BSG tips 1. Buyback stock early 2. Long-term contracts w/ celebrities early 3. Look at competitions SQ and adjust to get good prices 4. Refinancing debt is important 5. Upgrade plants early bc it has cumulative effects 6. TQM six sigma = 2.50 7. Best practices = 5000 8. Models > SQ rating 9. Take out max loans the first few years due to good credit rating use to upgrade plants / expand then when rev increases buyback stock (latin America?) 10. After the business strategy game is run, buy excess capacity that all of the other teams sell. The number of excess capacity will be shown on the “Corporate Lobby” screen, and to buy it you just go to the “Plant Capacity” screen and click purchase capacity. The excess capacity should be purchased as soon as the amounts are listed before someone else does. Buying excess capacity that others are selling will cost you 20% less than if you had built plant capacity on your own 11. During the beginning of the business strategy game, it is important that you win bids in the “Private Label” screen. Your company is able to produce private label shoes at a fraction of the cost. In addition, if you are able to secure these markets you force your competitors out of the private label competition. Produce at the lowest S/Q rating for private label competition and make your bid price low so that it beats out everyone else (but so that you make a profit of at least $1.00 per pair of shoes). A winning strategy would be to produce enough pairs to supply 50% – 100% of the private label market for the geographic regions in which you are bidding 12. http://businessstrategygame.org/ 13. If you lose early weeks you can buy back stock cheaper 14. Don’t focus on dividends focus on raising the price of stock 15. Don’t worry about long-term only worry about till the end of the game 16.