ENTREPRENEURSHIP
 

Participants should be able to use business decision-making skills and show speaking ability and poise through oral presentations. This event consists of two portions:  an objective test and a performance.

 

The objective test may include questions on business plans, community/business relations, legal issues, initial capital and credit, personnel management, financial management, marketing management, taxes, and government regulations.  Team members will take one objective test cooperatively.

 

The five individuals or teams with the highest test score will be selected to present the decision-making case study.  The case study will consist of a problem encountered by entrepreneurs in one or more of the following areas:  business planning, human relations, financial management, and marketing.  All of the questions raised in the case must be addressed during the oral presentation defended before a panel of judges.

 

ELIGIBILITY
 

This is an individual or team event.  In the case of a team, it must be composed of two to three (2-3) members.  The individual may not have competed in this event at a prior National Leadership Conference or placed 1st, 2nd, 3rd, or 4th in this event at a previous State Leadership Conference.  In the case of a team, no more than one (1) team member may have competed in this event at a prior National Leadership Conference or placed 1st, 2nd, 3rd, or 4th in this event at a previous State Leadership Conference.

 

Participants must have paid state and national dues postmarked by December 15 of the current school year.

 

District       Number of participants governed by local FBLA District policy.

 

State          Each district may be represented by participant(s) based on the Florida FBLA scaled quota system found in the Fact Finder.

 

National    See publication:  National Chapter Management Handbook—current edition.

 

REGULATIONS
 

District       Each district determines its own procedures for event registration.

 

State          When it has been determined that an individual or team will represent the district at state competition, the student's local adviser must send the appropriate entry form to the state adviser by first-class mail.  The entry form and the required receipt deadline are included in the SLC registration packet.

 

National    See publication:  National Chapter Management Handbook—current edition.

 

• Participants must be selected in accordance with the regulations of the FBLA district and state chapters and the national association.

 

• Participants failing to report on time may be disqualified. 

 

• Participants must furnish their own No. 2 pencils and erasers.  Nongraphing calculators will be provided.  No electronic devices may be brought to the event.     No reference materials or other items are to be brought to the event.

 

• Participants must adhere to the dress code established by the Board of Directors or they will not be permitted to participate in the competitive event.

 

 

• If for any reason, a member(s) fails to take the written objective test and/or fails to show for the performance portion of this event, the team will be disqualified.
 

CASE STUDY PROBLEM

 

• The five individuals or teams with the highest score will be scheduled for a performance.  The order of performance will be drawn at random by an impartial person in the event office.

 

• Finalists will report to sequestering by the time stated in the State Leadership Conference program.  All finalists will be sequestered until their performance times.  Any finalist not reporting to sequestering before the first finalist begins performing will be disqualified.

 

• Twenty minutes (20) before their performance time, each team will receive the case study.

 

• Two 4" x 6" index cards will be provided to each participant and may be used during the preparation and performance of the oral segment.  Information may be written on both sides of the note cards.  Note cards will be collected following the presentation.

 

• No reference materials, electronic devices, or visual aids may be brought to or used during the preparation or performance.

 

• The individual or team has seven (7) minutes to interact with a panel of judges and present the solution to the case.  The judges will play the role of the second party in the presentation and refer to the case for specifics.  This is a role-play event. 

 

• Finalists should introduce themselves, describe the situation, make their recommendations, and summarize their case. All team members are expected to actively participate in the performance.

 

• A timekeeper will stand at six (6) minutes and again at seven (7) minutes. 

 

• Case study performances are open to conference attendees, except performing participants of this event.

  

JUDGING
 

The written objective test will be machine graded. In the event of a tie, the students’ performance on the final ten questions of the exam will be evaluated.  After that, if necessary, the order in which the tests were received will be used.

 

The performance portion of this event will be evaluated by a panel of judges.  All decisions of the judges are final.  In the case of a tie after the performance, the objective test score will be added to determine the final rank.
 

AWARDS
 

District       The number of awards presented at the District Leadership Conference is determined by local FBLA District policy.

 

State          State awards for the top five places are presented at the SLC.

 

National    The number of awards presented at the National Leadership Conference is determined by judges and/or number of entries.  The maximum number will be ten.