PRESENTED BY

AYESHA WAHEED
2016-AG-7582
AQSA AFZAAL
2016-AG-7582
 CHASE UP PROFILE

Organisation Name: Chase up

Year of establishment: 20-june-2014
Founder Name: Muhammad Bashir
Director Name: Muhammad Bashir, Salman Bashir, Jawad
Branches: Gujranwala, Faisalabad, Multan
BUSINESS POLICY

Business policy Is the study of the roles and responsibilities of top level
management, the significant Issues affecting organisational success and
decision affecting organisational In the long run.
BUSINESS POLICY OF CHASE UP

Chase up business policy is to provide Good quality products With low price for gaining a
competitive edge in the market.
Our business policy is to open a new branches After one year in different cities of Pakistan.
CONT...

Provision of Courteous And helpful Services to the customer.

Offering opportunities to growth, advancement and rewarding careers in a fun safe working
environment.
Working for profit maximization.
Working for economic growth.
ANALYTICAL ANALYSIS.

In analytical Analysis we examine the..

• PEST Analysis
• SWOT Analysis
• COMPETITOR Analysis
PEST ANALYSIS

P (Political) E (Environmental) S (socio-cultural) T (Technological)

Political ideologies Economic conditions Obey and fulfil social Fail to access the new
culture norm and technology
values
Government term and Economic system - Sufficient level of
change technology
War and conflict Price fluctuation - Good internet and
infrastructure
Environmental issues Globalization -
SWOT ANALYSIS

Strength Weakness Opportunities Threats

Good infrastructure Security Absence Faster market growth Changes in government
than before policy
Flexible and responsive - Local Event New competitors
to sale
Security - - Social Trend
Provide discount card - - -
Available all sort of - - -
good
COMPETITORS ANALYSIS

Our competitors are those who can effect our business..

Competitive Advantage:
Low pricing strategy is a comparative advantage for chaseup. Chase up provides good
quality Products at cheapest rate.
Nature of competition:
We have more competitive management and employees Our employees are very
competent Skilled and highly experience.
BUSINESS OWNER

Definition:
A business owner is the legal proprietor
of a business. An individual or group that owns the
assets of a firm and profits from them.
WHAT DOES BUSINESS OWNER MEAN?

The owner can be the same person who directs the business
and controls its day-to-day processes or he can choose to have
a Manager for that purpose, or even name a Board of Directors
to do it. The corporate governance applied in a particular firm
largely depends on its size and operational complexity.
BUSINESS OWNER POLICY _BOP

What Is a Business Owner Policy?

A business owner policy (BOP) combines protection for all
major property and liability risks in one insurance package. This
type of policy assembles the basic coverages required by a
business owner in one bundle. However, it is usually sold at a
premium that is less than the total cost of the individual
coverages
Example;
John Hatish is a 50 year-old man who decided to invest his money in a new business. He wanted to provide
cleaning services to office buildings. John Hatish created a new firm, employed ten young individuals and purchased
the initial inventory as well as some cleaning tools and equipment.
But Mr. Hatish has a full-time job as an engineer so he has no time to supervise the employees or to meet with
potential clients. He remained as the business owner but hired a full-time manager. This manager meets with Mr.
Hatish two hours each Saturday to guarantee proper accountability and to discuss together about new opportunities
and ideas concerning relevant business issues.
At the end of the first year, Mr. Hatish decided to reinvest all the resulting profit to upgrade the company’s
equipment. At the end of the second year of operations he took out 50% of the profit as income and reinvested the
remaining 50% to keep funding the company’s growth
IF I WAS OWNERSOME BASIC POLICES USE
•A business owner policy (BOP) is a package that bundles basic
insurance coverages and is sold at a premium.
•A BOP typically protects business owners against property damage,
peril, business interruption, and liability.
•While coverages vary among insurance providers, businesses can
often opt-in for additional coverage, such as crime, spoilage of
merchandise, forgery, fidelity, and more.
•Insurance providers determine if a business qualifies for a BOP based
on business location, the size of the location, the class of business, and
revenue.
•A business may qualify for special considerations if it meets certain
eligibility qualifications.
UNDERSTANDING BUSINESS POLICES

A business owner's policy offers several insurance products

rolled into one, generally targeted to small- and mid-size
businesses. Business owners insurance typically includes
property, business interruption, and liability insurance.Yet, most
policies require businesses to meet certain eligibility criteria to
qualify.
UNDERSTANDING

BOPs with liability protection will have the insurance company

cover the insured's legal responsibility for damages it may inflict
on others. This damage would have to be a result of things done
in the normal course of business operations, which may cause
bodily injury or property damage due to defective products,
faulty installations and errors in provided services.
REQUIRMENTS

Not all businesses qualify for business owner’s policies.

Eligibility requirements differ among providers. Insurance
providers may have requirements regarding business location,
the size of the location, revenue, and class of business.
FOR EXAMPLE

For example, most insurance providers only cover

businesses that handle all business on-premises. They
may also have limitations if a primary business property
measures over or under a specified area. Typically,
businesses classes eligible for BOPs include retail stores,
apartment buildings, small restaurants, and office-based
businesses.
BOPs with liability protection will have the insurance
company cover the insured's legal responsibility for
damages it may inflict on others. This damage would
have to be a result of things done in the normal
course of business operations, which may cause
bodily injury or property damage due to defective
products, faulty installations and errors in provided
services.
SPECIAL CONSIDERATIONS
A business owner policy might also include crime
insurance, vehicle coverage, and flood insurance.
Depending on a business' individual situation, the
business owner and the insurance company may
make arrangements for additional coverage
components. Some of these might include certain
crimes, spoilage of merchandise, computer
equipment, mechanical breakdown, forgery, and
fidelity bond, but the coverage limits for these
inclusions are typically low.
RETURN & EXCHANGE POLICY
At Chase UP we better understand your
needs therefore you can avail our unique service in
town of easy return/exchange policy up to 15 days
of your order.
If you are not satisfied with your purchased product
we allow you to return items at delivery time or
you may return or exchange products at any
nearest chase Up Outlet with your invoice without
any extra cost. We recommend you to check
properly product on the time of receiving avoid any
hassle.
Keep Easy Shopping