BBA Corporate Internship

PAKSON INTERNATIONAL PLASTIC INDUSTRIES

Internship Advisor

Mr. Suleman Anwar

InterneeHafiz Muhammad Usman 08108170

Internship supervisors

Hafiz Abdul Rehman, Mr. Imran

Gift University, Gujranwala Pakistan

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

to implement what I had learnt from the books and a lot to learn from what I experienced

being out there.

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

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

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

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

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 word plastic is derived from the Greek πλαστικός (plastikos) meaning capable of being

shaped or molded, from πλαστός (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 and again; 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]

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 of East 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 rapid boost on

the basis of increasing demand.

1983 Spirit Industry Free 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 of Chairman in October 1983, Dr. Mallya... The Latest Trends In

Marketing Methods In The Brewing Industry stadiums. The plastic bottle is more

convenient all around. TARGET GROUPS OF THE BEER INDUSTRY Main

Consumers of Beer Products Every product has a group... It Industry In Pakistan

rich quick success ...

1998 Economic Review articles from April 1998 back issues | HighBeam …

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

Apr 1, 1998 - Apr 01, 1998 ... Although plastic money has been around in

Pakistan for almost three decades, there was very little activity up till the

eighties, with the card industry servicing only foreigners visiting Pakistan. The

nineties however, saw a favorable trend for consumer credit instruments with

the ... United Bank Limited - a brief introduction.

2001 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 of plastic, paper, ...

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 of auto part industry. The commerce

minister remarked that Pakistan was eager to develop and expand its textile

and industrial base, for which Japanese 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 industry here, to set up a factory for manufacturing Blaxially Oriented

Polypropylene Film (BOPP) – a flexible packaging material used ...

2005 Reliance eyes Pak plastic 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 the plastics 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 Industry the EDB

officials said that during 200405 $714 million 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. ...

2011 Daily Times - Leading News Resource of Pakistan

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 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 regular delivery 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 Int’l Plastic Ind., has been funding for

various research projects and development. Resulting from this research, our concern is

producing beautiful ready to use plastic chairs and tables. Research has been proven that

only 15 minutes after 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 do this “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.

Certifications:

Nature of the organization

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

Mr. Asif and know a day’s 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

Product lines

Plastic Chairs

Plastic Chair without HandleOur 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 and

white 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.

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 the interior 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.

School Furniture

Classroom furniture School desk and chair for college and

University Aluminium alloy back and seat frame 7 years of

warranty School desk and chair 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

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:

info_bossplastic@yahoo.com

info.bossplastic@gmail.com

VISION:

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

customer services and are enhancing people’s 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.

MANAGEMENT HIERARCHY:

CEO

Marketing Director

Marketing Manager

Distribution Manager

Franchise

Manager

Finace Manager

Accountant

Production Director

Production Manager

Packaging

Staff

Machine men

Staff Manager

security staff

Manager R&D

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 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

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

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

Citizen International Plastic Industries

+92-55-4275574

G.T Road, Gujranwala, Pakistan

All 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

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

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

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 competitor’s 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 related

introductions 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

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

Benefits

Employee registration in Pakistan social security

When labor is registered to SSSP then SSSP protects him against economic 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 don’t 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

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 misbehavior of 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 certain authorities and if the mistake is from finance side then

control it by its own management

Maintenance of financial records

It 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

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.

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 one has to cope with ever changing environment.

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 firm’s rules and regulations and strictly look after the timings. We

were not allowed to come late or go early or any other relaxation 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.

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

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.

Annexes

(Appendix1)

Cash DiscountA 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 company’s 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%:

As we have seen that on 10% + 2% discount the amount payable within 15 days is

Rs.1, 76,000

And 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.

Appendix 2

The certificate from pakson industries

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 can’t ask any

question because I was interne.

21 Jul HRI design the job description of some newly hired employed under

supervision of HRM manager.

22 Jul Friday public holiday in the factory

23 Jul MKTThey 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 HRThey assign me the duty to design some packages for the

encouragement of employees.

26 Jul HRNext day HR department was busy to find out reasons & point out some

extra precautions required for the safety of labor.

27 Jul HRI study attendance system of labor & management staff, as well as I

study the in/out system designed for employees.

28 Jul MKT Assistant manager & I were busy for the designing of job advertisement.

29Jul FRIDAY

30 Jul HRWe designed the Ramazan Aftar package for the employee under the

passed budget.

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 dealer’s ledger report of different regions for

analytical study purpose.

02 Aug MKTWe discussed the different packages of sale department i.e Salary, t.a,

d.a, incentive, target designing , etc

03 Aug MKTNow we started taking interest in company marketing policies. i.e trade

discounts, cash discounts, sale packages for dealers.

04 Aug MKTSale 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

manager

Forth 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 and policies for advertisement plan.

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 activities and 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 MKTWe were getting couching about how to launch franchise business &

what are their requirements to be exclusive.

16 Aug MKTWhole department was busy in launching franchise in the local market

as company got excellent response through in advertisement.

17 Aug MKTA new department was made by the director specially to deal franchise

business, now I start taking interest in franchise department.

18 Aug MKTNow it’s 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.

21 Aug MKT

Now it’s 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 UndertakenDate Dept Activities

22Aug FINThis 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 FIN 2nd 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 IT Today 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