How to make a profit from a paperclip

It was an intriguing business challenge that the transition year students of Riversdale Community College were set.

Each student was presented with a paperclip and was given one weekend to complete as many swops as possible to end up with an item of higher value. Students kept a log of swops completed and the challenges they faced.

The winner of the challenge was Gavin Moloney, who made eight swops and ended up with shares in a Lurcher hunting dog! For his remarkable business acumen, Gavin was awarded first prize of a €100 voucher for Blanchardstown Town Centre.

A special commendation award of a €50 voucher was awarded to Amy Kelly.

“The students who took part in the challenge found it a great experience and felt they began to see how effective they can be in the business world,” said teacher Susan Robinson.

Such was the success of the project that it is envisaged it might be repeated next year.

 

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