Professional Documents
Culture Documents
What is Creativity?
Creativity involves the translation of our unique gifts, talents and
vision into an external reality that is new and useful.
Creativity is the bringing into being of something, which did not exist
before, either as a product, a process or a thought.
Creativity is the ability to see something in a new way, to see and solve
problems, no one else know exist, and to engage in mental and physical
experiences that are new, unique or different.
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Entrepreneur
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Entrepreneurship
1- Initiative taking
2- The organizing and reorganizing of social and economic mechanisms to
run resources and situation to practical account
3- The acceptance to risk or failure.
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1st Idea: -
Rejection: -
This idea was rejected because it’s very scientific and it consumes a lot of
time and money.
2nd idea: -
The idea was based on a women restaurant in which there are only ladies
work and for the enjoyment of ladies.
Rejection: -
Because ladies in our country are not dominant and there is a problem of
security.
3rd idea: -
Rejection: -
The idea was rejected because this restaurant need a lot of care and hygiene,
and in our country there is a lot dust and population and it is unable to build
such a restaurant.
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Introduction of hit fit café
Name of our business plan
The name of our business plan is hit fit café and we are two shareholders are
going to start the business. Hit fit café provide all the facilities to the people
of all the ages it provide cold drinks on the left side which we have contract
with the Pepsi company .We also introduced hot drinks on the right side e.g.
tea and coffee for tea we are using tea bags of Lipton yellow label, and for
coffee we are using Nescafe sachet and also sugar sachet with disposable
cups. Than on the upper side of our café there are snacks, which we have
contract with the super crisps company, snacks like peanuts,biscuits,chips,
Nimko, Slanty etc.
Our hit fit café is going to facilitate for those areas where are less
facilitates\services or there are no shops. Hit fit café provides a service of 24
hours.
Hit fit café exists at six (6) places in Faisalabad like outside the Allied
Hospital, Civil Hospital, Ghulam Mohammadabad, Green Town, Madina
Town and outside the Agriculture University our head office exist at the
Gulastan Colony, Faisalabad which is based on a double story with highly
qualified workers. There is one Manager and two Assistant Managers who
helped the workers, there are also supervisors how checked the position and
condition of the café’s. There is one worker, which is all the time with the
café for its protection and to guide the people how to use it.
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Our café is divided into three parts with three buttons red, blue, and
green red button is for snacks, blue button is for hot drinks and green button
is for cold drinks. Customers put two coins of five rupees for all kinds of
snacks and three coins of Rs. Five for hot and cold drinks e.g. if they want
cold drink they put three coins in the green button. There are different
departments in our main office for the company benefits and services .hit fit
café is going to come into being in September 2007.
Hit fit café is an attractive café, which is available all the time.
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Planning
Planning is the (psycholgical) process of thinking about the activities
required to create a desired future on some scale. This thought process is
essential to the creation and refinement of a plan, or integration of it with
other plans. The term is also used to describe the formal procedures used in
such an endeavor, such as the creation of documents, diagrams, or meetings
to discuss the important issues to be addressed, the objectives to be met, and
the strategy to be followed. Beyond this, planning has a different meaning
depending on the political or economic context in which it is used.
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Organizing
Organizing can be viewed as the activities to collect and configure resources
in order to implement plans in a highly effective and efficient fashion.
Organizing is a broad set of activities, and often-considered one of the major
functions of management.
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Controlling
Controlling is directly related to planning. The controlling process ensures
that plans are being implemented properly. In the functions of management
cycle - planning, organizing, directing, and controlling - planning moves
forward into all the other functions, and controlling reaches back.
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resources to important activities and provide supervisors with quantitative
standards against which to compare resource consumption. They become
control tools by pointing out deviations between the standard and actual
consumption.
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Leading
Leading and management are often thought of as same thing. Although it is
true that the most effective manager will almost certainly be an effective
leader and that leading is an essential function of managers there is more to
managing than just leading
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This mean leader is influenced by the collaborators while they work together
to achieve an important goal.
HRM Process
In hit fit café HRM department we have many processes. They are
supposed to achieve our goals. These processes can be performed in an
HRM department , but same tasks can also be out sourced or
performed by line - managers or other departments .
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• Training and department
• Maintainer
• Skills management
• Motivation
• Employee benefits administration
• Personnel development
• Induction
Staffing function
The components of the staffing function include strategic human
resource planning recruiting and selection. Our goal of the staffing
function is to locate and source competent employees . Our company
plans strategically , it determines its goals and objectives for a given
period of time . These goals and objectives often result in structural
change being made in the organization that is , these changes foster
changes in job requirement , reporting relationship how individuals are
grouped and the like . As these jobs are analyzed specific skills
knowledge , and abilities are identified that the job applicant must
possess to be successful on the job . Almost our all activities involved
in HRM revolve around an accurate description of the job.
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also include career development activities and employee counseling to
make better choices about their careers to achieve our desired goals .
Motivation
Our motivation is one of the improvement steps. We are trying to
figure out what motivates various employees has long been a concern
of behavioral scientists .We think motivation as a multifaceted process
- one that has individual managerial and organizational implications .
Our motivation is hot just what the employee exhibits, but a
collection of environmental issue surrounding the job , ability and
willingness to do the job . Our goal of the motivation is to take
competent adapted employees and provide them with an environment
that encourage them to exert high energy level .
Maintenance
Maintenance as the name implies ,the objection of our this phase
is to put into place activities that will help retain productive
employees . Our maintenance of the department includes safety and
health issue, and employee communications. The goal of our
maintenance is to take competent adapted employees which up – to
date skills , knowledge and abilities who are exerting high energy
levels , to maintain their commitment and loyalty to the organization ,
included in such programs is the ability for employees to know
what is occurring around them and to went frustration . Our employee
relation programs should be designed to ensure that our employees
are kept well informed through E – mail bulletin , boards , tourn hall
meetings or teleconferencing , and to foster an environment where
employee voices are heard . It our time and effort are expended in
this phase our HRM may be able to achieve its ultimate goal .
Skill Variety
Which include degree and a no of skills and talents?
Task identity
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The degree to which the job requires completion of a whole and
identifiable piece of work.
Task Significance
The degree to which the job has a substantial impact on the lives or
work of other people.
Autonomy
The degree to which the job provides substantial freedom ,
independence , and discretion to the individual in scheduling the work and
in determining the procedures to be used in carrying it out .
Feed back
The degree to which coring out the work activities required by
the job results in the individual obtaining direct and clear information
about the effectiveness of their performance .
Manpower planning
Our man –power planning enables a department to project its
short to long term needs on the basis of its departmental plans so
that it an adjust its manpower requirements to meet changing priorities.
The department needs manpower planning to show.
Employee Motivation
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1-Interesting work.
2-Good wages.
3-Full appreciation of work done.
4-Job security.
5-Good working condition.
6- Promotions & growth in the organization.
7-Personal loyalty with employees.
8-Tact full discipline.
9-Sympathatic helps with personal problems.
Advertising Department
What is advertising?
Advertising is a non-personal form of promotion that is delivered
through selected media outlets that, under most circumstances, require the
marketer to pay for message placement. Advertising has long been viewed
as a method of mass promotion in that a single message can reach a large
number of people. But, this mass promotion approach presents problems
since many exposed to an advertising message may not be within the
marketer’s target market, and thus, may be an inefficient use of promotional
funds. However, this is changing as new advertising technologies and the
emergence of new media outlets offer more options for targeted advertising.
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one or a few people may handle the bulk of the work. In fact, the Internet
has made do-it-ourselves advertising an easy to manage process and has
especially empowered small businesses to manage our advertising
decisions. As we will see, not only can small firms handle the creation and
placement of advertisements that appear on the Internet, new services have
even made it possible for a single person to create advertisements that run on
local television.
Television Advertising
Radio Advertising
Print Publications Advertising
Internet Advertising
Direct Mail
Signage, Billboards
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Product Placement
Mobile Device Advertising
R&D Department
What is R&D?
Research is an activity aimed at discovering new knowledge in hopes that
such activity will be useful in creating a new product, process, or service, or
improving a present product, process, or service. Development is the
translation of research findings or other knowledge into a new or improved
product, process, or service.
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Why R&D matters to companies
R&D plays an important role in the innovation process. It results in
the technology that brings new products and services to the market place.
Innovation results in high quality jobs, successful businesses, better goods
and services and more efficient processes.
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Engineering Department
Engineering of hit fit café are well educated. We have two managers
for our engineering department.
Our Engineering uses their knowledge of science, mathematics and
appropriate experience to find suitable solution to a problem.
Creating an appropriate mathematical model of a problem allows them to
analyze it and to test potential solutions. Usually multiple reasonable
solutions exist, so our engineers must evaluate the different design choices
on their merits and choose the solution that best meet their requirement. Our
engineers are professionals take seriously their responsibilities to perform
their duties.
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Our engineers are developers’ innovations and problem solvers.
They are concerned with using available technology to solve these problems.
They use science and computers to model real life situations and solve
problems. Our engineers responsible for communicating understanding,
planning creating and testing. They also do team work with their workers to
make sure that all of these things are done right.
They also check the tools and equipment and if they are not in orders, they
can also change the machine. Our engineers know their need what to do ,
when it has to be done , and how much money can be spent .Every one gets
together regularly throughout the project to make sure things are going
smoothly , and to deal with any changes that make up .
Engineers of hit fit café must have a deep understanding of the science and
technology behind the projects they work on. This means that it is absolutely
essential to stay up- to-date with new technologies.
Our engineers must be good at planning the way in which money and time is
spent on project. They meet frequently with the scientists and other
engineers to make sure that nothing is left out.
Our engineers must be capable of creating and designing the equipment
needed for the project. Engineers are given the responsibility of testing
every thing extremely carefully before it is used.
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Cleaning Department
Cleanliness is the absence of dirt, including dust, stains, bad smells and
clutter, include health, beauty, absence of offensive odor, avoidance of
shame, and to avoid the spreading of dirt and contaminants to oneself and
others. In the case of glass objects such as windows or windshields, the
purpose can also be transparency .
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Quality Control Department
Quality control refers to the process, most often implemented in
manufacturing, of monitoring the quality of finished products through
statistical measures and an overall corporate commitment to producing
defect-free products. Quality control principles can also be utilized in service
industries.
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There are two managers of quality of control .These managers check
the product quality and the expiry date of things e.g. In hit fit cafe we are
offering super crisp product like chips, peanuts etc. Our quality control
managers must check the expiry date of these products. In our café there
are also tea and coffee and cold drinks , the manager also checks the
quality of these products
Supervisor Department
A supervisor is an employee of an organization with some of the powers
and responsibilities of management occupying a role between true manager
and a regular employee .A supervisor position is typically the first step
towards being promoted into a management a role .An employee is
supervisor if they have the power and authority to do the following
actions (according the Ontario ministry of labour)
Supervisor of hit fit café our divided into four distinctly separate sets of
responsibilities.His first duty is to represent management and the company.
It is the supervisor,s job to organize his department and employees ,
visualize future impacts and needs , energize the employees to get their
tasks done and supervisor their work ensuring that the productivity and
quality standards are met .
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The supervisor makes certain that his employees have the training, the
tools and the material that they need to carry out their duties. Another
important part of the job is to act as a middle man and buffer between the
employees who actually do the job and the rest of the organization .The
supervisor makes sure that his employee ,s pay is correct , their vacation
pay arrives on time and the receive proper care if they get injured on
the job . The supervisor of hit fit café also has legal responsibilities to
ensure that his area of responsibility is free of safety violation , all
employees received proper training and that all human right are upheld.
The supervisor of hit fit café is also responsible for the safety of
all his subordinates and to ensure that they work in a harassment –
free environment .It is also the responsibility of hit fit café to develop
all the potential leader the work under his so that the company can
identify and place all the employees who demonstrate that they have
the interest and abilities to be promoted or transferred to better position .
IT Department
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The responsibilities of this department are to develop customer
understanding. The principal of communication and information
technology which support distributed application , such as multimedia ,
virtual reality, data base and program dedicated facility latest networking
tools and multimedia computer support the IT department . This is designed
for the café employees.
Hit Fit Café understands why building systems are operated and
maintained the way they are, and where and what improvements are
more beneficial and cost –effective is the first step to obtaining energy –
efficient building performance.
Hit Fit Café an O&M assessment provides a systematic look at all aspects
of the current O&M practices including the management structure, policies,
and user requirement that influence them.
It may include.
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(1) Interviews with management, O&M personal and services contractors.
(2) A review of equipment condition, building documentation and service
contracts.
(3) Spot tests of equipment and controls.
The gathering and analysis of this improvement are needed and which
improvements is most cost –effective.
The Hit Fit Café assessment also checks schedules and control strategies
to determine if the building is operated optimally and develops a list
of recommended improvements that support energy efficient operation.
It can provide a starting point or baseline from which to measure the
effectiveness of improvements and on going O& M activities.
(1)The hit fit café O&M process consists of several steps beginning with
the pre assessment planning activities that are carried may include.
(1) Assigning staff.
(2)Choosing the approach.
Assigning Staff
Hit fit café assigns one or more staff members to assist in the
assessment process .The individuals chosen should be those with the most
knowledgeable buildings staff can improve the assessment cost
effectiveness because they reduce the time the O&M consultant needs to
spend investigating how and why the building operates as it does.The
amount of time a staff person will spend assisting with the project is
generally decide during the scoping process .
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Hit fit café must choose an approach for accomplishing the work.
Most of he approaches assume that the hit fit café has O&M staff to assist
in carrying out the assessment.
Manufacturing Department
Manufacturing is the transformation of raw materials into finished
goods for sale, or intermediate processes involving the production or
finishing of semi-manufactures. It is a large branch of industry and of
secondary production. Includes establishments engaged in the mechanical or
chemical transformation of materials or substances into new products. These
establishments are usually described as plants, factories, or mills and
characteristically use power-driven machines and materials handling
equipment.
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and has also contract with the super crisps company for the snacks, hit fit
also introduce the new products by the passage of time.
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The function of accounts in hit fit compiling and providing financial
information primarily by reports referred to as financial statements.
Accounting includes bookkeeping, systems design, analysis and
interpretation of accounting information. In probate, our function of
providing a report on the collection and distribution of the estate; in
partnerships (2), an equitable proceeding in which the use and distribution of
partnership funds are examined to determine whether each partner has
received her appropriate share .our accounts help to ensure that the firms are
run efficiently, its public records kept accurately, and its taxes paid properly
and on time. Hit fit café accounts functions are
Hit fit café needs a manager to take care all of the records of the café
what the manager to do, manager must recall the record to maintain the café
he also knows what actually is bank Reconciliation? Reasons for reconciling
the books he make schedules, file bills, sort documents, fill in at the
switchboard, and other duties that would require someone in good business.
This may include some or all of the following:
2. Periodically, usually monthly, they balance the books and create financial
statements and other management reports.
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3. Receive record, deposit cash and pay the company’s bills. They balance
bank statements regularly, investigating and correcting any discrepancies.
6. Purchase supplies
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The financial planning of hit fit cafe
Marketing Department
Marketing is a process of organizing and directing all the company activities
which relate to determining the market demand and converting the customers
buying power into an effective demand for a service and bringing that service to
the customer.
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Marketing in hit fit café requires co-ordination, planning, implementation
of campaigns and a competent manager(s) with the appropriate skills to ensure
success. Marketing objectives, goals and targets have to be monitored and met,
competitor strategies analyzed, anticipated and exceeded. Through effective use
of market and marketing research an organization should be able to identify the
needs and wants of the customer and try to delivers benefits that will enhance or
add to the customers lifestyle, while at the same time ensuring that the
satisfaction of these needs results in a healthy turnover for our café.
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Purchasing and
booking
Purchase is voluntary exchange of goods and/or services. Exchanges may
take place between two parties or amongst more than two parties. In its
original form trade necessarily used barter and the exchange of goods and
services and recognized equal value desirable to both parties. Modern traders
generally negotiate through the use of a medium of exchange, i.e. money,
and rarely through barter: as a result one can separate buying and earning
from selling.
Booking is also:
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Purchasing management of hit fit café directs the flow of goods and
services in a company and handles all data relating to contact with suppliers.
Effective purchasing management requires knowledge of the supply chain,
business and tax laws, invoice and inventory procedures, and transportation
and logistics issues. Although a strong knowledge of the products and
services to be purchased is essential, purchasing management professionals
must also be able to plan, execute, and oversee purchasing strategies that are
conducive to company profitability.
Our booking manager is also very skill he is responsible for the booking
of our material, which is needed in our café e.g., he is responsible to check
which material is less, and what is required for the café .Our booking
manager is also responsible for booking of furniture, machineries and many
others things. Important machineries are purchased for proper budget is
made and then through clear process these machines are purchased. Minor
purchased e.g. furniture’s, cleaning equipments, paint and other goods used
in our company.
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Marketing Mix
The marketing mix is probably the most famous marketing term. Its
elements are the basic, tactical components of a marketing plan. Also known
as the Four P's, the marketing mix elements are price, place, product, and
promotion.
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The firm attemty to generate a positive response in the target market
by blending these four marketimg mix varivales in an optimal manner.
Product
The Product is the physical tangible goods or service offered to the
customers. It also refers to the appearance and packaging, the benefit and
function, quality, branding, and any associated warranties. The people buy
benefits, not products. Products have to satisfy a need or want for some
market segment. In order to achieve are marketing objectives we need to
have a strategy that includes different elements in order to serve our product.
Features: The main and unique feature of our café is that it is to facilitate
the customer of every age. Our prices are affordable.
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customer have a prize in the starch card then the attendant at the café will
give the prize to the customers.
There are three portion of our café one is for snacks which includes chips,
nimko, peanuts, biscults etc, second is for cold drinks and the third one is for
hot drinks e.g. coffee and tea.
Price
The place is where we can expect to find our customer and
consequently, where the sale is realized. Knowing this place, we have to
look for a distribution channel in order to reach our customer. Price
decisions should take into account profit margins and the probable pricing
response of competitors. Pricing includes not only the list price, but also
discounts, financing bundling, price discrimination, cash and early payment
discounts, suggested retail price, pricing strategy and price flexibility.
Pricing objectives
Our pricing is clear, concise and understood by all involved in making
pricing decision, futher these objectives are so stated as to enable those
changed with prices responsibilities to performance with them. Our prices
are very affordable to all the class of the customers. The prices of our snacks
are Rs.10, the prices of hot and cold drinks are Rs.15.oue prices are low so
that the customers are willing to use are services and also attract them. Our
price is in a payment form.
Growth
Sales or profit growth
Market share growth
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Profit
Minimize return on investment
Maximize short and long run profit
Cash flow
Rapidly recover new product development costs
Competition
Pricing strategies
Place (distribution)
Place is associated with channels of distribution that serve as the means for
getting the product to the target customer .the distribution system performs.
Distribution channels, market coverage specific cannel members,
warehousing distribution centers, order processing transportation.
Hit fit café is dealing in six places in Faisalabad like outside the Allied
Hospital,Civil Hospital,Ghulam Mohammadabad ,Green Town and at the
main gate of Agriculture University. Our head office is in Gulstan Colony.
Hit fit café involves in direct distributing e.g. from the manufacture.
Manufacture has the complete control over our products.
Promotion
Promotions are related to communicating and selling to potential
consumers. Since these costs can be large in proportion to the product price,
a break-even analysis should be performed when making promotion
decisions. It is useful to know the value of the customer in order to
determine whether additional customers are worth the lost of acquiring them.
Promotion decisions involve advertising, public relation, media types.
Marketing communications budget personal selling and sales force.
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Product Price Place promotion
Functionality List price Channel members Advertising
Appearance Discounts Channel motivation Personal selling
Quality Allowance Market coverage Public relations
Packaging Financing Locations Message
Brand Leasing Logistics Media
options
Warranty Service level Budget
service
To make our customers aware that our product exists, there are a
number of methods we choose to use, the following methods.
Logo
Slogan
Ab bolo ha na maaza ki baat
Promotion objectives
Our company has some objectives of promotion to give information
about our service for the awareness of the customers. First of all we aware
our customers about innovation feature of our services, their benefit and
qualities which is not given by others.
Promotion mix
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Advertising we communicate with and audience through paid media.
Direct marketing we also use a direct marketing for the direct interaction
with the customer. We use to elements of direct marketing, personal selling-
Tele marketing.
Internet we also selected the internet to promote our product. People can
gain awareness about our product through our website.
Print media play important role in the success of any product on service.
We have selected the following media for advertising.The News, Jang,
Dawn,Family magazings,Nawa-i-waqt.
Out door media it takes a lot of contribution for the promotion of product.in
out door media we have selected the following medias for the
advertisements of our services.
Billboards
Posters: print posters
Buntings
Banners
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Market Segmentation
Marketing segmentation can be defined as the process of dividing a market
into distinct subsets of consumers with common needs or characteristics and
selecting one or more segments to target with a distinct marketing mix. The
process of splitting customers, or potential customers, in a market into
different groups, or segments, within which customers share a similar level
of interest in the same or comparable set of needs satisfied by a distinct
marketing proposition.
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Bases for segmentation
The first step in developing a segmentation strategy is to select the
most appropriate base on which to segment the market. Major categories of
consumer characteristics provide the most popular bases for market
segmentation. The most common profilers used in customer segmentation
include the following:
Geographic
• Region of the country
• Urban or rural
• Climate
Demographic
• Age, sex, family size
• Income, occupation, education
• Religion, race, nationality
Socailculture segmentation
• Family life cycle
• Social class
Psychographic
• Lifestyle type
Behavioral
• Product usage - e.g. light, medium, heavy users
• Brand loyalty: none, medium, high
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• Type of user (e.g. with meals, special occasions)
Occasional segmentation
Benefit segmentation
Business segmentation
Geographic segmentation
In Geographic segmentation, the market is divided by location. The theory
behind this strategy is that people who live in the same area share similar
needs and wants and that these needs and wants differ from those of people
living in other areas. Following are the different geographical units: these
units include:
City / Town size: e.g. population within ranges or above a certain level
Demographic Segmentation
Demographic segmentation consists of dividing the market into
groups based on variables such as age, gender family size, income,
occupation, education, religion, race and nationality.Demographic
segmentation is one of the most straightforward bases for segmenting
markets; they are also one of the most meaningful. The main demographic
categories are described below:
Age
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For many products buying behavior is closely related to age category.
The range of these categories will vary depending upon the product or
service, thus range may appeal to the 18-30 age, whereas visiting historic
properties may be popular with the 25-45-age range. Age is regularly used to
define the behavior of certain markets. For instance younger people tend to
be more active in making business trips than they are in domestic holiday
trips.
Sex
Sex will also determine consumption patterns.e.g. Male, female.
Gender
Gender segmentation is widely used in consumer marketing. The best
examples include clothing, hairdressing, magazines and toiletries and
cosmetics.
Socialcultureal segmentation
In this segmentation, consumer markets have been successfully
subdivided into segments on the bases of stage in the family life cycle, social
class and subculture memberships.
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2 Pre-Family - Adults married without children
3 Family - One or more children
4 Late - Adults whose children have left home
Social class
Many Marketers believe that a consumer "perceived" social class
influences their preferences for cars, clothes, home furnishings, leisure
activities and other products & services. There is a clear link here with
income-based segmentation. This segmentation is a mixture of social class
and income. Classifications are based on the occupation of the head of
household. Socio economic groupings used in the country are those
established by the National Readership Survey, and fall into the following
categories:
Psychographic segmentation
This type of segmentation divides the market into groups according to
customers’ lifestyles.
Lifestyle segmentation
Different people have different lifestyle patterns and our behavior may
change as we pass through different stages of life. For example, a family
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with young children is likely to have a different lifestyle to a much older
couple whose children have left home, and there are, therefore, likely to be
significant differences in consumption patterns between the two groups.
One of the most well known lifestyle models, the “sagacity lifestyle
model”, identifies four main stages in a typical lifestyle:
Occasional segmentation
This segments on the basis of when a product is purchased or
consumed. For example, some consumers may only purchase flowers,
boxes of chocolates for celebrating birthdays or Christmas, whereas other
consumers may buy these products on a weekly basis. Marketers often try to
change customer perception of the best time to consumer a product by
promoting alternative uses for a product. For example, recently Kellogg’s
has attempted to change the image of cereals to that of an ‘any time’ snack,
rather than simply a breakfast meal. Many products are promoted for special
usage occasions. The greeting cards industries, e.g. stresses special cards for
a variety of occasions that seem to be increasing almost daily (Eids, Mothers
day, Birthdays, etc.)
Benefit segmentation
This requires marketers to identify and understand the main benefits
consumers look for in a product. Toothpaste, for example, is not only
bought to maintain healthy teeth and gums, but also because of its taste and
in order to help combat bad breath!
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Behavioral segmentation
Behavioral segmentation identifies consumption rates of a product or
service as a means of segmenting markets. For instance customers of a local
leisure center may be classified as:
If a company can identify the characteristics of frequent users (they may live
in a certain area and have other common features such as income) they can
target those segments in order to increase the number of frequent users.
Loyalty status
A market can also be segmented according to the degree of consumer
loyalty to a product or service brand. Kotler divided consumers into four
groups according to their loyalty status. A brewery may identify the pubs in
a postcode area for instance pub A, pub B, pub C, pub D and classify the
local population according to their loyalty. Thus using Kotler's classification
the market would be classified as follows:
• Hard core loyal - These are consumers with undivided loyalty to one
brand or pub. Their purchasing pattern over six periods would be,
AAAAAA
• Soft-core loyal - Consumers with divided loyalty between two or
more brands. Their purchasing pattern may be, AABBBA.
• Shifting loyalties - These consumers 'brand switch', their loyalty
pattern may be, ACBAAC
• Switchers - These consumers demonstrate no brand loyalty at all thus
their loyalty pattern may be ACDBAD.
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Substantial parts of the market for hospitality services are represented
by other businesses, or organizations for instance conferences, seminars,
incentive travel packages, air crew services are all aimed at other businesses
rather than consumer markets. The concept of segmentation can be applied,
although the bases used are likely to be different. A more detailed discussion
is given by Webster. Some of the most frequently used industrial market
segments include:
• Size of firms
• Type of industry
• Geographical region
• Type of buying organization
Summary
Target marketing or market segmentation based on customer needs and
wants can increase profits. Target marketing identifies customer groups and
the reasons they purchase. Market segmentation helps a business be more
responsive to changing customer needs. An overall marketing plan or
strategy visually shows how all aspects of a marketing effort work together.
Remember, the ultimate goal of any business is to sell the product or service.
49
50
WHAT IS SELLING PROCESS:-
Selling is a part of the process by
which organization customers to purchase their goods and services.
PROSPECTING:-
The selling process beings prospecting , or finding
qualified potential buyer . In all types of selling except retail , it is
unlikely that customer will come to the salesperson . Salesperson
must seek out potential customers . Two major activities are involved
in prospecting :identifying potential customers and qualifying these
potential customers to determine if they are valid prospects .
(1)IDENTIFYING PROSPECTS:-
Prospects come from many sources : friends
and acquaintances , other salespeople , previous customers , supplier ,
nonsales employees in the firm, and social and professional contacts .
A number of sources and techniques for finding prospects are
described in this section .
51
PRESENT CUSTOMERS:-
The best source of is usually the
salesperson’s exiting customers . It is much easier to sell additional
goods and services to existing customers than to attract new
customers .
COLD CALLING:-
Some salespeople rely heavily on cold calling, or
unsolicited sales calls, as a prospecting technique. This approach simply
involves knocking on doors. The salesperson makes contact with a
potential customer , introduces himself and asks if there is a need for
his product.
PROSPECTING SERVICES:-
(2)QUALIFYING PROSPECTS
MONEY
AUTHORITY
52
Authority to make a commitment for making decision to purchase . A
salesperson must identify the key decision maker early to make
effective use of his selling time .
Need
A salesperson should do as much as possible to learn about a
prospect’s needs and whether a specific need for the product in
question exists .
(3)PREPARING
After a prospect hit fit café has been identified
and qualified , the sales representative prepares for the sale . This stage
involves the two key activities of pre-approach and call planning .
PRE-APPROACH
Call Planning
Call planning involves a specific sequence of activities
before the sales interview takes place.
• Specifying the objective.
• Developing a strategy.
• Making an appointment.
Approach
The hit fit café first portion of a sales presentation is a very critical
part of the sales call .It is during this time, known as the approach that the
salesperson introduces himself, outline the purpose of the visit , tries to
establish rapport with the prospect ,obtains the prospects attention , and
attempts to build interest in the material that will be presented .
53
• First impressions are essential.
• Preparation.
• Ask the question.
• Offer a benefit.
• Give something of value.
FEATURES-BENEFITS SELLING:-
Most professional sales trainers
emphasize features-benefits selling. The seller relates to a prospect’s
needs by emphasizing the benefits a prospect will receive from the
features of a good or service .
PRESENTATION TECHNIQUES
The sales dialogue above contains
examples of techniques a sales representative can use to prove how an
item will benefit a customer .
• Visual Aids.
• Testimonials
• Examples.
• Demonstrations.
54
HANDLING OBJECTIONS
All salespeople of hit fit cafe encounter sales
resistance-actions or statements by a prospect that postpone , hinder,
or prevent the completion of a sales . Normally , sales resistance takes
the form of an objection-an outward expression , usually verbal , of a
prospect’s doubts or negative feelings .
• Timing .
• Price .
• Source .
CLOSING
FOLLOWUP
Many sales representatives make the mistake of
assuming that the selling process has been completed when the sale
is made . This is a critical mistake . The term follow up is used to
describe the important aftersale activities . Effective sales follow up
reduces the buyer’s dissonance , or doubt , and it improves the chance
that the person will buy again in the future . Sales representatives
must always follow up on the sale .
• Postsale Action.
55
• Customer Relation.
• Maintain contact with customer.
• Keep serving the customer.
• Show Appreciation.
• Self Analysis.
56
Types of environments
Micro environment
Macro environment
57
company, suppliers, marketing intermediates ,customers,competitors, and
various publics,which combine to make up the companys value delivery
network.
This includes all factors that can influence and organization, but that are out
of their direct control. A company does not generally influence
any laws (although it is accepted that they could lobby or be part of a trade
organization). It is continuously changing, and the company needs to be
flexible to adapt. There may be aggressive competition and rivalry in a
market. The wider environment is also ever changing, and the marketer
needs to compensate for changes in demographics,culture, politics,
economics and technology.
The company
Suppliers
Suppliers from an important link in our company’s overall customer
value delivery system. They provide the resources needed by our company
58
to produce its good and services. Supplier’s problems can seriously affect
marketing. Increase in raw material prices will have a knock on affect on the
marketing mix strategy of an organization. Prices may be forced up as a
result. A closer supplier relationship is one way of ensuring competitive and
quality products for an organization.
Marketing intermediates
Market intermediates are firms that help the company to promote, sell,
and distribute its goods to final buyers. They include resellers, physical
distribution firms, marketing services agencies, and financial intermediates.
Our intermediates determine the best way to select the intermediates
marketing managers is closely related with the following intermediates for
the success of healthy food.
Physical intermediates firm help the company to stock and move goods
from their points of origin to their destination.
Customers
Our company studies its customers to fulfills their needs and wants
because consumers are the most important part of the company. There are
different types of customers markets.
Consumer markets
Business market
Reseller market
59
Government market
International market
Our firm survives on the basis of meeting the needs, wants and providing
benefits for our customers.
Competitors
The name of the game in marketing is differentiation. What benefits
can the organization offer, which is better, then their competitors? Can they
sustain this differentiation over a period of time from their competitors?
Competitor analysis and monitoring is crucial if an organization is to
maintain its position within the market.
Publics
Financial public
Media publics
Government publics
Citizen-action publics
Local publics
General publics
Internal publics
Summary
60
The company’s proximate macro environment was then examined under
supplier, distributive and competitive environment environments and finally
the wider macro-environment was examined under the headings: political
and legal, economic, socio-cultural and technological environments.
Macro-environment
The company and all of the other actors operate in a large microenvironment
of that shape opportunities and pose threats to the company show the six
major forces in the company’s microenvironment .the major uncontrollable,
external forces (economic, demographic, technological, natural, social and
cultural, legal and political) which influence a firm's decision making and
have an impact upon its performance. The macro environment refers to the
larger forces that have an impact on society as a whole and not on just one or
a few companies. One single firm cannot usually make significant changes
to these forces and therefore it can only mold itself around these forces and
adapt its marketing mix to compensate for the opportunities and threats that
may arise
Demographic forces
61
Company
Technological forces
DEMOGRAPHIC ENVIRONMENT
ECONOMIC ENVIRONMENT
NATURAL ENVIRONMENT
62
The natural environment involves the natural
resources that are needed as inputs by marketers or that are affected by
marketing activities. Environmental concerns have grown steadily during the
past three decades. In many cities around the world, air and water pollution
have reached dangerous levels. Marketers should be aware of several trends
in the natural environment. The first involves growing shortages of raw
materials. Air and water may seem to be infinite resources, but some groups
see long run dangers.
TECHNICAL ENVIRONMENT
Forces that create new technologies, creating new product and market
opportunities .The technological environment is perhaps the most dramatic
force new shaping our destiny. Technology has released such wonders as
antibiotics, organ transplants, laptop computers, and the internet. It also has
released such horrors as nuclear missiles, chemical weapons, and assault
rifles. It has released such mixed blessings as the automobile, television,
and credit cards. our attitude toward technology depends on whether we are
more impressed with its wonders or its blunders .
POLITICAL ENVIRONMENT
Marketing decisions are strongly affected by developments in the political
environment. The political environment consists of laws, government
agencies, and pressure groups that influence and limit various organizations
and individuals in a given society. Closely tied to the notion of the
competitive environment is the political and legal environment, especially
the extent and complexity of laws that govern all selling and interest
commerce .these are aimed at preventing monopoly and unfair trade
practices.
CULTURAL ENVIRONMENT
The cultural environment is made up of
institution and other forces that affect a society’s basics values, perceptions
and behaviors. People grow up in a particular society that shapes their basic
63
beliefs and values. They absorb a worldview that defines their relationship
with others. People are the most important part of a company’s selling
environment. Successful salespeople and manager know their customers
intimately: who and where they are how, when and why they buy their needs
and operations even their personal histories and idiosyncrasies.
What is budget?
A budget is a description of financial plan. It is a list of estimates of
revenues to and expenditures buy and agents, for a stated period of time.
Budget generally refers to a list of all planned expenses. Budget is a
summary of intend expenditures along with proposals of how to meet them.
So it can be defined as,
64
“An itemized summary of estimated or intended expenditures for again
period along with proposals for financing them.”
Budgeting
The process of translating planning and programming decisions into
specific projected financial plan for relatively short periods of time.
Budgeting is the process of predicting and controlling the spending of
money within the organization. Budget are short range segments of action
programs adopted that set out planned accomplishment and estimates the
resources to be applied for the budget periods in order to attain those
accomplishments.
Budget
65
Description Total Rs.
Land 30,0000
Building 25,0000
Furniture,vehicles,security system 10,20000
Machinery and Plant 15,00000
Raw Material 1,20000
Department Payments 37,29000
Tools and equipment 1,50000
Interest during construction 8,20000
Pre-operating cost and deferred 6,30000
Total Fixed cost
Net initial work capital 1,22,000
Project cost
Contents
66
Sr.No Chapter Page No.
1. Creativity
2. Entrepreneurship
3. Feasibility
4. Introduction
5. Management pillars
6. Departments
7. Marketing Mix
8. Market Segmentation
9. Selling Process
10. Environment
11. Budget
Leading
67
Characteristics
Of
subordinates
Work
Environment
Organizing
68
1. Enterprise 2. Supporting objectives,
Objectives polices, and plans
3. Identification and
classification of required
activities
4. Grouping of activities
in light of resources and
situations
5. Delegation of
authority
69
HOD
Accountant Accountant
Cashier Cashier
Peon
70
Company also provides compensation like bonus, social security, and
S Name of Designation Qualification Salary Timing
r.N employees
o
1. Mr.Kamran HOD MBA 25,000 9.30am to 4.30pm
2. Mr.Sharoz Director Finance MBA 22,000 9.00am to 4.30 pm
3. Mr. Ali Deputy Manager MBA 22,000 9.00am to 4.30 pm
4. Mr.Fakar Deputy Manager MCS 20,000 9.00am to 4.30 pm
5. Mr.Asaf Accountant MCS 20,000 9.00am to 4.30 pm
6. Miss.Huma Accountant BBA 16,000 9.00am to 4.30 pm
7. Mr.Umar Cashier BCS 16,000 9.00am to 4.30 pm
8. MR.Uzair Cashier BCS 14,000 9.00am to 4.30 pm
9. Mr.Hasan Peon Metric 5,000 8.00am to 5.30 pm
incentives.
1,60,000
The
accounting
71
and finance
process
Economics Accounting
Activities and finance
information
Decision
makers
Advertising
72
HOD
Advertising Manager
A. Manager A. Manager
1 Worker 1 Worker
Peon
73
Advertising
Review advertising
objectives
Select appropriate
performance measures
Collect data on
advertising performance
Compare advertising
performance against
74
HRM
Forecasting and
Job design
Appraising Compensation
Performance and Reward
Handling employees
complaints and
problems
75
HOD
Manager
A. Manager A. Manager
4 Workers
Peon
76
Planning
Comparing
Being aware of Alternatives in
opportunity light of goals
sought
Setting
Choosing an
objectives of
Alternatives
goals
Considering Formulating
Planning Supporting
Premises Plans
Numbering
Identifying
Plans by Making
Alternatives
Budget
77
Controlling
Measureme Comparison
Desired Actual nt of actual
performance Performance Of the performance
actual against
Performanc standards
e
78
Sr. Name of Designation Qualification Salary Timings
no employees
1. Mr.Ali HOD MBA 25,000 9.30 am to 4.30pm
2. Mr.Asghar Manager MBA 20,000 9.00 am to 4.30pm
3. Mr.Omar A. Manager MBA 18,000 9.00 am to 4.30pm
4. Mr.Ahmad A. Manager Msc 18,000 9.00 am to 4.30pm
5. Miss.Ayesha Worker B.A 14,000 9.00 am to 4.30pm
6. Mr.Aslam Worker B.A 14,000 9.00 am to 4.30pm
7. Mr.Husan Worker B.A 14,000 9.00 am to 4.30pm
8. Miss. Sana Worker BBA 14,000 9.00 am to 4.30pm
9. Mr. Zaker Peon Middle 4,200 8.00 am to 5.30pm
1,37,200
79
S Name of Qualification Designation Salary Timing
r.n employees
o
1. Mr.Ali MBA HOD 30,000 9.30 am to 4.30 pm
2. Mr. Umar MBA Manager 25,000 9.00 am to 4.30 pm
3. Mr. Zaker M.A A. Manager 25,000 9.00 am to 4.30 pm
4. Mr. Aslam B.A Worker 18,000 9.00 am to 4.30 pm
5. Mr. Saqib B.A Worker 18,000 9.00 am to 4.30 pm
6. Miss.Sana B.A Worker 16,000 9.00 am to 4.30 pm
7. Mr.Talha B.A Worker 16,000 9.00 am to 4.30 pm
8. Mr.Ahmed Metric Peon 5,000 8.00 am to 5.30 pm
1,26,000
80
HOD
Manager
Assistant Material
Manager Manager
Supervisor
Assemblage
81
MANUFACTURE
82
HOD
A. Manager A. Manager
Peon Sweeper
83
Sr. Name of Designation Qualification Salary Timing
No employees
1. Mr.Komail HOD M.Sc 25,000 9.30 am to 4.30pm
2. Mr.Shehroz E. Manager MBA 18,000 9.00 am to 4.30pm
3. Mr.Asif A .Manager B.Sc 14,000 9.00 am to 4.30pm
4. Mr.Rizwan A .Manager B.Sc 14,000 9.00 am to 4.30pm
5. Mr.M.Ali Peon Middle 5,000 9.00 am to 4.30pm
6. Mr.Shahid Sweeper Primary 4,000 8.00 am to 5.30pm
80,000
84
85
HOD
Manager
4 Workers A. Manager
Peon
86
S Name of Designation Qualification Salary Timing
r.n employees
o
1. Mr.Azeem HOD MBA 25,000 9.30 am to 4.30pm
2. Mr.Asfend Manager MBA 20,000 9.00 am to 4.30pm
3. Mr.Zohaib A. Manager M.Sc 15,000 9.00 am to 4.30pm
4. Mr.Usama Worker B.A 8,000 9.00 am to 4.30pm
5. Mr.Taimur Worker BBA 8,000 9.00 am to 4.30pm
6. Mr.Mansoor Worker F.Sc 8,000 9.00 am to 4.30pm
7. Mr.Kashif Worker B.Sc 8,000 9.00 am to 4.30pm
8. Mr.Kamran Peon Middle 4,000 8.00 am to 5.30pm
96,000
87
HOD
Supervisor
5 Workers 5 Workers
Peon
88
HOD
Manager A. Manager
2 Workers
Peon
89
HOD
Director
A. Manager A. Manager
Supervisor Supervisor
Assemblage Worker
Peon
90
O AND M
1,14,000
91
S Name of Designation Qualification Salary Timing
r.N employees
o
1 Mr.Ali HOD MBA 25,000 9.00 am to 4.30pm
2. MR.Umar Booking MBA 20,000 9.00 am to 4.30pm
Manager
3. Mr.Hussan Purchaing M.Sc 20,000 9.00 am to 4.30pm
Manager
4. Mr.Amir Worker BBA 15,000 9.00 am to 4.30pm
5. Mr.Uzar Worker B.Sc 15,000 9.00 am to 4.30pm
6. Mr.Talha Worker B.com 15,000 9.00 am to 4.30pm
7. Mr.Amjad Worker B.com 15,000 9.00 am to 4.30pm
8. Mr.Fheem Peon Primary 4,500 9.00 am to 4.30pm
1,29,5000
92
S Name of Designation Qualification Salary Timing
r.N employees
o
1 Mr.Ali HOD MBA 25,000 9.00 am to 4.30pm
2. MR.Umar Advertising MBA 20,000 9.00 am to 4.30pm
manager
3. Mr.Hussan A.Manager M.Sc 20,000 9.00 am to 4.30pm
advertising
114000
93
HOD
Booking Purchasing
manager manager
A. Manager A. Manager
2 Workers 2 Workers
Peon
94
Marketing
Marketing Process
Key strategies
Proposed budget
95
Sr. Name of Designation Qualification Salary Timing
No employees
1. Mr.Shahid HOD M.Sc 25,000 9.30 am to 4.30pm
2. Mr.Shehroz IT Manager MBA 18,000 9.00 am to 4.30pm
3. Mr.Asif A .Manager MBA 16,000 9.00 am to 4.30pm
4. Mr.Rizwan Worker B.Sc 14,000 9.00 am to 4.30pm
5. Mr.M.Ali Worker BBA 14,000 9.00 am to 4.30pm
6. Mr.Komail Peon Primary 4,000 8.00 am to 5.30pm
91,000
96
IT
HOD
IT Manager
A. Manager 2Workers
Peon
97
Sr. Name of Designation Qualification Salary Timing
No employees
1. Mr.Ali HOD MSC 25,000 9.30 am to 4.30pm
2. Mr.Shehroz Manager MBA 20,000 9.00 am to 4.30pm
3. Mr.Asif Engineer M.Sc 20,000 9.00 am to 4.30pm
4. Mr.Shahid Researcher B.Sc Engineeing 16,000 9.00 am to 4.30pm
5. Mr.M.Ali Researcher M.Sc 16,000 9.00 am to 4.30pm
6. Mr.Komail Worker BBA 10,000 9.00 am to 4.30pm
7. Mr.Rizwan Peon Primary 4,000 8.30 am to 5.30 pm
1,26,000
98
99