It was a good start to the new year for business students from Georges P. Vanier Secondary.
The group placed third in the Entrepreneurs Marketplace at Junior Achievement of British Columbia鈥檚 (JABC) 13th annual B.C. Business Challenge in Vancouver last month.
The B.C. Business Challenge is a fast-paced competition where Grade 11 and 12 students take on the role of high-tech executives in a global business simulation.
The intense day of competition has teams working against the clock to develop management strategies for their imaginary companies, analyzing financial reports and scrutinizing the actions of other companies in a futuristic marketplace.
Twenty-one teams worked through 18 quarters of business to bring their futuristic product, a miniature audio player capable of generating holographic images, to market. They determined pricing, production levels and dollars to be spent in marketing, capital investment, and research and development.
JABC wishes to recognize the schools for their leadership and support of the event and partnership with JA to deliver business education to their students. Special recognition to the teachers for mentoring and coaching the teams throughout the challenge and ensuring the students received classroom preparation necessary to compete at the provincial level.
The students are participants of the JA Titan Business Game; an interactive online program that takes budding entrepreneurs through the course of managing business in an ever-changing, technology driven marketplace.
Designed to simulate actual business situations, students face very real and tough issues related to human resources, marketing, research and development and more. 鈥� Junior
Achievement of British Columbia
