2. Muhammad Mudassar FA17-BBA-078
Muhammad Usama FA17-BBA-040
Muhammad Bilal Hassan FA17-BBA-096
Usama Ahmmad FA17-BBA-086
Malik Izhar FA17-BBA-020
Shahid Ali FA17-BBA-080
Muhammad Arshad FA17-BBA-114
Sehrish Sohail FA17-BBA-100
Areeba Altaf FA17-BBA-106
3. What is the market timing?
The market starts after the Fajar prayer and market
remains open till sunset.
The peak hours of market are from Fajar prayer to 10
am. Mostly the buying and selling of fruits takes place
in these hours.
4. What are the types of product?
Types of products depends upon the season of fruits. In
current season market is dealing in
Mango
Apple
Peach
Banana
Melon
Watermelon
Plum
Black currant e.t.c
5. What is the nature of buyer?
In market buyers are of four types
One who buy products and sells within the market
Second who buy products and sells outside the market
Third who buy the products and sells in shops
Fourth the consumer who buy for their personal use
6. Who is Broker?
Broker is a person who directly purchase products
from farmers and then auction the products on
commission.
7. Does broker have any contact with seller?
Yes broker have contact with seller and sometimes
they also have partnership with farmers.
Brokers also guide the gardeners.
8. How broker comes to know about price of
product?
Brokers comes to know about the price of the product
according to the condition of the market.
If products are excess in quantity then the price should be
low.
If the products are less in quantity then the price should be
high.
Price of the product also depends upon the quality of
products and nature of the buyer.
9. Does broker make any plan for future trading?
Yes brokers make future planings by making long
terms relationships with gardeners.
Helps the gardeners by providing proper instructions
according to the season for the growth of fruits.
10. Are the brokers have any license?
In the market all the brokers have license from market
committee to deal with in the market.
Without this license you do not have permission to
deal in the market.
Brokers pay to government for this license every year
and also pays taxes.
11. What is the commission percentage of brokers?
Brokers have the commission percentage of 2.5 on
every hundred rupees.
This commission percentage is decided by the
government.
12. Does they manage general journal and
income statement?
Yes they manage the journal and income statements
through which they come to know about the profit and
expense to buy the products.
13. When they close their accounts
details?
They close their account details on the daily basis.
14. How they manage accounts details?
They manage their account details on registers known
as khata .
Some details are also manage on the softwares.
