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Winners of the 2011 JA Business Challenge announced

Junior Achievement of North Central Ohio is excited to announce the winners of the 2011 JA Business Challenge. This year’s event took place on Friday, March 11 at The University of Akron from 7:45 a.m. to 2:30 p.m. at the Gary and Karen Taylor Institute for Direct Marketing.

Seventeen student teams, with more than 50 students from area high schools, including Archbishop Hoban, Buckeye, Copley, Coshocton Christian, Highland, Hudson, Stow, Wooster, and Cuyahoga Falls competed in the 2011 JA Business Challenge. Using JA Titan, an online business educational program, teams competed against one another for market share in the fictitious Holo-Generator Industry.

The 2011 JA Titans of Industry Winners are as follows below:

First place: Team Wooster 2, from Wooster High School - $500 cash scholarship

Second place: Team Hoban 2, from Archbishop Hoban High School - $100 Savings Bond

Third place: Team Coshocton 1, from Coshocton Christian School - $50 Savings Bond



2011 Consolation Round Winners Are:

Team Hudson 2, from Hudson High School

Team Stow 2, from Stow High School



Team Wooster 2, from Wooster High School, will have the privilege of advancing to the JA Titan U.S. Virtual Competition this April to compete for the title of national champion.

Each student team was paired with an area business advisor that helped students understand how the principles used in the simulation are applicable to the real world. During the virtual competition, students experienced how success or failure of a business is dependent on how well they manage key decisions such as pricing, marketing strategies, and R&D investments. Through this exercise, students come to a better understanding of the competitive nature of the free enterprise system.

Participants in the JA Business Challenge had the opportunity to hear from keynote speaker Ray Leach, CEO of Jumpstart Inc. Leach is a national thought leader on entrepreneurship and innovation and is at the forefront of affecting economic change both in Northeast Ohio and nationally.

Junior Achievement is thankful from the support of this year’s sponsors including Lockheed Martin, Exxon Mobil Corporation, The Goodyear Tire and Rubber Company, Smith Dairy, Bridgestone Americas, Interactive Media Group, The Maynard Family Foundation, FedEx Custom Critical, Firestone Polymers, WAKR 1590 AM, Papa John’s Pizza, PepsiCo, Main Street Gourmet, Country Pure Foods, and Toth Photography.

Published: March 23, 2011
New Article ID: 2011703239991