Oxy-Tech Enterprise / Fakhrul Farris Shuib ... [et al.]

Shuib, Fakhrul Farris and Baharuddin, Mohd Syahid and Noor Izahar, Noor Hazreena and Idris, Nur Amirah and Buang, Siti Nazahah (2009) Oxy-Tech Enterprise / Fakhrul Farris Shuib ... [et al.]. [Entrepreneurship Project] (Unpublished)

Abstract

As the industrial world becomes wider, more industrial company are coming up and established. It makes oxygen is also important in the industrial activity. Oxygen is a part of the air that we breathe. Our body uses oxygen to create the energy it needs to carry on processes essential to living such as walking, thinking, breathing, and laughing. Without oxygen, life will cease in less than 10 minutes. Nowadays, oxygen is not only important for breathing but also for industrial purposes. For example, oxygen is used in medicine as oxygen supplementation. Oxygen is also used medically for patients who require mechanical ventilation. Scuba divers and submariners also rely on artificially-delivered O2, but most often use normal pressure, and/or mixtures of oxygen and air. Oxygen also has other industrial applications which are important for our industry like cutting the steel. Our target market for our business is mainly focus on industrial company and hospital that really use oxygen for their production. We definitely realized that some of our competitors are very well established in the business of local oxygen supplier, but that is not going to be a threat to us because there is not enough oxygen supply in our industrial purposes. Furthermore, there is a very good opportunity in this kind of business due to the high demand of oxygen gaseous. The country also can save the money to import the product from another country with higher price. Most importantly, we can make better profit from this oxygen manufacture.

Metadata

Item Type: Entrepreneurship Project
Creators:
Creators
Email / ID Num.
Shuib, Fakhrul Farris
2006291075
Baharuddin, Mohd Syahid
2006213526
Noor Izahar, Noor Hazreena
2006291738
Idris, Nur Amirah
2006291592
Buang, Siti Nazahah
2006291498
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Decision making
H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Planning. Business planning. Strategic planning
H Social Sciences > HD Industries. Land use. Labor > Technological innovations
H Social Sciences > HF Commerce > Business
Divisions: Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Applied Sciences
Keywords: Business plan; Business management; Entrepreneurship; Oxygen; Oxygen Supplier
Date: 2009
URI: https://ir.uitm.edu.my/id/eprint/62180
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