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Posted in General Market Day - Business Activity

Date: 07 June 2019

07

Jun

Market Day - Business Activity

Market day was very bad for anyone on a diet! Level 1 Business students filled R block with the mouth watering smells of delicious food.

Market day is the culmination of a lot of planning and work. This is a business activity where students run a stall and sell their product. They are expected to have prepared a detailed business plan which includes a clear mission statement and specific objectives. Each member of the team is responsible for an area of the business; marketing, finance, operations, or human resources. The goal is to work as a team to ensure that the business makes a profit.

Certainly there were plenty of satisfied customers, some possibly feeling very full indeed, so providing the budgets and costings were accurate and the serving sizes on the day not too generous, most teams should have made a healthy profit.

Students now begin the task of reviewing how well their business activity performed and make recommendations on what could be improved in the future.

We are already looking forward to next years event!

   

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