Business studies project on visit to a factory
Answers
Explanation:
INDUSTRY:
BRIEF: PURPLE TOUCH ADVERTISING, is an advertisement agency situated in The Dubai Investment Park (DIP). It is single point window for all retail executions retail merchandising and implementation. Started with a capital investment of 2 million AED.
LEVELS OF MANAGEMENT
It is in a hierarchy form of level management:
1. SENIOR LEVEL: It includes the Managing Director, Financial controller, C.A, Sales Manager.
2. MID LEVEL: Store Manager, Production Manager, Sales Man.
3.JUNIOR LEVEL: Carpenter, Painter, Electrician, Helper.
BUSINESS STUDIES PROJECT: I
VISIT TO AN INDUSTRY
EMPLOYMENT
BANKING AND INSURANCE PARTNER
The different stages in production involves:
1.Material sourcing: collection of raw material. etc. wood, steel, plastic etc.
2.Analytical stage: where they separate the various elements from the material.
3.Procssing stage: in this they, create the product out of the material an unfinished product.
4.Finishing stage: Here they, give the finishing touches to the product. Such as painting etc.
DIFFERENT STAGES OF PRODUCTION
AUXILIARIES INVOLVED:
The Auxiliaries involved are:
1.TRANSPORTATION: When the finished good is delivered to the customer.
2.LABOUR:It includes people such as carpenter, painter, helper, electrician etc. Which play a vital role in the manufacturing of goods.
3.WAREHOUSING: Where the product is stored until the customer requires it.
4.INSURANCE: If any misshape occurs then the insurance firm is ready to help. PURPLE TOUCH ADVERTISING is insured by ARAB ORIENT INSURANCE FIRM.
It is Partnership form of enterprise and it is a Limited Liability Company.
CODE OF CONDUCT
INTRODUCTION
1.WORKERS EMPLOYED: The workers employed are mainly carpenters, painters, electricians, drivers, helpers etc.
2.METHOD OF PAYMENT: The are paid monthly and the money is given through cheques or via bank transfer.
3.TRAINING PROGRAMS: They are trained on the job, no proper training program held.
4.FACILITY: The worker are provided quite facilities such as Transportation, Accommodations, overtime etc.
INSURANCE PARTNER:
FORM OF BUSINESS ENTERPRISE
Some of the Code of Conducts are:
1. LABOUR LAW: Under this, only the arabic version of the contract is valid in UAE. Maximum age of employment 65 and minimum 15 after obtaining work permit from MINISTRY OF LABOUR (MOL).
2. H.R POLICY: Provides right to the workers and maintain the HR rules and ethics.
3. QUALITY CONTROL: Support the information needs of advertising buyers and setting quality guidelines.Common framework of disclosure that can be used by sellers across the industry.
Answer:
A visit to the industry 'PURPLE TOUCH ADVERTISING' and project was done.
Explanation:
INDUSTRY:
CONCISE BRIEF: PURPLE TOUCH ADVERTISING is an advertising agency based in Dubai Investment Park (DIP). It is the central point of contact for all retail execution, retail merchandising and implementation. Started with capital investment of 2 million AED.
MANAGEMENT LEVEL
This is the hierarchical form of management levels:
1. SENIOR LEVEL: Includes Managing Director, Financial Controller, CA and Sales Manager.
2. Intermediate level: store manager, production manager, sales person.
3. Junior level: carpenters, painters, electricians, helpers.
Business Projects: I
Industry Visits
Employment
Banking and Insurance Partners
The various stages of production include;
1. Material Procurement: Collection of raw materials. etc Wood, steel, plastic, etc.
2. Analysis stage: Here various elements are separated from the material.
3. Processing stage: At this stage the material becomes an unfinished product.
4. Finishing: Apply the finishing touches to the product. paintings, etc.
Various Stages of Production
- AIDS involved:
Relevant Auxiliaries:
1. Transport: When the finished product is delivered to the customer.
2. Work: This includes carpenters, painters, laborers, electricians, etc., who play an important role in the manufacture of goods.
3. Storage: A place where products are stored until the customer needs them.
4. Insurance: Insurance companies help treat deformities. PURPLE TOUCH ADVERTISING is insured by ARAB ORIENT INSURANCE FIRM.
It is a form of partnership and a limited liability company.
Code of Conduct
- Introduction
1. Employed Workers: Employed workers are primarily carpenters, painters, electricians, drivers and assistants.
2. PAYMENT METHODS: Paid monthly and paid by check or bank transfer.
3. TRAINING PROGRAM: They do not have an actual training program.
4. Facilities: Workers shall be provided with reasonable facilities such as transportation, accommodation and overtime.
INSURANCE PARTNERS:
COMPANY FORM
- SOME CODE OF CONDUCT ARE:
1. Labor Law: Only the Arabic versions of the following contracts are valid in the UAE. DEPARTMENT OF LABOR (MOL).
2. HR Policy: Empower workers and comply with HR rules and ethics.
3. Quality Control: Support the information needs of advertising buyers and set quality guidelines. A common disclosure framework that sellers across the industry can use.
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