0% found this document useful (0 votes)
34 views18 pages

Enterprise Project

This report outlines the process of identifying a suitable business project by a group of IGCSE enterprise students. The group evaluated various business ideas, ultimately focusing on gaming-related activities, and conducted market research to assess feasibility and customer interest. The report details the planning, implementation, and challenges faced during the project, including resource management and health and safety considerations.

Uploaded by

aaryan rashdi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
34 views18 pages

Enterprise Project

This report outlines the process of identifying a suitable business project by a group of IGCSE enterprise students. The group evaluated various business ideas, ultimately focusing on gaming-related activities, and conducted market research to assess feasibility and customer interest. The report details the planning, implementation, and challenges faced during the project, including resource management and health and safety considerations.

Uploaded by

aaryan rashdi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 18

Title-

Choosing a
suitable
project
(TASK 1)

Reported to: Ms. Chloe


Reported by: Aaryan
Date: Sat 5 October 2024

Title: Identifying a Suitable Project

1. Introduction

This report explains how we identified our business as a group and the
rationale behind the choice of the business. Hi I am a enterprise
student taking my igcses i felt the need to take enterprise as an IGCSE
as i am very interested in the aspects of businesses like how they run
and what goes on behind the scenes

2. Enterprise skills

2.1 Methodology

A group is formed based on the variety of entrepreneurial skills that


have been researched via the Internet. Each member had been given a
list and been asked to select the types of entrepreneurial skills they
possess and give at least one piece of evidence as to why they chose
this entrepreneurial skill. We then recorded the skills of each member
which is shown in the table below:

2.2 Findings

AR Ward
Leadership ✓ ✓
Problem ✓
solving
Communicatio ✓
n
Time ✓ ✓
management
Innovation ✓
Creativity
Risk taker ✓ ✓
Strategic ✓
thinking
Marketing ✓
Presentation ✓
I believe I am a good entrepreneur and can display the skills listed
below very effectively, especially communication skills. When my
group and I finished the skills table, I highlighted 3 characteristics
which best describes me as a person with enterprise skills. They are:
 Communication Skills: I am very good at verbal communication as I
can easily approach and convince people.
 Writing Skills: I am confident when I express my ideas logically and
fairly into a written form
 Presentation Skills: I believe that with my presentation skills I can
engage the audience using effective body language techniques

Based on my entrepreneurial skills our group agreed that I am going to take


over the sales and marketing components of our business. I shared my idea
with the senior leadership team (SLT) they were very happy and gave
positive and helpful feedback as to what icturehelp our business.
For instance, an SLT member gave me an idea for my business and the idea
was that I should advertise more. Based on this feedback my group and I
decided to make posters and hang them around the hallways for different
students and teachers to see so that they could be aware of my business. I
also used my communication skills and with the permission of my teachers
went into individual classes and shared the idea of my business with
everyone, eventually this will help our business to achieve success.

3. Identifying a project or activity

3.1 How a problem or need that our enterprise could fulfil was
researched
Our team was involved in lengthy discussions and several deliberations
about suitable business ideas. Through brainstorming, we gathered several
business ideas; and took notes of every idea –as to how each would address
the needs of our targeted customers.
Eventually, we shortlisted 3 ideas; basketball tournaments, RC CAR racing,
and AAA Games. Each member of the group is assigned each idea to come
up with some of the advantages and disadvantages of each business idea.

A person who oversees the Basketball Tournament asked the students in the
school to express their opinions about the Basketball activity during the
break time in the school and what is the price they are willing to pay for the
use of each unit. There were mixed views regarding their ability and the price
they are willing to pay. The principal reason was the limited time during the
break will be quite challenging to complete the tournament.
In addition to that, there were some policy issues from the school, which
does not allow certain facilities to be used by the students, in absence of
concerned person in charge, as expressed by PE teachers. Based on the
data, we reached the conclusion on the feasibility of this idea. It was decided
that this idea will not be successful, based on the students’ response.
Our second enterprise was researching RC games. The person in charge of
this idea pilot tested the idea on school fair day. We sought permission from
the authorities concerned and eventually, we were granted permission to
test our enterprise. In addition to that, the school supported our enterprise
and provided the required logistic support to run our enterprise smoothly.
Even though it all went well, we encountered a risk that we could not
anticipate before starting our business. business. That is the safety and
security issues. A customer nearly hit the RC car on the school property,
which could potentially get our team in big trouble. Bearing this in mind, we
did a cost-benefit analysis and came to conclude that the risk of running a
business is way higher than the benefit it may bring to the business.

As you can see in the above graph collected from a group of 45 people we
asked a variety of questions these question with explanations will be listed
below:
We asked the group whether they play games or not, the purpose of us
asking this question was to see what majority of our market plays games so
we know that if more people play games we are more likely to start a gaming
business

This was a close graph since almost 50% of our market plays games
outdoors instead of indoors but indoors still took the leading vote
strengthening our success rate by a lot.
We also had to ask about the impacts of gaming on health and school life so
that we can also add a educative perspective to our business balancing
education and gaming making sure students know that too much games is
bad for you but that doesn’t mean you shouldn’t play games.

The below graphs correlate to the education aspect of our business


Appendicies
Title-Planning
Our Project
(Task 2)
Action Plan
Task Time People Date of Monitoring Outcome
expected responsible completio
n
Permission 1 day All 12/10/24 Before We spoke
s doing to the
anything, teachers
we will get and got
permission permission
s and make s like Wi-Fi
sure we are and
allowed to extension
use certain cords.
things
Getting 30 mins Aaryan 14/10/24 Aaryan Aaryan got
resources needs to all the
collect all resources
the and
resources brought
like them to
consoles the site
and where we
controllers would set
for the stall up the
stall.
Collect 1 week Abdulrahm 10/10/24 Abdulrahm Abdulrahm
market an an needs an went
research to go around the
around the school
school asking
asking students
student a and
variety of teachers
questions question
to collect and
market collected
research the
research
we needed.
Set up 1 hours All 15/10/24 We all need We all
stall to set up made sure
the consols everything
plug it all was setup
in and set and in
up the correct
tables order
Record 1 day Amen 15/10/24 Amen Amen
Sales needs to made sure
make sure to ask
we made Aaryan or
the right Abdulrahm
amount of an how
money much
from the money
customers each
making person
sure we paid so he
didn’t lose could
out on a match it up
single riyal with the
money he
has to
make sure
we didn’t
lose any
money
Cleaning 30 mins All 15/10/24 We all need We packed
up to make away the
sure we consoles
clean up gave back
after the
ourselves extension’s
dismantlin wires and
g the the tables
tables and at the end
unplugging of the day
the
consoles
Put up 1 hour Aaryan 15/10/24 Aaryan Aaryan
posters needs to went
put poster around the
around the school
school observing
advertising which
our places in
business the school
making look very
sure to put populated
in places so he could
where it put his
will be poster
visible to there
people

Risk asessment
Risk Likelihood of Severity of Comments
occurrence outcome
The WIFI not 3 5 The it
working department told
us we can use
the WIFI because
we got
permission but
sometimes the
WIFI doesn’t
work in certain
areas so

To reduce this
risk:

we could use our


own personal
hotspot as a
backup

Appendices
Task Three:
Implementing The Plan
Actions Completed
We all gave each other tasks to complete for our enterprise. My
tasks were the following:
 Getting Resources
 Setting up the stall
 Putting up posters
 Negotiation
 Health And Safety
Skills I presented
 Creativity
 Innovation
 Problem solving

My team and i also created a presentation and presented it to the


SLT to convince them to let our idea through and for them to get
an insight into our business

1. Getting Resources
Our business was heavily dependent on resources like Wi-Fi
and consoles and controllers', games, tables etc. So, getting
resources was very important in the business

My contribution
I had to make sure we had everything and all in the right
place for example I oversaw getting Wi-Fi permissions and i
was in charge if setting up the consols connecting them to
the Wi-Fi once we got permissions and charging the
controllers etcetera to sum everything up i had to make sure
that on the day our business was set to run i made sure
everything was running smoothly with no problems

Problems we encountered
Based on our location the Wi-Fi availability was quite low,
and we didn't get that many signal and we also didn't get
many customers since we were based in the school canteen
away from the mains scene with all other businesses

Monitoring
Before opening the enterprise to the students I made sure
everyone brought the consols and after I made sure of that I
turned them all on to make sure they are working with no
problems and that all the games are downloaded and most
importantly checked if the controllers are charged after that I
made sure that we had the right amount of extensions for all
the plugs and all the charging wires after all of that we finally
opened the business

2. Setting up the stall


We made sure to be very careful when setting up the stall as
one small mistake could ruin the whole business for example
if one of the tables wasn't sturdy the whole setup would
collapse and we would be doomed

My contribution
I had to gather all the chairs and tables from the classes
which weren't being used with help from the school's
maintenance team we made sure to get everything we
needed from extension cords to tables and chairs

Problems we had
Before we setup any consoles or anything we checked the
condition of the tables and chairs to see if they were too high
or too low for example most of the tables were wobbling
which is a huge safety risk for the consoles, so we had to
make sure to inform the teachers about this and get new
tables

Monitoring
As motioned above we had to make sure everything was
setup correctly for everyone to play on the consoles and we
had to make sure to place the tables in a way where when
someone would walk by the canteen, they would see the
consoles and the games being offered

3. Putting Up Poster
Posters were our main form of marketing so after we made
our posters, we hung them up around the school making
sure we found the best places in which many students would
pass by and see our poster. I made sure to be creative and
made sure the poster was very appealing and had many
pictures

Problems we had
We needed to find a place to put up our poster we made sure
to highlight 2 factors: Location and Population meaning the
location should be somewhere where there are a lot of
people walking by for example the wall you see when you
exit the staircase this helped attract potentials customers

4. Permissions
Because we are a school business, and we don't make the
decisions we needed to get different permissions for
different aspects of our business like for example
permissions in general to start a business permission to play
certain games Wi-Fi permissions and permissions to use
class time to setup and brainstorm

5. Health And Safety


There were many health and safety precautions we had to
consider for our business before we made it public those
including everything was sanitary and cleaned including the
controllers' consoles and screen to reduce risk of anyone
getting sick, we also had to make sure others were clean
before touching the controllers.

Monitoring
To make sure everything was clean and safe before setting
up i also wiped all the screen, controllers and console with a
disinfectant wipe and put a sign saying you need to wash
your hands before playing

Problems we had
Despite all the rules some customers decided to show up
dirty and touching our equipment obviously we were able to
deal with this by escorting them or telling them to wash
there hands but we knew this would be a problem we would
encounter

6. Negotiation

Reported To: Miss Chloe

Reported By: Aaryan

Date: 8/11/24

You might also like