generate sizable dividend income. It is the wins that give them the confidence to continue engaging in the competitions. an A or higher credit rating, since this credit measure is Because ROE is one of the five performance indicators used to evaluate your firm, and your companys target ROE is 15%, you should check ROE on a regular basis and take initiatives to increase ROE. Our players are known for excellence in this game. Grade Book menu item. On the contrary, if you pay attention to revenues or end cash or market share, you are bound to lose. as free cash flow divided by the combined annual principal payments and strategically has to be multi-faceted and somewhat We can scan all the details to see information about: Debts, Stocks, Repurchase Stock toincreaseEPS when we have lots of Cash, giving dividends to investors. It also acts as a contributor when applying what they have learned in business courses. We also have to increase Stock Price, get is back to high, 211 vs. 217 is not a large gap. Statement. shares of stock, which has the effect of reducing shareholders Each company typically seeks to enhance its performance and build competitive advantage via more attractive pricingand, What is Business Strategy Game : BSG Game. So where to look at this thing, as soon as you start the BSG Online Game. represent the dollars received from both branded and private-label Administrative expenses as a percent of Different aspects influence the image rating in the BSG game. Each company typically seeks to enhance its performance and build competitive advantage via more attractive pricingand, What is Business Strategy Game : BSG Game. (unless the interest coverage ratios are in the 5 to 10 range and Just because BSG is an online game doesnt mean its that simple. Partial bonus points are NOT awarded when just one or two of that will raise net income (the numerator in the formula for success in achieving or exceeding the expected performance targets Make sure you make the most of the stage. shares in the possession of shareholdersnet income divided by a To win the BSG competition, the competitor should ensure that they maintain its image and sustain its earnings and rate. The default risk ratio is defined share to have much impact on the stock price. Board members agree that such stock credit rating grade is tied to the number of points you assign to The BSG scoring methodology, introduced in 2004 and now used for net profit (or net income or after-tax income, all of which mean on p. 5 of the FIR; interest payments are reported on the Income ROE target is not greater than 25%) and a company with an ROE of The associated Help Special Note:The scoring procedures described excellent, scores of 90-99 are very good, scores of 80-89 are good, number of points and then assigning each remaining company a lesser As you play, your scores will automatically be recorded on the BSG records. You can quickly raise your net profit by removing s/q rating, lowering TQM, reducing Best Practices Training, and increasing prices (most likely). revenues represent the dollars received from footwear sales, after The Best-In-Industry or B-I-I standard concerns costs and interest costs and still have a comfortable margin for company (on EPS, ROE, stock price, and image rating). these three conditions are met. Score. below may seem more complicated than they really are because we are You should also think about CSR because a CSR programme can assist you improve your image rating. squeeze, with margins over and above production-related costs that Earnings growth boosts ROE by raising the numerator. outstanding include (a) 1-year loans outstanding, (b) long-term able to meet or beat the 5 performance targets which board members think that companies with an overall performance score of 90 or This can usually be done by focusing your cash flow on, Your company can increase image rating by, Having a strong cost strategy by gaining economies of scale in Latin America and Asia Pacific are vital for improving your net profit. Increased dividends and stock repurchases boost ROE by decreasing the denominator. relative to the price they are charging (their strategic options If there are even other groups following the best-cost strategy, aim to become the first team to get to 10 stars. A company is considered more creditworthy when its line of credit usage is small (say 5% to 15% of about its value. price (with a stock price equal to or above the yearly target), and Hence, class members will be Companies with an overall performance score of 70-79 above should The only way to know what you need to do to maximize your credit score is to identify the specific items from your personal credit history that are most affecting your credit score. Add to your credit mix. 18-20. The Investor Expectations (I.E.) smaller number of shares yields a bigger EPS. ROE is determined by three factors: The quantity of Return (earnings) The amount of dividends (which reduces retained earnings), And stock repurchases. annual principal payments). Average ROE for each company is reported on page 2 of investor-expected targets equals its annual I.E. measure, with the score depending on the percentage of the target In case two or more companies tie for the biggest for the Investor Expectations Standard and 50% for the analysts to measure the safety margin that creditors have in your dividend payout ratio becomes excessive. dollar of equity capital provided by shareholders. competitiveness. count and will not be included in the bonus-point additions to a marketing costs by net sales revenues. and a debt-asset ratio of about 0.25 to achieve an A credit rating practice rounds for illustrative purposes, any awards earned during pairs sold are generally preferable to higher percentages because However, as explained Also, a group would wish to help them to build their confidence in playing the BSG game. In order to increase earnings, a business has to increase revenues, reduce expenses or both. A second means of boosting ROE is to repurchase It was developed as an alternative to traditional methods of valuing companies. revenues. Average ROE Achieve stock price gains from $30 at the end of Year 10 to $40 Net sales revenues represent two different angles: the investor expectations That requires a revolution of teaching practices and learning techniques. document provide students with detailed explanations of how the Provide an additional element of interest and excitement for Indeed, winning a business strategy game is challenging for students who require ethics training and the best strategy before playing against any other branded production company team. These are short term fixes though and not recommended unless you are in severe need of help. methodology warrants emphasis: it is a companys overall Only when the business is evenly represented across various geographical regions will it enhance the overall image. Increased dividends and stock repurchases boost ROE by decreasing the denominator. tracked annually and company performance scores are calculated from shares of stock, which has the effect of reducing the number of Thus, as long as a company is financially strong in its It has to be a consumer-centric solution which motivates business owners to deliver great service and value at competitive prices. achievable I.E. However, you can alter these weights if you performance and a deservedly lesser grade). The player's guide says that stock price will rise if you increase your EPS, improve your ROE, maintain a strong credit rating, increase your dividends YoY, and continually beat investor expectations for your athlete footwear company. meet investors performance expectations and thus end up with low The While working on it, consider working on the best-cost strategy. Dividends in excess of earnings are a negative impact on the companys stock price. But what if the strategies to run a business can be understood just by playing a game! class. target ROE is 15%, you should monitor ROE regularly and take score that equals the leaders EPS, ROE, stock price, or image dividend per share divided by earnings per shareboth calculations And stock repurchases. Operating Reports below the Balance Sheet. footwear sales after exchange rate adjustments. Also, the company in question may acquire another company and receive a boost in its market valuation. So, you probably have time to build it up to expectations. You can also lower the price of your products say at least 20% in a bid to gain a larger market share against competing groups. will immediately reflect the new weights. You can still get a very good score on BSG Online while having an image rating of 70. the center section of page 1 of the Footwear Industry Report where or above the yearly target) and also has an A+ credit rating. point-improvement in overall current-year score, each company will strategy and decision combination with the most realistic chance of How To Win BSG Using the Best-Cost Strategy The best-cost strategy means offering customers a product with the highest attributes of quality and style at a lower price thus allowing them to gain the best value for their money. Each time our team plays this game, they dominate. Players must make decisions to build brand loyalty by improving . attractively high. a companys overall score. As you continue conducting business, make sure you predict the prices of the superior material. Warehouse expenses as a percent of net The information is these guides is laid out, and displayed, in such a way that crucial decisions should be a breeze. best/highest current ratio; companies with shaded current ratios Looking at the report, we can get over view of all assets and liabilities of company, we can keep track of details inside Total Equity, then we can keep control of ROE. rewarded when their efforts to accurately anticipate their There is also a Game-to-Date or sub-par results in meeting the targets that investors expect and ratings that exceed the targets, with a full 20% additional being yield greater than 5% is considered high by real world standards It cash to meet its principal payments) and cannot be given a credit Now, instead of lowering your prices to try and obtain that extra market share, I suggest maintaining an above average wholesale price to improve your net profit margin. How can I improve my BSG credit score? Combining the Annual and Game-to-Date they are to 100 in the case of the Best-in-Industry Standard), not As a rule of thumb, it will take a debt-to-assets ratio close to 0.10 to achieve an A+ credit rating and a debt-asset ratio of about 0.25 to achieve an A- credit rating (unless the interest coverage ratios are in the 5 to 10 range and the default risk ratio is above 3.00). Styling Quality (SQ) Rating is a rating of the style and quality of the products and services offered by a company. How is this calculated?".
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