How does Deca VBC work?

How does Deca VBC work?

The DECA Virtual Business Challenge (VBC) is a series of fast-paced, online simulations that challenge students to manage tasks in a virtual business. DECA’s VBC program offers eight tracks of competition—Accounting, Entrepreneurship, Fashion, Hotel Management, Personal Finance, Restaurant, Retailing and Sports.

What is Virtual Business personal finance?

Virtual Business – Personal Finance provides relevant tax, law, and regulatory information, including updated tax forms, Affordable Care Act requirements, and current health insurance offerings. Written content also covers topics such as the Consumer Financial Protection Bureau.

What is VBC fashion?

The Virtual Business – Fashion Track of the DECA VBC encourages DECA members to test their skills at managing a simulated fashion business. Participants will conduct trend research, design garments, promote via social media, select retail locations, and more.

What is the DECA Virtual Business Challenge?

Knowledge Matters sponsors and executes the DECA Virtual Business Challenge each school year. The DECA Virtual Business Challenge (VBC) is an official DECA competitive event where participants use the Virtual Business simulations to compete. It is a free event available to DECA high school members.

How many DECA Virtual Business Challenge tracks are there?

seven tracks
The seven tracks of the DECA Virtual Business Challenge include: Fashion, Accounting, Hotel, Personal Finance, Restaurant, Retailing and Sports & Entertainment. Competitors can compete in any or all of the tracks during the challenge.

What is DECA VBC?

DECA PARTNERSHIP The DECA Virtual Business Challenge (VBC) is an official DECA competitive event where participants use the Virtual Business simulations to compete. It is a free event available to DECA high school members.

What is DECA Virtual Business Challenge?

Participants in the DECA Virtual Business Challenge (VBC) operate a web-based business simulation utilizing a competition version of the Virtual Business software. Many Common Core Standards for Mathematics and English Language Arts & Literacy are supported by participation in DECA’s competitive events.

How does a virtual business teach Personal Finance?

Virtual Business – Personal Finance The Personal Finance online simulation teaches key personal finance concepts. Because you will track personal behavior and spending habits (finding an apartment, finding a job, getting a bank account, paying taxes, and more) of their simulated character, you retain more personal finance knowledge.

Which is the best way to teach Personal Finance?

Virtual Business – Personal Finance, updated in 2015, is the #1 way to teach personal finance in America. Virtual Business – Personal Finance online simulation teaches key personal finance concepts.

Why do you need a personal finance simulation?

The Personal Finance online simulation teaches key personal finance concepts. Because you will track personal behavior and spending habits (finding an apartment, finding a job, getting a bank account, paying taxes, and more) of their simulated character, you retain more personal finance knowledge.

When does the FBLA virtual business management challenge start?

Both the FBLA Virtual Business Personal Finance and the FBLA Virtual Business Management Challenges are official competitive events. Each track encourages FBLA members to test their skills within its particular Virtual Business environment – individually or as a team of up to 3 members. Team registration begins on Tuesday, October 5, 2021.