2022-2023 New Jersey Future Business Leaders of America
JA Titan® Virtual Competition
Competition Overview
Join Junior Achievement and the New Jersey Future Business Leaders of America (“NJ FBLA”) for the 2018-2019 JA Titan Virtual Competition. Participating students will take on the role of a corporate business leader by making decisions to steer their business to success. Student teams will be prompted to make decisions that affect the profitability and sustainability of their virtual company and will attempt to outperform competitors in profit, sales, and market share. Students will set prices, determine production levels, invest in capital, develop budgets, and plan marketing and research. The competition will involve a maximum of 256 teams from the NJ FBLA high school chapters. The first round of competitions will be held virtually, based on the schedule below. The top teams in each industry will progress to the second round which will be held at Johnson & Johnson’s (“J&J”) offices where the students will partake in both the competition and a job shadow experience where J&J will have various executives discuss their roles at J&J and the overall J&J business.
Elimination Round – Using JA Titan 3.0
Round One: Starts TBD.
Regional Round: Dates TBD, in conjunction with TBD company/office locations (should be no later than the first week of February.
Final Round: Date to be determined in conjunction with Johnson & Johnson (should be no later than a date TBD.
Registration
Only FBLA Members are eligible to register teams for the 2018 - 2019 NJ FBLA JA Titan Virtual Competition. Registration will open from dates TBD. Teams will be filled on a first come first serve basis. Teams will consist of no more than 3 members to a team.
Prizes:
1st Place Team: Monetary reward $1000.00 & recognition at the NJ FBLA State Leadership Conference.
2nd Place Team: Monetary reward $500.00 & recognition at the NJ FBLA State Leadership Conference.
3rd Place Team: Monetary reward $250.00 & recognition at the NJ FBLA State Leadership Conference.
2018 – 2019 NJ FBLA Titan Virtual Competition Schedule
Round 1 Decision Deadlines
The competition will run as one decision per day with quarters closing at 9:00 p.m. on the dates listed below. The first elimination round begins TBD, at 9:00 a.m., and concludes TBD at 9:00 p.m. Decision deadlines as follows: TBD
Regional and Finals Round
The Regional Rounds will take place at four different office locations throughout the state of New Jersey with eight or sixteen teams at each location.
What Happens Next?
The top team from each game (industry) will advance to the Regional round. First-place winners that have met all registration requirements will advance to the Final round. The remaining slots (if we do not have 32 teams sign-up) could go to second-place winners in order of the point spread from the winning team in their round. Point spread will be determined by subtracting the difference of the second-place team’s Performance Index (PI) from the first-place team’s PI within each industry or game. The overall team with the smallest spread could continue to the next round. Not all second-place winners will move forward.
Competition Logistics
Key points to keep in mind for the competition:
- A $12 minimum price is required during the competition. Prices below this level are unwise and unprofitable because of production costs and often are used only to sabotage fellow competitors. We will be watching; don’t do it!
- The game will begin when the countdown timer reaches zero at 8:00 a.m. TBD
- Teams should use the username and password provided and confirmed by the Competition Administrator. A confirmation email will be sent prior to the start of the competition indicating your username and password.
- In the case of a tie, the value of Retained Earnings in the final quarter will be used to determine the winner.
- Each quarter lasts a minimum of one 24-hour period and may be longer to accommodate weekends and holidays; the manual-close method will be used. Quarters will not be held open for teams that have not entered decisions, and no decisions will be due on Saturday or Sunday during the competition. It is highly recommended to enter the team decision well in advance of the deadline to allow time to address any IT issues that may arise. If a technical issue requires a modified schedule, all teams will be notified by email from the administrator (JA Contact).
- Students may participate from any location with a high-speed Internet connection.
- In the event you experience any technical problems during the competition, please take the following corrective steps:
- Close and re-open your browser window.
- Log back into the competition.
- Double-check that your Internet connection is working by visiting another website.
• Should you have additional difficulty, contact TBD, Program Manager with
Junior Achievement of New Jersey at TBD Phone: 973.738.9470
FREQUENTLY ASKED QUESTIONS
Which username and password do we use?
Use the username and password provided by the Competition Administrator.
Which game do we choose?
There will be only one game available using the username and password provided. Select this game, and click the Play Game button.
How do we know we are winners and advancing to the next elimination round?
Winning teams will be notified by Competition Administrator to confirm their winning status after the qualifying competition. Please do not assume that your ranking within the system confirms your winning status.
Why might our team not be declared a winner even when JA Titan ranks our team with the highest PI? To ensure fair play and those sound business decisions are made by the team/company, the Competition Administrator reserves the right to intervene in cases where it is believed collusion, price-fixing, or cartel development is occurring. The decision of the Competition Administrator is final and may impact your team's standing and the game outcome.