Pennsylvania Business Week visits Saegertown

by Scout Van Cise, editor-in-chief

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This year’s winning team of Saegertown’s annual Business Week.

The week of April 23 – 27, Saegertown sophomores competed against each other in the annual Pennsylvania Business Week competition. Organized by Americans for the Competitive Enterprise System, Inc. (ACES), Business Week allows for sophomores to compete in six teams against each other for five days in categories such as marketing, advertising, and finances to simulate a real business the students are operating. At the end of the week, the teams do presentations to a panel of judges who choose category winners as well as an overall top company. Mrs. Nicole Keller’s group was victorious in the competition, headed by CEO Oliver Smith and CFO Sam Shelenberger.

Smith’s company, called Power Sound Corporation, sold a product called Gemini Speakers. The company advertised their speakers as being touch screen, bluetooth, rechargeable, and capable of splitting in half to provide surround-sound.

While Smith was unable to attend the award ceremony in person, he witnessed his victory via FaceTime. Shelenberger was there: “It was very satisfying. We put a lot of hard work into what we did. It was a nice sigh of relief to know that we did well,” Shelenberger said. “It provided me with a lot of information on how to run a successful business, so if that is something that I choose to do in my future it will help me with that.”

Power Sound Corporation owes the success of its company to the togetherness of their team. “I think the strongest asset of the company was the cooperative teamwork. Everyone pulled their own weight,” Smith said.

Lifted takes top spot in Pennsylvania Business Week

by Hannah Nicholson, staff writer

Pennsylvania Business Week winners have been announced, and Lifted, under the leadership of CEO Claudia Fetzner, won top company. Their efforts were evaluated in their Marketing and Advertising presentations, the RONA competition, and the trade show. The top company winners received $100 each.

ACES (Americans for Competitive Enterprise System, Inc.) brings Pennsylvania Business Week to Saegertown High School in hopes that sophomores can get a sense of real business situations.

For this year’s competition, there were two products, shoes and clocks, with three companies in each category. The shoe companies were Sole Strong, Lifted, and Flexx. Sophomores came up with interesting features for the shoes which included replaceable soles, shoes with springs in them, and massaging shoes.

In the clock categories, the companies were Clock It, Paradox, and Tick Tock Technologies. Paradox was marketing for an older audience, so they had a medical aspect to their clocks that measured heartbeat and alerted a hospital if there were significant changes in heartbeat speed. Clock It took a different route, however, and marketed a clock for appliances.

The Marketing and Advertising presentations are based around how they sold their products and how well their finances did based on their marketing techniques. The sophomores made posters, speeches, and commercials to present to judges. One of the aspects they included in their presentations were the RONA (Return on Net Assets) numbers. This evaluates the company’s finances over 11 business quarters. By the end of the eleventh quarter, Lifted and Paradox were in first place in their respective industries.

On Friday, winners were announced in RONA, advertising and marketing, stockholders, and the trade show. Paradox won both RONA and stockholders, Sole Strong won advertising and marketing, and Flexx won the trade show aspect.

CEO of Lifted, Claudia Fetzner did not expect to win, but said, “We were confident in what we did. We really worked well together, and everyone did their job.”

Member of Lifted included: Efrian Vega-Vega, Charlie Johnston, Claudia Fetzner, Will Phelan, John Kozlowski, James Hammond, Austin Bedow, Brode Burger, Cheyenne Manross, Hillary Twiford, Stephanie Polach, Sierra Miller, Ben Shelenburger,  Jalisa Norr, and Brendan Mahoney.

 

Sophomores gain experience during Business Week

Winning company Chronos in action. (photo contributed)

Winning company Chronos in action. (photo contributed)

Ally Shenk, Staff Writer

ACES (Americans for Competitive Enterprise System, Inc.) brings Pennsylvania Business Week, which was held April 27-May 1, to Saegertown High School in hope that sophomores can get a sense of real business situations.

During the week, students are separated into companies and assigned a position such as CEO, marketing director, etc. Each company is assigned a product to “sell” to the public, and using the resources given, they must execute the design, development and marketing of the object. “I expected it to be boring, but it’s actually fun,” said sophomore Kendra Taylor.

Chronos. (photo contributed)

(photo contributed)

The trade show, held in the gym on Friday, gave students, teachers, and parents a chance to experience the hard work and experience the sales and marketing pitches of the six companies. Mrs. Nicole Keller’s group of Kalib Kiser, Tanna Walters, Aidan Byham, Cutter’b Pritchard, Jude Mattocks, Jillian Rosipko, Kirsten Mowris, Marc Kightlinger, John Jackson, TJ Hasychak, Alandis Doctor, Rachel Barner, Tatin Bailey, Alexis Oldakowski, and Greg Gunn who produced the “Chronos” watch won the Top Company award at the awards ceremony Friday afternoon. Each team member received $100, t-shirts, coupons, water bottles, and other items. Other prizes were given to those for exceeding expectations in their group or performing well in competitions that featured their expertise.

“It was very stressful; I think the fact that we all worked together well and didn’t have problems was the reason we won,” said CEO of Chronos Aidan Byham. For more information about PA Business Week, visit aceserie.org.