The goal of Virtual Enterprise is to combine motivation and essential skills necessary to manage career advancement in business and communication. The program has a positive influence on student’s career preparation, and gives them a realistic view of the business world. The mission of this program is to provide students with a broader national and international perspective of real business practices in a virtual world.
Virtual Enterprises (VE) is a simulated business that is set up and run by students with the guidance of a teacher/facilitator and a business partner. This program allows students to experience all facets of being an employee in a firm in an actual business environment. Students are involved in every aspect of a running a business, including human resources, accounting, product development, production, distribution, marketing and sales, and they engage in trade with other VE firms around the world via fax, postal mail, e-mail, the Web (e-commerce), and trade fairs. This simulation conveys the expectations of a real-world workplace and enables students to understand how company executives, employees, workgroup teams, and departments interact and work together to establish and meet company goals.
The Virtual Enterprise is a comprehensive and student-oriented approach towards teaching and learning that provides practical and task-oriented instruction in a real-world environment.With communication links to nearly 3,000 VE firms around the world, the program exposes students to different cultures, business practices and currencies and gives students a broader international perspective. Students engage in hands-on applications, problem solving, and written and verbal communication. In addition, students learn about a variety of careers associated with business,acquire global economic knowledge, and use technology as applied in business.
By combining a rigorous curriculum with hands-on application of many academic skills, VE aims to prepare students for both careers and college. The task-based, copyrighted curriculum includes a strong academic component focused on writing, speaking, math and technology skills. The program seeks to motivate students by setting high expectations and showing them the relevance of their education.