Registered Data Controller No: Z1821391. The company’ rank was getting better and better as was 5 out of 12. BSG 2017 - Business Strategy Game - Guide How To Win - V2. No plagiarism, guaranteed! It also helps us to fit into value chains like suppliers, buyers and channels. them. Title: The Business Strategy Game 1 The Business Strategy Game . assigned to you and your co-managers. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. When you register you will be purchasing full privileges to use is an online exercise where class members are divided into teams The reason to choose this strategy ‘low cost and value chain system’ was helpful to underline the competitive advantages that cannot come from production side but anywhere from value chain. The Blog may have BSG or Glo-Bus tips, strategies, advice, hints, tricks, and even secrets. Business strategy is influenced by top management team of any firm (Hambrick and Mason, 1984). For this purpose we make a commission to discuss all aspects of Footwear Company including stocks and competitive environment. Identify al least two offensive moves that a company should seriously consider to improve the company's market standing and financial performance? The other big achievement was in region of Earning per Share (EPS) that was $14.33 helped to come in 76th position from all over the world in footwear industry. Anchor, a Global Athletic Footwear Company, Strives to Fortify Brand Recognition . Your Our team is participating in a semester-long strategy simulation project called the Business Strategy Game. Customer service will be measured through repeat business (our goal is that 50% of our customers will return within 6 months for an additional purchase) and multiple sales (our goal is that 30% of our non-running and 60% of our running shoe sales are … So our management decided to fix with no cost leadership and customer purchasing behaviors strategy by following Porter (1985) five forces and considering more on North America’s private label segment. Market Development. This is Week 1! ORIGINAL STRATEGIC VISION YEARS 10-13 Vision Statement Our vision is to lead the athletic footwear industry by creating distinct athletic footwear to enhance player performance through efficient operations and high quality materials and high models Strategic Goals Our goal is to provide our customers with a quality product by employing a … In this commission we included that we should offer 4000 pair at price of $ 40, was doubled as compare to last year, in North America private label region. These are average fixed value of any country and companies cannot across these boundaries. The Business Strategy Game © Michael Porter (1985) describes market Industry constitution and arrangement within the market is key factor for establishment of competitive strategy. Introduction This manager’s report provides a financial performance review of the business operations for athletic footwear industry’s Elite Feet for production Years 11 through 18. Registration ensures that your work will be reported to your This paper further focuses on economic impact. 12th Dec 2019 In year 12 BAD BOYZ III company co-managers made some changing in their management and business strategy to get maximum profit from footwear industry market. Year 11th BAD BOYZ III Annual Summary Report, Year 12th BAD BOYZ III Annual Summary Report. In North America private label company sold 3546 pairs out of 4,000 at double price $40. Best-Strategy Invitational High-performing companies worldwide face off in a 2-week competition hosted 3 times a year by the BSG author team. In appendix-3 the BAD BOYZ III Company’s year 13 overall progress including strength and weaknesses has shown. get valuable practice in making a variety of different business 2018/2019 The optimal goal of any strategy game, which in this case is related to business, is to help players understand various components of business more easily. Most recently, Just For Feet filed Chapter 11 and is currently liquidating the entire company stock. The Singapore Dollar. These activities help company existing and potential sources of differentiation e.g. is a registered trademark of GLO-BUS Software, Inc. ABSTRACT . The business strategy game is real time practice business environment. Business Strategies In Africa. *You can also browse our support articles here >. Burst Footwear Business Strategy Game. But unlike the very serious articles in the forums, I’m going to make the Blog light hearted, more random, but still have it BSG oriented. Registration gains you PLAINVIEW – Brad Wall has never run a shoe business, but if he did, he just might be successful at it. In whole sale market our S/Q rating, rebate offer and retailer supports were our competitive strength points while the competitive weakness were wholesale price and retail outlets. The second topic is on how the bsg-online operates. Follow the instinct that says there is a better option, always … Year 13 is the year of thinking for us as the result of year 12 that make us to re-think our all strategies and policies that makes impact on our competitive strategies. a global market arena, selling branded and private-label athletic The main politics factors are trade barriers, tax policy, trade policies, labor law, export tariffs and environmental law. BAD BOYZ III Company participated in charity an as well Corporate Social Responsibility (CSR) and also providing complete health and safety environment. Nike Case Analysis. To cater to prime footwear markets across all countries, cultures, and age groups. compensation, online sales at the company’s web site, sales and These factors can be analyzed as company insurance, farming and tourism. You will find most of the Business Strategy Game Quiz 1 answers below. Company wanted to get 100% feedback from that region as last year our management bought new plant capacity for it. The game of the business strategy is computer based game which is played online by a group of member formed in it. head-to-head competition against companies managed by other class Company was getting satisfaction feedback from North America, so company decided to build more plant capacity in North America as well in Asia Pacific region. Your first priority as a BSG participant should be to absorb the contents of this Player’s Guide and get a It will be covered what is the main reasons affecting demand.It will be analyzed about the global recession problem and how … The Euro. Diverse opinions should be encouraged especially if they are grounded in research. Thought I'd share it with you guys. COMPETITION AND BUSINESS RISK- AN ANALYSIS OF BUSINESS STRATEGY. In the simulation, we are managing an athletic footwear company, Burst Footwear, and distributing to North American, Marin America, Europe-Africa, and Asia-Pacific. To complete this target we need high amount money that’s why BAD BOYZ III Company took a long term loan $ 248,000,000 from the bank. server, and business simulation content are copyright © 2020 by After you have read the Player’s Manual for The Business Strategy Game, you and your co-managers should come up with brief 2- or 3-paragraph answers to the following three questions prior to entering your first set of decisions. Module. It covers in detail all of the strategies, concepts, software features and tricks necessary to win the McGraw-Hill Business Strategy Game. Company operations parallel those of actual athletic footwear companies. Porter argues, “The ultimate aim of competitive strategy is to cope with and, ideally, to change those rules in the firm’s behavior (1985, p. 4).” According to Porter five forces find out company prosperity and profitability. From the last few years company was getting required feedback from North America. While your answers to the first of the three questions can be developed from reading the Player’s … In my industry BAD BOYZ III includes five members (Virayudh Baram, Saif Ur Rehman, Ying Zhao, Maliha Hasin and Imran Shahzad) are responsible for managing all aspects of the company’s operation. We hope to strengthen our brand by Surpassing the … website (www.bsg-online.com) and its Just a really cool game that I have to play for my class that I'm having a blast with. University of Greenwich . Business strategy game *What offensive strategy options does an athletic footwear company have? The Brazilian Real. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Company also reduced the 50% prices of pairs to sell more and more products in all regions to accomplish this strategy and apply these prices we need more and more stocks. First section describe the strategy adopted by BAD BOYZ III Company with the help of Michael Porter “Five Forces” theory, second section describes the external analysis of company using PESTLE analysis and at end the BAD BOYZ III company analysis from year 11 to year 17 will be discussed with each year progress diagrams shown in Appendix. BAD BOYZ III company revenue was 690,317,000 and net profit was 107,491,000 increased highly up to 300%. Business Strategy and Polices. Athletic Footwear Company: ... Business Strategy Game Quiz 1 Game Mechanics: Your company’s score is based on: EPS (Earnings Per Share.) As a result, business models are being rebuilt with a focus on selling footwear online, thus enabling … With these strategies we got good market share in internet segment but the market share in whole sale was not according to wish. The Business Strategy Game is challenging exercise where students are divided into teams and assigned the task of running an athletic footwear company in head-to-head competition against companies managed by other students. numbers and graphics contained in the reports and how to use decisions. View Invitational | Accessibility The Business Strategy Game handy reference). In this competitive business arena it is crucial to strategize and come up sound management solutions in order to stay afloat in the market. But this paper only focus on the industry 10 where 12 different companies named Air Nike, Dolce and Banana, IMF vs WTO, Fabulous … As the result of year 11 and market competitive approach we decided to sell our products with high and standard quality. To make The Athlete’s Foot the headquarters for athletic footwear by offering knowledgeable and professional customer service. Aivis Arturs Atvars. Appendix-6 represents the Year 16 over all progress. We're here to answer any questions you have about our services. That decision is made on two reasons: At the end of year 17th the decisions made and strategies applied resulted in excellent outcomes. At the end of year 11 our company’s progress was good in contrast with other market companies with 7th position out of the 12. BAD BOYZ III knows the importance of technology and benefits in business environment. Company co-managers must make decisions relating to plant In environment major factors are weather, climate and variation in climate include weather, climate, and change. To export a reference to this article please select a referencing stye below: If you are the original writer of this dissertation and no longer wish to have your work published on the UKDiss.com website then please: Our academic writing and marking services can help you! Company decided to sell quantity of 500 stocks in the price of $ 96.72 as stock price was really high. any PC that is connected to the Internet and that is installed with We've got 10 weeks to go, so lets see if I can win the Business Strategy Game! Credit Rating. Nike is maintains its position as the world’s largest athletic shoe … "Business Strategy Game Post Game Analysis Footwear Industry" Essays and Research Papers . athletic footwear market, thus allowing you and your co-managers to To get high profit and maximize the sale production we seriously focus on private label that enables BAD BOYZ III competitive strengths increased as compare to the year 13 and sufficient reduction in weaknesses like internet segment and wholesale segment. In private label segment company done well and sell all pairs in private label segment caused the market share of private label segment increased such as 76.6% in North America, 52.0 % in Asia-pacific and 62.9% in Latin America as contrast to other market shares. operations, distribution and warehouse operations, work force Share This Article: May 5, 2010. Welcome to the Business Strategy Game Guide Blog! This decision is made on behalf of the year 16 results as consumers increase unexpectedly. Strategy Game parallel the functioning of the real-world The business strategy game is an online, PC-Based game in which you run the world wide athletic footwear market in confronting each other competition against other markets companies run by different group of students into different industry. This theory helps companies to know about the rules and regulation of competition in market. Company D presentation final 1. Best strategy. To achieve maximum profit and top position in footwear market we also considered about the private label segments. Academic year. and assigned the task of running an athletic footwear company in software to run the athletic footwear company your instructor has A complete and in depth analysis of BAD BOYZ III company is given below: In the begging of year 11, BAD BOYZ III has total production plant capacity 6,000,000 to complete the requirements of production only for two regions North America and Asia Pacific. The market for branded athletic footwear is projected to grow a. between 8-11% annually worldwide during the Year 11-20 period. 1 Towards a Growth Strategy for Africa Marcel Fafchamps, Francis Teal, and John Toye REP/2001-06 Centre for the Study of African Economies Department of Economics, University of Oxford Manor Road Building, Oxford OX1 3UQ, United Kingdom csae.enquiries@Economics.ox.ac.uk November 2001 2 Executive Summary Now that China and … Business Strategy Game Quiz 1 primarily consists of two topics. What will I be purchasing when I register? Initial Strategy - Option DIFFERENTIATION : “Providing something unique that is valuable to the buyer beyond simply offering a low Athletic Footwear price.” (M. Porter) Exotic Footwear’s “Differentiation” strategy implemented was to create ‘Value Add’ for our customer. Start studying BSG Quiz 1, Business Strategy Game Quiz 1, Business Strategy Game Quiz 1. In BAD BOYZ III company success story another success was stock prize $ 102.49 and company also offered amount 10,135,000 dividend this year. You can also view the Quiz 1 SlideShare below. Company all private label capacity stocks in Latin America and Asia Specific was up to date because these technology shifts can affect costs, quality, and lead to innovation. In year 16th the company’s competitive strengths were celebrity appeal and advertising same as last year and company also tried to get rid of the weakness related to company production and profit. The first topic is where the company starts out. This is not an example of the work produced by our Dissertation Writing Service. Included in the report are trends in company’s annual total revenues, earnings per share (EPS), return on equity (ROE), credit rating, stock price and image rating. development, marketing, sales, operations, etc.) Year 11 complete detail of BAD BOYZ III competitive strengths and weakness and development can be seen from appendix-1. That loan enabled us to fulfill the production plant capacity 4600,000 per year in North America. In addition, several large general sporting goods retailers have either closed entirely or reduced the number of stores in the chain. anywhere, anytime access to all participant-related menus on In internet segment our competitive strength was marketing, celebrity appeal, S/Q rating and model offer but with some weakness like retail price and shipping charges was some kind of not good factor in competitive market. The Business Strategy Game is an online exercise where class members are divided into teams and assigned the task of running an athletic footwear company in head-to-head competition against companies managed by other class members. Anchor’s vision is to be the primary provider of athletic footwear in the four regions: North America, Europe Africa, Asia Pacific, and Latin America with variety of models at affordable prices. Lol, then … In Appendix-5 year 15 overall progress is shown. • … Company Registration No: 4964706. Puma’s business performance minimally depends on market development as an intensive growth strategy. Image Rating. The Business Strategy Game (BSG)is an online 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. All work is written to order. Dissertation At least that’s what the results of a recent online business strategy game in his senior-level class at Wayland Baptist University determined. rating. In year 16, BAD BOYZ III Company decided to remain fixed with same strategy as in year 15 company sold almost all products. your company in contention for global market leadership, and These successful factors boost company rank to top three positions like was 3rd out of 12. Year 13 results increase our confidence and courage to getting more effective and efficient in the market and also lead us to understand the purchasing behavior of consumers. share, return on investment, stock price appreciation, and credit Wall was part of a three-person team in Dr. Shelley … After a long discussion among BAD BOYZ III company co-manager we concluded that we should re-evaluate the company strategy and offer high quality products with low price that strategy lead to ‘low cost and increase market shares’ described by Portal(1985) five forces theory which is focus on high quality with low price. Company decided to purchase new 3135 stocks with the price of 57.73 per share. PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors. There were no strong competitors in North America. University. Every company tried to use their best technique and execute well planned strategies for their company specially considering against the strategies of competitor companies, delivers good bottom-line results (Net Revenue, Earning per share (EPS), the return on equity (ROE), stock price, credit rating and image rating) and builds shareholder value. The sports footwear industry is growing at shocking rates. This year increase in private label segment and overall progress helped BAD BOYZ III Company to improve its position like 6th out of 12th. Orientation and Overview ; 2 What Is The Business Strategy Game All About? BSG VISION STATEMENT Our product: To provide our customers with a footwear product that is high quality, comfortable and available in a range of colors and designs. Its an online, PC-based exercise where you run an athletic footwear company in head-to-head competition against companies run by other class members. The first is the paid guide. You can view samples of our professional work here. In this game our role is as Manager who responsible to use productive and efficient strategies for company production and profit. All aspects of The Business Reference this. Keep in mind, your quiz 1 results DO effect your overall Business Strategy Game grade. BAD BOYZ III Company purchased 1500 plant capacity and build 500 in North America and also considering Asia Pacific purchased 800 plants capacity in that region. InThe Business Strategy Game, the algorithms used to determine how many pairs of athletic footwear each company sells in each geographic market are based on a company’s competitive effort relative to the industry-average effort in the geographic region, competitive factor by competitive factor. Player’s Manual for The Business Strategy Game. In year 12 company situation was little bit down and we were losing market shares in such situation we adopted the value chain activities of Porter. Where your Athletic Footwear Company Starts out: • Your company starts out with two factories. decision period; these come with detailed descriptions of the The retail athletic footwear business has been tarnished in the past two years due in part to the failure of several highly visible large store formats. In the start of year 11 the demand in North America and Asia Pacific is not much high as compared to present production. One might even say it’s booming – flourishing both day and night. Course: BUS 4980 Business Policy & Strategy . VAT Registration No: 842417633. At the end of the year 16th the BAD Company revenue was $ 537,898,000 that is little bit high as contrast the previous year and net profit was $30,721,000. It can only be achieved with high production as amount of consumers increased compared last year. Increased in demand and production caused the increase in BAD BOYZ III competitive strengths as compare to previous year such as ‘celebrity appeal’ but weakness remained same as ‘model availability’. conditions. A lot of people over the years said I should do a Blog, but I think maybe I should start one up and see how I like it. As company was getting almost 100% market share in private label from North America caused BOYZ III market share strong position in foot wear market. Free resources to assist you with your university studies! b. Company operations parallel those of actual athletic registration is valid until the course you are enrolled in is over. Year 17 was decision year for BAD BOYZ III management because company management decided to buy new plant in North America with capacity of 1,900,000 pairs per year. Conclusion Nike has single-handedly overwhelmed Adidas and Reebok in the previous two decades. A strategic objective based on product development is to continue increasing investment in research for new and improved designs of athletic footwear and accessories. Competitive advantages of any company against other competitors can be described by the “Five Forces” diagram shows the main idea of Porter’s theory of competitive advantage. The main reason to focus on North America was company high expenditure in this region because of more consumers and demands. decisions under circumstances that mirror real-world competitive So our company decided to sell 200,000 production in North America and 800,000 in Asia Pacific. BSG-Online Footwear Game Tips. Presenting 15 of the best business simulation games you can try this year, rated from medium to advanced level. This is an individual report of Imperial Company which showcases all the key management decisions that were taken to maintain a competitive edge in … About Business Strategy Game (BSG) •Management can be effectively taught with systematic step by step learning and high level of involvement •High level of Learning, Retention and Involvement •Competitive nature of a strategy simulation arouses positive energy •Risk free platform for implementing and executing strategies and Ideas •More digital way of learning Why … These factors show cultural effects, health and safety aspects, people their age, population and growth rate, age and careers approaches. Shoe store sales continue to rise, and revenues collected by the top footwear producers has concurrently increased over the last few years. To achieve this target company decided to increase the production and plants in different segments especially in North America and Asia Pacific to produce more revenue. As mentioned above year 17 was decision year for BAD BOYZ III to make another major decision in market. Statement. , Asia-Pacific, and Latin America. ROE (Return on Equity.) One in north America and the Second in Asia Pacific.