Brooklyn's Edward R. Murrow High School Wins First Place in Fourth Annual US Network of Virtual Enterprises and Merrill Lynch National Business Plan Competition.Two New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Public High Schools Place First and Third Among Winners Receiving $25,000 in Cash Prizes from Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Two New York City high schools and one California One California is a skyscraper in San Francisco, California. The building rises 438 feet (134 meters) in the northern region of San Francisco’s Financial District. It contains 32 floors, and was completed in 1969. high school won the top three awards in the fourth annual US Network of Virtual Enterprises & Merrill Lynch National Business Plan Competition of aspiring young business managers from public high schools across the country. For the third time in four years, Edward R. Murrow High School Edward R. Murrow High School, founded in 1974 by Saul Bruckner, is located in the Midwood section of Brooklyn, New York City, New York and is part of the New York City Department of Education. of Brooklyn, New York, and its team of students attained first place for "Universal Promotions" offering promotional concepts and products. Bakersfield High School Bakersfield High School (BHS) is a high school located in Bakersfield, California, USA. First founded in 1893 as Kern County High School, changed to Kern County Union High School in 1915, and finally to Bakersfield High School in 1945. of Bakersfield, California “Bakersfield” redirects here. For other uses, see Bakersfield (disambiguation). Bakersfield (pop. 323,213GR2) is one of the fastest-growing, large-population cities in the United States. , won second place for "The Source." Fort Hamilton High School Fort Hamilton High School (HS 490) is a public high school in Brooklyn, New York, USA, under the jurisdiction of the New York City Department of Education. It has stood overlooking the Narrows and Lower New York Bay since 1941. , also of Brooklyn, placed third for "The Printing Depot." Seventeen teams from across the country presented their business plans over a prestigious and rigorous annual business plan competition over two days at Baruch College Baruch College: see New York, City University of. . The week culminated at the Awards ceremony opening the Fourth Annual Virtual Enterprises International Trade Fair drawing over 120 high schools exhibiting their virtual enterprises to 2,000 attendees. The announcement ceremony featured leaders from the New York's education, business and political communities: Sam Cooper, Director of Public Policy for Senator Hillary Rodham Rodham is an English surname which may refer to a number of persons or places. People Family of Hillary Rodham Clinton
"We applaud these talented students for their national leadership and all of the competing teams for the hard work required to qualify for the Virtual Enterprises & Merrill Lynch National Business Plan Competition," said Dr. Eddy Bayardelle, President of the Merrill Lynch Foundation. "Their excellence in developing and articulating a business strategy, demonstrating management capability, and driving for innovation in operations is the result of many dedicated hours of research, analysis and practice. The winning teams have become business experts in their own right, underscoring the impact that a single educational program can have and how business ownership, virtual or real, can make the global economy relevant in the classroom." A special award was also presented by Deputy Mayor Dennis Walcott and Merril Tisch to Ms. Stark in honor of her tireless effort to serve the youth of the nation through the Virtual Enterprises program. "Virtual Enterprises is a model for the type of real-world education that prepares our kids for life after high school and even beyond college," said Gregg Betheil, Senior Executive for Career and Technical Education at the NYC NYC abbr. New York City NYC New York City Department of Education. He is coordinating Mayor Bloomberg's Task Force for Career and Technical Education, which is reviewing career and technical educational opportunities across New York City and making recommendations for their improvement and expansion. The U.S. Network of Virtual Enterprises & Merrill Lynch National Business Plan Competition and Merrill Lynch Global Business Challenge, both coordinated by w!se, provide an opportunity for students to showcase their advanced entrepreneurial skills and business acumen. More than 400 Virtual Enterprise businesses operate in public schools 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. , comprising more than 9,000 students. Virtual Enterprises firms buy and sell 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. from other firms worldwide. While there are no physical goods or money are exchanged, financial transactions for virtual services take place through an online banking program using authentic checking and credit card operations. A Virtual Enterprise program has all the financial responsibilities of a traditional company which includes filing and paying corporate income taxes." "The fact that The National Business Plan Competition and Global Business Challenge is happening in April is important because April is Financial Literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. for Youth Month, a national opportunity to draw attention to the need for young adults to obtain training in personal finance basics like money management, savings, investing, and use of credit," says Ms. Frankfort. "It's also a time to highlight successful programs that are developing tomorrow's CEOs, leaders, and entrepreneurs." About Merrill Lynch's Philanthropy Merrill Lynch was founded on the idea that the world is full of opportunity. Opening the door to that opportunity for underserved children and youth is the focus of the firm's global philanthropy. In 2007, Merrill Lynch giving totaled almost $44 million, with education receiving nearly half of that support. Around the world, Merrill Lynch programs are providing better access to educational opportunities for those who need them most, specifically in the areas of youth financial education, entrepreneurship and global citizenship. Through the dedication of our employee volunteers, free educational resources at http://philanthropy.ml.com, and financial support, we are leveling the playing field for millions of young people to compete and succeed in the global marketplace. About W!se Working In Support of Education, an educational not-for-profit 501(c) 3 with a focus on building financial education and literacy, and fostering business and social entrepreneurship, is the U.S. Network of Virtual Enterprises National Activities Center. For more information, please visit www.moneypower.org About Virtual Enterprise International: Pioneered in New York City high schools, Virtual Enterprise International offers students the opportunity to experience a simulated business environment in all facets of working in a real corporation. Virtual Enterprises, International is a program initiative of the New York City Department of Education Office of Teaching and Learning/Career & Technical Education and is an adaptation of the European model known as practice firms. For more information, consult www.veinternational.com. |
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