['
BSG
', 'Game
', 'Tips
', 'In
', 'today’s
', 'education
', 'system,
', 'developing
', 'students
', 'with
', 'a
', 'high
', 'level
', 'of
', 'competencies
', 'and
', 'capabilities
', 'is
', 'a
', 'challenging
', 'task
', 'for
', 'every
', 'instructor.
', 'Graduates
', 'are
', 'expected
', 'to
', 'possess
', 'broad
', 'competencies
', 'like
', 'problem-solving,
', 'critical
', 'thinking,
', 'and
', 'cognitive
', 'skills
', 'when
', 'entering
', 'the
', 'job
', 'market.
', 'The
', 'world
', 'economic
', 'trends
', 'are
', 'changing
', 'fast
', 'creating
', 'more
', 'necessities
', 'for
', 'the
', 'students
', 'to
', 'develop
', 'the
', 'ability
', 'to
', 'be
', 'flexible,
', 'expert,
', 'and
', 'adaptable.
', 'This
', 'requires
', 'an
', 'overhaul
', 'of
', 'teaching
', 'practices
', 'and
', 'learning
', 'techniques
', 'that
', 'cater
', 'to
', 'the
', 'changing
', 'economic
', 'trends.
', 'The
', 'Business
', 'Strategy
', 'Game
', '(BSG)
', 'comes
', 'in
', 'handy
', 'as
', 'a
', 'realistic
', 'representation
', 'of
', 'the
', 'actual
', 'practices
', 'in
', 'a
', 'virtual
', 'setup.
', 'Students
', 'use
', 'the
', 'BSG
', 'to
', 'cultivate
', 'managerial
', 'skills
', 'for
', 'decision-making
', 'purposes.
', 'Several
', 'colleges
', 'and
', 'universities
', 'use
', 'the
', 'Business
', 'Strategy
', 'Game
', 'in
', 'teaching
', 'and
', 'learning
', 'strategic
', 'management
', 'at
', 'their
', 'schools
', 'of
', 'Business
', 'Management.
', 'What
', 'is
', 'the
', 'Business
', 'Strategy
', 'Game?
', 'Business
', 'Strategy
', 'Game
', 'is
', 'an
', 'online
', 'business
', 'simulation
', 'game
', 'where
', 'class
', 'members
', 'are
', 'grouped
', 'into
', 'teams
', 'and
', 'assigned
', 'the
', 'task
', 'of
', 'running
', 'an
', 'athletic
', 'footwear
', 'company
', 'in
', 'head-to-head
', 'competition
', 'against
', 'businesses
', 'managed
', 'by
', 'groups
', 'formed
', 'by
', 'other
', 'class
', 'members.
', 'The
', 'company
', 'operations
', 'run
', 'parallel
', 'to
', 'those
', 'of
', 'actual
', 'athletic
', 'footwear
', 'companies.
', 'Like
', 'in
', 'the
', 'real
', 'world,
', 'the
', 'BSG
', 'companies
', 'compete
', 'in
', 'the
', 'international
', 'market
', 'arena,
', 'selling
', 'branded
', 'and
', 'private-label
', 'athletic
', 'footwear
', 'in
', 'different
', 'geographic
', 'regions
', 'such
', 'as
', 'Europe-Africa,
', 'North
', 'America,
', 'Asia-Pacific,
', 'and
', 'Latin
', 'America.
', 'The
', 'BSG
', 'company
', 'co-managers
', 'must
', 'make
', 'decisions
', 'relating
', 'to
', 'plant
', 'operations,
', 'distribution
', 'and
', 'warehouse
', 'operations,
', 'workforce
', 'compensation,
', 'marketing,
', 'online
', 'sales
', 'at
', 'the
', 'company’s
', 'website,
', 'sales,
', 'and
', 'finance.
', 'However,
', 'the
', 'challenge
', 'is
', 'in
', 'crafting
', 'and
', 'executing
', 'a
', 'competitive
', 'strategy
', 'that
', 'delivers
', 'a
', 'respected
', 'brand
', 'image,
', 'keeping
', 'the
', 'company
', 'in
', 'contention
', 'for
', 'an
', 'international
', 'market
', 'leader,
', 'produce
', 'a
', 'good
', 'financial
', 'performance
', 'as
', 'that
', 'is
', 'measured
', 'by
', 'the
', 'earnings
', 'per
', 'share,
', 'return
', 'per
', 'share,
', 'return
', 'on
', 'investment,
', 'stock
', 'price
', 'appreciation,
', 'and
', 'credit
', 'rating.
', 'Each
', 'decision
', 'period
', 'in
', 'the
', 'BSG
', 'represents
', 'a
', 'year,
', 'and
', 'the
', 'company
', 'you
', 'will
', 'run
', 'began
', 'its
', 'operations
', '10
', 'years
', 'ago.
', 'Therefore,
', 'the
', 'first
', 'set
', 'of
', 'decisions
', 'your
', 'team
', 'of
', 'managers
', 'makes
', 'is
', 'for
', 'year
', '11.
', 'Once
', 'you
', 'get
', 'the
', 'Main
', 'Menu
', 'for
', 'running
', 'the
', 'company,
', 'a
', 'copy
', 'of
', 'the
', 'Year
', '10
', 'company
', 'reports,
', 'a
', 'summary
', 'of
', 'the
', 'footwear
', 'industry
', 'report
', 'for
', 'year
', '10,
', 'and
', 'competitive
', 'intelligence
', 'reports.
', 'This
', 'way,
', 'you
', 'get
', 'a
', 'clue
', 'on
', 'the
', 'actual
', 'standing
', 'of
', 'the
', 'company
', 'entering
', 'into
', 'year
', '11.
', 'The
', 'BSG
', 'generates
', 'the
', 'complete
', 'outcome
', 'of
', 'each
', 'year’s
', 'operations
', 'roughly
', '20
', 'minutes
', 'after
', 'each
', 'decision
', 'made
', 'around
', 'the
', 'deadline.
', 'As
', 'such,
', 'your
', 'views
', 'and
', 'analysis
', 'of
', 'the
', 'information
', 'in
', 'the
', 'latest
', 'Company
', 'Reports,
', 'in
', 'Footwear
', 'Industry
', 'Report,
', 'and
', 'the
', 'Competitive
', 'Intelligence
', 'Reports
', 'will
', 'serve
', 'as
', 'the
', 'basis
', 'for
', 'agreeing
', 'upon
', 'any
', 'strategy
', 'changes
', 'or
', 'making
', 'a
', 'revised
', 'set
', 'of
', 'decisions
', 'for
', 'the
', 'following
', 'year.
', 'Benefits
', 'of
', 'Business
', 'Strategy
', 'Game
', 'The
', 'Business
', 'Strategy
', 'Game
', 'provides
', 'your
', 'team
', 'with
', 'the
', 'opportunity
', 'to
', 'discuss
', 'the
', 'real
', 'business
', 'issues
', 'while
', 'working
', 'together
', 'to
', 'assess
', 'the
', 'options
', 'and
', 'make
', 'decisions
', 'linked
', 'to
', 'the
', 'overall
', 'company
', 'strategy.
', 'Besides,
', 'your
', 'team
', 'of
', 'managers
', 'will
', 'develop
', 'the
', 'critical
', 'thinking
', 'they
', 'need
', 'to
', 'move
', 'beyond
', 'the
', 'functional
', 'management
', 'of
', 'the
', 'company
', 'as
', 'a
', 'whole.
', 'Your
', 'team
', 'will
', 'experience
', 'the
', 'challenge
', 'of
', 'coming
', 'up
', 'with
', 'a
', 'successful
', 'strategy,
', 'especially
', 'when
', 'frequently
', 'faced
', 'with
', 'changing
', 'competitive
', 'business
', 'environment.
', 'If
', 'your
', 'team
', 'faces
', 'these
', 'kinds
', 'of
', 'challenges,
', 'seeking
', 'BSG
', 'help
', 'online
', 'could
', 'be
', 'the
', 'best
', 'option.
', 'Besides,
', 'your
', 'team
', 'will
', 'have
', 'the
', 'opportunity
', 'to
', 'translate
', 'a
', 'high-level
', 'conceptual
', 'strategy
', 'into
', 'concrete
', 'actions
', 'for
', 'the
', 'company
', 'and
', 'team
', 'while
', 'developing
', 'their
', 'decision-making
', 'skills.
', 'An
', 'ingenious
', 'business
', 'strategy
', 'for
', 'your
', 'team
', 'will
', 'help
', 'your
', 'team
', 'members
', 'to
', 'appreciate
', 'the
', 'significance
', 'of
', 'the
', 'strategy,
', 'identify
', 'the
', 'kinds
', 'of
', 'trade-offs
', 'needed,
', 'and
', 'demonstrating
', 'that
', 'with
', 'limited
', 'resources,
', 'not
', 'every
', 'project
', 'can
', 'be
', 'pursued.
', 'Your
', 'team
', 'members
', 'will
', 'realize
', 'that
', 'the
', 'final
', 'decision
', 'usually
', 'involves
', 'compromising
', 'between
', 'what
', 'is
', 'needed
', 'for
', 'the
', 'overall
', 'company
', 'and
', 'personal
', 'preferences.
', 'Moreover,
', 'the
', 'key
', 'is
', 'a
', 'rational
', 'debate
', 'with
', 'a
', 'compromise
', 'for
', 'everyone
', 'to
', 'understand
', 'why
', 'the
', 'decision
', 'is
', 'taken
', 'and
', 'commit
', 'to
', 'make
', 'it
', 'a
', 'success.
', 'If
', 'you
', 'are
', 'looking
', 'for
', 'your
', 'team’s
', 'strategy
', 'to
', 'be
', 'a
', 'success,
', 'then
', 'creation
', 'is
', 'the
', 'first
', 'step.
', 'Moreover,
', 'your
', 'strategy
', 'needs
', 'to
', 'be
', 'actively
', 'communicated
', 'to
', 'each
', 'level
', 'of
', 'management
', 'regularly.
', 'This
', 'way,
', 'it
', 'becomes
', 'a
', 'living
', 'guide
', 'for
', 'decision-making
', 'for
', 'the
', 'entire
', 'company.
', 'How
', 'to
', 'Win
', 'Business
', 'Strategy
', 'Game
', 'To
', 'win
', 'BSG
', 'game
', 'simulation,
', 'you
', 'need
', 'to
', 'follow
', 'some
', 'ingenious
', 'tips
', 'that
', 'are
', 'essential
', 'business
', 'strategy
', 'game
', 'tips
', 'that
', 'your
', 'team
', 'should
', 'focus
', 'on:
', 'Look
', 'for
', 'price
', 'elasticity
', ':
', 'In
', 'the
', 'Business
', 'Strategy
', 'Game,
', 'the
', 'demand
', 'is
', 'dependent
', 'on
', 'the
', 'price
', 'ranges
', 'and
', 'not
', 'on
', 'any
', 'personal
', 'values.
', 'Therefore,
', 'after-sales
', 'forecast,
', 'check
', 'whether
', 'the
', 'changing
', 'wholesale
', 'and
', 'internet
', 'prices
', 'of
', 'the
', 'shoes
', 'affect
', 'the
', 'demand
', 'of
', 'customers.
', 'Check
', 'for
', 'celebrity
', 'and
', 'private
', 'label
', 'bids
', ':
', 'To
', 'improve
', 'the
', 'chances
', 'of
', 'winning
', 'BSG,
', 'consider
', 'improving
', 'your
', 'marketing
', 'strategies
', 'through
', 'bidding
', 'for
', 'celebrities.
', 'Making
', 'random
', 'amounts
', 'of
', 'bids
', 'to
', 'increase
', 'your
', 'chances
', 'of
', 'winning
', 'the
', 'bid.
', 'Purchase
', 'more
', 'stocks
', 'in
', 'the
', 'initial
', 'stages
', ':
', 'It
', 'is
', 'crucial
', 'to
', 'be
', 'alert
', 'and
', 'reap
', 'the
', 'most
', 'in
', 'the
', 'early
', 'stages
', 'of
', 'your
', 'BSG
', 'simulation
', 'game
', '.
', 'To
', 'assert
', 'your
', 'financial
', 'benchmark,
', 'buy
', 'as
', 'many
', 'stocks
', 'as
', 'possible
', 'since
', 'the
', 'stock
', 'prices
', 'tend
', 'to
', 'be
', 'low
', 'at
', 'the
', 'start.
', 'Make
', '3-year
', 'financial
', 'projections
', ':
', 'You
', 'can
', 'be
', 'penalized
', 'more
', 'if
', 'you
', 'fail
', 'to
', 'make
', '3-year
', 'financial
', 'projections.
', 'Besides,
', 'if
', 'you
', 'remain
', 'spot
', 'on
', 'with
', 'credit
', 'ratings,
', 'you
', 'stand
', 'a
', 'chance
', 'to
', 'continue
', 'getting
', 'benefits
', 'for
', 'it
', 'for
', 'longer.
', 'Bid
', 'for
', 'long-term
', 'contract
', 'celebrities
', 'at
', 'initial
', 'stages
', ':
', 'When
', 'you
', 'approach
', 'halfway
', 'of
', 'the
', 'game,
', 'you
', 'will
', 'find
', 'that
', 'celebrity
', 'competition
', 'is
', 'increasing.
', 'As
', 'such,
', 'you
', 'need
', 'to
', 'take
', 'advantage
', 'of
', 'the
', 'early
', 'stages
', 'and
', 'focus
', 'on
', 'getting
', 'celebrities
', 'with
', 'long-term
', 'contracts.
', 'Always
', 'try
', 'to
', 'predict
', 'the
', 'material
', 'prices
', ':
', 'As
', 'you
', 'progress
', 'in
', 'your
', 'simulation
', 'game,
', 'ensure
', 'to
', 'be
', 'predicting
', 'the
', 'material
', 'prices.
', 'In
', 'the
', 'BSG,
', 'the
', 'price
', 'of
', 'standard
', 'and
', 'superior
', 'materials
', 'is
', 'determined
', 'by
', 'aspects
', 'like
', 'supply
', 'and
', 'demand.
', 'Re-finance
', 'the
', 'loans
', ':
', 'Working
', 'with
', 'a
', 'successful
', 'strategy
', 'in
', 'the
', 'BESG
', 'online
', 'simulation,
', 'it
', 'is,
', 'without
', 'doubt,
', 'you
', 'may
', 'be
', 'having
', 'some
', 'debts.
', 'As
', 'such,
', 'always
', 'be
', 'alert
', 'to
', 'finding
', 'opportunities
', 'to
', 're-finance
', 'your
', 'outstanding
', 'debts
', 'to
', 'ensure
', 'increased
', 'cash
', 'flow.
', 'Work
', 'on
', 'sales
', 'forecast
', ':
', 'Maximize
', 'the
', 'entries
', 'and
', 'toggle
', 'the
', 'value
', 'until
', 'you
', 'attain
', 'the
', 'maximum
', 'profit
', 'is
', 'possible
', 'for
', 'any
', 'particular
', 'entry.
', 'You
', 'can
', 'do
', 'this
', 'by
', 'focusing
', 'more
', 'on
', 'sales
', 'forecast.
', 'In
', 'the
', 'Business
', 'Strategy
', 'game,
', 'don’t
', 'bother
', 'too
', 'much
', 'about
', 'the
', 'market
', 'share
', 'but
', 'concentrate
', 'on
', 'profits.
', 'Business
', 'Strategy
', 'Game
', 'simulation
', 'isn’t
', 'easy
', 'to
', 'win,
', 'but
', 'if
', 'you
', 'work
', 'with
', 'these
', 'ingenious
', 'tips,
', 'you
', 'can
', 'make
', 'profits
', 'and
', 'win
', 'your
', 'BSG
', 'game
', 'without
', 'a
', 'hassle.
', 'Moreover,
', 'you
', 'can
', 'benefit
', 'from
', 'Business
', 'strategy
', 'game
', 'help
', 'where
', 'professional
', 'BSG
', 'players
', 'have
', 'many
', 'years
', 'of
', 'experience.
', 'BSG
', 'Game
', 'Tips
', 'Winning
', 'your
', 'Business
', 'Strategy
', 'Game
', 'is
', 'not
', 'easy
', 'as
', 'it
', 'involves
', 'wide-ranging
', 'decisions
', 'on
', 'various
', 'aspects
', 'of
', 'the
', 'company’s
', 'operations.
', 'However,
', 'with
', 'effective
', 'BSG
', 'simulation
', 'tips,
', 'you
', 'can
', 'keep
', 'your
', 'company
', 'ahead
', 'of
', 'the
', 'competition.
', 'While
', 'competing
', 'with
', 'the
', 'other
', 'teams
', 'in
', 'BSG,
', 'you
', 'need
', 'to
', 'make
', 'informed
', 'decisions
', 'that
', 'can
', 'create
', 'a
', 'difference
', 'and
', 'take
', 'your
', 'team
', 'ahead
', 'of
', 'all.
', 'So,
', 'how
', 'can
', 'you
', 'win
', 'the
', 'BSG
', 'game?
', 'Begin
', 'the
', 'Game
', 'as
', 'a
', 'Professional
', 'As
', 'the
', 'CEO,
', 'you
', 'need
', 'the
', 'support
', 'of
', 'the
', 'other
', 'company
', 'managers.
', 'Team
', 'members
', 'run
', 'the
', 'simulation
', 'company
', 'efficiently
', 'while
', 'competing
', 'successfully.
', 'For
', 'this
', 'reason,
', 'you
', 'and
', 'your
', 'team
', 'members
', 'need
', 'to
', 'start
', 'the
', 'BSG
', 'by
', 'spending
', 'more
', 'time
', 'analyzing
', 'the
', 'results
', 'of
', 'each
', 'year
', 'to
', 'figure
', 'out
', 'the
', 'best
', 'effective
', 'strategies
', 'to
', 'lay
', 'for
', 'the
', 'next
', 'round
', 'of
', 'the
', 'game.
', '·
', 'First
', 'Round
', '(Year
', '11)
', 'Most
', '
players
', '
play
', 'hard
', 'from
', 'the
', 'first
', 'round,
', 'thus
', 'increasing
', 'S/Q,
', 'the
', 'number
', 'of
', 'models,
', 'reduce
', 'the
', 'price,
', 'putting
', 'for
', 'advertisement
', 'three
', 'times
', 'higher
', 'than
', 'average,
', 'and
', 'bidding
', 'for
', 'celebrities.
', 'On
', 'the
', 'other
', 'hand,
', 'other
', 'players
', 'gamble
', 'for
', 'the
', 'private
', 'market
', 'with
', 'a
', 'high
', 'price,
', 'a
', 'large
', 'volume
', 'to
', 'lead.
', 'Regardless
', 'of
', 'what
', 'the
', 'other
', 'competitors
', 'do
', 'in
', 'Year
', '11,
', 'your
', 'focus
', 'should
', 'be
', 'winning.
', 'However,
', 'if
', 'you
', 'loose
', 'and
', 'the
', 'share
', 'price
', 'will
', 'go
', 'down.
', 'This
', 'way,
', 'you
', 'end
', 'up
', 'buying
', 'the
', 'share
', 'at
', 'a
', 'lower
', 'price.
', 'That
', 'is
', 'overall
', 'good.
', 'But
', 'you
', 'need
', 'to
', 'identify
', 'your
', 'strategy
', 'first
', 'in
', 'the
', 'following
', 'three
', 'aspects:
', 'Quality
', 'S/Q
', 'Number
', 'model
', 'Lower
', 'cost
', '(lower
', 'price)
', 'How
', 'can
', 'you
', 'identify
', 'your
', 'strategy?
', 'It
', 'is
', 'quite
', 'simple.
', 'Spend
', 'at
', 'least
', '30
', 'minutes
', 'to
', 'learn
', 'every
', 'screen
', 'of
', 'decision
', ':
', 'This
', 'way,
', 'you
', 'can
', 'be
', 'sure
', 'to
', 'put
', 'your
', 'ideas
', 'into
', 'the
', 'screen.
', 'Regardless
', 'of
', 'what
', 'you
', 'want
', 'with
', 'your
', 'business
', 'strategies,
', 'do
', 'it.
', 'However,
', 'make
', 'sure
', 'you
', 'do
', 'it
', 'correctly
', 'on
', 'the
', 'software.
', 'Spend
', 'an
', 'additional
', '30
', 'minutes
', 'to
', 'read
', 'and
', 'understand
', 'reports
', ':
', 'Understanding
', 'the
', 'reports
', 'allow
', 'you
', 'to
', 'be
', 'informed
', 'when
', 'making
', 'decisions
', 'for
', 'the
', 'next
', 'rounds.
', 'The
', 'business
', 'strategy
', 'game
', 'is
', 'very
', 'competitive,
', 'so
', 'start
', 'your
', 'fights
', 'right
', 'from
', 'round
', 'one
', 'and
', 'fight
', 'hard
', 'if
', 'you
', 'want
', 'to
', 'win.
', 'In
', 'the
', 'BSG
', 'game,
', 'you
', 'should
', 'have
', 'objectives,
', 'becoming
', 'the
', 'top,
', 'the
', 'leading
', 'group,
', 'and
', 'the
', 'other
', 'improving
', 'the
', 'outcomes
', 'of
', 'each
', 'game
', 'you
', 'play.
', 'The
', 'least
', 'make
', 'more
', 'profits
', 'after
', 'every
', 'game
', 'and
', 'not
', 'getting
', 'into
', 'bankruptcy
', 'after
', 'few
', 'rounds
', 'of
', 'play.
', '·
', 'Round
', '2
', 'to
', 'Round
', '10
', '(Year
', '12
', 'to
', 'Final
', 'Year
', '20)
', 'From
', 'round
', '2,
', 'there
', 'is
', 'a
', 'risk
', 'that
', 'other
', 'groups
', 'can
', 'set
', 'the
', 'same
', 'strategy
', 'with
', 'the
', 'winner
', '–
', 'can
', 'be
', 'you.
', 'More
', 'than
', 'two
', 'groups
', 'following
', 'the
', 'same
', 'strategy
', 'suffer
', 'the
', 'same
', 'difficulties
', 'since
', 'they
', 'create
', 'direct
', 'competition
', 'among
', 'their
', 'target
', 'market.
', 'That
', 'is
', 'regardless
', 'of
', 'the
', 'low
', 'price,
', 'high
', 'quality,
', 'or
', 'variety
', 'of
', 'models.
', 'Keep
', 'in
', 'mind
', 'that
', 'you
', 'are
', 'managing
', 'a
', 'multi-national
', 'company,
', 'and
', 'shareholders
', 'are
', 'not
', 'interested
', 'in
', 'dividends
', 'but
', 'the
', 'stock
', 'price.
', 'Therefore,
', 'ensure
', 'your
', 'profit
', 'increases
', 'after
', 'every
', 'round
', 'to
', 'make
', 'the
', 'game
', 'better
', 'and
', 'for
', 'real
', 'business.
', 'Apply
', 'the
', 'Theory
', 'inside
', 'You
', 'Winning
', 'the
', 'BSG
', 'game
', 'is
', 'essential.
', 'Should
', 'you
', 'win,
', 'it
', 'would
', 'mean
', 'your
', 'tips
', 'are
', 'more
', 'favorable,
', 'and
', 'your
', 'competitors
', 'may
', 'learn
', 'from
', 'you.
', 'Nonetheless,
', 'learning
', 'from
', 'your
', 'and
', 'other
', 'groups’
', 'failures
', 'is
', 'also
', 'necessary.
', 'As
', 'such,
', 'you
', 'can
', 'play
', 'the
', 'game
', 'frequently,
', 'any
', 'time
', 'you
', 'get
', 'it
', 'interesting.
', 'Even
', 'so,
', 'how
', 'can
', 'you
', 'apply
', 'the
', 'business
', 'strategy
', 'knowledge
', 'and
', 'skills
', 'in
', 'the
', 'game?
', 'Do
', 'that
', 'by
', 'answering
', 'the
', 'following
', 'questions?
', 'What
', 'are
', 'the
', 'core
', 'competitive
', 'advantages?
', 'What
', 'are
', 'the
', 'niche
', 'markets
', 'that
', 'your
', 'competitors
', 'don’t
', 'see?
', 'What
', 'is
', 'the
', 'low-cost
', 'strategy?
', 'What
', 'is
', 'the
', 'high-quality
', 'strategy?
', 'What
', 'is
', 'the
', 'company’s
', 'differentiation
', 'strategy?
', 'How
', 'can
', 'the
', 'company
', 'lead
', 'the
', 'market
', 'in
', '10
', 'years?
', 'How
', 'can
', 'the
', 'company
', 'defend
', 'the
', 'position
', 'if
', 'you
', 'are
', 'leading?
', 'How
', 'can
', 'the
', 'company
', 'overcome
', 'tough
', 'competitors
', 'who
', 'seem
', 'to
', 'know
', 'most
', 'of
', 'the
', 'things
', 'you
', 'know?
', 'How
', 'can
', 'the
', 'company
', 'jump
', 'over
', 'other
', 'competitors?
', 'How
', 'can
', 'you
', 'apply
', 'the
', 'knowledge
', 'from
', 'the
', 'textbooks?
', 'How
', 'can
', 'you
', 'apply
', 'the
', 'ancient
', 'wise
', 'in
', 'the
', 'Arts
', 'of
', 'War
', 'of
', 'Sun
', 'Tzu?
', 'How
', 'can
', 'we
', 'apply
', 'the
', 'wisdom
', 'of
', 'strategies
', 'like
', 'Cao
', 'Cao
', 'to
', 'Professors
', 'Peter
', 'Drunker,
', 'Igor
', 'Ansoff,
', 'Philip
', 'Selznick,
', 'James
', 'Collins,
', 'Bruce
', 'Handerson,
', 'Michael
', 'Porter,
', 'and
', 'Alfred
', 'Chandler,
', 'among
', 'others?
', 'Know
', 'the
', 'Game,
', 'Your
', 'Competitors,
', 'and
', 'Know
', 'You
', 'The
', 'following
', 'tips
', 'can
', 'help
', 'you
', 'get
', 'around
', 'the
', 'BSG
', 'and
', 'possibly
', 'be
', 'the
', 'winner.
', 'Know
', 'your
', 'strategy
', 'You
', 'can
', 'know
', 'your
', 'strategy
', 'in
', 'several
', 'ways.
', 'These
', 'include;
', 'Check
', 'the
', 'Competitive
', 'Intelligent
', 'Report.
', 'Keeping
', 'track
', 'of
', 'the
', 'closest
', 'competitor
', 'you
', 'would
', 'like
', 'to
', 'get
', 'ahead
', 'of,
', 'check
', 'their
', 'price,
', 'S/Q,
', 'and
', 'other
', 'things
', 'like
', 'celebrities,
', 'advertising,
', 'plant
', 'capacities,
', 'and
', 'bidding
', 'price.
', 'Try
', 'to
', 'move
', 'away
', 'from
', 'your
', 'competitors
', 'if
', 'they
', 'are
', 'applying
', 'the
', 'same
', 'strategy.
', 'Keep
', 'Costs
', 'Low
', 'Lowering
', 'the
', 'costs
', 'come
', 'with
', 'lots
', 'of
', 'benefits.
', 'You
', 'can
', 'lower
', 'the
', 'costs
', 'by
', 'increasing
', 'training
', 'and
', 'upgrading
', 'facilities.
', 'This
', 'way,
', 'you
', 'will
', 'save
', 'more
', 'money
', 'while
', 'getting
', 'a
', 'high
', 'S/Q.
', 'Besides,
', 'you
', 'don’t
', 'have
', 'to
', 'spend
', 'more
', 'on
', 'high-quality
', 'materials.
', 'Don’t
', 'forget
', 'to
', 'upgrade
', 'your
', 'plants
', 'as
', 'a
', 'strategy.
', 'Keep
', 'Track
', 'of
', 'Profits
', 'Whenever
', 'you
', 'change
', 'and
', 'sharpen
', 'any
', 'decisions,
', 'you
', 'should
', 'keep
', 'track
', 'of
', 'your
', 'net
', 'profits.
', 'However,
', 'if
', 'you
', 'need
', 'a
', 'few
', 'points
', 'for
', 'the
', 'image,
', 'consider
', 'using
', 'the
', 'Corporate
', 'Citizenship
', 'but
', 'take
', 'note
', 'of
', 'the
', 'expenses.
', 'Also,
', 'consider
', 'workforce
', 'diversity
', 'and
', 'ethics
', 'training.
', 'Upgrade
', 'Current
', 'Plants
', 'The
', 'S/Q
', 'upgrade
', 'is
', 'the
', 'best
', 'option
', 'if
', 'you
', 'choose
', 'high-quality
', 'strategies,
', 'while
', 'setup
', 'cost
', 'reduction
', 'is
', 'ideal
', 'if
', 'you
', 'decide
', 'to
', 'have
', 'several
', 'models.
', 'Should
', 'you
', 'consider
', 'selling
', 'a
', 'factory,
', 'don’t
', 'upgrade
', 'it
', 'because
', 'you
', 'will
', 'lose
', 'that
', 'investment.
', 'Know
', 'Your
', 'Competitors
', 'The
', 'most
', 'crucial
', 'thing
', 'is
', 'the
', 'find
', 'out
', 'what
', 'prices
', 'your
', 'competitors
', 'have.
', 'If
', 'you
', 'set
', 'your
', 'price
', 'lower,
', 'you
', 'will
', 'sell
', 'more
', 'but
', 'lose
', 'due
', 'to
', 'low
', 'profits.
', 'Focus
', 'on
', 'a
', 'Strategy
', 'You
', 'can
', 'win
', 'the
', 'game
', 'if
', 'you
', 'follow
', 'the
', 'High
', 'quality
', 'and
', 'the
', 'Low
', 'number
', 'of
', 'models.
', 'You
', 'can
', 'also
', 'win
', 'if
', 'you
', 'settle
', 'for
', 'Mid
', 'quality
', 'and
', 'a
', 'High
', 'number
', 'of
', 'models.
', 'These
', 'strategies
', 'are
', 'easy
', 'to
', 'see
', 'in
', 'the
', 'real
', 'world
', 'of
', 'business.
', 'Do
', 'not
', 'focus
', 'too
', 'much
', 'on
', 'the
', 'market
', 'share
', 'but
', 'focus
', 'more
', 'on
', 'profits.
', 'Control
', 'the
', 'Private
', 'Label
', 'Market
', 'Should
', 'you
', 'have
', 'excess
', 'capacity,
', 'consider
', 'this
', 'market
', 'and
', 'manufacture
', 'at
', 'full
', 'capacity.
', 'Besides,
', 'you
', 'can
', 'lower
', 'the
', 'cost
', 'per
', 'pair
', 'of
', 'shoes.
', 'Moreover,
', 'consider
', 'the
', 'best
', 'margin
', 'for
', 'this
', 'market
', 'and
', 'ensure
', 'you
', 'can
', 'have
', 'the
', 'contract.
', 'But
', 'keep
', 'in
', 'mind
', 'the
', 'risk
', 'of
', 'jumping
', 'up
', 'or
', 'going
', 'down
', 'with
', 'the
', 'high
', 'bid
', 'price.
', 'Always
', 'check
', 'the
', 'market
', 'snapshot
', 'and
', 'the
', 'private-label
', 'segment.
', 'Optimization
', 'Optimizations
', 'are
', 'the
', 'last
', 'task
', 'you
', 'can
', 'do
', 'before
', 'finalizing
', 'each
', 'year.
', 'Go
', 'up
', 'and
', 'down
', 'each
', 'decision
', 'a
', 'couple
', 'of
', 'times
', 'to
', 'get
', 'the
', 'optimal
', 'profits.
', 'For
', 'instance,
', 'you
', 'can
', 'change
', 'the
', 'Industry
', 'Average
', 'to
', '+2%
', 'or
', '+4%
', 'to
', 'attain
', 'the
', 'optimal.
', 'You
', 'can
', 'also
', 'ensure
', 'the
', 'S/Q
', 'since
', 'it
', 'is
', 'the
', 'first
', 'decision.
', 'Also,
', 'make
', 'decisions
', 'about
', 'the
', 'number
', 'of
', 'models,
', 'then
', 'the
', 'price.
', 'These
', 'are
', 'the
', 'three
', 'most
', 'crucial
', 'decisions
', 'to
', 'make
', 'in
', 'the
', 'game.
', 'Moreover,
', 'this
', 'may
', 'be
', 'a
', 'lesson
', 'in
', 'the
', 'real
', 'world
', 'of
', 'business
', 'as
', 'everything
', 'comes
', 'with
', 'quality,
', 'models,
', 'and
', 'price.
', 'Branded
', 'Production
', 'Here,
', 'you
', 'have
', 'to
', 'tie
', 'materials,
', 'styles,
', 'or
', 'features
', 'and
', 'TQM
', 'until
', 'you
', 'attain
', 'the
', 'desired
', 'S/Q.
', 'Besides,
', 'you
', 'can
', 'set
', 'best
', 'practice
', 'training
', 'high,
', 'maybe
', 'at
', '5.000.
', 'The
', 'styles
', 'or
', 'features
', 'can
', 'be
', 'at
', '50,
', 'while
', 'the
', 'TQM
', 'can
', 'be
', 'set
', 'at
', '2.50.
', 'Keep
', 'in
', 'mind
', 'to
', 'check
', 'your
', 'profits
', 'and
', 'ensure
', 'they
', 'get
', 'as
', 'high
', 'as
', 'possible.
', 'Branded
', 'Distribution
', 'In
', 'the
', 'first
', 'year
', '(Year
', '11),
', 'you
', 'only
', 'have
', 'two
', 'factories,
', 'and
', 'you
', 'need
', 'to
', 'distribute
', 'to
', 'four
', 'markets.
', 'Look
', 'at
', 'the
', 'demand
', 'for
', 'each
', 'market,
', 'then
', 'divide
', 'each
', 'plant
', 'supply
', 'for
', 'each
', 'regional
', 'market.
', 'Celebrities
', '(Get
', 'at
', 'least
', 'One)
', 'Find
', 'out
', 'how
', 'much
', 'you
', 'want
', 'to
', 'bid
', 'for
', 'each
', 'celebrity.
', 'You
', 'can
', 'do
', 'this
', 'by
', 'checking
', 'the
', 'bid
', 'prices
', 'for
', 'the
', 'previous
', 'year.
', 'However,
', 'keep
', 'track
', 'of
', 'profit
', 'since
', 'you
', 'are
', 'cutting
', 'from
', 'the
', 'profit
', 'for
', 'PR
', 'products.
', 'To
', 'this
', 'point,
', 'you
', 'are
', 'set
', 'to
', 'dominate
', 'your
', 'industry
', 'and
', 'win
', 'the
', 'Business
', 'Strategy
', 'game.
', 'With
', 'that,
', 'you
', 'can
', 'do
', 'the
', 'same
', 'over
', 'and
', 'over
', 'again,
', 'for
', 'every
', 'decision
', 'round.
', 'However,
', 'you
', 'must
', 'tie
', 'your
', 'values
', 'and
', 'settle
', 'for
', 'the
', 'best
', 'combination
', 'to
', 'optimize
', 'your
', 'net
', 'profit.
', 'Profit
', 'is
', 'crucial
', 'in
', 'the
', 'BSG
', 'game.
', 'However,
', 'if
', 'you
', 'experience
', 'difficulty
', 'winning
', 'your
', 'game,
', 'type
', '‘Help
', 'with
', 'My
', 'BSG.’
', 'You
', 'will
', 'get
', 'professional
', 'from
', 'BSG
', 'game
', 'help.
', '1,225
', 'total
', 'views
']