Florida Tech to Host 25th Annual High School Business Ethics Competition November 1

event will begin at 9 a.m.

BREVARD COUNTY • MELBOURNE, FLORIDA – The Bisk College of Business at Florida Tech will hold its 25th Annual High School Business Ethics Competition starting at 9 a.m. Friday, November 1.

The competition will feature teams from schools in Brevard County and surrounding areas.

It is designed to encourage high school students to explore the subject of ethics and leadership, reflect on how ethical principles are related to decision-making in the business world, and evaluate the ethical adequacy of actual decisions made by managers.

The event is supported by Community Credit Union and Brevard Public Schools.

There are four goals of the competition:

■ Enhance the knowledge of ethics and how this knowledge relates to the business world.

■ Determine how to apply ethical tests when faced with an ethical problem and how to defend choices.

■ Grow team skills and experience the challenge and enjoyment of interschool scholastic competition.

■ Provide a forum for future business leaders to interact with experienced professionals to discuss the role of ethics in business

■ Teams are limited to between three and four members, including no more than one senior. Judges come from a variety of career fields and include members of the Bisk College of Business Advisory Board as well as several community members.

The competition will feature two rounds:

Morning Elimination Round: Teams will develop and analyze solutions to a business ethics and leadership problem concerning artificial intelligence (AI), specifically: safeguards that will be needed to stop social stratification; the possibility of relying on decision-making machines to make ethical decisions; the benefits and weaknesses in the implementation of AI toward people as it relates to workplace displacement, social alienation, healthcare and education; and other key issues that emerge from ethical decision making relative to AI.

The top three teams will advance to the ranking round.

Ranking Round: The three final teams are given one hour to formulate an ethical solution to a different situation, unknown to them until their preparation time begins.

The competition will award up to $156,000 in merit scholarships to Florida Tech and cash to the top teams, depending on team size.

All participants are guaranteed a minimum merit scholarship of $12,000, renewable for three additional years, if they enroll at Florida Tech.

For more information, contact Dory Sigman at [email protected] or 321-674-7327.

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