Business Development challenge

OverView1

This challenge is designed to give you special space to design and execute a

Sales plan. You will be given certain tangible products and some cash which

you will have to use to generate a target sales result.

This is a chance to challenge yourself and do things you may have never done

before.Taking part in this challenge, you have the chance to learn about:

- Communication, negotiation skill

- Teamwork and Interpersonal skills

- Critical thinking and questioning skills

CHALLENGE2

Apart from this, each team shall be given VND 100,000 in cash for freely use.

Challenge content

Product Price Number

Product A VND 10,000 6

Product B VND 15,000 18

Product C VND 38,000 6

Total capital VND 558,000

Each team shall be given 30 tangible products for actively use on the on-site day. The original price list of Products as below:(The number of each product may vary due to special unexpected condition but does not matter.)

CHALLENGE2

From 11th March to 13th March, each team shall make a sales plan with clear

strategies in order to win the highest REVENUE / profits from given capital,

including tangible products and VND 100,000 in cash. You have to finish a business plan and send to teams supervisor before 10 pm,

12th of March, 2015.

Your business plan has to be approved by your team supervisor, in case the team

supervisor does not approve your team business plan, you have to adjust and

send it back to your team supervisor before 10 pm, 13th of March, 2015.

After that, if team has any change to execute sales, you have to immediately

inform Team Supervisor.

Business Plan:

CHALLENGE2

Sales:

On-site day (your sales time) shall be held on 14th and 15th March, in which

each team shall choose 2 continuous hours to sell / do business to reach or even pass the minimum revenue goal of VND 1,600,000 in cash. [Setting

partnerships with external organizations / suppliers is highly recommended]

There are 3 slots of selling your products:

Slot 1: 6.00 8.00 pm, 14th of March, 2015

Slot 2: 4.00 6.00 pm, 15th of March, 2015

Slot 3: 6.30 8.30 pm, 15th of March, 2015

The slot should be confirmed no later than 12 p.m (at noon), 12th of March,

2015. First come first served.

CHALLENGE2

Where to go sales:

2 suggested places for sales are: 30/4 Park and Turtle Lake

If you are going to make sales in different places, please inform us by the time

mentioned above.

After the challenge, all teams shall return the total received capital (VND

658,000) to AIESEC and it must be in cash only. The profits gained by your

team shall be used at your discretion.

No tangible product given should be returned to AIESEC.

Measure of success: at least VND 1,600,000 in cash, good plan.

CHALLENGE2

This is a business project to challenge your capacity. It is not allowed to use AIESEC

Brand for during the whole challenge.

Please submit to your supervisor, cc Ms. Tuan Ngoc (ngoc.nguyentuan@aiesec.net),

Mr. Vinh Pham (phamphu.vinh@aiesec.net) and Ms. Minh Hoai

(minhhoai.dang@aiesec.net) before 10.00 PM, 15.03.2015 the following materials:

i. Team report You have to complete Team Report and send it to your Team Supervisor before

10.00 pm, 15th of March for teams of slot 1 and 2, and before 11.59 pm, 15th of

March for teams of slot 3.

If you miss the deadline, your team will get Minus Mark on score of each team

member

ii. Personal report Each team member has to complete your own Individual Report before

10.00 pm, 15th of March for teams of slot 1 and 2, and before 11.59 pm, 15th of

March for teams of slot 3.

Email subject:

[TMP][Group Work] YourJob YourGroupsCode Team/Personal Report

CHALLENGE2

In the presentation day, your group will have 10 minutes to present your

group work over the previous 5 days and the final result.

There are no obligation in the way you show us your result.

Every member of the group will have to participate in your group

presentation.

Slot and venue for Presentation day & Assessment center will be confirmed

later.

ADVISORS CONTACT3

For any question or concern during the Group work,

please contact your teams supervisor through his/her

email or mobile phone number (urgency preferred)