Freezing Point / Laarsan A. Aribal, Caryl S. Rizon, and Ray Mark B. Roberto.
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Cavite State University-Learning Resource Center | Thesis/Manuscript/Dissertation | TH | UM HD 62.7 A75 2011 (Browse shelf) | 1 | Available | T0000578 |
An enterprise Development Project (BSBM)--Cavite State University-CCAT Campus, 2011.
Includes bibliographical references and appendices.
ARIBAL, LAARSAN A.; RIZON, CARYL S.; ROBERTO, RAY MARK B. Freezing Point. Enterprise Development Project. Bachelor of Science in Business Management. Cavite State University - Rosario, Rosario, Cavite. Adviser: Ms. Elizabeth A. Rodriguez.
An Enterprise Development Project named "Freezing Point" was conducted from December 6, 2010 to February 24, 2011 in Landmass Park, Biga, Tanza, Cavite. This business was engaged in producing and selling flavored ice drinks with the use of a Slush machine. The project was an application of management and marketing skills of the proponents to actual business conduct. Each of the proponents shared Php2, 500.00 to have an initial capital of Php7, 500.00
The procedures in producing Freezing Point include activities such as preparation of raw materials, mixing, filtration and freezing. Duties and responsibilities were done on a weekly rotation basis to assure that each member will be familiar to all functions. The finished products have the selling price of Php15.00 for a 12 oz. cup and Php10.00 for an
8 oz. cup.
In the entire business operation, the total gross sales amounted to Php31, 225.00. It earned a net income amounting to Php11, 313.50 and an ending cash balance of Php17, 562.00. As with this figures, the project was a success and was found to be profitable.
The proponents also encountered problems during its operation. One of which was having little knowledge in operating the slush machine. Another problem was shortage in raw materials and ingredients.
The project provided the entrepreneurs to gain insights and experiences. They learned that business is a not about satisfying their needs but ultimately the needs of customers. Creativity and innovation were the key factors in success. Motivating and encouraging each other helped them feel better after tiring activities. A good working relationship helped them to agree on certain problems that resulted to improvement of the project.
The entrepreneurs planned to continue this business in the future. The first step to purchase their own slush machine. They also considered adding more flavors, new products like soft ice cream, fruit salad, ice scramble and pinoy shake. Part of the plans are to own a store and after if succeeds in the market eventually open the business for franchising.
In English text.
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