My question is what if I decreased the pay dividends to $0.15 from $1.00? This has been very useful. To be an Industry Champion, you just have to beat your classmates but to be a Business Strategy Game Grand Champion you have to BEAT every single Industry Champion thats won the Business Strategy Game. You are almost done for the Sales Forecast decision page. You can ignore the Internet Marketing and Wholesale Marketing pages because they will just reflect your internet and wholesale decisions that you already plugged in on the previous pages. If you tweak those numbers, your demand will adjust accordingly. Any advice? Max OUTyour production with the high quality shoes at the lowest possible cost. Help, hints, tips, and strategy for The Business Strategy Game (Thompson & Stappenbeck) which will greatly improve your game performance. Dont blindly waste recourses on a celebrity tag; be strategic to make sure you will get the return on investment. This decision page is mainly a waste of money and we will not spend a lot of time with this page. Let us take a look at the Plant Capacity / Upgrades page first. And Im so thankful for your post!!!!!!!! Leave everything else unchanged. It will be, trust me. You will soon know why. So where to look at this thing, as soon as you start the BSG Online Game. Yes, I am talking about the www.bsg-online.com for 2023. Okay! Hello. I am having trouble getting my company back into the positive ending cash after taking out a loan. A window should pop up where you can select each of the four regions and change the industry average S/Q rating and competitive impact. So, play around and find the best combination for your given S/Q rating that yields the highest net profit. Hi. Just plug in numbers and note down your net profit values. As already mentioned earlier, not every decision has to make sense. If Im wrong, Ill post another comment. Here, you will determine the Percentage of Superior Materials, Number of Models, Enhanced Styling / Features, TQM / Six Sigma Quality Program, Change in Annual Base Wages, Incentive Pay, and Best Practices Training. The second part is the free site resources. Any thoughts? Do not sit on it. The end result counts. PS: I left a comment, but I did not see it and thus retyped. . Sorry for the late reply.. Been starting my new job and working a lot lately. But I found ZERO helpful information online. Promise I wont have tons of question haha. This means, you decide about the S/Q Rating of your branded pairs produced and your compensation and training for your employees. This means, you have a channel conflict, meaning that your Retail Outlets number will decrease in the next year and less retailers are willing to sell your shoes. The styling/quality (S/Q) ratio of the business venture in the different geographic locations they operate in. total sales volume estimate into the Branded Pairs to be Manufactured in Year XXslot for North America, write down your reject rate and add it to your previous total N.A. I prioritize building additional capacity and purchasing plant upgrades. Okay. I would like to ask about the Pay Dividends. My stupidness did not know that I should not pay dividends while Im in LOAN mode. We got our act together and began to study the game. On this screen, you can handle your financial decisions for your company. This is why building additional capacity is so important. Be objective in your approaches from the beginning of the simulation right to the end. and L.A. volumes and finally plug them into the NA manufacturing slot. The private-label market is a very nice opportunity to gain an advantage off your competitors and take their market share. I followed your recommendations, and I have a good rank. 7 Winning Tips and Strategies for the Business Strategy Game (Bsg) 2022-10-12. Business strategy game Rating: 7,4/10 916 reviews. Sometimes thats cutting expenses, sometimes thats increasing expenses (even though it might not make sense at first). Your competitors are most likely looking for this information too. In this section, you can upgrade your plants. If you have more cash available, go ahead and spend it for either one of the other options. When you sign up for BSG Tips, youre not alone. With increased competition, prices tend to decrease. Right now I am doing the second year decision, Im doing star 8 and 100 models, did 7 stars and 100 models in first round and the result was not very good. 1. Im play a new version of BSG ,we have already completed year 17 and now our team have a problem with struck in the middle stage that cost cant decrease more and this year other company in the industry have a high SQ star and low cost (price war) that we cant fight them because our cost is too high. But strategy wise I always sticked to my maximum net profit strategy which you can do no matter your competitors strategy. Avg. values have changed. The information is these guides is laid out, and displayed, in such a way that crucial decisions should be a breeze. Which wholesale are you referring to? It was set Pay Dividends $1.00, which turned out 20,000k in total. I personally find it easier to pursue and had more success with it in the past. Then, you want to plug in your L.A. total sales volume estimate into theproductionslot for North America as well and add up your reject rates. and why do I want it? I still think its a waste to build a plant there, unless youre selling tons of shoes (high models, mid SQ). If for whatever reason you arent satisfied with the guide, return it anytime for a full refund. Company operations are patterned after gorilla on your side. A business strategy game is an exercise that requires critical thinking and problem-solving skills, similar to what an entrepreneur may use while running their daily operations. So your costs will be relatively low as well and the private label will be a very important factor of yours. I daily (thank you, Hootsuite, for making it so easy!) Magic Year 11 Secrets Revealedgives you exclusive access to a tried, tested and provenlegitimatebase method for stuffing approximately $50,000 Net Profit in your first year. On this page, you will optimize your entries and toggle each value until your reach the maximum profit possible for each entry. First, click on the Adjust Competitive Intensity button that can be found on the top middle of the page. Go ahead and try out which combination yields the highest profits. You said that the internet price should be 40% above wholesale. The two most important values you want to have as precisely estimated as possible are the industrys average wholesale price and S/Q rating. Try and set it to Yes. You basically do the same thing over and over again, for every decision round. More than often they drone on and on about BSG, to the point, its barely relevant toimpress you with abunch of words. But again, thanks! I am so thankful for your post!!!!!!!!!!!! Thats a game changer!! The C.I.R on the other hand will give you a deeper look into market share, S/Q ratings as well as price. we are having a horrible time of having left over inventory .. we are in year 13 and our numbers are ok we were 1st place last on year 11 and second place on year 12 but i having a feeling we have been focusing so much on our current numbers we arent going to end well any advise on what we should do on inventory and other sections of the game. There are tons of possibilities in the Business Strategy Game, and the wrong strategy in the wrong circumstance willCOST you the game. R.O.E is the measure of the ability of a company to generate profit. Login Scroll Down Your browser does not support the video tag. These are some of the tips you can use to win the business strategy game. My friend and I walk through the simulation on how it works. The celebrity endorsement will work well only if it is boosted by aggressive advertising. So what are some of the qualifications you should be on the lookout for when picking your team? If after putting the above measures in place and your image rating lowers, consider increasing the S/Q of the shoes and indulging more in corporate citizenship behaviour. Do this for all four regions. I want to thank you for visiting my Business Strategy Game (BSG Online) website. You need this capacity for the private-label market. The Business Strategy Game is a PC-based exercise, modeled to reflect the real-world character of the globally competitive athletic footwear industry and structured so that you run a company in head-to-head competition against companies run by other class members. Best strategy guides for bsg online how to win bsg (business strategy game) have spent years of ten dedicated men practicing the bsg online games with over DismissTry Ask an Expert Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew My Library Discovery Institutions University of Law University of Greenwich University College London As I keep reading online about different strategies to win, there are some postings that are aligned with the strategy of low quantity of models offered at a high quality and keep increasing capacity. As much as expansion is important to the lifeblood of a company, if you are faced with a situation of people rapidly building a lot of capacity. It is best to build only as much capacity as you can afford without taking any loans. This means, without increasing your superior material or enhanced styling / features, you gain 1 star. Selecting the members that will form your team is very crucial as you will be working together to ensure the success of your company. You Get ALL This For The Extremely Low Price, I understand that it only takes 10-15 minutes to put theMagicYear 11. numbers in the right spot to make me Industry leader Instantly! Hi, I highly recommend starting below with my free tips guide. I have encountered two successful strategies so far: medium-quality shoes (S/Q rating of 5-6 stars) paired with high number of models (250-350 models) and high-quality shoes (S/Q rating of 8-10 stars) paired with low number of models (50 models). From the desk of: a Business Strategy Game Grand Champion. With our strategy in mind, I would recommend addition capacity to already existing plants rather than constructing a plant in a new region. You might agree to disagree in the process but each member should always be given a clear avenue to express their thoughts that are based on their research. You need your capacity and it is never a good idea to sell your existing capacity. Learn how your comment data is processed. Some students even let it ride without making ANY decisions for years! This is also linked to having production facilities in that market to support it. You will have secret access to private areas of the site and get to ask questions with my personal expert replies. Help, hints, tips, and strategy for The Business Strategy Game (Thompson & Stappenbeck) which will greatly improve your game performance. If this scares you, it should. Learn More It might be tedious work and consumes a lot of time, but it will definitely worth it and will let you win the BSG. That summer, I played in the Business Strategy Game Best Strategy Invitational (BSI) and won that as well. I was thinking about building a LA plant because I took the majority of private label there last year. Order now. I recommend increasing capacity and keep focusing on your profits. my advice would be to read my guide and follow the steps. This site uses Akismet to reduce spam. While +2% might now always be spot on, I have made the best experience with it so far. Private label will help you dominate your competition. 4. Over the course of many years, I have seen a plethora of situations, companies with a BILLION dollars in debt, people making strategic mistakes that willruinthem in the LATE GAME. However, keep in mind that your regional endorsement value should not be higher than 400 in any region. This decision page deals with your plants. After you have done this for both the N.A. You can either take out a 1-year, 5-year, or 10-year bank loan. I like to have around $8-10 million ending cash available after all my decisions are made. Similar to the branded production, try out the different values to see which combination will give you the lowest Average Production Cost value for your plant and hence, the highest profits.