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SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN
Centre for Modern Architecture Studies in Southeast Asia
Foundation of Natural & Built Environments (FNBE)
Introduction to Business [BUS30104]
Prerequisite: None
Lecturer: Chang Jau Ho
Final Project: Charity Drive Event
30% Group Work + 10% Individual
Submission: Charity Drive Week – Monday to Friday, 17th
– 21st
November 2014 (week 15)
Charity Drive Report – Friday, 28th
November 2014 (Week 16)
Introduction
Business students often learn about business management or product marketing in a traditional
classroom setting. Unfortunately, this pedagogical method suffers from a major drawback since it does
not provide students with the practical experiences that are equally important as their theoretical
counterpart. As a consequence, the students’ mastery in these topics is superficial and thus incomplete.
To address this shortcoming, this project gives the students an opportunity to run a mock business
venture and thereby gain the relevant practical experiences. In addition, it also fulfils another learning
objective i.e. to comprehend the social responsibilities of a business and discharge them effectively. For
this last purpose, the students will donate 100% of the profits earned from the project to a charitable
organization of their choice.
Objectives of Project
The objectives of this project:
• To encourage students to think creatively and strategically in the course of starting and running
a business.
• Understand the roles of human resources management, marketing, operations and finance in
business.
• Understand the social and ethical responsibilities of a business
Learning Outcomes of Project
On successful completion of this project, students will be able to demonstrate the following:
• Describe and analyse the theories of human resources management, marketing, production
and finance and their applications.
• Explain the ethical and social responsibility issues faced by businesses.
• Undertake leadership roles and make quality decisions/judgments in the context of simulated
business environments.
1
Tasks - Methodology
Your tasks are as follows:
a) Form a group with maximum 5 members (with one member elected as the project leader).
b) Decide what product(s) – physical or services – that your group will sell for the duration of the
project.
c) Next, discuss which charity organization that your group would like to support i.e. donate all
profits earned to it. It is useful to ask yourself these questions when considering part (c):
- What cause would my group consider to be worthy or important of supporting?; and
- Why is the cause worthy of our support?
d) At the end of the project, you will submit a charity drive project report in softcopy form. This
report documents and details all decisions made by the group as well as the results obtained.
e) The report should not exceed 20 pages in length (excluding cover page, table of contents,
references and appendices).
f) The report must be supported by relevant documents e.g. receipts, videos, photos, donation
cheques, sponsorship letters, etc. (Note: The receipt books must be submitted separately to a
dropbox provided on the report submission date).
g) Important: Ensure that you quote your sources (in APA style) and refrain from copying. I
conduct plagiarism checks on all assignments submitted. Students caught with the said
offence will face disciplinary action. Ignore this warning at your own risk.
h) If your group is selling food and beverages (F&B) during the charity drive, do take note of the
following:
a. If you plan to prepare the F&B yourselves, then ALL members of your group must
take the typhoid vaccine injection and email the vaccine certificate by 12pm,
Thursday, 6th
November 2014 to jauho.chang@taylors.edu.my.
b. If you plan to obtain the F&B from a third party vendor instead, then you must get a
copy of the vaccine certificate from the third party and submit it by the above
deadline.
c. If the F&B you obtain from the third party is not sealed or packaged professionally,
then ALL members of your group must also take the vaccine injection and submit the
certificates by the above deadline.
d. Submission of the typhoid vaccine certificate or request for permission to sell F&B
after the deadline will not be entertained. No exceptions will be made!
e. Students who ignore the above rules related to F&B (such as selling F&B, whether in
or outside the campus, without the said certificates submitted by above deadline) will
automatically be given a “Fail” grade for this project. Ignore this warning at
your own risk!
Submission Requirement
- Charity Drive Report (softcopy)
- Video segments relevant to the charity drive event (with YouTube links provided)
- All supporting documents
2
Assessment criteria
The assessment for this assignment will be based on:
TGC
Acquired
Assessment Criteria Marks %
Group Component
Report Content 15%
Goal Achievement 10%
Financial Control 5%*
TOTAL 30%
Individual Component
Peer Evaluation 5%
Self-reflection video 5%
TOTAL 10%**
* For ‘Financial Records’, groups can incur negative marks if criteria are not met. See the assessment
rubric for more information.
** Students who get an average score of below 5 (out of 10) for ‘Individual Component’ will be given a
pro-rata score for the group components (Report Content, Goal Achievement, etc.).
For example, John and Sally are members of Group 4. For this project, they obtained a group
component score of 25 (out of 30). For John, his individual component score (peer evaluation + self-
reflection video) was 7. Therefore, his total score for this project was 32 (25 group component + 7
individual component). As for Sally, her individual component score was 4 i.e. below 5. Therefore, she
would obtain a pro-rata score of 10 for her group component score (25 x 4/10). As a result, her total
score for this project was 14 (10 pro-rata group component score + 4 individual component score).
Marking criteria
Please refer to Assessment Rubric on page 4.
3
Assessment Rubric for Introduction to Business Charity Drive Project (BUS30104)
4
Assessment
Criteria (with
TGC)
40% Excellent (10-9) Good (8-7) Satisfactory (6-5) Poor (4-3) Fail (2– 0)
Report Content 15%
Provides all relevant
facts and excellent
analysis of the
issues at hand. Able
to provide very
strong rationales for
the decisions or
strategies adopted.
Also can provide
highly insightful
reflections on the
end-results
achieved.
Provides most of
the relevant facts
and a good
analysis of the
issues at hand.
Able to provide
strong rationales for
the decisions or
strategies adopted.
Also can provide
insightful reflections
on the end-results
achieved.
Provides a
satisfactory amount
of relevant facts
and analysis of the
issues at hand.
Able to provide
acceptable
rationales for the
decisions or
strategies adopted.
Also can provide
moderately
insightful reflections
on the end-results
achieved.
Provides an
insufficient
amount of relevant
facts and analysis
of the issues at
hand. Only able to
provide poor
justifications for
the decisions or
strategies
adopted. Also
provided
superficial
reflections on the
end-results
achieved.
Provides minimal
amount of relevant
facts and very
poor analysis of
the issues at
hand. Very weak
or no justifications
for the decisions
or strategies
adopted are
provided. Also
provided very
superficial
reflections on the
end-results
achieved.
Goal
Achievement
10%
A minimum profit of
RM2500 has been
collected during the
project’s entire run.
This profit includes
sales proceeds and
cheques/cash from
donors.
A minimum profit of
RM2000 has been
collected during the
project’s entire run.
This profit includes
sales proceeds and
cheques/cash from
donors.
A minimum profit of
RM1600 has been
collected during the
project’s entire run.
This profit includes
sales proceeds and
cheques/cash from
donors.
A minimum profit
of RM1200 has
been collected
during the
project’s entire
run. This profit
includes sales
proceeds and
cheques/cash
from donors.
A minimum profit
of RM800 has
been collected
during the
project’s entire
run. This profit
includes sales
proceeds and
cheques/cash
from donors.
Financial
Control
5%
All financial records
(receipts – sales,
purchases,
donations; bank
slips, etc.) are
accounted for, and
they matched the
figures reported in
the P&L report. Full
marks awarded.
Less than 2% of the
financial records
are missing or not
accounted for, and
therefore a small
discrepancy is
noted between the
records and the
report. Only 2
marks awarded.
2 to 5% of the
financial records
are missing or not
accounted for, and
therefore a
moderate
discrepancy is
noted between the
records and the
report. No marks
are awarded.
6 to 10% of the
financial records
are missing or not
accounted for, and
therefore a major
discrepancy is
noted between the
records and the
report. A penalty
of negative 2.5
marks is applied.
More than 10% of
the financial
records are
missing or not
accounted for, and
therefore a serious
discrepancy is
noted between the
records and the
report. A penalty
of negative 5
marks is applied.
Peer
Evaluation
5%
The student is
considered by his or
her fellow team
members as highly
reliable, makes
significant
contribution and is
an excellent team
player.
The student is
considered by his
or her fellow team
members as quite
reliable, makes a
lot of contribution
and is a good team
player.
The student is
considered by his
or her fellow team
members as
averagely reliable,
makes a moderate
amount of
contribution, and is
an average team
player.
The student is
considered by his
or her fellow team
members as
somewhat
unreliable, makes
few contributions,
and is a below-
average team
player.
The student is
considered by his
or her fellow team
members as
completely
unreliable, makes
zero or negative
contribution, and
is considered a
team destroyer.
Self-reflection
Video 5%
The student is able
to communicate
excellent insights
and experiences
regarding the
project in a very
clear and engaging
manner.
The student is able
to communicate
good insights and
experiences
regarding the
project in a clear
and engaging
manner.
The student is able
to communicate
average insights
and experiences
regarding the
project in a
moderately clear
and engaging
manner.
The student is
able to
communicate poor
insights and
experiences
regarding the
project in a hard-
to-comprehend
and dull manner.
The student fails
to communicate
any insights or
experiences
regarding the
project in an
intelligible manner.5
Appendix 1: Charity Drive Report Outline
a. Executive Summary
While appearing first, this section of the marketing report is written last. It is a summary of the key
points of the entire report.
b. Objectives
This section discusses:
a) Your chosen charity organization and the reason(s) that you are supporting it; &
6
b) The quantifiable objectives that you want to accomplish (e.g. target donation amount, target sales
units, etc.) during the charity drive event.
(Note: a 1 to 2-minute video with YouTube link is required for this section. You may include
footage of the visit to the charity organization in this video as well.)
c. Target Market
This section discusses:
a) Who your customers are and their backgrounds (e.g. cultural, socio-economic, interests & hobbies);
b) Their wants and needs; and
c) Their spending power, etc.
(The more you know about the people you hope to serve, the better your sales will be.)
d. Competition Analysis
A full analysis of your 2 main competitors:
a) Who are they?
b) What are they selling?
c) What are their strengths and vulnerabilities?
d) Why would/do their customers buy from them?
(The answers to these questions will affect your decisions such as products, pricing, promotional
strategies, etc.)
e. Product and Packaging
A full discussion of your products and services:
Products
a) What are you selling? Give a short description for each product and services.
b) What are their features and benefits (i.e. why would customers like it)?
Packaging
a) How are the products packaged?
b) Will it attract the customers? Why do you say so?
(Note: you must include the photos of products and their packaging in the report.)
(Note 2: a 2 to 3-minute video with YouTube link is required for this section.)
f. Pricing
A discussion on your pricing decisions:
a) What is your products’ unit selling price? (It should be, on minimum, 2 times the cost price.)
b) What is your products’ unit cost price?
c) Are your products popular or attractive? (If they are, you can justify a higher selling price.)
d) What are your strategies if you have difficulty selling them? What if you are selling them faster than
anticipated?
(Remember, if you set the prices too high, customers will not buy from you. If you set them too low, then
you will not maximize profit.)
g. Promotion
A detailed plan of the promotional strategies and tools you will use:
a) What is your main marketing message? (This message should be based on the cause that you are
advocating. E.g. if your cause is water scarcity, then your message could be “Save our Precious
Water”.)
b) What are your 2 main tools for promoting your products? (E.g. Hand-produced posters, flyers, emails,
Twitter, Facebook, brochures, giving free samples of your products, sponsorship letter, telephone calls
and face-to-face conversations.)
c) Why have you chosen these strategies and tools? Justify your decisions.
7
(Note: you must include the pictures of posters, flyers, Facebook webpage, etc. in the report.)
(Note 2: a 2 to 3-minute video with YouTube link is required for this section. The video will also
include footage of the actual charity event.)
h. Sponsors
Here you will discuss:
a) Who have you approached for sponsorship? Are they individuals or corporate entities (e.g.
business)?
b) Why do you target them? (E.g. They are suppliers of your product, they are financially generous, you
know them personally, they are supporters of your cause, etc.)
c) In what form and how much have they sponsored? (E.g. Cash, cheques, products, etc.)
d) How did you approach them? (E.g. Sponsorship letters, written proposal, telephone calls, face-to-
face meetings, contacting particular individuals in the business, etc.)
(Note: you must include the sponsorship letters, written proposals, etc. in the appendix.)
i. Distribution
A full discussion of how you will deliver your products and services to your customers. This includes:
a) How to get the products to your sales location (e.g. the Lakeside campus, other campuses, shopping
malls, neighborhood, etc.)?
b) How quickly can you deliver the products i.e. do customers need to wait for their products? How can
you minimize the waiting time?
c) How many customers can you reach effectively i.e. getting a sale, a donation, etc.? This is
determined by the number of sales people you have.
d) Can your customers order your products online? Via phone? This makes it easier for them to buy
your products.
j. Green Measures
A discussion on environmentally-friendly measures you adopted during the project. Some questions to
consider include:
a) Are your chosen products made in an environmentally- conscious manner? If not, how can you
reduce/eliminate its hazardous effects?
b) Is the product packaging environmental-friendly i.e. only minimal waste created or packaging
reusable/recyclable?
c) How do you reduce carbon footprint during the distribution stage?
d) How are the product’s wastes managed after use or consumption?
e) What measures can you take to reduce the consumption of resources like electricity, paper, water,
etc. when running the event?
k. Human Resource Planning
Carefully consider the roles and job responsibility (e.g. project manager, sales executives, accountants,
marketing/advertising executives, etc.) of each of your members and how to coordinate them to work
effectively as a team. Describe your organizational structure with a chart.
l. Evaluation of Results
This entails the following:
a) What are your results at the end of the project? A Profit & Loss Report will be required for this.
b) What did you do right and what did you do wrong?
c) If you can repeat the event one more time, what would you do differently?
(Note: A video of each member’s personal reflection is required for this section. Reflection per
member should be no more than 1 minute-long. The reflection should include experiences –
both good and bad, lessons learned, mistakes made, other personal thoughts, etc.)
m. Appendix
In this section, you must include sales receipts, payments to suppliers, photocopied cheques from
sponsors, and any receipts from the charity organization.
8
Project Timeline *UPDATED*
Week 8 (22nd
to 26th
Sept) – Form groups, select leader and decide on products/services and charity
organization.
Week 9 (29th
Sept to 3rd
Oct) – Select group accountant; how to session on writing receipts and
preparing income statement; prepare target sponsor list.
9
Week 10 (6th
to 10th
Oct) – Confirmation on products/services and charity organization; updates on
sponsorship efforts; select stall location; remind the groups that sells F&B that vaccine certs are to be
submitted in week 13.
Week 11 (13th
to 17th
Oct) – No class.
Semester Break (20th
to 24th
Oct)
Week 12 (27th
to 31st
Oct) – Class Test (No project discussions during this week); remind the F&B
groups about vaccine cert submission.
Week 13 (3rd
to 7th
Nov) – Design marketing posters, Facebook pages and stall decoration; prepare
donation boxes; conduct market/product testing; submission of photocopies of vaccine certs by
12pm, Thursday, 6th
November 2014 *IMPORTANT*.
Week 14 (10th
to 14th
Nov) – Final review with each group’s progress; product/service review;
market/product testing results.
Week 15 (17th
to 21st
Nov) – Charity Drive Week.
Week 16 (24th
to 28th
Nov) - Donation to charity organization; report submission by 12pm, Friday, 28th
November 2014.
10

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intro to biz final project

  • 1. SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN Centre for Modern Architecture Studies in Southeast Asia Foundation of Natural & Built Environments (FNBE) Introduction to Business [BUS30104] Prerequisite: None Lecturer: Chang Jau Ho Final Project: Charity Drive Event 30% Group Work + 10% Individual Submission: Charity Drive Week – Monday to Friday, 17th – 21st November 2014 (week 15) Charity Drive Report – Friday, 28th November 2014 (Week 16) Introduction Business students often learn about business management or product marketing in a traditional classroom setting. Unfortunately, this pedagogical method suffers from a major drawback since it does not provide students with the practical experiences that are equally important as their theoretical counterpart. As a consequence, the students’ mastery in these topics is superficial and thus incomplete. To address this shortcoming, this project gives the students an opportunity to run a mock business venture and thereby gain the relevant practical experiences. In addition, it also fulfils another learning objective i.e. to comprehend the social responsibilities of a business and discharge them effectively. For this last purpose, the students will donate 100% of the profits earned from the project to a charitable organization of their choice. Objectives of Project The objectives of this project: • To encourage students to think creatively and strategically in the course of starting and running a business. • Understand the roles of human resources management, marketing, operations and finance in business. • Understand the social and ethical responsibilities of a business Learning Outcomes of Project On successful completion of this project, students will be able to demonstrate the following: • Describe and analyse the theories of human resources management, marketing, production and finance and their applications. • Explain the ethical and social responsibility issues faced by businesses. • Undertake leadership roles and make quality decisions/judgments in the context of simulated business environments. 1
  • 2. Tasks - Methodology Your tasks are as follows: a) Form a group with maximum 5 members (with one member elected as the project leader). b) Decide what product(s) – physical or services – that your group will sell for the duration of the project. c) Next, discuss which charity organization that your group would like to support i.e. donate all profits earned to it. It is useful to ask yourself these questions when considering part (c): - What cause would my group consider to be worthy or important of supporting?; and - Why is the cause worthy of our support? d) At the end of the project, you will submit a charity drive project report in softcopy form. This report documents and details all decisions made by the group as well as the results obtained. e) The report should not exceed 20 pages in length (excluding cover page, table of contents, references and appendices). f) The report must be supported by relevant documents e.g. receipts, videos, photos, donation cheques, sponsorship letters, etc. (Note: The receipt books must be submitted separately to a dropbox provided on the report submission date). g) Important: Ensure that you quote your sources (in APA style) and refrain from copying. I conduct plagiarism checks on all assignments submitted. Students caught with the said offence will face disciplinary action. Ignore this warning at your own risk. h) If your group is selling food and beverages (F&B) during the charity drive, do take note of the following: a. If you plan to prepare the F&B yourselves, then ALL members of your group must take the typhoid vaccine injection and email the vaccine certificate by 12pm, Thursday, 6th November 2014 to jauho.chang@taylors.edu.my. b. If you plan to obtain the F&B from a third party vendor instead, then you must get a copy of the vaccine certificate from the third party and submit it by the above deadline. c. If the F&B you obtain from the third party is not sealed or packaged professionally, then ALL members of your group must also take the vaccine injection and submit the certificates by the above deadline. d. Submission of the typhoid vaccine certificate or request for permission to sell F&B after the deadline will not be entertained. No exceptions will be made! e. Students who ignore the above rules related to F&B (such as selling F&B, whether in or outside the campus, without the said certificates submitted by above deadline) will automatically be given a “Fail” grade for this project. Ignore this warning at your own risk! Submission Requirement - Charity Drive Report (softcopy) - Video segments relevant to the charity drive event (with YouTube links provided) - All supporting documents 2
  • 3. Assessment criteria The assessment for this assignment will be based on: TGC Acquired Assessment Criteria Marks % Group Component Report Content 15% Goal Achievement 10% Financial Control 5%* TOTAL 30% Individual Component Peer Evaluation 5% Self-reflection video 5% TOTAL 10%** * For ‘Financial Records’, groups can incur negative marks if criteria are not met. See the assessment rubric for more information. ** Students who get an average score of below 5 (out of 10) for ‘Individual Component’ will be given a pro-rata score for the group components (Report Content, Goal Achievement, etc.). For example, John and Sally are members of Group 4. For this project, they obtained a group component score of 25 (out of 30). For John, his individual component score (peer evaluation + self- reflection video) was 7. Therefore, his total score for this project was 32 (25 group component + 7 individual component). As for Sally, her individual component score was 4 i.e. below 5. Therefore, she would obtain a pro-rata score of 10 for her group component score (25 x 4/10). As a result, her total score for this project was 14 (10 pro-rata group component score + 4 individual component score). Marking criteria Please refer to Assessment Rubric on page 4. 3
  • 4. Assessment Rubric for Introduction to Business Charity Drive Project (BUS30104) 4
  • 5. Assessment Criteria (with TGC) 40% Excellent (10-9) Good (8-7) Satisfactory (6-5) Poor (4-3) Fail (2– 0) Report Content 15% Provides all relevant facts and excellent analysis of the issues at hand. Able to provide very strong rationales for the decisions or strategies adopted. Also can provide highly insightful reflections on the end-results achieved. Provides most of the relevant facts and a good analysis of the issues at hand. Able to provide strong rationales for the decisions or strategies adopted. Also can provide insightful reflections on the end-results achieved. Provides a satisfactory amount of relevant facts and analysis of the issues at hand. Able to provide acceptable rationales for the decisions or strategies adopted. Also can provide moderately insightful reflections on the end-results achieved. Provides an insufficient amount of relevant facts and analysis of the issues at hand. Only able to provide poor justifications for the decisions or strategies adopted. Also provided superficial reflections on the end-results achieved. Provides minimal amount of relevant facts and very poor analysis of the issues at hand. Very weak or no justifications for the decisions or strategies adopted are provided. Also provided very superficial reflections on the end-results achieved. Goal Achievement 10% A minimum profit of RM2500 has been collected during the project’s entire run. This profit includes sales proceeds and cheques/cash from donors. A minimum profit of RM2000 has been collected during the project’s entire run. This profit includes sales proceeds and cheques/cash from donors. A minimum profit of RM1600 has been collected during the project’s entire run. This profit includes sales proceeds and cheques/cash from donors. A minimum profit of RM1200 has been collected during the project’s entire run. This profit includes sales proceeds and cheques/cash from donors. A minimum profit of RM800 has been collected during the project’s entire run. This profit includes sales proceeds and cheques/cash from donors. Financial Control 5% All financial records (receipts – sales, purchases, donations; bank slips, etc.) are accounted for, and they matched the figures reported in the P&L report. Full marks awarded. Less than 2% of the financial records are missing or not accounted for, and therefore a small discrepancy is noted between the records and the report. Only 2 marks awarded. 2 to 5% of the financial records are missing or not accounted for, and therefore a moderate discrepancy is noted between the records and the report. No marks are awarded. 6 to 10% of the financial records are missing or not accounted for, and therefore a major discrepancy is noted between the records and the report. A penalty of negative 2.5 marks is applied. More than 10% of the financial records are missing or not accounted for, and therefore a serious discrepancy is noted between the records and the report. A penalty of negative 5 marks is applied. Peer Evaluation 5% The student is considered by his or her fellow team members as highly reliable, makes significant contribution and is an excellent team player. The student is considered by his or her fellow team members as quite reliable, makes a lot of contribution and is a good team player. The student is considered by his or her fellow team members as averagely reliable, makes a moderate amount of contribution, and is an average team player. The student is considered by his or her fellow team members as somewhat unreliable, makes few contributions, and is a below- average team player. The student is considered by his or her fellow team members as completely unreliable, makes zero or negative contribution, and is considered a team destroyer. Self-reflection Video 5% The student is able to communicate excellent insights and experiences regarding the project in a very clear and engaging manner. The student is able to communicate good insights and experiences regarding the project in a clear and engaging manner. The student is able to communicate average insights and experiences regarding the project in a moderately clear and engaging manner. The student is able to communicate poor insights and experiences regarding the project in a hard- to-comprehend and dull manner. The student fails to communicate any insights or experiences regarding the project in an intelligible manner.5
  • 6. Appendix 1: Charity Drive Report Outline a. Executive Summary While appearing first, this section of the marketing report is written last. It is a summary of the key points of the entire report. b. Objectives This section discusses: a) Your chosen charity organization and the reason(s) that you are supporting it; & 6
  • 7. b) The quantifiable objectives that you want to accomplish (e.g. target donation amount, target sales units, etc.) during the charity drive event. (Note: a 1 to 2-minute video with YouTube link is required for this section. You may include footage of the visit to the charity organization in this video as well.) c. Target Market This section discusses: a) Who your customers are and their backgrounds (e.g. cultural, socio-economic, interests & hobbies); b) Their wants and needs; and c) Their spending power, etc. (The more you know about the people you hope to serve, the better your sales will be.) d. Competition Analysis A full analysis of your 2 main competitors: a) Who are they? b) What are they selling? c) What are their strengths and vulnerabilities? d) Why would/do their customers buy from them? (The answers to these questions will affect your decisions such as products, pricing, promotional strategies, etc.) e. Product and Packaging A full discussion of your products and services: Products a) What are you selling? Give a short description for each product and services. b) What are their features and benefits (i.e. why would customers like it)? Packaging a) How are the products packaged? b) Will it attract the customers? Why do you say so? (Note: you must include the photos of products and their packaging in the report.) (Note 2: a 2 to 3-minute video with YouTube link is required for this section.) f. Pricing A discussion on your pricing decisions: a) What is your products’ unit selling price? (It should be, on minimum, 2 times the cost price.) b) What is your products’ unit cost price? c) Are your products popular or attractive? (If they are, you can justify a higher selling price.) d) What are your strategies if you have difficulty selling them? What if you are selling them faster than anticipated? (Remember, if you set the prices too high, customers will not buy from you. If you set them too low, then you will not maximize profit.) g. Promotion A detailed plan of the promotional strategies and tools you will use: a) What is your main marketing message? (This message should be based on the cause that you are advocating. E.g. if your cause is water scarcity, then your message could be “Save our Precious Water”.) b) What are your 2 main tools for promoting your products? (E.g. Hand-produced posters, flyers, emails, Twitter, Facebook, brochures, giving free samples of your products, sponsorship letter, telephone calls and face-to-face conversations.) c) Why have you chosen these strategies and tools? Justify your decisions. 7
  • 8. (Note: you must include the pictures of posters, flyers, Facebook webpage, etc. in the report.) (Note 2: a 2 to 3-minute video with YouTube link is required for this section. The video will also include footage of the actual charity event.) h. Sponsors Here you will discuss: a) Who have you approached for sponsorship? Are they individuals or corporate entities (e.g. business)? b) Why do you target them? (E.g. They are suppliers of your product, they are financially generous, you know them personally, they are supporters of your cause, etc.) c) In what form and how much have they sponsored? (E.g. Cash, cheques, products, etc.) d) How did you approach them? (E.g. Sponsorship letters, written proposal, telephone calls, face-to- face meetings, contacting particular individuals in the business, etc.) (Note: you must include the sponsorship letters, written proposals, etc. in the appendix.) i. Distribution A full discussion of how you will deliver your products and services to your customers. This includes: a) How to get the products to your sales location (e.g. the Lakeside campus, other campuses, shopping malls, neighborhood, etc.)? b) How quickly can you deliver the products i.e. do customers need to wait for their products? How can you minimize the waiting time? c) How many customers can you reach effectively i.e. getting a sale, a donation, etc.? This is determined by the number of sales people you have. d) Can your customers order your products online? Via phone? This makes it easier for them to buy your products. j. Green Measures A discussion on environmentally-friendly measures you adopted during the project. Some questions to consider include: a) Are your chosen products made in an environmentally- conscious manner? If not, how can you reduce/eliminate its hazardous effects? b) Is the product packaging environmental-friendly i.e. only minimal waste created or packaging reusable/recyclable? c) How do you reduce carbon footprint during the distribution stage? d) How are the product’s wastes managed after use or consumption? e) What measures can you take to reduce the consumption of resources like electricity, paper, water, etc. when running the event? k. Human Resource Planning Carefully consider the roles and job responsibility (e.g. project manager, sales executives, accountants, marketing/advertising executives, etc.) of each of your members and how to coordinate them to work effectively as a team. Describe your organizational structure with a chart. l. Evaluation of Results This entails the following: a) What are your results at the end of the project? A Profit & Loss Report will be required for this. b) What did you do right and what did you do wrong? c) If you can repeat the event one more time, what would you do differently? (Note: A video of each member’s personal reflection is required for this section. Reflection per member should be no more than 1 minute-long. The reflection should include experiences – both good and bad, lessons learned, mistakes made, other personal thoughts, etc.) m. Appendix In this section, you must include sales receipts, payments to suppliers, photocopied cheques from sponsors, and any receipts from the charity organization. 8
  • 9. Project Timeline *UPDATED* Week 8 (22nd to 26th Sept) – Form groups, select leader and decide on products/services and charity organization. Week 9 (29th Sept to 3rd Oct) – Select group accountant; how to session on writing receipts and preparing income statement; prepare target sponsor list. 9
  • 10. Week 10 (6th to 10th Oct) – Confirmation on products/services and charity organization; updates on sponsorship efforts; select stall location; remind the groups that sells F&B that vaccine certs are to be submitted in week 13. Week 11 (13th to 17th Oct) – No class. Semester Break (20th to 24th Oct) Week 12 (27th to 31st Oct) – Class Test (No project discussions during this week); remind the F&B groups about vaccine cert submission. Week 13 (3rd to 7th Nov) – Design marketing posters, Facebook pages and stall decoration; prepare donation boxes; conduct market/product testing; submission of photocopies of vaccine certs by 12pm, Thursday, 6th November 2014 *IMPORTANT*. Week 14 (10th to 14th Nov) – Final review with each group’s progress; product/service review; market/product testing results. Week 15 (17th to 21st Nov) – Charity Drive Week. Week 16 (24th to 28th Nov) - Donation to charity organization; report submission by 12pm, Friday, 28th November 2014. 10