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Thursday, September 24, 2020

Business & Enterprise

 Kia Ora readers 
Last week we were doing business & Enterprise and here are my teammates Lhysette the CEO, Cate production manager,Jhrnylle the Marketing manager and I'm the finance manager and yesterday we were allowed to sell our products to the teachers, student and visitors.

Why do we need four people on a group?
We need four people on a group because you have to have a finance manager,CEO,Marketing manager and  production manager,but what do they do? The finance manager has write all of the things that we need to make the product and also the finance manager also had to add all of the cost and profit of the group. The CEO makes sure that all of the people of the group was doing the right thing.Marketing manager does the poster of the group and encourages the people to buy our stuff. Production manager is to make sure we have everything we needed. 

What did I like?
My favourite part of the business & Enterprise was when we made our products because we get to decorate our products make slime scrunchies and bracelet's.  

What would I like to change next time.
I would like to have more time on making the products because there was a lot of groups that was rushing when they were making the products and that's why I would like to have  more time of making the products. 
How much did is cost to make our product?How much did we borrow?
The total of cost our stuff that we need was 18 dollars because we bought three wool string which causes 3 dollars each and glitters which causes 4 and a hair tie for the scrunchies which it cause 5 and when we add that all together that will be 18 dollars and we borrowed $18 dollars on the stuff that we need to buy for our product.

How much money did we make on the market day?
On the market day when we sold all of our stuff and got the total of 37.50 dollars.

What was our total profit?
Our total profit was 22 dollars because we have to subtract the money that we borrowed on the school so that is why we have the total of 22 dollars profit.

Was this what we expected?why/why not?
Were expecting that we were gonna have 40 dollars because we made 6 slime and each of the slime's were 2 dollars each and so as the scrunchies but we made 8 bracelets and 2 dollars each and if I added all of that that will be 40 dollars.


 








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