Wareham students compete in business competition
Wareham students competed at the Junior Achievement Titan Challenge at UMass Dartmouth last Thursday.
The JA Titan Challenge is a business strategy competition in which high school students spend the day at UMass Dartmouth and compete against one another in teams of three using an online, interactive business simulation game.
The competition is designed to unleash student creativity, test leadership skills, and demonstrate the competitive nature of the free enterprise system. There is no cost to the students or their high schools to participate.
The event was open to high school sophomores and juniors within the Junior Achievement of Southern Massachusetts service area. The day of the event, students learned business concepts to manufacture and market a fictional product called the “Holo-Generator.” The teams were then challenged to outperform their competition in profit, sales, and market share.
Each student team was paired with a volunteer mentor (someone from the community with business experience) who guided the decision making of the team.
In addition to developing budgets and interpreting financial reports, students can expect to increase their knowledge of pricing, production, capital Investments, R&D, marketing and charitable giving.