INR 500 business game

Post on 21-May-2015

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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

MISSION 500( ….A Boys’ Day Out)

Navdeep DahiyaBhumil RastogiAjay K RainaAman ChauhanAnkit Yadav

BUSINESS CONCEPT

Zero Investment Capital.

Look Close by.

Identify demand first.

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.

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.

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%

LEARNING & CHALLENGES

Not easy.

Incentive.

Quality Issues.

Competition.

Innovative.

SCOPE FOR IMPROVEMENT

Direct purchase.

Long term.

Customer base.