65946683 BBA Corporate Internship Report on Pakson Industries Boss Pakistan

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    BBA Corporate Internship

    PAKSON INTERNATIONAL PLASTIC

    INDUSTRIES

    Internship Advisor

    Mr. Suleman Anwar

    Internee

    Internship supervisors

    Hafiz Abdul Rehman, Mr. Imran

    Hafiz Muhammad Usman 08108170

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    Gift University, GujranwalaPakistan

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    Acknowledgements

    Doing the internship at Pakson International Plastic Industry have been a

    great honor for me. Thanks to my teachers at the university and the

    executives of the respective departments who are in some way or the

    other help and guide me through this journey. I had been an active part at

    the firm for six weeks and got to learn a lot. My work in the different

    departments, specifically, the HR department, the Marketing department

    and also the financial department has made me study many different

    aspects of the practical life. I had been to markets, with the help of the

    staff at the site; I managed some of their accounts. The time to time

    guidance given by the seniors of each department helped me put together

    all I learned and implement it in an effective way. Different issues

    regarding the labor, the market and the customer, were faced by and I

    being an internee was given opportunities to give my best opinion for the

    particular issue. As a student and an internee at the Pakson Industry,

    which operates with the brand name of BOSS, gave me the chance toimplement what I had learnt from the books and a lot to learn from what I

    experienced being out there.

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    1.

    Table of Contents

    Acknowledgements.....................................................................................2

    Introduction.................................................................................................7

    Introduction to plastic..............................................................................7

    Types of plastics.......................................................................................8

    Plastic industry in Pakistan.......................................................................8

    Overview of the organization....................................................................11

    Organization history...............................................................................11

    Quality Standards:..................................................................................11

    Research & Development:.....................................................................12

    Certifications:.........................................................................................13

    Nature of the organization.....................................................................14

    Number of employees............................................................................14

    Product lines...........................................................................................14

    Plastic Chairs.......................................................................................14

    Revolving Chairs.................................................................................15

    Steel plastic furniture..........................................................................15

    Public Sofa..........................................................................................15

    Snack Tables.......................................................................................16

    School Furniture..................................................................................16

    Baby Furniture....................................................................................16

    House Hold..........................................................................................16

    Organizational structure............................................................................17

    Main office..............................................................................................17

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    VISION:...................................................................................................17

    MISSION STATEMENT:............................................................................17

    MANAGEMENT HIERARCHY:.................................................................18

    Critical analysis of the theoretical concepts relating to practical

    experiences...............................................................................................19

    Marketing strategy.................................................................................19

    Boss Puro............................................................................................19

    Boss....................................................................................................19

    VIP.......................................................................................................20

    Major competitors of the BOSS..............................................................20

    Super Asia Group................................................................................20

    APPLE STEEL & PLASTIC FURNITURE INDUSTRY..................................20

    Unique Global Industries PVT LTD.......................................................20

    FORTUNE ENTERPRISES......................................................................21

    Al-Madina Plastic Industry: Tiger Plastic Furniture..............................21

    Haider Electrical Industry (Moulded Plastic Furniture Manufacturers &

    Exporters)...........................................................................................21

    STYLE PLASTIC FURNITURE.................................................................21

    Style Plastic Furniture.........................................................................21

    A-ONE PLASTIC INDUSTRY...................................................................21

    Chaudary Engineering Company, Toyo Group of Industries................21

    Citizen International Plastic Industries................................................22

    Success and failure of different products...............................................23

    B-616..................................................................................................23

    B-611..................................................................................................23

    Future prospects of the organization.....................................................23

    Overview of the Departments Where I Served Internship.........................24

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    Functions and operations.......................................................................24

    Marketing...............................................................................................24

    Focus on the Customer.......................................................................24

    Monitor the Competition.....................................................................24

    Find & Direct Outside Vendors............................................................24

    Create New Ideas................................................................................24

    Communicate Internally......................................................................24

    Understand the ROI.............................................................................24

    Set the Strategy..................................................................................25

    Plan the Attack and execute it............................................................25

    Human resource.....................................................................................25

    Hiring..................................................................................................25

    Promotions..........................................................................................25

    Salary determination...........................................................................25

    Performance appraisal........................................................................25

    Personnel data entry and records maintenance.................................26

    Consultation and advisory services to management and employees.26

    Policy development.............................................................................26

    Technical policy interpretation............................................................26

    Benefits...............................................................................................26

    Employee assistance referral..............................................................27

    Workers' compensation.......................................................................27

    Finance...................................................................................................27

    Adequate funds...................................................................................27

    Cost control.........................................................................................27

    Adequate cash flow.............................................................................27

    Control profitability.............................................................................28

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    Maintenance of financial records........................................................28

    Payment of bills and expenses............................................................28

    Collection of bills due..........................................................................28

    Monitoring of funds.............................................................................28

    Payment of wages and salaries...........................................................28

    Short-falls/weaknesses...........................................................................29

    SWOT Analysis:...................................................................................29

    Strength:.............................................................................................29

    Weaknesses:.......................................................................................29

    Opportunities:.....................................................................................29

    Threats:...............................................................................................29

    Critical analysis of the management patterns, weak areas that need to

    be improved...........................................................................................30

    Responsibilities as a student Internee.......................................................30

    Goals of internship.................................................................................30

    Accomplishments...................................................................................30

    Problems encountered...........................................................................31

    Interesting about my internship.............................................................31

    New knowledge gain..............................................................................31

    Conclusions of internship..........................................................................32

    Recommendations for improvement.........................................................32

    Annexes.................................................................................................34

    Annexes

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    Introduction

    Introduction to plastic

    A plastic material is any of a wide range of synthetic or semi-synthetic

    organic solids used in the manufacture of industrial products. Plastics are

    typically polymers of high molecular mass, and may contain other

    substances to improve performance and/or reduce production costs.

    Monomers of plastic are either natural or synthetic organic compounds.

    The wordplastic is derived from the Greek (plastikos) meaning

    capable of being shaped or molded, from (plastos) meaning

    molded.[1][2] It refers to their malleability, or plasticity during manufacture,

    that allows them to be cast, pressed, or extruded into a variety of shapes

    such as films, fibers, plates, tubes, bottles, boxes, and much more.

    The common word plastic should not be confused with the technical

    adjective plastic, which is applied to any material which undergoes a

    permanent change of shape (plastic deformation) when strained beyond a

    certain point. Aluminum which is stamped or forged, for instance, exhibits

    plasticity in this sense, but is not plastic in the common sense; in contrast,

    in their finished forms, some plastics will break before deforming and

    therefore are not plastic in the technical sense.

    There are two types of plastics: thermoplastics and thermosetting

    polymers. Thermoplastics are the plastics that do not undergo chemical

    change in their composition when heated and can be moulded again andagain; examples are polyethylene, polypropylene, polystyrene, polyvinyl

    chloride and polytetrafluoroethylene (PTFE).[3] Thermosets can melt and

    take shape once; after they have solidified, they stay solid.

    The raw materials needed to make most plastics come from petroleum

    and natural gas.[4]

    http://en.wikipedia.org/wiki/Organic_chemistryhttp://en.wikipedia.org/wiki/Polymerhttp://en.wikipedia.org/wiki/Molecular_masshttp://en.wiktionary.org/wiki/plastichttp://en.wikipedia.org/wiki/Greek_languagehttp://en.wikipedia.org/wiki/Plasticity_(physics)http://en.wikipedia.org/wiki/Castinghttp://en.wikipedia.org/wiki/Pressinghttp://en.wikipedia.org/wiki/Extrudedhttp://en.wikipedia.org/wiki/Artificial_membranehttp://en.wikipedia.org/wiki/Synthetic_fiberhttp://en.wikipedia.org/wiki/Plastic_deformationhttp://en.wikipedia.org/wiki/Aluminumhttp://en.wikipedia.org/wiki/Thermoplastichttp://en.wikipedia.org/wiki/Thermosetting_polymerhttp://en.wikipedia.org/wiki/Thermosetting_polymerhttp://en.wikipedia.org/wiki/Polyethylenehttp://en.wikipedia.org/wiki/Polypropylenehttp://en.wikipedia.org/wiki/Polystyrenehttp://en.wikipedia.org/wiki/Polyvinyl_chloridehttp://en.wikipedia.org/wiki/Polyvinyl_chloridehttp://en.wikipedia.org/wiki/Polytetrafluoroethylenehttp://en.wikipedia.org/wiki/Petroleumhttp://en.wikipedia.org/wiki/Natural_gashttp://en.wikipedia.org/wiki/Organic_chemistryhttp://en.wikipedia.org/wiki/Polymerhttp://en.wikipedia.org/wiki/Molecular_masshttp://en.wiktionary.org/wiki/plastichttp://en.wikipedia.org/wiki/Greek_languagehttp://en.wikipedia.org/wiki/Plasticity_(physics)http://en.wikipedia.org/wiki/Castinghttp://en.wikipedia.org/wiki/Pressinghttp://en.wikipedia.org/wiki/Extrudedhttp://en.wikipedia.org/wiki/Artificial_membranehttp://en.wikipedia.org/wiki/Synthetic_fiberhttp://en.wikipedia.org/wiki/Plastic_deformationhttp://en.wikipedia.org/wiki/Aluminumhttp://en.wikipedia.org/wiki/Thermoplastichttp://en.wikipedia.org/wiki/Thermosetting_polymerhttp://en.wikipedia.org/wiki/Thermosetting_polymerhttp://en.wikipedia.org/wiki/Polyethylenehttp://en.wikipedia.org/wiki/Polypropylenehttp://en.wikipedia.org/wiki/Polystyrenehttp://en.wikipedia.org/wiki/Polyvinyl_chloridehttp://en.wikipedia.org/wiki/Polyvinyl_chloridehttp://en.wikipedia.org/wiki/Polytetrafluoroethylenehttp://en.wikipedia.org/wiki/Petroleumhttp://en.wikipedia.org/wiki/Natural_gas
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    Types of plastics

    Plastics type marks: the resin identification code

    PET (PETE), polyethylene terephthalate

    HDPE, high-density polyethylene

    PVC, polyvinyl chloride

    LDPE, low-density polyethylene,PP, polypropylene

    PS, polystyrene

    The plastic use for the molding of plastic furniture is

    polypropylene

    Plastic industry in Pakistan

    That is a timeline of plastic production in Pakistan and that shows the

    maximum production is going on in that sector know a days in 2010 and

    2011

    1949 Welcome To Naseem Group

    www.naseemgroup.com/home.php

    1949 - In 1949, Naseem Plastic Industries started its production

    with Plastic flowers & plants in the heart of the then Capital city

    ofEast Pakistan, Dhaka, at 187, Nawabpur Road under the

    Proprietorship of Mr. Irshad Ali Khan. Within a short span of

    time, the company was recognized as the best Plastic products

    manufacturing industry of the country. Soon the production got

    http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1949,tlh:1949&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDgQzQEwAAhttp://www.naseemgroup.com/home.phphttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=east%20pakistan&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDsQ0AEwAAhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=east%20pakistan&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDsQ0AEwAAhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=irshad%20ali&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDwQ0AEwAAhttp://en.wikipedia.org/wiki/File:Resin-identification-code-5-PP.svghttp://en.wikipedia.org/wiki/File:Resin-identification-code-7-OTHER.svghttp://en.wikipedia.org/wiki/File:Resin-identification-code-6-PS.svghttp://en.wikipedia.org/wiki/File:Resin-identification-code-5-PP.svghttp://en.wikipedia.org/wiki/File:Resin-identification-code-4-LDPE.svghttp://en.wikipedia.org/wiki/File:Resin-identification-code-3-V.svghttp://en.wikipedia.org/wiki/File:U+2674_DejaVu_Sans.svghttp://en.wikipedia.org/wiki/File:Resin-identification-code-1-PETE.svghttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1949,tlh:1949&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDgQzQEwAAhttp://www.naseemgroup.com/home.phphttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=east%20pakistan&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDsQ0AEwAAhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=irshad%20ali&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CDwQ0AEwAA
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    rapid boost on the basis of increasing demand.

    1983 Spirit IndustryFree Research Papers 41 - 60

    www.oppapers.com/subjects/spirit-industry ...

    Oct 1983 - Competiotor Of Mohan Meaken beverages, a fast-

    food pizza chain and several medium and small scale industrial

    units. Upon assuming the position ofChairman in October 1983,

    Dr. Mallya... The Latest Trends In Marketing Methods In The

    Brewing Industrystadiums. Theplastic bottle is more

    convenient all around. TARGET GROUPS OF THE BEER INDUSTRY

    Main Consumers of Beer Products Every product has a group... It

    IndustryIn Pakistan rich quick success ...

    199

    8

    Economic Review articles from April 1998 back issues | HighBeam

    www.highbeam.com/Economic+Review/publications ...

    Apr 1, 1998 -Apr 01, 1998 ... Althoughplastic money has been

    around in Pakistan for almost three decades, there was very

    little activity up till the eighties, with the card industryservicing

    only foreigners visiting Pakistan. The nineties however, saw a

    favorable trend for consumer credit instruments with the ...

    United Bank Limited - a brief introduction.

    200

    1

    Pakistan's Environmental Nightmare - Page 1 - News - New York -

    Village www.villagevoice.com/2001-11-27/news/pakistan ...

    Nov 27, 2001 - In Korangi, the center of Karachi's leather

    industry, a main thoroughfare runs alongside a nalla brimming

    with brown toxic waste laced with ... Tens of thousands of

    children tread the city streets, stooped like old men, eyes fixed

    on the ground, burlap sacks full ofplastic, paper, ...

    http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1983,tlh:1983&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEAQzQEwAQhttp://www.oppapers.com/subjects/spirit-industry-page3.htmlhttp://www.oppapers.com/subjects/spirit-industry-page3.htmlhttp://www.oppapers.com/subjects/spirit-industry-page3.htmlhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=chairman&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEMQ0AEwAQhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=dr%20mallya&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEQQ0AEwAQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1998,tlh:1998&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEgQzQEwAghttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1998,tlh:1998&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEgQzQEwAghttp://www.highbeam.com/Economic+Review/publications.aspx?date=199804http://www.highbeam.com/Economic+Review/publications.aspx?date=199804http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2001,tlh:2001&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEwQzQEwAwhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2001,tlh:2001&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEwQzQEwAwhttp://www.villagevoice.com/2001-11-27/news/pakistan-s-environmental-nightmare/http://www.villagevoice.com/2001-11-27/news/pakistan-s-environmental-nightmare/http://www.villagevoice.com/2001-11-27/news/pakistan-s-environmental-nightmare/http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1983,tlh:1983&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEAQzQEwAQhttp://www.oppapers.com/subjects/spirit-industry-page3.htmlhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=chairman&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEMQ0AEwAQhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=dr%20mallya&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEQQ0AEwAQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1998,tlh:1998&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEgQzQEwAghttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:1998,tlh:1998&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEgQzQEwAghttp://www.highbeam.com/Economic+Review/publications.aspx?date=199804http://www.highbeam.com/Economic+Review/publications.aspx?date=199804http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2001,tlh:2001&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEwQzQEwAwhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2001,tlh:2001&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CEwQzQEwAwhttp://www.villagevoice.com/2001-11-27/news/pakistan-s-environmental-nightmare/http://www.villagevoice.com/2001-11-27/news/pakistan-s-environmental-nightmare/
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    2002 JAPAN TO EVALUATE FOUR PAKISTANI INDUSTRIAL PROJECTS.

    goliath.ecnext.com/premium/0199/0199-1813186.html

    Jun 3, 2002 - The projects are plastic processing, metal

    processing, cotton textile processing plants and up gradation ofauto part industry. The commerce minister remarked that

    Pakistan was eager to develop and expand its textile and

    industrial base, for whichJapanese grant would play a vital role.

    ...

    Related web pages

    2003busine06

    www.island.lk/2003/08/10/busine06.html

    Aug 10, 2003 - The multimillion dollar Packages Group of

    Pakistan has reached a joint venture agreement with Phoenix

    Ventures Limited, a lead player in the plastic industryhere, to

    set up a factory for manufacturing Blaxially Oriented

    Polypropylene Film (BOPP) a flexible packaging material used

    ...

    2005 Reliance eyes Pakplastic co - Rediff.com Business

    inhome.rediff.com/money/2005/may/10ril.htm

    May 10, 2005 - The Reliance [ Get Quote ] group is planning to

    buy the plastics business of a well-known company in Pakistan

    for about $300 million, industry sources said on Monday.

    Reliance, market leader in polyster business in India [ Images ],

    is said to be keen on acquiring theplastics business ...

    2006 BASF TEAM EXPLORES INVESTMENT OPPORTUNITIES IN

    PAKISTAN.

    goliath.ecnext.com/premium/0199/0199-5858483.html

    Oct 18, 2006 - While giving an overview of Pakistan's Plastic

    Industrythe EDB officials said that during 200405 $714 million

    http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2002,tlh:2002&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFAQzQEwBAhttp://goliath.ecnext.com/premium/0199/0199-1813186.htmlhttp://goliath.ecnext.com/premium/0199/0199-1813186.htmlhttp://goliath.ecnext.com/premium/0199/0199-1813186.htmlhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=japanese&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFEQ0AEwBAhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&q=2002+asia+japan+japanese+minister+pakistan+pulse&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFMQzgEwBAhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2003,tlh:2003&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFUQzQEwBQhttp://www.island.lk/2003/08/10/busine06.htmlhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=ventures%20limited&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFYQ0AEwBQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2005,tlh:2005&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFoQzQEwBghttp://inhome.rediff.com/money/2005/may/10ril.htmhttp://inhome.rediff.com/money/2005/may/10ril.htmhttp://inhome.rediff.com/money/2005/may/10ril.htmhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=reliance&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFsQ0AEwBghttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=india&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFwQ0AEwBghttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2006,tlh:2006&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGAQzQEwBwhttp://goliath.ecnext.com/premium/0199/0199-5858483.htmlhttp://goliath.ecnext.com/premium/0199/0199-5858483.htmlhttp://goliath.ecnext.com/premium/0199/0199-5858483.htmlhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2002,tlh:2002&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFAQzQEwBAhttp://goliath.ecnext.com/premium/0199/0199-1813186.htmlhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=japanese&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFEQ0AEwBAhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&q=2002+asia+japan+japanese+minister+pakistan+pulse&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFMQzgEwBAhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2003,tlh:2003&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFUQzQEwBQhttp://www.island.lk/2003/08/10/busine06.htmlhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=ventures%20limited&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFYQ0AEwBQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2005,tlh:2005&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFoQzQEwBghttp://inhome.rediff.com/money/2005/may/10ril.htmhttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=reliance&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFsQ0AEwBghttp://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=india&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CFwQ0AEwBghttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2006,tlh:2006&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGAQzQEwBwhttp://goliath.ecnext.com/premium/0199/0199-5858483.htmlhttp://goliath.ecnext.com/premium/0199/0199-5858483.html
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    worth of plastic was imported out of which $381 million was

    spent on polyethylene (PE) and polypropylene (PP) PE & PP

    constitute 53 percent of total plastic imports.

    2007 developments in the region and abroad

    www.thefinancialexpress-bd.com/more.php ...

    Sep 15, 2007 - ISLAMABAD, Sept 14(Agencies): Former Prime

    Minister Benazir Bhutto will return to Pakistan from an eight-

    year exile on Oct. 18 to campaign for ...plastic bags to the

    cement manufacturers for packing and transporting of the

    commodity were unable to meet the demand of the industry. ...

    201

    1

    Daily Times - Leading News Resource ofPakistan

    www.dailytimes.com.pk/default.asp?page ...

    Jul 15, 2011 - On the other hand, Pakistan's plastic products could

    dominate Indian market, but with a higher cost. This is largely due

    to the machinery imported by the Pakistan plastic industry from

    Taiwan, Korea and Germany while the machinery can be made

    available from India at competitive prices. ...

    Overview of the organization

    Organization history

    Pakson International Plastic Industry was founded in 1991, and has been

    working to produce high quality Moulded Furniture and households. The

    brand name of Pakson Industries in Pakistan is BOSS. Over the years BOSS

    has earned great respect in markets all over the country.

    The company strictly keeps the image of a sovereign brand and honesty

    as its priority. The company has clear goals which states the complete

    well coordinated molded furniture, plastic steel furniture & households

    http://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2007,tlh:2007&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGQQzQEwCAhttp://www.thefinancialexpress-bd.com/more.php?news_id=11262http://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=benazir%20bhutto&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGUQ0AEwCAhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2011,tlh:2011&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGkQzQEwCQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2011,tlh:2011&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGkQzQEwCQhttp://www.dailytimes.com.pk/default.asp?page=story_26-7-2005_pg5_5http://www.dailytimes.com.pk/default.asp?page=story_26-7-2005_pg5_5http://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=indian&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGoQ0AEwCQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2007,tlh:2007&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGQQzQEwCAhttp://www.thefinancialexpress-bd.com/more.php?news_id=11262http://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=benazir%20bhutto&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGUQ0AEwCAhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2011,tlh:2011&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGkQzQEwCQhttp://www.google.com.pk/search?q=pakistan+plastic+industry&hl=en&client=firefox-a&sa=X&rls=org.mozilla:en-GB:official&tbas=0&biw=1366&bih=637&tbs=tl:1,tll:2011,tlh:2011&prmd=imvns&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGkQzQEwCQhttp://www.dailytimes.com.pk/default.asp?page=story_26-7-2005_pg5_5http://www.google.com.pk/search?hl=en&client=firefox-a&rls=org.mozilla:en-GB:official&biw=1366&bih=637&tbs=tl:1&q=indian&sa=X&ei=OJ94TujlGsec0QWZwcGTDQ&ved=0CGoQ0AEwCQ
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    etc. The statement clearly shows that the company keeps it employees

    motivated towards providing high quality products.

    Pakson International Plastic Industry (BOSS) has supreme and professional

    services, policies of competitive prices, strict quality control and regulardelivery is the cause of its success. Pakson International Plastic Industry

    (BOSS) did it, thanks to the brand name BOSS which consistently kept

    capturing our nerves for designing and producing only the best. Credit

    goes to its valued customers who appreciated BOSS products and opted

    to buy value for their money.

    From the choice of raw materials 100% Pure Furniture Grade Resin

    production system to a rigorous quality control procedure and in accord to

    international standard, so that BOSS products has achieved the quality

    that fulfill the high stated standards.

    Quality Standards:

    Presently, Pakson International Plastic Industry (BOSS) has its

    technical, high quality production and marketing networks all over the

    country and as well as other parts of the world. Our products

    manufactured by 100% Pure Furniture Grade Resin which is imported

    from Australia, Korea, Thailand, Hong Kong and Saudi Arabia and color

    Master batches are very high quality.

    Research & Development:

    The ongoing commitment to the concept of human space cannot be

    separated from the support of the department of research and

    development. This department is fully equipped with high technology

    laboratory, computerized design system and of course competent

    researchers.

    By stressing the factors of safety comfort, Pakson Intl Plastic Ind., has

    been funding for various research projects and development. Resulting

    from this research, our concern is producing beautiful ready to use plasticchairs and tables. Research has been proven that only 15 minutes after

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    sitting, one will feel the Stiffness in the back upper arms and sore tired

    shoulders.

    It is the responsibilities of research and development department to find

    ways to extend the period of time one can sit before experiencing. To dothis BOSS has spent years of researches to find the best size and type

    of seat to support the sitting comfort. There is no doubt that research and

    development is one of the main factors for our success.

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    Certifications:

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    Nature of the organization

    Boss

    is

    privately owned company and based on partnership of two brothers Mr.

    Azam and Mr. Asif and know a days their children are working with them

    and all of them have their own shares in the business and their business

    consist on two companies Koh-i-nor and boss plastics. The Koh-i-nor

    industries deals with home appliances and boss plastics deal with the

    plastic furniture

    Number of employees

    In the boss plastics they have 125 employees all of them are registered

    with the social security services of Pakistan

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    Product lines

    Plastic Chairs

    Plastic Chair without Handle

    Our range of Plastic Chair without Handle is widely acknowledged for its

    comfortable sitting and long functional life.

    Used in cyber cafes, waiting rooms and other

    such places, the range is procured from all the

    most trustworthy vendors. Our business

    associates never compromise with the quality

    of the range and work in accordance with the set

    quality parameters.

    Plastic ChairWe put forward a range of Plastic Chair that is

    known for its rigid construction and exquisite

    designs. Our vendors make use of quality raw

    material, new technologies and certified

    machines for manufacturing the range. The

    range has carved a niche in the entire market,

    owing to its unmatched attributes.

    Revolving Chairs

    Boss offers a fine selection of Adjustable Revolving Chair that suits all

    types of interior and decor. It is portable and

    provides various seating and back positions for

    the comfort of the users. With the black andwhite colour combination, this adjustable

    revolving chair is very popular in the market for

    its durability. It is light weight made by the high

    grade raw materials. We manufacture these

    chairs in various colours, shapes, sizes and

    designs as per the requirement of our clients.

    http://www.bossplas.com/plastic-chairs.htmlhttp://www.bossplas.com/executive-revolving-cahirs.htmlhttp://www.bossplas.com/plastic-chairs.htmlhttp://www.bossplas.com/executive-revolving-cahirs.html
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    Steel plastic furniture

    We are engaged in offering an extensive range of

    restaurant and cafeteria furniture. It is manufactured

    using quality material like wood, stainless steel,plastic polymer and available in various patterns &

    designs. Our range of restaurant & cafeteria

    furniture is highly appreciated for its beautiful

    designs, attractive color combinations, durability and

    proper finishing.

    Public Sofa

    A modular seating system of simple classic lines

    suitable for external and interior use .The tubular

    framework and wide seat pans give the Public

    seating range a distinctive appearance which will

    contribute to the character of any scheme. Bench

    seating units are standard single and double sided

    with tubular frames and armrests. Public seats are

    available in single, double or triple seat modules

    with perforated or upholstered seat pans or as

    timber bench units.

    Snack Tables

    We offer our clients a wide collection of Plastic

    Table & Chair that enhances the overall look of theinterior of the place. Our range of Table & Chair is

    designed in accordance with the current trends

    prevailing in the market. These chairs have smooth

    and fine polish and are available in both standard &

    customized shapes, designs and colour as per the

    clients' requirements.

    http://www.bossplas.com/public-sofa.htmlhttp://www.bossplas.com/snack-table.htmlhttp://www.bossplas.com/public-sofa.htmlhttp://www.bossplas.com/snack-table.html
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    School Furniture

    Classroom furniture School desk and chair for

    college and University Aluminium alloy back and

    seat frame 7 years of warranty School desk andchair for college and University Aluminium alloy

    back and seat frame Fireproof board for seat

    and table Two or three or four or five seats in

    one row

    Baby Furniture

    Steel pipe, cleaned by sand-blasting, then coated

    with phosphate solution and with finished with

    electro-static powder coating .Designed under the

    scientific principle of human mechanics and

    kinematics.

    House Hold

    http://www.bossplas.com/school-furniture.htmlhttp://www.bossplas.com/baby-furniture.htmlhttp://www.bossplas.com/home-furniture.htmlhttp://www.bossplas.com/school-furniture.htmlhttp://www.bossplas.com/baby-furniture.htmlhttp://www.bossplas.com/home-furniture.html
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    Organizational structure

    Main office

    PAKSON INTERNATIONAL PLASTIC INDUSTRIES

    Address: 49-A, S.I.E. No.1, Gujranwala, Pakistan.

    Tel: +92-55-3842891 ~ 7 (7-Lines)

    Fax: +92-55-3250167

    Email:

    [email protected]

    [email protected]

    VISION:

    We provide our customers with value added plastic furniture; we present

    excellent customer services and are enhancing peoples lives.

    MISSION STATEMENT:

    to provide quality products & services to the complete satisfaction of

    our customers and maximize results for all stakeholder through optimal

    use of resources.

    to focus on personal development of our Human Resources to meet

    future challenges.

    to promote good governance, corporate values and social

    responsibility.

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    MANAGEMENT HIERARCHY:

    Critical analysis of the theoretical concepts

    relating to practical experiences

    Marketing strategy

    They are the market trend setter and the market leader in all plastic

    brands in Pakistan .basically they are c competing in the market with

    three different class of plastic to overcome the all level of customers

    Boss puro

    Boss

    VIP

    Boss Puro

    This brand is for elite class and consist of pure plastic and no chock

    involve in it and due to its cost nobody prepare in the Pakistan except

    boss that why they have no competitors in local market in that class and

    most of this brand is exported in different international markets like

    Afghanistan ,Sirilanka etc

    Only international competitors are present due to high level of cost on the

    material for producing the plastic furniture and less market demand than

    other type of material they produce domestic competition is absent

    because the machinery they are using is very high cost and no one want

    to bear that much high fixed cost in the domestic market

    They

    Boss

    This is the second class brand and this brand is to reach middle class of

    Pakistan and to compete in the local market this brand is not pure in have

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    chock involvement but not in extreme level only to reach to compete in

    local market High level of domestic and international competition

    VIP

    This brand is for low class people in the market in the cheapest brand of

    the boss and almost 25% chock is involved in this class and only for

    domestic low level competition and they are running it quite well

    Due to three levels of brands they have three levels of competitors

    Major competitors of the BOSS

    Super Asia Group

    +92-55-4272801

    Super Asia Muhammad Din Sons Limited: G.T. Road, Gujranwala, Pakistan

    Super Asia Group was founded in 1975 by Mian Muhammad Din at a very

    small level. Today, it is a conglomerate of companies with diversified

    range of businesses including; Home Appliances Automobiles Insulation

    and Packing Materials Fast Food Burger

    APPLE STEEL & PLASTIC FURNITURE INDUSTRY

    +92-55-3256951

    Ashraf Engineering Works, Saharan Street, Mohallah

    Sultan Mahmood, Khokharki, Sialkot Road, Gujranwala

    Adding Luxury to Life We are working in the field of

    Steel Plastic Furniture since 1999 and providing

    superior quality steel frames to the major industry players, for example,

    BOSS Moulded Furniture, VENUS Plastic Furniture, TOYO Furniture and

    other

    Unique Global Industries PVT LTD

    +92-55-4232382

    By Pas Road, Near Nawab Chowk, Mughal State,

    Gujranwala

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    Unique Global Furniture established in 2005. We produce high class

    furniture both in plastic and steel materials. We started production of high

    grade plastic accessories in 2009. Today Unique Global Furniture is

    recognized as one of the renowned plastic moulded furniture in the area

    FORTUNE ENTERPRISES

    +92-300-2912095

    Plot # : 13-D, Block-6, Nursery Market, P.E.C.H.S,

    Karachi

    FORTUNE ENTERPRISES

    Al-Madina Plastic Industry: Tiger Plastic Furniture

    +92-55-3892425

    Mandiala More, Near Jahangir Marriage Hall, Gulshan Colony, G.T Road,

    Gujranwala, Punjab Pakistan

    Haider Electrical Industry (Moulded Plastic Furniture

    Manufacturers & Exporters)

    +92-55-3255257

    Plot No 51-A, Small Industrial Estate No 1, G.T Road, Gujranwala, Pakistan

    Categories: Washing Machines & Dryers Wholesale & Manufacturers

    STYLE PLASTIC FURNITURE

    +92-333-3393000 Climaxabad, G.T Road, Gujranwala, Pakistan

    Style Plastic Furniture

    +92-55-3254170

    G.T. Road, Climaxabad, Gujranwala, Pakistan

    A-ONE PLASTIC INDUSTRY

    +92-55-4232558

    Street Darbar Qadria, Hafizabad Road, Gujranwala

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    Categories: Office Furniture & Equipment Retail, Office Furniture &

    Equipment M...

    Chaudary Engineering Company, Toyo Group of Industries

    +92-55-111805805

    Small Industrial Estate No 2, Near Khaiali by Pass, Gujranwala, Pakistan

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    Citizen International Plastic Industries

    +92-55-4275574

    G.T Road, Gujranwala, PakistanAll the industry of plastic moulding in Pakistan is almost in Gujranwala and

    therefore it is really easy to judge which company is growing and gaining

    market share and boss is growing and gaining market share very quickly

    all over the Pakistan franchise system helps boss to grow and spread all

    over the Pakistan and due to high quality products they are gaining more

    market share than other competitors

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    Success and failure of different products

    B-616

    This the most successful brand in the market of plastic chair from boss the

    reasons behind the brands success are

    low price due to low weight

    beautiful design

    more comfortable

    big size

    B-611

    This plastic chair brand is the biggest failure they have yet due to

    high price high weight

    more breakage

    small size

    Future prospects of the organization

    Planning to invest in the new projects

    Baby diaper

    Denim

    Rice processing

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    Overview of the Departments Where I Served

    Internship

    Functions and operations

    Marketing

    In the marketing department 40+ employees are working in which 15+

    are field workers and others are office staff during their work they must

    perform the certain task to fulfill their jobs

    Focus on the Customer

    For the marketing guy it is real need of him to be focused to the need of

    customer all the time and always ready for customers demand and fulfill it

    whatever it takes.

    Monitor the Competition

    The marketing force have very strict eye on the competition of the

    brand .and do whatever it takes to be ahead of competitors

    Find & Direct Outside Vendors.

    It is the duty of marketers to find out direct venders but management

    always appreciate the big and bulk orders

    Create New Ideas.

    The new ides are created by the marketing force for the marketing of the

    certain product but the new product is always generated by R&D

    department

    Communicate Internally.

    The information of competitors are always communicated internally by

    marketing department

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    Understand the ROI.

    For being the marketing guy you must understand the return on

    investment to transfer this information to your customer

    Set the Strategy

    In the pakson industries marketing guys do adjust the strategies about the

    marketing of the product and how to cope with the competitors strategy

    Plan the Attack and execute it

    Most of the time they plain the plain against competitors of competing

    brand and execute it by their self

    Human resource

    This department is not the strong one of the organization because they

    have only 5 employees in that department except security staff which

    have 18 members but they have to do a lot of work for the employees and

    the organization to carry on during their hard work they perform certain

    task which are as follows

    Hiring

    the major elements in the process are 1) the definition of the job itself,

    often a formal job description rendered on paper, an important aspect of

    which is determination of the compensation to be paid; 2) a process of

    recruitment; 3) prospective employee interviews; 4) the job offer and

    related negotiations (if any); 5) registration of the employee and relatedintroductions and orientations; and 6) some kind of job training which may

    be minimal or may involve formal training programs. The hire may be a

    permanent or temporary employee; this status will also influence the

    process.

    Promotions

    The hr persons do promotions of different persons on the basis of their

    performance appraisal

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    Salary determination

    Most of the time the salary of an employee is determined by hr manager

    Performance appraisal

    A performance appraisal is a part of guiding and managing career

    development. It is the process of obtaining, analyzing, and recording

    information about the relative worth of an employee to the organization.

    Performance appraisal is an analysis of an employee's recent successes

    and failures, personal strengths and weaknesses, and suitability for

    promotion or further training. It is also the judgment of an employee's

    performance in a job based on considerations other than productivity

    alone.

    Personnel data entry and records maintenance

    Personal data are entered at the start of every job and records are

    maintained by hr department and all the work is updated and rechecked

    every six month

    Consultation and advisory services to management and

    employees

    The hr department handles the problems regarding employees work

    performance and also the personal problems of employee which not let

    him work

    Policy development

    They also take part in policy development regarding security problems

    and the employee work place environment

    Technical policy interpretation

    Whenever a new policy is implemented they have to describe it to every

    empoyee

    http://en.wikipedia.org/wiki/Career_developmenthttp://en.wikipedia.org/wiki/Career_developmenthttp://en.wikipedia.org/wiki/Productivityhttp://en.wikipedia.org/wiki/Career_developmenthttp://en.wikipedia.org/wiki/Career_developmenthttp://en.wikipedia.org/wiki/Productivity
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    Benefits

    Employee registration in Pakistan social security

    When labor is registered to SSSP then SSSP protects him againsteconomic and social distress and help him to cover especially in case of

    illness, maternity, employment injury, unemployment, and give him old

    age allowance. but the organizations in the small industrial sector of

    Pakistan does not pay much attention toward this due to expense,

    employee authority, etc but boss gives their employees a chance to get

    that bonus in that way they get tax help from the government and other

    benefits which other organization dont have

    Employee insurance

    All the employees of boss are insured and any injury in the case of an

    employee at the work place will give him medical care and insurance

    policy

    Employee child education

    One child of employee got education from the organization bank of every

    employee

    Medical care

    The organization has a system to help the employees who needs medical

    attention for that purpose they got dispensary at the work place and any

    worker can take advantage of that

    Retirement funds

    Every employee got retirement fun after he retire from the organization

    and the amount of fund depends on the time he spent and on what post

    he is working at the time of retirment

    Employee assistance referral

    The department has to assistance referral for the employee and decides

    who needs what from organization

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    Workers' compensation

    The policy of worker compensation is derived through this department

    and after passing through the higher management has to decide what

    they should implement

    Finance

    In the finance department 6 employees are serving in which 2 are finance

    professional 3 accountant and a budget manager they have to perform

    certain duties during their jobs in the department

    Adequate funds They all work really hard to ensure that there are adequate funds

    available to acquire the resources needed to help the organization

    achieve its objectives

    Cost control

    They must have to ensure costs of every project are controlled and if not

    they have to inform certain authorities to check the project what is wrong

    with it

    Adequate cash flow

    They must have to check the cash flows daily are they going up to

    expectation or not only and only are the person working in finance are

    responsible for any kind of delay in the information regarding misbehaviorof cash flows

    Control profitability

    The responsibility of finance manager is very big regarding profitability of

    the project if the profitability is decrease from the previous record of profit

    then the finance department needs to check it what happened and what

    factors are behind the cause if the factors are controllable then tell the

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    certain authorities and if the mistake is from finance side then control it

    by its own management

    Maintenance of financial recordsIt is really necessary to keep the record of the financial data of the

    company for a long period of time and boss did it by a lethal management

    information system they have every transaction from previous 10 years

    they spent and they maintain it semi annually and report it higher

    management

    Payment of bills and expenses

    The finance department is responsible of payment of bills of the company

    and bears all the expenses with its transactions

    Collection of bills due

    They are mention the bill dues to higher management and management

    describes what strategy they want to apply to cope with due bills

    Monitoring of funds

    Funds of Dispensary and other social works which have been run by the

    company are also monitored by this department

    Payment of wages and salaries

    At end of every job and they pay the wages and salaries most of the work

    force earn their salaries weekly bases and the Thursday is the payment

    day of all the workers and really busy day for finance sector

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    Short-falls/weaknesses

    SWOT Analysis:

    Strength:

    Good Brand Image.

    Pioneer in Plastic chairs.

    Cover almost 60% of the total sale of plastic chairs in Pakistan.

    Manufacture huge range of plastic products as never other company

    manufacture.

    Quality Products based on the best available raw materials.

    A wide range of plastic chairs (main product) and other products.

    Strong financial position due to strong background of the CEO.

    Qualified and skilled labor in the region.

    Adoption of new technology

    Weaknesses:

    Weak corporate culture (lack of communication among the

    departments).

    Employees are under stress by the management.

    Non participative management.

    Lack of fully functional and authorized HR department

    Opportunities:

    Large domestic markets (lack of customers for Chinese products).

    Company has good market image so they can add new product lines

    Threats:

    Low price competitors are the main threats for the company. (Toyo,

    Citizen and other local firms)

    Threats from Chinese market due to low price products of same

    range.

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    Critical analysis of the management patterns, weak

    areas that need to be improved.

    Weak corporate culture (lack of communication among the

    departments).

    Employees are under stress by the management.

    Non participative management.

    Lack of fully functional and authorized HR department

    Responsibilities as a student Internee

    Goals of internship

    Internship goals are never easy to achieve but I can that Yes, I achieved

    my internship goals to a great extent .Learning many new things. As far

    as the book study is concerned, it is a totally different feeling, but when I

    was out there in the practical life I experienced it as a very interesting

    thing. Staying with the executives, dealing with the people at market

    place really helped me develop confidence and further improve my

    communication skills.

    At the site working with the different department, i.e.; the HR Department,

    Finance Department, Marketing Department, allowed me to obtain vast

    knowledge which I could not get through books. Handling tough and

    unexpected scenarios at my best was an ability that I was able to polish at

    the site.

    Accomplishments

    I accomplished my goals conveniently and I learned that the practical life

    is much more difficult than I expected it to be. The book knowledge has to

    be gained by just sitting in one place whereas in the real practical life onehas to cope with ever changing environment.

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    Problems encountered

    The internship was full in the sense that I was expected it to be quite

    relaxed environment where we would be allowed to do whatever we

    wanted to, of course within the limitation, because we were just internee

    and not permanent employees, but the real experience was totally

    different.

    We had to abide by the firms rules and regulations and strictly look after

    the timings. We were not allowed to come late or go early or any otherrelaxation was not given to us. We had to act as we were told to with the

    duty to report to our senior/ executive after each step.

    Interesting about my internship

    There was nothing interesting, except that we had to face an injury when

    a worker was seriously injured at the factory due to the lack of safety

    equipment provided by the firm. This was yet another new experience for

    me. Although the company provides the worker with the basic safety

    equipment but there is a lack of awareness in the workforce

    New knowledge gain

    The Internship at the Pakson Plastic Industry was a prestigious experience

    and an opportunity of the lifetime for me. During my internship period I

    was able to learn and implement new thing into real life. Visiting the

    markets was again a new experience which was quite interesting. We

    learned very much about the dealing of the company with the local and

    international market.

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    Conclusions of internship

    After doing internship with pakson plastic industries I have a great

    knowledge of plastic industry in Pakistan and how much growth is

    available and how rapidly they are growing another thing which I gain

    from this internship is experience of corporate knowledge though the

    company is not doing very well to adopt corporate world but it is too much

    for me to know how they operate in the Pakistani scenario I must admit

    the reality of doing job in these 6 weeks they never let me bother that I m

    an internee in the office everybody on the work place is really helpful to

    me and the feeling of doing a job is a bit fun for me but of course with

    responsibility every day I got different assignment and I have to do my

    own task and I have done really well and after doing all I can conclude

    that I can work in the corporate sector but I must do hard work to carry on

    for a student in front of trained workforce

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    Recommendations for improvement

    The firm is a model of excellence itself and has been awarded many times

    for its services and quality goods. But there is always a room for

    betterment in everything. For the firm I would recommend:

    The company does not pay much attention towards the HR

    department. Most of the decision making authority lies in the hands of

    Managing Directors.

    I concluded that in the organization the departments are not working

    satisfactory therefore there should be a proper integration between all

    departments.

    In the organization there is lake of education therefore company should

    introduce workshops to train their employees.

    For selection of price and new consumers need, company must conduct

    survey.

    The organization has weak culture. The organization must establish the

    strong corporate culture if it want to makes it progress better.

    At the end I would conclude that it was a great experience working with

    Pakson International Plastic Industry. I learned a lot of new things and got

    to the practical exposure. One thing I would conclude that as I have done

    a corporate internship for the first time I got to know that the work the

    organizations took from us was not worthy for the organization. They just

    took our suggestion and kept on testing our knowledge.

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    Annexes

    (Appendix1)

    Cash Discount

    A company XYZ that purchases Finished goods from Pakson Pvt.

    Ltd. which is of worth 0.2 Million Rupees. According to the

    companies policy they give a 10% discount on cash purchased if

    paid after 15 days after delivery. If a company clears its balance

    amount before 15 days then according to the companys policy

    they give 10% + 2% discount on the cash payments. The

    illustration is as follows:

    Price of finished Goods = Rs.200, 000

    Discount given (if paid after 15 days) = 10%

    If he pays after 15 days:

    200000*10%= Rs.20, 000

    So after 15 days the company will have to pay = Rs.1, 80,000

    Now condition 2

    If he pays within 15 days

    Discount given (if paid within 15 days) = 10%+2%

    What 10% + 2% stands for?

    This tells us that the discount of 10% is to be given in any case if

    the customer pays the amount within 15 days. 2%will be given on

    the amount after 10% discount. See the illustration below

    200000*10%= Rs. 20,000

    Remaining amount= 1, 80,000

    The next 2% will be given on the remaining amount.

    Therefore

    180000*2%=3600

    So within 15 days the company will have to pay= Rs.1, 76,400

    Difference between 12% and 10% + 2%:

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    As we have seen that on 10% + 2% discount the amount payable

    within 15 days is

    Rs.1, 76,000And if 12% discount is given on the cash purchased of 0.2 million

    Rupees within 15 days

    Illustration is as follows:

    200,000 * 12% = 24,000

    So the amount payable after the cash discount = 200,000

    24,000

    = Rs.1, 76,000

    This shows that there is a difference of Rs.400.

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    Appendix 2

    The certificate from pakson industries

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    Appendix 3

    Weekly reports

    First week report

    Activities Undertaken

    Date Deptt. Activities

    20 Jul HR

    So called I was the member of interview panel but

    cant ask any question because I was interne.

    21 Jul HR I design the job description of some newly hired

    employed under supervision of HRM manager.

    22 Jul Friday public holiday in the factory

    23 Jul MKT

    They assign me the duty to competitor organization

    & get the cell numbers of some of their top

    managers.

    24 Jul MKTManager assign me the duty to design & display

    some inspirational & kindness posters.Second week report

    Activities Undertaken

    Date Deptt. Activities

    25 Jul HR They assign me the duty to design some packages

    for the encouragement of employees.

    26 Jul HR

    Next day HR department was busy to find out

    reasons & point out some extra precautions required

    for the safety of labor.

    27 Jul HR I study attendance system of labor & managementstaff, as well as I study the in/out system designed

    for employees.

    28 Jul MKTAssistant manager & I were busy for the designing of

    job advertisement.

    29Jul FRIDAY

    30 Jul HR We designed the Ramazan Aftar package for the

    employee under the passed budget.

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    31 Jul HR

    There was one death casualty. I observed how to

    handle legally & ethically such cases. They solved it

    in an ideal way, ethically as well as legally.Third week internship

    Activities Undertaken

    Date Deptt. Activities

    01Aug MKT

    Now Hr manager transferred us to the marketing

    department. Sale manager provided us the dealers

    ledger report of different regions for analytical study

    purpose.

    02 Aug MKT

    We discussed the different packages of sale

    department i.e Salary, t.a, d.a, incentive, target

    designing , etc

    03 Aug MKT

    Now we started taking interest in company

    marketing policies. i.e trade discounts, cash

    discounts, sale packages for dealers.

    04 Aug MKT

    Sale executive guided us how to design the regions.

    We find that the region planning I s an interesting

    job.

    05 Aug Friday

    06 Aug MKTSale manager us an interesting job to find out which

    are is more suitable for the head office and why.

    07 Aug MKTWe rearranged the region of each executive with the

    help of sale managerForth week internship

    Activities Undertaken

    Date Deptt. Activities

    08Aug MKT

    I was on market visit of Lahore for recovery, new

    order and new development plan. I visited Abid

    Market and some others with marketing executive of

    Lahore region.

    09 Aug MKT

    Whole the marketing team was in meeting with MD

    for advertisement plan. Whole day marketing team

    was busy for preparing their own suggestions andpolicies for advertisement plan.

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    10 Aug MKT

    Company decided to introduce franchise system in

    the market and decided to offer franchise with a

    small amount of 5 Lac Rupees through print media.

    11 Aug MKT

    We were assigned a very interesting job prepare

    slogan for add.

    12 Aug Holiday Friday

    13 Aug MKT

    It was the first day of advertisement and that day

    company received 30 calls of those customers who

    wanted to open the franchise in their area. It was a

    big success according to the company hired

    management.(we were looking all these activitiesand observing their reactions and analyzing the

    problems faced by the company and thinking their

    solutions).

    14 Aug Holiday Independence day

    Fifth week internship

    Activities UndertakenDate Dept Activities

    15Aug MKT

    We were getting couching about how to launch

    franchise business & what are their requirements to

    be exclusive.

    16 Aug MKT

    Whole department was busy in launching franchise

    in the local market as company got excellent

    response through in advertisement.

    17 Aug MKT

    A new department was made by the director

    specially to deal franchise business, now I start

    taking interest in franchise department.

    18 Aug MKTNow its the time to complete the stocks & range of

    business required for franchise business.

    19 Aug Holiday Friday

    20 Aug MKTNew agreements made with other business for

    completing electronics range.

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    21 Aug MKT

    Now its the time to call register customer which

    were registered by the customer registration cell. We

    call the 1st 30 customer for visit & introduction of

    business.Last week report

    Activities Undertaken

    Date Dept Activities

    22Aug FIN

    This is last week before eid and last week of

    internship too so We were now moved the Finance

    Department. 1st day finance manager introduce us

    about all the clerical work in the finance department.

    23 Aug FIN2nd day we were try to learn about the company

    format of transactions.

    24 Aug FIN

    Now with the kindness of finance manager we get

    permission to study the company finance software.

    Whole day we were busy to understand the software.

    25 Aug ITToday they show us how they pass entries in the

    software

    26 Aug Holiday Friday

    27 Aug ITThey give us brief intro about how their information

    system works

    28 Aug free

    This our last day at premises of boss plastics so they

    invite us at Aftaar party and give us their well wishes

    and today is half day for me they leave me at 12

    noon