Six university teams from the region are getting the chance to compete for a grand prize of $2,000 in the Phillips 66-Enactus Business Ethics Case Competition today through Saturday, hosted by Kansas State University and sponsored by the Phillips 66 Excellence in Business Ethics Initiative.
Teams competing are from the University of Kansas, Iowa State University, Texas A&M University, Truman State University, University of Northern Colorado and University of Oklahoma.
Enactus is a nonprofit, global organization that uses entrepreneurial action to create and implement community outreach projects around the world. Enactus teams get to decide how many projects and what type of projects they do. Enactus is open to all majors.
At the competition, the four-member student teams have 36 hours to analyze a problem, plan a solution and present a professional PowerPoint for the judges. Teams are judged on three different components: the application of the ethical principles, business consideration and presentation skills.
The competition allows students to demonstrate their understanding of ethical leadership when faced with realistic business ethics dilemma. Students also will get the chance to improve their presentation skills and network. In addition, the competition lets students apply knowledge acquired through their college courses; network with other students, schools and business advocates; and explore future career strategies.
The winning team will receive $2,000; second place earns $1,500; third place, $1,000; and fourth, fifth and sixth places, $500.
The competition is at the Holiday Inn Manhattan at the Campus, 1641 Anderson Ave., which is across the street from the university campus.