SOUTH REWARD – Administration and Commerce is a subject that requires many practical aspects. As such it is the undertaking of the Business Department of St. Maarten Academy PSVE to get students fully involved in exploring their creativity through invention.
The department has organized a “PSVE Business Day” tomorrow, Friday, March 4. The day will be broken down into three segments. An Administration and Commerce and Economics competition amongst classes; one student per class will represent their group in this educational competition. They will be required to answer a variety of questions. The person with the most answer wins.
Following the competition is the Pitch It Forward (PIF). The purpose of PIF is to turn students’ invention ideas into a final product and to challenge them to use their natural, God-given talent as a means of gaining a competitive edge in society. This project will encourage students to think outside the box and give them that drive to own and operate their own business. It also leads to greater understanding of many aspects of the topic, and will cause output per person to increase.
Students will pitch their ideas forward to a group of investors and will be judged based on their creativity, ability to market and cause persons to invest, the product itself, amongst others.
Product categories can range from:
- Bath items,
- Toys and games,
- Food, amongst others.
Finally, the day will culminate with a buying and selling competition between classes. Students will organize their booths outside and will be allowed to sell food items. This incorporates the topics: Buying and Selling, Marketing and Accounting. At the end of this activity, students will organize their income statement to determine whether a profit or loss was made. The class that is most profitable wins.
It is with this in mind that organizers are asking attendees to be present at 8:00am for the opening ceremony. The Business Day will commence directly after until 1:00pm.
FILE PHOTO / Today Newspaper
Source: 721 news Academy PSVE organizes “Business Day”