StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Experience of Strategically Managing the BSG Online Game Company - Term Paper Example

Comments (0) Cite this document
Summary
The present term paper "Experience of Strategically Managing the BSG Online Game Company" deals with the sitting at the helm of Company H. As the author puts it, it was a nice interesting experience and other times complicated to handle the team of the company during all those years. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
Experience of Strategically Managing the BSG Online Game Company
Read TextPreview

Extract of sample "Experience of Strategically Managing the BSG Online Game Company"

Download file to see previous pages Over the fourteen years, I had the biggest challenge and responsibility of making strategic decisions each year to enhance sustained profitability in addition to expanding the company niche in the market. Among other areas where strategic decisions were necessary included branded production and distribution decisions, corporate social responsibility, plant capacity, sales forecasts, marketing, and other promotional activity decisions, private label operations, endorsement of celebrities, and most importantly, financial decisions (Goldratt, 1997, p. 63). At the end of each year over the fourteen years, four features served as the yardstick applied by the board to evaluate my performance. They included Earnings per share, credit rating, return on equity, and image rating. To me, it was clear that the operational performance of the company directly influenced these four significant performance measures. Therefore, it was my responsibility to oversee the effective running of all operational activities within company H.
Assessment of the PESTEL gives insights of company H currently, a position achieved under my guidance. This analysis will allow a proper understanding of various factors within the macro environment that influence the daily operations of the company. The relevance of evaluating PESTEL is that it brings forth a bigger picture of the environment within which Company H operates as well as opportunities and threats occurring within the same macro environment. Knowledge of the external environment within which the company runs business helps the management on behalf of the company take advantage of opportunities availing themselves and cut down threats posed by external factors. I understood clearly the five force structures, which turned out important elements in responding to the analysis of the industry. Five forces is a significant framework that managers, as well as Chief Executives, can use to assess the industry within which the company they oversee falls. This becomes important during the process of developing a successful business strategy. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Experience of Strategically Managing the BSG Online Game Company Term Paper, n.d.)
Experience of Strategically Managing the BSG Online Game Company Term Paper. Retrieved from https://studentshare.org/management/1637510-competition-and-business-risk
(Experience of Strategically Managing the BSG Online Game Company Term Paper)
Experience of Strategically Managing the BSG Online Game Company Term Paper. https://studentshare.org/management/1637510-competition-and-business-risk.
“Experience of Strategically Managing the BSG Online Game Company Term Paper”, n.d. https://studentshare.org/management/1637510-competition-and-business-risk.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Experience of Strategically Managing the BSG Online Game Company

Strategically Managing Organizations: Neopets, Inc. case

...developers manage gamers form all over the world, who logs onto the world of imagination and excitement during any time of the day and night with no restrictions. Video and web-based games are a very dynamic and rapidly growing industry. Governments all over the world have laid rules and regulations to monitor the development and operations of online games. These policies affect the online gaming industry in a variety of ways. These affects are more pronounced in the countries where there is high state involvement and low degree of transparency in the economy (Ernkvist, Strom, 2008). On June 1, 1999 President Clinton asked the Federal...
8 Pages(2000 words)Essay

Managing the Hospitality Experience

...? Managing the Hospitality Experience Q1. In order to win loyalty, hospitality companiesmust focus on customer experience not service. According to oxford dictionary, hospitality is a friendly reception of strangers and friends (Ford & Sturman 2011). The chambers English dictionary suggests that hospitality is the act of entertaining guests and strangers without any regard (McDonough & Hill 2001). According to Ritzer, it entails showing kindness. Hospitality requires guests to feel the host was hospitable. This is achieved through an effort to entertain guests (Jones 2002). According to Jones (2002), hospitality should be an experience rather than a service. Guests’...
8 Pages(2000 words)Essay

Lord of the Ring Online Game Review

...? Lord of the Rings Online Game Review Table of Contents I. Introduction 3 II. Game Review/Critique 3 Works Cited 7 I. Introduction The Lord of the Rings Online is a massively multiplayer online role playing game or MMORPG by the game development company Turbine. Its latest iteration is Riders of Rohan, which is differentiated by its combats in mounts feature, as well as large zones for exploration, together with the other known and established features of the franchise game. What differentiates the Lord of the Rings Online game is that it has...
3 Pages(750 words)Essay

Managing Strategically in The Public services

...of this lessens the need for strategic management and indeed its use seems certain to increase for a number of reasons. First, as Elcock (1993) indicated, developing coherent longer term strategies has proved useful to many managers in meeting governmental and other environmental demandsand is therefore unikely to be abandoned. It could then be argued that after a lengthy period of experiment with strategic management it is becoming part of the culture of public management. (Horton p.75) Second the turbulent environment on which priorities have to be determined and hard choices made is set to continue for the foreseeable...
117 Pages(29250 words)Essay

The Concept of Managing Organizations Strategically

...Business- strategy Strategic management is the process by which an organization formulates its objectives and manages to achieve them. Strategy is the means to achieve the organizational ends. A strategy is a role to the destination Viz., "Objectives of the firm". Picking a destination means choosing an objective. Objective and strategies evolve as problems and opportunities are identified, resolved and exploited. The interlocking of objective and strategies characterize the effective management of an organization. The process binds, coordinates and integrates the parts in to whole. Effective organizations are tied by means-ends chains into a purposeful whole. The...
14 Pages(3500 words)Research Paper

BSG game reflective report

...the strategies needed for one to compete in a global market. One of the crucial theories learnt in class applicable in any business environment is the Porters 5 forces of industrial analysis. Porters five forces were largely applicable in the BSG online game in that understanding the various tools for industry analysis, comparing the success levels of the competition and as well as the prices were largely used through the development of the business strategy for BIG FOOT company. The applicability of porter’s 5 forces in any given industry is crucial in the deciding of the business strategy. In the case of Big Foot for instance, understanding the power of suppliers...
4 Pages(1000 words)Essay

Addiction of Second Life Online Game

...Addiction of Second Life Online Game A small number of online social networking websites acquire as much interest as Second Life. This game includes a 3D virtual world where users, known as residents, can “pretend to be whomever or whatever” (Yee, 2006, p. 774) they would like to be. Even though it is an online setting, its control arrives at the actual world, together with a virtual financial system that is reliant upon real cash. In reality, or maybe virtual reality, Second Life is a multifaceted setting, packed with possible threats as well as incentives. Basically Second Life is an online game, where ‘residents’ form...
7 Pages(1750 words)Essay

My experience of the game

...My Experience of the Game My understanding of reading of the book before engaging in playing the game thought police and the actual engaging in the game makes me have a different understanding of the situation involved, mainly on the aspect of freedom and independence and the importance that they two indeed have. Previously, I used to engage many different things without any limitations imposed, such as the instances in which I would, dress in a manner that I felt was most appropriate. However, after playing the game, I have had a significant change in perspective in the manner in which I used to live my life. The new view and attribute to things was not...
2 Pages(500 words)Essay

Online game Parents should control their children's online time

...on the cyber world hinders one’s abilities to deal with social problems. For instance, if a child does not interact with friends in the real world, he may experience anxiety when meeting new people. This may affect a child’s ability to interact with his workmates in his future work place. In addition, lack of emotional support makes one to develop depression. d. Most people tend to be more serious in game playing. Many people take the games seriously. As a result, they spend a lot of money on the games. Just like other forms of addiction, online games addiction forces people to spend their money on the games. Spending...
7 Pages(1750 words)Research Paper

Managing Strategy--Business Simulation Game

...gaming has brought a large number of variety in the gaming genres (Chaffey, 2014). In this regard, business stimulation games are often recognised as one of the most strategically important games, which are applied for business purpose. Those games are popularly known as tycoons’ games. Some of the key features of such games in terms of business include their focus upon the management of economic process, which is an important of a business process. A Bullets is a particular company, which is mainly providing online gaming facilities...
14 Pages(3500 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Experience of Strategically Managing the BSG Online Game Company for FREE!

Contact Us