The Global Business Simulation Strategy Game – Glo-Bus Quiz Answers, Glo-Bus Chapter Quiz Answers

The Global Business Simulation Strategy Game – Glo – Bus Quiz Answers
If you’re in a business strategy class, you may be taking the Global Business Simulation Strategy Game, or for short, “Glo-Bus”. You will most likely be taking two quizzes in this course, Glo-Bus Quiz 1, and Glo-Bus Quiz 2 which are very hard to answer. Both quizzes will go over concept basics of the game, and especially Quiz 2 can have very difficult questions. Many of the questions are financial based. Here’s one example question that you will most likely get.

Given the following Financial Statement data:
Income Statement Data Quarter 1
(in 000s)
Sales Revenues $50,000
Operating Profit $14,400
Net Income $9,555
Balance Sheet Data
Total Current Assets $70,000
Total Assets $149,000
Total Current Liabilities $26,000
L-T Debt (draw against credit line) $33,000
Total Equity $90,000
Other Financial Data
Depreciation $4,000
Dividend payments $2,250
Based on the above figures, the company’s capital structure consists of what debt and equity percentages? (These percentages are one of the components used in determining the company’s credit rating, as explained on the Help screen for the Comparative Financial Performance page of the GSR.)
Here are the 5 answers.
20% debt and 80% equity or 20:80.
27% debt and 73% equity or 27:73.
35% debt and 65% equity or 35:65.
37% debt and 63% equity or 37:63.
None of these.

So to answer this question, we must look at this income statement and conclude what debt and equity is.
Total Equity shows itself at $90,000, so that’s easy.
But the real hard part is deciphering what debt is. Believe it or not, but current liabilities isn’t part of “debt”. And that’s a mistake that people make.

So debt is simply Long term debt at $33,000 But then what?
To figure out the correct ratio, the formula for debt ratio= debt/(debt+equity)
[And for note the equity ratio=equity/(debt+equity)]

Or therefore 33,000/(33,000+90,000)=.268 or what equals 27%. Therefore the debt ratio is 27%, and the balance being 73% is equity.
The correct answer is the second one!

For more help email admin@bsgtips.com

The Grand Champion of The Glo-Bus Simulation Game
For more Glo-Bus Game Help that teaches how to Win the Glo-Bus Strategy Game go to www.bsgtips.com/glo-bus

Winning Glo-Bus Strategies

As a new semester of Glo-Bus approaches, I often get many emails from people who are interested in Glo-Bus Simulation Help. Glo-Bus is a particularly difficult game to play due to it’s simplicity. It can be safely said that after about 5 years, it is very difficult to change the hierarchy within the Industry. Any advantages your company could have gained, is no longer feasible to attain after about halfway through the game. This makes Glo-Bus very difficult to save if you have worked your way into a bad situation. Truly, if you are 3 years into a Glo-Bus game, and you are not doing well, seek out help immediately, or you may reach a point where it will be difficult to turn back the clock.

A question I sometimes hear from people is why some companies are able to get outrageous RoE. Up to 99.9%. Unlike what people think, having a high RoE is actually a product of a bad past, in the great sense of it all.
Return on Equity is net profit/ Shareholder’s equity. And whatever your net profit is, your shareholder’s equity will increase with subsequent years, therefore by the end game, it is very difficult to have a high RoE, because you have so much stockpiled equity. In fact a successful company has trouble keeping up their RoE.
But what happens if a company had difficult years? To the point they had a negative equity, due to big losses in several years?
For example, a succesful company with $30k net profit and an accumulated $200k in equity would have a 15% RoE.
But a company that had a $10k net profit, but their accumulated equity was only $1k ($1000) because they were in the negative for years and just rought their RoE back up. The RoE would start hitting that  99.9%.
Just something to note.. while high RoE is amazing.. it’s usual background is a checkered past. Any company that is doing decent, won’t realistically have RoE higher than 50%, and most likely will not sustain it.

As a new semester of Glo-Bus approaches, I often get many emails from people who are interested in Glo-Bus Simulation Help. Glo-Bus is a particularly difficult game to play due to it’s simplicity. It can be safely said that after about 5 years, it is very difficult to change the hierarchy within the Industry. Any advantages your company could have gained, is no longer feasible to attain after about halfway through the game. This makes Glo-Bus very difficult to save if you have worked your way into a bad situation. Truly, if you are 3 years into a Glo-Bus game, and you are not doing well, seek out help immediately, or you may reach a point where it will be difficult to turn back the clock.


For more help email admin@bsgtips.com

The Grand Champion of The Glo-Bus Simulation Game
For more Glo-Bus Game Help that teaches how to Win the Glo-Bus Strategy Game go to www.bsgtips.com/glo-bus

Glo-Bus Online Camera Game Tips

A lot of people over the years said I should do a Blog, but I think maybe I should start one up and see how I like it. The Blog may have BSG or Glo-Bus tips, strategies, advice, hints, tricks, and even secrets. But unlike the very serious articles in the forums, I’m going to make the Blog light hearted, more random, but still have it BSG oriented. Lol, then you can see how a Grand Champion thinks on a very common basis, and hopefully it may help you t hink in a different way to help you win BSG or Glo-Bus.  So random stuff, I watched Robin Hood last weekend, I thought it was a pretty interesting movie. I don’t know why, but I thought of BSG the entire way. Seemingly, there’s a shortage of money for everyone, from the common peasant, aristocratic nobles, and the King itself.

What does this remind me of? Maybe market followers, market challengers, and the market leader. In a time where there is a shortage of money (A recession), Robin Hood demonstrates that every person in the industry is scrambling to protect their own hide. Even King John was really scared to lose everything he had, his position wasn’t secure at all. Obviously the nobility (market challengers) want to protect their interests, and even have a shot at being the market challenger if they get lucky. And whatever extra scraps of profit market followers get (peasants) they’ll take it to improve their lot in life.

So the lesson to take from this is that in a recession, no one’s position is secure, nobility can overtake the King, high nobility may be humbled into peasants, and peasants may find themselves in a position to move upwards. Recessions in fact offer a chance to reshake the natural hierarchy of an Industry, and in desperate times, people will be desperate to do many things.


For more help email admin@bsgtips.com

The Grand Champion of The Glo-Bus Simulation Game
For more Glo-Bus Game Help that teaches how to Win the Glo-Bus Strategy Game go to www.bsgtips.com/glo-bus

Business Strategy Game and Glo-Bus Hacks and Cheats

Gamers like myself who play BSG or Glo-Bus instinctively think… there’s got to be a hack .. or a cheat to either BSG or Glo-Bus. As a veteran maphacker, you can trust to say that if such a hack or cheat existed, I would know, and more importantly, the vulnerability would have been patched up. I played a game (I repeat not BSG or Glo-Bus) that had a hack, where you could view the other opponent’s resources, a huge ADVANTAGE. But hugely significant measures were taken to squash that vulnerability. Until finally, hacks and cheats just didn’t exist. But guess what? All the hacks and cheats actually made me a good player, sort of like training wheels, I was able to accurately to tell resources, and foresee circumstances without the maphack or hack tools I once had.

The greater threat… is experience…. and it’s safe to say that in BSG and Glo-Bus, I have plenty of it. That’s truly the only vulnerability this game has, thankfully in University, once people play the game (usually at the end as a capstone course) they don’t have much time in university to tell their friends, and whatever knowledge they had accrued is lost. BSG and Glo-Bus classes are specifically set up so that minimum time is spent in post secondary after playing the game so that their experiences are gone from the institution thereafter. A conspiracy I know lol.

While there are no “silver bullet” strategy in BSG or Glo-Bus, what secrets, tips, advice, tricks, hints, advice and walkthroughs, that have been extracted from experience is extremely versatile in dealing with a plethora of circumstances in both games. Isn’t that a lot better than a few parlor tricks like a cheat or a hack?


For more help email admin@bsgtips.com

The Grand Champion of The Glo-Bus Simulation Game
For more Glo-Bus Game Help that teaches how to Win the Glo-Bus Strategy Game go to www.bsgtips.com/glo-bus

Glo-Bus Business Strategy Game – Finance and Cash Flow

The Glo-Bus financial screen is quite interesting in terms of business simulations. In relation to Glo-Bus’s big brother, BSG, Glo-Bus focuses upon cash flow for each quarter instead of annual year ends. This makes the game rather interesting as it becomes a balancing act of always having enough money for each of the 4 quarters, while still paying down debt. The correct way to do this screen is to basically pay off as much debt as possible while leaving enough a bit more than enough to cover the year’s expenses.

Some company’s think that it is smart to carry a large cash balance, but that’s the equivalent of putting all your personal money into a “checking” account and not paying off your credit card bill. Paying off debt is paramount in Glo-Bus and does wonders for your credit rating when combined with a decent net profit.

Unlike other simulations, Glo-Bus has a very finite amount of ways to spend cash, very rarely will you need to open up new workstations, you will not be required to make any significant upgrades, it is best to use existing cash in the current account to dramatic effect which is best used by paying off debt and continually keeping interest rates low. If in the event that money is required in one year, it is an easy task to go into the operating line and borrowing the amount. But it is important to not think that the interest gained from large cash balances warrants keeping large amounts of cash on hand and debt seemingly allowed to persist.


For more help email admin@bsgtips.com

The Grand Champion of The Glo-Bus Simulation Game
For more Glo-Bus Game Help that teaches how to Win the Glo-Bus Strategy Game go to www.bsgtips.com/glo-bus

One of the most common questions amongst new Glo-Bus players is “what is the most” important thing to do in Glo-Bus that makes them win. Unfortunately, there is not just one thing, but a collaboration of many elements that turns a Glo-Bus company into a winner. The foremost element that makes any company the best is net profit, which concludes that you are slanted to have a Earnings Per share (EPS), Return on Equity (RoE), Stock price, and credit rating. But how does one attain net profit? In comparison to other such simulations such as Glo-Bus’s big brother, BSG, the ideas of expanding capacity, upgrading, and fancy private label strategies (It is called discount bids in Glo-Bus) is out of the question. Glo-Bus innately relies upon market sales, and therefore requires to have the most value for it’s products. It is critical in Glo-Bus to have significant market share and making a decent profit at it.

Increasing market share is a very gradual effort, the nature of the game does not allow quick and profitable ways to greatly increase a company’s standing over a round. While increasing market share, you are now leveraging the power of economies of scale, and through that you are able to hire more PATs (production assembly teams) which helps lower those fixed costs.

The initial key to beginning to increase market share is simply having good value for your entry-level and multi-featured cameras in relation to your competition. While market share is the foremost element, it will take the collective success of many elements if your wish is to be the top company.

The Global Business Simulation Strategy Game – Glo – Bus Quiz Answers
If you’re in a business strategy class, you may be taking the Global Business Simulation Strategy Game, or for short, “Glo-Bus”. You will most likely be taking two quizzes in this course, Glo-Bus Quiz 1, and Glo-Bus Quiz 2. Both quizzes will go over concept basics of the game, and especially Quiz 2 can have very difficult questions. Many of the questions are financial based. Here’s one example question that you will most likely get.
Given the following Financial Statement data:
Income Statement Data Quarter 1
(in 000s)
Sales Revenues $50,000
Operating Profit $14,400
Net Income $9,555
Balance Sheet Data
Total Current Assets $70,000
Total Assets $149,000
Total Current Liabilities $26,000
L-T Debt (draw against credit line) $33,000
Total Equity $90,000
Other Financial Data
Depreciation $4,000
Dividend payments $2,250
Based on the above figures, the company’s capital structure consists of what debt and equity percentages? (These percentages are one of the components used in determining the company’s credit rating, as explained on the Help screen for the Comparative Financial Performance page of the GSR.)
Here are the 5 answers.
20% debt and 80% equity or 20:80.
27% debt and 73% equity or 27:73.
35% debt and 65% equity or 35:65.
37% debt and 63% equity or 37:63.
None of these.

So to answer this question, we must look at this income statement and conclude what debt and equity is.
Total Equity shows itself at $90,000, so that’s easy.
But the real hard part is deciphering what debt is. Believe it or not, but current liabilities isn’t part of “debt”. And that’s a mistake that people make.
So debt is simply Long term debt at $33,000 But then what?
To figure out the correct ratio, the formula for debt ratio= debt/(debt+equity)
[And for note the equity ratio=equity/(debt+equity)]
Or therefore 33,000/(33,000+90,000)=.268 or what equals 27%. Therefore the debt ratio is 27%, and the balance being 73% is equity.


For more help email admin@bsgtips.com

The Grand Champion of The Glo-Bus Simulation Game
For more Glo-Bus Game Help that teaches how to Win the Glo-Bus Strategy Game go to www.bsgtips.com/glo-bus