Last Update January 30th, 2019
Business Strategy Game Quiz 1 primarily consists of two topics. The first topic is where the company starts out. The second topic is on how the bsg-online operates. The YouTube Video above covers both topics. You will find most of the Business Strategy Game Quiz 1 answers below. I recommend reading over them a few times and watching the video to familiarize yourself with the content. All BSG-Online quizzes are timed. Keep in mind, your quiz 1 results DO effect your overall Business Strategy Game grade. If you take your time and really do well on them, you’ll have more leeway to make errors in the game. You can also view the Quiz 1 SlideShare below.
Where your Athletic Footwear Company Starts out:
- Your company starts out with two factories. One in north America and the Second in Asia Pacific.
- The company currently sells shoes in North America, Latin America, Asia Pacific & Europe Africa.
- The market currently allows each company to sell an average of 4.84 million branded shoes and 800k private label shoes.
- Branded shoes will grow 5-7% in the first five years for North America and Europe then fall to 3-5% the next five years. In Asia Pacific & Latin America, branded shoes will grow 9-11% in the first five years and 7-9% the last five years.
- Private label is expected to grow 10% universally in the first five years and 8.5% during the next four years vary up to 2% due to competition levels.
- Your company can produce 6 million pairs of shoes during normal time and an additional 1.2 million if overtime is used.
- Shoes shipped from factories to distribution centers are subject to tariffs (according to region) and any exchange rate effects.
- Your factory’s workers are compensated through a base pay and incentive pay (not including defects) and overtime pay if applicable.
- Plant Upgrades:
- Upgrade A reduces defective pairs by 50%.
- Upgrade B cuts production run setup costs by 50%.
- Upgrade C increases SQ rating one star.
- Upgrade D increases worker productivity 25%.
Business Strategy Game Quiz 1 Game Mechanics:
- Your company’s score is based on:
- EPS (Earnings Per Share.)
- ROE (Return on Equity.)
- Stock Price.
- Credit Rating.
- Image Rating.
- Exchange rates are tied to real world rates based on:
- The U.S. Dollar.
- The Euro.
- The Brazilian Real.
- The Singapore Dollar.
- Your interest rate is determined by our credit rating. Your credit rating is determined by:
- Your default risk ratio.
- Your debt-asset ratio.
- Your interest coverage ratio.
- Factors that effect SQ Rating:
- Percentage of superior materials
- TQM & Best Practices.
- Styling and Features.
- Plant upgrade C.
- Factors effecting reject rates include:
- Plant Upgrade A.
- Your incentive pay.
- Best Practices training.
- TQM/Six Sigma.
- Model numbers available.
- Worker productivity is based on:
- Plant upgrade D.
- Incentive pay relational to other companies.
- Base pay relational to other companies.
- Best practices training relational to other companies.
- Standard and Superior material prices are based on demand-supply conditions within the game and pegged to real world prices.
- Your price competitiveness for a particular region is based on how you relate to the average price of all your competing companies.
As always, if you have any questions on the Business Strategy Game Quiz 1, please feel free to contact me. I try to answer all questions in a timely basis. If you desire to receive all of the secrets to my student’s successes in BSG you can learn more about our guide here.
42 comments… add one
Hi Dave
Thanks for this great site and advice….I’m looking for the link to or copy of the Quiz 1 slideshare you mention, but don’t see it anywhere on the Quiz 1 guide page…can you please send me this one to the email above aas well as the Quiz 2, if available….thanks
Hugh
I appreciate the comment Hugh. It’s finals time for me and I haven’t had the time to buff them out. I’d still love to help you with the quizzes though… if I sent you the notes would that suffice?
Let me know if you have any other Business Strategy Game questions!
Hi Dave
I purchased your guide (Order #778)
I am wondering if you can provide me Notes for Quiz 1 and 2.
Regards
Bhaskar
Hey Baskar,
Email me, and I’ll see if I can help you out.
Dave
Hi,
Are these all the questions for Quiz 1?
thanks
They are not, these are study notes to give you an idea of how to prepare for Quiz 1. If you need more help with your quiz, please email me.
Hi Dave. I’m looking for help with quiz 1 of the BSG. I saw you told everyone to email you when they asked for help with it so I figured I’d do so myself. Thank you.
Yes, please use the contact me button on my website and I will message you back.
Hello,
I have just started the BSG and I am wondering what factors affect market share of private label footwear?
Thanks,
Stacey
Many factors, such as quality, price, your letter in the alphabet (I’m not even kidding it breaks ties), how many shoes you ship, and lastly how big the market is.
What is the answers to BSG Quiz 1?
If you email me, I can help you further with your question.
AJ
How bout you do a lill work yourself. Dave gave a precise summary of 35 pages worth of material and all you got is, ‘Dude, whats the answers’!
I know it sounds corny, but if you’re a grad student – you should be ashamed to call yourself one.
smmfh!!!
It’s cool. I have study material, if people want the answers, I have those too.
Hi,
I was wondering if all the quiz 1 questions are different for each person who takes the quiz? or are they just in a different order?
Thanks for you help!
Laurel
They are different for each person, however they use a similar format. If you email me, I can help you further with your question.
I enrolled for a class this semester, to my surprise we have to login to glo-bus website to do the quiz. I have browse the pages and I have a forth coming quiz and assignment on this course.
I am just overwhelmed, can you assist /help with the quiz?
Sure please email me.
How many questions are on the BSG quiz 1?
20 questions.
Hi Dave , did you ever get the you tube presentation done for quiz 1 and 2. I really would like that information.
I got something better. Please email me.
Hi Dave,
Thank you for the huge effort representing these strategic questions.
I am kindly emailing you this to ask you for the answers to Quiz 1 questions.
Let me know if its possible to have them, that would be really helpful and much appreciated.
Thanks and Regards,
Ahmed Malibari
Yes, Please email me for my study guides.
looking for slideshows for quiz 1
thx man 🙂
Yes, Please email me for my study guides.
Hello I am taking a business class and have to complete BSG Quiz 1. Are there any additional resources you can share? Thank you
Yes, Please email me for my study guides.
I need help with the BSG quiz 1 and 2.
Yes, Please email me for my study guides.
Please help with the BSG quizzes. I am confused oh.
Yes, Please email me.
Do you have a template for the forecasting spreadsheet?
Thanks
Yes, it is with purchase of my guide.
Hi Dave, I am really worried about How to play BSG game as it is in one of my course. Will you help me out…
Please email me and I will try to help you.
Hello,
Where can I get the answers to quiz 1?
Please email me.
Can I please get questions to quiz 1
Please email me if you want help with the quiz questions.
Hi Dave!
Thanks for the tips. Do you have additional resources for Quiz 1?
I do. I tried emailing you, but your email doesn’t work.