This document summarizes and compares two traditional Chinese sundry shops in Malaysia - Perniagaan Lee Min located in Selangor and KwongTuck Sundries & Liquors Sdn.Bhd located in Penang. Both shops sell similar traditional products like dried goods, herbs, and medicine. While they face low barriers to entry and competition, they differ in factors like generation of ownership, workforce size, number of customers, and location. Overall, the document analyzes the history, operations, products, competitors, and strategies of the two shops.
Locations of Sahara Q Shop in overall Delhi are here with address and contact details. To know Sahara Q Shop Location in more States and cities you may visit the site www.saharaqshop.com/
Please download my Resume to know the work side of me...
Personal Hobbies and Areas of Study
Computer languages and architecture • Electronics • Chemistry • Physics • Nootropics • Quantum Mechanics • Philosophy • Psychology • All aspects of technology • CytptoCurrency [at one point currently running(at home) 2 terrahashs of ASIC SHA2d miners] • Algorithmic math • Robotics • Amazon EC3 Services • Much DOGE
Locations of Sahara Q Shop in overall Delhi are here with address and contact details. To know Sahara Q Shop Location in more States and cities you may visit the site www.saharaqshop.com/
Please download my Resume to know the work side of me...
Personal Hobbies and Areas of Study
Computer languages and architecture • Electronics • Chemistry • Physics • Nootropics • Quantum Mechanics • Philosophy • Psychology • All aspects of technology • CytptoCurrency [at one point currently running(at home) 2 terrahashs of ASIC SHA2d miners] • Algorithmic math • Robotics • Amazon EC3 Services • Much DOGE
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
1.4 modern child centered education - mahatma gandhi-2.pptx
Final
1. Sundry Shops
Adele Lu / Chloe Teh / Dana Kan / Danica Gan / Ong Von Wan / Phares Phung / Shum Li Sze
2. What?
- Dry food, herbs and traditional medicine sold by Chinese
people
- Normally inherited and continued by the next generations of
the family
- The shop is the pride of the family
3. Key Summary
+We researched and interviewed 2 businesses of the same
industry in different geographical locations
+Perniagaan Lee Min, located in Puchong
+KwongTuck Sundries and Liquors Sdn.Bhd, located in
Georgetown, Penang
+The differences in environment and other external factors
lead to different business outcomes
4. History of Sundry Shop
+Chinese were engaged in mining activities
as well as businesses
+Chinese started to sell goods such as dry
food, herbs and traditional medicine
+Normally inherited by the next generations
of the family
+Surname is often used as name of shop
5. History of Perniagaan Lee Min
+Started 30 years ago by Mr Lee’s father
+Currently run by the second generation
of the Lee family
+Shop has not changed since they started
6. Perniagaan Lee Min
+Location: Jalan Kinrara,
Puchong
+30 years old
+One storey with spacious
storeroom at the back of
the shop
7. +100 to 200 customers of all ages
+Customers are treated with sincerity
+Mr Lee discourages young people to run a
traditional sundry shop
10. Strategy Employed
+Mr Lee pays attention to quality of
services and products
+Customers are greeted politely and
provided assistance
+Mr Lee also provides medical advices
+Customers are regular
+Products are fresh and reliable
+Prices are affordable and reasonable
11. History of KwongTuck Sundries & Liquors
Sdn.Bhd
+ Has been in business for 185 years
+ Family business operated by the Kwongs
from the 18th century
+ Has been on the newspapers
+ Current owner is the 4th generation of the family
12. KwongTuck Sundries and Liquors Sdn.Bhd
+Location: Georgetown, Penang
+Kwong means sociable and Tuck
means good personality
14. +Around 60-100 customers a day
+5 employees
+opening hours: 8am-5pm
+Technology was introduced in April
last year
15. Competitors of Business:
1. Syarikat Loh Yoon Poon
2. VengTaat Soon Enterprise SdnBhd
3. KhoonLokMedicine
4. WengHengMedicineSdnBhd
16. Strategy Employed
+ Prices are reasonable
+ Customers are treated with honesty
+ Provides customers with fresh sundry items
17. Perniagaan Lee Min
(Selangor)
KwongTuck Sundries & Liquors Sdn.Bhd (Penang)
i. Number of Competitors 3 4
ii. Barrier to Entry Low. The business has less competition. Good customer count.
Experience gained overtime. Master’s Degree in Business
necessary to start.
Low. The business has less competition around. Customer
count is steady. Experience is necessary but can be gained
overtime.
iii. Variety / Uniqueness of
Products
Standardised traditional product. Traditional and Local Products.
iv. Pricing Power Low. They have less power to control the pricing of their
products as it is mutually affected by their competitors.
Pricing range from competitors does not differ too much. But
stays reasonable and honest to the price.
Low. They have less power to control the pricing of their
products as it is mutually affected by their competitors.
Pricing range from competitors does not differ too much.
v. Special Traits Honest, humble and stay loyal to customers. Never cheat. Traditional, Down-to-Earth.
vi. Competition type Monopolistic Competition Monopolistic Competition
COMPARATIVE ANALYSIS OF BUSINESS’ COMPARATIVE TRAITS
18. Perniagaan Lee Min
(Selangor)
Similarities KwongTuck Sundries &
Liquors Sdn.Bhd (Penang)
0 Number of Branches 0
Traditional Sundries and
Liquor
Main Product Traditional Sundries and
Liquor
Passed down by founder.
Interest of founder.
Prompt of business Passed down by founder.
Interest of founder.
Home based Business Operation Home based
Work until the retirement
age then hopefully pass
on to next generation.
Future Plans Pass on to next
generations.
Down to Earth.
Traditional.
Strategy Humble and Honest.
Traditional.
Perniagaan Lee Min
(Selangor)
Differences KwongTuck Sundries &
Liquors Sdn.Bhd (Penang)
2nd Generation Generation of Owner 4th Generation
2 employees Workforce 5 employees
100-200 Number of customers 60-100
3 Competitors 4
Selangor Location Penang
Summary of both businesses
19. Nature of Market
+ Focused business sector
+ Weak barriers to entry
+ Reasonable price and good quality of products
20. Obstacles faced by
new businesses
+Heavy Competition
+Commercialisation
+Financial Issues