ppt on Pakistani festivals and their effects on business

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Transcript of ppt on Pakistani festivals and their effects on business

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESSWHAT ARE FESTIVALS? Special occasion when people celebrate something such as a religious event, and there is often a public holiday. During a festival, people often take time off work. They spend more time with family. They prepare special foods. They pray special prayers. There may be other joyous decor such as costumes, decorations, parades, and dancing..

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Why festivals are celebrated? Festivals, of many types, serve to meet specific needs, as well as to provide entertainment. These times of celebration offer a sense of belonging for religious, social, or geographical groups. Modern festivals that focus on cultural or ethnic topics seek to inform members of their traditions. In past times, festivals were times when the elderly shared stories and transferred certain knowledge to the next generation.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Categories of festivals Religious festivals National festivals Cultural festivals Other festivals

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Religious festivals1: EID UL FITR Muslims celebrate Eid ul Fitr on the first day of Shawwal, the tenth month of the Islamic calendar, following the month of Ramadan. Eid ul Fitr is a festival of joy, family reunion and thanks giving to Almighty Allah. The three days religious festival of Eid ul-Fitr celebrates the end of Ramadan.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS2: EID UL AZHA: Eid-ul-Azha is a three days celebration when Muslims from all over the world offer a sacrifice by slaughtering a sheep, cow, or goat following the traditional Islamic customs. It is also called the Festival of Sacrifice. The meat from the sacrifice is shared by friends, neighbors, relatives, and also distributed to the poor and needy.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS3: EID MILAD UL NABI:

Eid Milad-un-Nabi is the birthday of our beloved Prophet Muhammad (PBUH). It is celebrated by all the Muslims with religious enthusiasm and solemnity across the world. It falls on the 12th of Rabi'-ul-Awwal every year. This is a day of remembrance for Muslims, marked by prayers and reading of the Holy Quran. Various congregations are held where teachings, Sunnah and life of Prophet (PBUH) are remembered.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS4: SHABE BARAT: Shab-e-Barat is a religious festival celebrated on 14th of Shaaban. The festival of Shab-e-Barat is celebrated with enthusiasm by Muslims all over the world. Muslims believe that on the night of Shab-eBarat Allah writes the destinies of all people for the coming year.On this festival, prayers, fire works, exchange of sweet dishes and visits to friends and families are held.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Effects on business Positive effects: On Eid-ul-Fitr when the major chunk of shopping is on dresses, shoes, jewellery have positive effect on business. On Eid-ul-Azha, however, it is the rural Pakistan that raises sacrificial animals and receives the major chunk of the spending.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Normally sale of freezers rise before the Eid as many people store the meat for consumption. On these festivals the demand for decorative lights become high. Traders earn revenue from exporting clothes, jewellery, eid cards, to other countries. On eid festivals for recreation and joy people visit hotels and restaurant more.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Negative effect: Many shopkeepers sell low quality products on high prices but it have negative effect on goodwill of business. During these festivals the use of electricity is more. Prices of products become so high so many people cant afford it, as a result sales may decreases.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Traders import raw material on high prices from other countries, it increase the cost of business. Bonuses are given to employees on these festivals, as it increases the cost of business.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS National festivals 1: PAKISTAN DAY: Pakistan Day is a momentous milestone in the history of Pakistan movement. This event is held to mark the anniversary of Pakistan Resolution passed by the Muslims of South Asia on March 23, 1940 at Minto Park (now Iqbal Park), Lahore. The resolution was presented by A. K. Fazlul Huq.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS2: Independence day: This glorious day is a land mark in our history to commemorate the independence of Pakistan. Independence Day is celebrated with zeal and fervor in all parts of the country on August 14 with special programes arranged in cities and all small towns and rural areas.On this day, meetings, processions and rallies are held all over the country and the whole country is decorated on this day.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS3: DEFENCE DAY: The 6th of September is a golden chapter in the history of Pakistan, when Pakistan, its military and people stood united in 1965 in defense of Pakistan and resolve to halt and beat back Indian multi-dimensional attacks against Pakistan.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS4: Iqbal Day: 9th November is celebrated as the birthday of the National Poet of Pakistan, Allama Iqbal. The event is celebrated with a lot of debating and poetry contests held at different institutes all over Pakistan 5: Quaid-e-Azam Day: This is celebrated on 25th December as the birthday of the founder of Pakistan Quaid-e-Azam and Christmas. This day is celebrated by the Christian minority and the whole nation.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Effects on business Positive effects: Paper factories earn profits because of sale of paper on which flags and pictures of Quaid-eazam are printed. Demand for poetry books of Allama iqbal and historical books increases on these events. Sale of shirts increases on which pakistani flags are printed.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Demand for Water pain colors becomes high. Sale of fancy lights, flags, and other decorative stuff gives profits to business. The stalls of fruit chat, berger, dahi-bare, gollgappay and tikka' also much filled up with rush of people. More use of petrol and gas for transportation. People visits debating and poetry contests held at different institutes all over Pakistan.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Negative effect: The business activities are affected because of holiday. Burden of work increases. People waste money on unnecessary things. Bonuses and other discounts are given to employees which increases the cost of business.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS For many days before and after any festival its effect can be seen and its impact on employees mind decrease their level of interest in work. Workers try to have long weekend, increases leaves rate. Excessive Consumption of electricity and petroleum. People waste their precious time.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS CULTURAL FESTIVALS: 1: LOK MELA: The festival presents a unique opportunity to watch the culture and craft of the whole country at one place. This Folk Festival is held for one week at Islamabad. It includes Folk Music, songs, music contests, folk dances, craftsmen at work, exhibition and sale of handicrafts.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS2: National horse & cattle show: It is held in the 3rd week of November for 5 days at Fortress Stadium, Lahore. This festival includes Cattle races, cattle dances, tent-pegging, tattoo show, folk music, dances, bands, cultural floats and folk games. The show has been described as an eloquent expression of Pakistan's heritage and an authentic account of its agricultural and industrial achievements.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS3: BASANT: Basant, sometimes called Jashan-e Baharaan is a festival celebrating the arrival of Spring. Celebrations in Pakistan are centered in Lahore and people from all over the country and abroad come to the city for the annual festivities. Traditionally, celebrants dress in bright yellow or green, and many people fly kites from rooftops. In the city of Lahore, the festival lasts three days.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS4: Mela Chiraghan : Mela Chiraghan a mega event for the people of Punjab and especially for Lahorites is celebrated with traditional fervor and activities at the shrine of the renowned Sufi Shah Hussain. This festival is held for 1 week outside the Shalimar Gardens, Lahore. The festival attracts a large number of performing artists who mostly sing Shah Hussain's kafees and dance to the drums.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS5: SHANDOOR POLO FESTIVAL: Shandur Polo Festival invites visitors to experience a traditional polo tournament between the teams of Chitral during the 2nd week of July. The tournament is held on Shandur Pass, the highest polo ground in the world at 3,700 meters. The festival also includes camping, folk music and dancing.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Effects on business Positive effects: Lok mela provides opportunities for artisans and performers to perform in festivals. Lok Virsa arranges groups of dancers that perform all over the festival grounds, inviting visitors to join in,and also arrange music concerts which attract people.

FESTIVALS OF PAKISTAN AND THEIR EFFECT ON BUSINESS Master artisans from remote parts of Northern areas work in beautifully designed and documented pavilions. Exotic local bazaars for the local communities where people can sell, exchange or exhibit local produce and can earn revenue.