new business
Post on 12-Aug-2015
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TRANSCRIPT
Business
Project
Made By:
Maryam Javed
Kainat Babar
Dept .
B.B.A
1 Semester
Submitted To:
Ma'am Shazia
15-June-2015
Idea Generation :
When our teacher told us that we are
assigned with project that is to set up a
stall of any products to earn profit. The
idea which come first in our mind is of food
stalls, games and girls accessories because
we do surveys in a lot of stalls of other
depts, so we are assure of it that our idea
will be profitable and beneficial and will be
admired by customers.
SWOT Analysis Of Our Group
1.Strength Unity.
Time management.
High investment.
Good service.
Co-operation with each other.
Creative, talented and innovative.
2.Weakness Lack of experience.
Depends on services of university.
Lack of resources like Generator, refrigerator etc.
3.Opportunities Confident.
Location.
Creative and innovative members.
4.Threats Class competition.
University Policies.
First experience.
3
Investigation About Demand
Before purchasing required products our group members had a
survey among the students in order to know the taste of the
customers for the different products. And for this purpose we had
made a list of different items like food items, games, lottery system,
movie theater, handmade jewellery and much more.
After a long survey in all part of the university, meeting and
communicating with most of the students finally we come to know
that ninety percent of the students and our customers are
interested in food items and movie.
Purchasing Power
Before Purchasing material for the stall we had a look to the
economic level of the students in the university and through our this
investigation we came to know that the students of our university
mostly don't bring money more than 100 and almost they don't
spend more than 50 that's why we put the cost of our products
below 50 so that it should be reasonable both for students and us.
Total Estimate
As we are 12 group members so each girl invest 287 rps and the
total investment was of 3,450 rps and from this money we spend
1200 on Aash, 770 on bakery products, 700 on tickets and posters,
300 on lemonade and 480 on disposable expenses.
Items Investment ProfitMovie 700 700Cupcakes & Mousse 770 700Aash 1200 300Lemonade 300 300Disposable 480 ---Total 3,450 2,000
Price
We put very reasonable price of our each item so that
every student will easily but it.
Per Item Price Per ItemAash 20
Chocolate Mousse 40Chocolate Cup-cakes 30Lemonade 10Movie Tickets 20
Resources Required
Resources PurposeMultimedia For the purpose of MoviesGenerator For the purpose of Movies
Tables For the purpose of stall
5
Selecting Name
We discussed with our group members that what should be
the group name and after a long discussion and argument
we decided the name of our group that is "Angels Of
Avenge" .
Assigning Duties
Before assigning duties to each member we keep this point
in our mind "Right person for the right work". And we ask
each group member that what she is willing or capable to
do. So according to this we assign the duties which are
given below.
Duties NamesTop Manager Maryam Javed
Marketing Manager Naila IrshadMarketing Manager Kamila YousafMarketing Manager Shaista Noor MuhammadOperation Manager Fatima Muhammad NabiOperation Manager Kainat BabarOperation Manager Nimra KhalidFinance Manager Brishna LuniFinance Manager Shamsia Eid MuhammadFinance Manager Sabira Juma KhanOther Manager Mehwish KhanOther Manager Raheela Naeem
Selecting Location
We decide that our stall must be at very commercial area
where every girl must come. After a long survey we come
to know that every girl must visit Cafeteria everyday, So
our plan is finalized that our stall should be in front of
Cafeteria.
Advertising
For advertisement we gave the order of posters for the
movies. And we also distribute pamphlets to the students
and invite them to must come and visit our stalls and movie
and we told them that if you guys bring your friends with
you we will gave you tickets on half price.
7
Recommendation
There are some mistakes which we done in our business
activity they are as follow
In our group some members are not active we can call them
sleeping partners. They burdenize others they do whatever
they want in short they ignore what the leader is saying this
kind of mistake may cause lose to us.
Because we don't have good kind of resources like generator,
electricity we don't have a good kind of profit.
In movie hall a mistake happened that really disappoint the
registrar and our subject teacher also because of laziness of
some group members.
It is a big deal to assign each member their duty because we
are having 12 girls in our group and it is very difficult to
manage them.
We have very short time for this activity if we were informed a
week before these all kinds of mistakes, mismanagement will
not happen but we gave our best and try in every stage to not
disappoint anybody.
9
Conclusion
From this activity we concluded that business on small
budget is always profitable than large businesses and have
a little risk. And in schools, colleges and universities food
stalls are more beneficial than girls accessories and other
products because over this kind of places students like and
are more interested in food items. These kind of activities
make us active and are very useful for us. Before knowing
what business is we think it is just an activity of earning
profit but after this activity we came to know it is not just to
earn profit, the more we will put input the more we gain
output in the result of profit.
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