Suppose that as a real estate investor, you got a great deal on an old historic building. The area around this property is becoming increasingly popular and you want to capitalize on the growth and potential increase in value. You have drawn up plans that include tearing down the old building and replacing it with a newer, more modern building that is about the same size. Unfortunately, locals have not responded well to your plans, as they consider it to be a somewhat of a landmark. What would you do in this situation and why? Option 1: Build the new building anyway – they will get over it. Option 2: Renovate the old building because the square footage you plan to rent out is about the same, and the building facade could be preserved. Option 3: Do nothing to the building and sell it in a couple years. In a minimum of 200 words, explain which option you would choose and explain why you think it is the best option. To receive a score of 100% requires a well-written reply with over of 200 words and a clear-cut, persuasive argument that includes references to the text and/or outside resources.

Critical Thinking: Scope of the Modern Company (105 points)In this module, we looked at the boundaries of companies on the expanding size and scope of companies, in addition to vertical and multinational expansion. For this week’s assignment, you will review Zara: Super-Fast Fashion, Case 15 (in your textbook). Remember: A case study is a puzzle to be solved, so before reading and answering the specific case study questions, develop your proposed solution by following these five steps: Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course area which apply to the situation described in the case study. Record the facts from the case study which are relevant to the principles and concepts of the course area issues. The case may have extraneous information not relevant to the current course area. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers. Describe in some detail the actions that would address or correct the situation. Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks. Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case. Case Study Questions: What are the main activities in the value chain for fashion clothing (from raw material to retailing)? Which activities are undertaken by the companies that own the leading brands of fashion clothing? Why do mass-market fashion companies mostly outsource manufacturing? What is Zara’s strategy? What role does vertical integration play in this strategy? How sustainable is Zara’s competitive advantage? What changes in Zara’s strategy or its management systems, if any, would you recommend? Your well-written paper should meet the following requirements: Be 4 to 5 pages in length, which does not include the required title and reference pages, which are never a part of the content minimum requirements. Use Saudi Electronic University academic writing standards and APA style guidelines. Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more. It is strongly encouraged that you submit all assignments into the Turnitin Originality Check before submitting it to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin Originality Check—Student Guide for step-by-step instructions. Review the grading rubric to see how you will be graded for this assignment.