ENTREPRENEURSHIP
 

This event is based on team, rather than individual, participation.  Team members should be able to use business decision-making skills and show speaking ability and poise through oral presentations.

 

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 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

A team may be composed of 2 or 3 members.  No more than one member may have entered this event at a previous National Leadership Conference, have competed more than two (2) years at the national level, or placed 1st or 2nd 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 a student 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 postmark 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.

 

• A team failing to report on time for the sequestering of Entrepreneurship teams prior to the performance phase of this event may be disqualified.

 

• 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 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.

 

• Members of the five participating finalist teams will report to sequestering by the time stated in the State Leadership Conference program.  All team members will be sequestered until their performance times.  Any team not reporting to sequestering before the first team 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 team has seven (7) minutes to present the case.  Teams should introduce themselves, describe the situation, make their recommendations, and summarize their case. All team members must participate in the presentation.

 

• A timekeeper will stand at six (6) minutes and again at seven (7) minutes.  When each team is finished, the time used will be recorded.  A five-point (5) deduction will be made for presentations over seven (7) minutes. 

 

• Following each presentation, the judges will conduct a three (3) minute question-and-answer period. Participants should be prepared to defend their decisions and respond to questions by the judges.

 

• 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.