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IMPORTANT ANNOUNCEMENT: MISSOURI BUSINESS WEEK is not being held in 2010. Click here to read the teacher letter mailed out February 19, 2010. MISSOURI BUSINESS WEEK (MBW) is an interactive summer conference for 200 high school current freshmen, sophomores, and juniors that teaches the students how to manage and market a business in a very enjoyable environment. Student teams or "companies" are advised by business people who represent real estate, banking, insurance, tourism, manufacturing and other industries. Sponsored by the CENTER for Education & Private Enterprise (the CENTER), the not-for-profit foundation of the Missouri Association of REALTORS® , MBW is held annually at the University of Missouri in Columbia. It is a statewide program in every sense because REALTORS® and other business professionals from all over Missouri become involved with this major event. All students attend on sponsorships, and REALTORS® not only donate to the sponsorship fund but also assist the CENTER with raising money from a variety of companies. They help with recruiting students from their respective areas of the state and keep the interest going by networking with area schools. REALTORS® who actually participate on-site have the privilege of working with eager young learners that are opening their minds to future career options. To simulate the business experience, the MBW student companies are involved with the management and marketing of imaginary retail products. Six companies make hats, the other six, T-shirts. The groups learn how to make management decisions by playing a computer game that follows the financial history of their products through eight business quarters. Marketing is accomplished through the production of 30-second television commercials, new business profile, trade show and web page designs (seen on the following pages). The energy and enthusiasm of the MBW students definitely make these experiences seem "real". The "companies" become viable business teams, challenged to compete for the best bottom line and the best marketing strategies. Missouri Business Week is co-sponsored by the Trulaske College of Business of the University of Missouri-Columbia. Program Assistance is provided by the Missouri Department of Elementary and Secondary Education (DESE) and The Education Department of the Missouri Chamber of Commerce. There will not be a 2010 program and we are currently working with an outside fundraising firm to assist with fundraising. For more information about MISSOURI BUSINESS WEEK, contact the CENTER at 800-403-0101 ext. 133 or MaryLaBarbera@morealtor.com
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