2. 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.
3. 3
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.
4. Investigation About Demand
Before purchasingrequired 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 jewelleryand 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 Purchasingmaterial for the stall we had a look to the economic level of
the students in the universityand through our this investigation we came to
know that the students of our universitymostly 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 shouldbe reasonable both for students and us.
5. 5
Total Estimate
As we are 12 group members so each girl invest 287 rps and the total
investmentwas 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 Profit
Movie 700 700
Cupcakes & Mousse 770 700
Aash 1200 300
Lemonade 300 300
Disposable 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 Item
Aash 20
Chocolate Mousse 40
Chocolate Cup-cakes 30
Lemonade 10
Movie Tickets 20
Resources Required
Resources Purpose
Multimedia For the purpose of Movies
Generator For the purpose of Movies
Tables For the purpose of stall
6.
7. 7
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 Names
Top Manager Maryam Javed
Marketing Manager Naila Irshad
Marketing Manager Kamila Yousaf
Marketing Manager Shaista Noor Muhammad
Operation Manager Fatima Muhammad Nabi
Operation Manager Kainat Babar
Operation Manager Nimra Khalid
Finance Manager Brishna Luni
Finance Manager Shamsia Eid Muhammad
Finance Manager Sabira Juma Khan
Other Manager Mehwish Khan
Other Manager Raheela Naeem
8. 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.
10. 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 shorttime 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.
11. 11
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.
