BSG Game Presentation Writing Guide
A Business Strategy Game (BSG) is a core component of the firm’s enterprise strategy. It describes the choices, actions, and consequences that shape a market. The Presentation is usually in slides with all the firm’s data, charts, and other aspects such as advertising channels, focus markets, and plants.
This BSG presentation includes an introduction to the concept of strategies, strategies formulation, and marketing strategies to enable your firm become a market leader.
With this knowledge, you can easily create PowerPoint presentation for presenting before your managers or directors.
BSG Strategy Formulation
A Company’s business strategy is the plan the company makes to increase its market share and profit. A firm can create a strategy by making decisions based on its industry, competition, and customers. A company’s marketing and product are critical elements of its industrial strategy.
BSG Strategy Presentation
A BSG presentation is a visual presentation of the company’s strategy in the industry. It can be done using a PowerPoint presentation slide. The BSG presentation slides should be clear, concise, and well-organized. It should also be easy to understand, engaging, and enjoyable. Also, it should be visually appealing, persuasive, and more than one slide. This will keep your audience on the edge of their seats and engaged.
Business Strategy Game
The business strategy game is the process of evaluating, developing, and testing new ideas to make them a win. Companies have used these strategy games for decades to help them select profitable strategies and make important decisions about their products and markets.
A company’s business strategy is how it develops, manages, and implements its long-term needs. It should be based on the direction of a business concerning the environment and to better meet future needs. A good company strategy will help the enterprise to maximize its efficiency and influence while minimizing costs and risks.
A performance target is a specific objective you set for your company. Performance targets are the goals, objectives, or objectives a company sets for itself to achieve particular benefits. These can include improving financial results or gaining to be a market leader, recruiting new employees, or increasing sales volume.
The goal is to determine the best way to differentiate yourself from competitors. Setting performance targets allows you to measure results over time and manage your strategy more effectively.
Company Private Label Market
The Private Label Market refers to goods developed and sold by a company that is not the product manufacturer. Private Label is a term that refers to goods sold under brand names that are marketed by the manufacturer or its agents or through licensing.
Private Label products usually carry a lower price than the original party, with the benefits of quality, convenience, service, and service features. These benefits can be offered at a reduced price due to economies of scale and more considerable inventory management abilities.
Company’s Competitive Strategy
A company’s competitive strategy is how a company positions itself in an industry. It also details how to achieve and maintain the desired position.
Companies must compete effectively in their given market for their business model to succeed. Currently, competition is fierce, and prices are constantly changing.
Businesses need a clear understanding of what they need to do if they want their products to emerge at the top. And thus, a company must beat its close competitors by offering similar products with lower costs than yours would be if you hadn’t priced yours too high (or vice versa).
A performance indicator is a tool that helps management analyze a company’s performance and make decisions for future actions. The essential purpose of the devices is to give feedback on the extent to which the organization has achieved its objectives and ways to improve further.
Performance indicators show how well an enterprise performs and compares with industry standards, allowing you to know when you need to improve.
A Wholesale market is a place where retailers or wholesalers buy and sell large quantities of goods. A wholesale market offers a price advantage by offering discounts on large orders, or they may be a place where companies find products that they cannot find through normal retail channels.
The internet market is where the company’s products are sold. It is a very dynamic, fast-growing, and expanding industry. This sector’s number of new businesses has increased over time due to its flexibility, convenience, cost efficiency, and transparency compared to traditional methods like offline retail outlets or manufacturing.
The internet market varies markedly from one geographic region to another. Therefore, a firm should develop a clear and concise competitive strategy to be considered a regional market leader.
Advantages of the internet market
You can start your business from anywhere at any time with less capital requirement than in other industries such as manufacturing;
It is easier for customers to buy products online than visiting stores. They can easily search for and order products by giving their shipping address. The products are described in detail to create a good impression on the customer.
Since there aren’t any physical stores required (as opposed to malls), you don’t need vast amounts of space or staff either!
A company’s strategy is a plan to achieve both short-term and long-term goals. The company’s strategic plan articulates the company’s strategic vision and mission, defines the organization’s competitive advantage, addresses the company’s competitive environment, and identifies goals to achieve over time.
It also defines the company’s production strategic vision, such as plant capacity and location, workforce, and training strategy.
Return on Equity
In business, a return on equity (ROE) is the rate of return generated from a company’s investment in its assets. It’s calculated by finding the difference between a company’s profit, its total liabilities, and its total debt.
Return is the percentage return that investors receive relative to the amount invested in the company. Equity values are simply the company’s stock price divided by the assets minus liabilities.
A stock price is a measure of the value of a company’s shares, which can be considered a unit of ownership. The higher the stock price, the more valuable your investment in that company becomes.
The stock price changes according to a company’s financial performance and future outlook. Two main factors influence the stock price: demand and supply. The stock market is where most people invest their money through equity investment or buying stocks outright.
A business’s credit rating is the rating most industries, consumers, and investors use to evaluate their current financial condition. A company’s credit rating is based on several factors, such as its existing assets, debt levels, and operating history.
A company’s credit rating is an opinion given by at least one credit agency on the financial strength of a particular enterprise in the capitalist world. Lending institutions also use credit ratings when deciding whether they should lend their money to these enterprises.
An image rating is an ethical score that helps online shoppers evaluate the reputation of a particular business or product. It is a metric that measures the perceived reputation of a company. The extent to which an enterprise establishes its positive reputation can have far-reaching consequences when doing business with them.
The image rating will be based on the feedback from a set of questions about users’ impressions of the organization, including their trust and confidence, brand awareness, and relevance.
The geographic region of your company is where it is located in a particular location, and you want to know if it’s a good place for your business. It also includes where the company is selling its products, where the company is manufacturing, and where the company is sourcing its superior materials.
The closest competitors are the ones that are most similar to your business. They have the same value proposition, product or service, market segment, and business model as you do. If a competitor has a better product or service than yours at some point, it may become a threat for you if they can offer something better at a lower price than yours. You’ll want to discover why this is so important before making decisions about strategy development or marketing tactics!
This is a group of consumers that have similar needs. It’s a broad term and can include many distinct groups. The size of your market depends on the number of people in it and their requirements and preferences.
How big is the population? What percentage does it make up? How old are they? All these factors will help you determine how much money one person could spend on your product or service each year.
How many people buy from you out of all who might want to buy something like yours (or competitors)? If there are many competitors out there, your chances of success get smaller because more people will be able to buy from them instead!
Customers are an essential part of any enterprise. They’re the reason for its existence, growth, and success. If you don’t have clients, then there will be no reason for your enterprise to exist, grow, or succeed in any way – and therefore, no profits!
Consumers are also significant because they represent an opportunity. If they want something from you but can’t get it from anyone else (e.g., because of price), then it’s likely that other businesses’ products undervalue this product/service.
And so, by offering alternative products at low cost than those offered by competitors, you can increase your dominance while simultaneously reducing prices across all industries. You can also increase the profit margins per unit sold since fewer units will be sold due directly to low cost associated with adapting to such changes.
The sales section is where you’ll show how many units of a product were sold, how much money was made, the product’s demand, and how many consumers were served.
The cost of goods sold is the cost of the products you sell. This includes raw materials and other costs associated with getting your product to final consumers.
The cost of sales includes all money spent on acquiring new clients during a given period and accounting for any discounts or refunds received from existing clients who have not paid their bills in full or have returned products without authorization (or both).
The cost of services includes all money spent on maintaining existing customer relationships by providing customer support, training employees, etc. Still, it excludes any direct investment in developing new products or processes.
In business, understanding your competition is essential to helping your business thrive. The competition is not a single entity but rather a group of entities. The best way to identify and analyze a competitor in your business is to look at other companies selling similar products or services and facing pricing pressures from your competitors.
Lessons Learned from BSG Presentation
In a competitive business industry, companies must also be innovative and creative in their approach to promotion, advertising, and marketing plans. You can do this by developing a good BSG Presentation. The presentation should have more than one slide with the lessons learned about developing a strategy in detail.
The presentation should focus on what the managers and directors of a company should or should not do for a company to be financially and competitively successful in a head-to-head battle against the closest competitors.
BSG Presentation is developed in response to opportunities and threats within the firm’s geographic region, intended to be flexible and adaptive to shifting conditions, communicated explicitly throughout the organization, subject to continuous improvement, and essential for understanding how your strategy works in the marketplace.