Welcome!
Welcome to South Carolina's Network of Virtual
Enterprises, International™ web site! Virtual Enterprise offers
students the opportunity to experience in a simulated business environment
all facets of being an employee in a firm. Learn how this live simulation
fosters economic literacy through enterprise education in a Global
Marketplace and how students can become involved.
A Virtual Enterprise is a simulated business that
is set up and run by students to prepare them for working in a real
business environment. With the guidance of a teacher ("consultant")
and real-world business partners, the students determine the nature
of their business, its products and services, its management and
structure, and engage in the daily operations of running a business.
Emphasis is placed on using current business software, communications,
and the Internet for business transactions.
More and more classroom teachers have found ways
to bring the business world to their students through programs such
as the Stock Market Game and Junior Achievement. These programs
teach entrepreneurship and practical skills that are essential to
career readiness while promoting healthy competition to motivate
students. The Virtual Enterprise Program follows in the footsteps
of these other efforts, and has the added advantage of linking students
in a global business network. This simulation takes the teacher
outside of the traditional instructional paradigm and then places
the students on the front lines of the business world.
As the network of student-run businesses in the
United States continues to grow, virtual enterprises are linking
together in regional, national and global networks so that the firms
have each other as trading/business partners. Such a network permits
standardization and coordination of activities among all firms within
a city, state, or country.
The Virtual Enterprise courses offered in South
Carolina meet the South Carolina State Standards for the Small Business
Administration cluster.
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