charity drive report

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CHARITY DRIVE EVENT Mr Bean Charity Drive Stall Introduction to Business (BUSFO1O3) Charity Drive Report Group members: Student ID: Kimberley Ee Sze Ann 0315319 Chia Sue Yi 0315334 Edwin Ho Khai Vun 0314846 Chan Zhuang Sheng 0314527 Goh Jeng Jhieh 0315080

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Page 1: Charity drive report

CHARITY DRIVE EVENT Mr Bean Charity Drive Stall

Introduction to Business (BUSFO1O3) Charity Drive Report

Group members: Student ID:

Kimberley Ee Sze Ann 0315319

Chia Sue Yi 0315334

Edwin Ho Khai Vun 0314846

Chan Zhuang Sheng 0314527

Goh Jeng Jhieh 0315080

Page 2: Charity drive report

Contents

Executive Summary ........................................................................................................................ 3

Objectives ....................................................................................................................................... 4

Target Market.................................................................................................................................. 5

Competition Analysis...................................................................................................................... 6

Products and Packaging .................................................................................................................. 9

Pricing ........................................................................................................................................... 14

Promotion ...................................................................................................................................... 15

Computer generated posters .......................................................................................................... 15

Sponsors ........................................................................................................................................ 18

Distribution ................................................................................................................................... 20

Green Measures ............................................................................................................................ 21

Human Resources Planning .......................................................................................................... 22

Evaluation of Results .................................................................................................................... 24

Appendix ....................................................................................................................................... 26

Page 3: Charity drive report

Executive Summary

Mr. Bean is a nonprofit charity drive stall, started by a group of five students in order to raise

funds for a charity organization. The business was run over a period of 5 days during a charity

drive event at Taylor’s University Lakeside Campus. This charity drive event is the final project

of the subject of Introduction to Business, Foundation in Natural and Built Environment. All the

profits earned from our stall were to be donated to a chosen charity organization, Malaysian

Dogs Deserve Better (MDDB).

Mr. Bean sells a varied assortment of products such as soya milk, grapes, cakes, snacks and even

jewelry. However, the theme and main attraction of Mr. Bean is the soya milk and many food

items are sold in a set with the soya milk. Mr. Bean is owned and managed by 5 students. These

students are Kimberley Ee, the group leader; Johnson Chan, the accountant; Chia Sue Yi, the

product manager and Edwin Ho and Goh Jeng Jhieh, the marketing executives. The capital of the

business is sponsored by a list of corporate sponsors and some individuals that are vital to its

success. They are. The total amount of money raised through sponsorship is RM 1000.

Mr Bean is located at Taylor’s University Lakeside Campus. Taylor’s University Lakeside

Campus is known as Malaysia’s State-of-the-Art Modern-Tropical University Campus. There is

a man-made lake at the campus, as well as a beautiful surrounding landscape that creates a

stimulating natural environment. The population at Taylor’s University Lakeside campus include

the lecturers, staff and students which are all potential customers of Mr Bean. A total profit of

RM2000 was generated by Mr, Bean during its five day period of operation. This entire profit

was donated to Malaysian Dogs Deserve Better (MDDB).

Page 4: Charity drive report

Objectives

To empower the public by giving them an opportunity to lend a hand through their

donations to MDDB.

To raise public awareness on the suffering and ill-treatment of Malaysian stray dogs.

To raise a minimum profit of RM2000 during the entire charity drive event.

Page 5: Charity drive report

Target Market

1. Students of Taylor’s University Lakeside Campus

Gender: male and female

Age: 16-25

Average spending power based on allowance allocated by parents

2. Lecturers of Taylor’s University Lakeside Campus

Gender: Male and Female

Age: 20-60

High spending power due to stable income

3. Staff of Taylor’s University Lakeside Campus

Gender: Male and Female

Age: 20-60

High spending power due to stable income

4. Visitors of Taylor’s University Lakeside Campus

Gender: Male and Female

Age: Any

Spending power depends on age and job occupation

Page 6: Charity drive report

Competition Analysis

The main competitors of Mr Bean are both Norwegian Café and Seven Eleven. Both these

businesses are well established at Taylor’s University Lakeside Campus as they have been

operating there for several years now. This means that both these businesses have already gained

the trust of their customers and can count on customer loyalty.

Both Norwegian Café sell similar products as our stall. In this case our main advantage is that we

have an additional product (jewelry) that can help us to attract customers. Furthermore, our stall

also offers lower prices.

Below is the analysis of our two main competitors:

1. The Norwegian Sandwich Co.

Location: Block D, Level 1

Similar product(s): Soya Milk

Page 7: Charity drive report

2. Seven Eleven

Location: Syopz Mall

Similair product(s): Soya Milk, Cakes, Snacks

Product name: Vsoy

Price of product: RM 2.40 per unit

Page 8: Charity drive report

Product name: Apollo Cake

Price of product: RM 0.70 per unit

Product name: Home Soy

Price of product: RM 1.90 per unit

Product name: Soy Talk

Price of product: RM 1.80 per unit

Product name: Soy Master

Price of product: RM 1.70 per unit

Page 9: Charity drive report

Products and Packaging

1) Soya Milk

Description

The soya milk that we sold at our stall is homemade traditional style soya milk. The

ingredients of the soya milk include fresh soya beans and sugar. The fresh homemade

Features and Benefits

The fresh homemade taste of our soya milk makes this product more attractive to

customers. Customers are able to experience the fresh homemade taste of traditionally

prepared soya milk when they purchase this product.

Packaging

The soya milk is packaged in plastic cups and straws are provided to customers. This type

of packaging allows customers to enjoy there drink while on the go.

Page 10: Charity drive report

2) Grapes

Description

The grapes sold at our stall are fresh, sweet and seedless. The grapes are chilled and

washed before being sold.

Features and Benefits

Grapes provide a healthy nutritious snack to customers. No other business at Taylor’s

University Lakeside Campus provides fresh fruits.

Packaging

Our grapes were packaged in transparent plastic cups such that they would be easy to

identify and thus appear more attractive to customers. We also provided satay stick so

that customers could eat while on the go.

Page 11: Charity drive report

3) Cakes

Description

The cakes sold at our stall were purchased from a local bakery. We sold many flavours

such as honey roll, dark chocolate, pandan, green tea, cheese and chocolate vanilla.

Features and Benefits

The cakes are bought fresh each morning before sale. Customers are provided with

delicious fresh cakes without having to travel on their own to a bakery.

Packaging

The cakes are individually packaged in plastic wrappers. This type of packaging is

hygienic and also provides convenience.

Page 12: Charity drive report

4) Chips

Description

The chips sold at our stall where Twisties. These chips were sold separately and also in a

set with the soya milk.

Features and Benefits

Customers can enjoy having soya milk as well as a packet of snack when they purchase

our affordably priced set.

Packaging

The snacks that we purchased were already packaged by the factory and machine sealed.

Therefore, we only had to ask customers if they required a plastic bag for their purchase.

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5) Jewelry

Description

The types of jewelry sold at our stall were necklaces, bracelets and earrings. These

jewelries are all hand crafted.

Features and Benefits

Female customers have a wide range of beautiful jewelry to choose from while male

customers can choose to buy jewelry as a gift for their girlfriends as our sale was

conducted during the week of Valentine’s.

Packaging

All jewelry was left unpackaged at our stall such that they would be displayed more

attractively to customers. Upon purchase, customers were asked if they needed a plastic

bag.

Page 14: Charity drive report

Pricing

Product’s Selling Price

Soya Milk – RM 3.00 for 1 unit

Grapes – RM 5.00 for 1 unit

Cakes – RM 5.00 for 1 unit

Chips– RM 2.00 for 1 unit

Earrings - RM 5.00 for 1 pair

Bracelet – RM 10.00 for 1 unit

Necklace – RM 5.00 for 1 unit

Products’ Cost Price

Soya Milk – RM 1.50 for 1 unit

Grapes – RM 3.00 for 1 unit

Cakes – RM 2.00 for 1 unit

Chips – RM 1.50 for 1 unit

Earrings – RM 2.00 for 1 pair

Bracelet – RM 3.00 for 1 unit

Necklace – RM 3.00 for 1 unit

Strategies

Sell food items as a set: Soya Milk + Snacks – RM 5.00 for 1 set

Earrings offer price: RM 10.00 for 3 pairs

We also walked around campus to sell our product when sales were not going well.

Page 15: Charity drive report

Promotion

We created a Facebook page and also many posters to attract customers to our stall. Our main

marketing message is “Buy soya milk, save one life!” as our main product is soya milk and our

cause is to support MDDB, an animal shelter.

Facebook Page

Our Facebook page was used as an early promotion strategy such that potential customers would

be aware that of our stall.

Computer generated posters

We used computer generated posters as the graphics are very attractive and it is also easy to print

as many copies as we require.

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Sponsors

A few sponsors that agreed to contribute to our charity drive were:

Individuals:

1. Chia Yong Wong

2. Chia Meng Cheng

3. Goh Hup Leong

4. Chan Peng Fong

5. Ee Kim Chin

Cooperate Entities:

1. Poh Sin Frozen Foods

2. Red Cat Wallpaper

3. Twins Tech Construction

Reason these individuals and cooperate entities as sponsors:

They are financially generous

We know them personally

They are sympathetic toward our cause

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In this charity drive, we managed to get RM330.00 from the following individuals and

companies.

Cash

1. Chia Yong Wong-RM 20

2. Chia Meng Cheng-RM20

3. Goh Hup Leong-RM 20

4. Chan Peng Fong-RM 20

5. Ee Kim Chin-RM 20

6. Poh Sin Frozen Foods-RM100

7. Red Cat Wallpaper-RM50

8. Twins Tech Construction-RM100

Page 20: Charity drive report

Distribution

Our products for the charity drive were collected from our suppliers early each morning and

brought to Taylor’s University Lakeside Campus by car (vehicles owned by group members).

The products were then carried to our stall and set up to be sold. The products are not renewed

throughout the day as the number of products expected to be sold are estimated through

calculation for each day. The numbers of products sold each day are also manipulated by the

amount of profit generated after each sale; the target must be reached each day.

All our products were set up before we started selling such that customers did not have to wait

for our products. Furthermore, we also walked around campus while carrying our products on

trays to make it more convenient for customers to purchase our products.

Page 21: Charity drive report

Green Measures

No Littering

To prevent littering we ensured that bins were placed near our stall such that waste would be

immediately disposed of and not allowed to litter the ground.

Recycle

We had a few of our own bins set up beside our stall and we separated paper and plastic waste

such that we would be able to send it for recycling later.

Ask and You Shall Receive

In order to prevent wastage of plastic bags customers were not given plastic bags immediately

after their purchase but asked if they needed one first.

Page 22: Charity drive report

Human Resources Planning

Human Resource planning serves as a link between human resources management and the

overall strategic plan of an organization. We used human resources planning as a process to

identify the human resources required for us to achieve our goals.

We discussed financial plans to ensure that we could achieve the goal of earning a profit of

RM2000 within 5 days. Although we were only a small stall with only 5 staff, we developed a

strategic plan to guide decisions. Our strategic Human Resources planning allowed us have a

view from a budgetary point so that we were able to factor the costs of products into our

operating budget.

Organizational Structure for “Mr Bean”

Group Leader

(Kimberley Ee Sze Ann)

Finance

Accountant

(Johnson Chan)

Product Manager

(Chia Sue Yi)

Sales Executive

Promotion and Marketing

(Edwin Ho Khai Vun)

Receptionist

(Goh Jeng Jhieh)

Page 23: Charity drive report

Kimberley Ee Sze Ann as our group leader was responsible for the planning, management, co-

ordination and financial control of a Mr Bean. Johnson Chan, our accountant was in charge of

managing and supervising daily operation of accounts payable, accounts receivable, cash

receipts, and assists in the preparation of the financial report. Chia Sue Yi, our product manager

was in charge of the purchase and inventory of our product stock. Furthermore, Edwin Ho Khai

Vun who was in charge of promotion and marketing prepared our promotional posters and

headed discussions on promotional strategies. Goh Jeng, our receptionist was in charge of

promoting products and services to customers at our stall and advertised our campaign for

MDDB to customers. Altogether, we were able to succeed in our goals by working effectively as

a team due to our strategic human resources planning that allowed us to cooperate well with all

our group members.

Page 24: Charity drive report

Evaluation of Results

The goals we set out to achieve in our business charity drive project were to gather support from

sponsors, locate appropriate suppliers, achieve a profit of RM2, 000 and donate our capital, sales

revenue and collected donations successfully to Malaysian Dogs Deserve Better (MDDB).

Each of our group members was assigned to their respective tasks by our group leader.

Firstly, we approached a few companies and people and request their sponsorship. After a few

attempts, we successfully gathered RM 330. Also, we each contributed RM 200 as capital to

purchase our stock.

It was quite difficult to find suppliers who were willing to supply us with their goods at cheaper

prices. So, we often had to make adjustments in deciding what products to sell. However, in the

end we have managed to locate our suppliers and our business was able to run smoothly.

With the cooperation of every group member, we have managed to effectively run our business

from 8am to 5pm every day. We took shifts to run our business as we had to take turns to attend

classes. The system we used was very efficient and we that it did not adversely affect our

business or our classes.

In conclusion, we feel that our business was run very effectively during its five day duration. We

managed to achieve our target profit of RM 2000 and we also fell that we managed to raise

awareness for MDDB, our chosen charity organization. We also fell very happy that we were

Page 25: Charity drive report

able to donate our entire profit to MDDB as we fell that our contribution will go a long way in

supporting them.

As for what we did wrong, we feel that each member put in his/her best effort in our charity

drive and we are happy with our outcome. However, there were times when we received

negative feedback from customers who would either ignore us or even insult our products. This

really disheartened us and there were times when our low moral affected our sales. Nevertheless,

we have learnt a very important lesson and that is, people will say what they want to say and we

must never allow it to affect us. So, if asked what we would do differently, we would definitely

ignore the negative criticism received and instead have confidence in ourselves and our cause.

Grapes Soya Milk Chips Cakes Women's Accessories Total

RM RM RM RM RM RM

Sales 950 864 86 400 370 2670

(Less) Purchasses (350) (225) (25) (200) (200) (1000)

Profit from Sales 600 639 61 200 170 1670

Add: Other Income

-Donation 330

Total Income Received 2000

Total Income/Amount Donated MDDB (2000)

Balance NIL

Note: Capital contribution in the form of cash received used for purchases are as follows:

From:-

i) Kimberley Ee Sze Ann RM 200.00

ii) Chia Sue YI RM 200.00

iii) Edwin Ho Khai Vun RM 200.00

iv) Johnson Chan RM 200.00

v) Goh Jeng Jhieh RM 200.00

STATEMENT OF ACCOUNTS

Profit and Loss Accounts

Page 26: Charity drive report

Appendix

Offical Receipt Number Amount(RM) Total(RM)

GRAPES 4011875 70.00

4011823 70.00

4011837 70.00

0112 70.00

0117 70.00 350.00

SOYA MILK 6578 45.00

6580 45.00

6586 45.00

6594 45.00

6599 45.00 225.00

CHIPS 5601 25.00 25.00

CAKES 7063522 100.00

7063523 50.00

7063524 50.00 200.00

WOMEN'S ACCESSORIES 5601 100.00

5604 100.00 200.00

TOTAL PURCHASES 1000.00

Summary of Purchases

Page 27: Charity drive report

Below are some pictures of the receipts obtained from our purchases of products to be sold:

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Posters used at our stall

Picture of our stall

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Group picture in front of our stall

A customer enjoying our soya milk

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A customer enjoying our grapes

Hand written notices to advertise the flavors of our cakes

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Group picture with MDDB volunteer

Group picture with MDDB volunteer

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Picture taken with puppies at MDDB

Posters at MDDB

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Picture of Captain Maru a MDDB dog

Picture of Ronaldo a MDDB dog

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Official receipt of donation to MDDB