BUSINESS DECISION MAKING

 
In addition to learning and applying business decision-making skills, team participants develop speaking ability and poise through oral presentations.

The one-hour objective test may include questions business plans, ethics and social responsibility, financial management, government regulations, legal issues, marketing management, principles of business ownership and management, and taxation.  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 interactive case study will consist of a problem encountered by management in one or more of the following areas:  business planning, organizational design, economic environment, short-term and long-range planning, human relations, financial management, or marketing management.  All the questions raised in the case must be addressed during the oral presentation.
 

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 or 2ndin 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 or 2nd in this event at a previous State Leadership Conference.
 
Participants must have paid state and national dues postmarked by February 15 of the current school year.


State Each charter may enter one individual or one team of two or three participants.

National See publication:  Chapter Management Handbook—current edition.
 

REGULATIONS
 

State When it has been determined that a student will represent the charter at state competition, the appropriate entry form must be sent to the state adviser postmarked first-class mail by the date specified in the SLC registration packet.

National See publication:  Chapter Management Handbook—current edition.

Participants must be selected in accordance with the regulations of the state chapter 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 meeting of Business Decision Making teams prior to the performance phase of this event may be disqualified.

If for any reason, a member(s) fails to take the 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 test 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 must report to the holding room by the time specified in the State Leadership Conference program.  All finalists will be sequestered until their performance times.  If a finalist fails to report prior to the beginning of the first performance, the individual or team will be disqualified. Twenty (20) minutes before their performance time, teams will receive the decision making problem.

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 or visual aids may be brought to or used during the preparation or performance.

The 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.  

Participants 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 objective test will be machine graded. In the event of a tie, the teams’ 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
 

State State awards for the top five places are presented at the State Leadership Conference.

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.