The Williamson College of Business Administration hosted the 2nd annual JA Titan Business Challenge on Friday, March 25th as Junior Achievement of Mahoning Valley brought together 11 teams of students from American Spirit Academy, Boardman High School, Choffin Career & Technical Center, Poland Seminary High School & Struthers High School for the competition.
Each team, consisting of 2-3 students, became the CEO of a Holo-Generator company with total control of company operations. The teams worked with a local business mentor for 2 of the 3 rounds. The mentors provided insight into personal career and business development as well as guidance for decision making processes applicable to the Titan game strategy. Student teams used the interactive online business simulation JA Titan that offers a unique way for young people to learn what it takes to compete in the marketplace and to run a successful business.
JA Titan is designed to compliment high school economics, math, and social studies curriculum. JA students determined the success or failure of their business based on how well they managed key issues such as setting prices, filling production requests, establishing marketing, investing in research and development, and capital equipment. Students analyzed market conditions over a series of quarters applying information under time pressure, to interpret data,critically analyze, and make decisions for their "virtual company" competing head to head in the Holo-Generator industry.
The Home Savings Charitable Foundation provided the prizes for winning teams including a $500 per student scholarship for the first place team as well as savings bonds for each student representing the 2nd and 3rd place teams.
Read more at:
http://www.vindy.com/news/2011/mar/26/by-kristen-russo/
and
http://www.wkbn.com/content/news/local/story/Teaching-Tomorrows-Business-Leaders/I5VK2_cVZU6qLZvplEK9sg.cspx
View all of the event photos at:
http://flic.kr/s/aHsjukigFJ
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