Summer 2002 (10.2)
Supports Junior Achievement
Above: Exxon Azerbaijan supports the Junior
Achievement program in Azerbaijan, which provides business, economics
and entrepreneurship training to students.
Exxon Azerbaijan Operating
Company, LLC ("Exxon Azerbaijan"), an ExxonMobil subsidiary,
has been supporting the Junior Achievement program in Azerbaijan
for the past three years. Junior Achievement is a U.S.-based
international organization dedicated to educating young people
about business, economics and free enterprise.
In 2002, Exxon Azerbaijan plans to help implement a number of
projects within the Junior Achievement program. These include
a grant to help 18 teams from Azerbaijan participate in the Hewlett-Packard
Global Business Challenge Competition (HPGBC), an annual international
competition conducted via the Internet. HPGBC is a computer simulation
in which each team is a virtual company producing a certain product.
During the competition, students read and interpret financial
reports and are challenged to outperform the competition in terms
of profit, sales and market share. Students set prices, determine
production levels, plan marketing, research and development budgets
and invest in plant and equipment.
Other projects within the 2002 Junior Achievement program will
include the printing of 1,500 copies of the "Introduction
to Economics" textbook in Azeri and Russian, to supplement
the 1,000 copies printed in 2000. The textbook, used in upper
grades of secondary schools throughout the world, was translated
from English to Azeri in 1999. Schools will also receive Management
and Economic Simulation Exercise software, a computer program
that teaches the value of trade and practical business skills.
Junior Achievement will also organize and sponsor "Student
Companies," a program that envisions groups of students
writing detailed business plans and starting their own small
businesses. In addition, Exxon Azerbaijan plans to donate a number
of computers to Junior Achievement for the future training of
schoolchildren and teachers.
Junior Achievement staff can be reached at (994-12) 94-00-54
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