Introduction to Business - Final project (Charity Drive)

In this project, we have to formed a group with 5 member to start up and run a business, with the purpose of donating the profits to a charitable cause. So, I have formed the group with Lee Yuan June, Kelvin Chiew, Muhammad Hafidz, and Naajid Nseem, and Lee Yuan June has been selected to become the leader of our group and Naajid Nseem will be the accountant of our business project. After we have formed a group of 5 member and knowing all the need, we started to discuss in group what product we wanted to sell during the charity drive and the sponsors. After the group discussion, we decided to sell phone cases, dolls and accessories for girls during the charity drive, and everyone have to find a sponsors for this project so that we can cover up the cost of the products we sell. So, Kelvin has found a supplier and sponsors for phone cases and I have found sponsors and supplier for phone cases, dolls and accessories. After we have done with everything, we started our business at the day we start our charity drive. After the charity drive event, our group have donated the money to SMJK Yu Hua Kajang. The reasons we choose this organization is because they needed fees for building their new library and library is an important source for every students. After all, we are coming out with a final report for our final project. In conclusion, I have learned how to manage a small business effectively and how to start a business. Also, I have improved my communication skills during the time I finding supplier and sponsors for the charity drive event.

Click Her to view my Final report

http://www.slideshare.net/EdwinYip/introduction-to-business-final-project-final-report

Introduction to Business - Project 1 (Business Proposal)

In this project, we are required to form a group in 3 member to work on this project. So, I have formed a group with Lee Yuan June and Kelvin Chiew. The tasks in this project is we have to start a business as a company and come out with a business proposal, during the submission date we have to present the business we start in the class. So, me and my group that have been formed to work on this project started thinking the business that we wanted to start. After a meeting, we decided to start a business with the company name ECO-mobile, who selling eco product such as eco phone case and other device that is related to mobile phone. Then, we start working on our proposal and the presentation slide. From this project, I have learned how to start a business in partnership and greatly improved my knowledge about business. Also, I have improved my presentation skill from the presentation that we need to present our business in front of my classmates.

Click Here to view my Business Proposal

http://www.slideshare.net/EdwinYip/introduction-to-business-project-1-business-proposal

Click Here to view my Presentation Slide

http://www.slideshare.net/EdwinYip/introduction-to-business-project-1-presentation-slide-22980928

Introduction to Business - Introduction

During my second semester in Taylor University Lakeside Campus, I have learned a lot of business skills through the subject Introduction to Business by the lecturer Mr. Chang Jau Ho. Also, I understand what is a business after studying this subject, and I have learned how to start a business in many ways and how to manage a business and the employees in our life. Besides that, I also understand the development of the marketing strategies through this subject.

In this subject, the subject include 6 lecture topics which is Topic 1-Introduction to Business, Topic 2- Starting a Small Business, Topic 3-Business Ethics and Social Responsibility, Topic 4-Managing a Business, Topic 5-Managing Employees and Topic 6-Developing Marketing Strategies. From the 6 chapters of the subject Introduction to Business, my favorite chapter might be the forth topic, which is Managing a Business. This topic is about how to manage a business, explaining the management process of a business, how to run a business and how to achieve our goal in business. The reason I like this topic is because it teach me how to achieve a goal and how to avoid failure in business. For an example, the subtopic which is the management process, it shows the management process of a business has 4 components which is Plan, Organize, Lead and Control. The components in the management process of a business is very important, because if we are fail to plan on something, then we are planning to fail. Besides that, I also learned the different types of organizational structure of a business, it help us to manage a business more easily and effectively. Moreover, I also learned how to lead a group of peoples to achieve our goal and how to control our own business.

After all, the least favorite topic in the subject is the first topic, Introduction to Business. This topic is about the explanation of a business such as the types of business, capitalism/free market, functions of a business, major forms of business and how the environmental factors affecting a business. The reason why this topic is least favorite for me is because the topic just explaining what is a business and the types of business, but anyway, I also improved my knowledge about business through this topic.

In conclusion, the most useful topic for me is the second topic, starting a small business. The reason I say this topic is useful is because it teach us how to start a business in our future. Without this topic, I have no idea how to start a business if I wanted to start a business in my future. Even though this topic is not my most favorite topic, but it is the most useful topic in this subject.