Project title

The title of the project that we have done is Online Business Competition IPMA 2012 (Pertandingan Perniagaan Online IPMA 2012). IPMA stands for INSTITUT PENDIDIKAN MARA. We can see from the title, this competition is only between all MARA institutions that have registered for the competition. Kolej Poly-Tech Mara KL is one of the institutions and has sent few groups such YouNameIt, SuperSimple, Garisan MoneyFly and also, Puready which is our group. The objectives of the project are to strengthen the development in entrepreneurship, to provide opportunities for students to experience real business with the right system and strong base, challenge the minds and creativity, and also entrepreneurial culture is an ongoing process and the students started on the campus. The concept of competition can be described as follows; all participants will gather on January 28th, 2012 at UNIVERSITI KUALA LUMPUR. Starting from January 28 to February 19, 2012, competition run without requires participants to be in UniKL because this is business online competition. Participants are free to choose the location of their operations. On February 19, 2012, the system will close all sales transactions accounts. The system shall provide accounts of the competing teams. On February 29, 2012 all participants will be invited to closing ceremony. At a March in 2012, the system will run as usual and the participants can proceed with the sales and in June/July 2012, all participants will be invited to the Online Entrepreneur Prize Presentation Ceremony 2012. This means that competition will not be closed after the first session of the competition ended. Product of competition will be given to all participants on January 28, 2012. The organizer also will provide an online business site to all teams. A training session and a briefing about My1stop will be given to all participants. Another product other than those specified by the organizer are prohibited. Prices of the entire product were determined by the organizer at whole sale price. Prize of the competition can be summarized as follow: *Category A-Highest profit 1st place- RM5000 2nd place-RM3000 3rd place-RM1500 4th-10th place consolation-RM400 *Category B-Highest sales 1st place- RM5000 2nd place-RM3000

3rd place-RM1500