MGT 101 Saudi Electronic University Effective Change Management Discussion Questions

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MGT 101

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‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 1 MGT101 (2nd Term 2021-2022) Deadline: 12/03/2022 @ 23:59 (To be posted/released to students on BB anytime in Week 3) Course Name: Principles of Management Course Code: MGT101 Student’s Name: Semester: 2nd CRN: Student’s ID Number: Academic Year: 1442/1443 H, 2nd Term For Instructor’s Use only Instructor’s Name: Students’ Grade: /10 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • • This assignment is an individual assignment. Due date for Assignment 1 is 12/03/2022 • The Assignment must be submitted only in WORD format via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). Submissions without this cover page will NOT be accepted. Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ College of Administrative and Financial Sciences Assignment Purposes/Learning Outcomes: After completion of Assignment-1 students will able to understand the LO 1.1: State the concept of management functions, roles, skills of a manager and the different theories of management. Assignment-1 Please read the case “Fast Fashion - Was Forever 21 Fast Enough?” given on Page number 42, Chapter 1– “The Exceptional Manager” available in your textbook/e-textbook “Management: A Practical Introduction” 10th edition by Angelo Kinicki, & Denise B. Soignet and answer the following questions: QUESTIONS Q1. What is the underlying problem in this case from the perspective of Forever 21’s customers and creditors? (2 Marks) Q2. Why do you think Forever 21 ended up in this situation? (2 Marks) Q3. Did Forever 21 operate more from a principle of efficiency or effectiveness? Explain your rationale. (2 Marks) Q4. Which of the three skills that exceptional managers need did the Changs most lack? Explain your answer. (2 Marks) Q5. What would you have done differently if you had been a senior executive at Forever 21? (2 Marks) ANSWERS: 1. 2. 3. 4. 5.
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Student’s name:
Student’s ID number:
CRN:
Assignment 1
Principles of Management
MGT101
2nd semester

Table of contents:

Question 1:
Forever 21 was unable to respond quickly enough to shifting client preferences. In addition, the
corporation was late to the e-commerce game. In addition, the creditors did not see any
significant changes in the company’s performance. It should be emphasised that the firm was a
forerunner in new fashion trends and a popular hangout for teens and young people. Despite the
fact that its key clients are young people who like to purchase online, the firm did not invest in
its e-commerce platform. It’s remarkable that they didn’t see that transition coming, and now
they’re forced to restructure their entire organisation and put a lot of emphasis on their online
commerce platform to make up for the lost revenues. So they’re good at it, only they didn’t
understand that’s where most people wanted to purchase their clothes, and they didn’t realise
how fierce the rivalry from other online stores was (MartinRoll, 2018).

Question 2:
The Changs had ultimate influence over the company’s choices. They were also late in accepting
the adjustments made by top management. By the time these revisions were authorised, they
were no longer relevant. In only six years, ...


Anonymous
Excellent resource! Really helped me get the gist of things.

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