ST.

AUGUSTINE UNIVERSITY OF TANZANIA (SAUT)

FACULTY OF ENGENEERING
DEPARTMENT OF ELECTRICAL AND INFORMATION COMMUNICATION
TECHNOLOGY
TASK GROUP WORK
SUBJECT ENTREPRENEURSHIP SKILLS
CODE GST 04201
LECTURER SR AKOTH FRANCISCA
DATE SUBMITED May 30 2022
NAME OF THE STUDENTS
REGISTRATION NUMBER
1 COSTANTINE SIMON MAYUNGA CICT/2021/0007
2 EVARIST .K KILOYA CICT/2021/0042
3 KUNDI KASONTA CICT/2021/1565
4 IRENE MASAWE CICT/2021/0275
5 MUSSA KOYO CICT/2021/0111
6 NOEL ERASTO SANYIWA CICT/2021/0119
7 SAMEER SAID ABDALLAH CICT/2021/0001
8 JEFTA JOHANES MUSHAMBA CICT/2021/3829

Questions
1. Perform Pre-Shopping visit
2. Perform shopping list
3. Prepare consumption budget
Prepare pre-shopping visit.

Pre shopping, are activities in which a customer browses the available goods or services
presented by one or more retailers with the potential intent to purchase a suitable selections of
goods

Activity that making the experience of pre- shopping visit more successful for a customers

 Prepare a list: it’s important to have a required list of items or things need to
buy. So that can buy necessary items

 Stickily with budget in mind: By Tracking or record all purchases in items price
and quantity will enable to know where to stop so that the budget will remain as
planned

 Choose the Product wiser: Know the brand or product of your list that you want,
and check multiple Stores to compare the price s

 See if the discounts actually work out for you: ask for discount if available to
see how much you can save from your budget and calculate to see if suits you
more.

Pre-shopping visit site

Prepare shopping list

This shopping list of Items or goods which a customer records or wants to purchase based
on his/her budget or needs

 Know things you need beforehand: by improvising the shopping list at the time
when know things you what to purchase, you should have a well-thought out list
before you head out the door. Check the pantry and check what’s running low. While
keeping a running tally of grocery purchases will help you figure out the less obvious
things, you can cover a lot of your bases by taking a quick stock of your inventory.

 Keep a record ‘to-buy’ list: Throughout day to day life you should’ve record all
running out items or running low on something you’ll need, make a note of it on the
list. Done in this way, you won’t have to stress out about remembering all the things
you need to buy.

 Predict when you’ll run out of certain supplies, if you already have grocery trips as
part regular routine, you probably schedule your trips based on how often certain
items run out of supply at home. Having some idea beforehand of when a certain item
will be used up can help you plan your trips more wisely. If you’re smart, you’ll
never run out any supply because you’ll be able to gauge when a trip is needed before
it runs out.

 Look up coupons and special, before going in for shopping items based on what
items are discounted on that given week. If there is something you wouldn’t normally
buy that’s currently being sold for discount, it’s sometimes a good idea to switch up
your buying habits accordingly. On the other hand, if there’s a discount for an item
you usually buy, you can take the chance to stock up on more of it than you normally
would.
 SHOPPING LIST
Items Quantity
Eggs 5 trays
Blue band 2
Drinking water 1 ketone
Cooking oil 20 litters

sugar 5 kg
Prepare consumption budget
 Write down how much money you bring in each month, your net monthly income
is the total amount of money you actually get to take home every month, after all of
the deductions (taxes, health care) have been subtracted. This includes your
paycheck, child support, tips, monthly bonuses, social security payments and any
other payments you receive on regular basis. Write everything down and total the
items up.
 Make a list of your fixed expenses for each month, fixed expenses are expenses
which you have to pay every month no matter what. These are expenses which
fluctuate a little from a month to month, but for the most part, they stay the same.
An example of a fluctuating fixed expenses is your electricity bills, since that varies
by month. And some of fixed expenses are, mortgage, rent, property taxes, utilities
bills and health insurance.
 Use bank statements and receipts to add up flexible expenses, flexible expenses
are expenses that are necessary for each month, but you have some control over how
much you spend on them. Review your bank statements and receipts to figure out the
average amount you spend on each flexible expenses. Typical flexible expenses are,
households and grocery items and clothing and shoes.
 List all your discretionary expenses and total them up, discretionary expenses are
expenses which are non essential expenses , like entertainment that you have full
control over. Generally discretionary are thing you want, but you really don't need
them to survive .
 Subtract your monthly expenses from your monthly income, use calculator to
make math easier. If the expenses total is less that income total your more or less on
 track financially. If the expenses total is more than expenses total. You are off track
and need to prioritize your expenses before you can do any savings.

Income Amount
Salary 200,000.00
Investment 50,000.00 MONTHLY CONSUMPTION BUDGET
Total 250,000.00

Home expenses Amount Monthly Expenses (Total income – total

Mortgage/Rent 15000 expense) 250000-210000= 38,000
Electricity 20000
Gas/Oil 12000
Water/Sewer/Trash 7000 Daily spending money goal is 38,000tsh
Total 54,000.00

Transportation Amount
Bus/Taxi/boda boda Fare 15000
Total 15,000.00

Health Amount
Medicine/Drugs 10000
Insurance 54000
Total 64,000.00

DAILY LIVING Amount

Groceries 5000
Personal Supplies 3000
Clothing 20000
food 16000
Education/Lessons 0
Dining/Eating Out/Coffee 30000
Salon/Barber 5000
Total 79,000.00

Total Income 250,000.00

Total Expensive 212,000.00
Balance 38,000.00