Selling Event

A) In preparation for the selling event. My role was in operations I was in charge of stock development and product development; I was also in charge of balancing production, and demand while maintaining flexibility to cope with surges. I was also in charge of purchasing raw materials, maintaining equipment and stock levels.

I also had to research various products and prices to see what we would sell. I then had to show the rest of the company what I had researched. We as a company decided what products and the prices we would sell them for.

Operations is a very important part of the business as if there were no products being purchased or no research for the products the company would not be as successful, and perhaps would not even exist.

There were 3 members of operations, myself, Hayaat and Amina we were all given various tasks, and duties which we had to complete. I had to research how much Christmas ornaments and various mixed packets of sweets were. In order for our company to benefit we had to minimise the expenditure and so I had to find the products for the cheapest prices. After I had spent a few hours comparing prices I came to a conclusion and purchased 5 Christmas ornaments for Ј5, each priced at Ј1, and brought 5 variety packets of sweet's for Ј5, each bag contained 1kg of sweets and was priced at Ј1

B) I feel our company was fairly weak, we all had very different views and ideas for the company which often led to confrontation between different members of the groups some more then others. I feel most of the members of our company made an obvious attempt to make the business a success

There were various job roles and they each had various skills they required and various duties to be carried out.

The Managing directors were in charge of all the other members of the company. I feel Hiten and Hebert were very good managing directors; they enforced the rules and regulations and were always, prepared for any problems which had arisen, there motivated all the other members of the company and made sure everyone was happy with what they were doing, and dealt with various problems that other members of the company had.

The finance area of the business, Cassandra was in charge of all the matters which involved money. The company as a whole decided that everyone would put a Ј5 investment in which we would use as the registration fee. I also found that there were various issues within finance and it didn't run as smoothly as some of the other areas had. A few members of our company didn't turn up to meetings on a regular basis and so were unaware of various decisions which had taken place and various incidents and changes we had incurred, they also haven't made the Ј5 investment which means they were not fully involved in the company.

The marketing and sales area was in charge of the promotional techniques and advertising which would make the public more aware about our selling event. I feel this area of the business was also fairly weak, as there were members whom didn't turn up on a regular basis, and so some tasks were left uncompleted and others completed poorly. There were the few members of marketing who put so much effort in and it did pay off.

The human resources area of the business was in charge of completing timetables for when and who would be on the stall at what time, they also researched who needed what training and what skills various people had in order to find the stronger members of each area. I feel this job role wasn't as important as I had initially thought. I feel as there wasn't much to this area of the business