tariq plastico internship report

7/28/2019 Tariq Plastico Internship Report

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In the Name of

Most Merciful and Compassionate the Most Gracious and

Beneficent whose help and guidance I always

Solicit at every step, at every moment.


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ACKNOWLEDGEMENT

All Praise to Allah. First and foremost I thank to Allah Almighty, the Generous, for having

finally made this effort a reality. I praise Him because if it were not for His Graciousness, it

would never materialize.

Im extremely grateful to my instructors who plain internship in my pathway entire .Who spent a

lot of valuable time with me and gave all the related information and expertise very generously

about related courses.

I thankful to Tariq Plastico and its employees who provide the platform to complete my Business

Report successfully, specially thanks to Owner S. M Tariq.

At last I, express our deepest thankfulness to all those who contributed directly or indirectly to

bring this report to this final format, because I would never have been able to achieve this by

myself.


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Executive Summary:

The main objective of this report is to recapitulate my internship job and to be familiar with

practical aspect of the theoretical knowledge gained in a classroom. This report is the part of my

internship, required by University of Management and Technology for the fulfillment of the

MBA (Eve) program.

This is mainly focused on the job of an internee in Tariq Plastico

During the internship period I have learned examining accounting records, Give detail about of

different type of account, Fill new opening account .Overall I found my internship program very

satisfactory and helpful and gained a practical knowledge about an accounting firm.


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Contents

Internship Report .......................................................................................................... 1Tariq Plastico Lahore, Pakistan ....................................................................................................... 1Executive Summary: ....................................................................................................................... 4Major Department ........................................................................................................................... 9

Marketing Department: ............................................................................................................. 10Production Department: ............................................................................................................ 10

Key Skills and Development: ....................................................................................................... 16Goals for next Three years ............................................................................................................ 16Skilled what are important for my business:................................................................................. 16

1. Pricing Strategy.................................................................................................................. 162. Promotion ........................................................................................................................... 173. Market Differentiation ....................................................................................................... 174. Competitive Strategies ....................................................................................................... 175. Best Supply Chain.............................................................................................................. 17

Uncertainty - ......................................................................................................................... 18Complexity - ......................................................................................................................... 18High-risk consequences - ...................................................................................................... 18Alternatives - ......................................................................................................................... 18Interpersonal issues -............................................................................................................. 18

Conclusion: ................................................................................................................................... 19


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Welcome to Tariq Plastico (Pvt) LtdTariq Plastico (Pvt) Ltd. Importers and stockiest of all kind of plastic molding compound PP, PP

COPOLYMER, PP RANDOM, HDPE BLOW LDPE, HDPE INJECTION, PVC,

POLSTYRENE CRYSTAL, POLYSTRENE HI IMPACT, NYLONE, ACETAL, AS ABS

POLYCORBONATE, ACRYLIC ,PVC BOTTLE GRADE, P.U., EV A FLEX, K RASIN

AND OTHERS

Message of CEOIn the creation of Tariq Plastico (Pvt) Ltd is a hallmark in the history of Plastic Industry. It is a

significant step towards the industrial advancement of the industrially and commercially

progressing region. Tariq Plastico (Pvt) Ltd is an organization where quality and commitment is

given utmost importance. The management is a unique combination of skill and expertise

together with outstanding professionalism. All the resources aim to fulfill the requirements of

Plastic Industry. Our business procedures emphasize the development, manufacturing and

distribution of plastic granules or products I am certain that all the organizations involved in the

plastic business will benefit from the excellent quality a distribution service of Tariq Plastico.

Chairman

Sheikh Muhammad Tariq

Products

1. Plastic Resins2. Water Purifications Filters

Plastic Resins:

"Quality is never an accident it is always the result of intelligent effort." having this phenomenon

in mind Tariq Plastico (Pvt) Ltd started its business in 1969 with include every type of Plastic

Resins (Recycle plastic)." PP, PP COPOLYMER, PP RANDOM, HDPE BLOW LDPE,


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HDPE INJECTION, PVC, POLSTYRENE CRYSTAL, POLYSTRENE HI IMPACT, NYLONE, ACETAL, AS ABS POLYCORBONATE, ACRYLIC, PVC BOTTLE GRADE, P.U., EV A FLEX, KRASIN.

Tariq Plastico (Pvt) Ltd deals in every type of plastic resins pure, recycles or scrape.


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Water Filters:Water Purification Units (Pure Water Is Life) .Tariq Plastico (Pvt) Ltd detail in every type of Water

Purification Units and severing the humanity since 1995. We are specialized in the field of Water

Purification Units.

1. Single bar (Just clear dust)2. Double bar (Germs and dust)3. Three bar (Ulta technology)
http://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/12.jpghttp://www.tariqplastico.com/plasticresis/images/11.jpghttp://www.tariqplastico.com/plasticresis/images/1.jpghttp://www.tariqplastico.com/plasticresis/images/9.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/4.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/2.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/8.jpghttp://www.tariqplastico.com/plasticresis/images/3.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpghttp://www.tariqplastico.com/plasticresis/images/10.jpg


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Marketing Department:

The marketing department of Tariq Plastico is responsible for creating, preparing, and

establishing marketing strategies and policies for each product by coordinating the efforts of

publicity, promotion, advertising, online and sales.

The marketing department of Tariq Plastico is responsible for the following functions:

Preparing all sales presentation materials for consumer explain what can help u toproduct what on cheap rates

Creating pricing strategies. Researching and establishing relations with new markets. Measuring the effectiveness of strategies once completed

Internet Marketing:

There are users who are active users. They are in continues contact with www i.e web. These

users try to find the solutions through internet. As we are also working online marketing

activities in which its website is there www.tariqplastico.com .we promote the company through

online medium too for both local and international markets. For this we will focus on following

activities through which we will place online advertisement too.

Search Engine Marketing Search Engine Optimization Social Media Marketing

Production Department:

The production department of Tariq Plastico coordinates the production and manufacturing of

each product line. Production acts as a liaison between leader, managing officer, design,

production and outside vendors to create and distribute the final product. Daily activities for the

department include:

Trafficking of all materials form input to output. Following up on late ( special schedules) Estimating of production costs. Negotiating with suppliers. Assisting on special projects as necessary.


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Sale Department:

Tariq Plastico used integrated accounts system as by software name Peachtree all the system is

online and accumulated with each other. They got 12 People in place 6 remain in office and other

six are on filed so they visit office to ofiice to increase the sale of tariq plstico.

Above is the figure which show how they make invoice

Accounts Department:

They got computerized accounts system and they used the software Peachtree to see which sale

is increase or not or profit and loss statement and other to the main incharge is Khurrum


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Heariachy

Chairman (S.M Tariq)

Director

(Muhammad Abdullah)

Production

Arif

Marketing

Ijaz

Accounts

Khurrum

Asif manincharge

15 labor

Khijzar and

UsmanSami and

Younis

Sale

Nadeem

10 Sale Repo


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My Learning about my business (how, whom, and why envirment change the

situation of business)

Over business is business on factor of following which I learn that envirment play a big role is

plastic business so following is how and what and due to whom the envirment is effective and

what play positive and negative role

Environment of Tariq Plastico

i. External environmentii. Internal environment

External Environment

The major forces outside the organization that have the potential to significantly influence the

likely success of products or services. These Different factors are as below.

Technological element


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It includes the different technological factor that we use in the operation of our organization. The

technology that we have used in Tariq Plastico is import from the China and Pakistan.(Blow or

Injection)

Political element

It includes the effect of different political situation of Pakistan and how much they are effecting

the Tariq Plastico. like Karachi war destroy the day as its hub of plastic polymer

Economic element

Third element of the external environment is the economic element because if the economy of

the country is not good so the people of the country would like to saving and for that we are

providing economical products.

Legal element

Each organization has to obey the laws of that particular country where the organization exist. In

Pakistan government has make strict rules if they give some relaxation to the business man then

they can worked properly and through this Tariq Plastico can also do good business.

Internal environment

The internal environment is the environment that affects the organizational operations directly.

These elements are as follows.

Customers

Competitors Workers Supplier Customers


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What I thinks that the customers are the first element of the internal environment that are the

responsible of the success and failure of the any organization and we have to provide them

complacent knowledge about the product quality and so on.

Competitors

Another element of the internal environment of the Tariq Plastico that can affect the success of

the company is competitors through their different strategies.

Workers

Workers are the main element of the internal environment because they are the responsible for

the success or failure of the any organization.

Suppliers

Hey are also the main elements of the organization that can affect the operation of the

organization in very well manner. Tariq Plastico is also making such king of strategies through

which they can make a good relation with them.

Country culture

Tariq Plastico has made some value related to their culture and always follows them in their

organization. These factor or value is as below. Follow the ethic.

Increase the value of customer. Increase the integrity. Use fair dealing. Be honest to our customer. Follow legal rule. Team work. Better customer service.


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After that they also follow the rules and regulations and as well as the culture of that particular

countries in which they are operating their business.

Key Skills and Development:

I have seen following improvement in me while working in Tariq Plastico which are as below.

Interpersonal Communication skills. Skilled & capable of Working under pressure. Working in Teams with skillful techniques. Managing the modern day Business needs. Working with the Professional team.

Goals for next Three years

As I already have share before in Tariq Plastico is improving day by day while facing so much

competition and economic instability and new entries we want to make that company well

reputed and well known company with a big market share and also introducing online marketing

and order giving facilities. We are also looking forward to make good relations with our

suppliers and distributors so we can provide products to customers on suitable prices and can

bear minimum cost to increase profitability and in next three years we will expand the operationand portfolio of that company whole importing material from China.

Skilled what are important for my business:

To achieve our goals we will use the following strategies which are as below.

1. Pricing StrategyPricing strategy plays very important role to acquire market share where giant competitors are

already working and moving ahead. Tariq Plastico has implemented low pricing strategies to

reach its objectives. Pakistans mostly population contains on Middle class and working class

people. In this view the low pricing strategy of Tariq Plastico gets attention of many customers.


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2. PromotionFor the promotion of product, print media, electronic media, broachers and leaflets will has been

utilized for the awareness of various customers. Time to time, Tariq Plastico promotes its

products to their users and general public via using various type of promotion channels. Through

the advertisements people get awareness about the product and are able to choose the best

product

3. Market DifferentiationWe will try to provide a product with different and unique features and will do positioning

accordingly.

4. Competitive StrategiesTo cope up with the growing competition, Tariq Plastico are also working to compete with their

competitor time by time, for this we take update information about market and our competitors

so we can respond accordingly

5. Best Supply ChainWe will make good relation with our both supplier and distributor so we can work for mutual

gain and in the best way with unique strategies to compete in the market and to reduce to cost as

well; we are also looking for international resources too.

Area of Improvement

Communication

Getting your message across, verbally and in writing, to individuals and groups

Listening effectively Understanding body language Creating a logical argument

Communication is essential in any Plastic business as for chemical reaction. The most common

jobs in Tariq Plastico are as a credit analyst as to provide credit policy to consumer re 100 plus

for 15 days credit. These jobs require a strong understanding of accounting.


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Listening is main tool to get information. You have got the information then you should make

decision. So firstly listen to your customer issues and what he wants from us and then solve those

issues. Customer satisfaction is more important for any Tariq Plastico.

Decision Making:

Simple decisions usually need a simple decision-making process. But difficult decisions typically

involve issues like these:

Uncertainty - Many facts may not be known.

Complexity - You have to consider many interrelated factors.

High-risk consequences - The impact of the decision may be significant.

Alternatives - Each has its own set of uncertainties and consequences.

Interpersonal issues - It can be difficult to predict how other people will react.

The ability to make decisions is also an asset to an employer. Decision making and reasoning

involve gathering information, evaluating a variety of solutions, and selecting the best option

The best way to make a complex decision is to use an effective way. Decision Making usually

lead to consistent, high-quality results and they can improve the quality of almost everything (

Consumer Care

They have not work on consumer care as the overall department is miss and the consumer

complain handling is not done properly .so they should developed it and stratification is

everything for Consumer business.

Technology

They got online system but the technology we used is well old they should use latus computer

and equipment after all is for development of business.


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Conclusion:

My internship experience has given me a practical preview of business administration. Now I

feel that I am better prepared to enter the world of professional work. I have come to know and

been appreciated by a number of professionals who are lending their services to the

administration field. I feel honored that I have worked with such experienced professionals.

Each task I performed was a different experience in itself. By the end of it, I must say I realize

my potentials, I have realized that earning money is not so easy after all, it takes a lot of hard

work and devotion, and not to forget time. And now I know that if I want I can make things

possible, and I also know how good it feels to having accomplished something and being

appreciated for it. I definitely have learnt things, which will impact my career and my character.

The overall experience of my internship was very good; I have learnt the sense of responsibility

in its literal meaning. I am now capable of dealing with different sort of people, and how to be

patient while doing so.

tariq plastico internship report

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