• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Enterprise - investigate a business idea - film watching session in which there are set times at which the students can pay to watch films.

Extracts from this document...

Introduction

Enterprise Unit 14 I am a student at Scarborough Sixth Form College studying avce business studies, as part of my course I have to investigate a business idea, which the whole group could help organise and run. When all the research has been done if the idea is good then it will be tested to see how well it does. I have chosen to do a film watching session in which there are set times at which the students can pay to watch films. This would involve booking a room and then booking a TV and a DVD player to use. The films will be randomly selected on each day. I thought of this idea because I like watching films always try to buy the new films and find time to watch them. I also know how expensive it is to go watch films at the cinemas or to rent them from a video shop. I also chose this idea because I think it will be successful with the students, as some young people like to watch films when they have the time to watch them. I intend to ask the students various questions relating to the idea (for example I might ask them what their favourite films are and also I might ask how much they would be willing to pay). ...read more.

Middle

However, if the business breaks even then it will survive and also it might start gaining more money through customers and making a profit. To have good advertising/promotion- this is important because good advertising will attract customers, which means the business might make a profit, which will help it to survive. To have a good reputation- this is important to the business because a good reputation means customers might keep coming back to the business (repeat business), also it might attract new customers to the business which would increase money coming into the business and this might mean there is an increase in profit. To survive- this is important because if the business does not survive then it will not be able to make a profit also it will not be able to attract new customers because the business will have ended. Primary research Primary research is where you gather the information directly. For example you might go to a supermarket and stand outside asking people questions, this would be primary research because the person has asked the respondents directly. The primary research that I will be doing is a questionnaire that will be handed out to students. From the questionnaire I hope to get information about the films students like, whether they are male or female, how much they would be willing to pay, how often they go to cinemas to watch films, if they would be interested in the service etc. ...read more.

Conclusion

Here is a chart to show the result. 5. Would you be interested in a movie watching session at college? - I asked this question because I wanted to know how many people would come to the movie watching sessions so that I knew whether it was a good idea or not. The results showed that more people would come to the sessions than wouldn't. Here is a chart to show the result. 6. How much would you be willing to pay? - I asked this question because I wanted to know what the price should be for the movie watching sessions if I decided to do them. The results showed the most of the people would be willing to pay �1 or less. Here is a chart to show the result. Conclusion- I think that the movie watching sessions is a bad idea because it would mean I would have to book a TV and a DVD player and this might interrupt the studies of other lessons and this wouldn't be very nice to other students because it could affect their grades and their grades are more important than a movie watching session. We would have to see the production company for a license to allow more than one person to watch the films and this would be expensive and we would never breakeven or make a profit. We would have to find the films that people like and hope it doesn't last longer than their free period or they wouldn't be happy. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. Marked by a teacher

    Unit 4 Business Studies

    4 star(s)

    the navigation bar stays in the same place all the time like Autotrader's website and is highlighted from the white background, there is a nice feel to the website it looks very professional and welcoming. Although Cars Direct fail to provide a search box to show correct type of cars as results.

  2. For my business report I am investigating the Co-op erative society supermarket.

    Transportation does not only carry out the above Co-op has to deliver its goods to customers who buy online this is an important function as it also ties in with the ICT function Co-op s home delivery department responsible is the Co-op 2u which delivers and distributes goods ordered from their online store.

  1. The business I am going to set up is a snooker club,

    Total Yes 40 No 3 Maybe 7 50 If Yes what type of food would you like? Total Burgers 11 Chips 20 Pizza 10 Other 9 50 How much would you be willing to spend on your food? Total � 1-3 30 � 4-6 15 � 7-9 5 � 10-12

  2. Business Aims and Objectives.

    Therefore all the computers should have firewalls. Virus protection A computer virus is a programme which causes the computer to malfunction or allow unauthorised access to it. Virus protecting software is designed to prevent viruses being downloaded on to the systems and to repair any files that may have become infected.

  1. business plan and organise event

    1.7 - Costs: Fixed & Variable Costs will not be a major concern for my event, as I am running the event within the school premises I will not need to rent out a place so that we can play the event and also there is a projector which is

  2. Critical Success of PVR cinemas in India

    This is likely to result in a scenario where movie making is governed by transparent and enforceable contracts and is carried out in accordance with global best practices. Historically most of the theatres were single screen with large seating capacities (around 100 seats).

  1. Business Idea

    It will not be aimed at the most wealthy of people, although they will be more than welcome if they wish to come into the bar. The main sports it will focus on are football and the rugby, but if neither is on then, cricket is a possibility, but this

  2. mcdonalds. Based on what Ive researched I think it was a good idea ...

    In order for an entrepreneur to succeed he or she will need to have ideas, be willing to take risks, have the ability to persuade others and also they need the energy to keep the business going under tough circumstances.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work