College of Micronesia FSM holds fourth Food and Fashion Friday Festival

COM
November 4, 2016
Pohnpei, FSM—The College's Business Administration Division along with the help of the Center for Entrepreneurship held its fourth Food & Fashion Friday Festival (F4) at the Pohnpei Cinema parking lot on November 4, 2016.
F4 is a collaborative project that the division faculty uses as a tool to assess selected A.S. Business Administration programs and course student learning outcomes (PSLO and CSLO).
Students who are taking basic courses in Management, Marketing, and Finance, began their preparations as early as the second week of Fall 2016. They put together business plans, marketing plans, and cash flow projections. They also drafted their articles of incorporation. These preparations culminated in a one-day actual sale event during which the students showcased their knowledge and skills in the different functional areas of business.
The financial component of this collaborative project will later be handled by Accounting II students. They will record the business transactions and prepare the basic financial statements for some of the groups.
This semester, other programs like the Hospitality and Tourism Management, Public Health, Food Technology, Technology and Trades and Future Farmers Club joined the F4 and sold their products as well.
Assessment results of this activity will be shared with the college community at the end of this semester.