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B-Students Achieve Ranking in World Competition

Apr 15, 2014

Congratulations are in order for students in your class who earned a Global Top 100 ranking for their company’s GLO-BUS performance during the week of 7-Apr-14 through 13-Apr-14.

The co-managers of Digitally Enhanced (Company D) earned a Global Top 100 ranking on the following performance criteria:

Overall Game-To-Date Score - Their Overall Game-To-Date Score of 110.0 tied for the best Overall Game-To-Date Score performance of the week, worldwide!

You should be quite proud of your students for such an excellent performance — a performance that reflects quite well on you and the caliber of instruction that students are receiving in your course. View the Global Top 100 lists for the most recent week. View the Global Top 100 lists for the week of 7-Apr-14 through 13-Apr-14.

Each Monday we compile lists of the prior week’s best-performing companies worldwide based on each of four measures: Overall Score (current year), Earnings Per Share, Return On Average Equity, and Stock Price.

Congratulations once again to you and your students and thank you for using GLO-BUS in your class. As always, please call or e-mail if you have any questions or any suggestions for improving the simulation.

Best regards from the GLO-BUS author team,

This spring, McGraw-Hill Publishing announced that a team of students from Bemidji State University placed in sixth place worldwide in overall score for their participation in the business simulation, The Business Strategy Game or BSG-Online.  This computer based competition is modeled to reflect the real-world character of the globally competitive athletic footwear industry.  Student teams run simulated companies in competition both with their classmates and with teams of students from other universities.  Company operations simulate cause-effect relationships and revenue-cost-profit relationships based on global market and economic principles.  All aspects of The Business Strategy Game mirror the competitive functioning of the athletic footwear industry.  The student team’s performance reflects their leadership skills, collaboration & teamwork, financial analysis & management, operations management, marketing management, human resources management, and strategic analysis & planning.

Every year 200 to 300 universities from all over the world participate in the simulation, including teams from other MnSCU universities as well as the University of Minnesota and the University of Wisconsin (i.e., over 1,000 teams per semester are competing).  Each week during the semester the student teams enter their business-based tactical and strategic decisions, representing a simulated year of business operations.  The BSG-Online staff calculates five key performance measures (i.e., earnings per share, return on equity, stock price, credit rating, and image rating or customer perception of product quality) which are in turn used to calculate an overall investor confidence score for each student company.