Gulistan Group of Companies..final Report

INTERNSHIP FINAL REPORT
GULISTAN GROUP OF COMPANIES PRIVATE

LIMITED
WALEED LAL BAKHSH

THE HAJVERY UNIVERSITY
LAHORE
1
DEDICATION
This Report is dedicated to
My Dear Parents
My Honorable Teachers without
&
My beloved Colleagues
My Honorable Teachers without
Whose Guidance this would
Not have been possible
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Internship for 10 weeks
FINAL REPORT
ON
Gulistan Group of Companies

Pvt Limited
BY
Waleed Lal Bakhsh

1447
B.COM
The Hajvery University, Lahore
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List of Contents
No. Contents Page Page No
1 Acknowledgment 05
2 Preface
06
3 Introduction 07
4 Identification & Description 09
4 Company Information 12
5 Export Countries 15
6 Market Target 16
7 Description & Nature of the Job 17
8 Important Skills & Ideas Learnt 20
9 Weakest Area of the Company 23
10 Recommendation 24
11 Future Prospect 26
12 Competitors 30
13 Company Ranking against Competitors 35
14 Favorite personality 37
15 Recommended to improve 38
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Acknowledgement
My report will remain incomplete if I do not mention the

efforts of those people who helped me in completing this
work.
First of all I will thank my ALLAH who enables me to

making this project. Second I will thank to my teacher who
got me opportunity to work in such a prestigious
organization, which is well known in the country. I also
tribute to my all teachers who able me to work with
experienced persons and enable me to work very
efficiently throughout the period of Internship.
The accountant department of GTSM helped me in

preparing my internship Ahmed. The program was
organized in such a way that sufficient time was given to
each department according to its importance. I am really
thankful for his co-operation during the internship.
At last, I would like to thank all those persons who helped

me in completing this report.
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Preface
Bachelor degree is more practical one compared to other

Bachelor degree.
Majority of the studies includes practical work and

experience to give students
a closer look of the business work and its requirements. That

is the degree
holder can adjust themselves easily in al kinds of businesses

and industrial
environments. Final project of planning is a part of that

series. It is an integral
part of degree at THE HAJVERY UNIVERSITY LAHORE. It helps

students
to understand the practical work and know about working of

an organization.
To meet this purpose, I was assigned the below project at

Gulistan Group Of
Companies Private Limited . In this short period I have

learned a lot about an
organization
.
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The first part is the introduction of the Textile Industry. The
second part is the
Organization’s view. The third is the Analysis of Industry and

the company
while the forth is about Recommendations and conclusion. I

hope this report
will provide a clear inside picture of Kohinoor Weaving Mills

Limited to its
readers and they will know much more the planning.
Introduction
• Gulistan Group of Companies began with the

establishment of Gulistan
Textile Mills in 1966.
• Gulistan Group of Companies since then the group has

expanded substantially to become one of the largest
textile groups in Pakistan with over 6000 employees
• Gulistan Group of Companies main focus of this

carefully designed expansion has been to add stability
to our business obligations and win customer
confidence in product quality, reliability and
competence.
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• This approach towards progress and growth is visible in
Gulistan Group's enormous success in all of
its undertakings to date.
• Gulistan Group of Companies an annual turnover of US$

140 million.
• Gulistan Group of Companies all units are listed

company.
• Gulistan Group of Companies head office in Lahore &

Karachi.
Gulistan Group comprises of:
• 11 spinning mills producing 60,000 tons of yarn per

annum.
• 2 woven fabric mills producing 16.5 million meters of
fabric per
annum.
• 4 Power generation plants producing 21 megawatts
of electricity.
• Gulistan Group of Companies are manufacturing

(Yarn, Febrics,Apparel , Cotton Clothes, Towels, Bed
wear, knitwear, Raw Cotton, etc)
• YARN
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Gulistan’s 9 spinning mills with 215,000 spindles and
4,200 rotors produce 70,000 tons per year of cotton &
blended yarns from 4/1 to 120/1 as well as up to 10-plied
yarns. This is complemented by a yarn dyeing plant with
a capacity of 3,000 tons per year of a wide variety of
mélange and dyed yarns. Gulistan Group has one of the
largest and most versatile spinning setup in Pakistan.
• FABRICS
The state of art weaving unit with its 255 air jet and
projectile looms have a capacity of weaving 36 million
linear meters of high quality greige fabric in widths
ranging from 40 inches to 144 inches and thread counts
as high as 600 in single,
• APPAREL
The state of art weaving unit with its 255 air jet and
projectile looms have a capacity of weaving 36 million
linear meters of high quality greige fabric in widths
ranging from 40 inches to 144 inches and thread counts
as high as 600 in single, double and four pick insertions.
The weaving product line includes fabrics for garments,
home textiles and industrial applications.
• HOME TEXTILE
Home Textile products are the latest addition to the

group’s product range. A manual fabrication facility is
being setup and exports have already begun of top
quality yarn dyed sheet sets into the United States.
Identification & Description
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ulistan group of companies have seven following units to produce
yarn and fabrics.
Names of Sales Tax Registration Units No of

companies No units
1. Gulistan Textile Mills LTD 1206520500137 (GTM) 04
2. Gulistan Spinning Mills LTD 1206520500473 (GTSM) 01
3. Gulshan Spinning Mills LTD 1206520500882 (GSM) 03
4. Gulistan Fabrics LTD 1206552050039 (GFL) 01
5. Paramount Spinning Mills LTD 1206520500882 (PSM) 01
6. Gulistan Power Generation LTD 1200271601064 (GPG) 04
7. Gulistan Weaving Mills LTD 1206520501354 (GWM) 01
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1. Gulistan Textile Mills LTD (GTM)
Having four units at different location, machinery

production capacity and its employee.
MACHINARY
UNITS LOCATION PRODUCTION CAPACITY EMPLOYEE
GTM (1) Bahawalpur 38000 Spindle 2000
GTM (2) Tobba Sultanpur 25000 Spindle 1200
GTM (3) Tobba Sultanpur 1200 Router 400
GTM (4) Ferouzpur 54000 Spandle 2500
2. Gulistan Spinning Mills LTD (GTSM)

Having only one unit at this location, machinery
MACHINARY
GTSM (1) Chunian 24000 Spindle 1050
3. Gulshan Spinning Mills LTD (GSM)

Having three units at different location, machinery
MACHINARY
GSM (1) Tobba Sultanpur 1200 Router 400
GSM (2) Chunian 25000 Spindle 1100
GSM (3) Warburton 28000 Spindle 1300
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4. Gulistan Fabrics LTD (GFL)
Having only one unit at this location, machinery
MACHINARY
GFL (1) Kotri 24000 Router 400
5. Paramount Spinning Mills LTD (PSM)

Having only one units at this location, machinery
production capacity and its employee capacity
MACHINARY
PSM (1) Kotri 28000 Spindle 1300
6. Gulistan Power Generation LTD (GPG)
Having four units at different location,

machinery production capacity and its employee.
MACHINARY
GPG (1) Bahawalpur 10 MW 200
GPG (2) Ferouzpur 10 MW 200
GPG (3) Chunian 10 MW 200
GPG (4) Kotri 10 MW 200
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7. Gulistan Weaving Mills LTD (GSWM)
Having only one units at this location, machinery

production capacity and its employee capacity
MACHINARY
GSWM (1) Ferouzpur 500 Loams 2000
Company Information
BOARD OF DIRECTORS:
Mr. Abdul Shakoor (Chairman)
Mr. Abdul Shakoor Chairman
Mr.Tanveer Ahmed CEO
Mr. Naseer Ahmed Director
Mr. N. R. Siddiqui Director
Mr. Mohammad Abdullah Director
Mr. Riaz Ahmed Director
Mr. Mohammad Younas Director
MANAGEMENT:
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Management Director
• Mr. Tanveer Ahmed
Chief Financial Officer
• Mr. Ahmed Maqsood
Chief Executive Officer
• Mr. Tanveer Ahmed
Legal Advisor
• M/s. Akhtar Javed
• M/s. Sharif & Company Tax Consultant
INTERNAL AUDIT COMMITTEE:
• Mr. Abdul Shakoor
• Mr. N. R. Siddiqui
• Mr. Riaz Ahmed
COMPANY SECRETARY:
• Mr. Zameer Q. Siddiqui
BANKERS:
• United Bank Limited
• Habib Bank Limited
• National Bank Of Pakistan
• Royal Bank of Scotland
TRANSPORTATION: REGISTERED OFFICE:
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• Iranullah 2nd Floor Finlay House
I,I. Chundrigar Road
• AL-Rahim Karachi
• Malik Asghar
• New Malik REGIONAL OFFICE:

58 Main Gulbaerg
• AL-Abbas Lahore
SHIPPING LINE:
• HUNDAI
• APL
• NYK
• OOCL
• UNIVERSAL
• KMTC
AUDTIORS:
M/s. Mushtaq & Company

Charted Accountants
Karachi
SHARE REGISTERED OFFICE:
M/s. Hameed Majeed Associates (Pvt) Ltd.

Karachi Chamber
Harsat Mohani Road
Karachi
Ph. 2424864, 2412754
Countries
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Our company is today represented in more than 50 countries all over the world.
Gulistan group of companies provide in these countries (Yarn, Febrics, Apparel,
Cotton Clothes, Towels, Bed wear, knitwear, Raw Cotton, etc). The main
countries are:
o Saudi Arabia
o Dubai
o Egypt
o Bahrain
o United State America (USA)
o Germany
o United Kingdom (UK)
o Japan
o Hong Kong
o Australia
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Target Market
In local market, the target customers of GGC are
• Upper class and upper middle class of the society

• House wives for the ho-textile fabrics
• For garments they are focusing on youngsters and adults
Where as in international market:
• USA
• European countries
• Asian countries
• Foreign youngsters
• Fashion designers
Distribution Channel
GGC is using only one channel for its distribution whether it is locally or
internationally.
GGC
AGENT
CONSUMER
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2. DESCRIPTION AND NATURE OF THE JOB
PERFORMED BY STUDENT.
In this chapter of my internship program, I will discuss in detail the activities

performed by me in GULISTAN GROUP OF COMPANIES (Pvt) Ltd. I have
esteemed desire to work in a good organization to get excellence, practice,
knowledge and skill. So luckily I got internship in GULISTAN GROUP OF
COMPANIES head office in Lahore, I spent ten weeks in this organization and
attained a lot of experience.
I joined GULISTAN GROUP OF COMPANIES head office in Lahore on 16

February for my internship training. First day, I reached there at 9’O clock and
reported to Mr. M.Malik the HR MANAGER
Mr. M.Malik. He took interview and tested as well my I.Q level. He gave me brief
introduction about company’s working and its management. He provided me ins
and outs to deal with different task.
Accounts Department
There are seven units in GULISTAN GROUP OF COMPANIES but I was

assigned to do my internship in (GTSM) Accounts department. This department
is basically related to allocate the account of Gulistan Spinning Mill.
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The main objective of this department is allocate the sales, purchases , foreign
demand draft , bank reconciliation statements, and all transaction of Gulistan
Group Of Companies.
So employees of this department are basically engineers and commercial

officers. I did my two month intern ship in this department which was a good
experience for me. I got much information, knowledge & skill about accounts.
MR. Aqib is a General Manager in account department. Mr. Ashraf and Mr. Faisal
Ahmed trained me about the accounts in ten weeks.
In these ten weeks I have got many things from Mr. Faisal Ahmed. Important
ideas and skill being learned. There were a lot some of them are as follows:
• SALES TAX PROCEDURE
• FOREIGN DEMAND DRAFT (FDD)
• BANK RECONCILIATION STATEMENT (BRS)
• FINAL ACCOUNT
• RECTIFYING OF ERROR
• LETTER OF CREDIT (LOC)
• ACKNOWLEDGEMENT OF CHEQUE
I have also prepared (Carriage Outward - Streamer Outward – Sales Tax –

Purchase Tax – Shipping Bills – clearance Charges) in Refund Claim Preparation
System (RCPS).
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How to prepare RCPS entries
An account officer in GTSM department Mr. Aqib Ahmed that deals in preparing
and submitting (RCPS) entries told me the procedure as follows:
Flow chart of the (RCPS) entries.

()
O
N
E
C
I
O
V
N
I
M
A
N
Y
R
A
E
PARTY TAX REGISTRATION
QUANTITY
TYPE OF PRODUCT
INVOICE VALUE
TAX PERCENTAGE
TOTAL AMOUNT
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Important Skills & Ideas Learnt
Being working in Gulistan Textile Mill, I have learnt four major following skills/ideas.
1) Communication Skills
2) Administrative Skills
3) Team work Skills
4) Basic Ideas
1. Communication Skills
From this experience I have improved my communication skills, in which I

learnt how to communicate with the different people working in an
organization.
I have learnt during my studies these three types of communication as:
• TOP TO BOTTOM
• BOTTOM TO TOP
• HORIZONTAL COMMUNICATION
During my internship I closely observed all these types of communication. At

each level of communication I observed effectiveness in GULISTAN.
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2. Administrative Skills
From this experience, I have learnt a lot about the situation handling in the
rainy days as well as in the normal days. As well as to administrate the
employees through motivation or through appraisal and close supervision their
work, Organizational behavior helped me in understanding the organizational
structure.
3. Team Work Skills
During my working in the Gulistan group of companies, I have seen a lot of team
work in the office.
Association of the employees with each other, the environment of the office is
very friendly and the employees are very much helpful to each other. Especially
the controller is very cooperative towards the employees.
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4. Basic Ideas
• Reading - Locates, understands, and interprets written information in

prose and documents including manuals, graphs, and schedules to
perform tasks. Learns from text by determining the main idea or essential
message.
• Writing - Communicates thoughts, ideas, information, and messages in

writing. Composes and creates documents such as letters, directions,
manuals, reports, proposals, graphs, and flow charts with language, style,
organization, and format appropriate to the subject matter, purpose, and
audience.
• Arithmetic - Performs basic computations using basic numerical

concepts, such as whole numbers and percentages, in practical situations.
Uses tables, graphs, diagrams, and charts to obtain or convey quantitative
information.
• Speaking - Organizes ideas and communicates oral messages

appropriate to listeners and situations. Participates in conversations,
discussions, and group presentations. Speaks clearly.
• Listening - Listens carefully and understands and responds to listener

feedback. Receives, interprets, and responds to verbal messages and
other cues such as body language .
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THE WEAKEST AREA OF THE COMPANY
The performance of textile manufactures was not

satisfactory in the year 2006-07 due to the following
reasons:
The poor quality of its products also affected the spinning industry.
The rise prime cotton price imported from USA which is an important input
producing higher quality of bed wear and fabrics. Made our good less competitive
in the international market
Gulistan group of company being low value-added and poor quality are facing
stiff competition in the international market.
The machinery of our companies installed in recent years for manufactures of

fabrics, yarn and cotton products is relatively inferior, intensive, less productive,
and carry higher maintenance cost.
The labour of our company is less productive , and need more skills to
produce good products.
Gulistan group of companies are not meeting the requirements of consumers in

term of fashion and design.
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Gulistan group of companie weakness a lot some of them are as follows:
 Poor quality of product

 High cost of production
 low value-added
 No proper labors training
 Lack of skills labors
 Less promotion of products
 Low employee satisfaction level
 Imported costly cotton
 Low resale value of product
 Inferior machinery
 Less productive machinery
RECOMMENDATION
Pakistan textile industries , after liberalization of trade, is facing stiff competition

from China, India, Bangladesh in the international market. For increasing textile
manufactures, Gulistan group of companies has no alternative but to improve the
sale of it product in followings way:
1) Gulistan group of companies should improve the quality of its products.
2) Gulistan group of company should empahasis on value-added products and

improve the quality.
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3) The machinery of our companies should be improved technology which
increase the production of goods.
4) There is an urgent need to set up vocational institute for providing modern

technical education to labour in the company.
5) Gulistan group of companies should meet the requirements of consumers in

term of fashion and design.
The specific recommendations for increasing the

manufactures are following down:
 Improve quality of production.

 Increase resale value of product.
 Lower cost of production.
 Provide the satisfaction to labours
 Emphasis on value-added products.
 Providing modern knowledge to labour.
 Increase promotion of products
 Provide new technology machinery
 Increase the marketing of product in foreign
 Providing modern skills labours
 Decrease Imported costly cotton.
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.
FUTURE PROSPECT
Gulistan group of companies’ future prospects as mentioned

earlier. Our
company is facing very tough competition from our

competitors particularly
china, India, Bangladesh. The competitive positive position of

our competitors
is better because of their lower cost of doing business on

account of various
incentives and subsidies available to them. Recently our our

government
provided some relief to textile manufactures of value added

product only in
shape of lower interest rates.
Vision Statement
We aim at transforming GGC into a complete textile unit to

further explore
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International market of very high value products. Our
emphasis would be on
product and market diversification value additional and cost

effectiveness. We
intend to fully equip the company to acquire pioneering role

in the economic
development of the country.
Mission Statement
The Company should secure and provide a rewarding return

on investment to
its shareholders and investor, quality product to its

customers, a secured and
environment friendly place of work to its employees and

present itself as a
reliable partner to all business associates.
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• Gulistan Group Of Companies are forth largest exporter
in Pakistan.
• Gulistan group of companies having largest machinery

which produce product.
• Gulistan Group Of Companies produce lower cost of

production and requirement of consumers.
• New coming project Gujranwala Electric Ltd (GEL).

Which will be produced 2500 MW. Which will reduce the
electricity cost in company.
• Gulistan Group Of Companies now marketing in

European countries like Germany, America, Canada etc.
• Gulistan Group Of Companies are advertising in

international magazines about their selves.
• GGC are using latest Toyota air Jet power looms which
is the latest technology in the textile industry.
• GGC giving competitive goal for achieving.
• It has panned to give insantive on completion of

venture hiegen factor and motivational factor
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• GGC now meet the requirement of consumers in term
of fashion anddesign.
• GGC emphasis on value added products.
• GGC has now improved technology to the

manufacturer in the textiles cities like ( Karachi –
Lahore – Faisalabad )
• Our Textile industries account for about 54.7% of our

total export.
• GGC has increased the employment opportunities.
TARGET MARKET
In local market, the target customers of GGC are
 Upper class and upper middle class of the society
 House wives for the ho-textile fabrics
 For garments they are focusing on youngsters and adults
IMPORTANT FEATURES OF PROMOTION
There are following important features of promotion

1) Quality
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2) User friendliness
3) Durability
PROMOTION STRATEGIES ADOPTED BY GGC
There are following tools of the GGC promotion.
 Advertisement and publicity

 Billboards
 Electronic media
 Sale promotion
 On line shopping
 Newspaper
 Magazines
 Banners
 Exhibition and international conference
 Fashion show
COMPETITORS
At international level there are number of suppliers from around the globe who
are exporting the fabrics to other countries with a high quality and at low price. If
we look at Asian countries then there names are mentioned below.
• Bangladesh
• China
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• Vietnam
• Pakistan
• India
• Iran
These countries are providing the fabric to European countries as well as USA
and African countries. Bangladesh is the only country who is providing best
quality of the fabric and selling it highest sale price which is $3.15 per meter. On
other hand, Pakistan is producing poor quality and selling their fabrics $0.92 in
USA which is the lowest price. The main reason of the poor quality is the lack of
investment whether they are foreigners or local. Investors are not interested to
invest their capital since Pakistan is facing great difficulties in both government
sectors and private sectors.
In local market there are number of units which are competing with each other.
There are 10 big giants of the local market of textile industry of Pakistan and
fortunately GTSM is one of them. The major competitors of GTSM are
• COLONY TEXTILE
• GULISTAN TEXTILE
• NISHAT TEXTILE
• SITARA TEXTILE
• KTM TEXTILE
• YUNIS TEXTILE
COLONY TEXTILE MILLS
1. Gross Profit Percentage: 5. Creditors Collection Period:
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GP * 100
365 * Av.Creditors
SALE
Creditor Sale
184534458 * 100 = 27 % 365

* 69711854 = 37
683295299
683295299
2. Net Profit Percentage:
NP * 100
SALE
51345052 * 100 = 7.51 %

683295299
3. Return On Capital Employed:
Profit After Tex * 100

Equity + Long Term Long
147731452 * 100 = 38 .0 %
384005095
4. Gearig Ratio:
Debt .
Debt +Equity
3713215 = 0.32
11451799
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GULISTAN TEXTILE MILL
GP * 100 365 *
Av.Creditors .
SALE
Creditor Sale
101,958,257 * 100 = 19 % 365 *

72744135 = 49
537087880
537087880
NP * 100
SALE
7,670,724 * 100 = 1.4 %

537087880
Profit After Tex * 100

4,485,857 * 100 = 1.0 %

425772258
4. Gearig Ratio:
Debt .
Debt +Equity
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208651998 = 0.44
468395806
NISHAT CHUNIAN LIMITED
1. Gross Profit Percentage: 5. Creditors Collection Period
GP * 100
365 * Av.Creditors
SALE
Creditor Sale
283893323 * 100 = 14 % 365 *

372,933,198 = 67
2,003,434,901
2,003,434,901
NP * 100
SALE
74159165 * 100 = 3.7 %

2003434901
Profit after Tax * 100

54,159,165 * 100 = 1.0 %

5360020077
4. Gearig Ratio:
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Debt .
Debt +Equity
1,283,153,657 = 0.31
4023511189
SITARA TEXTILE MILLS

GP * 100
365 * Av.Creditors
SALE
Creditor Sale
6514823 * 100 = 1.36 %

365 * 115361701 = 8
477504083
115361701
NP * 100
SALE
58953702 * 100 = 1.34 %

477504083
Profit after Tex * 100

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61405417* 100 = 3.00 %
267496990
4. Gearig Ratio:
Debt .
Debt +Equity
17488331 = 0.08
209656386
COMPANY RANKING AGAINST ITS COMPETITORS
COMPANY GROS NET ROCE GEARIG CREDIT

NAME S PROFI RATIO COLLECTION
PROFI T
T
1. COLONY TEXTILE MILLS 27 7.51 38.0 0.32 37
% % %
2. GULISTAN SPINNING MILL 19 1.4% 1.0% 0.44 49
Ltd %
3. NISHAT CHUNIAN 14% 3.7% 1.0% 0.31 67
LIMITED
4. SITARA TEXTILE MILLS 1.36 1.34 3.0% 0.08 08

% %
1. GROSS PROFIT RATIO
30%
25%
20%
Ratios 15%
10%
5%
0%
CTM GTSM NCL STM
COMPANY
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2. NET PROFIT RATIO
8.00%
6.00%
Ratios 4.00%
2.00%
0.00%
CTM GTSM NCL STM
COMPANY
3. RETURN ON CAPITAL EMPLOYED
40.00%
30.00%
Ratios 20.00%
10.00%
0.00%
CTM GTSM NCL STM
COMPANY
4. GEARING RATIO
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0.50%
0.40%
0.30%
Ratios
0.20%
0.10%
0.00%
CTM GTSM NCL STM
COMPANY
5. CREDIT COLLECTION
8000.00%
6000.00%
Ratios 4000.00%
2000.00%
0.00%
CTM GTSM NCL STM
COMPANY
MY FAVOURITE PERSONALTY
The person which I personally admire in my office is Mr:
Faisal Ahmed. I Like him, He has very vast knowledge in
Accounting. His personality is a mix of honesty and strength
faith in god. He is kind and a really good friend. Many people
admire people for their thinking and this is the second
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reason why I admire him. I admire him not only because of
his personality, and his thinking, but also because of his
lovely ways to communicate with others.
He is most admiring personality due to to his:
• Personality.
• Knowledge in accounting
• Way of communication.
• Way of dressing.
• Due to his polite nature.
Finally, if you admire somebody you naturally do so for one
or more reasons. In my life there is a man who changed my
personality, and I do respect and admire him. A unique
personality, an experienced thinker, and his treatment of
others, are the reasons why I admire him.
RECOMMENDED TO IMPROVE THE COMPANY

. FOLLOWING AREAS
• Financial / Cost management

• Employee relation & Development
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• Consumer relation & Marketing
• Product or Service
• Growth of sale & Responsibility
1. Financial / Cost management
These should be a well established system for correct

recording of account transaction. If possible the financial like
trial balance must be generated daily to analyze all
transaction carried out by account department.
2. EMPLOYEE RELATIONS & DEVELOPMENT
In my view point , respected should be given to senior staff.

There should be learning environment for new comers to
make it a successful organization and provide the packages
to employee like handsome salaries; relextibility should
apply the MASLOW’S HIERARCHY of needs theory for fulfill
the employee needs.
MASLOW’S HIERARCHY of needs theory
WALEED LAL BAKHSH

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41
• Physiological Needs
• Safety Needs
• Social Needs
• Esteem Needs
• Self-actualization Needs
3. CONSUMER RELATIONS & MARKETING
Company should have a pleasant personality, good

communication skills, convincing power and verbal ability in
local language in order to better guide and inspire
consumers.
Company should start the marketing in foreign countries like

USA, European countries, Asian countries and should be
marketing through:
• Advertisement & publicity

• Electronic media
• Sale promotion
• News papers
• Magazines
• Fashion show
WALEED LAL BAKHSH

LAHORE
42
4. PRODUCT OR SERVICES
The higher authorities of the companies should plan the

following ways:
• Improve quality of production

• Lower cost of production.
• Emphasis on value-added products.
• Increase resale value of product.
• Provide the best service
5. GROWTH OF SALES & PROFITABILITY
The bank should offer incentives to the company employee

on their best sales to increase the sales to increase the sale
and profits of the company. And should increase resale of
product.
Best packages should be offered to consumers for

improving the sale of the product and service.
WALEED LAL BAKHSH

LAHORE
43
WALEED LAL BAKHSH
LAHORE
44

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INTERNSHIP FINAL REPORT

GULISTAN GROUP OF COMPANIES PRIVATE

WALEED LAL BAKHSH

This Report is dedicated to

My Honorable Teachers without

My Honorable Teachers without

Whose Guidance this would

Not have been possible

WALEED LAL BAKHSH