Team Competition
FBLA offers a number of team-based competitions. Click on each of the competitions's names to learn more about each event.
An asterisk (*) indicates that this competition begins at States.
Banking and Financial Systems*
Banking and Financial Systems Understanding how financial institutions and financial consulting and advisory services operate is important to successful business ownership and management, as well as to personal financial success. This event provides recognition for FBLA members who demonstrate an understanding of and skill in the general operations of the various components of the financial service sector.
This event consists of two (2) parts: an objective test and a performance component. A one (1) hour objective test will be administered based on the competencies listed. Team members will take one (1) objective test collaboratively. The top five (5) teams with the highest objective scores will compete in the performance portion of this event.
This event begins at States.
Business Ethics*
Business ethics Ethical decision-making is essential in the business world and the workplace. This team event recognizes FBLA members who demonstrate the ability to present solutions to ethical situations encountered in the business world and the workplace.
This event consists of two (2) parts: a preliminary written report submitted before the SLC based on the preliminary round topic provided with these guidelines and a performance component for the top ten (10) written preliminary reports. The performance team will present and defend its positions related to an ethical dilemma.
This event begins at States.
Business Financial Plan*
Business financial plan Business financial planning is paramount to the success of any business enterprise. This event is designed to recognize FBLA members who possess the knowledge and skills needed to establish and develop a complete financial plan for a business venture. The financial plan requesting a loan from a financial institution must be economically and financially sound with a realistic time frame. In addition to learning and applying financial business decision-making skills, team participants develop business contacts, implement written and oral skills, and develop familiarity with procedures of financial institutions.
The event consists of two (2) parts: a prejudged report and a performance component for the top five (5) prejudged reports. Participants are required to complete all parts to be eligible to win an award. A prejudged report should be developed based on the topic below.
The prompt for 2010-2011 is: Due to the economy, changing lifestyles, global warming, and the desire for stress-free vacations, you are going to open a service business called Backyard Vacations. This business will be based on the idea that your home is now your vacation spot. The business will come in and change the customer’s yard to accommodate the family. This could include installation of pools, spas, playgrounds, grills, porches, gardens and areas for relaxation. Prepare a business financial plan for the purchase of the materials including the rent of a centrally located building, office equipment, and startup capital for the first 20 customers.
This event begins at States.
Business Plan*
Business plan Business plans are an effective tool for evaluating, organizing, and selling a new business concept. A well-developed business plan can be a key component of a successful business start-up. This event recognizes FBLA members who demonstrate an understanding and mastery of the process required in developing and implementing a new business venture.
This event consists of two (2) parts: a prejudged report and a performance component for the top five (5) prejudged reports. Participants are required to complete all parts to be eligible to win an award. A prejudged report should be developed based on a proposed business venture or current business operation.
This event begins at States.
Business Presentation*
Business presentation Using technology to support a presentation can significantly enhance a business leader's effectiveness. This event provides recognition for FBLA members who demonstrate the ability to deliver an effective business presentation while using multimedia presentation technology.
This event consists of two (2) parts: a preliminary written report submitted before the SLC as outlined in these guidelines, and a performance component based on the top ten (10) written preliminary reports.
The prompt for 2010-2011 is: The CEO of your company has asked you to present information on how the company should be using social media to communicate with the clients. Select one or more types of social media that can be used for communicating to the company’s clients. Several points to include are tips, lingo, privacy issues, social networking, micro blogging, etc.
This event begins at States.
Desktop Publishing*
Desktop publishing Knowledge of desktop publishing is vital in many aspects of today’s visual business publications. This event provides recognition to FBLA members who can most effectively demonstrate skills in the areas of desktop publishing, creativity, and decision making.
This event consists of two (2) parts: an objective test and a production test. Participants are required to complete all parts to be eligible to win an award (see state exception below). A one (1) hour objective test will be administered based on the Objective Test Competencies. The score received on this portion of the event will constitute 15 percent of the final event score. Two (2) hours will be given for the production test at the local school site.
This event begins at States.
Emerging Business Issues*
Emerging business issues This event provides FBLA members with an opportunity to develop and demonstrate skills in researching and presenting an emerging business issue. The event is based on team rather than individual participation. In addition to learning research skills, team participants develop speaking ability and poise through oral presentations.
This event consists of two (2) parts: a preliminary written report submitted before the SLC as outlined in these guidelines, and a performance component based on the top ten (10) written preliminary reports. The finalists will give a presentation for the topic provided below, taking the affirmative or negative argument.
The prompt for 2010-2011 is: There is a great deal of emphasis in our economy to build and operate businesses in an environmentally efficient manner. Should state or federal government offer special incentives for companies that choose to build with green materials, harness green power, and employ other green tactics in their operations? Be prepared to argue the affirmative that yes, the government should offer incentives in order to encourage businesses to build green; or be prepared to argue the negative, that no, the government should not subsidize overhead costs of businesses that build or operate in an environmentally efficient manner.
This event begins at States.
Entrepreneurship
Entrepreneurship Owning and managing a business is the goal of many Americans. This event recognizes FBLA members who demonstrate the knowledge and skills needed to establish and manage a business. This event is based on team rather than individual participation. In addition to learning and applying business decision-making skills, team participants develop speaking ability and poise through oral presentations.
Section: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively.
State: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively. The top five (5) teams with the highest score will compete in the performance portion of this event.
The case study for the finalist teams will consist of a decision-making problem encountered by entrepreneurs in one or more of the following areas: business planning, human relations, financial management, and marketing. All the questions raised in the case must be addressed during the presentation.
Global Business
Global business The global economy is a complex, continually flowing and constantly changing network of information, goods, services, and cultures. Most nations rely on other nations for natural resources to supply their needs and wants. Global business also provides new markets and investment opportunities as well as promotion of better relationships.
Section: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively.
State: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively. The top five (5) teams with the highest score will compete in the performance portion of this event.
The case study for the finalist teams will consist of a decision-making problem encountered by entrepreneurs in one or more of the following areas: business planning, human relations, financial management, and marketing. All the questions raised in the case must be addressed during the presentation.
Management Decision Making
Management decision making Making critical decisions that provide the right direction and a winning position in today’s business world is essential to good management. Business executives must make high-quality, nearly instantaneous decisions all the time. The ability to make the right decisions concerning vision, growth, resources, strengths, and weaknesses leads to a successful business. It is management’s responsibility to manage for today and tomorrow, to manage for optimum efficiency, and to manage to compete in the marketplace.
Section: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively.
State: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively. The top five (5) teams with the highest score will compete in the performance portion of this event.
The case study for the finalist teams may consist of a problem encountered by managers in one of the following areas: human resource management, financial management, marketing management, or information systems management. Members of the team will assume the role(s) of management and present a solution to the case problem.
Parliamentary Procedure
This event recognizes FBLA members who demonstrate knowledge of the principles of parliamentary procedure. This event is based on team rather than individual competition. Team participants develop speaking ability and poise through competitive performance.This event is composed of two (2) parts: an objective test and a performance component.
Objective Test (Section and State): A one (1) hour objective test will be administered based on the competencies listed. The team score is determined by averaging the scores of its members.
Performance (State): The case problem will be given to simulate a regular chapter meeting. The examination and performance criteria for this event will be based on Robert's Rules of Order, Newly Revised, and the five (5) finalists will be selected based on the scores of the objective test.
An asterisk (*) indicates that this competition begins at States.
Banking and Financial Systems*
Banking and Financial Systems Understanding how financial institutions and financial consulting and advisory services operate is important to successful business ownership and management, as well as to personal financial success. This event provides recognition for FBLA members who demonstrate an understanding of and skill in the general operations of the various components of the financial service sector.
This event consists of two (2) parts: an objective test and a performance component. A one (1) hour objective test will be administered based on the competencies listed. Team members will take one (1) objective test collaboratively. The top five (5) teams with the highest objective scores will compete in the performance portion of this event.
This event begins at States.
Business Ethics*
Business ethics Ethical decision-making is essential in the business world and the workplace. This team event recognizes FBLA members who demonstrate the ability to present solutions to ethical situations encountered in the business world and the workplace.
This event consists of two (2) parts: a preliminary written report submitted before the SLC based on the preliminary round topic provided with these guidelines and a performance component for the top ten (10) written preliminary reports. The performance team will present and defend its positions related to an ethical dilemma.
This event begins at States.
Business Financial Plan*
Business financial plan Business financial planning is paramount to the success of any business enterprise. This event is designed to recognize FBLA members who possess the knowledge and skills needed to establish and develop a complete financial plan for a business venture. The financial plan requesting a loan from a financial institution must be economically and financially sound with a realistic time frame. In addition to learning and applying financial business decision-making skills, team participants develop business contacts, implement written and oral skills, and develop familiarity with procedures of financial institutions.
The event consists of two (2) parts: a prejudged report and a performance component for the top five (5) prejudged reports. Participants are required to complete all parts to be eligible to win an award. A prejudged report should be developed based on the topic below.
The prompt for 2010-2011 is: Due to the economy, changing lifestyles, global warming, and the desire for stress-free vacations, you are going to open a service business called Backyard Vacations. This business will be based on the idea that your home is now your vacation spot. The business will come in and change the customer’s yard to accommodate the family. This could include installation of pools, spas, playgrounds, grills, porches, gardens and areas for relaxation. Prepare a business financial plan for the purchase of the materials including the rent of a centrally located building, office equipment, and startup capital for the first 20 customers.
This event begins at States.
Business Plan*
Business plan Business plans are an effective tool for evaluating, organizing, and selling a new business concept. A well-developed business plan can be a key component of a successful business start-up. This event recognizes FBLA members who demonstrate an understanding and mastery of the process required in developing and implementing a new business venture.
This event consists of two (2) parts: a prejudged report and a performance component for the top five (5) prejudged reports. Participants are required to complete all parts to be eligible to win an award. A prejudged report should be developed based on a proposed business venture or current business operation.
This event begins at States.
Business Presentation*
Business presentation Using technology to support a presentation can significantly enhance a business leader's effectiveness. This event provides recognition for FBLA members who demonstrate the ability to deliver an effective business presentation while using multimedia presentation technology.
This event consists of two (2) parts: a preliminary written report submitted before the SLC as outlined in these guidelines, and a performance component based on the top ten (10) written preliminary reports.
The prompt for 2010-2011 is: The CEO of your company has asked you to present information on how the company should be using social media to communicate with the clients. Select one or more types of social media that can be used for communicating to the company’s clients. Several points to include are tips, lingo, privacy issues, social networking, micro blogging, etc.
This event begins at States.
Desktop Publishing*
Desktop publishing Knowledge of desktop publishing is vital in many aspects of today’s visual business publications. This event provides recognition to FBLA members who can most effectively demonstrate skills in the areas of desktop publishing, creativity, and decision making.
This event consists of two (2) parts: an objective test and a production test. Participants are required to complete all parts to be eligible to win an award (see state exception below). A one (1) hour objective test will be administered based on the Objective Test Competencies. The score received on this portion of the event will constitute 15 percent of the final event score. Two (2) hours will be given for the production test at the local school site.
This event begins at States.
Emerging Business Issues*
Emerging business issues This event provides FBLA members with an opportunity to develop and demonstrate skills in researching and presenting an emerging business issue. The event is based on team rather than individual participation. In addition to learning research skills, team participants develop speaking ability and poise through oral presentations.
This event consists of two (2) parts: a preliminary written report submitted before the SLC as outlined in these guidelines, and a performance component based on the top ten (10) written preliminary reports. The finalists will give a presentation for the topic provided below, taking the affirmative or negative argument.
The prompt for 2010-2011 is: There is a great deal of emphasis in our economy to build and operate businesses in an environmentally efficient manner. Should state or federal government offer special incentives for companies that choose to build with green materials, harness green power, and employ other green tactics in their operations? Be prepared to argue the affirmative that yes, the government should offer incentives in order to encourage businesses to build green; or be prepared to argue the negative, that no, the government should not subsidize overhead costs of businesses that build or operate in an environmentally efficient manner.
This event begins at States.
Entrepreneurship
Entrepreneurship Owning and managing a business is the goal of many Americans. This event recognizes FBLA members who demonstrate the knowledge and skills needed to establish and manage a business. This event is based on team rather than individual participation. In addition to learning and applying business decision-making skills, team participants develop speaking ability and poise through oral presentations.
Section: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively.
State: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively. The top five (5) teams with the highest score will compete in the performance portion of this event.
The case study for the finalist teams will consist of a decision-making problem encountered by entrepreneurs in one or more of the following areas: business planning, human relations, financial management, and marketing. All the questions raised in the case must be addressed during the presentation.
Global Business
Global business The global economy is a complex, continually flowing and constantly changing network of information, goods, services, and cultures. Most nations rely on other nations for natural resources to supply their needs and wants. Global business also provides new markets and investment opportunities as well as promotion of better relationships.
Section: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively.
State: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively. The top five (5) teams with the highest score will compete in the performance portion of this event.
The case study for the finalist teams will consist of a decision-making problem encountered by entrepreneurs in one or more of the following areas: business planning, human relations, financial management, and marketing. All the questions raised in the case must be addressed during the presentation.
Management Decision Making
Management decision making Making critical decisions that provide the right direction and a winning position in today’s business world is essential to good management. Business executives must make high-quality, nearly instantaneous decisions all the time. The ability to make the right decisions concerning vision, growth, resources, strengths, and weaknesses leads to a successful business. It is management’s responsibility to manage for today and tomorrow, to manage for optimum efficiency, and to manage to compete in the marketplace.
Section: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively.
State: A one-hour objective test will be administered based on the competencies listed. Team members will take one test collaboratively. The top five (5) teams with the highest score will compete in the performance portion of this event.
The case study for the finalist teams may consist of a problem encountered by managers in one of the following areas: human resource management, financial management, marketing management, or information systems management. Members of the team will assume the role(s) of management and present a solution to the case problem.
Parliamentary Procedure
This event recognizes FBLA members who demonstrate knowledge of the principles of parliamentary procedure. This event is based on team rather than individual competition. Team participants develop speaking ability and poise through competitive performance.This event is composed of two (2) parts: an objective test and a performance component.
Objective Test (Section and State): A one (1) hour objective test will be administered based on the competencies listed. The team score is determined by averaging the scores of its members.
Performance (State): The case problem will be given to simulate a regular chapter meeting. The examination and performance criteria for this event will be based on Robert's Rules of Order, Newly Revised, and the five (5) finalists will be selected based on the scores of the objective test.