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Rowville Secondary College Term 2 Issue 7 6 The Rowville Times Sophie D’Ambrosio Year 11 Business Management Teacher (West) Friday, May 25, 2012 Market Day and dedication and for the support of the rest of the staff and the local primary schools. WASEEM IBRAHIMI ‘Always have a PLAN B just in case something goes wrong’ The concept of Market Day has been operating at our school since 1997. Students in Year 11 Business Management classes have the opportunity to simulate the planning, running and management of a small business by involving the whole school community and beyond. Once again in 2012, given that the weather wasn’t too kind, all students managed to run a successful business with a percentage of their profits being donated to nominated charities. Personally, I would like to thank all the Business Management teachers (Michelle Aumann, Zac Phillips & Marie Lucarelli) for all their hard work Another successful Market Day gone, looking forward to next year with a new cohort of students. Well done BM classes of 2012!!!!! Students have their say....... MITCH THOMAS ‘Operating a small business takes a lot of paper work, organisation, hard work, decision-making, resilience, being persistent and so on.’ BRETT MCLAREN ‘A greater risk can lead to greater rewards but we kept it safe’ ‘You also need to find a niche in the market so that you can sell at a good rate.’ JORDAN REID ‘To have a successful business partnership there needs to be good communication’ I learnt that ‘Advertisement is King!’ MITCH NEWMAN ‘Running a business can be stressful and needs cooperation from everybody. I believe the best idea is to change things and make it different to your competition.’ KRISTEN ASAAD I learnt about how a partnership works and how many decisions you can make yourself.
Rowville Secondary College Term 2 Issue 7 7 The Rowville Times KIARA PAULPILLAI ‘It takes a lot of effort to make a successful business.’ MITCH ATHERTON ‘It is better to spend low, sell high than to spend too much and have to work harder to make a profit.’ MARIA VILDANOVA ‘Running a business is a long and hard process. The biggest factor was our location as it affected our advertisements.’ SARAH BLYTH ‘There will always be unexpected problems arising and that you just have to communicate with the other members of your business effectively and quickly to overcome them efficiently.’ Friday, May 25, 2012 Market Day JOSH DUGGAN ‘There is a lot of work that goes into preparing a business venture.’ VANESSA REGIS ‘It’s a good idea to have a Business plan’ NATHAN SLAUGHTER ‘It is vital that your group is set up in a position where you are noticed by customers.’ AMY DRAPER ‘To be successful you must treat your customer nicely and give them good value and quality for their money.’ ELLIOT COX ‘To run a business you need to be extremely organised and prepared for a variety of situations.’ JAYDEN LI ‘I learnt about start up costs and earning a profit while running a business.’ MUHAMED IMER ‘We had to be very organised and not keep customers waiting too long.’ MELANIE WARRING ‘Market research is a very important key to starting a business so that you are assured and have some idea of your business’s popularity.’ LARA SYLTE ‘The way in which team members cooperate is a reflection of the business itself.’ ALI BAKHSH ‘Our business was a micro business because we had four people working.’
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The Rowville Times

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