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Fifth Annual JA Titan Business Strategy Competition and Hall of Fame
04/29/2011 - By Peoria, IL

Fifth Annual JA Titan Business Strategy Competition and Hall of Fame

Junior Achievement of Central Illinois hosted its Fifth Annual JA Titan Business Strategy Competition and Hall of Fame on April 29th, at Robert Morris University in Peoria.

JA Titan is an online business simulation developed by Junior Achievement. The 60-plus students that advanced to the competition by winning their intra-class Titan experience had an opportunity to earn a share of $5,000 in scholarships and prizes.

During the event, player planned and executed each aspect of a business, including price, production, marketing, capital investment and research and development. Students attempted to reach a balance of supply and demand at an efficient cost of production, while competing with each other and other fictional companies. The software calculated each team’s Performance Index (PI) based on a weighted measurement of the company’s value and performance. The teams with the highest PI won the game.

At 11:15 a.m. that day, Robert Weaver of Weaver Enterprises, Ltd., a well-known central Illinois entrepreneur, became a Laureate in JA’s Business Hall of Fame. Mr. Weaver and several members of his family shared highlights of their entrepreneurial endeavors by speaking to and mentoring students.

Photos: Ashley Ball

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