‘ASFT PARK’

FAIZA ROLL NO. O5

INNOVATION
All the partners gained the new idea for their public place business when they came
out and search a park or public place for having fun and enjoy the company of each
other's that time, but they can't search a single park in Dina, because there is no
public place in
Dina.
Therefore, all the partners decided that they should started the formation of park for public
in Dina city. the name of this park is ''ASFT PARK'' at Dina. In this business we can
earn more profit as well as people will take benefit to the park. We provide
opportunities of park to the people of Dina, where everyone enjoy the services. The
best place of park in Dina is '' Hockey ground.

GOAL OF PARK.
The goal of our park is provide the restaurant, zoo parking place, swimming pools, rides
for kids, a ground for youngster to play different games and we will planted the beautiful
flowers and trees.
when the employment opportunities will be increased than the level of unemployment will
be fall.
Our park will also provide the best environment to ladies and kids.Goal of our park to
provide cheap services. Tickets of rides will not too much expensive so every one can
affordable. The main purpose of park is to provide the information of new animals and
birds.

OBJECTIVES.
''Objectives of our park to provide many services to the peoples and gain the profit''
''The main objective of every business is to earn more profit on large scale and fullfill the
needs and wants of peoples''.
Maintain sound populations of,and habitat, for wildlife species.

PURPOSE OF NEW PARK.

Conserve and enhance the natural beauty.To promote sustainable use of natural
resources of the area.The objectives is to protect the plants and animals that live
there.Protect and provide for a satisfactory water supply.Protect and encourage a better
understanding of the park's natural and cultural features

PEST ANALYSIS.
''The macro-environment e.g political ,economic,socio-cultural and technological factors.
these are known as pest factors.''
The first step to start any business is based on analysis.''ASFT PARK'' will be
established in Dina. we will target the others parks in big cities because our park will
provide the services in cheap rates as compare to the other parks and every one
fullfill these services.

ECONOMIC FACTOR.
''economic factors are important to know that the buying powers of peoples, stability
economy. fluctuation in economy impact prices of services our organization offers. these
issues are very important because during depression the demand goes down''. Parks
bring measurable direct and flow-on economic benefits to local, regional and national
economies. These economic benefits enable communities to function and prosper, allowing
them to build social cohesion, social capital and healthy communities.The importance of
parks to economic growth and wellbeing cannot be overstated. Parks contribute directly to
the local and regional economy through , employment (on and off parks) and expenditure on
park management and services. Parks are also an asset that encourage inward investment to
the City, raise property values and encourage private and public sector investment in
services and facilities .Park directly employ staff, provide jobs indirectly through Joint
Venture partnerships and generate local and regional economic activity through events,
supplies, maintenance, etc. Visitors spend money in Parks on entrance fees, souvenirs, food,
refreshments, event tickets and charges for services. A significant income also ‘flows on’ to
organisations and businesses associated with parks.

Social factor.
Comparison of community benefits associated with Public Park showed that 52% of the park
visitors were strongly agree and 28% were agreed that by visiting parks they get the
opportunities of talking to people consisting of while 6% were uncertain, and 14% were
disagreed . Data reveals that majority of park visitors in park (52%) of park visitors were
strongly agreed that parks provide the opportunity of talking to people and while 20% were
agreed with the idea. On the other hand 10% were uncertain, and 18% of park visitors were
disagreed

Technology factor.
'' Technology of our Park is an organization managed by specialized professionals, whose
main aim is to increase the wealth of its community by promoting the culture of innovation
and the competitiveness of its associated businesses and knowledge-based institutions.''

Requirements of park.
''An economic term to describe the inputs that are used in the production of goods and
park servitheattempt to make an economic profit''

Factors of production mean inputs and finished.

Factors of production includes land, labour,capital and enterprise.

LAND.
first of all when we established the park , we need land. which is very important for our
park ose location where every resources are available,therefore hockey ground is best
location in Dina, because it is situated at G.T.Road.land is very important factor of
business because without it business cannot run. success or failure of the business is based
on location selected for it. before deciding the site for business following requirements are
important.
1.Availability of raw material
2.Outlet for the goods produced.
3.Availability of experts and laborers.

Capital.
''Capital is the amount of money with which the owner can start the business or to run the
business''
Capital is most important for every business.All business depend on the capital.our business
cannot run without it so all the partners will give equal capital to start a park.capital is the
backbone of the business.success and prosperity of business depend on the quantity of
capital.

Labour.
The area where business is going to be established, availability of laborers on reasonable
wages
is necessary to run the business.In present industrial age,the use of modern and automatic
machines has increased to great extent.therefore,both skilled and unskilled workers are
required
to work on these machines.In this type of business when the profit is large than the workers
get reasonable wages and the level of unemployment will be decreased.

When we will expand our business than employment oppurtunities will also increased. In this
way, peoples can take easily employment oppurtunities.

Enterprise.
Enterprise the idea of an organization. This project is unique in Dina. This unique idea gives
many opportunities and facilities. this is the driving force, provided by risk-taking
individuals, that combines the other factors of production in to a unit capable of producing
goods and services. it provides managing, decision-making and co-ordinating role.

FUNTIONS OF OUR ''ASFT''PARK.

All the partners must be willing to take risk by investing their own savings in this business.if
the management of our park like planning,organizing,leading,controlling is good so than the
park will progress very well.the partners will also keep the records of financial
transactions,in this way our park management will take dicision easily.we can also expand
our park through local advertisements.people can know about our park through
advertisements.we will also provide different services and facilities to our customers,like
resturent,zoo,rides e.t.c.
We have to make the products or provide the services,promote it,sell it and count the
money.we have multi-skilled to run a park.

SIGNIFICANCE OF PARK.

The wildlife.

Tiger, Monkey, Giraffe, Elephant ,dear e.t.c are often observed in the park, especially
along the park road . In pakistan can such concentrations of these large species of wildlife
be observed in a natural setting in so readily accessible a place. The park is also significant
for its waterfowl habitat.

PLANTS LIFE.
plants that have adapted to long, bitterly cold winters can survive in the various plant
communities in the park. Even with these extreme conditions, over 650 species flowering
plants inhabit the slopes of the park.we will planted the colourfull flowers,trees.
We can protect our park environment through plants and trees.
AIR QUALITY.
The exceptional air quality in Dina and the lack of city lights near the park provide the
conditions for outstanding daytime views and excellent night sky visibility in fall and winter.
Parks protect and conserve biodiversity. They play a vital role in keeping our air and water
clean, counteracting the damaging effects of pollution. Parks offer refuges for threatened
species and
buffers against the impacts of climate change. Liverpool’s green infrastructure has taken on
a new significant role in creating a pleasant environment in the future.
 TEHREEM ROLL NO.41
CAPITAL
Capital is the life blood of every business capital is the most important element of our
business .we use capital in different ways firstly, we bought land and made a boundary
around it .the total expense becomes almost 5000000 and we made a parking place for the
customers these things made a difference between the others and made a office there
partners come and situations between then we purchased animals and birds including
panda

, lion, elephant, tiger, peacock, parrot, sparrow, bear , monkey, zebra, etc amounting
7000000 these things attract the kids and more customers come there . we employed labors
from performing different tasks wages or salaries given to them amounting 500000
furniture purchased for 5 lacks and purchase huts for the customers three customer rest .and
we purchased stationary for office use . stationary charges with computer 1 lack decoration
is very important for the park and we decorate our park different methods decoration
charges are 3 lacks plantation charges 4 lacks and cages charges are750000 then we
purchased swings and rides for 6 lacks children likes swings . the expense on advertisements
is maximum 8 lacks security allowance given to securities grades these are the guards each
is given 1 lack for his rendering service and electricity initialization charges 2 lacks and we
bought a generator for different purpose and pay a 800000 and we made a tuck shop for
the customer and made a big restaurant for the people there people staying and res here the
building of the restaurant is very hug and beautiful we provide all facilities in park and
succeed in our business

particular amount
Land 5000000
Labour 500000
building 3000000
Planting 400000
Animals and birds 700000
advertisements 800000
Cages 750000
decoration 300000
Electricity instalisation charges 200000
Siwings 600000
Security allowancegiven 100000
stationary 100000
Genratour 800000
Net profit 2400000
EXTERNAL ENVIRONMENT.
.the place of park is very huge beautiful at every point of view it is suitable for park all
facilities are available at that place there is market place bazaar is nearby
The park most of the people are well educated & rich the park is middle of the city that’s why
there should be many customer are come there. The historical places also near thE parthat
why all these point are suitable for establishment of good business.
 AROOSA ROLL NO. 06

PARTNERSHIP
Simple definition:
‘’partnership is an association of two or
more persons engaged in a business enterpricein in which the
profit and losses are share porportionally’’’

Our park is base on partnership relation….

 Partnership Deed:
‘PARTNERSHIP AGREEMENT IN WRITING IS CALLED
PARTNERSHIP DEED’’’

THIS DEED OF PARTNERSHIP IS MADE on this 19th day of feb, 2013 by and between

Ms. A S/o C R/o XYZ hereinafter referred to as Party of the FIRST PART (which
expression shall deem and include his heirs, executors, administrators, representatives,
assigns and agents), AND

Ms. B D/o D R/o XYZ, Party of the SECOND PART (which expression shall deem
and include his heirs, executors, administrators, representatives, assigns), AND

Ms. C D/o D R/o XYZ, Party of the THIRD PART (which expression shall deem and
include his heirs, executors, administrators, representatives, assigns), AND
Ms. X D/o D R/o XYZ, Party of the FOURTH PART (which expression shall deem
and include his heirs, executors, administrators, representatives, assigns), AND

Ms. Y D/o D R/o XYZ, Party of the FIFTH PART (which expression shall deem and
include his heirs, executors, administrators, representatives, assigns), AND

Ms. Z D/o D R/o XYZ, Party of the SIXTH PART (which expression shall deem and
include his heirs, executors, administrators, representatives, assigns), AND
WHEREAS the above named partners have decided to start the partnership business of
Recruitment Services in the name and style of M/s SSS with effect from … day of FEB, 19
th.. on the terms and conditions hereinafter mentioned and have desired to reduce the

terms and conditions into writing.

NOW THIS INDENTURE IS

WITNESSETH AS FOLLOWS :

1. THAT the PARTIES referred above shall carry on the business of Recruitment
Services in the PARTNERSHIP FIRM under the name and style of M/s SSS
hereinafter referred to as the FIRM) XYZ, But by their mutual consent may start
and carry on any other business or businesses under any other name or names at
any other place or places.

2. THAT the business of the PARTNERSHIP pursuant to this DEED of PARTNERSHIP

shall be deemed to have commenced with effect from … day of FEB, 19 th...

3. That the capital required for the business of Partnership shall be contributed time
to time by the PARTIES in such manner in all respect as may be agreed to between
them and such capital may be paid interest as may be mutually agreed from time
to time at the rate of rates not exceeding 12% (Twelve Percent) per annum.

4. That all the PARTIES referred above shall be Working Partners and shall attend
diligently to the business of the Partnership and carry on the same for the greatest
advantage of the Firm.

5. That all the WORKING PARTNERS may be paid Salary w.e.f. … day of ……., 10…., for
the work of the FIRM as may be agreed mutually from time to time between the
 PARTIES in accordance with the provisions of the Income Tax Laws as well as
business necessities and other factors, subject however, that the monthly Salary to
each such Partner shall not exceed as under:

NAME OF WORKING PARTNER MAXIMUM BASIC SALARY NOT TO EXCEED

a. Ms. A Rs. 12,000/- per month

b. Ms. B Rs. 12,000/- per month
c. Ms. C Rs. 12,000/- per month
d. Ms. X Rs. 12,000/- per month
e. Ms. Y Rs. 12,000/- per month
f. Ms. Z Rs. 12,000/- per month

6. That all business expenses shall be borne by the FIRM.

7. That the Profits or Losses, as the case may be, of the Partnership business shall be
divided among the Partners as under :

NAME OF WORKING PARTNER SHARE OF PROFIT SHARE OF LOSS

a. Ms. A 16.66% 16.66%

b. Ms. B 16.66%
16.66%
c. Ms. C 16.66% 16.66%
d. Ms. X 16.66% 16.66%
e. Ms. Y 16.66% 16.66%
f. Ms. Z 16.66% 16.66%

8. That the duration of the PARTNERSHIP shall be at WILL subject to Clause ‘9’.

9. That any Partner may retire from Partnership after giving a notice to the other
Partner (s) of not less than one month in writing and at the expiry of such notice
period he shall be deemed to have retired.

10. Upon mutual understanding, each Partner or his duly authorised agent shall have
free access to the account books of the Partnership and shall be entitled to take
 copies or extracts from any or all such books and records of the Partnership
Business.

11. That no Partner shall have the right to sell, mortgage or transfer his share of
interest in the FIRM to any one else except to his heir or heirs or any one of the
existing Partners or to their heir (s). In the event of heir (s) selling his/her share to
any one else, the existing Partners shall have a right or pre-emotion in respect of
such share (s) sold.

12. That the Partners shall keep or cause to be kept the books of account of the FIRM
at the principal places of its business and make all entries therein, and that all such
books of account kept shall be closed on 31st March every year or in the case of
any necessity on any other date as the Partners may mutually decide.

13. That no Partner shall do any act or thing whereby FIRM or the FIRM property may
be prejudicially effected.

14. That the terms of the Partnership Deed may be altered, added to or cancelled by
the written consent of the Parties to this DEED.
15 That the partners can open the bank account of the firm, in any bank and bank
account shall be operated by the partners jointly or individually, as the case may be.

16. That the partners shall not take any loan from any person/Financing
Company, bank or any other Govt./Pvt. Department in any case, without
the written consent of each other.

17. That in the case of any dispute arising out of this DEED between the Parties of this
DEED, it shall be decided by Arbitration as provided for under the Indian Arbitration
Act.

IN WITNESS WHEREOF the Parties hereto have set and subscribed their respective
hands to these presents the day, month and year first written above.
1.
MS. A
( Party of the First Part )

2. MS. B
( Party of the Second Part )

3. Ms. C

( Party of the Third Part )

4. Ms. X

( Party of the Fourth Part )

5. Ms. Y

( Party of the Fourth Part )

6. Ms. Z

( Party of the Fourth Part )

Organizational Structure:
The formal structure of AFST PARK is the arrangement of tasks and people. This structure
determines how information flows within the organization, which departments are
responsible for which activities, and where the decision-making power rests.

The organizational structure of ASFT PARK control systems,

culture, and human resource management systems that together determine how efficiently
and effectively organizational resources are used. Basically, it’s a formal system of task and
reporting relationships showing how our workers use resources. Overall we follow
Traditional Approach whereas within department we follow MBO.

Our structure is based on a design consisting of six key elements which are:

1. Work specialization
 2. Departmentalization
3. Chain of commands
4. Span of control
5. Centralization and Decentralization
6. Formalizati
Factors affecting the organizational structure;

1) Work Specialization:
ASFT PARK encourages the system of dividing tasks into separate jobs with each step
completed by a different person. This reduces the work load and excess of multitasking and
enables the employees to focus towards a unified goal.

We believe that overspecialization can result in boredom, fatigue, poor quality, increased
absenteeism, and higher turnover. And as our PARK organization is totally based on
creativity so we need different employees . Every individual in our organization is handed
over with the task he/she has an edge of!!

2) Departmentalization:
It is termed as, the basis by which jobs are grouped together. Pattern ASFT
PARKdepartmentalization is explained as follow;

 Functional:
Grouping jobs by functions performed. Our organization has grouped together the
employees who are to perform their tasks according to the functions they are
allocated with. It puts together Efficiencies.
 Process:

ASFT PARK basically follows, grouping of jobs on the basis products or customer
flow. Our organization used process departmentalization for processing customers as
well as products. We believe that if the process for end result is carried out effective
and efficiently, it definitely results in a quality product.

 Product:
Grouping jobs by product line, divided each major product area under the authority
of a manager for everything regarding that product. As the step of processing hold
primary basis for a successful product. So it comparatively reduces the importance of
product departmentalization.

 Customer:
Grouping jobs by type of customer needs. ASFT PARK full concentration is on the
demands of customers’ needs. It is our first priority to meet our customers’ demands
and expectations which is also one of our organization’s objectives.
So ASFT PARK follows process and customer oriented departmentalization, which is also
currently popular in the market.

3) Chain of command:
The continuous line of authority that extends from upper Levels of an organization to the
lowest levels. It clarifies who a report to whom. Our organization follows the line of authority
going down from upper to the lower level.

 Authority
The rights inherent in a managerial posit ion to tell people what to do and to expect
them to do it. Our Managers have divided their sub ordinates in groups. They are to
monitor their work activity and accomplish organizational goals.
 Responsibility
The obligation or expectation to perform. We want our sub ordinates to fairly report
to our managers as they are accountable to them. The managers have to report the
top management of the organization about all success and failures in work activities.
The first line management controls the working staff of ASFT PARK ; by utilizing
management by functions approach they lead and motivate the employees to nurture
sense of responsibility, so that organization’s outcome is up to the expected
standards.
 Unity of command
A person should have one boss and should report only to that person is termed as
unity of command. ASFT PARK first line mangers consist of a cross functional team
representing every department, who are answerable to middle level management
where there is a unity of command. The members of cross functional team act as the
head of employees in their respective departments. They manage the matters within
their respective departments, and perform the task of managers as well. So they act as
multitasked.
4) Span of control:
The number of employees the ASFT PARK by means of its managers can efficiently and
effectively manage defines the span of control. As our organization is newly created, its
employees are not very much bonded with the organization. Although narrow span of control
would be effective, but we use a wider span of control system. Wider span of control reduces
the cost spending and the complexity as the managerial levels are low. The department
makes sure that the bonding of employees with the organization is strong, deep and effective.

5) Centralization/ Decentralization:

ASFT PARK is an organization, as the opinions of every employee are taken under
consideration and every individual has the right to share beneficial ideas. As our
organization is highly dependent on the current trends and customer needs, so highly
centralized structure would not be suitable. As this Environment is stable and the employees
are not involved in decision making, so it is not suitable for our organizational structure. Our
First-level managers would be capable and experienced at making decisions and voice in
decisions though decisions are relatively minor. Effective implementation of company
strategies depends on managers having involvement and flexibility to make decisions.
Employee Empowerment

Our department heads the Employee empowerment, which is a strategy and philosophy that
enables employees to make decisions about their jobs. ASFT PARK ’ decentralized structure
promotes Employees empowerment that help employees own their work and take
responsibility for their results. It helps in increasing the decision-making. This confidence on
the employees creates a level of trust and good employee organization relations. These
employees are a real and a true asset ASFT PARK holds.

6) Formalization:
The degree to which jobs within organizations are standardized and the extent to which
employees’ behavior are guided by rules and procedures is termed as formalization. ASFT
PARK is an organic organization having a low formalized organization attaining all of its
attributes. It has cross-Hierarchical Teams in the organization and the departments. The flow
of information is free in nature as there is a decentralized and a wider span of control
system.
SHUMAILA ROLL
NO.43
The Manager:
The manager is very important in any
organization

Like our manager hold a important position in

our

Organization. Our manager is work through other

People coordinate their works activities and achieve

Our business goal and clear the line of distinction

Between manager and non managerial employee.

In shumaila is our manager coordinates work activities with and through other people.

Manager of our business also engage in some activities. These activities are included
provided

Benefits to people. It is included a zoo, guest house, restaurant, slides for kids and provided
Medical facility. These activities performed by manager have much positive impact like

Take innovation because have no park in Dina. These partners take innovation .Because have

No park in Dina. These partners take innovation to open a park. Increase motivation by providing

Facilities.

Management function:

The management function provided by manager.

 Planning:
It is depend on two things.
 What to do
 How to do
In what to do we set an objective of business and in how to do mad stagiest to
achieve goals.
In our business partners set objectives of business decided how to achieve our goals.
So provided many benefits to the people.

 Organizing:
Determine what task to be done who is to do them. How the task are to be grouped.
Who reports to whom and where decision is mad .these task perform manager of
business.

 Leading:
It is process to influence the other by communication and motivation and
direction.
Direct and motivate the all involved parties and dealing employe behavior
issues.
  Controlling:
Monitoring activities ensure that they are going to be planned

 Supplier:

They are firms and individuals that provide the resources needed by the business and its
competitors to produce goods and services. They are an important link in the business’s
overall customer “value delivery system. Good relation should be maintain with the supplier
so they can go extra mile to facilitate us raw materials of good quality should be deliver by
the supplier be it.

ASFT PARK is supplies different things for the other countries. For example In a park zoo
gust house slides for kids are provided. The things are used in those works are import from
the other countries.

Park included a zoo. In zoo need of animals import for the countries. Because there have no
park in Dina

So it is good for business and many facilities are provided in this park that’s why a good
relationship is maintain among the supplier.

Pressure Groups:

 Media:
Media play can play a vital role in creating art related awareness and in attracting
people to our magazine through advertisements. Critics can also give reviews in
newspapers and other social media networking sites as a recommendation for the
promotion.

 Strategic Goals:
Shumaila Strategic goals are related to overall performance of the organization.

 To make sure that a firm and a smooth circulation of the magazine throughout
Pakistan.
 And material is not provided who is against Islam and other social culture

 Real goals:
In the real goal. We take in account the real interest and concerned. Factors which means to
end

Holds high importance to ASFT.

 To make maximum possible profits in first year of ASFT PARK operation.

 To acquire maximum customer from the target market.
 To maintain satisfaction level of customer.
 To keep the price level of ASFT PARK low because relative to our competitor.