Budget meal for 4 of $20

 In Business, I have been tasked with finding out a combination of foods which will be enough for a grouping of 4 people. I will need to find a combo which won't be over $20 as that's the budget, there will be as much food chosen unless the budget fails.

#1 Maggi two minute Noodles 5pk - $2.90

#2 Turks Free Range Chicken breast skinless fillet - $8 x2

#3 1.5L Ninety-Nine Lemonade 99% less sugar - $1

total: $19.90

Process:

1. Cook up the noodles in a pot for 2-5mins

2. Cut up the chicken 

3. Put the chicken bits into the pan

4. Cook the chicken for 20mins

5. Mix the two ingredients in 4 bowls

6. Pour 4 drinks of the lemonade

7. Enjoy!

I found this assignment pretty alright because the task at hand was simple. I only needed to find some tasty ingredients for the 4 lucky people, it was easy to find these 2 foods and 1 drink. I feel the people would enjoy the chicken noodles with flavouring and the chicken pieces which mix in, being tasty. Overall the time spent doing the task may have been an ok experience, with the findings of the ingredients on countdown not taking too long.

Would you be willing to be on a budget of $20 to find a meal for 4?

https://www.countdown.co.nz/

Budgeting Language Dictionary - BST

 In business studies, I have been tasked with creating a Budgeting Language Dictionary. I have included the meaning and why they relate to 'Budgeting', I have completed the task and presented it through 'slides'. It was interesting to find out what the words meant and how they relate to 'Budgeting'.

After doing the research and discovering the meanings and how the words relate to 'Budgeting', it was some fun since some I didn't know a few of them and what they meant. All of this stuff will be needed when you are older and need to bother with money and bills, it is important I will know about this even if this is basic but that doesn't stop the information from being helpful.

Do you think this information was useful or not? Why/why not?

Marketing Mix - Place

We are selling yoyos on Market day and were are planning on having our stool anywhere close to the public eye 

 Where will you be producing your product?  

We are making our yo-yo's in M5 and on the laser cutter, we are using M5 as a point where we build and stick the parts of the yo-yo together. The laser cutter is for cutting out the parts of the cardboard and we are bulking them so when we return to M5 we can create the yo-yos.

Where would a good location be for your product on Market Day?

1 think that it works really anywhere, outside inside it doesn't matter unless we really want the public eye then we will want to be somewhere that is where the people are all coming in from. Outside will be more open and aware to the public but inside is nice and easy to have set up.

Pedestrian and traffic flow (does your business rely on people walking past or is your product unique enough that people will seek you out?)

Our product is more likely to not be seen by the public due to it only being an innovated and environmental version of the yoyo so we are more relying on the public to be looking at every stall and not skipping some.

Competition - who else will be selling similar products to you on Market day? How will your product stand out?

I don't think we have competition but if we do then we're probably gonna be beaten because we don't really stand out. Hopefully, a group of people will be interested in our product and will purchase it.

I think that the yoyos will be seen eventually on the day after a bit of time and that it will stick out to more of an older audience, adults and not the youth.

Would you buy this product?

Market Mix - Product

My group on Market Day will be planning on selling cardboard yo-yo's, we are thinking of making a profit which is decent, something that's maybe a little over in what we spent like double but over some more.

In this blog, I am exploring the product part of the Market Mix. The features of the yo-yo are that its made out of reuseable cardboard, they can be disposed of easily and they're a great time of joy to play with. It is sustainable but weaker and less durable than an actual yo-yo which is made out of plastic and metal, the size of the yo-yo is 3cm by 3cm in height and length and the width is not too sure The packaging is none, it will be sold in no casing. The materials that are being used are cardboard, hot glue gun and string which will only cost $12 due to we only need to buy the string. This is an innovated product of the yo-yo, and we only need to advertise by putting up some posters or online.

I feel that my group's product is going to make at least some type of profit, something over what we paid. The quality may not be the best since its made out of cardboard but it will be sustainable, and that is great for the environment.

 

Marketing Pitch of everyday item

In Business Studies we have been tasked with making a market pitch for an everyday item, we chose a Tissue box, me and Tyson. We chose a tissue box because it was a simple easy product to make the public purchase it.

Buainess Studies - Innovation Challenge

Innovation challenge \

1. Picture of what I want to innovate:

Sleeping bag

2. My product which I want to innovate is sleeping bags, the way it is used currently is that you take it out of a bag and unravel it then lastly climb in. I dislike the fact that there is no built-in pillow or heating/cooling system which is lightweight.
3. I would like it if the bag in which you put it in could extend so putting it back is easier and not time-consuming
4. That depends on which one you get, there are thick and heat building ones and there are light thin ones which will keep you warm but not hot. They are used to sleeping in and some are quite comfortable, some can be as good as sleeping in your own bed.
5. We could add a built-in pillow and a lightweight heating/cooling system. These two added features could make sleeping bags more popular as long as it stays the same price as most good sleeping bags or maybe cheaper if the company is willing to make sales in their products but not as much moolah as if they had the same amount sold for a higher price.
6. Not relevant
7. Have a control panel which is easy to use like a dial which is right for heat and left for cold with red and blue respectively. Having the pillow be locked in place so that over time the product doesn’t mess up with the pillow ending up at the bottom and same with the heating pads locked in as well.
8. Cold/heating system - Advantages: gives heating and cooling - Disadvantages: requires batteries and can disfunction if wires are torn (like all electronics)

Built-in pillow - Advantages: comfy for your head - Disadvantages: Quality may drop after a few years of use

9. Choose one of your ideas and create an advertisement (e.g. online add or in a magazine) to help you sell your innovation. Make sure you highlight why your product is better than others that are on the market at the moment.

Business Studies - Steve jobs draft work

Steve Jobs - Draft - Entrepreneur

Steve Job’s was born, February 24th 1955 to two  University of Wisconsin graduate students, Joanne Schieble and Abdulfattah Jandali. They placed their unnamed child up for adoption, and he was adopted by Paul and Clara Jobs. Throughout Job’s childhood, he learnt about electronics and chips, how to build them with his adopted father in their family garage. Steve Wozniak was a computer nerd and worked at HP while Steve Jobs worked at Atari. Between the two of them, their love of making things easier and simpler lead to them designing small devices such as the infamous Blue Boxes. These little devices could be connected to your phone to make free long-distance calls. Wozniak and Jobs attended a computer club together, where Wozniak saw a MITS Altair. This build-it-yourself computer inspired him to attempt throwing together a computer at home with cheap parts he had on hand.Ultimately, this led to what would be known as the Apple I, which was constructed with a simple keyboard and TV, and he built the motherboard on a piece of plywood. Steve Jobs saw this and offered to fund its production by selling his van.

 Apple Computer was founded on April 1, 1976, with its home computer product marketed at $666.66 each. They managed to earn enough money to move out of the garage and begin work on the Apple II. During the ’80s, Steve felt like he didn’t want to run the company while overlooking production. So he talked with the CEO of Pepsi, John Sculley to have a few roles in the company and so he did. This allowed Jobs to continue interacting with the development teams without interruption. Xerox was looking for ways to compete and had a graphical interface and pointing device they didn't like. Steve Jobs saw it and got it from them immediately, seeing its potential. This started the creation of the Lisa and Macintosh with two development teams fighting for dominance. Jobs had felt interested in the development of the Lisa but ultimately both Lisa 1 and 2 failed to make great success, the 2nd was half the cost than the first and the Lisa 1 was pricey and the software couldn’t beat other companies’. In ‘84 the Macintosh was released with much glee from Apple. In 1985 everything was going downhill, the company was filled with fighting, Wozniak left due to feeling the company wasn’t going the way he had imagined and Job’s being very eager with ideas to be shared for products. CEO Scully and the board decided that Jobs was too hot-headed and began stripping him of roles that he had in the business until he was barely a figurehead. Ultimately Steve Jobs left, or was fired, depending on who you ask. Apple soon went terrible, having bad sells on new products and was becoming absolutely trash.


Steve had now seen a new beginning with starting NeXT with a few employees. At NeXT Jobs made two computers, The first was revealed through a keynote presentation in ‘88 and did not be a huge success, only selling in the hundreds and having a hefty price tag. The 2nd computer just couldn’t make any sales and get attention, it sold at $5k 1990 money. By ‘93 NeXT was shrinking, and so Jobs sold the hardware department to Cannon and decided to put all his attention on, software. The new operating system, NeXTSTEP, had a colourful GUI and held many improvements still used today.

Business Studies: Entrepeneurs

Complete the table by explaining why the skills are important for an entrepreneur. The first is done as an example for you.
Skills	'Reason' the skill is important for an entrepreneur
Planning	To track how the business is going from month to month; some businesses might have different needs at different times of the year.
Financial	Being able to save and make purchases which won't lead the business to bankruptcy or to making unnecessary purchases which will do the same.
Administrative	Being able to look over what your business is up to, the amount of work which is being done and the money which is racking up. there is also the progress and important data which must be looked at
Marketing	To be able to sell products and make your product seem nice and attention-grabbing. Giving a good reason why someone should buy it.
People	Having people skills is great so that you can get a point across to your customers, the reason they should buy your product.
Communication	Being clear and meaningful, putting your message through in a way that everyone can hear it like a commercial on the tv or on the radio.
Which of the skills above do you think is the most important? (Highlight them in your table). Explain your answer: It is important that you are having an eye on what your business and employees are up to, knowing what they are doing for either all the time or most of it is great because you can put them back in line if they're slacking or failing to work the job in which they are occupying.

The quote is by Colin Powell

The way in which this quote means hard work and achievement to me is by the way in which it speaks about wanting a dream to become real but the only way it can is by doing the hard work for it and also having the determination/motivation to do it.

The Production Line - Term 2

In business studies, we have been researching the production line. Here I have researched myself and discovered some interesting this about it, like how low cost it is to run and how workers don't need that many qualifications

Business Studies - Opportunity cost

We are looking at scarcity and opportunity cost. Scarcity is an item having unlimited wants but limited resources and opportunity cost is the loss of other alternatives when one alternative is chosen. In the images below I have shown opportunity cost where there were three options but one was demolished, one was considered a possible choice and one a choice.

Business Studies - Money From Three Periods of History

Types of cash from Ancient times, 20th century and 21st century

Business Studies - Money advantages vs disadvantages

Advantages of money:	Disadvantages of money:
Being able to pay for items	Can be stolen
Pay bills	Have to work ridiculous hours at bad jobs for cash that will be wasted
Give to loved ones and friends as a gift	Lost easily
Can be reserved	Start arguments
Pay others for service. E.g. Mechanic, fast food and builders	Can be counterfeited
Bribing	Inflation due to one item being purchased to a point at which there’s not much left to be sold
Pay for what you want	Used as a ransom
Get what you dream about	Used as blackmail

Summary: In conclusion, money has its ups and downs but it is usually reliable. It can keep you alive and get your needs so that you won’t die. In a way, money is flawed and can be exploited. E.g. counterfeiting, bribing and blackmail. So it won’t all ways be on our side or assist you when you need its help.