1. What did you enjoy most about the fair?
I enjoy having a real life experience on promoting a product to people around me and being able to understand the pressure my parents face in their work.
2. Describe how do you feel in this whole experience (from planning to production to the actual day) and why.
I felt that it was extremely as I have learned many ways of setting up a company and the many departments in the company too.
3. What are some problems you faced in the process of preparing for the fair? How did you overcome these problems?
We found that the $50 budget was too little and spent more than we should have but we sold our goods at a higher price so that we would still make profit and we managed to reach our goal to sto our money problem.
4. Describe someareas that we have done well in the fair.
Our team managed to attract many customers so that we were able to clear our goods pretty fast.
5. Suggest some areas of improvement for the entrepreneur fair.
The time for the classes to sell their goods should be longer.
6. Reflecting on your personal experience in the process of setting up your class business and based on the observations you have made during the entrepreneur fair, shareaboutwhat you have learnt in the following ares :
a) How to attract customers to your stall
We went up to the customers and showed them a sample of our product and if they want to buy our product, we will bring them to the stall to purchase the product that they want.
b) How to price the products
We priced our products at a very reasonable price depending on the size and the looks of our products.
c) What you did to ensure success foryour business?
Our group ensured that the product that we were selling is reasonable to the crowd and will capture the crowd attention.
7. Having been a service provider (in games) and also a sales person, what do you think are some important attributes, characteristiecs or values one must have in order to run a business well ?
One need to be very careful in what they say in order not to offend the customers as well as giving the right information on the product.
8. If you were given another chance to set up the business all over again, what would you have done differently ?
I will look for even cheaper, better quality and sellable products so that I will make more profits.