Students from NIS to compete in Junior Achievement "challenge" (06/30/96)

Students from NIS to compete in Junior Achievement "challenge"

COLORADO SPRINGS, Colo. - Teams of students from Belarus, Russia and Ukraine are among eight teams of Junior Achievement students from five countries who will compete in the final round of The Hewlett-Packard Global Business Challenge, a worldwide competition in which students manage computer-simulated businesses.

Teams from Argentina, Belarus, the Czech Republic, Russia (which has four teams in the finals) and Ukraine will travel to Hewlett-Packard Co.'s corporate offices in Palo Alto, Calif., to compete in the championship round on August 19.

The eight finalists were among more than 370 teams from 36 countries, including the United States, Japan and Mexico, which started The Hewlett-Packard Global Business Challenge in February. During the first two rounds of this multi-week competition, students made managerial decisions affecting computer-simulated businesses. Decisions were sent via e-mail to Harvard Associates, a processing center in Cambridge, Mass. Teams with the most profit advanced to the next round.

"These finalists have gone up against the best Junior Achievement students from around the world in this competition," said Sam Taylor, chief operating officer of Junior Achievement International. "Making it to the final round is an accomplishment in itself."

Junior Achievement is the world's oldest, largest and fastest-growing non-profit economic education organization. By bringing volunteer business people into the classroom to share their experiences with students, Junior Achievement gives young people a better understanding and appreciation of free enterprise. Junior Achievement International is responsible for developing and serving Junior Achievement programs outside the United States. Each year, over 2.5 million primary, secondary and university students in 97 countries participate in Junior Achievement programs.

Hewlett-Packard Co. is a leading global manufacturer of computing, communications and measurement products and services. HP has 102,300 employees and had revenue of $31.5 billion in the 1995 fiscal year.

| Home Page |