Executive summary
The mill will be called Nyc Sugar incorporated with the meaning of bringing back the real sweet flavor of sugar into the market. The mill will have its own plant located at Ibayo, Balanga city, Bataan. This site is selected because of its strategic position, where the supplies of public and private services are adequate and the raw materials are readily available.
The need of the sugar mill company is to solve the problem of sugar shortages which increases day by day in this city and also try to deal with unemployment problems which increases with time here in Bataan. This will be achieved by creating more employment opportunities for the young generation living in the city as well as outside.
Raw materials
Normally
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Market study and demand and supply
Since Bataan is geographically situated near Philippines centre, the sugar products can be transported to the neighboring provinces in the country like Manila which is a leading distributor of sugar will be a great recipient of the sugar product. The establishment of this firm will be of great help as it will increase the supply of sugar, and also lessen the importation of sugar which makes sugar expensive In the Bataan.
Marketing strategy, scale and volume There will be a vigorous effort to secure a market before a commitment is even made to build the mill if it would be most desirable to have the financial participation of one or more major users who can guarantee the purchase of the substantial portion of the procedure production. The receiving of the raw materials supply will as well be considered. The firm is budgeted to have a production line which will represent about 800,000 tons per unit day which will heavily depend on the production conditions.
Pricing and consumer surveys
Pricing will follow the established market prices and practices which are usually determined by the forces of demand and supply, however because of sugar uncertainty of sugar product during the start up period, some price concessions
In conclusion, The sugar trade was most successful due to the high consumer demand and the slave trade. This is shown by the evidence of sugar’s addictive properties and its easy use as a sweetener with certain goods. However sugar does have its health and slavery issues, not allowing Africans and other slaves to live they life they
Sugar has been a staple in the diets of Europeans for centuries. From desserts to tea, sugar has been added to everything. While it is unhealthy in large doses, the demand for the saccharide does not falter. Before sugar could be mass produced by machines, much of the labor was done by slaves. While this benefitted white Europeans, they were the only ones to have profited from this new sugar craze. The African population suffered immensely from the sugar industry as the working conditions of sugar plantations were brutal and they had no civil rights as slaves.
To engage the children in taking responsibility for the environment we could first talk about a specific recycled material we will be using, for example paper rolls, where they come from, what are they made of and what sort of things we can use them for (making puppets, pencil holders). We would talk about why is recycling, why is it important, and ask the children what other household items they thing could be recycled and reused to make something else. We could show the children how, in the centre, we have two types of rubbish bins, one with green lid that has general rubbish, and one with yellow lid, that is for all those material that can be recycled
Pricing is important when marketing a product. The determining factor for the pricing is the material, time to make, amount spent on marketing and promotion of the product. The goal in providing such a product that is moderately
Competition within the industry as well as market supply and demand conditions set the price of products sold.
We find this to be an exciting project with significant potential and wish to express our thanks to
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Realizing the potential of commercializing nipah industry, the MUDA Agricultural Development Authority takes a bold step forward in the development of this natural plant to boost the local community’s economy. The nipah commercialization project in the MUDA area is one of the federal governments' initiatives in developing nipah entrepreneurs. Their main objective is to the nipah industry to commercialized level. In 2009, the nipah sap production had reached up to 287,000 L and the value are approximately 1 million for the year of 2009 itself. The amount of nipah sap that can be collected from each bunch of the nipah tree is between 0.5 to 1 L a day. The demands for nipah sugar is expanded the household use and the growing recognition by
Determining price is out of our control, given the competitive firm is a price taker; the price is determined through the interaction of supply and determined through the interaction of supply and demand in the market. Markets always move toward equilibrium, so the market can determine the price. However, its the price that makes quantity demand equal to quantity supply.
Competition within the industry as well as market supply and demand conditions set the price of products sold.
The strategy for setting a product’s price often has to be changed when the product is part of a product mix. In this case, the firm looks for a set of prices that maximizes its profits on the total product mix. Pricing is difficult because the various products have related demand and costs and face different degrees of competition.
Pricing of commodities are arrived at basically from the forces of demand and supply, a decrease in supply of a basic commodity or a commodity with a high utility value causes the demand to rise suddenly. There are
Keeping these realities in mind, it is very much obvious that for this market, we choose and follow a value based pricing and do not keep the price of the product too high. It is advisable rather to follow an average pricing and let the consumers build some enthusiasm around the product.
The process in which organizations determine what they will obtain in exchange for their products is called pricing. Some significant factors for pricing include Market conditions, competition, market place, cost of production and product quality.