Social:Glo-Bus

From HandWiki

The Global Business Simulation Strategy Game, or "Glo-Bus," by McGraw-Hill Irwin is a Business simulation game.

It was developed in 2008 to help educate students in the field of Business Strategy. Glo-Bus is the sister game to its old brother Business Strategy Game that dates back to the early 1990s.

The strategy game focuses upon aspects such as Production design, marketing, assembly (for both entry-level and multi-featured), compensation and labor, discount bids, corporate citizenship,and finance and cash flow.

Every player makes decisions in their respective companies which is submitted before a due date in which the game "turns" one year. The next financial year shows who has met investor expectations or who is clearly the most profitable in the industry.

The five criteria which companies are ranked on are earnings per share, credit rating, stock price, return on equity, and image rating.

The Business Strategy Game is used in many post secondary Bachelor of Business programs in North America.[citation needed] It is usually a cornerstone assignment in a strategic management class. Those who are able to beat their entire class are crowned Industry Champions and are invited to attend the Glo-Bus Invitational (BSI). Roughly 8% of all students who play Glo-Bus become Industry Champions. Those who win the BSI (Less than half a percent of all students who have played Glo-Bus), become Grand Champions which is the highest level of accomplishment in the Business Strategy Game.[citation needed]

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