High school business students from Robert Bateman Secondary School placed sixth in their skill category at the 13th annual B.C. Business Challenge in Vancouver on Monday.
Organized by Junior Achievement of British Columbia, the competition sees Grade 11 and 12 students take on the roles of high-tech executives in a global business simulation.
Twenty-one teams worked 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. Students had to determine pricing, production levels and dollars to be spent in marketing, capital investment, research and development of their miniature audio player capable of generating holographic images.
Teams were placed into three different skill categories based on their classroom performance in the JA Titan Business Game, an interactive online program that takes entrepreneurs through the course of managing a business in a changing, technology-driven marketplace. Designed to simulate actual business situations, students face real issues related to human resources, marketing, research and development .
The B.C. Business Challenge was sponsored by the Institute of Chartered Accountants of B.C.; Deloitte; the Ministry of Science and Universities; MacDonald, Dettwiler & Associates Ltd.; Scotiabank; Colliers and The Portables.