advanced business ii cindy barnes, business teacher
TRANSCRIPT
Advanced Business IIAdvanced Business II
Cindy Barnes, Cindy Barnes, Business TeacherBusiness Teacher
Advanced Business II Virtual Enterprise
• A simulated business.– Setup and run by students to prepare them for working in
a real business environment.• Students.
– Determine nature of their business.– Determine products and/or services offered.– Develop the management structure.– Engage in the daily operations of running a business.
• Teacher (“consultant”).– Provide guidance on the sideline.
• Business partners.• Business software.
– Emphasis is placed on using current business software, communications, and the internet for business transactions.
Advanced Business IIVirtual Enterprise
Virtual Enterprise Program brings the business world to the
students
– The virtual enterprise program
• Teach entrepreneurship
• Practical skills essential to career readiness
• Promotes healthy competition to motivate students
• Has the added advantage of linking students in a global business network
Advanced Business IIVirtual Enterprise
• No cash is used at all • Products and services are produced in facsimile only • Employees are paid, and business is conducted, via check
or electronic funds transfer • The firms (high school) have other high schools as trading /
business partners • Network permits standardization and coordination of
activities among all firms
Virtual Enterprise ProgramCentral Office
• Virtual enterprise center (VEC)– Located in Bakersfield, California– Managed by the kern high school district
• For participating schools, the VEC provides the following services:– Electronic banking (a clearing house with other national
and international banks)– Electronic mail– Data collection– Company ratings– Network meetings– Curriculum resources– Acts as a communication center for the network– Organizes activities for students to attend trade fairs
National Network
• California network (secondary) http://www.virtualenterprise.org
• New jersey network (community colleges) http://www.mccc.edu/ibpf/
• New York network (secondary) http://www.veinternational.org/
• New York network (college) http://ive.cuny.edu/
• Virginia network (secondary) http://nnadmin.sbo.nn.k12.va.us/ve/
• Rochester, New York (secondary) http://www.rcsdvep.com/
• South Carolina (secondary) http://members.spart5.k12.sc.us/~venterprise/veprogram/
• Oregon and Arizona (secondary) – first year of operation
Getting a Virtual Enterprise Company Started – Equipment
Our classroom looks like a business office
• Fax machine
• Scanner
• Copier
• File cabinets
• Office furniture
• Computer for each student
• Internet access
• Conference tables and chairs
Getting a Virtual Enterprise Company Started – Technology
Technology is used to enhance instructional outcomes
• Student employees use current office software products: word, excel, PowerPoint, access, publisher, FrontPage, etc
• Hosted business web site for e-commerce
• Use of on-line banking
• E-mail communications
• All work is expected to be produced in a professional format
Program Structure – Process
Student learning is facilitated through innovative practices
• They don’t just go to class, they go “to work”
• They learn by doing not by memorizing
• They understand the corporate organizational structure by working in teams
• Their assignments and projects are managerial tasks
Program Structure – Process
The class will be grouped in the specific departments andseparate responsibilities for the business/class as a whole:
• Executive/administration – business plan and presentation, approve completed tasks, ensure tasks are being completed in a timely manner and trade fair
• Human resource – employee manual, personnel files & staff development. Plan open house
• Accounting/finance – business checkbook, pay bills, taxes, payroll and participate in business plan
• Advertising & marketing – company catalog, uniforms, newsletters & company forms
• Technology - company web site & any printed items
Program Structure – Non-traditional
The role of the instructor changes in virtual enterprise.
– Student centered vs. teacher centered class.– Student run company, not teacher run.– The business community is involved in partnerships,
mentoring, etc.– Help create student ownership of business.– Students assume a combination of professional roles
in the business.
Program Structure – Content
Essential business skills are delivered throughout the program
- Entrepreneurial skills
- Information processing
- Understanding of global economy
- Money management
- Presentation skills
- Guiding principles / workplace skills
Program Structure – Supporting Activities
• Local trade fairs & business conferences
• Job shadowing & internships with corporate partners
• Staff development and training
• Business and annual report presentations
• Company grand openings
• Open houses
My time is finished. Any questions or suggestions are welcome
If You would like additional information or would like to participate as a business partner with our students, please contact Cindy Barnes, Business Teacher (928) 475-2378