TENNESSEE VIRTUAL ENTERPIRSE INTERNATIONAL ™. TN VEI Director, Cindy Boyd [email protected] Program Description.
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A Virtual Enterprise is a simulated business that is set up and run by students to prepare them for working in a real business environment. With the guidance of a teacher ("facilitator") and real-world business partners, the students determine the nature of their business, its products and services, its management and structure, and engage in the daily operations of running a business. Emphasis is placed on using current business software, communications, and the Internet for business transactions.
Virtual Enterprise began in Europe after WWII, though the idea dates back to apprenticeship concepts of the 17th century. There are now over 3,000 Practice Firms (as they are called outside the USA) in Europe, Canada, Australia, Asia, and Latin America.
In 1994 and 1995, representatives from the New York City Board of Education first observed the success of the program on a visit to schools in Vienna, Austria. They decided to pioneer the concept in the United States. The first Virtual Enterprise program in the United States was implemented in seven New York City high schools in September 1996. Currently, there are over 350 practice firms operating in the United States at secondary and post-secondary levels.
The following information is a summary of activities for the Virtual Enterprise International™ program at Blackman High School, and the Tennessee expansion.
For more information contact the TN VEI Director, Cindy Boyd at [email protected]
Pre and Post Test: Given at all schools in TN in the school year 2005-2006 that were teaching the VE program. 2006-2007 data is incomplete at this time. Data below compares Blackman and Lawrence County High School for school year 2005-06. (rural and urban)
Tennessee Virtual Enterprise students were asked to complete an exit questionnaire in the 2006-2007 year. The following tables display this Data is below: