Students from seven area high schools earned the opportunity to compete in the Drs. David & Agnes Palmer Junior Achievement Titan Competition on Wednesday 16th November at Palmer College, Davenport.
The contest – sponsored by Vickie Anne Palmer in honor of her parents – was won by Mediapolis High School. Second place went to Pleasant Valley High School and third place went to Wilton High School.
The JA Titan Competition is a business strategy tournament in which high school students compete as corporate CEOs in the cell phone industry, experiencing first-hand how an organization evaluates alternatives, makes decisions, analyzes the results of those decisions, and then strategize about what to do next, according to Moline’s Junior Achievement.
With a focus on financial literacy and workforce insights, JA Titan brings business economics to life. As students work in teams, or alone, to make financial decisions about manufacturing, marketing, research and development, and corporate social responsibility, they begin to see how every choice made in an organization relates to its future success.
The success or failure of student-led companies depends on how well students handle key decisions. At the end of the competition, the top three teams emerged as the “Titans of Business” and won a post-secondary education scholarship ($1,000 each for 1st place; $750 each for 2nd and $500 for the 3rd).
Twenty-eight teams competed in November during the qualifying rounds held throughout JA of the Heartland 23-county area.
Each team included four students and a business mentor (an adult community volunteer). The schools with teams that advanced to the scholarship round on Wednesday were: Davenport West High School, Geneseo High School, Mediapolis High School, Mendota Township High School, Pleasant Valley High School, Southwestern Wisconsin High School (two teams), and Wilton High School.
Doctors. David & Agnes Palmer JA Titan Competition is an example of how Junior Achievement teaches entrepreneurship to students. The competition provides students with a hands-on opportunity to act as a CEO of a company. As a team, students work to turn a new product into a profitable business.