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Management Question

Description

Learning Goal: I’m working on a management multi-part question and need support to help me learn.

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.

Copying, plagiarism or theft is prohibited

And it will be from his own book

‫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 2 MGT101 (1st Term 2024-2025)
Deadline: 02/11/2024 @ 23:59
(To be released to students on BB in Week 7)
Course Name: Principles of
Management
Course Code: MGT101

Student’s Name:

Semester: 1st

CRN:

Student’s ID Number:

Academic Year: 1446 H (2024-2025)1st Term
For Instructor’s Use only
Instructor’s Name: Malak Alghamdi
Students’ Grade: /10

Level of Marks: High/Middle/Low

Instructions: Please Read them carefully

This assignment is an individual assignment.
Due date for Assignment 2 is 02/11/2024.

The Assignment must be submitted on BB 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.

Restricted – ‫مقيد‬

‫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 Purposes/Learning Outcomes:
After completion of Assignment-2 students will able to understand the
CLO1: State the concept of management functions, roles, skills of a manager and the
different theories of management
CLO 4: Employ knowledge and techniques of strategic planning, problem solving, decission
making and change management.

Note: Length of each answer should be around 300-350 words.

Part A
Please go through the Case and answer the question
Industry competitiveness
It is interesting to compare two completely different industries in terms of competitive rivalry. The
world fashion industry has many famous names that compete for our attention and for our
‘consumer dollar’. The images of these businesses, such as Versace, Armani and Chanel, have
been carefully built up with celebrity endorsements and expensive advertising. It would be difficult
for new firms trying to break into the industry to compete with these. Certainly, using low prices
to attract consumers to buy an ‘exclusive’ new brand of clothing is unlikely to be successful.
Exclusive shops often have agreements with fashion companies to be their exclusive outlets –
again making it difficult for new firms to get established. However, the rapid growth of technology
could make traditional retailers old fashioned and consumers may be happy in future to buy even
top fashion names through e-commerce.
The world car industry has huge excess capacity. An industry specialist has forecast that total car
sales was 40 million, yet the production capacity of the world’s car factories is around 60 million.
The only new mass- market producers in recent years have come from Korea, such as Hyundai,
and China, and the cost advantages they enjoy have reduced output in the USA and Europe, which
has reduced the economies of scale of producers in these countries. The technological expertise
and capital needed to build a new mass-market car factory make it very unlikely that new firms
will now join the world car industry. There is likely to be a number of mergers and takeovers.

Restricted – ‫مقيد‬

‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬

Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University

College of Administrative and Financial Sciences
However, small niche market producers – such as makers of electric cars or super-fast sports cars
– are still launching new products in a desperate attempt to create product differentiation.
Q1. Using Porter’s Five Forces model, the information above and any other information you have
researched, compare the likely competitive rivalry in these two markets. (4 marks)

Part B
Q1. Honda & Fiat motors are often claimed to have core competence in building powerful and
efficient petrol & diesel engines respecttively. Black & Decker is recognised as having a core
competence in making small electric motors.
Research into the range of products offered either by Honda, Fiat or Black & Decker. Discuss the
benefits to any one of these businesses of having the core competence outlined above. (3 marks)

Part C
Use the website to look up more mission
statements for well-known corporations.
Q1. Evaluate the usefulness of any one of these mission statements for planning of future strategies
for this business. Also Suggest how these mission statements might be communicated to three
different stakeholder groups.

Restricted – ‫مقيد‬

(3 marks)

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