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Thursday, March 11, 2010

BUSINESS MODELING ROUND 3


The Third Round for Business Modeling will take place on 13th of March at 1000 hrs. The teams are required to set up a stall in the Raman Theatre where they would demonstrate their product and the business plan to sell it to the Judges. All teams would be provided with a table to set up their stall. However no extra infrastructure should be expected on part of the organizers.

IMPORTANT POINTS TO BE KEPT IN MIND:

1. The Judges expect you to do more research on your business plan and make it better by all means. It is okay if you make significant changes in your business strategy, you need not stick to the business plan you originally submitted in round 2.

2. You can make use of posters, banners, presentations on laptops, palmphlets, models etc or anything that helps you promote your product better, at the stall. Feel free to employ new ideas and use your creativity.

3. The teams must be ready with the stalls atleast 15 mins before the commencement of the event that is by 0945 hrs. It is advised that the teams reach the premises by 0915hrs and start with setting up their stalls.

4. The final results will be solely based on the performance shown by the team in the 3rd round and will not be related to the performance in the earlier rounds in anyway.

5. The teams are allowed to sell their products to the people who come to see their stalls or take orders and make profits. This however, is not compulsory.

All the best to all the teams. Do well ! Feel free to ask the organizers in case you have any queries.

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