INR 500 business game

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MISSION 500 ( ….A Boys’ Day Out) Navdeep Dahiya Bhumil Rastogi Ajay K Raina Aman Chauhan Ankit Yadav

description

A fun game at Era Business School during our foundation course wherein a group of students were instructed to do business with an initial capital of ₹ 500.

Transcript of INR 500 business game

Page 1: INR 500 business game

MISSION 500( ….A Boys’ Day Out)

Navdeep DahiyaBhumil RastogiAjay K RainaAman ChauhanAnkit Yadav

Page 2: INR 500 business game

BUSINESS CONCEPT

Zero Investment Capital.

Look Close by.

Identify demand first.

Page 3: INR 500 business game

MODUS OPERANDI

Café Owner Zeroed Upon.

Interaction to Identify Needs.

Distribution of responsibilities.

Market survey.

Identification of the Key Product.

Extract Advance as commitment.

Procurement.

Supply.

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WHY THE DEAL!

Eggs per tray (30 eggs)

MRP - INR 105-110 per tray.

Supplier to Dealer- INR 95 per tray.

Our quote to Café - INR 90 per tray

Café owner saved INR 5/- per tray and, thus, the deal.

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PL EQUATION

CP for Group - INR 80 per tray. Total CP for 06 Trays- INR 480.

SP for Group - INR 90 per tray. Total SP for 06 Trays- INR 540.

Total Profit = 540 – 480 = INR 60. Less Expenses = Nil/ notionally INR 10/-. Profit = INR 50 on an investment = 0. Mathematically, profit = 10.41%

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LEARNING & CHALLENGES

Not easy.

Incentive.

Quality Issues.

Competition.

Innovative.

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SCOPE FOR IMPROVEMENT

Direct purchase.

Long term.

Customer base.