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Business Strategy Game Help Forum / New Business Strategy Game
« Last post by WinBusinessStrategyGameTips on December 17, 2018, 02:07:19 PM »
A new version of the BSG Online has been released. I have renovated my website and forum and plan to be post new articles in regards to the new version of the business simulation game.
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What is your question?

That screen is not a simple answer. However the short answer is that you attempt to adjust your forecast so that it is more accurate.
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Glo-Bus Simulation Game Help Forum / Adjust Competitive Intensity
« Last post by HollyWood P on October 20, 2017, 08:30:21 PM »
Hi Y'all,

So my team and I have been slowly climbing the charts in our game. We're having a ton of confusion on how to use the "Adjust Competitive Intensity" chart.

If anyone can help it'll be much appreciated.

Thanks
Hlwd P
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The game reacts by shrinking the market. You can see this vividly by going to the sales forecast and typing in a new number of competitors.

The projections are misleading, as there is a change. Despite a competitor not having market share when they were in the game. The market is adjusted to having more players in the game, and therefore when a player is gone, the market shrinks to accommodate the new size of the industry.

Edit: Your professor has great control over the industry, while most profs don't do much as they don't understand the interface well. They can make the market grow or shrink at a whim, so there are cases when a company leaves, and the prof leaves the market as if they were still in the.

Generally this is not the case.
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Business Strategy Game Help Forum / Company leaving competition
« Last post by LastLaffer on July 08, 2017, 08:47:21 AM »
We had a company leave the game in the middle of competition. This company was already dead last by a large margin, running with prices double what than everyone else had, half of the star rating of everyone else, and held less than 1% of the market share in every region. It looks like they were trying to focus on the private label segment but it didn't work out very well. The admin removed this company between game years, and I noticed that my projected image rating dropped by 4 points after they were removed. I'm also expecting the industry averages of everything to take a big shift now that they're not there.

Has anybody ever had that happen? How does the game react after a wild competitor leaves? Having a company with no market share leave shouldn't make that much of a difference, but when entering my projections there is a big difference between using last year's numbers and updating them to the new averages.

We're dropping from 10 companies to 9, and we're going into Y15 in the sim.
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For those students who are playing the new version of Glo-Bus -Cameras and Drones. I have written a New Glo-Bus guide that will explain how to win.

I have also collected all the answers to New Glo-Bus Quiz 1 and 2.

Please email me for more details.
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It is not realistic to quantify the retailers you will lose by dropping below 40%. Where is the rest of the market? Are you just below 40% maybe at 45% or at 60%? All of these factors play a role, and you can't reliably say that you lose X retailers.

What is known is that you will lose retailers, whatever that amount is, and you will lose them faster the greater the disparity is.
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Business Strategy Game Help Forum / Dropping Internet Price
« Last post by Roadman on May 19, 2017, 07:08:19 AM »
I know internet price must be wholesale price plus 40%, dropping below that will cause you to lose retailers. The effect is not immediate and takes place a period after you see the benefits from the drop in internet price. I'm also aware that any strategy you try to implement to gain more retailers will take a few years to take effect.

I was wondering how many retailers you lose by dropping below 40%? Will you lose more retailers the further under 40% you drop your internet price? Or is it a fixed amount no matter how far you drop?

Cheers

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Business Strategy Game Help Forum / Re: Retail Support
« Last post by WinBusinessStrategyGameTips on May 01, 2017, 07:54:57 PM »
This subject has been debated by a few Champions. Some say it is better to match the industry average, some say it is better to do it at 1000 to 1500. Some say that you should do it at a lower value.

Retailer support is not extremely impactful in the context of the game in the sense it won't win it (a contentious statement in of itself). Some people do high retailer support which would lead to higher retailers and therefore higher sales. That's the process behind it.

I generally help companies who are in the dog house from the get go, and therefore do not have the time nor the resources to realize this, and for that I generally don't go with that strategy.

However, experts debate and there isn't one completely correct answer.
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