Fyoozhun [Incorporated]: A business plan

Executive Summary. FYOOZHUN INCORPORATED is a corporation that is formed to answer the ever-changing needs of consumers. It is located at #7 Nottingham St. Hillsborugh Alabang Village, Cupang, Muntinlupa. Fashion is beginning to be expensive and the nine proponents took the challenge of designing, manufacturing, and selling their unique and innovative product, Futwurx sandals. These are sandals with interchangeable straps that can fit your mood and style. It\u27s innovation allows consumers to change the strap designs based on their preferences. This allows the consumer to buy less pairs and be practical, yet be fashionable at the same time. The primary market of this innovative, versatile and practical product is composed of schools and villages located in the Alabang, Parañaque, Muntinlupa and Makati. These are St. Francis of Assisi High School, De La Salle Santiago Zobel School, Assumption College and Merville Village. The total population of the primary market is 359 respondents. Three hundred fifty nine respondents from the above mentioned schools and village were selected through systematic random sampling and were surveyed by requesting them to answer a carefully formulated and pretested questionnaire. Upon completion of the survey, the data gathered were analyzed and interpreted. The market acceptability rate of Futwurx was determined to be 82.21% for the primary target market. Majority (84.1%) of the respondents found the product unique and innovative, with 85.2% willing to buy it. Monthly potential demand was computed to be 229 units. Market share of FYOOZHUN INCORPORATED for Futwurx was 62.88%. Using the time and motion study, the proponents determined that for Futwurx, the assembly line method would be the most effective method of production. The manufacturing process goes as follows: the patterns for the sole and straps are traced and cut on different materials the different cut materials of the insole are bonded by rugby and primer is applied to the rubber sole these are sent to the sub-contractor for buffing and pressing the different cut materials of the straps are swen together and Futwurx is packaged. Within one production day, an average of 36 units of the product can be produced. Maximum output is 57 units while minimum output is 15 units. Cycle time for the production of one unit of Futwurx sandals is approximately 13 minutes, with the percentage of efficiency at 83.62%. Production cost per unit was computed to be P 163.28, while selling price of the product was computed to be P300.00. Break-even analysis showed that FYOOZHUN INCORPORATED needs to sell approximately 12 units of Futwurx, or achieve gross sales of P 3,423.91 per month. to avoid incurring losses. Corporation is the type of business ownership that the proponents have chosen because of its advantages. The corporate name FYOOZHUN INCORPORATED was chosen because the proponents are a fusion of different talents and ideas. The corporation will exist for 10 months. The stockholders and the board of directors are the proponents themselves. Each one of them has duties and responsibilities to perform as well as rules and regulations to follow. The different pre-operation, operation, and post-operation activities are also to be underwent by the proponents during its term of existence. Financial assumptions are specified for the proponents to follow. The proponents will finance the business through the help of their parents. Borrowing from financial institutions is not allowed. The project cost required to finance the first month of operation is P 17,000.00. Budgets were prepared to estimate the amounts of expenses to be incurred by the company. Projected financial statements are also provided to show the expected income from the business and the assets of the corporation. The said business is said to generate an income of P 596,400.00 at the end of its existence. The return on investment is 1,606.79% while the return on equity is 94.41%. This means that the business is very profitable and the proponents are able to utilize their assets effectively. In conclusion, the project is found to be feasible based on the studies made. However, the proponents must still consider factors that might affect the operations of the business in the future such as inflation and economic recession. keeping an open mind and keeping the initiative and determination will surely make the business a successful one

Initial invasive or conservative strategy for stable coronary disease

BACKGROUND Among patients with stable coronary disease and moderate or severe ischemia, whether clinical outcomes are better in those who receive an invasive intervention plus medical therapy than in those who receive medical therapy alone is uncertain. METHODS We randomly assigned 5179 patients with moderate or severe ischemia to an initial invasive strategy (angiography and revascularization when feasible) and medical therapy or to an initial conservative strategy of medical therapy alone and angiography if medical therapy failed. The primary outcome was a composite of death from cardiovascular causes, myocardial infarction, or hospitalization for unstable angina, heart failure, or resuscitated cardiac arrest. A key secondary outcome was death from cardiovascular causes or myocardial infarction. RESULTS Over a median of 3.2 years, 318 primary outcome events occurred in the invasive-strategy group and 352 occurred in the conservative-strategy group. At 6 months, the cumulative event rate was 5.3% in the invasive-strategy group and 3.4% in the conservative-strategy group (difference, 1.9 percentage points; 95% confidence interval [CI], 0.8 to 3.0); at 5 years, the cumulative event rate was 16.4% and 18.2%, respectively (difference, 121.8 percentage points; 95% CI, 124.7 to 1.0). Results were similar with respect to the key secondary outcome. The incidence of the primary outcome was sensitive to the definition of myocardial infarction; a secondary analysis yielded more procedural myocardial infarctions of uncertain clinical importance. There were 145 deaths in the invasive-strategy group and 144 deaths in the conservative-strategy group (hazard ratio, 1.05; 95% CI, 0.83 to 1.32). CONCLUSIONS Among patients with stable coronary disease and moderate or severe ischemia, we did not find evidence that an initial invasive strategy, as compared with an initial conservative strategy, reduced the risk of ischemic cardiovascular events or death from any cause over a median of 3.2 years. The trial findings were sensitive to the definition of myocardial infarction that was used

Health-status outcomes with invasive or conservative care in coronary disease

BACKGROUND In the ISCHEMIA trial, an invasive strategy with angiographic assessment and revascularization did not reduce clinical events among patients with stable ischemic heart disease and moderate or severe ischemia. A secondary objective of the trial was to assess angina-related health status among these patients. METHODS We assessed angina-related symptoms, function, and quality of life with the Seattle Angina Questionnaire (SAQ) at randomization, at months 1.5, 3, and 6, and every 6 months thereafter in participants who had been randomly assigned to an invasive treatment strategy (2295 participants) or a conservative strategy (2322). Mixed-effects cumulative probability models within a Bayesian framework were used to estimate differences between the treatment groups. The primary outcome of this health-status analysis was the SAQ summary score (scores range from 0 to 100, with higher scores indicating better health status). All analyses were performed in the overall population and according to baseline angina frequency. RESULTS At baseline, 35% of patients reported having no angina in the previous month. SAQ summary scores increased in both treatment groups, with increases at 3, 12, and 36 months that were 4.1 points (95% credible interval, 3.2 to 5.0), 4.2 points (95% credible interval, 3.3 to 5.1), and 2.9 points (95% credible interval, 2.2 to 3.7) higher with the invasive strategy than with the conservative strategy. Differences were larger among participants who had more frequent angina at baseline (8.5 vs. 0.1 points at 3 months and 5.3 vs. 1.2 points at 36 months among participants with daily or weekly angina as compared with no angina). CONCLUSIONS In the overall trial population with moderate or severe ischemia, which included 35% of participants without angina at baseline, patients randomly assigned to the invasive strategy had greater improvement in angina-related health status than those assigned to the conservative strategy. The modest mean differences favoring the invasive strategy in the overall group reflected minimal differences among asymptomatic patients and larger differences among patients who had had angina at baseline