REPORTERS, EDITORS: To arrange for coverage of any part of this event, including students' intensive problem-solving sessions, please contact professor William Kehoe, faculty advisor, at (804) 924-7045. PRESTIGIOUS BUSINESS-CASE COMPETITION AT U.VA. SHARPENS REAL-LIFE SKILLS OF UNDERGRADUATES CHARLOTTESVILLE, Va., Feb. 6 -- An international array of top business school undergraduates from universities in New Zealand, the United Kingdom and the United States will confront tough, real-life business challenges when they meet for the 15th Annual McIntire International Case Competition (MICC), to be held here Feb. 14-17 sponsored by the University of Virginia's McIntire School of Commerce. This year, teams from the University of Pennsylvania's Wharton School of Business, the University of Waikato in New Zealand, Hampton University, the University of Manchester in England and the University of Minnesota, will participate in the event. Each team is given a case written by several McIntire faculty members that presents pertinent facts about a company and details a specific problem. In 24 hours, the students must have analyzed and determined a solution. Each team then presents its solution before a panel of distinguished judges, who represent a spectrum of industries, universities and the business press. Based on the written and oral presentations, this panel declares one team the winner. While each team prepares for its presentations, advising faculty members will join U.Va. faculty and students in an open forum to discuss current international business topics. The MICC is supported by a grant from the General Electric Fund, which has been supporting higher education projects for more than 40 years. GE Fanuc Automation North America Inc., a leading industrial controls supplier based in Charlottesville, provides organizational support necessary to make the competition a success. According to Donald Borwhat, GE Fanuc's senior vice president of human resources, the MICC participants are the "community leaders of tomorrow, and we (General Electric) want to help develop their skills. This belief along with the international aspects are reflected in this year's theme, 'Bringing a World of Experience Together.'" MICC has been so successful that other universities have used it as a model to implement their own case competition. In addition, several cases chronicled by the competition have been published in textbooks and used by numerous executive development programs. Since its establishment in 1981, the MICC has remained committed to fulfilling three key objectives: ¥ To provide an opportunity for both participants and their schools to gain international exposure, and take advantage of contact with other undergraduates students from around the world. In the past six years, MICC has hosted students teams from the United Kingdom, the Netherlands, Sweden, Germany and Canada. ¥ To provide a forum for faculty from among the world's finest undergraduate business schools to discuss topics affecting today's international business arena. ¥ To foster industry media awareness of the importance of undergraduate business schools The U.Va. McIntire School of Commerce is consistently ranked as one of the nation's leading undergraduate business schools. ### February 5, 1996