Students from South Africa Take First Place in the 2006 National Black MBA Association National Student Case Competition Sponsor
10 Octobre 2006 - 7:28PM
PR Newswire (US)
* University of Stellenbosch, Cape Town, South Africa takes home
top honors * First time an international school wins the event *
Case analysis focused on minority supplier issues amid global
competition AUBURN HILLS, Mich., Oct. 10 /PRNewswire-FirstCall/ --
For the first time, graduate students at the University of
Stellenbosch from Cape Town, South Africa, competed for first prize
and won $15,000 in scholarships at the DaimlerChrysler Corporation
Fund-sponsored National Black MBA Association (NBMBAA) National
Student Case Competition held at the 28th annual conference in
Atlanta, Ga. Hampton University and the University of Georgia
received second and third place awards, respectively. (Photo:
http://www.newscom.com/cgi-bin/prnh/20061010/DETU020-a
http://www.newscom.com/cgi-bin/prnh/20061010/DETU020-b ) Since
1995, DaimlerChrysler Corporation Fund, along with DaimlerChrysler
Financial Services has been the sole sponsor of the National
Student Case Competition. The competition included MBA students
from nearly 30 top business schools from around the country. The
student teams developed business solutions to meet global business
challenges while competing for scholarship awards totaling $35,000.
In addition to participation in the academic competition, graduate
students representing the top business schools in the United States
and abroad gained valuable access and exposure to companies that
could recruit and eventually hire them. "DaimlerChrysler is
committed to sponsoring the National Student Case Competition at
the National Black MBA Association Annual Conference to provide
challenging business scenarios to better prepare MBA students for
global business opportunities," said W. Frank Fountain, Senior Vice
President - External Affairs and Public Policy (Auburn Hills),
Chrysler Group, and President of the DaimlerChrysler Corporation
Fund. "The team from South Africa presented a truly unique, global
solution, and reinforces why the DaimlerChrysler/NBMBAA National
Student Case Competition is a global event." The case study focused
on the fate of an ailing minority automotive supplier. Students
were asked to address the challenges facing a company who
encounters global competition, declining automotive vehicle
production and other hurdles. Elements of the presented proposals
included financial liquidity issues, manufacturing capacity and the
impact of global competitors. The teams were judged on the
feasibility of their recommendation, quality of their content
analysis, the custom solutions they provided and their presentation
styles. "As an international enterprise, DaimlerChrysler relies on
the brightest, most talented and diverse business leaders of
tomorrow for its success," said Janet Marzett, Vice President -
Human Resources and Administrative Services, DaimlerChrysler
Services Americas. "This year's assignment to assess the viability
of a minority supplier in the face of global competition and
dramatic changes in the automotive industry presented a unique
challenge to the students." Student teams participated from nearly
30 institutions across the United States including Clark Atlanta
University, Emory University, Florida A&M University, Howard
University, Indiana University and Johns Hopkins University.
http://www.newscom.com/cgi-bin/prnh/20061010/DETU020-a
http://www.newscom.com/cgi-bin/prnh/20061010/DETU020-b
http://photoarchive.ap.org/ DATASOURCE: Chrysler Group CONTACT:
Kevin McCormick of Chrysler Group, +1-248-512-6218, Web site:
http://www.media.daimlerchrysler.com/
http://www.daimlerchrysler.com/
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