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Show Junior A chieveni en I St iideii t s Apply Business Principles By Gordon Harman Tribune Staff Writer GRANGER The first of the year is clearance sale and liquidation time for businesses throughout the nation. Old merchandise is priced lower to sell, to make way for new stock, or, in the case of one youth business organization, to prepare for the end of the school year. Junior Achievement, the - nations oldest youth economic education program, conducted its annual area Trade Fair last week at the Valley Fair Mall in Granger, to introduce the -- v 2 mini-busines- s, turing, sales. advertising and Profit, Loss The companies also have to cope with real business-worl- d aspects, such as Lisa said one of the things she learned was how to relate to other people because of her close association with other students in her company. Members of many other companies said the same. Money earned by JA com- are used to pay salaries, simulated taxes and office rent and special accounts which are used to fund student travel and awards. The nat ional Junior Achievement organization sponsors several motivational conventions each year, which students praise for panies The student companies have to eojje u ith real business-worl- d aspects , such as wages,, rent, insurance , profit and loss , divitlends and stock clearance and litpiidation one of the main reasons for conduction the Trade Fair , according to Marilynn Gardner , Junior Achievement program director. public to JA and to sell products. According to prog- y ticipate in the program centered in Utah, coming from as far as Sweetwater County, Wyo. The purpose of Junior Acievement is to teach high school students the economic principles of the free enterprise system, by participatcoming in a plete with stockholders, company presidents and product development, manufac- ram director Marilynn Gardner, the Trade Fair is sort of a clearance sale, but not exactly a liquidation, which student companies must do in April. Wide V ariety Twenty-nin- e booths were set up in the mall, and student businesses offered a wide variety of products, ranging from battery jumper cables and clocks to vinyl brief cases and holog- raphic pendants. Junior Achievement in Salt Lake County involves more than 500 high school students. Areawise, more than 2,000 Achievers par- - wages, insurance, profit and loss, dividends and stock clearance and liquidation one of the reasons for the Trade Fair. Ms. Gardner said each company has a local firm which acts as sponsor and supplies advisers who work with the students in deciding on a product, organizing the manufacturing end and keeping accurate business records. Before I was in Junior Achievement, I didnt even know what stock was in the real sense, said Lisa Workman, 16, from Cottonwood High. But Ive learned a lot and Ive had a lot of fun learning it. their instruction relations. in human A JA company also might donate part of their profits to a charitable organization or pay stockholders in the form g of dividends and in a plan. profit-sharin- Copper Etchings Cobre, a company' sponsored by Kennecott Copper Corp., featured copper and brass etchings of ships and animals. Eddie Henkels, a student from Judge Memorial High, said he thought he would have learned, sooner or later, the things he did in Junior Achievementt. But because he participated in the experience of actually near her company display, ready to sell clocks and battery cables. Companies at the Trade she said. They arent hand- Junior Achiever Deanna Corey, a South High student, stands having to go out and sell an item, the teachings have had more impact. ' I may have learned about stock and profit outside Junior Achievement, sooner or later , he said. But things like product quality and business and personal communication are hard to come by. & & for awards, given by the JA board of directors and the mall merchants, identifying the ones which did the best job of displaying products, booth originality and development of the Junior Achievement theme for this year, A Little Pride Goes a Long way. There were also awards for the businesses which sold the largest volume of items, made the most Fair were competing money and for Awards salespersons. ;w- Superstar top student Clair Abee, an advisor to : "Si JYMCO, a student business sponsored by E1MCO, said JA is a very popular youth M because organization, events like the annual of moti-vation- al conferences. Students mature and learn responsibility, two aspects of life which are of the utmost he said. They importance, get to see the creation of a product and where it goes, who buys it an opportunity get to experivery ence. few-reall- en r- cs Personal Satisfaction L. As an adviser, Mr. Abee said he gets a great deal of personal satisfaction in working with youth and introducing them to the world of business, actually to the American way of life. With JYMCO, we get even closer to the aspect of manufacturing a product from raw materials and what its like to be the guy who operates a drill press, sander and router for a living , he said. ra c s jsf- e asE v OS a The business V A H Shawn OHara talks with prospective buyers about Lazer Gram during Junior Achievement 4 V f Trade Fair in Granger. The company sells pendants, charms, belt buckles. holographic community benefits from the experiences students get in JA, Ms. Gardner said. "Youth favor business and industry more than the average person, icapped with the old misconceptions about how the free enterprise system works. Besid that, she said, many JA students go on to stay in business and contribute expertise to the real world. They have a keen understanding of the awards and responsibilities available. Judge Student Dave Fenton, another Judge student and employee of Sign language, said he learned things in JA that just arent taught in high school. "1 certainly plan to participate next year, he said. Its been a valuable experience. Lazer Gram was the winner of the Merchants Award. Bagabonds won the Directors Award. Most Unique booth went to Artistic Creations, top dollar sales to Lazer Gram, cost effectiveness (the last money spent on the fair for the most collected) was won by Quik Kit. top unit sales to Achievers of America and the following students won Junior Achievement Superstar awards: Mary Jo Ahlir., Wingsong: Tim Baker. Point Three; Jcri Christopher, JYMCO; Deanna Corey, American Clock and Cable; Forsberg, Kitchen Sheila Kenyon, Litco; Kari Maloney, Achievers of America; James Cutlery; Elizabeth McConnell, Kitchen Cutlery; Scott Meitchen, Kitchen Cutlery; Mary J Lazer Gram; Lori Sandlin, Lazer Gram; Quinn, Suzanne Thomas, Creations; Artistic John Ward, Time, and Three. Point Cindy Ursetti, Awakening of |
