What is Business Strategy Game?
The Business Strategy Game (BSG) is an online exercise that helps students to learn strategic management. The game provides learners with a tool that helps them to build skills such as decision making and teamwork among others. The exercise is carried out by simulating real-life scenarios that one would encounter while running a shoe manufacturing business. During the simulation, various teams run a virtual company, make decisions and form strategies based on the theoretical business knowledge they posses. These decisions could include choices such as which regions to increase production and where to allocate company resources. The teams make these decisions during what is known as a “decision round” which represents a year of the company’s operational period. The consequences or rewards of these decisions are then presented to the students at the end of each year giving them a chance to analyse the results of their choices and to deal with the consequences.
In essence, these simulations allow students to learn how to manage a company while on the job but without any real-life effects to an actual business.
That being said, it is clear that the Business Strategy Games are an important tool for any student to use. Despite this, it is easy to lose sight of of the importance of BSG since the simulations may appear to be mere games but when one digs deeper, they uncover the numerous benefits presented by this program.
How Can We Help?
The purpose of our website is to offer help with all things BSG. We ensure each student that visits us understands the workings of the program, is able to get their highest score possible and is able to gain the full benefits of the exercise. Although the simulations are usually presented as games, they are much more complex than ordinary games even for learned individuals. They include a vast amount of decisions and nuances that must be understood to enable you to attain a high score. It is therefore important that any person who decides to take part in the BSG seeks guidance on how to maneuver the various stages of the program, and that is what we are here for. We offer a vast amount of written material about BSG that you can go through but we also offer guidance via Zoom. With this, we are able to have discussions with you and offer any assistance you may require instantaneously.
BSG Practice and Competitive Rounds
Before the game begins, you would take part in one or two practice rounds that will aid you in familiarizing yourself with the program. In this round you would learn different features of the simulation from the meaning of the abbreviations they use to more technical matters such as how to gain appeal in the four geographical regions where company products are sold. Our website offers help with BSG practice rounds because despite them being simply for practice, they can still be very complicated.
Once this stage is done, you may proceed to the competitive rounds of the program where you will be graded for your performance. This is the most essential round and contains various nuances through which we offer guidance to ensure that our students become the best in the competition.
This competitive round involves the team members discussing which decisions they will make before the end of each year when the game accesses the company’s appeal to buyers and competitiveness. These decisions include product prices, the quality of footwear, the efforts made to advertise the company’s products and so on. These then determine the amount of sales the company will make and the market share they will gain in each of the geographical regions where sales are made. Although these decisions may appear easy at first they require guidance to form an actual strategy that will increase profit to a maximum.
BSG 3 Year Strategy
During the competition, teams are required to form a 3 year strategy that will encompasses the vision of the company, its objectives, and the competitive strategy that the company intends to employ.
This three year strategy requires team members to think of a number of details about their company. Details which include objectives for their image and credit rating and how to ensure their stock price appreciates over each of the three years stated. Generally, this three year strategy helps the team to determine the price of their products, the share of the market they need in each geographical region and the profit margins they require to ensure that they achieve their set financial and strategic objectives.
Without proper guidance, this can be a very daunting task and that is where we come in to offer our help with the BSG game 3 year strategy.
BGS Quiz 1 and 2
Part of the BGS grading system depends on two quizzes about the game. These quizzes are given to ensure that the student taking part in the game understands how the game works. Although these quizzes are not directly about how the students will run their virtual companies, they are still important as they make up part of your final grade and ensure that you fully comprehend what the game is about and how it works. The questions from the quizzes are based on the 33 page player’s guide offered by the game, the reports given at the end of every decision round or year and the different strategies that a team may use to ensure their company is the most profitable. What we are here to do, is to help you highlight the most important parts of this large amount of information, and to guide you while you study for the quizzes so that you may score your highest possible mark.
What Other Help Do we Offer?
Finally, we also offer help with the game’s year 11 and year 12 decisions which are the final years of the game. We help with the assignments from the game and even the writing of the final report that you may have to submit to your learning institution.