Assignment I_1
Chandni Devani chandnidevani@ymail.com
Business Person 1- MILKMAN
Name : Surendra Bhoir
Age : 30
Education : B.com
Address : Kharodi naka, bolinj, Virar (w)
Business Person 2 - CARPENTER
Name : Nisar Ahmed Khan
Age : 36
Education : 8 th std
Address : Kharodi naka, Sopara road, bolinj, Virar (w)

Assignment I1_Chandni Devani
Part A: Business -MILKMAN
1.
Products
Past : Milk
Present: Milk
Future : Milk & Farming
2.
Depanding upon the concept of Good Quality = More Price
Past :
20 Rs. Per Liter
Present:
28 Rs. Per liter
30 Rs. Per liter
Future : As per the market
3.
Past : 6 Families
Present : Direct – 4 Families
Distributer – Surplus Milk
Milk
Direct to
Families
Home use
Distributer
4.
Past , Present & Future :
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Ample Space for Cows to graze,
Cow shed, well for drawing water
& family home nearby.
5.
Past : Through Relatives, friends & Family
Present: Family, Friends & Distributer.
Future : Distributer ( if gets more benefits)
Part B:
1. Present:
Per day revenue : Rs. 292 and monthly Rs.8760
Monthly Net profit: Rs.3360
2. No loss and By taking care of the Cows, checkup through Vet after every 2 months.
3. Total 2 cows – Yearly expense for both Rs.16992
Past : Family.
Present :Through his salary as an accountant (part time basis) an through rotational farming.
Future :Same means.
4. Buys Food for entire year in advance for both cows.
Past : dry grass, dal residue and green grass bought in advance.
Present : Dry Grass – 1 ton rs.8000
Moong & tur dal Residue – 500 Rs. Per month.
Green grass – available in field mostly all season.
Future : Same As above except the cost factor.
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Assignment I1_Chandni Devani
5.
Time Table.
 5.30am – milking the cow
 6.00 am – 250gm of grass fed.
 7.00am – Dal & food given.
 10.00am – water given to cow for drinking.
 From 10.30 to 4.00 cow goes in field grazes and rests.
 Milkman goes to do his part time job as an accountant in vasai, at the company “Value”.
 5.30Pm – milkman returns to milk the cow.
 6.00 pm – Dal food given to cow.
 7.00 pm – dry grass given to cow.
 Thereafter night cows are in cowshed.
 Cows are given Bath every 15 Days in rainy season and every 3 days in summer season.
Part C:
1.
Forefather Started the Business & henceforth family will continue.
2.
Milk provides Calcium to children and adults.
3.
Milk is necessary for overall development of human beings. So he does a good job of being the one who provides milk through his business.
4.
Past, Present & Future :
Good quality milk
Available at reasonable cost.
Nearby to residents.
5.
Past :Customers – Living nearby
Present: customers living nearby& Distributer.
Future : Only Distributers.
Part D:
1.Past : family, neighbors.
Present : Customers, Distributer.
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Future: Distributers.
2. Past : None
Present : Milk companies like amul, Krishna dairy, gokul, etc.
Future : Milk companies.
3. Past : only few.
Present : Amul, Krishna dairy, Mother Dairy, gokul, Arey, mahnand.
Future : Britannia, Amul, Krishna dairy, Mother Dairy, gokul,etc.
4.Past : none
Present : Milk companies.
Future : Milk powder powder.
5.Depends upon People what they wish to consume.
Part E:
1.
Yes, True and sometimes cost plays a major factor for deciding the use of product.
2.
Regular customer adds value to business, But now Distributer also plays a major role, to increase the sale.
3.
Swot Analysis
POSITIVE/ HELPFUL
Strengths
Cow are giving good milk, and
2infants are born, distribution network is good this can help in increasing sale.
Opportunities
Can buy more cows to obtain more milk. This will expand the business.
NEGATIVE/ HARMFUL
Weaknesses
Only limited quantity is obtained, should try to get more milk through more cows.
Threats
External factors like companies providing can milk, packet milk can decrease the sale, so Quality should be maintained to retain customers.
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Assignment I1_Chandni Devani
4.
Expanding the Business will help make more revenue. All resources are available such as food, water, money and land to increase the no. of cows & production of milk.
Part A:
1. Products:
Past :
 Sofa set
 Beds
 Showcase.
Present:
 Wardrobe,
 Double & single Beds,
 Dressing Table, Computer trolley,
 Study Table.
Future: Interior Decoration of whole house, company,etc.
2.
Past & Present:
Products Past
Double & single
Beds
7k
Present
12k onwards
10k onwards
2500
2500 onwards
3000 onwards
5000 onwards
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Future : Depend upon Market Price.
3.
Suppliers
 Patel Timbers
 Chandan Plywood
4.
 Low Cost of Land
 Less distance from Supplier
 Availability of Cheap labour.
5.
Past : Direct
Present : Through Suppliers, Labourers, Relatives.
Future : Distributer
Part B:
1.
Per Day Revenue : Not Fixed
Monthly Net Profit: 10k
2.
Past : less no. of labors
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Present:
 Optimum utilization of plywood.
 Less no. of labors
 Direct consumer contact
Future: Depends upon market conditions.
3.
Past: Loan from Relatives at times of emergency.
Present:
 Loans from Relatives
 Advance from customers
 Supplier helps in times of urgency.
Future: Same as above.
Assignment I1_Chandni Devani
4.
Past : Monthly basis.
Present : On monthly Basis buys Rs.50k Plywood from Suppliers.
Future : Same Monthly or Quarterly cycle.
5.
Time Table
 10.00 am – Reaching manufacturing unit.
 10.30 am – Distributing work to 7 labourers.
 Till 8 p.m. making furniture.
 In between lunch break is taken.
Part C:
1.
Family Business, Being Trained from childhood to make furniture, helps in making Decisions properly.
2.
Past – necessity
Present - It provides luxury to people.
Future – Luxury & Comfort to people.
3.
Necessary for day to day living.
4.
Past, present & Future : Good quality plywood will have longer durability and help to retain customer for life.
5.
Past : Direct families
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Present : Families, Distributor.
Future : Multinational companies.
Part D:
1.
Suppliers
 Patel Timbers
 Chandan Plywood
2.
Past : none
Present : Readymade furniture in malls.
Future : malls & much more.
3.
Past :None
Present :
 Furniture concepts
 woodland furniture
 Delight Decors
Future: many to come.
4.
Past : none
Present: Ready made products & services.
Future: Foldable Furniture.
5.
Past : None
Present: Retain customers by providing free small repairs and other services.
Future: new Technology up gradation.
Part E:
1. True and even Durability and services play a good role in retaining n expanding business.
2. Significant, because they buy more products and motivate their friends 7 relatives to buy the same.
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3. Swot analysis.
POSITIVE/ HELPFUL
Strengths
Good consumer retaining abilities
Play a good role in Expanding business.
NEGATIVE/ HARMFUL
Weaknesses
Technology is outdated; more updated machinery will help to reduce cost in long run.
4.
Opportunities
Can go to upcoming company’s and try to advertise and promote the products of his shop.
Threats
Many furniture are available in shopping malls for same or lesser price this can affect the business.
 His Business is going average but; can make more profit by learning new skills and technology available in the market.
 Should try to establish contact with distributer who can thereby help in increasing sale.
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