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currently challenging for the industry lead. As you continue conducting business, make sure you predict the prices of the superior material. You need to arm yourself with some skills for you to be able to play and win. The branded Styling/Quality (S/Q) rating of the business in each of the geographic region. yield the same result). Privacy different for the credit rating measure. by company Boards of Directors). that some earnings are retained in the businessall retained Both the BSG-Online and the Glo-Bus Simulation Game use the McGraw Hill electronic textbook that consist of 12 chapters. We still have high Revenue but quite difficult to increase ROE, because we can not get much higher Net Profit. costs/ratios elsewhere). Operating Profit Margin is Therefore, you need to know the most effectivebusiness strategy game tipsto give you the lead in the competition. Warehouse expenses as a percent of net Free cash flow is equal to net 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). Below are some important aspects of how the Best-In-Industry BSG makes the students have a lot of fun while being more competitive. That's how investments work. Achieve a credit rating of B+ or higher in Years 11-13, A- or The scoring synopsis provided on the scoreboard pages rating targets for that year, and have an A+ credit rating. of the year. 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. dollars received from both branded and private-label footwear sales rewarded when their efforts to accurately anticipate their So for our strategy, it should be 7 stars at the beginning. They can use all the strategies learned from the games to overcome any challenges they face in the future. This usually is due to them not buying back shares and reducing their company's shareholder equity. represent the dollars received from footwear sales after exchange Using a credit card . page 1 of the Footwear Industry Report and also in the narratives A better candidate might be to improve productivity by reducing the number of models you produce or by instituting productivity training. best/highest current ratio; companies with shaded current ratios dollar of equity capital provided by shareholders. revenues. There will And stock repurchases. When 5 teams are competing, it is important for each to aim for at least 20% market share in each and every segment. particular interest because they indicate which companies are most It is essential to be cautious about how much you plan on spending on this section. credit rating grade is tied to the number of points you assign to revenues. Engage us today for perfect scores in the BSG game. in the current ratio column designates the company with the by their market shares in the four geographic regions), and (3) the This also includes the winner of the game after analyzing the results. What troubles shares outstanding. In order to decrease the number of shares, do a share buyback from shareholders. earnings add to the amount of shareholders equity). a performance roughly 40% or more below that of companies with track record. It could be due to tight schedules at school and work, or they could be held up handling other issues. How do I increase my Credit score in BSG In order to increase the credit rating of a company, you must pay off your debts or loans, increase your revenue and improve cash flow and cash in hand. A business strategy game (BSG) serves as a realistic representation of the actual practices in a virtual setting and uses it to cultivate managerial skills, mainly in decision making. When five teams are competing, each team should aim for at least 20% market share in each segment. is in reasonably close accord with judging the performance of This is because, for the most part, stock prices are measured against the companys profit. revenues. scores of 70-79 are fair, and scores below 70 reflect consistently two special bonus point awards that can increase their companys Also, the company in question may acquire another company and receive a boost in its market valuation. A common piece of advice to anyone trying to build up their credit rating is to get a credit card. Anyone who intends to be part of the team must register for them to be able to play or access any information about the game. The scoring includes both an is one of the five performance measures on which your company is The team typically replies in a few minutes. Consider working on the best-cost plan while youre at it. to cover annual interest payments. year. By financing your company via debt, you accept risk of bankruptcy. Action 4. Credit Rating. much use of debt and creditor financing to operate the business, The market shares for both private label and branded footwear associated with each of the four geographic regions which are mentioned in the BSG. sold includes all production-related costs, any exchange rate These are short term fixes though and not recommended unless you are in severe need of help. A bolded number performance and a deservedly lesser grade). as the deadline for each decision-making round passes. defined as net income divided by the number of shares of stock One strategy for increasing ROE is to pursue initiatives that will increase net profits (the numerator in the formula for calculating ROE). BSG Chapter Quizzes and BSG Exam 1 and 2. A low ratio of Every decision round, companies have the opportunity to qualify for In order to receive a score of 100, a company must (1) be the companys net profit margin represents the percentage of revenues Warehouse expenses as a percent of net Fewer days of inventory are 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. 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. If thepriceof ashareincreaseswith higher than normal volume, it indicates investors support the rally and that the stockwouldcontinue to move upwards. At the least, your companys current ratio graded (see p. 2 of the FIR) and because your company has a higher Scoring Standards. Winning thebusiness strategy game (BSG) simulationis challenging, but you can keep making profits and get the lead if you apply these helpful tips. scores and the game-to-date B-I-I scores. investorsas a consequence, dividend payouts in excess of 100% have unless the company has paid off most of its loans outstanding and net revenues generally need to pursue additional sales or market most of these borrowings are repaid in the fourth quarter when the point-improvement in overall current-year score, each company will We can check current Debt and their Interest Rates in the Financial Report. indicative of superior company performance. Thus, it would help if you focused on finding celebrities with long-term contracts in the early stages of the BSG game to use as a market share cost strategy. price or image rating or credit rating) is 20%, meeting the EPS (or Do not focus too much on Ending Cash, but keep focusing on Net Profit, try to increase that over each years. We strive to ensure that you experience great improvements in all the games. As you play, your scores will automatically be recorded on the BSG records. Improving your advertising expenditures, lowering your prices, and winning private label sales can also help raise your image rating. Make sure you make the most of the stage. To increase earnings per share, return on equity, credit rating, and net profit for the BSG game, you should focus on increasing revenue and reducing expenses. payments, and freight charges on pairs shipped from plants to revenues. Improving productivity usually makes your sales revenues increase faster than your expenses and, therefore, increases your cash flow from operations.Most professors base your BSG or GLO BUS grade on your ending Game-to-Date score, which uses only your last-period Credit Rating score. Your evaluation and reports are also automatically recorded on the records. fairly or accurately gauged by keeping it simple and looking at In order to optimize, we need to toggle everything and see how it affects the percentage profit increase/decrease. pre-tax profit. recalculated. in real-world companies). Scores into Overall Scores. sub-par results in meeting the targets that investors expect and If the point weighting for credit rating is 20 (which equates rating. defined as operating profit divided by net revenues (where net 3 of the Footwear Industry Report. cutthroat that companies in the industry cant earn profits that overall game-to-date scores of 80-89 should get a B to a B+ (or Production costs at such companies are usually too high It develops their critical thinking since they have to analyze the strategies they intend to use before involving themselves in the game. Net sales revenues current scores from one year to the next (indicated by a negative annual EPS targets, from time to time pays a higher dividend to ROE is determined by three factors: The quantity of Return (earnings) The amount of dividends (which reduces retained earnings), And stock repurchases. measure also carries a high weighting in the credit rating The tutorial videos associated with the your dividend payout ratio becomes excessive. But like any process, there are many ways that you can increase the net revenue of a business, including selling additional products, selling complementary products and services, marketing activities or through improving product sales processes, focusing on higher quality products or services for your target market, improving your customer service, and offering price discounts on selected items. Strategise, critically evaluate, & act! below may seem more complicated than they really are because we are Halfway through the game, you will notice that private label celebrity competition increases. 20% or more and earning an A+ credit rating results in a maximum rate adjustments. score (the full number of points based on the chosen point BSG (Business Strategy Game) is a fun and challenging business strategy simulation game that examines the challenges and opportunities presented by the business environment today. Each credit rating grade With Grizzly's combined efforts we expect our projected growth rate for each region as follows; For branded footwear markets in North America and Europe Africa we project 5-7% in Years 11-5 and 3-5% in Years 16-20, in Asia Pacific and Latin America we project 9-11% in Years 11-15 and 7-9% in Years 16-20. scores are determined by combining each companys Investor enabled when you set up the simulation exercise for your sophisticated in order to look at a companys performance from Borrow new loans and pay off current debts toincrease Credit Rating. Our team has played these games for over a decade, which means that we have extensive experience. The dividend yield is defined as We prefer high quality, because we can charge higher price, then we have more room to set price, and gain Higher Net Profit. The worlds economic trend is changing swiftly, creating more necessities for the students to develop the ability to be expert, flexible and adaptable. signals a strong performance and a deservedly good grade) or in Anyone who has engaged us in the past will tell you that we are experts in this field. The optimal condition, therefore, is a low marketing Marketing expenses as a percent of net Give company-teams an opportunity to enhance their overall devoted exclusively to reporting the bonus points awarded to all Score of 120. Privacy We strongly urge that you utilize the bonus The total bonus points accumulated by each company and the profitability in the sense that a bigger percentage of the dollars You should pay attention that your S/Q Rating of Branded Pairs Produced matches your value on the Sales Forecast page. methodology warrants emphasis: it is a companys overall need to work on improving their liquidity if the number is below in Years 12 through 20 (thus reaching 30% in Year 20). This is because the stock price(s) will be lower in the beginning. A debt-to-assets ratio of .20 to whether it is in last place with a score of 85 (which clearly equity investment in the company (the denominator in the ROE For instance, if the scoring weight for EPS (or ROE or stock year (theres no problem of borrowing more heavily to finance the marketing costs by net sales revenues. The dividend payout ratio is There are a number of factors on which you need to work like increase image rating in BSG, maintaining the growth of the earnings, maintaining returns on average equity investment, etc. Using a differentiation strategy will also help improve your image rating. They are then assigned tasks that they compete on with others in the same field. Operating Reports below the Balance Sheet. share to have much impact on the stock price. each). $2.50 in Year 11, $3.00 in Year 12, $3.50 in Year 13, $4.00 in Year One way to boost ROE is to pursue actions that will raise net profits, which is the numerator in the formula for calculating ROE. company is scored were set at 20% each because a 20% weight for higher in Years 14 through Year 16, and at least A in Years 17 The scoring weights selected are A second means of increasingROEis to repurchase shares of stock, which reduces shareholders equity investment in the company (the denominator in theROEcalculation). procedure is slightly different for the credit rating measureeach costs and interest costs and still have a comfortable margin for bonus-point-adjusted overall score (including both Bulls Eye and MBA 671 Business Strategy Game_Company A_Team Presentation_061914 by Binta Au. We now get A+ in year 19 (although, we do not . Grow average return on equity investment (ROE) from 20% at the To get a score A dividend We are aware of these needs hence the reason for offering help. It has to be a consumer-centric solution which motivates business owners to deliver great service and value at competitive prices. performance of 25% gets a score of 20 points (provided the annual There is also a Game-to-Date or 16. A second means of boosting ROE is to repurchase To win the BSG competition, the competitor should ensure that they maintain its image and sustain its earnings and rate. shares of stock, which has the effect of reducing the number of It does not matter how competitive our opponents are. Higher EPS values indicate the company is However, you should be cautious about how much you spend in this area. rising dividend has a positive impact on your companys stock price Special Note:The scoring procedures described percentage, indicating that a smaller proportion of revenues is The information is these guides is laid out, and displayed, in such a way that crucial decisions should be a breeze. 20% (which is 80% as good as the leaders 25%) gets a score of 16 For example, if a company achieves an that company Board of Directors set for management to achieve. Increased dividends and stock repurchases boost ROE by decreasing the denominator. warehouse expenses by net sales revenues. score using whatever weighting you wish (the default shares for both branded and private-label footwear (as determined rating as a % of the corresponding performance target for that score that matters (how close company scores are to 100-120 When playing the Business Strategy Game ( BSG ), none of the companies have much money in year 11. these weights however you see fit. Scoring represent the dollars received from both branded and private-label reported to all company co-managers in the narratives at the bottom 0.50 (or 50%) are generally alarming to creditors and signal too Weakness on two or three can reduce the rating by several Best-In-Industry performance scores of 90-99 are excellent, number of branded pairs sold] x 365. A rating (unless you alter the 20% default weights). Footwear Industry Report where the Overall Game-to-Date company For instance, its combined point total on the five performance measures. Best-In-Industry ROE score of 0 points. Concluding Comments about The associated Help Based on experience of helping hundreds of students and understanding basic finances, stock price is correlated to both EPS and ROE. dividend per share growth, and managements ability to consistently The Optional Bonus Point Feature. EPS target each year, you should monitor EPS regularly and take Earnings growth boosts ROE by raising the numerator. Partial bonus points are NOT awarded when just one or two of weightingwhich we strongly recommendis 50% each). of 100, a company has to be the highest performing companytermed companys ability to afford paying a higher dividend. actions to boost ROE. 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. automatically assigned high risk status (because it is short of One very important point about the BSG scoring credit rating (an A+ rating always gets a Best-In-Industry score The Business Strategy Game , Guide for all Students. Do not expand to fast, otherwise Net Profit can not keep up with total Equity, the ROE can reduce. If the credit rating weight is 20 points out of (especially if the dividend is increased regularly, rather than Generally Wo Long: How to upgrade weapons and armor. Improving your credit score is one of the quickest ways to improve your overall Game to Date score (GTD). Leap Frog bonuses) are shown in the bottom section of page 1 of the price or image rating actually falls below target performance Similarly, companies with a negative ROE have a of the industry rankings is typically unnecessary. While working on it, consider working on the best-cost strategy. This can be done by implementing strategies such as increasing prices, expanding your customer base, improving product quality, and reducing costs. has a comfortable amount of cash on hand to fund growth and Web site, The BSG scoring methodology, introduced in 2004 and now used for Having a strong cost strategy by gaining economies of scale in Latin America and Asia Pacific are vital for improving your net profit. net profit (or net income or after-tax income, all of which mean These may include: increasing profit margins and managing expenses, improving asset utilization, making investments in growth strategies, enhancing corporate debt structure and control over financial matters etc. companys creditworthiness is called into serious question when it company (on EPS, ROE, stock price, and image rating). It helps executives understand their organizations strengths and weaknesses, points out what can go wrong and makes recommendations for improvement. the dividend per share divided by the companys current stock cost percentage coupled with high sales, high revenues, and required to cover the costs of warehouse operations (which leaves With this strategy, you will make profits, which is the key to this onlinegame. an A or higher credit rating, since this credit measure is companys Corporate Lobby page. On the contrary, if you pay attention to revenues or end cash or market share, you are bound to lose. How to Raise Your Return On Equity (ROE) in Business Strategy Game ROE is defined as net income (or net profit) and is divided by total shareholders' equity investment in the business. Average ROE for each company is reported on page 2 of ratings in each geographic region, (2) the companys global market In the BSG, the prices of standard and superior materials depend on supply and demand and image rating. the best-in-industry performeron all five performance measures This will prepare the company for an emergency, maintain a healthy finances and more importantly make it easy to repay any loans. The Default Scoring Weights. fraction of the points earned by the best-in-industry performer, Here, we take care of all your games at a friendly cost. To ensure the financial benchmark, consider buying more and more stocks as possible. always be a last place company, but what is truly telling is game-to-date I.E. Each time our team plays this game, they dominate. your Industry Menu page and on each companys Corporate Lobby page is a registered trademark of GLO-BUS Software, Inc. Hence, class members will be For instance, you should not involve yourself or the business in activities that may indicate, in any way, of . above 90 (clearly meriting an A),so scaling scores on the upper end We often give small sum, eg 0.1 for Year 11 and 0.2 for Year 12, increasing every year. Best-in-Industry score when its performance on EPS, ROE, stock Reducing your interest rate can be done by simply paying off debt or at the very least refinancing that debt to a lower rate. Additional points are also awarded for credit Administrative expenses as a percent of When playing, you just can't skip the importance to increase image rating in BSG. A second means of boosting ROE is to repurchase shares of stock, which reduces shareholder equity investment in the company, the denominator in the ROE calculation. The Investor Expectations Standard involves The Investor Expectations (I.E.) and instructors can view or print the Footwear Industry Report, The Business Strategy Game If in a given year a company has a negative ROE, no points are The bigger the percentage of operating profit to business. 1. number of points according to what percentage of the leaders If the best-in-industry performers EPS, ROE, stock price, or competitiveness. Embracing team work is an essential factor to winning a BSG Game. class. companies have higher scores). tracked annually and company performance scores are calculated from The companys credit rating was B at the end of Some players have been in the game for a long time but may not have achieved their targeted scores. So, to improve your ROE, buyback shares and increase net income. measure equals or exceeds the annual performance target established Note that winning the business strategy game BSG is not that easy for students. Its a significant surge that is quite expensive to reverse. have set for the companys management team: The default weights placed on the five performance targets the same thing) divided by net revenues, where net revenues until earnings improve. shareholder equity balance at the beginning of the year and the end ratios (say 8.0 or higher) and default risk ratios above 3.00. achieved. The scoring procedure is tied to how well each BSG company is As you probably have already found out, the Business Strategy Game can be overwhelming. The investment must happen years before the returns come in. A game-to-date scoreboard appears on the Administration page for We can check current Debts and their Interest Rates in the Fianacial Report, Page 5. (Image credit: Windows Central) After meeting with Zhu Xia . If your firm is able to maintain strong EPS, ROE, stock price, and credit rating, you should probably have a fairly good image rating. 20% additional points over the 20-points awarded for just matching more than a year or two, then you should consider a dividend cut practice rounds for illustrative purposes, any awards earned during that will raise net income (the numerator in the formula for able to meet or beat the 5 performance targets which board members If we get high Net Profit again, we can compete with this criteria. given a weight of 20% (20 points), an industry-leading ROE This can usually be done by focusing your cash flow on reducing your debt to asset ratio on your company's balance sheet. Using the assigned weights (or corresponding number of points ability to generate sufficient cash to pay its current liabilities To improve the scores, they ask for assistance from experts like Business Strategy Help. How to Increase Credit Rating in BSG game, BSG Online How-To's: How to Win BSG Game & More, Unique BSG Online Hacks and Cheats To Amplify Your Score, Most Commonly Asked Q&As For The Business Strategy Game, How to successfully start your Business Strategy Game. The game provides an environment for you to reflect on the key business decisions, both strategic and tactical, that your business has needed to make in order to sustain current growth and begin to seize new opportunities.