7-Eleven to sponsor competition--franchising for high school students.Although high school students are regular consumers of the goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. provided by franchised businesses, they have had little exposure to the business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets of these popular and rapidly-growing brands. But soon, thanks to 7-Eleven's sponsorship of the International Franchise Association's Student Franchising Competition, students in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and several countries and territories will have an opportunity to learn all about this unique business format.The competition is conducted in association with Distributive Education distributive education n. An educational program in which students receive both classroom instruction and on-the-job training. Clubs of America and reaches more than 5,000 DECA DeCA Defense Commissary Agency (US DoD) DECA Delta Epsilon Chi DECA Distributive Education Clubs of America DECA Defense and Economic Cooperation Agreement high school chapters throughout the United States, the Virgin Islands, Guam, Puerto Rico, Canada, Mexico, Germany and Korea. The competition provides posters and educational materials about franchising for students and allows them to work with DECA advisors to complete a project based on the theme, "Organizing a Franchise Business." Outstanding projects are submitted to state DECA organizations and the winners will be judged in a national competition in the spring. In 2005 DECA's international career development conference will be conducted April 27-30 in Anaheim, Calif. The international winners will receive scholarships and trophies such as those sponsored by IFA Immunofluorescent assay (IFA) A blood test sometimes used to confirm ELISA results instead of using the Western blotting. In an IFA test, HIV antigen is mixed with a fluorescent compound and then with a sample of the patient's blood. and 7-Eleven. "7-Eleven's sponsorship of this annual competition helps expose thousands of high school students to the ways franchising works in the U.S. economy and around the world," said IFA Educational Foundation Chairman Dick Rennick, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , American Leak Detection. 7-Eleven operates or franchises approximately 5,800 stores in the United States and Canada and licenses approximately 20,700 stores in 17 other countries and U.S. territories. "The partnership between DECA, the IFA Educational Foundation and 7-Eleven is an excellent example of business and education working together to invest in the next generation of business owners and entrepreneurs," said DECA Inc. Executive Director Ed Davis. "We welcome 7-Eleven to the National Advisory Board and look forward to building great partnerships at the local levels." DECA is a student organization that prepares young people for careers in marketing, management and entrepreneurship. It partners education and business communities to provide learning opportunities for high school and college students. |
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