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INTRODUCTION TO BUSINESS (BUS 1013) SESSION JAN JULY 2012

NAME

: Hanif B. Abdul Shukor Ahmad Qusyairi Razi B. Suhailal Khairul Izwan B. Abd. Ghani Syed Mohsein Al-Yahya Abdullah Hasan B. Mat Daud

MDB12-01-032 MDB12-01-036 MDB12-01-018 MDB12-01-030 MDB12-01-020

LECTURER NAME: Madam Suriani Bte. Saiaa

NO 1 2 3 4 5 ACKNOWLEDGEMENT

CONTENT

PAGE 3 4 5 6 8

OBJECTIVES OF ASSIGNMENT BACKGROUND OF CHOSEN BUSINESS (BUSINESS BACKGROUND) FINDINGS FROM INTERVIEW CONCLUSION

APPENDIX

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irst of all, we would like to thanks a terrific support lecturer that allows us to do what we do with enjoyment and ease; Madam Suriani Bte Saiaa, who polish each data and information, Ahmad Qusyairi Razi Bin Suhailal, expert editor and

copy editor, Hanif Bin Abdul Shukor, researcher, whose findings information, Syed Mohsein , expert in spoken and interview people, Abdullah Hassan, editor, whose attention detail. Next, wed like to thanks the dedicated leadership team that guided this project; Khairul Izwan. Our appreciation also goes to Kak Manisah, who workers of cafeteria and willing to interview with our group. Finally, we would like to thanks our classmates, who give support our group and give some good opinion that can use in assignment that we doing. Their insights and support are a continual source of inspiration. Thank you.

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How to communicate with people How to start a business To get an experience startup the business

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BUSINESS NAME BUSINESS ADDRESS

: IZAN MEGA ENTERPRISE : - NO.34 JALAN TBC 22,TAMAN BUKIT CHENG 75250 MELAKA - CAFETERIA KPM AYER MOLEK

NO.REGISTRATION BUSINESS TYPE OF BUSINESS

: MA0123422-U : PARTNERSHIP

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he owner choose partnership because her relation with her partner are her husband. It easily works together. If she runs the business with their own, she can get enough capital. Moreover, now someone that want start the business

must have big capital to support their business. The owner use the factors of production and the sources of acquiring that are : LABOUR The owner has only 3 permanent workers. There are from her sibling, friends and her same village. CAPITAL The owner start up the business with RM 15,000. All her capital is from her and her partner savings. ENTREPRENEURS The owner get the certain skills and competencies like technical skills, conceptual skills, humans relation skills, decision making skills and also time management skills from her experience. Before her start up the business, her work with friends at restaurant, canteen, night market. This is how her get their experience and skills. PHYSICAL RESOURCES The owner get the physical resources by used her capital to buy the equipment that are used to run the business. INFORMATION RESOURCES The owner get the information about recipe is at website, her friends, heritage recipe.
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DOMESTIC BUSINESS ENVIRONMENT -Refer to the environment in which a firm conducts its operations and derives its

revenues.
-Seeks to be close to their customer.

E.g.- Workers of Izan Mega always greet its customer and always keep affordable price with their customer.

-Establish strong relationships with their suppliers.

E.g.- Owner of Izan Mega always bought their ingredient for making dishes at the same suppliers and that supplier always give discount if its purchase that ingredient.

-Distinguish themselves from their competitors.

E.g. - Izan Mega always compare their price with another next door competitor, to get affordable price for their customer.

ECONOMIC ENVIROMENT -Refer to relevant conditions that exist in the economic system in which a company operates. E.g. Izan Mega given their workers wages basic salary for 1 week only 80.00 and only 1 day Off.

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rom this assignment what we can conclude is not ease to start a business. We must have enough capital to run business and have a skill how to conduct a business. We can get capital from our saving money or

borrow loan from any bank who offer loan to start and open business. Business also conclude 5 Factor of Production that must focus on it because it important to start the business. The factors of production are labour, capital, entrepreneurs, physical resources and information resources. Example business that make ease profit is open cafeteria, from our interview the owner can make and get net profit about RM 2,000.That is large amount of money in a small business. Lastly, business is best to joint and if we enough knowledge and skill we can stay long in a cycle of business. Quality of product it we sale or introduce to consumer make many customer to bought and they also can to be our permanent consumer. So dont be afraid to open business because business is fun and fully with benefit.

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