Schools

Executive Decision: Pine-Richland Students Nab Full Scholarship for PA Free Enterprise Week Program

Emily Reiling, Alex Honeywill, Michael Gleyze and Kaylyn Rocherwill learn how to run their own companies at the weeklong program.

They're only in high school, but Pine-Richland juniors Emily Reiling, Alex Honeywill, Michael Gleyze and sophomore Kaylyn Rocher will soon get a chance to run their own companies—at least for a week.

Organizers at the Foundation for Free Enterprise Education have granted Emily, Alex, Michael and Kaylyn full scholarships to attend Pennsylvania Free Enterprise Week 2013 on the campus of Lycoming College in Williamsport in July.

Pennsylvania Free Enterprise Week is a weeklong economic education program that offers students an inside look at the private enterprise system and the way the free market functions.

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The week-long sessions are offered in July and August.

During the program, student “companies” simulate the actual operation of their own businesses for the equivalent of three years.

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Business volunteers serve as “Company Advisors” who mentor the students as they face many of the same decisions real executives confront.

The companies compete against each other in the areas of management skill, return on net assets, a marketing and advertising campaign, and a presentation to stockholders.

Company Advisors do not make decisions for their team, but suggest available options and share their own experiences and challenges. The program allows students to learn the value of teamwork, cooperation, and leadership, according to a statement from Pine-Richland School District.

Dozens of world-class speakers present seminars and discussions covering topics like the relationships of business with labor, government, and consumers.

The students also hear talks about business ethics, management and leadership skills, the economic system future, the global marketplace, money and banking, business operations, careers in business, marketable skills, and much more.

PFEW is now in its 35th year and is totally funded, taught, and staffed by the Pennsylvania business community.

PFEW also is supported by seven manufacturer’s associations, more than 90 chambers of commerce, and more than 700 companies.

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