Professional Documents
Culture Documents
BHD
MATRIX
COURSE
CONTACT NUMBER
LAVENIA RAMESH
15864
CHE
010-9122458
JAYAKUMARESH
JAYABALAN
NANTHINI RAMAN
16085
CHE
016-9342602
15857
CHE
016-5394695
SARASUWATHI
RAJASEGARAN
SUGESWARAN
SAMINATHAN
16079
CHE
014-6256231
16058
CHE
012-6257356
TABLE OF CONTENT
No
Topic:
Pages:
:
Cover Page
Acknowledgment
Table of Content
0
1
2
2.0
3.0
4.0
Theory
1.1 Introduction
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1.5 Methodology
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12
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13
2.1Business History
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15
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19
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21
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25
26
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30
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2
CONCLUSION
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6.0
6.1 REFERENCES
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6.2 APPENDIX
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1.0 THEORY
1.1 INTRODUCTION
Definition of Entrepreneurs
Entrepreneur is a word derived from the French language, entreprendre meaning to
undertake. According to Scarborough and Zimmer (1998), entrepreneur is an individual who,
rather than working as an employee, runs either a small or large business and assumes all the
risk and reward of a given business venture, idea, or good or service offered for sale.
The entrepreneur is commonly seen as a business leader and innovator of new ideas and
business processes.
Definition of Entrepreneurship
The capacity and willingness to develop, organize and manage a business venture along with
any of its risks in order to make a profit. The most obvious example of entrepreneurship is the
starting of new businesses. In economics, entrepreneurship combined
with land, labour, natural resources and capital can produce profit. Entrepreneurial spirit is
characterized by innovation and risk-taking, and is an essential part of a nation's ability to
succeed in an ever changing and increasingly competitive global marketplace.
Importance of Entrepreneurship
Entrepreneurial Characteristics
1. Plan everything.
2. Manage money wisely
3. Priority to customer
4. Build a top notch business team
5. Create a competitive advantage
6. Being accessible
7. Master the art of negotiations
8. Grab attention
9. High degree of commitment
10. Stay organized
11. Adaptability & flexibility
12. Networking abilities
Understudy the business by looking at the various issues faced by the entrepreneur
Consider ways in which the business can be developed and strengthened into bigger
business
Devise a strategic business plan considering the resources available and market potentials
Produce a research report, present findings and made recommendations on how the
business should be developed by writing up a business plan.
The objective of this project is to enable students to appreciate the practical issues faced by
strategic entrepreneurs and apply knowledge learnt in a classroom environment into a real-life
situation.
We have chosen Chiew Books & Sports Centre, an enterprise located at Teluk Intan, Perak
for this project. The owner of the company is Mr K.C. Chia. Our group has interviewed Mr.Chia
to get a better understanding about his business. The 30 minutes interview had give us much
insight about his enterprise. He also discussed about the problems he had encountered during
the start up of his business and also how he had tackled those problems in order to strengthen
his business into a much larger scale.
JOB DESCRIPTION
:-
Other than that, there are also sub-objectives of this project which are:
To be able to differentiate the theory and reality that drives a business to victory.
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To contrast and examine the values and business plan that Mr. K.C. Chia, the owner of
Besides that, Chiew Book & Sports Sdn Bhd is chosen because the management and
communication skills between customers are very good. They manage the shop very well by
appointing 3-4 persons in charge for each department in the shop. It shows their work is very
systematic. Communication between customer and worker is in good level. It can be seen by
the way the worker approach the customers and helping them. Other than that, they attract
people by having very clean and well organized shop. They even sell variety of which makes
people to come to this shop and purchase things.
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1.5 METHODOLOGY
Finding for type of business
: K.C. Chia
Age
: 41
Place of birth
Education
Experience
Role model
IMPLICATIONS OF PROBLEMS
Prolonged the opening time of this shop as
Location Cost
For every business to be operating, it requires a proper location to establish itself. The more
strategic the location of business the more money it is going to cost. A business owner has two
options when it comes to deciding on a location. The business owner can either choose to
purchase the location or take the location for lease. He or she can acquire the assistance of
banks to aid the payment of the location. Its highly important to choose a strategic location, as
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Once a business location has been decided, the next important thing the business owner has
to take into account is the employment of staff and workers. This is because, to run and
manage a successful business venture, it requires a team of people and proper organization. It
is impossible to achieve a successful level business venture by just having the business
operator to conduct the whole business. Taking into account Chiew Books & Sports Centre
which offers a variety of products to be sold, thus its highly important to have sufficient number
of employee and a proper system to ensure smooth flow of business.
Mr. Chia has taken this factor into his consideration before starting this business as it is clear
that he has hired the required number of staff needed to ensure he can operate his business
smoothly without any setbacks. The only drawback of hiring more employees is that, it requires
a large amount of money as all this employee needs to be paid monthly salary. Yet having the
appropriate number of workers means a smooth flow of business thus resulting in higher profit
which could compensate the employees salary.
Business Promotion
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NOTEBOOKS
&COLOUR PAPERS
FILES
STATIONARIES
SOUVENIERS
&GIFTS
TROPHI
ES
CASHIER
SPORTS EQUIPMENTS
GROUND FLOOR
BOOKS FOR
PRIMARY
SCHOOLS
FIRST FLOOR
SUPERVISOR
MISS.TAN LI LIAN
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CASHIERS
GROUND FLOOR
DEPARTMENT
PERSON IN CHARGE
MASITA
FAZURA
THINESHA
ALIA
FIRST FLOOR
PERSON IN CHARGE
TAN MEI JI
HAZWANI
AZLINDA
PERSON IN CHARGE
NIRMALA
FARAH
FATIN
has become the preferred center for people around Teluk Intan
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WEAKNESS
shop.
OPPORTUNITIES
The nearest schools and universities
THREATS
Presence of other small scale
students.
Developing area in Teluk Intan by
those services.
Threats of being prone to robbery or fire
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4.0 RECOMMENDATION
4.1 PRODUCTS AND SERVICES
Chiew Book & Sports Centre Sdn Bhd offers various products and services such as academic
books, sports items, medals and certificates, printing, binding and many others. Chiew Book &
Sports Centre's products are varies and they target group is from school children, university
students and even to public .Chiew Book & Sports Centre should think of widening its product
segment, since it is attracting a wide range of customers. They can add in another section
specially for school students in which they can sell school uniform, shoes and etc. Whereas
they even can add in computer equipments which one of the important things for university
students and also public. Around Teluk Intan there are around more than 20 schools which
include Sekolah Jenis Kebangsaan, Sekolah Kebangsaan, and Sekolah Menengah. The
shops around doesn't sell in bulk and the varieties of the school items and also other stuffs
are quite less. If Chiew Book & Sports Centre could provide these items in quite a number of
varieties, it would be a good kick start in their sales as well as increasing their revenues. They
even can add in service of banner, poster, bunting printing rather that normal photo stating
because through this they can attract university students ,other organizations to print for their
events and also public.
4.2 LOCATION
Most businesses choose a location that will provide exposure and drive foot traffic or volume to
their location. That makes features like parking, pedestrian and vehicular access, the
reputation of the neighborhood, and the proximity of other businesses all factors to consider.
However, there are other less obvious factors and needs to consider as well. For example:
Brand image Is the location consistent with the image you want to maintain?
Competition Are the businesses around you complementary or competing? Some
businesses, such as retail stores, benefit from being in a retail hub alongside the competition.
Others may be at a disadvantage if located close to competition.
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Plan for future growth If you anticipate further growth, preempt the need for multiple moves
by looking for a building that has extra space you can expand into should you need it. Your
budget should also include cost estimates for furniture, utilities, and IT needs.
Proximity to suppliers They need to be able find you easily, too.
Safety Whats the crime rate? Will employees feel safe alone in the building or walking to
their vehicles?
Zoning regulations These determine whether you can actually conduct your type of
business in certain properties or locations. You can find out how property is zoned by
contacting your local planning agency.
There are two public university branch campuses located in Teluk Intan. The campuses
are Universiti Teknologi Mara Teluk Intan Campus for Faculty of Medicine UiTM completed in
October 2010 and Universiti Kebangsaan Malaysia (Teluk Intan Campus of Faculty of
Medicine UKM). Being one of the principal towns in the Hilir Perak, Teluk Intan has over 100
primary schools and more than 20 secondary schools. Schools in established prior to the
Independence of Malaya in 1957.
Since there are Comic World Bookstore and Sin Thye Loke Sdn .Bhd around Chiew
Books & Sports centre, they have to find a proper location which is middle of the city or more
precisely near schools and university. Chiew Books & Sports Centre is located at the last row of
shops , which is very isolated. The location is far from the main road and public views. Besides,
the location is also facing a construction site and there are very less people who uses the road
since the row is far behind. Hence, the recommendation for this location problem is, to shift the
shop to the roadside row of fast emerging city so they can improve their sale.
associations or any conference nearby Teluk Intan. In the association, can try to get business
cards of other entrepreneurs in the association and also can get knowledge and tips on how to
increase the business revenue. A good relationship is an essential in our daily life. Since it
comes to business and entrepreneur manager director of Chiew Book & Store have to create a
good relationship in order to achieve success in his business.
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5.0 CONCLUSION
From our interview at Chiew Books & Sports Centre, we get to know that the aim of this company
is to become the number one bookstore and Sports Center in Teluk Intan by providing an
unparallel quality service and products to its customers. Chiews main customer markets are
the primary and secondary schools as well as some private companies and government
agencies. Chiews company is conducting aggressive strategies in order to compete with the
major bookstores in Malaysia by opening up more branches around the country in near future.
Customer satisfaction and business reputation would be Chiews company main goal.
Moreover, Mr. Chia is a person who works tirelessly and sacrifices a lot for the success of his
business. As an entrepreneur, Mr. Chia had told us that he must always provide his best
products and services to his customers in order to gain their trust and also to increase the
companys reputation. The customer is the main priority in almost all of the business
market in todays world. Thus, it is necessary to repay their kindness by providing excellent
quality. Besides that, Mr. Chia had also implemented a customer based feedback mechanism
which allows the customer to provide their personal opinion regarding the service quality from
Chiew Books & Sports Centre.
This company also offers a wide range of products and services from the stationeries and
books till the sports equipments. The staff of this company will always m a k e s u r e t h a t
t h o s e p r o d u c t s w e r e c a t e g o r i z e d a n d arranged properly on the shelves to provide a
customer friendly layout so that customers can find the items they want in a shorter time..
In general, this company operates through a very organized team based on a well-defined
organization chart where Mr. Chia as the Director accompanied by two supervisors followed
by his employees. The line of authority ensures that all the workers perform their job well and
it contributes to the companys profitable business venture.
In conclusion, the 7-approach model gives a guideline for the creation of successful business
enterprise. The elements are setting out clear objectives, attract and please customers, keep
the customers and make them stay loyal, managing customers and business growth,
competitive dynamics, conduct proper systems and operations, lastly the evaluation and
taking corrective actions.
Setting out clear objectives is the foundation of all the planning of the business. With a clear
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31
2013,
from
http://www.inc.com/michael-olguin/7-tips-to-successfully-grow-your-
business.html
Siems, C. (October 29, 2013). Five Secrets to Build Your Self Confidence for Business Success.
Boom Social. Retrieved on 6th December 2013, from http://kimgarst.com/five-secrets-to-buildyour-self-confidence-for-business-success
Interview session with Mr K.C. Chia.
6.2 APPENDIX
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Figure 1:The external view of Chiew Books & Sports Centre Sdn Bhd
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Figure 10:Competitors foe Chiew Books & Sports Centre (Rapid Mall)
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Recommended
Areas
Figure 12:Attractive areas( Taman Melor Sejati) for Chiew Books & Sports Centre to operate in
Teluk Intan
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Figure 13:Business card of Teluk Intan Chiew Book and Sports Sdn bhd
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