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Florida Tech Hosts High School Business Ethics Event Nov. 21

MELBOURNE, FLA. — Florida Tech’s Nathan Bisk College of Business will hold its 23rd Annual High School Business Ethics Competition on Nov. 21.

The competition, which will feature teams from schools in Brevard County and surrounding areas, is designed to encourage high school students to explore the subject of ethics, reflect on how ethical principles are related to the decision-making role of businessmen and businesswomen, and to evaluate the ethical adequacy of actual decisions made by managers.

The event is supported by L3Harris, Community Credit Union and Brevard Public Schools.

The case study participants will be exploring involves Apple Inc., its suppliers and corporate social responsibility.

There are four goals of the competition:

  • Enhance the knowledge of ethics and how this knowledge relates to the business world.
  • Determine how to apply ethical tests when faced with an ethical problem and how to defend choices.
  • Expand team skills, and experience the challenge and enjoyment of interschool scholastic competition.
  • Provide a forum for future business leaders to interact with experienced professionals to discuss the role of ethics in business.

The competition will feature two rounds:

Morning Elimination Round: Teams will develop and analyze solutions to a business ethics and leadership problem concerning “Facebook Fake News in the Post-Truth World.” This issue crosses all social media formats beyond Facebook. The top four teams will advance to the ranking round.

Ranking Round: The four final teams are given one hour to formulate an ethical solution to a different situation, unknown to them until their preparation time begins.

Teams are limited to no more than four, but no less than three, members, including no more than one senior. Judges come from a variety of career fields and include members of the Bisk College of Business Advisory Board as well as several community members.

The competition will award anywhere from $144,000 to $192,000, depending on team size, in merit scholarships and cash to the top teams. All participants are guaranteed a minimum merit scholarship of $12,000, renewable for three additional years, if they enroll at Florida Tech.

For more information, contact Dawn Thompson at dthompson@fit.edu or 321-674-7327.

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