MGT 101 SEU Management Fast Fashion Was Forever 21 Fast Enough Case Study

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Xuwhir

Business Finance

MGT 101

Saudi electronic university

MGT

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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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‫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 su...


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