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8/8/2019 SME group 1 http://slidepdf.com/reader/full/sme-group-1 1/14 Advantages and disadvantages of Advantages and disadvantages of share farm proposals produced share farm proposals produced by previous students of School of by previous students of School of Sustainable Agriculture (SSA) Sustainable Agriculture (SSA) Khoo Khoo Sez Sez Ching Ching BR08110060 BR08110060 Chai ChaiWan Ting BR08110007 Wan Ting BR08110007 Muhamad Muhamad Fais Fais bin bin Suboh Suboh BR08110048 BR08110048

SME group 1

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Page 1: SME group 1

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Advantages and disadvantages of Advantages and disadvantages of share farm proposals producedshare farm proposals produced

by previous students of School of by previous students of School of 

Sustainable Agriculture (SSA)Sustainable Agriculture (SSA)

KhooKhoo SezSez ChingChing BR08110060BR08110060

ChaiChaiWan Ting BR08110007Wan Ting BR08110007MuhamadMuhamad FaisFais binbin SubohSuboh BR08110048BR08110048

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Introduction of the companyIntroduction of the company

y Happy farm ² partnership company

established under SPL.

y Founded by six shareholders : Chong Pui

Lai, Neoh Wei Ting, Huong Ting Ting, Ng

Swee Yin, Chan Lup Yen and Chuah Pei

Ning.

y Every partners contribute RM100 ascapital which add up to total capital of 

RM600.

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1.0 Introduction1.0 Introduction

Advantages:

1. Introduction about their product.

Disadvantages:

1. Do not state the reason why does products(kangkung, sawi and bayam) are chosen.

Question:

1. Is there market for these plants?

2. Why the plants are planted organically?3. Why not other vegetables chosen?

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2.0 Business Background2.0 Business Background

Advantages:

1. Name (Happy Farm), address,

establishment date, business activities

are stated.

2. Posses a company logo.

Disadvantages:

1. Telephone number, fax number, email add,

website are not included.

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3.0 Background of Partners3.0 Background of Partners

Advantages:

1. Name, position, role, expertise are

stated.

Disadvantages:

1. No education background stated, eg:

Degree of Horticulture and Landscape,

Universiti Sabah Malaysia.

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4.0 Vision, Mission and Objective4.0 Vision, Mission and Objective

y Vision, mission and objective are clearly

state.

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5.0 Organization and Management5.0 Organization and Management

Advantages:

1. Organization chart, roles and

responsibility of each member is stated.

2. Function of departments, Marketing

Department, Finance Department,

Operation Department are clearly

stated.

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y 6.0 Technical

y 7.0 Marketing

y 8.0 Finance

y 9.0 Problems and solutions

y 10.0 Conclusion

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Advantages:

1. Good situational analysis Using SWOT analysis - assess company.

Details - strengths, weaknesses, market

opportunities and threats.2. Strong competitor analysis

Include details of potential competitors.

Also detail in the strength and weakness

of either large scale production company

or small scale planters which plant and

sell the same vegetable.

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Disadvantages:

y Insufficient agronomy information intechnical section.

Only short intro about crop and chemical

used for weed and pest problem. No info

on concentration of fertilizer.

y No price strategy for marketing

purpose.

Psychological pricing can be used. Example:

Leafy vegetables ² RM1.99 or RM4.99 per

packet.

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DifferentDifferent information in financialinformation in financial

reportreporto The variables costs for page 24 and 26

are different.

o The total variables cost is RM147.00 in

page 24. However, the value decrease to

RM110.00 to the income statement.

o This misleading information will cause an

imbalance financial reports.

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y In page 28, the reports does not explain on

how to calculate the cash asset is equal toRM261.52.

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Thank you